Black Arts & Cultural Center (EIN 382730761) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Phone

2693491035

Tax Period

2023-01-01 to 2023-12-31

Black Arts & Cultural Center is a small nonprofit that reported $312K in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. The organization ran a surplus of $106K, a strong 34% operating margin.

Mission

Share and Celebrate Black Artistic Creativity, Musical Talents, Culinary Skills and Heritage to the General Public

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $312,084

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $312,084

Expense Breakdown

Grants Paid $0

Salaries & Benefits $93,652

Fundraising Expenses $10,298

Program Expenses $144,171

Other Expenses $112,305

TOTAL EXPENSES $205,957

Year-over-Year Comparison

	2023	2022	Change
Revenue	$312,084	$255,862	+0.2%
Expenses	$205,957	$246,996	-0.2%
Net Income	$106,127	$8,866	+11.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

Volunteers

N/A

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Janine Seals	Executive Dir.	1.00	Director	$0	$0	$0
Rufus D Ferguson	Treasurer	1.00	Director	$0	$0	$0
Chiante Lymon	Chairman	1.00	Director	$0	$0	$0
Daniel Hamilton	Chairman	1.00	Director	$0	$0	$0
Jordan Duckens	Secretary	0.00	Director	$0	$0	$0
Shaina Fox	Director	0.00	Director	$0	$0	$0
Andrea Page	Director	0.00	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
2023	$312,084	$205,957	$224,046	$106,127
2022	$255,862	$246,996	$116,197	$8,866
2021	$244,138	$304,166	$107,531	$-60,028
2020	$218,375	$119,143	$194,137	$99,232

Black Arts & Cultural Center