PORCHFEST DC

EIN: 825257206 501(c)(3) Arts, Culture & Humanities

WASHINGTON, DC

Total Revenue
$394,155
Total Expenses
$348,125
Total Assets
$78,250
Net Assets
$78,250
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2018
Legal Domicile
DC
Principal Officer
NIA A MOBLEY
Phone
2024951874
Tax Period
2023-01-01 to 2023-12-31

PORCHFEST DC, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $394K in total revenue in fiscal year 2023. Revenue surged 351% from the prior year, signaling strong growth momentum. Expenses of $348K left a modest 12% surplus.

Mission

The organization mission is to provide a platform for local artists to showcase their talent within the community and for local small business owners to showcase their products and services. Additional services include event planning, project management, and curation.

Program Service Accomplishments

Program 1
Expenses: $48,300

Porchfest DC s internal programming includes an annual porch music festival that transforms porches into stages for live performances, celebrating local talent and fostering community connections. In...

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Porchfest DC s internal programming includes an annual porch music festival that transforms porches into stages for live performances, celebrating local talent and fostering community connections. In 2023, the festival and its supporting events featured a diverse lineup of performers, bringing together attendees from various neighborhoods to enjoy music, art, and culture. Accomplishments: The event engaged 100 performers and attracted 1,500 attendees, strengthening community bonds and promoting local artists.

Program 2
Expenses: $200,000

Event curation services provided customized planning, talent sourcing, and project management for community-focused events. These services helped clients execute meaningful experiences that were...

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Event curation services provided customized planning, talent sourcing, and project management for community-focused events. These services helped clients execute meaningful experiences that were aligned with their mission and ours. Accomplishments: In 2023, the team curated and managed 25 events, facilitating successful collaborations and producing high-impact community outcomes.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $125,900
Program Service Revenue $268,255
Investment Income $0
Other Revenue $0
TOTAL REVENUE $394,155

Expense Breakdown

Grants Paid $0
Salaries & Benefits $79,613
Fundraising Expenses $0
Program Expenses $248,300
Other Expenses $268,512
TOTAL EXPENSES $348,125

Year-over-Year Comparison

2023 2022 Change
Revenue $394,155 $87,347 +3.5%
Expenses $348,125 $55,127 +5.3%
Net Income $46,030 $32,220 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
2
Volunteers
75

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
2
$64,018
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SIMONA JAMES WRIGHT CO-EXECUTIVE DIRECTOR 25
Director
$32,092 $0 $32,092
NIA MOBLEY CO-EXECUTIVE DIRECTOR 25
Director
$31,926 $0 $31,926
AYANNA SMITH BOARD CHAIR 3
Officer
$0 $0 $0
RAYMOND WEEDEN RECORDING SECRETARY 3
Officer
$0 $0 $0
DARRELL PERRY TREASURER 3
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $394,155 $348,125 $78,250 $46,030
2018 $1,700 $1,700 No data No data
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