FRIENDS OF MOSAIC TEMPLARS CULTURAL CENTER INC

EIN: 800460029 501(c)(3) Arts, Culture & Humanities

LITTLE ROCK, AR

Total Revenue
$197,459
Total Expenses
$132,868
Total Assets
$182,917
Net Assets
$182,917
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
AR
Principal Officer
MARTIE NORTH HAMILTON
Phone
5016833593
Tax Period
2024-01-01 to 2024-12-31

FRIENDS OF MOSAIC TEMPLARS CULTURAL CENTER INC, founded in 2010, is a small nonprofit in the Arts, Culture & Humanities sector that reported $196K in total revenue in fiscal year 2023. Revenue surged 131% from the prior year, signaling strong growth momentum. The organization ran a surplus of $59K, a strong 30% operating margin.

Mission

THE MISSION OF THE FRIENDS OF THE MOSAIC TEMPLARS CULTURAL CENTER IS TO SERVE AS A FUNDRAISING NONPROFIT TO GENERATE FUNDS TO ADDRESS THE UNFUNDED PRIORITIES AND NEEDS OF THE MOSAIC TEMPLARS CULTURAL CENTER. THE FRIENDS OF THE MOSAIC TEMPLARS CULTURAL CENTER SUPPORTS THE MOSAIC TEMPLARS CULTURAL CENTER THROUGH A MULTI-FACETED APPROACH TO FURTHER EDUCATION AND OUTREACH INITIATIVES THAT INCREASE AWARENESS OF THE CONTRIBUTIONS MADE BY ARKANSAS AFRICAN AMERICANS TO THE LOCAL COMMUNITY, STATE, REGION, AND WORLD.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $189,187
Program Service Revenue $2,777
Investment Income $0
Other Revenue $5,495
TOTAL REVENUE $197,459

Expense Breakdown

Grants Paid $28,303
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $123,791
Other Expenses $104,565
TOTAL EXPENSES $132,868

Year-over-Year Comparison

2024 2023 Change
Revenue $197,459 $196,089 +0.0%
Expenses $132,868 $136,714 0.0%
Net Income $64,591 $59,375 +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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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
9

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
3
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTIE NORTH HAMILTON PRESIDENT 0.00
Officer Director
$0 $0 $0
TAMIKA SILVERMAN EDWARDS VICE PRESIDENT 0.00
Officer Director
$0 $0 $0
ANTHONY MOORE III TREASURER 0.00
Officer Director
$0 $0 $0
JOHN BUSH III DIRECTOR 0.00
Director
$0 $0 $0
AMY COLE DIRECTOR 0.00
Director
$0 $0 $0
RYAN DAVIS DIRECTOR 0.00
Director
$0 $0 $0
QUANTIA FLETCHER EX OFFICIO 0.00
Director
$0 $0 $0
SHANNON HEARD DIRECTOR 0.00
Director
$0 $0 $0
EMILY KEARNS DIRECTOR 0.00
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 $197,459 $132,868 $182,917 $64,591
2023 $196,089 $136,714 $118,326 $59,375
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