First African Foundation
- Assets
- $25.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lexington, KY
- Founding
- 07/2011
- EIN
- 27-4681174
Organization Overview
First African Foundation is located in Lexington, KY. The organization was established in 2011. According to its NTEE Classification (A60) the organization is classified as: Performing 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. First African Foundation 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 undefined, First African Foundation generated $235.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $320.0 during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (68.3%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Limited Data Available: This organization filed their most recent 990 in paper format. This filing methodology limits the information that can be extracted from the filing.Limited Data Available: This organization is one of the few in our database that filed their most recent 990 with the IRS in paper format. This filing methodology limits the information that can be extracted from the filing. This will, however, be changing soon; The IRS now requires all organizations to file their 990s electronically.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $235 |
| 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 | $235 |
| Statement of Expenses | |
|---|---|
| Total expenses | $320 |
| Balance Sheet | |
|---|---|
| Total assets | $25,189 |
| Total liabilities | $0 |
| Net assets or fund balances | $25,189 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cave Hill Investment Company Louisville, KY | $206,891,533 | $9,697,721 |
Metropolitan School Of The Arts Alexandria, VA | $1,125,949 | $3,020,151 |
Paramount Theater Of Charlottesville Inc Charlottesville, VA | $2,248,840 | $3,822,333 |
Cumberland Plateau Company Inc Lebanon, VA | $9,644,678 | $675,012 |
Tiffin Theatre Inc Tiffin, OH | $2,679,846 | $1,395,141 |
Artists In Motion Inc Indianapolis, IN | $1,277,049 | $1,242,334 |
Canton Palace Theater Association Canton, OH | $2,184,067 | $959,253 |
Hoogland Center For The Arts Inc Springfield, IL | $6,969,049 | $1,022,079 |
Lorain Civic Center Committee Inc Lorain, OH | $2,570,344 | $1,085,093 |
Friends Of@levitt Pavilion Dayton Dayton, OH | $909,981 | $831,541 |
Kuumba Lynx Chicago, IL | $1,227,292 | $991,440 |
International Violin Competition Of Indianapolis Inc Indianapolis, IN | $1,812,080 | $819,704 |