CENTER FOR BLACK EXCELLENCE AND CULTURE INC (EIN 853072819) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2020

Legal Domicile

Principal Officer

DR ALEXANDER GEE

Phone

6082058330

Tax Period

2023-01-01 to 2023-12-31

CENTER FOR BLACK EXCELLENCE AND CULTURE INC, founded in 2020, is a community nonprofit in the Arts, Culture & Humanities sector that reported $2.5M in total revenue in fiscal year 2023. Revenue fell 75% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $1.7M, a strong 69% operating margin.

Mission

TO PROMOTE AND DEVELOP A BLACK CULTURAL CENTER IN MADISON, WISCONSIN.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,460,212

Program Service Revenue $0

Investment Income $64,385

Other Revenue $0

TOTAL REVENUE $2,524,597

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $188,283

Program Expenses $245,661

Other Expenses $673,716

TOTAL EXPENSES $788,114

Year-over-Year Comparison

	2023	2022	Change
Revenue	$2,524,597	$10,211,514	-0.8%
Expenses	$788,114	$620,817	+0.3%
Net Income	$1,736,483	$9,590,697	-0.8%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DR ALEXANDER GEE	PRESIDENT	30.00	Officer Director	$0	$0	$0
FRANCES HUNTLEY-COOPER	SECRETARY	3.00	Officer Director	$0	$0	$0
BRIAN RUSSELL	TREASURER	2.00	Officer 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	No data	No data	No data	No data
2023	$2,524,597	$788,114	$14,929,423	$1,736,483
2022	$10,211,514	$620,817	$12,957,792	$9,590,697
2021	$3,716,472	$857,995	$3,251,929	$2,858,477
2021	$3,716,472	$665,995	$3,251,929	$3,050,477

CENTER FOR BLACK EXCELLENCE AND CULTURE INC