shared staff and nonprofit umbrella
It’s your work, you remain the public face, and the credit is all yours. The business for your project is conducted through CultureTrust Greater Philadelphia. This includes obtaining insurances (including group health insurance, if needed) contracting, employing, paying bills, and receiving income. All financial relationships are handled through CultureTrust directly. For instance, contracts are made out between your artists or service providers and CultureTrust, checks are written to employees from CultureTrust, and donor and grant checks are made out to CultureTrust.
CultureTrust is an independent charitable trust. CultureWorks provides the management staff and day-to-day administrative support for all CultureTrust projects through our Trust program. Projects and organizations (both are called “projects” under the trust) must apply to become part of CultureTrust.
As an independent artist or producer you don’t need your own corporation or even bank account, and none of the project liabilities attach to you as an individual. Since costs are allocated to projects based on a percent of revenues (12% of gross receipts), expenses for our support track to your program and financial activity, making it a more affordable solution than fixed-fee “outsourcing.” You only incur costs when there is financial activity.
manage your project or company
Trust provides affordable back-office resources to charitable projects without their own non-profit status, or existing organizations that seek to increase management capacity while trimming costs on insurance and back office expenses. The resources accessible through this program—nonprofit status for fundraising, governance, accounting, contracting, bill paying, insurance, payroll/human resource management, and project management—are shared through joining our affiliate, CultureTrust Greater Philadelphia.
CultureTrust is a direct manager and administrator for projects and organizations working in the fine and performing arts, heritage, humanities, journalism, design, and creative practices. CultureWorks is the administrator of CultureTrust through our Trust program.
affordable back office management
Through the Trust program, you access our nonprofit affiliate CultureTrust Greater Philadelphia, which serves as a nonprofit organization for projects without their own affiliation, and affordable and sustainable back office management for existing organizations.
For a cost allocation of 12% of project revenues (earned and contributed), you get a nonprofit umbrella for raising funds, as well as a project and human resource manager and a finance team. In addition, you receive basic insurances, bill paying, payroll management, compliance, and board oversight. Other resources are available à la carte. Participation in CultureTrust requires a membership (at any level) in our coworking program, which is accompanied by a number of other benefits and amenities.
CultureTrust offers the benefit of associating with a trusted presence in the cultural and philanthropic community helping to build relationships with donors and funders. It can also be a platform for managing collaborative projects and undertaking consortium fundraising.
perks from our partners
In addition to the coworking space, equipment, shared solutions and environment filled with creativity and productivity we have a team of partner businesses that are thrilled to share their products and services with CultureWorks members as a way to say “you’re awesome.” Enjoy.