Cultural Museum Of African Art Inc- The Eric Edwards Collection
- Assets
- $79.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 04/2015
- Data as of
- 06/2022
- EIN
- 90-0907203
Organization Overview
Cultural Museum Of African Art Inc- The Eric Edwards Collection is located in Brooklyn, NY. The organization was established in 2015. According to its NTEE Classification (A51) the organization is classified as: Art Museums, 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. Cultural Museum Of African Art Inc- The Eric Edwards Collection 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 06/2022, Cultural Museum Of African Art Inc- The Eric Edwards Collection generated $106.8k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.5% each year . All expenses for the organization totaled $88.4k during the year ending 06/2022. While expenses have increased by 15.5% per year over the past 6 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
2022
Describe the Organization's Program Activity:
Part 3
CULTURAL MUSEUM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myrna Williams President | 0 | $0 | |
Edith Pittman Treasurer | 0 | $0 | |
Eric Edwards Executive Dir. | 30 | $6,300 | |
Ralph Carter Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $106,783 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $106,783 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,300 |
| Professional fees and other payments to independent contractors | $2,350 |
| Occupancy, rent, utilities, and maintenance | $51,250 |
| Printing, publications, postage, and shipping | $302 |
| Other expenses | $28,245 |
| Total expenses | $88,447 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,583 |
| Other assets | $0 |
| Total assets | $79,583 |
| Total liabilities | $7,900 |
| Net assets or fund balances | $71,683 |