Liabilities / Assets
33rd percentile
Higher debt load relative to assets than 33% of similar nonprofits.
Fringearts
EIN 23-2936188 • 501(c)3 • Philadelphia, PA
Profile
The organization's primary exempt purpose is to implement charitable and educational activities through presentation of performing arts.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.04x
Liabilities / Revenue
47th percentile
Higher debt load relative to revenue than 47% of similar nonprofits.
Net Margin
11th percentile
Higher net margin than 11% of similar nonprofits.
Top Officer Pay
23rd percentile
Higher top officer pay than 23% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
14th percentile
Faster asset growth than 14% of similar nonprofits.
Revenue Growth
25th percentile
Faster revenue growth than 25% of similar nonprofits.
Balance Sheet
Assets
Down$7,707,133
Down $711,374 (-8.5%) from 2023
Liabilities
Down$311,238
Down $117,194 (-27%) from 2023
Net Assets
Down$7,395,895
Down $594,180 (-7.4%) from 2023
Revenue
Down$2,292,365
Down $175,193 (-7.1%) from 2023
Expenses
Up$2,868,158
Up $243,662 (+9.3%) from 2023
Net Income
Down-$575,793
Down $418,855 (-267%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $7,707,133
- Liabilities
- $311,238
- Net assets
- $7,395,895
- Revenue
- $2,292,365
- Expenses
- $2,868,158
- Net income
- -$575,793
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Oct 21, 2025
- Return Version
- 2024v5.0
- Gross Receipts
- $2,292,365
Mission and Program Overview
Mission
The organization's primary exempt purpose is to implement charitable and educational activities through presentation of performing arts.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $6,355,527 | $6,137,611 | ▼ $217,916 |
| Pledges and Grants Receivable | $652,200 | $572,027 | ▼ $80,173 |
| Investments in Publicly Traded Securities | $442,500 | $442,500 | → $0 |
| Accounts Receivable | $177,599 | $211,505 | ▲ $33,906 |
| Cash and Non-Interest-Bearing Accounts | $246,839 | $109,949 | ▼ $136,890 |
| Savings and Temporary Cash Investments | $393,354 | $93,413 | ▼ $299,941 |
| Prepaid Expenses and Deferred Charges | $13,988 | $11,628 | ▼ $2,360 |
| Total Assets | $8,418,507 | $7,707,133 | ▼ $711,374 |
| Other Assets Total | $136,500 | $128,500 | ▼ $8,000 |
| Liabilities | |||
| Other Liabilities | $237,220 | $137,813 | ▼ $99,407 |
| Accounts Payable and Accrued Expenses | $157,162 | $130,525 | ▼ $26,637 |
| Deferred Revenue | $34,050 | $42,900 | ▲ $8,850 |
| Total Liabilities | $428,432 | $311,238 | ▼ $117,194 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $7,025,515 | $6,880,395 | ▼ $145,120 |
| Net Assets With Donor Restrictions | $964,560 | $515,500 | ▼ $449,060 |
| Total Net Assets Fund Balance | $7,990,075 | $7,395,895 | ▼ $594,180 |
| Total Liabilities and Net Assets / Fund Balance | $8,418,507 | $7,707,133 | ▼ $711,374 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $6,087,029 | $2,106,551 | $8,193,580 |
| Equipment | $50,582 | $517,464 | $568,046 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Mark Dichter | Chair |
| Anthony Forte | Director |
| Crystel Brewe | Director |
| Daryl Ridgeway | Director |
| David Lipson | Director |
| Donald Bains | Director |
| Eve Hyppolite | Director |
| Jake Reardon | Director |
| Karol Wasylyshyn | Director |
| Nell Bank-jensen | Direc |