BLACK ARCHIVES OF MID-AMERICA INC

EIN: 510191768 501(c)(3) Education

Kansas City, MO

Total Revenue
$793,405
Total Expenses
$1,152,473
Total Assets
$4,498,538
Net Assets
$4,363,673
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
MO
Principal Officer
Carmaletta Williams
Phone
8162211600
Tax Period
2024-01-01 to 2024-12-31

BLACK ARCHIVES OF MID-AMERICA INC, founded in 1976, is a small nonprofit in the Education sector that reported $793K in total revenue in fiscal year 2024. Expenses of $1.2M exceeded revenue, resulting in a 45% operating deficit.

Mission

The mission of the Black Archives of Mid-America is to collect, preserve, and make available to the public materials documenting the social, economic, political, and cultural histories of persons of African descent in the Central United States, with emphasis on the Kansas City, Missouri region. The Black Archives of Mid-America is an educational resource and provides access to its collections for research, exhibition, and publications to honor our community's heritage and to catalyze public awareness.

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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 (2024)

Revenue Breakdown

Contributions & Grants $807,561
Program Service Revenue $7,807
Investment Income $2,532
Other Revenue $-24,495
TOTAL REVENUE $793,405

Expense Breakdown

Grants Paid $6,000
Salaries & Benefits $695,180
Fundraising Expenses $53,890
Program Expenses $527,960
Other Expenses $451,293
TOTAL EXPENSES $1,152,473

Year-over-Year Comparison

2024 2023 Change
Revenue $793,405 $778,723 +0.0%
Expenses $1,152,473 $1,114,286 +0.0%
Net Income $-359,068 $-335,563 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
10
Independent Members
10
Employees
23
Volunteers
50

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
5
$117,151
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Carmaletta Williams Chief Executive Officer 60
Officer
$117,151 $0 $117,151
Marjorie Williams Board Chairperson 8
Officer Director
$0 $0 $0
Leonard Graham Vice President 5
Officer Director
$0 $0 $0
Mark Davis Treasurer 5
Officer Director
$0 $0 $0
Carol Taylor Secretary 4.0
Officer Director
$0 $0 $0
Andre Butler Board Member 0.5
Director
$0 $0 $0
Allan Gray Board Member 0.5
Director
$0 $0 $0
Michael Patton Board Member 2.0
Director
$0 $0 $0
Debra Simpson Board Member 0.5
Director
$0 $0 $0
DePrice Taylor Board Member 0.5
Director
$0 $0 $0
Jonathan Truesdale Board Member 0.5
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
2024 $793,405 $1,152,473 $4,498,538 $-359,068
2023 $778,723 $1,114,286 $4,863,088 $-335,563
2022 $747,149 $1,075,630 $5,180,373 $-328,481
2021 $568,524 $855,644 $5,518,836 $-287,120
2020 $936,283 $639,904 $5,813,075 $296,379
2019 $364,045 $535,515 $5,384,610 $-171,470
2018 $180,658 $404,007 $5,546,046 $-223,349
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