Civic Intelligence

Philadelphia Folklore Project

990 • Fiscal year 2014 • EIN 23-2568080

Sep 01, 2013 to Aug 31, 2014 • Filed on Jan 28, 2015

735 South 50th Street19143

(215) 726-1106

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

34th percentile

0.03x

Higher debt load relative to assets than 34% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

39th percentile

0.06x

Higher debt load relative to revenue than 39% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

81st percentile

24%

Higher net margin than 81% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

53rd percentile

$68,946

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

74th percentile

12%

Faster asset growth than 74% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

81st percentile

28%

Faster revenue growth than 81% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2011 to 2014

Assets

Up

$1,058,184

Up $116,265 (+12%) from 2013

Net Assets

Up

$1,023,726

Up $126,591 (+14%) from 2013

Liabilities

Down

$34,458

Down $10,326 (-23%) from 2013

Revenue

$532,827

No earlier filing loaded for comparison.

Expenses

Up

$406,236

Up $13,253 (+3.4%) from 2013

Net Income

$126,591

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $945,848Liabilities 2011: $77,089Net Assets 2011: $868,7592011Assets 2012: $851,266Liabilities 2012: $64,936Net Assets 2012: $786,3302012Assets 2013: $941,919Liabilities 2013: $44,784Net Assets 2013: $897,1352013Assets 2014: $1,058,184Liabilities 2014: $34,458Net Assets 2014: $1,023,7262014Assets 2015: $829,088Liabilities 2015: $16,499Net Assets 2015: $812,5892015Assets 2016: $843,457Liabilities 2016: $9,584Net Assets 2016: $833,8732016Assets 2017: $1,144,237Liabilities 2017: $12,346Net Assets 2017: $1,131,8912017Assets 2018: $986,583Liabilities 2018: $14,082Net Assets 2018: $972,5012018Assets 2019: $699,659Liabilities 2019: $21,993Net Assets 2019: $677,6662019Assets 2020: $835,197Liabilities 2020: $15,051Net Assets 2020: $820,1462020Assets 2021: $759,838Liabilities 2021: $27,066Net Assets 2021: $732,7722021Assets 2022: $766,753Liabilities 2022: $48,614Net Assets 2022: $718,1392022Assets 2023: $611,982Liabilities 2023: $34,079Net Assets 2023: $577,9032023Assets 2024: $573,973Liabilities 2024: $2,713Net Assets 2024: $571,2602024

Highlighted filing

2014

Assets$1,058,184
Liabilities$34,458
Net Assets$1,023,726

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $251,180Expenses 2011: $319,162Net Income 2011: -$67,9822011Expenses 2012: $407,7482012Expenses 2013: $392,9832013Revenue 2014: $532,827Expenses 2014: $406,236Net Income 2014: $126,5912014Revenue 2015: $238,811Expenses 2015: $449,948Net Income 2015: -$211,1372015Revenue 2016: $447,841Expenses 2016: $426,557Net Income 2016: $21,2842016Revenue 2017: $635,241Expenses 2017: $337,223Net Income 2017: $298,0182017Revenue 2018: $277,602Expenses 2018: $436,992Net Income 2018: -$159,3902018Revenue 2019: $200,948Expenses 2019: $496,908Net Income 2019: -$295,9602019Revenue 2020: $375,853Expenses 2020: $232,146Net Income 2020: $143,7072020Revenue 2021: $186,381Expenses 2021: $273,755Net Income 2021: -$87,3742021Revenue 2022: $305,462Expenses 2022: $320,095Net Income 2022: -$14,6332022Revenue 2023: $180,471Expenses 2023: $320,707Net Income 2023: -$140,2362023Revenue 2024: $193,855Expenses 2024: $203,066Net Income 2024: -$9,2112024

Highlighted filing

2014

Revenue$532,827
Expenses$406,236
Net Income$126,591
Jump To
Filing Snapshot
Filing Period
Sep 1, 2013 to Aug 31, 2014
Signed
Jan 28, 2015
Return Version
2013v4.0
Gross Receipts
$532,827
Mission and Program Overview

Mission

To build critical folk cultural

To build critical folk cultural knowledge, sustain vital and diverse living cultural heritage in communities in the region, and create equitable processes and practices for nurturing local grassroots areas and humanities

