EIN 45-2561701

The Philadelphia Fashion Incubator

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2011
Most recent tax filings
2022-12-01
Description
The Philadelphia Fashion Incubator promotes emerging fashion designers and the fashion community in Philadelphia by providing education, support, and opportunities. Six designers-in-residence are selected annually for a twelve-month residency program that includes access to office and design/work space, mentoring, business curriculum, and other important resources. Through public programs, The Fashion Incubator creates a hub for the fashion community and networking opportunities for attendees while promoting its mission.
Total revenues
$73,610
2022
Total expenses
$155,866
2022
Total assets
$280,416
2022
Num. employees
1
2022

Program areas at The Philadelphia Fashion Incubator

The Philadelphia Fashion Incubator is a twelve-month residency program featuring six annually selected designers-in-residence (dir). The dir have access to office and design/work space, business curriculum, mentoring, and other important resources all within macy's center city, in an effort to help them launch and further grow their companies in The city of Philadelphia. The 2018 program began with a week-long business boot camp, a series of 16 business workshops. The business boot camp jump starts The residency and provides The dir with essential business information, allowing them to accelerate their businesses and execute strategies early on in The program. The dir also participated in various workshops throughout The year which focused on various business topics. Workshops provided in depth knowledge on each topic and served as a working classroom where dir prepared information in advance was reviewed by each instructor. In addition, The workshops provided opportunity for dir to tap into industry experts. Each dir is also paired with an industry leader mentor whom they meet with throughout The residency. The mentors assist The dir in developing their professional and business skills along with gaining feedback on their business models and collections. Trips to new york city are also held each month. The trips include meetings with Fashion entrepreneurs, tours of production and sourcing resources, industry shows and events. Dirs also participated in various trade shows and events.
Public programs have helped create a hub for The Philadelphia Fashion community, networking opportunities for attendees and promotion of The Fashion Incubator.

Personnel at The Philadelphia Fashion Incubator

NameTitleCompensation
Elissa BloomExecutive Director$94,967
Erik SeelBoard Chair / Director$0

Financials for The Philadelphia Fashion Incubator

RevenuesFYE 12/2022
Total grants, contributions, etc.$56,604
Program services$16,901
Investment income and dividends$105
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$73,610

Form 990s for The Philadelphia Fashion Incubator

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-11990View PDF
2020-122021-11-15990View PDF
2019-122021-03-02990View PDF
2018-122020-06-04990View PDF
2017-122019-03-07990View PDF
...and 6 more Form 990s
Data update history
July 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 12, 2023
Posted financials
Added Form 990 for fiscal year 2020
July 6, 2023
Updated personnel
Identified 2 new personnel
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Business and community development organizationsSchoolsCharities
Issues
EducationBusiness and industry
Characteristics
State / local levelTax deductible donations
General information
Address
1300 Market St 3rd Floor
Philadelphia, PA 19107
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
philadelphiafashionincubator.com/ 
Phone
(215) 241-9000
IRS details
EIN
45-2561701
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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