Inner City Cultural League Inc
- Assets
- $694.2k
- Revenue
- $258.8k
- Investments
- $0.0
- Employees
- 21
- Location
- Dover, DE
- Founding
- 09/2006
- Data as of
- 12/2022
- EIN
- 43-2106496
Organization Overview
Inner City Cultural League Inc is located in Dover, DE. The organization was established in 2006. 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 12/2022, Inner City Cultural League Inc employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Inner City Cultural League 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, Inner City Cultural League Inc generated $258.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.1% each year. All expenses for the organization totaled $235.4k during the year ending 12/2022. While expenses have increased by 14.2% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE ARTS AND CULTURAL ACTIVITIES FOR YOUTH AND THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AFTER SCHOOL PROGRAM PROVIDED AFTER SCHOOL CARE AND ACTIVITIES FOR YOUTH
TECHNOLOGY ADVANCING HEALTH & WELLNESS BLACK HISTORY KWANZAA MLK PERSONAL DEVELOPMENT
SANKOFA DANCE AND MUSIC AFRICAN DANCE AND DRUM TRAINING IN ADDITION TO MUSIC LESSONS AND TRAINING
TOBACCO PREVENTION PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathrina Stroud Executive Director | OfficerTrustee | 40 | $26,000 |
John Moore Board Member | Trustee | 0 | $0 |
Robert Harris Board Member | Trustee | 0 | $0 |
Trey Paradee Board Member | Trustee | 0 | $0 |
Lisa Irving Member | Trustee | 0 | $0 |
Reuben Salters Founder | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $6,512 |
| Related organizations | $0 |
| Government grants | $211,778 |
| All other contributions, gifts, grants, and similar amounts not included above | $32,068 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $250,358 |
| Total Program Service Revenue | $810 |
| Investment income | $457 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $7,145 |
| 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 | $258,770 |
| 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. | $128,253 |
| Compensation of current officers, directors, key employees. | $49,095 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,290 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,780 |
| 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 | $22,545 |
| Information technology | $583 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $594 |
| 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 | $4,725 |
| Insurance | $7,225 |
| All other expenses | $51,020 |
| Total functional expenses | $235,390 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $124,730 |
| Savings and temporary cash investments | $5 |
| 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 | $569,418 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $694,153 |
| 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 | $14,670 |
| Total liabilities | $14,670 |
| Net assets without donor restrictions | $667,490 |
| Net assets with donor restrictions | $11,993 |
| 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 | $694,153 |