THE AMISTAD RESEARCH CENTER

EIN: 720689313 501(c)(3) Arts, Culture & Humanities

NEW ORLEANS, LA

Total Revenue
$1,262,768
Total Expenses
$1,611,868
Total Assets
$5,913,645
Net Assets
$5,848,402
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
LA
Principal Officer
KIM BOYLE
Phone
5048655535
Tax Period
2024-01-01 to 2024-12-31

THE AMISTAD RESEARCH CENTER, founded in 1966, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.3M in total revenue in fiscal year 2024. Revenue decreased 17% compared to the prior year. Expenses of $1.6M exceeded revenue, resulting in a 28% operating deficit.

Mission

COLLECTS AND PRESERVES PRIMARY SOURCE MATERIALS ON AMERICAN ETHNIC HISTORY, RACE RELATIONS AND CIVIL RIGHTS AND THE AFRICAN DIASPORA.

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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 $996,913
Program Service Revenue $178,281
Investment Income $39,254
Other Revenue $48,320
TOTAL REVENUE $1,262,768

Expense Breakdown

Grants Paid $0
Salaries & Benefits $862,729
Fundraising Expenses $63,835
Program Expenses $1,365,036
Other Expenses $749,139
TOTAL EXPENSES $1,611,868

Year-over-Year Comparison

2024 2023 Change
Revenue $1,262,768 $1,527,211 -0.2%
Expenses $1,611,868 $1,245,224 +0.3%
Net Income $-349,100 $281,987 -2.2%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
13
Volunteers
30

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
4
$0
Total Directors
11
$0
Key Employees
1
$150,000
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHE' HAMBRICK EXECUTIVE DIRECTOR 40.00
Key Emp
$150,000 $0 $150,000
DR ROSANNE ADDERLEY MEMBER 2.00
Director
$0 $0 $0
KIM BOYLE ESQ PRESIDENT/CHAIR 2.00
Officer Director
$0 $0 $0
RONALD CARRERE MEMBER 2.00
Director
$0 $0 $0
RONALD WILSON ESQ MEMBER 2.00
Director
$0 $0 $0
THEON WILSON ESQ SECRETARY 2.00
Officer Director
$0 $0 $0
LINETTA GILBERT VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
ANDREA G JEFFERSON MEMBER 2.00
Director
$0 $0 $0
JUDGE TERRI LOVE MEMBER 2.00
Director
$0 $0 $0
HAROLD SYLVESTER MEMBER 2.00
Director
$0 $0 $0
BYRON STEWART TREASURER 2.00
Officer Director
$0 $0 $0
ELIZABETH WILLIAMS MEMBER 2.00
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
2024 $1,262,768 $1,611,868 $5,913,645 $-349,100
2023 $1,527,211 $1,245,224 $6,080,490 $281,987
2022 $1,027,466 $1,258,715 $5,615,165 $-231,249
2021 $1,567,988 $1,289,548 $6,399,873 $278,440
2020 $804,696 $1,107,484 $6,225,192 $-302,788
2020 $1,025,274 $1,137,047 $2,747,809 $-111,773
2019 $749,987 $965,407 $6,315,805 $-215,420
2018 $948,454 $962,172 $6,680,366 $-13,718
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