Amistad Research Center
- Assets
- $5.6m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 21
- Location
- New Orleans, LA
- Founding
- 03/1989
- Data as of
- 12/2022
- EIN
- 72-0689313
Organization Overview
Amistad Research Center is located in New Orleans, LA. The organization was established in 1989. 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 12/2022, Amistad Research Center employed 21 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amistad Research 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 12/2022, Amistad Research Center generated $1.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $1.3m during the year ending 12/2022. While expenses have increased by 10.5% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
COLLECTS ORIGINAL SOURCE MATERIALS ON AMERICAN ETHNIC HISTORY, RACE RELATIONS AND CIVIL RIGHTS AND THE AFRICAN DIASPORA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLECTS AND MAKES ACCESSIBLE TO RESEARCH SCHOLARS, BOOKS, PERIODICALS, PHOTOGRAPHS,MICROFORMS,FILM AND VIDEOTAPE TO SUPPORT ITS MANUSCRIPT COLLECTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kara Tucina Olidge Executive Director | Officer | 40 | $81,680 |
Dr Rosanne Adderley Member | Trustee | 2 | $0 |
Kim Boyle ESQ President/chair | OfficerTrustee | 2 | $0 |
Ronald Carrere Member | Trustee | 2 | $0 |
Ronald Wilson ESQ Member | Trustee | 2 | $0 |
Theon Wilson ESQ Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $276,474 |
| All other contributions, gifts, grants, and similar amounts not included above | $472,473 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $748,947 |
| Total Program Service Revenue | $153,391 |
| Investment income | $119,957 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,027,466 |
| 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. | $149,388 |
| Compensation of current officers, directors, key employees. | $74,694 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $487,308 |
| Pension plan accruals and contributions | $43,675 |
| Other employee benefits | $91,520 |
| Payroll taxes | $52,617 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,048 |
| Fees for services: Accounting | $38,078 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,862 |
| Advertising and promotion | $11,208 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $16,449 |
| 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 | $0 |
| Insurance | $39,245 |
| All other expenses | $222,287 |
| Total functional expenses | $1,258,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $305,941 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $32,551 |
| Accounts receivable, net | $7,381 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $467,259 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $5,001 |
| Investments—publicly traded securities | $1,832,032 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,965,000 |
| Total assets | $5,615,165 |
| Accounts payable and accrued expenses | $19,780 |
| 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 | $0 |
| Total liabilities | $19,780 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $5,595,385 |
| 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 | $5,615,165 |