Auntie Karen Foundation

EIN: 571131878 501(c)(3) Youth Development

Columbia, SC

Total Revenue
$948,168
Total Expenses
$942,667
Total Assets
$138,569
Net Assets
$138,569
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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
SC
Principal Officer
Karen Alexander-Banks
Phone
8033198862
Tax Period
2023-01-01 to 2023-12-31

Auntie Karen Foundation, founded in 2001, is a small nonprofit in the Youth Development sector that reported $948K in total revenue in fiscal year 2023. Revenue surged 40% from the prior year, signaling strong growth momentum.

Mission

The Auntie Karen Foundation is a global non-profit in South Carolina whose mission is to create and implement a series of reproducible community outreach programs to empower, enlighten and educate through the arts. The Legends of Concert series is the signature event for the Auntie Karen Foundation, which strives to keep the legacy of African-American music alive.

Program Service Accomplishments

Program 1
Expenses: $674,111 Revenue: $693,223

Artpreneur/Technopreneur program aims to address the teacher shortage crisis in South Carolina by partnering with school districts to provide an alternative solution. This innovative program deploys...

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Artpreneur/Technopreneur program aims to address the teacher shortage crisis in South Carolina by partnering with school districts to provide an alternative solution. This innovative program deploys experienced artists to teach music, dance, and visual arts to youth in underserved communities. In the past year, classes were taught in Barnwell, Marlboro, Richland, Marion, and Williamsburg Counties, reaching hundreds of students and enriching their educational experiences. Over 1200 youth served throughout the year. The foundation initiated a pilot housing program in Hardeeville, South Carolina. In the pilot, the foundation provided artists with housing from Sunday to Friday during the school year at a cost of $18,000. This initiative aimed to alleviate the burden of travel and allow artists to fully immerse themselves in their teaching roles. The pilot successfully benefited the artists and the school communities by enabling consistent and engaged instruction.

Program 2
Expenses: $196,324 Revenue: $218,668

Legends of Outreach - On February 24, 2023, The Auntie Karen Foundation proudly presented the 19th Legends of...Concert at the Koger Center for the Arts in Columbia, South Carolina. This annual event...

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Legends of Outreach - On February 24, 2023, The Auntie Karen Foundation proudly presented the 19th Legends of...Concert at the Koger Center for the Arts in Columbia, South Carolina. This annual event celebrated the legacy of Al Jarreau with a theme, "A Tribute to Al Jarreau," showcasing remarkable performances by Kirk Whalum, Chris Walker, Regina Belle, and Bob James. The concert spanned two days, enriching the local community and music enthusiasts with its dynamic lineup. A highlight of the event was the Youth Master Class, conducted in collaboration with Richland School District One at AC Flora High School. The master class provided young musicians an invaluable opportunity to learn from industry professionals, enhancing their skills and inspiring their musical journeys. The concert itself was an outstanding showcase of talent, with The Auntie Karen All-Star Band opening the event, setting a high standard for the evening.

Program 3
Expenses: $894 Revenue: $1,999

Gordon Sales - The Gordon Meets the Neighbors Next Door Project launched on July 2, 2021. The project started in 2020 during the Covid 19 Pandemic. The Auntie Karen Foundation partnered with Stacey...

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Gordon Sales - The Gordon Meets the Neighbors Next Door Project launched on July 2, 2021. The project started in 2020 during the Covid 19 Pandemic. The Auntie Karen Foundation partnered with Stacey Atkinson and The Door of Homes Organization to produce Covid Styled Outreach Programs. The net result was a collaboration with The Auntie Karen Foundation and the Young Writers Society to produce a coloring book entitled Gordon Meets The Neighbors Next Door. The color book is available as a free digital download. 1000 copies were printed and distributed at several outreach events in Columbia and Charleston, SC.

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $78,283
Program Service Revenue $869,428
Investment Income $15
Other Revenue $442
TOTAL REVENUE $948,168

Expense Breakdown

Grants Paid $0
Salaries & Benefits $83,146
Fundraising Expenses $0
Program Expenses $871,641
Other Expenses $859,521
TOTAL EXPENSES $942,667

Year-over-Year Comparison

2023 2022 Change
Revenue $948,168 $677,941 +0.4%
Expenses $942,667 $676,980 +0.4%
Net Income $5,501 $961 +4.7%
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
5
Independent Members
4
Employees
N/A
Volunteers
42

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
$83,146
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Karen Alexander-Banks President 40.00
Officer
$83,146 $0 $83,146
Deborah Breedlove Treasurer 0.00
Officer
$0 $0 $0
Toshia Addison Vice President 0.00
Officer
$0 $0 $0
Mildred Branch Vice President 0.00
Officer
$0 $0 $0
Linda Paige Secretary 0.00
Officer
$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 No data No data No data No data
2023 $948,168 $942,667 $138,569 $5,501
2022 $677,941 $676,980 $133,068 $961
2021 $478,372 $917,949 $138,654 $-439,577
2020 $397,782 $352,338 $571,684 $45,444
2019 No data No data No data No data
2018 $324,654 $295,230 $52,104 $29,424
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