Many Races Cultural Foundation Inc
- Assets
- $1.5k
- Revenue
- $17.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Rockville Centre, NY
- Founding
- 08/2010
- Data as of
- 12/2021
- EIN
- 27-2425414
Organization Overview
Many Races Cultural Foundation Inc is located in Rockville Centre, NY. The organization was established in 2010. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Many Races Cultural Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Many Races Cultural Foundation Inc generated $17.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $16.5k during the year ending 12/2021. While expenses have increased by 13.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLICATION OF FOUR ISSUES OF THE ORGANIZATION'S NEWSLETTER INCLUDING RESEARCH, WRITING, PRINTING, EDITING, DISTRIBUTION OF AND FEES RELATED TO MAILING AND PRODUCTION OF SAME, SERVING APPROXIMATELY 6500 INDIVIDUTAL RECIPIENT BENEFICIARIES AND SUPPLIES RELATED THERETO.
COMMUNICATION WITH COMMUNITY GROUPS, INDIVIDUALS, METTNG ATTENDANCE & SPEAKING.
SUPPORT ON BEHALF OF MINORITY COMMUNITY WITH RESPECT TO HUMAN AND CIVIL RIGHTS VIOLATIONS PERTAINING TO A RACIALLY BIASED DEVELOPMENT PLAN IN AN AFRICAN-AMERICAN/HISPANIC-AMERICAN MAJORITY COMMUNITY, INCLUDING EDUCATIONAL ACTIVITIES AND INFORMATION DISTRIBUTION IN SUCH REGARD.
EDUCATION, COMMUNITY AWARENESS AND ACTION REGARDING EXPOSING RACIALLY BIASED ISSUES FACING LOCAL COMMUNITIES AND THOSE OF NATIONAL AND WORLDWIDE CONCERN INCLUDING DISSEMENTATION OF AFRICAN, AFRICAN-AMERICAN, EUROPEAN, ASIAN, & AMERICAN HISTORIC ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Cheeks Secretary | 2 | $0 | |
Ron Brown President | 0.25 | $0 | |
Katherine Garry Director | 30 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,370 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,370 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $13,483 |
| Other expenses | $3,033 |
| Total operating and administrative expenses | $16,516 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $16,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,543 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,543 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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