Cultureverse

Tax-deductible

Ann Arbor, MI501(c)(3)Arts & CultureEIN 86-3938363Revenue $280K in FY2024

On file with the IRScultureverse.org309 S Main St, 48104-2107 · Ann Arbor, MITax-exempt since Jun 2022Publicly supported charity — 170(b)(1)(A)(vi)

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Working with artists, musicians, curators, students, and educators, Cultureverse creates virtual, three-dimensional galleries and other online exhibits to display works in an engaging way.

501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
Run by 4 volunteers and 14 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $26K a year · 4% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
66%
of spending
Fine: 66% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$43K
to officers and key staff · 12% of spending
Top officer’s pay lower than 62% of similar orgs
Looks good: pay to officers and key staff is 12% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $6K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$477
1% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 3 voting members
Looks good: 3 of 3 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$280K
-60% vs prior year
Spent
$358K
To programs
66%
Net assets
$41K
By yearFY2022–FY2024
Revenue
$280K
FY2024▼ -60%
Tap a bar for its year
Revenue by fiscal year
FY2022$851K
FY2023$691K
FY2024$280K
Expenses
$358K
FY2024▼ -52%
Tap a bar for its year
Expenses by fiscal year
FY2022$793K
FY2023$749K
FY2024$358K
Net assets
$41K
FY2024▼ -66%
Tap a bar for its year
Net assets by fiscal year
FY2022$179K
FY2023$120K
FY2024$41K

From the FY2024 Form 990 · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 2022.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $236K Management & general 34% · $123K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

4 people listed on the 990; $43K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$42,692Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A

Jeff Machak’s $43K as Executive Director is at the 38th percentile of top reported officer pay among 2216 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023FY2022
Aubrey Martinson—$103,395$124,615
Jeff Machak$42,692$34,167—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Cultureverse executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Creates virtual galleries and online exhibits to display art and music engagingly.

Questions for Cultureverse

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Provided by the organization

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1 program · $236K · in their own filed words · FY2024
01

General Programs

Cultureverse continued to serve artists, educators, preservationists, and the general public through digital preservation, education, and public engagement activities. During the year, the organization developed virtual galleries and utilized 3d scanning technologies to digitally capture and preserve objects and places.

$236Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
CulturesourceFY2024$6K
Total grants receivedfrom 1 funder$6K

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$280K
Ln 12
Gifts and grantsLn 1h$280K
Other incomeLn 4–11$4
Money outPt IX
$358K
Ln 25
Programscol B$236K
Managementcol C$123K
Owns and owesPt X
$41K
net assets · Ln 32
Cash and savingsLn 1–2$312
Total assetsLn 16$42K
LiabilitiesLn 26$477
PeoplePt VI, VII
4
listed · VII A
PaidVII A1
Voting boardVI 1a3
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$280K
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Other incomeLn 4–11$4
Total revenueLn 12$280K
Assets in detailPt X, end of year
CashLn 1$312
Cash and savings togetherLn 1–2$312
Land, buildings, equipmentLn 10c$41K
Total assetsLn 16$42K
LiabilitiesLn 26$477
Net assetsLn 32$41K
OperationsPt I, VI
EmployeesI 514
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$81K$312
Land, buildings, equipmentLn 10c$48K$41K
Total assetsLn 16$132K$42K
LiabilitiesLn 26$12K$477
Net assetsLn 32$120K$41K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$412$412
Pay of current officers, directors and key staffLn 5$43K$36K$7K
Other salaries and wagesLn 7$206K$171K$35K
Other employee benefitsLn 9$16K$16K
Payroll taxesLn 10$20K$17K$3K
Legal feesLn 11b$1K$1K
Accounting feesLn 11c$39K$39K
Other fees for servicesLn 11g$3K$850$2K
Advertising and promotionLn 12$545$545
Office expensesLn 13$1K$1K
OccupancyLn 16$1K$1K
TravelLn 17$819$819
Conferences, conventions and meetingsLn 19$3K$3K
InterestLn 20$8$8
Depreciation, depletion and amortizationLn 22$7K$7K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$12K$5K$7K$0
Total functional expensesLn 25$358K$236K$123K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $280K$358K−$79K$41K 990 PDF
FY2023 $691K$749K−$58K$120K 990 PDF
FY2022 $851K$793K$58K$179K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $279,504 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $666,247$279,500
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $21,340$0
I-11 Other revenuePrior year $2,967$4
I-12 Total revenuePrior year $690,554$279,504
I-13 Grants and similar amounts paidPrior year $0$412
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $458,713$284,009
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $290,302$73,920
I-18 Total expensesPrior year $749,015$358,341
I-19 Revenue less expensesPrior year −$58,461−$78,837
Part VI · Governance 3 of 3 board members independent, 1 to look at
VI-1a Voting members of the governing body3
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $279,504 across 9 lines filed
Lines not itemized here account for $4 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$279,500
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$279,500
VIII-12 Total revenueRelated to mission $4 · Unrelated business $0 · Excluded from tax $0$279,504
Part IX · Statement of functional expenses $358,341 across 17 lines filed
IX-1 Grants to domestic organizationsPrograms $412$412
IX-5 Pay of current officers, directors and key staffPrograms $35,512 · Management $7,180$42,692
IX-7 Other salaries and wagesPrograms $170,987 · Management $34,573$205,560
IX-9 Other employee benefitsManagement $15,709$15,709
IX-10 Payroll taxesPrograms $16,909 · Management $3,139$20,048
IX-11b Legal feesManagement $1,137$1,137
IX-11c Accounting feesManagement $39,326$39,326
IX-11g Other fees for servicesPrograms $850 · Management $2,442$3,292
IX-12 Advertising and promotionPrograms $545$545
IX-13 Office expensesPrograms $1,489$1,489
IX-16 OccupancyManagement $1,215$1,215
IX-17 TravelPrograms $819$819
IX-19 Conferences, conventions and meetingsPrograms $2,846$2,846
IX-20 InterestManagement $8$8
IX-22 Depreciation, depletion and amortizationManagement $6,759$6,759
IX-23 InsuranceManagement $4,104$4,104
IX-24 Other expenses (24a–d)Programs $5,310 · Management $7,070 · Fundraising $0$12,380
IX-25 Total functional expensesPrograms $235,679 · Management $122,662 · Fundraising $0$358,341
Part X · Balance sheet $41,961 assets, 10 lines filed
X-1 Cash, non-interest-bearingStart of year $80,599$312
X-9 Prepaid expenses and deferred chargesStart of year $4,204$769
X-10c Land, buildings and equipment, netStart of year $47,639$40,880
X-16 Total assetsStart of year $132,442$41,961
X-17 Accounts payable and accrued expensesStart of year $12,121$477
X-26 Total liabilitiesStart of year $12,121$477
X-27 Net assets without donor restrictionsStart of year $120,321$41,484
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $120,321$41,484
X-33 Total liabilities and net assetsStart of year $132,442$41,961
Part XI · Reconciliation of net assets $41,484 net assets at year end
XI-1 Total revenue$279,504
XI-2 Total expenses$358,341
XI-3 Revenue less expenses−$78,837
XI-4 Net assets at start of year$120,321
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$41,484

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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