COLEMAN CENTER BOARD OF THE CITY OF YORK TERM

EIN: 630844429 501(c)(3) Arts, Culture & Humanities

YORK, AL

Total Revenue
$504,812
Total Expenses
$387,273
Total Assets
$679,264
Net Assets
$659,955
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Financial Trends

Organization Details

Formation Year
2008
Legal Domicile
AL
Principal Officer
MARGUERITE HINRICHS
Phone
2053922005
Tax Period
2023-10-01 to 2024-09-30

COLEMAN CENTER BOARD OF THE CITY OF YORK TERM, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $420K in total revenue in fiscal year 2017. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $198K, a strong 47% operating margin.

Mission

THE COLEMAN CENTER FOR THE ARTS, CCA, IS A CONTEMPORARY ARTS ORGANIZATION THAT USES ART TO FOSTER POSITIVE SOCIAL CHANGE, ANSWER CIVIC NEEDS, BUILD LOCAL PRIDE, AND USE CREATIVITY FOR COMMUNITY PROBLEM SOLVING.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $497,870
Program Service Revenue $0
Investment Income $21
Other Revenue $6,921
TOTAL REVENUE $504,812

Expense Breakdown

Grants Paid $0
Salaries & Benefits $204,990
Fundraising Expenses $9,098
Program Expenses $244,830
Other Expenses $182,283
TOTAL EXPENSES $387,273

Year-over-Year Comparison

2023 2022 Change
Revenue $504,812 $271,111 +0.9%
Expenses $387,273 $428,211 -0.1%
Net Income $117,539 $-157,100 -1.7%
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

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Governance

Voting Members
6
Independent Members
6
Employees
10
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
7
$71,975
Total Directors
8
$71,975
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KANITA STURDIVANT BOARD CHAIR 1.00
Officer Director
$0 $0 $0
APRIL CADDELL SECRETARY 1.00
Officer Director
$0 $0 $0
EDDIE GRIFFITH PRESIDENT 1.00
Officer Director
$0 $0 $0
AUDRA TIGNOR OPERATIONS DIRECTOR 40.00
Officer Director
$6,975 $0 $6,975
TOMMIE ARMISTEAD VICE CHAIR 1.00
Officer Director
$0 $0 $0
DESTINY BAXTER TREASURER 1.00
Officer Director
$0 $0 $0
FLORENCE WILLIAMS BOARD MEMBER 1.00
Director
$0 $0 $0
DR MARGUERITE HINRICHS EXECUTIVE DIRECTOR 40.00
Officer Director
$65,000 $0 $65,000
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 $504,812 $387,273 $679,264 $117,539
2023 $271,111 $428,211 $549,671 $-157,100
2022 $192,364 $355,028 $709,436 $-162,664
2021 $114,067 $325,475 $870,232 $-211,408
2020 $147,881 $266,033 $1,077,672 $-118,152
2019 $698,225 $185,004 $1,198,340 $513,221
2018 $420,347 $222,402 $682,605 $197,945
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