African American Cultural Society Inc
- Assets
- $284.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 2
- Location
- Palm Coast, FL
- Founding
- 02/1993
- Data as of
- 06/2023
- EIN
- 59-3104305
Organization Overview
African American Cultural Society Inc is located in Palm Coast, FL. The organization was established in 1993. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, African American Cultural Society Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. African American Cultural Society 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 06/2023, African American Cultural Society Inc generated $92.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $95.7k during the year ending 06/2023. While expenses have increased by 3.6% per year over the past 8 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE CULTURAL PROGRAMS AND ACTIVITIES THAT ENHANCE THE UNDERSTANDING OF THE AFRICAN AMERICAN CULTURE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephanie Mathews Director - Chair | 10 | $0 | |
Jean Tanner Director | 10 | $0 | |
Daniel Isaac Director | 10 | $0 | |
Sybil Dodson-Lucas Director | 10 | $0 | |
Kurt Bottoms Director | 10 | $0 | |
Victor Krause Director - Budget & Finance Chair | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,405 |
| Total Program Service Revenue | $29,730 |
| Membership dues | $35,705 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,721 |
| Other Revenue | $0 |
| Total Revenue | $92,561 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,463 |
| Professional fees and other payments to independent contractors | $820 |
| Occupancy, rent, utilities, and maintenance | $71,011 |
| Printing, publications, postage, and shipping | $6,381 |
| Other expenses | $0 |
| Total expenses | $95,675 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,080 |
| Other assets | $0 |
| Total assets | $284,489 |
| Total liabilities | $0 |
| Net assets or fund balances | $284,489 |