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$340,427$374,663▲ $34,236
Pledges and Grants Receivable$169,310$272,000▲ $102,690
Land, Buildings, and Equipment, Net$262,155$258,023▼ $4,132
Cash and Non-Interest-Bearing Accounts$167,862$142,198▼ $25,664
Prepaid Expenses and Deferred Charges$890$7,394▲ $6,504
Accounts Receivable$1,275$3,906▲ $2,631
Total Assets$941,919$1,058,184▲ $116,265
Liabilities
Mortgage Notes Payable Secured by Investment Property$31,255$16,688▼ $14,567
Accounts Payable and Accrued Expenses$9,514$11,845▲ $2,331
Deferred Revenue$2,100$4,033▲ $1,933
Other Liabilities$1,915$1,892▼ $23
Total Liabilities$44,784$34,458▼ $10,326
Net Assets / Fund Balance
Unrestricted Net Assets$647,939$657,919▲ $9,980
Temporarily Rstr Net Assets$249,196$365,807▲ $116,611
Total Net Assets Fund Balance$897,135$1,023,726▲ $126,591
Total Liabilities and Net Assets / Fund Balance$941,919$1,058,184▲ $116,265

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$236,005$78,940$314,945
Equipment$8,018$47,562$55,580
Land$14,000-$14,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Debora KodishPast DirectorFT$68,946$68,946
Selina MoralesCurrent DirectorFT$44,000$44,000
Carole BoughterCo-chair-$5,000$5,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$412,586
Program Service Revenue
$93,467
Investment Income
$2,162
Other Revenue
$24,612
All Other Contributions
$326,347
Change in Net Assets
$126,591

Audited Revenue Reconciliation

Revenue per Audited Statements
$532,827
Total Revenue per Audited Statements
$532,827
Total Revenue per Form 990
$532,827
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$219,979
Other Expenses$186,257
Total Fundraising Expense$24,907
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$98,735$5,652$8,659$113,046
Other Salaries and Wages$67,848$3,343$6,667$77,858
Office Expenses$20,813$336$571$21,720
Payroll Taxes$14,190$766$1,306$16,262
Fees for Services Accounting$0$14,363$0$14,363
Other Employee Benefits$11,407$488$918$12,813
Depreciation Depletion$10,666$576$981$12,223
All Other Expenses$6,832$2,161$1,556$10,549
Other Expenses$3,365$182$309$3,856
Insurance$2,715$146$249$3,110
Travel$2,718$0$0$2,718
Occupancy$2,700$0$0$2,700
Advertising$0$0$1,559$1,559
Interest$1,157$62$107$1,326
Total Functional Expenses$353,254$28,075$24,907$406,236

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$406,236
Total Expenses per Audited Statements$406,236
Total Expenses per Form 990$406,236
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$24,612
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
FactsDirector of Organization Is on BoardContract ServicesNo$76,093
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll and Payroll Taxes$1,892
Governance and Compliance

Governance Checklist

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

Filer

EIN
23-2568080
Phone
2157261106

Signing Officer

Name
Selina Morales
Title
Director
Phone
2157261106
Signed
2015-01-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Selena Morales
Formed
1989
Legal Domicile
Pa
Voting Board Members
10
Independent Board Members
10
Employees
4
Volunteers
24

Preparer

Preparer
Daniel J Ruotolo CPA Ms
Phone
8562731282
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

The organization's board of directors meet regularly and

Pt VI, Line 8B

Take the minutes of all meetings. There are finance,

Pt VI, Line 8B

Executive,personnel and board development committees.

Pt VI, Line 11B

The organization's board of directors and director review

Pt VI, Line 11B

The 990 together to verify the amounts reported agree

Pt VI, Line 11B

With the organization's audited financial statements for the year

Pt VI, Line 11B

And all questions are answered accurately.

Pt VI, Line 12C

The board completes an annual questionnaire

Pt VI, Line 19

The organization's governing documents and financial statements

Pt VI, Line 19

Are available to the public in the organization's office upon

Pt VI, Line 19

REQUEST

Form 990EZ, Part I, Line 16

Advertising artists consultants dues and subscriptions exhibition and program production interest expenses media services and supplies office expenses program expenses telephone travel equipment repairs and maintenance

Form 990EZ, Part II, Line 24

Grants receivable accounts receivable prepaid expenses equipment, net

Form 990, Part IX, Line 24F

Program expenses 3800. 2624. 0. 1176. Telephone 3226. 2815. 152. 259. Dues and subscriptions 1938. 0. 1938. 0. Equipment purchase & maintenance 1509. 1317. 71. 121. Exhibition & program production 76. 76. 0. 0.

Financial Statement Notes

Pt III Line 4

The folklife archive of the philadelphia folklore project preserves primary ethnographic documentation of the folk culture, histories and experiences of diverse philadelphians. The archive of 68k+ items includes more than 1200 archive accessions and 480 open files containing about 1200 audio and videotapes of oral histories and folklife interviews, 50k photographs and slides, 15 shelf feet of field research notes and other manscript materials, 26 shelf feet of artifacts and about 21 file drawers

Pt III Line 4

Significant aspects of philadelphians' lives, experiences, histories and expressions. The archive is accessible by appointment, and through a computerized finding aid, with various subject indices as well as accession descriptions. Materials from the archive (primarily photographs, media materials, and artifacts) are included in pfp public exhibitions and used in documentary media used to widen public knowledge of local folk arts.

