Afrimerican Culture Initiative Inc
- Assets
- $20.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hyde Park, MA
- Founding
- 01/2016
- Data as of
- 12/2021
- EIN
- 81-0825401
Organization Overview
Afrimerican Culture Initiative Inc is located in Hyde Park, MA. The organization was established in 2016. 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. Afrimerican Culture Initiative 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 12/2021, Afrimerican Culture Initiative Inc generated $19.4k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $26.5k during the year ending 12/2021. 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
SUMMER EVENT
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marlon Solomon President Clerk | 40 | $6,000 | |
Supo Kehinde Treasurer | 5 | $0 | |
Donkor Minors Vice President | 5 | $0 | |
Dapo Olagbaju Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,390 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $19,390 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,895 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,218 |
| Other expenses | $14,416 |
| Total expenses | $26,529 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $20,377 |
| Other assets | $0 |
| Total assets | $20,377 |
| Total liabilities | $15,000 |
| Net assets or fund balances | $5,377 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Afrimerican Culture Initiative Inc has recieved totaling $29,585.
| Awarding Organization | Amount |
|---|---|
Boston After School & Beyond Inc Boston, MA PURPOSE: TO FURTHER THE MISSION OF THE SUMMER LEARNING COMMUNITY | $29,585 |
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|---|---|---|
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National Yiddish Book Center Inc Amherst, MA | $63,979,400 | $12,290,218 |
Hispanic Society Of America New York, NY | $100,790,486 | $5,124,176 |
Columbus Citizens Foundation Inc New York, NY | $32,932,983 | $6,043,809 |
Swiss Institute New York, NY | $5,483,468 | $4,486,430 |
The Workmens Circle Arbeter Ring Incorporated New York, NY | $40,155,204 | $3,248,855 |
An Claidheamh Soluis Inc New York, NY | $72,072,476 | $13,153,865 |
Circle Lodge-Camp Kinder Ring Of The Workmens Circle Incorporated Hopewell Junction, NY | $6,012,413 | $4,542,835 |
Tibet House Inc New York, NY | $7,378,902 | $3,678,339 |
Spanish Speaking Elderly Council - Raices Inc Brooklyn, NY | $947,855 | $3,320,048 |
English Speaking Union Of The United States New York, NY | $30,832,644 | $4,010,219 |