Civic Intelligence

Painted Bride Art Center Inc

EIN 23-1946391 • 501(c)3 • Philadelphia, PA

Profile

Painted bride art center, inc. (the bride) brings artists, who push the boundaries of how we experience art, together with audiences and communities, in order to foster critical insight, and encourage playful exhance, open minds, and dialogue

4029 Cambridge StreetPhiladelphia, PA 19104

www.paintedbride.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.07x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

79th percentile

0.66x

Higher debt load relative to revenue than 79% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

13th percentile

-21%

Higher net margin than 13% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

50th percentile

4.7%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

20th percentile

-10%

Faster revenue growth than 20% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$5,195,917

Up $233,986 (+4.7%) from 2024

Liabilities

Down

$372,732

Down $4,103 (-1.1%) from 2024

Net Assets

Up

$4,823,185

Up $238,089 (+5.2%) from 2024

Revenue

Down

$568,641

Down $64,740 (-10%) from 2024

Expenses

Up

$686,941

Up $23,412 (+3.5%) from 2024

Net Income

Down

-$118,300

Down $88,152 (-292%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$6.0M$4.0M$2.0M$0Assets 2011: $1,102,032Liabilities 2011: $343,382Net Assets 2011: $758,6502011Assets 2012: $1,041,551Liabilities 2012: $375,074Net Assets 2012: $666,4772012Assets 2013: $729,848Liabilities 2013: $362,010Net Assets 2013: $367,8382013Assets 2014: $760,046Liabilities 2014: $356,350Net Assets 2014: $403,6962014Assets 2015: $955,730Liabilities 2015: $280,108Net Assets 2015: $675,6222015Assets 2016: $829,463Liabilities 2016: $168,793Net Assets 2016: $660,6702016Assets 2017: $744,559Liabilities 2017: $163,059Net Assets 2017: $581,5002017Assets 2018: $579,458Liabilities 2018: $105,643Net Assets 2018: $473,8152018Assets 2019: $504,582Liabilities 2019: $37,615Net Assets 2019: $466,9672019Assets 2020: $808,141Liabilities 2020: $453,463Net Assets 2020: $354,6782020Assets 2021: $670,521Liabilities 2021: $152,862Net Assets 2021: $517,6592021Assets 2022: $4,241,692Liabilities 2022: $373,749Net Assets 2022: $3,867,9432022Assets 2023: $4,494,291Liabilities 2023: $274,362Net Assets 2023: $4,219,9292023Assets 2024: $4,961,931Liabilities 2024: $376,835Net Assets 2024: $4,585,0962024Assets 2025: $5,195,917Liabilities 2025: $372,732Net Assets 2025: $4,823,1852025

Highlighted filing

2025

Assets$5,195,917
Liabilities$372,732
Net Assets$4,823,185

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $984,350Expenses 2011: $936,248Net Income 2011: $48,1022011Expenses 2012: $1,065,4742012Expenses 2013: $1,000,8092013Revenue 2014: $829,720Expenses 2014: $806,797Net Income 2014: $22,9232014Revenue 2015: $1,192,577Expenses 2015: $914,479Net Income 2015: $278,0982015Revenue 2016: $938,039Expenses 2016: $943,609Net Income 2016: -$5,5702016Revenue 2017: $737,919Expenses 2017: $830,964Net Income 2017: -$93,0452017Revenue 2018: $671,151Expenses 2018: $785,337Net Income 2018: -$114,1862018Revenue 2019: $426,100Expenses 2019: $428,053Net Income 2019: -$1,9532019Revenue 2020: $266,410Expenses 2020: $375,599Net Income 2020: -$109,1892020Revenue 2021: $426,441Expenses 2021: $306,081Net Income 2021: $120,3602021Revenue 2022: $3,821,925Expenses 2022: $471,365Net Income 2022: $3,350,5602022Revenue 2023: $621,190Expenses 2023: $580,226Net Income 2023: $40,9642023Revenue 2024: $633,381Expenses 2024: $663,529Net Income 2024: -$30,1482024Revenue 2025: $568,641Expenses 2025: $686,941Net Income 2025: -$118,3002025

