Olaleye Communications Inc
- Assets
- $2.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boston, MA
- Founding
- 03/1988
- Data as of
- 12/2022
- EIN
- 04-2957149
Organization Overview
Olaleye Communications Inc is located in Boston, MA. The organization was established in 1988. According to its NTEE Classification (A40) the organization is classified as: Visual Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Olaleye Communications Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Olaleye Communications Inc generated $12.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (22.3%) each year. All expenses for the organization totaled $16.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION WAS ABLE TO COLLABORATE WITH THE LIBRARY OF CONGRESS FOR THE CATALOG AND EXHIBITION OF THE AFRICAN ARTS AND IMAGES. THE ORGANIZATION ALSO HOSTED AND SUPPORTED THE EXPENSES INCURRED BY AN AMERICAN VISUAL ARTIST TO COLLABORATE WITH AFRICAN (GHANAIAN) HISTORIAN. THE ORGANIZATION CONTINUED TO CONDUCT RESEARCH ACTIVITIES AND TO GATHER MATERIALS THAT WOULD FURTHER PROVIDE THE VISUALS PERTAINING TO THE BLACK HERITAGE.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $12,500 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $600 |
| Occupancy, rent, utilities, and maintenance | $3,585 |
| Printing, publications, postage, and shipping | $506 |
| Other expenses | $11,327 |
| Total expenses | $16,018 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,276 |
| Other assets | $0 |
| Total assets | $2,276 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,276 |