Amistad Center For Art & Culture Inc
- Assets
- $728.4k
- Revenue
- $546.7k
- Investments
- $0.0
- Employees
- 4
- Location
- Hartford, CT
- Founding
- 11/1992
- Data as of
- 06/2021
- EIN
- 22-2849122
Organization Overview
Amistad Center For Art & Culture Inc is located in Hartford, CT. The organization was established in 1992. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Amistad Center For Art & Culture Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amistad Center For Art & Culture 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 06/2021, Amistad Center For Art & Culture Inc generated $546.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $330.2k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE CELEBRATE ART AND CULTURE OF PEOPLE OF AFRICAN DESCENT THROUGH EDUCATION, SCHOLARSHIP AND SOCIAL EXPERIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CURATORIAL ACTIVITIES INCLUDE EXHIBITION PLANNING, DEVELOPMENT AND IMPLEMENTATION; PARTICIPATING IN WADSWORTH COMMITTEES AND PROJECTS RELATING TO MUSEUM-WIDE EXHIBITION PROGRAMMING, MUSEUM-WIDE COLLECTION INSTALLATION AND INTERPRETATION; STAFFING THE CURATORIAL COMMITTEE OF THE BOARD OF TRUSTEES. COLLECTION ACTIVITIES INCLUDE CARE (CONSERVATION, FRAMING), MANAGEMENT (LOANS, INVENTORY, RECORD KEEPING), DEVELOPMENT (PURCHASES, GIFTS) AND SCHOLARLY RESEARCH OF THE AMISTAD CENTER'S COLLECTION OF MORE THAN 7,000 WORKS OF ART, ARTIFACTS AND DOCUMENTS.EXHIBITION RELATED ACTIVITIES INCLUDE THE DEVELOPMENT OF THE EXHIBITION CONCEPT, CREATION OF THE CHECKLIST OF WORKS TO BE INCLUDED IN THE EXHIBITION, COORDINATION OF LOANS AND CONSERVATION OF ARTWORK WITH MUSEUM PERSONNEL, WRITING EXPLANATORY LABELS AND WALL TEXT, WRITING AND COORDINATING THE DESIGN OF CATALOGUES OR OTHER PUBLICATIONS AND INFORMATION TO BE PRESENT ON THE WEBSITE, COORDINATING IMAGE USE PERMISSIONS, WORKING WITH ARTISTS TO CREATE OR INSTALL WORK, OPENING RECEPTIONS AND EVENTS, DOCENT TRAINING.
EDUCATION - EDUCATION RELATED ACTIVITIES INCLUDE DEVELOPMENT , IMPLEMENTATION AND MANAGEMENT OF YOUTH SERVING PROGRAMS E.G. TEEN ADVISORY GROUP (TAG), NEIGHBORHOOD STUDIOS SUMMER YOUTH PROGRAM AND FAMILY /COMMUNITY DAYS; ADULT PUBLIC PROGRAMS SUCH AS TOURS AND LECTURES; PRINTED MATERIAL DEVELOPED TO AMPLIFY EXHIBITION CONCEPTS E.G. GALLERY GUIDES, EXHIBITION CATALOGUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Kersey Executive Dir. | Officer | 40 | $71,923 |
Emilie Debrigard Vice President | OfficerTrustee | 2 | $0 |
Tamara Williams President | OfficerTrustee | 2 | $0 |
Maisie Russell Secretary | OfficerTrustee | 2 | $0 |
Joann Price Trustee | OfficerTrustee | 1 | $0 |
Martin B John Cpamspa Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $925 |
| Fundraising events | $111,260 |
| Related organizations | $0 |
| Government grants | $4,900 |
| All other contributions, gifts, grants, and similar amounts not included above | $445,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $562,170 |
| Total Program Service Revenue | $0 |
| Investment income | $21 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$16,555 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $546,671 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $94,808 |
| Compensation of current officers, directors, key employees. | $23,702 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,194 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,206 |
| Payroll taxes | $11,960 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,375 |
| Office expenses | $10,354 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $19 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,274 |
| Insurance | $5,477 |
| All other expenses | $0 |
| Total functional expenses | $330,235 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $324,560 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $90,859 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $14,055 |
| Net Land, buildings, and equipment | $146,457 |
| Investments—publicly traded securities | $11,222 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $141,197 |
| Total assets | $728,350 |
| Accounts payable and accrued expenses | $24,137 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $24,137 |
| Net assets without donor restrictions | $504,213 |
| Net assets with donor restrictions | $200,000 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $728,350 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Amistad Center For Art & Culture Inc has recieved totaling $141,671.
| Awarding Organization | Amount |
|---|---|
Hartford Foundation For Public Giving Hartford, CT PURPOSE: ARTS AND CULTURE | $29,826 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $28,474 |
Hartford Foundation For Public Giving Hartford, CT PURPOSE: CAPACITY BUILDING | $25,000 |
Greater Hartford Arts Council Incorporated Hartford, CT PURPOSE: NEIGHBORHOOD STUDIO | $20,000 |
Hartford Foundation For Public Giving Hartford, CT PURPOSE: ARTS AND CULTURE | $20,000 |
Greater Hartford Arts Council Incorporated Hartford, CT PURPOSE: OPERATING GRANTS | $12,850 |
Endowment Analysis
| Beg. Balance | $113,907 |
| Earnings | $32,811 |
| Other Expense | $5,521 |
| Ending Balance | $141,197 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Steven & Alexandra Cohen Foundation Inc Stamford, CT | $524,605,658 | $98,007,018 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |
Paul E Singer Foundation New York, NY | $412,018,579 | $19,273,091 |
Bernard And Anne Spitzer Charitable Tr New York, NY | $0 | $17,565,686 |