Brooklyn, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)International African Arts Festival Inc, founded in 1987, is a small nonprofit that reported $513K in total revenue in fiscal year 2022. Revenue surged 26% from the prior year, signaling strong growth momentum.
As Brooklyn's oldest and largest African Festival. The International African Arts Festival's mission is to preserve, present and celebrate the cultural traditions of African people.
International African Arts Festival - Every year a festival is held in Brooklyn for many of the borough's millions of residents, the Festival was attended by thousands of people over a period of four...
International African Arts Festival - Every year a festival is held in Brooklyn for many of the borough's millions of residents, the Festival was attended by thousands of people over a period of four to five days where African, American African, and Caribbean Culture was shared and celebrated with a multicultural audience.
The Libation Celebration - This is the opening program and ceremony for the International African Arts Festival IAAFESTIVAL, which is held every July Fourth Weekend. Libation is held in May or early...
The Libation Celebration - This is the opening program and ceremony for the International African Arts Festival IAAFESTIVAL, which is held every July Fourth Weekend. Libation is held in May or early June. It features some of the artists who are performing at the Festival itself. The event also commemorates many of the recent and past IAAFESTIVAL and community ancestors.
Covid Bail Out NYC -This is a volunteer-powered effort that uses 100 of the donations received towards getting people out of NYC jails and supported once free. Covid Bail Out NYC pays bail for folks...
Covid Bail Out NYC -This is a volunteer-powered effort that uses 100 of the donations received towards getting people out of NYC jails and supported once free. Covid Bail Out NYC pays bail for folks locked in NYC jails pretrial and cover their vital post-release support, such as housing, PPE, food, medical care & healing.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $513,435 | $408,923 | +0.3% |
| Expenses | $517,423 | $561,867 | -0.1% |
| Net Income | $-3,988 | $-152,944 | -1.0% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Segun Shabaka PhD | Chairman | 25.00 |
Officer
Director
|
$0 | $0 | $0 |
| Omare Kinsey | Treasurer | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Deborah Buie | Secretary | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Beatrice Sabir | Trustee | 5.00 |
Director
|
$0 | $0 | $0 |
| Adeyemi Bandele | Trustee | 10.00 |
Director
|
$0 | $0 | $0 |
| Clark Arrington | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Ajale' Coard | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Rahima Lee | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Duma Ndlovu | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Jumaane Jumatatu Torrence | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Damon Bware Van Zant | Trustee | 2.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $513,435 | $517,423 | $66,773 | $-3,988 |
| 2023 | $530,435 | $519,083 | $107,005 | $11,352 |
| 2022 | $408,923 | $561,867 | $51,188 | $-152,944 |
| 2021 | $463,057 | $378,247 | $124,456 | $84,810 |
| 2019 | $395,882 | $424,499 | $58,888 | $-28,617 |
| 2018 | $382,814 | $395,391 | $54,591 | $-12,577 |
Compare International African Arts Festival Inc with other nonprofits in New York and across the country.