CraftNow Philadelphia

EIN: 854221229 501(c)(3) Arts, Culture & Humanities

Philadelphia, PA

Total Revenue
$345,464
Total Expenses
$368,055
Total Assets
$226,308
Net Assets
$220,766
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
PA
Principal Officer
DAVID SELTZER
Phone
2158736371
Tax Period
2024-01-01 to 2024-12-31

CraftNow Philadelphia, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $345K in total revenue in fiscal year 2024.

Mission

CraftNOW unites, celebrates, and supports the people, businesses, and institutions of the craft community of Philadelphia.

Program Service Accomplishments

Program 1
Expenses: $28,154 Revenue: $9,935

CRAFTECON - IS A SERIES OF PROGRAMS FOCUSED ON ECONOMIC OPPORTUNITY THROUGH CRAFT. CRAFTNOW IS UTILIZING RESOURCES, PARTNERSHIPS, AND NETWORKS TO IMPLEMENT PROGRAMS THAT FURTHER ADVANCE THE LOCAL...

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CRAFTECON - IS A SERIES OF PROGRAMS FOCUSED ON ECONOMIC OPPORTUNITY THROUGH CRAFT. CRAFTNOW IS UTILIZING RESOURCES, PARTNERSHIPS, AND NETWORKS TO IMPLEMENT PROGRAMS THAT FURTHER ADVANCE THE LOCAL CRAFT AND MAKER INDUSTRY IN PHILADELPHIA. THESE PROGRAMS WILL UNITE CREATIVE BUSINESSES, INCREASE THE ECONOMIC IMPACT OF THE ARTISANAL SECTOR, AND SUPPORT POLICIES THAT ENCOURAGE INVESTMENT IN THE FIELD. This portfolio includes Tools of the Trades - a hybrid conference focused on connecting artisans and makers to business resources in Philadelphia and beyond. This three-day event provides a concentrated period for creative learning to help craft-focused businesses accelerate growth and find success however they choose to define them.

Program 2
Expenses: $127,723

CRAFTMONTH - IS AN ANNUAL PORTFOLIO OF EVENTS AND MARKETING OPPORTUNITIES CURATED EACH NOVEMBER. THROUGH THIS PROGRAM, CRAFTNOW ACTIVATES THE CITY, THE DAYS AND WEEKS SURROUNDING THE PHILADELPHIA...

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CRAFTMONTH - IS AN ANNUAL PORTFOLIO OF EVENTS AND MARKETING OPPORTUNITIES CURATED EACH NOVEMBER. THROUGH THIS PROGRAM, CRAFTNOW ACTIVATES THE CITY, THE DAYS AND WEEKS SURROUNDING THE PHILADELPHIA MUSEUM OF ART CONTEMPORARY CRAFT SHOW WITH THE CITY OF PHILADELPHIA'S ART IN CITY HALL AND OFFICE OF ARTS, CULTURE AND THE CREATIVE ECONOMY HAVING ISSUED A PROCLAMATION NAMING NOVEMBER CRAFTMONTH. EACH YEAR, CRAFTNOW HOSTS A SYMPOSIUM TO PROVIDE A PLATFORM FOR CRITICAL DISCOURSE IN CONTEMPORARY CRAFT.

Program 3
Expenses: $89,282

CRAFTNOW CREATE - SUMMER CAMP EDITION IS ORGANIZED IN PARTNERSHIP WITH PHILADELPHIA'S DEPARTMENT OF PARKS AND RECREATION. THROUGH THIS COLLABORATIVE, CRAFTNOW BRINGS THE WONDER AND IMAGINATION OF THE...

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CRAFTNOW CREATE - SUMMER CAMP EDITION IS ORGANIZED IN PARTNERSHIP WITH PHILADELPHIA'S DEPARTMENT OF PARKS AND RECREATION. THROUGH THIS COLLABORATIVE, CRAFTNOW BRINGS THE WONDER AND IMAGINATION OF THE CRAFT STUDIO INTO PHILADELPHIA NEIGHBORHOOD REC CENTERS THROUGHOUT THE CITY. OUR PARTNER ORGANIZATIONS COORDINATE THEIR EFFORTS TO ENSURE WE CAN OFFER AN IN-PERSON CRAFT WORKSHOP AT ALL 129 SUMMER CAMPS DELIVERING APPROXIMATELY 15,000 STUDENT-HOURS OF CRAFT INSTRUCTION AND REACHING 6,000 CAMPERS. IN ADDITION, THE PHILADELPHIA MUSEUM OF ART PROVIDES TAKE-HOME KITS WITH ART SUPPLIES AND FREE PASSES TO THE MUSEUM FOR EACH STUDENT AND UP TO FIVE MORE MEMBERS OF THEIR FAMILY. CRAFTNOW ALSO HOSTED 4 "GAP WEEK" CAMPS AT REC CENTERS, WHICH PROVIDED CHILDREN WITH CRAFT LESSONS AS WELL AS FIELD TRIPS TO LOCAL MUSEUMS, GALLERIES AND CRAFT ORGANIZATIONS.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $340,246
Program Service Revenue $9,935
Investment Income $2,503
Other Revenue $-7,220
TOTAL REVENUE $345,464

Expense Breakdown

Grants Paid $0
Salaries & Benefits $199,242
Fundraising Expenses $67,982
Program Expenses $245,159
Other Expenses $168,813
TOTAL EXPENSES $368,055

Year-over-Year Comparison

2024 2023 Change
Revenue $345,464 $353,519 0.0%
Expenses $368,055 $335,791 +0.1%
Net Income $-22,591 $17,728 -2.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
17
Independent Members
17
Employees
5
Volunteers
50

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
5
$90,913
Total Directors
17
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Emily Edelstein Executive Director 40.0
Officer
$85,000 $5,913 $90,913
Elissa Topol CHAIR 5.0
Officer Director
$0 $0 $0
Josephine Burri Vice-Chair 1.0
Officer Director
$0 $0 $0
David Seltzer Treasurer 3.0
Officer Director
$0 $0 $0
Frances Hoover Secretary 1.0
Officer Director
$0 $0 $0
Clara Hollander BOARD MEMBER 1.0
Director
$0 $0 $0
Eric Hague BOARD MEMBER 1.0
Director
$0 $0 $0
Patricia Fowler BOARD MEMBER 1.0
Director
$0 $0 $0
Doug Bucci BOARD MEMBER (EFF. 05/07/2024) 1.0
Director
$0 $0 $0
Albert LeCoff BOARD MEMBER 1.0
Director
$0 $0 $0
Jennifer Martin BOARD MEMBER 1.0
Director
$0 $0 $0
Mollie McEnteer BOARD MEMBER (EFF. 09/10/2024) 1.0
Director
$0 $0 $0
Jennifer-Navva Miliken BOARD MEMBER 1.0
Director
$0 $0 $0
Michelle Shuman BOARD MEMBER 1.0
Director
$0 $0 $0
William Salvatore BOARD MEMBER 1.0
Director
$0 $0 $0
Paul Stark BOARD MEMBER 1.0
Director
$0 $0 $0
Vanessa Stella BOARD MEMBER 1.0
Director
$0 $0 $0
Emily Zilber BOARD MEMBER 1.0
Director
$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
2024 $345,464 $368,055 $226,308 $-22,591
2023 $353,519 $335,791 $269,626 $17,728
2022 $285,055 $311,558 $246,780 $-26,503
2021 $324,794 $171,492 $254,651 $153,302
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