Malcolm X & Dr Betty Shabazz Memorial and Educational Center

EIN: 202403979 501(c)(3) Arts, Culture & Humanities

New York, NY

Total Revenue
$681,591
Total Expenses
$320,628
Total Assets
$647,480
Net Assets
$591,193
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
NY
Principal Officer
Ilyasah Shabazz
Phone
3323459620
Tax Period
2023-07-01 to 2024-06-30

Malcolm X & Dr Betty Shabazz Memorial and Educational Center, founded in 1999, is a small nonprofit in the Arts, Culture & Humanities sector that reported $682K in total revenue in fiscal year 2023. Revenue surged 42% from the prior year, signaling strong growth momentum. The organization ran a surplus of $361K, a strong 53% operating margin.

Mission

Rooted in our abiding belief in Black power, possibility, and sovereignty, The Shabazz Center facilitates thought exchange around racial equity, justice, and cultural production, in the spirit of Malcolm X and Dr. Betty Shabazz. Through both global and local outreach, educational programming and engagement with the African Diaspora, The Shabazz Center is a generative, action-oriented community organization, committed to growing social movements that empower and prepare people for leadership in civil society.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $495,901
Program Service Revenue $175,640
Investment Income $0
Other Revenue $10,050
TOTAL REVENUE $681,591

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,996
Fundraising Expenses $79,733
Program Expenses $109,708
Other Expenses $236,632
TOTAL EXPENSES $320,628

Year-over-Year Comparison

2023 2022 Change
Revenue $681,591 $478,516 +0.4%
Expenses $320,628 $358,110 -0.1%
Net Income $360,963 $120,406 +2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
1
Volunteers
30

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$129,375
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ann-Marie Weathers Interim Exec. Dir. thru 01/24 40.00
Officer
$129,375 $0 $129,375
Ilyasah Shabazz Chairperson 2.00
Officer Director
$0 $0 $0
Julio Peterson Co-Chair thru 04/24 4.00
Officer Director
$0 $0 $0
Phillip Agnew Board Member thru 12/23 1.00
Director
$0 $0 $0
Curtis Archer Board Member 1.00
Director
$0 $0 $0
Lumumba Akinwole Bandele Board Member thru 12/23 1.00
Director
$0 $0 $0
Dr Regina Jackson Vice-Chairperson 1.00
Officer Director
$0 $0 $0
Ken Jones Esq Board Member thru 04/24 1.00
Director
$0 $0 $0
Akemi Kochiyama Board Member thru 12/23 1.00
Director
$0 $0 $0
Kamal Koraitem Board Member thru 12/23 1.00
Director
$0 $0 $0
Jodie Patterson Board Member thru 11/23 1.00
Director
$0 $0 $0
Dr Robyn C Spencer Board Member thru 12/23 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $681,591 $320,628 $647,480 $360,963
2023 $478,516 $358,110 $648,687 $120,406
2022 $158,526 $101,968 $691,074 $56,558
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