Highlighted filing

2025

Revenue$568,641
Expenses$686,941
Net Income-$118,300

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.20$0.37$4.82$0.57$0.69$0.12
2024Detailed filing. Detailed filing data is available for this year.$4.96$0.38$4.59$0.63$0.66$0.03
2023Detailed filing. Detailed filing data is available for this year.$4.49$0.27$4.22$0.62$0.58$0.04
2022Detailed filing. Detailed filing data is available for this year.$4.24$0.37$3.87$3.82$0.47$3.35
2021Detailed filing. Detailed filing data is available for this year.$0.67$0.15$0.52$0.43$0.31$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.45$0.35$0.27$0.38$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.50$0.04$0.47$0.43$0.43$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.11$0.47$0.67$0.79$0.11
2017Detailed filing. Detailed filing data is available for this year.$0.74$0.16$0.58$0.74$0.83$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.83$0.17$0.66$0.94$0.94$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.96$0.28$0.68$1.19$0.91$0.28
2014Detailed filing. Detailed filing data is available for this year.$0.76$0.36$0.40$0.83$0.81$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.36$0.37$1.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.04$0.38$0.67$1.07
2011Summary only. Only limited summary data is available for this year.$1.10$0.34$0.76$0.98$0.94$0.05
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 20, 2025
Return Version
2024v5.0
Gross Receipts
$568,641
Mission and Program Overview

Mission

The painted bride art center collaborates with emerging and established artists to create, produce and present innovative work that affirms the intrinsic value of all cultures and the transformative power of the arts. Through performances and exhibitions, education and outreach, the bride creates a forum for engagement centered on contemporary social issues.

To push the boundaries of art.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$4,239,304$4,613,037▲ $373,733
Savings and Temporary Cash Investments$348,456$362,228▲ $13,772
Accounts Receivable$263,602$95,000▼ $168,602
Cash and Non-Interest-Bearing Accounts$103,726$92,495▼ $11,231
Land, Buildings, and Equipment, Net$5,206$14,710▲ $9,504
Prepaid Expenses and Deferred Charges$637$13,947▲ $13,310
Total Assets$4,961,931$5,195,917▲ $233,986
Other Assets Total$1,000$4,500▲ $3,500
Liabilities
Other Liabilities$308,136$339,827▲ $31,691
Accounts Payable and Accrued Expenses$68,699$32,905▼ $35,794
Total Liabilities$376,835$372,732▼ $4,103
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,207,327$4,553,280▲ $345,953
Net Assets With Donor Restrictions$377,769$269,905▼ $107,864
Total Net Assets Fund Balance$4,585,096$4,823,185▲ $238,089
Total Liabilities and Net Assets / Fund Balance$4,961,931$5,195,917▲ $233,986

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$13,074$451$13,525
Other Land Buildings-$1,835$1,835
Equipment$1,636-$1,636

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$896,547-▲ $506,996$140,762$1,262,781
2023$461,435-▲ $477,934$42,822$896,547
2022$176,554-▲ $284,881-$461,435
2021$171,779-▲ $4,775-$176,554
2020$127,252-▲ $44,527-$171,779
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laurel RaczkaExecutive DiFT$94,815$10,185$105,000

Board Members and Trustees

NameTitle
John BarberChair
Brian Mattew Rhodes EsqBoard Member
E Mitchell SwannBoard Member
Harriet RubensteinBoard Member
Kareen PrebleBoard Member
Lisa Nelson-haynesBoard Member
Samantha Hill Msi MfaBoard Member
Tomeka E Lee MbaBoard Member
Zoey ToyBoard Member
Jennifer PouchotSecretary
Michael BeckTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$350,127
Program Service Revenue
$67,906
Investment Income
$150,608
Other Revenue
$0
All Other Contributions
$350,127
Change in Net Assets
$-118,300

Audited Revenue Reconciliation

Revenue per Audited Statements
$568,641
Revenue Not Reported on Form 990
$356,387
Total Revenue per Audited Statements
$925,028
Total Revenue per Form 990
$568,641
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$392,753
Other Expenses$294,188
Total Fundraising Expense$40,918
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$179,094$21,554$21,554$222,202
Current Officers, Directors, Trustees, and Key Employees$84,630$10,185$10,185$105,000
Fees for Services Other$16,370$31,300$481$48,151
Fees for Services Accounting$13,293$25,411$391$39,095
Pension Plan Contributions$31,201$3,900$3,900$39,001
Payroll Taxes$21,240$2,655$2,655$26,550
Office Expenses$7,648$15,088-$22,736
Occupancy-$18,615-$18,615
Insurance-$15,017-$15,017
Other Expenses$20,881$4,341-$4,341
All Other Expenses$233$3,861-$4,094
Fees for Services Legal$1,107$2,114$33$3,254
Advertising$48$621$1,719$2,388
Travel$273--$273
Interest-$39-$39
Total Functional Expenses$461,961$184,062$40,918$686,941

