Mission
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.
Public Charity
AVENUE OF THE ARTS INC
AVENUE OF THE ARTS INC is a nonprofit organization categorized as Public Charity based in PHILADELPHIA, PA. Its most recent IRS filing (2024) reports revenue of $1.2M, expenses of $1.4M, total assets of $912K. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $20K.
EIN: 232711699
PHILADELPHIA, PA
Arts & Humanities Councils & Agencies
NTEE: A26
Latest filing: 2024
Total Revenue$1.2M
Total Expenses$1.4M
Total Assets$912K
Grant Records2
Funding Total$20K
Filing Years2020–2024
Where $100 goes at Avenue of the Arts Inc
How Avenue of the Arts Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$80
Programs
the work itself
$10
Management
running the organization
$10
Fundraising
raising the next dollar
Inside the $80 for programs
$50
Advocacy and planning
$19
Streetscape enhancement & maintenance
$11
Marketing and special events
Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
GENERAL SUPPORT
$10,000
GENERAL SUPPORT
$10,000
Showing up to 5 of 2 total records — full history available with membership.
Officers & Directors
DIRECTOR
Bill Tierney
DIRECTOR
Brook J Lenfest
DIRECTOR
Carl Dranoff
DIRECTOR
David Blum
CHAIRMAN
Diane Semingson
DIRECTOR
Doris Parent
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.2M | $1.4M | $912K |
| 2023 | $907K | $834K | $1.7M |
| 2022 | $722K | $663K | $1.0M |
| 2021 | $469K | $414K | $964K |
| 2020 | $252K | $318K | $180K |
Between 2020 and 2024, reported annual revenue grew from $252K to $1.2M (+388%), with total assets most recently reported at $912K.
Interactive year-over-year charts and full filing details available with membership.