African American Arts Alliance Of Chicago
- Assets
- $279.0k
- Revenue
- $232.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 07/1999
- Data as of
- 12/2022
- EIN
- 36-4206772
Organization Overview
African American Arts Alliance Of Chicago is located in Chicago, IL. The organization was established in 1999. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. African American Arts Alliance Of Chicago 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, African American Arts Alliance Of Chicago generated $232.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $125.4k during the year ending 12/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE AFRICAN AMERICAN ARTS ALLIANCE OF CHICAGO IS TO INCREASE THE INTERACTION COMMUNICATION AND DEVELOPMENT OF AFRICAN AMERICAN ARTS ORGANIZATIONS AND ARTISTS WHILE DELIVERING PROGRAMS THAT INCREASE THEIR VISIBILITY MARKETABILITY STABILITY AND SUSTAINABILITY. OUR MEMBERSHIP INCLUDES ORGANIZATIONS AND INDIVIDUAL ARTISTS IN THE FIELDS OF THEATER DANCE MUSIC LITERATURE FILM TECHNOLOGY AND VISUAL ARTS. WE SERVE AS AN ADVOCATE ON BEHALF OF OUR MEMBERSHIP TO ENSURE THAT THEY ARE RECOGNIZED AS IMPORTANT ECONOMIC CONTRIBUTORS TO THE CULTURAL FABRIC OF OUR CITY AND STATE WHILE INCREASING THEIR VISIBILITY AND SUPPORT WITHIN THE LOCAL AND NATIONAL FUNDING COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORKSHOPS FOR ARTISTS AND ARTS ORGANIZATIONS IN GRANT WRITING MARKETING AND FINANCIAL MANAGEMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jackie Taylor Treasurer | OfficerTrustee | 20 | $0 |
Charlique Rolle Board President | Officer | 10 | $0 |
Vershawn Sanders Ward Board Vice President | Officer | 10 | $0 |
Runako Jahi Director | Trustee | 5 | $0 |
Cheryl Lynn Bruce Director | Trustee | 5 | $0 |
Troy O Pryor Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $3,143 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $220,374 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $227,017 |
| Total Program Service Revenue | $5,010 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $232,027 |
| 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. | $73,057 |
| Compensation of current officers, directors, key employees. | $73,057 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $42,483 |
| Advertising and promotion | $3,996 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $0 |
| All other expenses | $5,867 |
| Total functional expenses | $125,403 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $278,976 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $278,976 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $278,976 |
| Net assets with donor restrictions | $0 |
| 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 | $278,976 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that African American Arts Alliance Of Chicago has recieved totaling $56,750.
| Awarding Organization | Amount |
|---|---|
Walder Family Foundation Wilmington, DE PURPOSE: SUPPORTING SALARY OF THE EXECUTIVE DIRECTOR | $40,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $9,750 |
Field Foundation Of Illinois Inc Chicago, IL PURPOSE: MEMBERSHIP & ENGAGEMENT MANAGER NEW HIRE. | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Xilin Association Naperville, IL | $12,598,831 | $16,219,708 |
Great Lakes Inter-Tribal Council Inc Lac Du Flambeau, WI | $2,692,230 | $12,711,243 |
Madam Walker Legacy Center Indianapolis, IN | $11,815,867 | $1,800,443 |
National Museum Of Mexican Art Chicago, IL | $19,674,194 | $15,502,542 |
Cityserve International Springfield, MO | $3,073,627 | $2,894,245 |
Instituto Cervantes Of Chicago Inc Chicago, IL | $741,739 | $2,489,461 |
The Alliance Francaise French House Of Chicago Chicago, IL | $5,091,056 | $2,088,000 |
Blackhawk Area Cu Savanna, IL | $44,108,339 | $1,720,364 |
Puerto Rican Arts Alliance Chicago, IL | $5,828,545 | $2,540,329 |
The National Museum Of Puerto Rican Arts And Culture Chicago, IL | $8,152,716 | $2,503,474 |
Hispanic-American Construction Industry Association Chicago, IL | $735,168 | $1,371,038 |
Siouxland Expo Center Sioux City, IA | $20,203,719 | $764,942 |