Madam Walker Legacy Center

Organization Overview

Madam Walker Legacy Center is located in Indianapolis, IN. The organization was established in 1980. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Madam Walker Legacy Center employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madam Walker Legacy Center 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 06/2022, Madam Walker Legacy Center generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.7% each year . All expenses for the organization totaled $2.6m during the year ending 06/2022. While expenses have increased by 16.2% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MADAM WALKER LEGACY CENTER WAS ORGANIZED TO RESTORE, RENOVATE, MAINTAIN, OPERATE AND LEASE SPACE IN THE WALKER BUILDING WHICH IS USED FOR EDUCATIONAL, CHARITABLE, HISTORICAL AND CULTURAL PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO RESTORE, RENOVATE, MAINTAIN, OPERATE AND LEASE SPACE IN THE WALKER BUILDING WHICH IS USED FOR EDUCATIONAL, CHARITABLE, HISTORICAL, AND CULTURAL PURPOSES.


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Board, Officers & Key Employees

Name (title)Compensation
Joyce Rogers
Director
$0
Lacy Johnson
Director
$0
Charles Johnson
Treasurer
$0
Camy Broeker
Director
$0
Jarnell Burks-Craig
Director
$0
Martha Lamkin
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,078,734
Noncash contributions included in lines 1a–1f $428,464
Total Revenue from Contributions, Gifts, Grants & Similar$1,078,734
Total Program Service Revenue$0
Investment income $70,990
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $379,097
Net Gain/Loss on Asset Sales $1,386,536
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,325,011

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