Form 990 for tax year 2022
Filed by CULTURAL DEVELOPMENT CORPORATION OF THE DISTRICT OF COLUMBIA.
Totals
- Total revenue
- $951,415
- Total expenses
- $1,216,073
- Contributions and grants received
- $742,841
- Grants paid
- $0
- Program service revenue
- $202,459
- Investment income
- $6,115
- Other revenue
- $0
- Total assets, end of year
- $2,907,834
- Total liabilities, end of year
- $2,471,271
- Net assets or fund balances, end of year
- $436,563
- Program services expenses (Part IX)
- $883,991
- Management and general expenses
- $76,001
- Fundraising expenses
- $256,081
- Program service expenses (Part III)
- $883,991
Program services were 72.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$486,096
-
1f · All other contributions, gifts and grants
$256,745
-
2a · Program service revenue: Source
total $143,429 · related or exempt $143,429
-
2b · Program service revenue: Consulting
total $29,796 · related or exempt $29,796
-
2c · Program service revenue: Mobile Arts
total $29,234 · related or exempt $29,234
-
3 · Investment income
total $6,115 · related or exempt $6,115
-
6c · Rental income or loss
real property $0 · personal property $0
-
6d · Net rental income or loss
total $0
-
7c · Gain or loss
securities $0 · other assets $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $318,766 · program services $195,722 · management and general $29,263 · fundraising $93,781
-
9 · Other employee benefits
total $58,306 · program services $35,800 · management and general $5,352 · fundraising $17,154
-
10 · Payroll taxes
total $24,253 · program services $14,891 · management and general $2,227 · fundraising $7,135
-
11c · Fees: accounting
total $48,988 · program services $30,079 · management and general $4,497 · fundraising $14,412
-
11g · Fees: other
total $336,550 · program services $280,563 · fundraising $55,987
-
12 · Advertising and promotion
total $222 · program services $119 · fundraising $103
-
13 · Office expenses
total $22,747 · program services $22,747
-
14 · Information technology
total $26,834 · program services $16,337 · management and general $2,407 · fundraising $8,090
-
17 · Travel
total $14,678 · program services $14,678
-
19 · Conferences, conventions and meetings
total $2,306 · program services $1,713 · management and general $576 · fundraising $17
-
20 · Interest
total $94,263 · program services $76,187 · management and general $18,076
-
22 · Depreciation, depletion and amortization
total $88,149 · program services $54,123 · management and general $8,092 · fundraising $25,934
-
23 · Insurance
total $25,013 · program services $18,135 · management and general $1,636 · fundraising $5,242
-
24a · Other expenses: Telephone and Fax
total $7,307 · program services $7,072 · management and general $235
-
24b · Other expenses: Web Hosting
total $1,831 · program services $1,622 · fundraising $209
-
24c · Other expenses: Printing and Reproduction
total $5,545 · program services $5,349 · fundraising $196
-
24d · Other expenses: Postage and Delivery
total $1,427 · program services $873 · management and general $147 · fundraising $407
-
24e · All other expenses
total $138,888 · program services $107,981 · management and general $3,493 · fundraising $27,414
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $178,763 · end of year $841,331
-
3 · Pledges and grants receivable
beginning of year $1,250
-
4 · Accounts receivable
beginning of year $132,868 · end of year $156,212
-
10a · Land, buildings and equipment: cost or other basis
$3,495,693
-
10b · Land, buildings and equipment: accumulated depreciation
$1,627,158
-
10c · Land, buildings and equipment, net
beginning of year $1,831,156 · end of year $1,868,535
-
15 · Other assets
end of year $41,756
-
17 · Accounts payable and accrued expenses
beginning of year $74,066 · end of year $184,629
-
23 · Secured mortgages and notes payable
beginning of year $1,202,797 · end of year $2,125,000
-
24 · Unsecured notes and loans payable
beginning of year $149,900 · end of year $143,490
-
25 · Other liabilities
beginning of year $19,652 · end of year $18,152
-
27 · Net assets without donor restrictions
beginning of year $697,622 · end of year $436,563
Mission and programs · 2022
Mission
Cultural Development Corporation (CulturalDC) creates opportunities for artists and arts organizations that stimulate economic developmentand improve the quality of the DC area. CulturalDC's current programs include operating the Source Theater, presenting visual and performingarts programs through their Mobile Arts Programming and Mobile Art Gallery, and providing artspace design, development and managementsupport services.
Activities or mission (Part I)
Cultural Development Corporation (CuDC) creates opportunities for artists and arts organizations that stimulate economic development and improve the quality of the DC area.
-
Mobile Arts Program - CulturalDC converted a 40ft. shipping container into a Mobile Art Gallery that moves to a new location every 8-12 weeks, featuring a different artist and focusing on community engagement. CulturalDC also activates vacant retail spaces across the city. CulturalDC breaks down physical access barriers by delivering high-quality art directly to peoples doorsteps.
Expenses $585,956 · Revenue $29,234
-
Expenses $236,638 · Revenue $143,429
-
Expenses $61,397 · Revenue $29,796
As filed on the 2022 return.
Listed in Part VII
-
Jessica Nigro
President
- Total calculated
- $0
- Hours/week
- 2
-
Hiroshi Jacobs
Vice President
- Total calculated
- $0
- Hours/week
- 2
-
Samuel Lederer
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Kellyn Mahan
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Olwen Pongrace
Immediate Past President
- Total calculated
- $0
- Hours/week
- 2
-
Emily Ann Alexander
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Avery Ash
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Brin Frazier
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Todd Galaida
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Greg Ghent
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Michelle Green
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
J Brooks Martin
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Maurice Perry
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Nia Rubin
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Mehari Sequar
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Charlie Smiroldi
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Cotter Spratley
Director
- Total calculated
- $0
- Hours/week
- 0.25
-
Todd von Ammon
Director
- Total calculated
- $0
- Hours/week
- 0.25
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 31 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202402259349300540
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