Black Cube is located in Englewood, CO. The organization was established in 2015. 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. Black Cube 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, Black Cube generated $700.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.1% each year . All expenses for the organization totaled $550.2k during the year ending 12/2022. While expenses have increased by 10.8% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLACK CUBE SUPPORTS POP UP ART EXHIBITIONS AND PROFESSIONAL DEVELOPMENT. ARTISTS LEARN NEW SKILLS AND ARE PROVIDED PROFESSIONAL DEVELOPMENT SUPPORT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Merage Secretary/treasurer | 2 | $0 | |
Laura Merage President/chairman | 15 | $0 | |
Sue Renner Member | 2 | $0 | |
Cortney Stell Executive Director | 40 | $124,537 | |
Hannah James Program Manager | 40 | $58,653 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $688,850 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $11,156 |
Total Revenue | $700,006 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $195,406 |
Pension plans, employee benefits | $32,544 |
Interest | $0 |
Taxes | $15,130 |
Depreciation | $5,513 |
Occupancy | $8,636 |
Travel, conferences, and meetings | $57,527 |
Printing and publications | $0 |
Other expenses | $216,051 |
Total operating and administrative expenses | $550,241 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $550,241 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $264,307 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $30,519 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $294,826 |
Accounts payable and accrued expenses | -$11,512 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $3,021 |
Total liabilities | -$8,491 |