Black Arts Mke Inc
- Assets
- $770.4k
- Revenue
- $841.8k
- Investments
- $0.0
- Employees
- 8
- Location
- Milwaukee, WI
- Founding
- 02/2015
- Data as of
- 12/2023
- EIN
- 47-1889202
Organization Overview
Black Arts Mke Inc is located in Milwaukee, WI. The organization was established in 2015. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Black Arts Mke Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Black Arts Mke 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 12/2023, Black Arts Mke Inc generated $841.8k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $955.9k during the year ending 12/2023. While expenses have increased by 23.2% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE THE AVAILABILITY AND QUALITY OF AFRICAN AMERICAN ARTS AND CULTURE
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLACK ARTS MKE HIRED TWO NEW FULL-TIME EMPLOYEES TO ASSIST WITH ADMINISTRATIVE PROJECTS AND DIGITAL MARKETING INITIATIVES. OVER 100 PERFORMING BIPOC ARTISTS WERE HIRED FOR OUR PROGRAMMING WHICH PROVIDED EMPLOYMENT OPPORTUNITIES FOR INDEPENDENT CONTRACTORS ($273K ARTIST 1099 EARNINGS). THIS REPRESENTS A 15 PERCENT INCREASE OVER OUR 2019 PRE-PANDEMIC HIGH OF $240K PER YEAR. WE CONTINUE TO LOOK FOR INNOVATIVE WAYS TO IMPROVE OPERATIONAL EFFICIENCIES. IN 2023, PROGRAMMING INCLUDED OUR SUCCESSFUL "THEATRE FOR YOUNG AUDIENCES," A 3-WEEK MUSICAL REPERTORY SERIES DURING BLACK HISTORY MONTH. "HIP HOP HOORAY!" CELEBRATED THE 50TH ANNIVERSARY OF HIP HOP, WRITTEN BY A LOCAL PLAYWRIGHT AND PERFORMED BY AFRICAN-AMERICAN MKE-BASED ACTORS. OUR 7TH ANNUAL I AM. YOUNG, GIFTED & BLACK PERFORMING ARTS SUMMER CAMP FOR HIGH SCHOOL STUDENTS FEATURED OR A MONTH-LONG PERFORMING ARTS COURSE FOCUSING ON ALL ASPECTS OF MUSICAL THEATRE INCLUDING BACKSTAGE OPPORTUNITIES. WE INCREASED OUR YOUTH INTERN PROGRAM BY FOUR NEW HIGH SCHOOL YOUTH. THESE PAID INTERNS WORK WITH BLACK ARTS MKE TEAM THROUGHOUT THE YEAR. WE EXPANDED OUR SUCCESSFUL ANNUAL MKE BLACK THEATRE FESTIVAL TO A FULL 3-WEEK REPERTORY SCHEDULE FEATURING FULL THEATRICAL PRODUCTIONS, AN AUDITION MASTERCLASS, AND A POPULAR SPOKEN WORD EVENT. WE HELD THESE AFFORDABLE EVENTS THROUGHOUT THE COMMUNITY IN AUGUST. FINALLY, WE HELD OUR 8TH ANNUAL SIGNATURE PRODUCTION OF BLACK NATIVITY BY LANGSTON HUGHES AT THE END OF THE YEAR.FINALLY, WE CONTINUE TO GROW OUR COMMUNITY AND PATRON AUDIENCES VIA DIGITAL METHODS INCLUDING OUR NEW "GREEN" DIGITAL PROGRAMS, SOCIAL MEDIA AND WEBSITE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory L Nettles Board Chair | OfficerTrustee | 1 | $0 |
Danielle Bly Director | OfficerTrustee | 1 | $0 |
Christopher Rowland Director | Trustee | 1 | $0 |
Grady L Crosby Finance Chair | OfficerTrustee | 1 | $0 |
Steven D Zimmerman Director | Trustee | 1 | $0 |
Eric L Conley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $168,607 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $126,920 |
| All other contributions, gifts, grants, and similar amounts not included above | $426,369 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $721,896 |
| Total Program Service Revenue | $119,155 |
| Investment income | $723 |
| 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 | $841,774 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $404,620 |
| Fees for services: Legal | $116 |
| Fees for services: Accounting | $23,105 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $273,015 |
| Advertising and promotion | $7,427 |
| Office expenses | $7,003 |
| Information technology | $8,680 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,571 |
| 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 | $3,563 |
| Insurance | $5,275 |
| All other expenses | $313 |
| Total functional expenses | $955,908 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $564,850 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $187,613 |
| Accounts receivable, net | $12,915 |
| 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 | $3,465 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,582 |
| Other assets | $0 |
| Total assets | $770,425 |
| Accounts payable and accrued expenses | $97,925 |
| 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 | $97,925 |
| Net assets without donor restrictions | $481,812 |
| Net assets with donor restrictions | $190,688 |
| 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 | $770,425 |