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$686,941
Total Expenses per Audited Statements$686,941
Total Expenses per Form 990$686,941
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Conduit Payable$339,827
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The form 990 is prepared by an independent accounting firm and then distributed to the full board for review. The finance committee will review prior to distribution and be available for comments and questions.

Form 990, Page 6, Part VI, Line 12C

Any director, principal officer or member of a committee with board delegated powers or employee who has power with respect to selecting vendors or performers/artists who has a direct or indirect financial interest is covered by the conflict of interest policy. In connection with any actual or possible conflicts of interest, an interested person must disclose the existance of his/her financials interest and must be given the opportunity to disclore all material facts to the directors and members of committees with board delegated powers considering the proposed transaction or arrangement. The remaining board or committee members shall decide if a conflict of interest exists. The minutes of the board and all committees with board delegated powers shall contain - 1. The names of the personal who disclosed or otherwise were found to have a financial interest in connection wiht an actual or possible conflict of interest, the nature of the financial interest, any action taken to determine whether a conflict of interest was present, and the board's or committee's decision as to whether a conflict of interest in fact existed. 2. The names of the personal who were present for discussions and votes relating to the transaction or arrangement, the content of the discussion, including any alternatives to the proposed transaction or arrangement, and a record of any votes taken in connection therewithin. Each director, principal office and member of a committee with board delegated powers shall annual sign a statement which affirms that such person - has received a copy of the conflicts of interest policy ; has read and understandard the policy; has agreed to comply with the policy and ; understands that the bride is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes.

Form 990, Page 6, Part VI, Line 15A

The full board is involved in preparing the annual evaluation of the executicve director which is then conduced by the chair of the board. Form 990s of comparable organizations are reviewed and used to influence compensation decisions. Following the evaluation the full board discusses and documents any salary changes.

Form 990, Page 6, Part VI, Line 15B

The governing documents, conflicts of interest policy and financial statements are available to the public upon request.

Form 990, Page 6, Part VI, Line 19

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Painted Bride Art Center Inc
EIN
23-1946391
Phone
2159259914
Address
4029 CAMBRIDGE STREET, PHILADELPHIA, PA 19104

Signing Officer

Name
Laurel Raczka
Title
Executive Director
Phone
2159259914
Signed
2025-10-20

Organization Details

Principal Officer
Laurel Raczka
Formed
1972
Legal Domicile
Pa
Voting Board Members
11
Independent Board Members
10
Employees
12
Volunteers
25

Preparer

Firm
Baratz & Associates Pa
Address
4B EVES DR STE 100, MARLTON, NJ 08053
Preparer
John Fekete CPA
Phone
8569855688
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Painted bride art center, inc. (the bride) brings artists, who push the boundaries of how we experience art, together with audiences and communities, in order to foster critical insight, and encourage playful exhance, open minds, and dialogue

Financial Statement Notes

Schedule D, Page 3, Part X

Painted bride art center is a nonprofit corporation that is exempt from income tax under section 501(c)(3) of the internal revenue code. Accordingly, no provision for income taxes has been made in the accompanying financial statements. In addition, the organization has been determined by the internal revenue service not to be a "private foundation" within the meaning of section 509(a) of the internal revenue code. The organization accounts for uncertainties in income taxes in accordance with authoritative guidance, which prescribes a recognition threshold of more-likely-than-not to be sustained upon examination by the appropriate taxing authority. Measurement of the tax uncertainty occurs if the recognition threshold has been met. Management determined that there were no tax uncertainties that met the threshold for years ended june 30, 2025 and 2024. Currently, the 2022, 2023, and 2024 tax years are open and subject to examination by the internal revenue service and the commonwealth of pennsylvania. However, the organization is not currently under audit nor has the organization been contacted by these jurisdictions. There were no interest and penalties related to income taxes.

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