Roots 101 African America Museum

EIN: 832546464 501(c)(3) Arts, Culture & Humanities

Louisville, KY

Total Revenue
$369,048
Total Expenses
$140,941
Total Assets
$238,943
Net Assets
$238,943
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2020
Legal Domicile
KY
Tax Period
2023-01-01 to 2023-12-31

Roots 101 African America Museum, founded in 2020, is a small nonprofit in the Arts, Culture & Humanities sector that reported $369K in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. The organization ran a surplus of $228K, a strong 62% operating margin.

Mission

A beacon of African American history and culture, preserving and sharing stories that deserve to be celebrated and remembered. This endeavor will not only honor our past but also inspire future generations, fostering a deep appreciation for African American hheritage.

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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 (2023)

Revenue Breakdown

Contributions & Grants $196,000
Program Service Revenue $173,048
Investment Income $0
Other Revenue $0
TOTAL REVENUE $369,048

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $119,969
Other Expenses $140,941
TOTAL EXPENSES $140,941

Year-over-Year Comparison

2023 2022 Change
Revenue $369,048 $413,201 -0.1%
Expenses $140,941 $366,832 -0.6%
Net Income $228,107 $46,369 +3.9%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
2
Employees
N/A
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
3
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
VALERIE MOORE TREASURER 24.00
Officer
$0 $0 $0
GABRIEL COLLINS PRESIDENT 2.50
Officer
$0 $0 $0
LAMONT COLLINS PRESIDENT & CEO 40.00
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
2023 $369,048 $140,941 $238,943 $228,107
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