Ashanti Cultural Arts & Enrichment
- Assets
- $39.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Lauderdale, FL
- Founding
- 11/1993
- Data as of
- 12/2021
- EIN
- 65-0209351
Organization Overview
Ashanti Cultural Arts & Enrichment is located in Fort Lauderdale, FL. The organization was established in 1993. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Ashanti Cultural Arts & Enrichment 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, Ashanti Cultural Arts & Enrichment generated $87.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 26.4% each year . All expenses for the organization totaled $91.8k during the year ending 12/2021. While expenses have increased by 29.4% 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
2021
Describe the Organization's Program Activity:
Part 3
PROVIDED CULTURAL ARTS EDUCATION AND WELLNESS PROGRAMSTO YOUTH AND COMMUNITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Houston Jones Executive Director | 35 | $0 | |
Joe Ann Fletcher President | 5 | $0 | |
Sheri Brown Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,902 |
| Total Program Service Revenue | $9,563 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $87,465 |
| 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 | $30,951 |
| Occupancy, rent, utilities, and maintenance | $749 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $60,084 |
| Total expenses | $91,784 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,475 |
| Other assets | $0 |
| Total assets | $39,743 |
| Total liabilities | $88,460 |
| Net assets or fund balances | -$48,717 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ashanti Cultural Arts & Enrichment has recieved totaling $85,000.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Broward Inc Fort Lauderdale, FL PURPOSE: ANNUAL DISTRIBUTION | $55,000 |
Jim Moran Foundation Inc Deerfield Beach, FL PURPOSE: GENERAL OPERATING | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Family Connection Partnership Inc Atlanta, GA | $2,438,280 | $6,252,094 |
Eagle Arts Academy Inc Wellington, FL | $268,349 | $5,358,637 |
Vero Beach Museum Of Art Inc Vero Beach, FL | $60,866,235 | $8,493,938 |
Grandview Preparatory School Inc Boca Raton, FL | $15,212,269 | $5,400,121 |
Arts Center Association Inc St Petersburg, FL | $13,513,737 | $4,345,570 |
Gulfshore Opera Inc Naples, FL | $497,998 | $1,174,387 |
Jacksonville Arts And Music School Jacksonville, FL | $1,043,235 | $1,052,182 |
Realize Bradenton Inc Bradenton, FL | $630,233 | $957,046 |
Young Philosophers Society Inc Shalimar, FL | $29,328 | $903,631 |
Art League Of Marco Island Inc Marco Island, FL | $1,995,611 | $956,565 |
Arts4all Florida Tampa, FL | $1,023,964 | $852,559 |
Sunflower Creative Arts Inc Delray Beach, FL | $1,506,931 | $782,866 |