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The Fabric Workshop and Museum

Philadelphia, PA   |  http://www.fabricworkshopandmuseum.org/

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The Fabric Workshop and Museum

EIN: 23-2018929


Mission

The Fabric Workshop and Museum (FWM) is an internationally acclaimed contemporary art museum devoted to creating and presenting innovative works of art. Our mission, "Collaborating with artists, revealing new possibilities," makes FWM a place where artists can pursue their wildest creative imaginings unfettered by expectations. Among the 400+ contemporary artists who have collaborated with us are some of the world's most recognized. As a result, FWM's collection of 5,000+ objects represents a veritable chronicle of contemporary artmaking. FWM's artists-in-residence (AIR) and resultant exhibition programs began concurrently with the organization's goal to train Philadelphia's youth in the industrial art of screenprinting, opening their minds and futures to art-based careers.

Ruling year info

1977

Interim Executive Director

Harry Philbrick

Main address

1214 Arch Street

Philadelphia, PA 19107 USA

Show more contact info

EIN

23-2018929

Subject area info

Visual arts

Art museums

Population served info

Adolescents

Young adults

Students

Artists and performers

NTEE code info

Visual Arts Organizations (A40)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Programs and results

What we aim to solve

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Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Artist-in-Residence (AIR)

The Fabric Workshop and Museum (FWM) invites contemporary artists to create new work using experimental materials and techniques. This internationally acclaimed Artist-in-Residence Program hosts emerging and established regional, national, and international contemporary artists who have a demonstrated commitment to innovation and exploration. To that end, FWM supports artistic experimentation by providing honorariums and materials to artists, and employing its facilities and staff to address their creative needs.

Artists-in-residence are drawn from all disciplines, including painting, sculpture, architecture and design, conceptual and installation art, performance, and video. Working collaboratively with FWM's staff of printers and technicians, artists are introduced to new techniques, materials, and resources, and are thus able to realize projects that would not otherwise be possible. Through this collaborative creative process, artists stretch the boundaries not only of their own work, and of the creative possibility of the various media, but also of the larger development of contemporary art.

Population(s) Served
Artists and performers

The Fabric Workshop and Museum (FWM) invites students and post-graduates from the U.S. and abroad to apply to the College and Post-Graduate Apprentice Training Program (ATP). The ATP is a holistic experience enabling artists to develop skills in silkscreen printing and working with fabric to enhance their studio practice. Apprentices have the opportunity to learn many skills, including how to create a design by hand on mylar, mix colors with fabric pigment, use screen printing techniques, register multiple screens, and print their own one-color and three-color repeat yardages with the support of FWM master printers. Additionally, apprentices assist with projects in the artist studio, print production, visitor services, education, and archives. Apprentices present a short lecture on their own work, visit area cultural organizations, and work with visiting artists-in-residence.

Population(s) Served
Students
Young adults

The High School Apprentice Training Program (HSATP) is an after-school art program for students interested in developing new tools for artistic expression and self-empowerment in a professional museum and studio environment. During fall and spring twelve-week sessions, apprentices have the unique opportunity to design their own hand-screen-printed textiles with an emphasis on building entrepreneurial and collaborative skills. The summer eight-week session offers an opportunity for apprentices to gain a deeper understanding of museum operations, including receiving training in public speaking, giving tours, and visiting local art institutions.

HSATP offers exceptional art education for teenagers from diverse economic and cultural backgrounds, with the specific goal of providing participants with opportunities unavailable in their schools. FWM's objective is to complement school resources and improve art education for high school students in the Philadelphia region.

Population(s) Served
Adolescents

Where we work

Financials

The Fabric Workshop and Museum
Fiscal year: Oct 01 - Sep 30
Financial documents
2022 The Fabric Workshop and Museum
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

