AFRICAN ART MUSEUM OF MARYLAND

EIN: 521206902 501(c)(3) Arts, Culture & Humanities

Columbia, MD

Total Revenue
$23,985
Total Expenses
$28,041
Total Assets
$1,303,702
Net Assets
$1,279,196
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
MD
Principal Officer
Doris Ligon
Phone
4107407411
Tax Period
2024-07-01 to 2025-06-30

AFRICAN ART MUSEUM OF MARYLAND, founded in 1980, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $24K in total revenue in fiscal year 2024. Revenue fell 65% from the prior year — a significant decline worth monitoring. Expenses of $28K exceeded revenue, resulting in a 17% operating deficit.

Mission

Art display and education: The African Art Museum of Maryland is dedicated to collecting, exhibiting and preserving, for the public, the art of Africa and is dedicated to increasing the awareness of African art and culture; while encouraging a broader understanding and appreciation of the art and culture of Africa.

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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 $21,531
Program Service Revenue $645
Investment Income $1,809
Other Revenue $0
TOTAL REVENUE $23,985

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $105
Program Expenses $27,936
Other Expenses $27,936
TOTAL EXPENSES $28,041

Year-over-Year Comparison

2024 2023 Change
Revenue $23,985 $69,491 -0.7%
Expenses $28,041 $26,266 +0.1%
Net Income $-4,056 $43,225 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
23
Employees
N/A
Volunteers
20

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
0
$0
Total Directors
1
$0
Key Employees
2
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Doris ligon Museum Director 40
Director
$0 $0 $0
Mairice Simpkins Board of Trustees, Vice Chairperson 2
Key Emp
$0 $0 $0
Rose Varner-Gaskins Board of Trustees, Secretary 4
$0 $0 $0
Charles Barnum Board of Trustees 4
$0 $0 $0
Joseph A Mason Board of Trustees 2
$0 $0 $0
G Sundat Tenabe Board of Trustees 2
$0 $0 $0
Abram Engelman Board of Trustees 2
$0 $0 $0
Scott Faulkner Board of Trustees 2
$0 $0 $0
Eleanor Hunt Esq Board of Trustees 2
$0 $0 $0
Vivian Lawyer Esq Board of Trustees 2
$0 $0 $0
Claude M Ligon Jr Ltc US Army Board of Trustees 2
$0 $0 $0
Donna Wells Board of Trustees 2
$0 $0 $0
Beverly Cooper Board of Trustees 2
$0 $0 $0
Jacqueline Kakembo Board of Trustees 2
$0 $0 $0
Saundra Barrett Board of Trustees 2
$0 $0 $0
Beverly Cooper Board of Trustees 2
$0 $0 $0
C Vernon Gray Board of Trustees 2
$0 $0 $0
Amanda Hoff Board of Trustees 2
$0 $0 $0
Dr Michael Kelemen Board of Trustees 2
$0 $0 $0
Dr Gregory Lehne Board of Trustees 2
$0 $0 $0
Tola Oduyoye Board of Trustees 2
$0 $0 $0
Carolyn Vincent Board of Trustees 4
$0 $0 $0
Ralph Ballman Board of Trustees, Treasurer 10
Key Emp
$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 $23,985 $28,041 $1,303,702 $-4,056
2024 $69,491 $26,266 $1,305,729 $43,225
2023 $19,407 $26,334 $1,258,961 $-6,927
2022 $72,366 $47,191 $1,274,658 $25,175
2021 $34,012 $20,332 $1,247,892 $13,680
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