Pt X Line 2

Pfp is a tax-exempt organization under section 501(c)(3) of the internal revenue code. However, if pfp had income from certain activities not directly related to pfp's tax- exempt purpose it would be subject to taxation as unrelated business income. In addition, pfp qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization other than a private foundation under section 509(a)(2). The organization has reviewed tax positions taken in f

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IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt031255
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt016688
IRS990/NetAssetsOrFundBalancesBOYAmt0897135
IRS990/NetAssetsOrFundBalancesEOYAmt01023726
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt024612
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt024612
IRS990/NondeductibleContributionsInd0false
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IRS990/OccupancyGrp/ManagementAndGeneralAmt00
IRS990/OccupancyGrp/ProgramServicesAmt02700
IRS990/OccupancyGrp/TotalAmt02700
IRS990/OfficeExpensesGrp/FundraisingAmt0571
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0336
IRS990/OfficeExpensesGrp/ProgramServicesAmt020813
IRS990/OfficeExpensesGrp/TotalAmt021720
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0918
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0488
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt011407
IRS990/OtherEmployeeBenefitsGrp/TotalAmt012813
IRS990/OtherExpensesGrp/Desc0ARTISTS
IRS990/OtherExpensesGrp/Desc1CONSULTANTS
IRS990/OtherExpensesGrp/Desc2MEDIA SERVICES & SUPPLIES
IRS990/OtherExpensesGrp/Desc3UTILITIES
IRS990/OtherExpensesGrp/FundraisingAmt01875
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt2150
IRS990/OtherExpensesGrp/FundraisingAmt3309
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt20
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3182
IRS990/OtherExpensesGrp/ProgramServicesAmt067623
IRS990/OtherExpensesGrp/ProgramServicesAmt134648
IRS990/OtherExpensesGrp/ProgramServicesAmt27837
IRS990/OtherExpensesGrp/ProgramServicesAmt33365
IRS990/OtherExpensesGrp/TotalAmt069498
IRS990/OtherExpensesGrp/TotalAmt134648
IRS990/OtherExpensesGrp/TotalAmt27987
IRS990/OtherExpensesGrp/TotalAmt33856
IRS990/OtherLiabilitiesGrp/BOYAmt01915
IRS990/OtherLiabilitiesGrp/EOYAmt01892
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt06667
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt03343
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt067848
IRS990/OtherSalariesAndWagesGrp/TotalAmt077858
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01306
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0766
IRS990/PayrollTaxesGrp/ProgramServicesAmt014190
IRS990/PayrollTaxesGrp/TotalAmt016262
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0169310
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0272000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0890
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt07394
IRS990/PrincipalOfficerNm0SELENA MORALES
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt093467
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0406603
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt02190
IRS990/PYOtherExpensesAmt0165241
IRS990/PYOtherRevenueAmt011005
IRS990/PYProgramServiceRevenueAmt083990
IRS990/PYRevenuesLessExpensesAmt0110805
IRS990/PYSalariesCompEmpBnftPaidAmt0227742
IRS990/PYTotalExpensesAmt0392983
IRS990/PYTotalRevenueAmt0503788
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0126591
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt093467
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0340427
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0374663
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0412586
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0406603
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0212262
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0177646
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0519316
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01728413
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt02162
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt02190
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt03297
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt04386
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt05280
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt017315
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0475228
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.68420
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.74670
IRS990ScheduleA/PublicSupportTotal170Amt01194437
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0533976
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0412586
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0406603
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0212262
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0177646
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0519316
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01728413
IRS990ScheduleA/TotalSupportAmt01745728
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt0236005
IRS990ScheduleD/BuildingsGrp/DepreciationAmt078940
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0314945
IRS990ScheduleD/CollectionUsedPreservationInd0X
IRS990ScheduleD/CollectionUsedPubExhibitionInd0X