14.64

Average of 13.05 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

6.8

Average of 4.8 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

19%

Average of 20% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

The Fabric Workshop and Museum

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

The Fabric Workshop and Museum

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

The Fabric Workshop and Museum

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

This snapshot of The Fabric Workshop and Museum’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation -$114,878 $239,636 -$104,867 $575,748 $259,793
As % of expenses -4.1% 8.0% -4.0% 20.7% 8.5%
Unrestricted surplus (deficit) after depreciation -$135,788 $239,636 -$114,682 $567,510 $237,324
As % of expenses -4.9% 8.0% -4.3% 20.3% 7.7%
Revenue composition info
Total revenue (unrestricted & restricted) $2,737,550 $3,068,167 $2,703,580 $3,548,170 $3,221,727
Total revenue, % change over prior year -2.5% 12.1% -11.9% 31.2% -9.2%
Program services revenue 1.6% 4.3% 1.9% 1.3% 8.1%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.8% 0.8% 1.2% 0.7% 1.0%
Government grants 0.0% 4.4% 13.5% 23.7% 17.4%
All other grants and contributions 94.3% 75.8% 81.4% 70.4% 73.6%
Other revenue 3.3% 14.6% 2.0% 3.9% -0.1%
Expense composition info
Total expenses before depreciation $2,768,838 $2,982,160 $2,651,022 $2,783,190 $3,072,287
Total expenses, % change over prior year 2.0% 7.7% -11.1% 5.0% 10.4%
Personnel 61.4% 58.5% 65.4% 62.6% 54.7%
Professional fees 9.6% 14.3% 7.6% 5.1% 13.8%
Occupancy 2.9% 4.8% 4.5% 6.9% 7.2%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 26.2% 22.5% 22.5% 25.4% 24.2%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $2,789,748 $2,982,160 $2,660,837 $2,791,428 $3,094,756
One month of savings $230,737 $248,513 $220,919 $231,933 $256,024
Debt principal payment $0 $0 $0 $0 $317,160
Fixed asset additions $0 $24,485 $0 $58,746 $23,276
Total full costs (estimated) $3,020,485 $3,255,158 $2,881,756 $3,082,107 $3,691,216

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 3.6 3.9 5.6 7.5 6.8
Months of cash and investments 8.6 8.7 11.3 14.0 11.6
Months of estimated liquid unrestricted net assets 8.5 8.8 9.4 11.2 11.1
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $822,960 $979,255 $1,239,590 $1,744,751 $1,751,307
Investments $1,154,266 $1,190,547 $1,260,699 $1,511,507 $1,221,760
Receivables $1,245,367 $1,157,576 $1,122,000 $1,372,120 $1,225,354
Gross land, buildings, equipment (LBE) $624,170 $664,045 $664,045 $722,791 $746,067
Accumulated depreciation (as a % of LBE) 93.4% 90.1% 91.6% 85.3% 85.7%
Liabilities (as a % of assets) 6.8% 6.6% 11.0% 9.1% 4.5%
Unrestricted net assets $2,012,554 $2,252,190 $2,137,508 $2,705,018 $2,942,342
Temporarily restricted net assets $331,560 $177,931 N/A N/A N/A
Permanently restricted net assets $999,423 $1,012,570 N/A N/A N/A
Total restricted net assets $1,330,983 $1,190,501 $1,390,302 $1,804,061 $1,373,687
Total net assets $3,343,537 $3,442,691 $3,527,810 $4,509,079 $4,316,029

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Interim Executive Director

Harry Philbrick

Harry Philbrick founded Philadelphia Contemporary in 2016 and led the organization until February 2023. Philadelphia Contemporary presents cross-disciplinary art that reflects the diversity and vitality of Philadelphia; it is based on a dynamic and sustainable model of collaboration and partnership. From 2011-2016 he was Director of the Museum at the Pennsylvania Academy of the Fine Arts, known internationally for its collections of 19th- and 20th-century American art. From 1996-2010, Philbrick was Director of The Aldrich Contemporary Art Museum, a non-collecting kunsthalle in Connecticut. He received his MFA from Goldsmiths, University of London.

Number of employees

Source: IRS Form 990

The Fabric Workshop and Museum

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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There are no highest paid employees recorded for this organization.

The Fabric Workshop and Museum

Board of directors
as of 02/09/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Maja Paumgarten Parker

Jill Bonovitz

Lynn Hitschler

Laurie McGahey

Margaret A. McGreal

John Ravenal

Jeremy Tenenbaum

Regina Morgan

Harry Feldman

Toyin Ajayi-Frankel

Shannon Maldonado

Nicholas Schonberger

Gerri Spilka

Rachel Wonder

Organizational demographics

SOURCE: Self-reported; last updated 2/8/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Male, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

No data

Gender identity

No data

Transgender Identity

No data

Sexual orientation

No data

Disability

No data

Contractors

Fiscal year ending
There are no fundraisers recorded for this organization.