Cultural Development Corporation of the District of Columbia

WASHINGTON, DC EIN: 52-2122445 Website

Cultural Development Corporation (CulturalDC) creates opportunities for artists and arts organizations that stimulate economic development and improve the quality of the DC area. CulturalDC current programs include operating the Source Theater, presenting visual and performing arts programs through their Mobile Arts Programming and Mobile Art Gallery, and providing artspace design, development and management support services.

Financial Overview

From 2025 IRS Form 990-PF

Total Assets

$1.5M

-36.2% YoY

Annual Giving

$420K

Grant Count

8

Avg Grant Size

$53K

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$817K$2M$2M$3M202020212022202320242025
Metric202520242023
Total Assets$1,471,433$2,305,259$2,907,834
Revenue$2,969,379$689,245$951,415
Expenses$2,236,002$1,157,204$1,216,073
Qualifying Distributions
Net Investment Income$2,611,771$4,874$6,115
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$105K$210K$315K$420K0 grants20200 grants20210 grants20220 grants20230 grants20248 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2025

Theatre Alliance$250KNicholoson Project$100KThe Howard University$25KExtreme Lengths Producti…$25KJCINTIME Creatives$5KCapital Fringe Inc$5KRorschach Theatre$5KJohn Jarboe dba The Bear…$5K

Grant Size Distribution

8 grants across all recorded years

6<$50K$50–100K1$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Kristi MaiselmanExecutive Director$116K

From 2025 filing

NameTitleHoursCompensation
Hiroshi JacobsPresident2
Emily Ann AlexanderVice President2
Cotter SpratleyTreasurer2
Jessica NigroImmediate Past President2
Avery AshDirector0.25
Brin FrazierDirector0.25
Greg GhentDirector0.25
Kellyn MahanSecretary2
Michelle GreenDirector0.25
Stephanie MercedesDirector0.25
J Brooks MartinDirector0.25
Maurice PerryDirector0.25
Nia RubinDirector0.25
Mehari SequarDirector0.25
Joshua Maps GloverDirector0.25
Kristi MaiselmanExecutive Director40$115,921

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

3states

Cities

PhiladelphiaSpencertownWashington

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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