IRS990ScheduleD/CollUsedScholarlyRsrchInd0X
IRS990ScheduleD/EquipmentGrp/BookValueAmt08018
IRS990ScheduleD/EquipmentGrp/DepreciationAmt047562
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt055580
IRS990ScheduleD/ExpensesSubtotalAmt0406236
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt014000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt014000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01892
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED PAYROLL AND PAYROLL TAXES
IRS990ScheduleD/RevenueSubtotalAmt0532827
IRS990ScheduleD/SolicitedAssetsSaleInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOLKLIFE ARCHIVE OF THE PHILADELPHIA FOLKLORE PROJECT PRESERVES PRIMARY ETHNOGRAPHIC DOCUMENTATION OF THE FOLK CULTURE, HISTORIES AND EXPERIENCES OF DIVERSE PHILADELPHIANS. THE ARCHIVE OF 68K+ ITEMS INCLUDES MORE THAN 1200 ARCHIVE ACCESSIONS AND 480 OPEN FILES CONTAINING ABOUT 1200 AUDIO AND VIDEOTAPES OF ORAL HISTORIES AND FOLKLIFE INTERVIEWS, 50K PHOTOGRAPHS AND SLIDES, 15 SHELF FEET OF FIELD RESEARCH NOTES AND OTHER MANSCRIPT MATERIALS, 26 SHELF FEET OF ARTIFACTS AND ABOUT 21 FILE DRAWERS
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1SIGNIFICANT ASPECTS OF PHILADELPHIANS' LIVES, EXPERIENCES, HISTORIES AND EXPRESSIONS. THE ARCHIVE IS ACCESSIBLE BY APPOINTMENT, AND THROUGH A COMPUTERIZED FINDING AID, WITH VARIOUS SUBJECT INDICES AS WELL AS ACCESSION DESCRIPTIONS. MATERIALS FROM THE ARCHIVE (PRIMARILY PHOTOGRAPHS, MEDIA MATERIALS, AND ARTIFACTS) ARE INCLUDED IN PFP PUBLIC EXHIBITIONS AND USED IN DOCUMENTARY MEDIA USED TO WIDEN PUBLIC KNOWLEDGE OF LOCAL FOLK ARTS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2PFP IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. HOWEVER, IF PFP HAD INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO PFP'S TAX- EXEMPT PURPOSE IT WOULD BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. IN ADDITION, PFP QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION OTHER THAN A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). THE ORGANIZATION HAS REVIEWED TAX POSITIONS TAKEN IN F
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt III Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt III Line 4
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt X Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0258023
IRS990ScheduleD/TotalExpensesPerForm990Amt0406236
IRS990ScheduleD/TotalLiabilityAmt01892
IRS990ScheduleD/TotalRevenuePerForm990Amt0532827
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0532827
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0406236
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0FACTS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0DIRECTOR OF ORGANIZATION IS ON BOARD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt076093
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0CONTRACT SERVICES
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S BOARD OF DIRECTORS MEET REGULARLY AND
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TAKE THE MINUTES OF ALL MEETINGS. THERE ARE FINANCE,
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXECUTIVE,PERSONNEL AND BOARD DEVELOPMENT COMMITTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION'S BOARD OF DIRECTORS AND DIRECTOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE 990 TOGETHER TO VERIFY THE AMOUNTS REPORTED AGREE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5WITH THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS FOR THE YEAR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6AND ALL QUESTIONS ARE ANSWERED ACCURATELY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE BOARD COMPLETES AN ANNUAL QUESTIONNAIRE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9ARE AVAILABLE TO THE PUBLIC IN THE ORGANIZATION'S OFFICE UPON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ADVERTISING ARTISTS CONSULTANTS DUES AND SUBSCRIPTIONS EXHIBITION AND PROGRAM PRODUCTION INTEREST EXPENSES MEDIA SERVICES AND SUPPLIES OFFICE EXPENSES PROGRAM EXPENSES TELEPHONE TRAVEL EQUIPMENT REPAIRS AND MAINTENANCE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12GRANTS RECEIVABLE ACCOUNTS RECEIVABLE PREPAID EXPENSES EQUIPMENT, NET

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.57$0.00$0.57$0.19$0.20$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.61$0.03$0.58$0.18$0.32$0.14
2022Detailed filing. Detailed filing data is available for this year.$0.77$0.05$0.72$0.31$0.32$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.03$0.73$0.19$0.27$0.09
2020Detailed filing. Detailed filing data is available for this year.$0.84$0.02$0.82$0.38$0.23$0.14
2019Detailed filing. Detailed filing data is available for this year.$0.70$0.02$0.68$0.20$0.50$0.30
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.01$0.97$0.28$0.44$0.16
2017Detailed filing. Detailed filing data is available for this year.$1.14$0.01$1.13$0.64$0.34$0.30
2016Detailed filing. Detailed filing data is available for this year.$0.84$0.01$0.83$0.45$0.43$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.83$0.02$0.81$0.24$0.45$0.21
2014Detailed filing. Detailed filing data is available for this year.$1.06$0.03$1.02$0.53$0.41$0.13
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.94$0.04$0.90$0.39
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.85$0.06$0.79$0.41
2011Summary only. Only limited summary data is available for this year.$0.95$0.08$0.87$0.25$0.32$0.07