African American Cultural Society Inc is located in Palm Coast, FL. The organization was established in 1993. 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. As of 06/2022, African American Cultural Society Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. African American Cultural Society 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, African American Cultural Society Inc generated $101.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $171.3k during the year ending 06/2022. While expenses have increased by 13.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROMOTE CULTURAL PROGRAMS AND ACTIVITIES THAT ENHANCE THE UNDERSTANDING OF THE AFRICAN AMERICAN CULTURE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edmund G Pinto Jr Director | 5 | $0 | |
Sybil Dodson-Lucas Director | 5 | $0 | |
Jean Tanner Director | 5 | $0 | |
Richard Barnes Director | 5 | $0 | |
Daniel Isaac Director | 5 | $0 | |
Stephanie Mathews Director | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $23,310 |
Total Program Service Revenue | $24,454 |
Membership dues | $29,751 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $24,321 |
Other Revenue | $0 |
Total Revenue | $101,836 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $14,145 |
Professional fees and other payments to independent contractors | $1,988 |
Occupancy, rent, utilities, and maintenance | $148,507 |
Printing, publications, postage, and shipping | $6,709 |
Other expenses | $0 |
Total expenses | $171,349 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,194 |
Other assets | $0 |
Total assets | $287,603 |
Total liabilities | $0 |
Net assets or fund balances | $287,603 |
Over the last fiscal year, we have identified 2 grants that African American Cultural Society Inc has recieved totaling $2,903.
Awarding Organization | Amount |
---|---|
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $2,777 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $126 |
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National Black Arts Festival Inc Atlanta, GA | $1,026,989 | $1,260,210 |
Florida Education Association Altamonte Springs, FL | $560,283 | $488,881 |
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Alliance Francaise Of Atlanta Inc Atlanta, GA | $569,418 | $608,131 |
Friends Of Goethe Inc Atlanta, GA | $351,250 | $557,862 |
Centro Cultural Espanol De Cooperacion Iberoamericana Inc Miami, FL | $443,362 | $551,333 |
Philippine Cultural Foundation Inc Tampa, FL | $1,277,183 | $484,563 |