Black Arts Mke Inc
- Assets
- $700.5k
- Revenue
- $695.8k
- Investments
- $0.0
- Employees
- 2
- Location
- Milwaukee, WI
- Founding
- 02/2015
- Data as of
- 12/2021
- 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 12/2021, Black Arts Mke Inc employed 2 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 12/2021, Black Arts Mke Inc generated $695.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $370.5k during the year ending 12/2021. While expenses have increased by 14.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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
THE MOST IMPACTFUL DEVELOPMENTS RESULTED FROM EARNING $100K NATIONAL FUNDING FROM THE BLACK SEED TO SUPPORT CAPACITY BUILDING. SECOND, 2021 WAS BLACK ARTS MKE'S FIRST FULL YEAR AS A UNITED PERFORMING ARTS FUND (UPAF) MEMBER GROUP ORGANIZATION. AS A UPAF MEMBER GROUP, WE EARNED YEAR-ROUND FOUNDATIONAL GENERAL OPERATING AND ARTS EDUCATION FUNDING.ON THE PROGRAMMING FRONT, BLACK ARTS MKE AGAIN HELD A MODIFIED SUMMER YOUTH PERFORMING ARTS CAMP IN JULY IN ACCORDANCE WITH CDC GUIDELINES. IN FALL 2021, WE HELD A "WELCOME BACK TO THE ARTS" MODESTLY ATTENDED (DUE TO COVID FEARS) MUSIC CONCERT AND ALSO RE-LAUNCHED IN-PERSON AFTER SCHOOL ARTS EDUCATION PROGRAMMING FOR THE FALL/WINTER 2021-22 SEASON. THANKS TO SIGNIFICANT STATE AND PERFORMING ARTS SECTOR FUNDING SUPPORT, WE WERE ABLE TO OFFICIALLY RE-OPEN THE 2021-22 SEASON WITH OUR SIGNATURE MUSICAL THEATER PRODUCTION OF BLACK NATIVITY BY LANGSTON HUGHES (SUPPORTING 34 CAST AND CREW MEMBERS)IN DECEMBER 2021. THIS IS A NOTEWORTHY ACHIEVEMENT DUE TO OUR OBSERVING STRICT ACTOR'S EQUITY ASSOCIATION GUIDELINES FOR COVID-19 AND KEEPING EVERYONE HEALTHY AND SAFE DURING THE ENTIRE PERFORMANCE REHEARSAL AND RUN.PRE-PANDEMIC (2019), BLACK ARTS MKE EMPLOYED 100 PERFORMING BIPOC ARTISTS (NEARLY $240K ARTIST 1099 WAGES). WHILE 2021 SAW A 59 PERCENT DECREASE COMPARED TO 2019, WE MORE THAN DOUBLED ARTIST FINANCIAL SUPPORT OVER 2020 - THE FIRST YEAR OF THE PANDEMIC. IN 2021 AND BEYOND, BLACK ARTS MKE BOARD AND STAFF WILL CONTINUE TO FOCUS ON OUR FIVE-YEAR STRATEGIC PLAN. THANKS TO GENEROUS ARTS SECTOR SUPPORT, WE WILL CONTINUE TO EXECUTE AGAINST OUR GOALS FOR CAPACITY BUILDING, COMMUNITY ENGAGEMENT AND PARTNERSHIP ACTIVITIES, AND MARKETING/PROMOTIONAL EFFORTS TO ENCOURAGE ATTENDANCE AND PARTICIPATION.
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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 |
Grady L Crosby Finance Chair | OfficerTrustee | 1 | $0 |
Barbara Wanzo Executive Director | Officer | 60 | $0 |
Christopher Rowland Director | Trustee | 1 | $0 |
Eric L Conley Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $113,668 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $283,733 |
| All other contributions, gifts, grants, and similar amounts not included above | $219,200 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $616,601 |
| Total Program Service Revenue | $78,820 |
| 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 | $695,804 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $15,000 |
| 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 | $122,269 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $8,800 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $121,477 |
| Advertising and promotion | $4,780 |
| Office expenses | $4,640 |
| Information technology | $3,705 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $406 |
| 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 | $1,165 |
| Insurance | $2,278 |
| All other expenses | $0 |
| Total functional expenses | $370,530 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $588,958 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $97,164 |
| Accounts receivable, net | $4,365 |
| 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 | $1,673 |
| Net Land, buildings, and equipment | $1,634 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $6,716 |
| Other assets | $0 |
| Total assets | $700,510 |
| Accounts payable and accrued expenses | $7,290 |
| 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 | $7,290 |
| Net assets without donor restrictions | $563,850 |
| Net assets with donor restrictions | $129,370 |
| 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 | $700,510 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Black Arts Mke Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Youth Foundation Inc Milwaukee, WI PURPOSE: ARTS GRANT | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Walker Art Center Inc Minneapolis, MN | $379,213,744 | $50,426,261 |
Flint Cultural Center Corporation Inc Flint, MI | $82,664,438 | $21,920,278 |
Midland Center For The Arts Inc Midland, MI | $105,520,024 | $38,518,398 |
John Michael Kohler Arts Center Inc Sheboygan, WI | $91,886,755 | $7,533,321 |
Puerto Rican Cultural Center Chicago, IL | $9,175,566 | $9,769,703 |
United States Artists Inc Chicago, IL | $40,639,117 | $6,830,121 |
Kohler Trust For The Arts And Education Kohler, WI | $9,068,772 | $5,585,156 |
American College Of Occupational And Environmental Medicine Elk Grove Village, IL | $5,115,240 | $3,683,433 |
Success Institute Minneapolis, MN | $1,766,984 | $4,353,040 |
Winnetka Community House Winnetka, IL | $15,269,238 | $4,423,430 |
Brucemore Inc Cedar Rapids, IA | $18,035,244 | $1,902,736 |
Milwaukee County War Memorial Inc Milwaukee, WI | $14,315,972 | $2,406,675 |