Crossroads Cultural Arts Center
- Assets
- $71.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Clarksdale, MS
- Founding
- 02/2020
- Data as of
- 12/2020
- EIN
- 47-3839541
Organization Overview
Crossroads Cultural Arts Center is located in Clarksdale, MS. The organization was established in 2020. 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. Crossroads Cultural Arts Center 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 12/2020, Crossroads Cultural Arts Center generated $44.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (42.9%) each year. All expenses for the organization totaled $46.9k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
DUE TO COVID PANDEMIC IN 2020, PROGRAMMING WAS HALTED AT CROSSROADS CULTURAL ARTS CENTER, A FACILITY FOR CULTURAL GATHERINGS. DURING 2020 THE ORGANIZATION FOCUSED ON CREATING PLANS TO TRANSITION TO ONLINE PROGRAMMING AS WELL AS INCREASING ORGANIZATIONAL CAPACITY. THROUGHOUT THE YEAR A FEW MEETINGS WERE HELD AND BASIC SUPPLIES WERE PURCHASED FOR THESE COMMUNITY DISCUSSIONS AND MAINTAINING FACILITY'S PREPARATION FOR MEETINGS. WHILE MOST PROGRAMMING WAS SUSPENDED, THE FACILITY REMAINED OPERATIONAL AND CONTINUED ONLINE CONTACT WITH CONSTITUENTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tarra Slack Chair | 1 | $0 | |
Nina Woodruff Treasurer | 1 | $0 | |
Karen Woods-Done Board Member | 1 | $0 | |
Steven Jossell Board Member | 1 | $0 | |
Ed Whitfield Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,950 |
| Total Program Service Revenue | $3,136 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,086 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $23,063 |
| Occupancy, rent, utilities, and maintenance | $16,512 |
| Printing, publications, postage, and shipping | $8 |
| Other expenses | $7,355 |
| Total expenses | $46,938 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $8,237 |
| Other assets | $0 |
| Total assets | $71,595 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,595 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Crossroads Cultural Arts Center has recieved totaling $32,500.
| Awarding Organization | Amount |
|---|---|
Jessie Smith Noyes Foundation Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
Jessie Smith Noyes Foundation Inc New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nashville International Center For Empowerment Nashville, TN | $897,200 | $2,966,739 |
Deutsches Haus Inc New Orleans, LA | $8,197,110 | $1,605,312 |
Whitney Institute Wallace, LA | $986,307 | $1,905,453 |
Tricycle Theater For Youth Bentonville, AR | $342,355 | $653,732 |
Our Pride Encompasses Nashville Nashville, TN | $362,350 | $788,648 |
Mississippi Center For Cultural Production Utica, MS | $3,688,301 | $3,105,813 |
Klondike Smokey City Community Development Corporation Inc Memphis, TN | $179,768 | $628,242 |
Irf Incorporated Crowley, LA | $260,827 | $514,909 |
Louisiana Hispanic Chamer Of Commerce Inc New Orleans, LA | $278,682 | $395,746 |
Black Business Association Memphis, TN | $644,140 | $551,090 |
Humboldt Chamber Of Commerce Humboldt, TN | $358,261 | $299,482 |
Japan-America Society Of Tennessee Inc Nashville, TN | $931,671 | $283,170 |