Beck Cultural Exchange Center Inc
- Assets
- $3.4m
- Revenue
- $809.0k
- Investments
- $0.0
- Employees
- 5
- Location
- Knoxville, TN
- Founding
- 06/1975
- Data as of
- 06/2022
- EIN
- 51-0141454
Organization Overview
Beck Cultural Exchange Center Inc is located in Knoxville, TN. The organization was established in 1975. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Beck Cultural Exchange Center Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beck Cultural Exchange Center 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 06/2022, Beck Cultural Exchange Center Inc generated $809.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 23.0% each year . All expenses for the organization totaled $381.1k during the year ending 06/2022. While expenses have increased by 5.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
BECK IS THE PLACE WHERE AFRICAN AMERICAN HISTORY AND CULTURE ARE PRESERVED
Describe the Organization's Program Activity:
Part 3 - Line 4a
BECK IS THE PLACE WHERE AFRICAN-AMERICAN HISTORY CULTURE ARE PRESERVED. BECK WAS ESTABLISHED IN 1975 AS A PRIMARY REPOSITORY OF BLACK HISTORY AND CULTURE IN EAST TENNESSEE AND IS THE STOREHOUSE OF REGIONAL AFRICAN AMERICAN HISTORY AND CULTURE WITH AN EXTENSIVE ARCHIVE COLLECTION. THE HISTORIC MANSION FEATURES PREMIER EXHIBITS, ARTWORK, ARTIFACTS AND MEMORABILIA. BECK HAS A FULL RESEARCH CENTER, AN EXTENSIVE LIBRARY COLLECTION AND A CULTURAL EXPERIENCE LIKE NO OTHER. BECK REMAINS DEDICATED YEAR ROUND TO RESEARCHING, COLLECTING, CONSERVING, PRESERVING AND EXHIBITING WORKS OF ART, WRITINGS, ARTIFACTS, MEMORABILIA, AND OTHER EVIDENCE RELATING TO THE HISTORY AND CULTURE OF AFRICAN AMERICAN IN THIS REGION WHILE FOSTERING AND PROMOTING EDUCATIONAL, ARTISTIC AND CULTURAL ACTIVITIES AND EXPERIENCES. BECK REACHES MORE THAN 20,000 GUESTS THROUGH THE CENTER AND ITS OUTSIDE COMMUNITY SPEAKING ENGAGEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Renee Kesler CEO Presiden | OfficerTrustee | 50 | $60,776 |
Sam Anderson Treasurer | OfficerTrustee | 1 | $0 |
Dr Stan Bowie Director | Trustee | 1 | $0 |
Arnold G Cohen 2nd Vice Pre | OfficerTrustee | 1 | $0 |
Dr Mark Dean Director | Trustee | 1 | $0 |
Rev George E Doebler Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $8,772 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $549,632 |
| All other contributions, gifts, grants, and similar amounts not included above | $240,017 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $798,421 |
| Total Program Service Revenue | $0 |
| Investment income | $3,109 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,700 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $710 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,090 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $809,030 |
| 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 | $151,020 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,697 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100,820 |
| Advertising and promotion | $0 |
| Office expenses | $8,412 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $29,640 |
| Travel | $0 |
| 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 | $64,761 |
| Insurance | $14,786 |
| All other expenses | $0 |
| Total functional expenses | $381,136 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,644,100 |
| Savings and temporary cash investments | $7,395 |
| 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 | $1,727,081 |
| Investments—publicly traded securities | $17,853 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,396,429 |
| Accounts payable and accrued expenses | $22,599 |
| 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 | $8,071 |
| Total liabilities | $30,670 |
| Net assets without donor restrictions | $3,355,759 |
| Net assets with donor restrictions | $10,000 |
| 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 | $3,396,429 |