Overview

Sign up for

Est.

1992

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

AVENUE OF THE ARTS INC is a nonprofit organization dedicated to advocating for the interests of stakeholders along the Avenue of the Arts, focusing on strategic planning, marketing, and place-making to enhance the economic and cultural vitality of this vibrant area. With an operating budget of $1.4 million and total revenue of $1.2 million for the 2024 filing year, the organization does not rely on a single funder for 50% or more of its revenue. More information can be found on their website at www.avenueofthearts.org.

Mission Statement

OUR PRIMARY MISSION IS ADVOCACY FOR THE INTERESTS OF THE AVENUE OF THE ARTS STAKEHOLDERS ON ISSUES RANGING FROM STRATEGIC PLANNING TO MARKETING AND PLACE MAKING IN SUPPORT OF THE ECONOMIC AND CULTURAL VITALITY OF THIS GREAT STREET.
Revenues
$1.2M
Expenses
$1.4M
Net Income:
-$161.8K
Assets
$911.6K
Liabilities
$745.9K
Net Assets:
+$165.8K
Operating Budget
$1.4M
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
3
Median grant size
$10K
Largest grant received
$27K
L
Laura Burkhardt
Board Member
J
Julian P Rackow
Board Member
D
Diane Semingson
Board Member

Frequently Asked Questions

What is AVENUE OF THE ARTS INC’s budget?
In 2024, AVENUE OF THE ARTS INC reported an annual operating budget of around $1.4 million. More detailed financial information is available to registered users.
What causes does AVENUE OF THE ARTS INC support?
AVENUE OF THE ARTS INC supports work in Arts councils.
Where does AVENUE OF THE ARTS INC operate?
AVENUE OF THE ARTS INC is headquartered in Philadelphia, PA.
Who funded AVENUE OF THE ARTS INC recently?
In 2025, AVENUE OF THE ARTS INC received grants from Tierney Family Foundation, THE BROOK J LENFEST FOUNDATION INC, and THE UNION LEAGUE OF PHILADELPHIA. More information on this organization’s funders is available to registered users.
What is the largest grant AVENUE OF THE ARTS INC received in 2024?
The largest grant to AVENUE OF THE ARTS INC in 2024 exceeds $27 thousand.
What is AVENUE OF THE ARTS INC’s reliance on government grants?
AVENUE OF THE ARTS INC relied on government grants for more than 85% of their total revenue in 2024.