In Black Ink
- Assets
- $222.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Paul, MN
- Founding
- 02/2018
- Data as of
- 12/2021
- EIN
- 82-4012406
Organization Overview
In Black Ink is located in Saint Paul, MN. The organization was established in 2018. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, 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. In Black Ink 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, In Black Ink generated $182.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 27.3% each year . All expenses for the organization totaled $165.0k 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
ZOOM WRITER'S HEALING EVENT, TRAINING SESSIONS (EDITING WORKSHOP/MINI APPRENTICESHIP) WITH APPROXIMATELY 90+ PARTICIPANTS.SANKOFA BOOK READINGS (SUBTEXT BOOKS, MN AFRICAN AMERICAN HERITAGE MUSEUM & GALLERY, RONDO LIBRARY IN SAINT PAUL) WITH APPROXIMATELY 100 PARTICIPANTS. ARCHIVE OF ELDER COLLECTIONS. IN PROGRESS - PRODUCTION OF ROOT WISDOM BOOK.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rekhet Si-Asar Executive Director | 20 | $38,976 | |
Akil Foluke Treasurer | 5 | $0 | |
Kwasi Nate Russell Board Chair | 5 | $0 | |
Tamehkha Usekhab Member | 5 | $0 | |
Sheryl Harris Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,390 |
| Total Program Service Revenue | $12,226 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $247 |
| Total Revenue | $182,768 |
| 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 | $113,050 |
| Occupancy, rent, utilities, and maintenance | $8,129 |
| Printing, publications, postage, and shipping | $1,166 |
| Other expenses | $42,620 |
| Total expenses | $164,965 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $215,978 |
| Other assets | $0 |
| Total assets | $222,711 |
| Total liabilities | $0 |
| Net assets or fund balances | $222,711 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that In Black Ink has recieved totaling $85,000.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $40,000 |
Headwaters Foundation For Justice Minneapolis, MN PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |
National Book Foundation Inc New York, NY PURPOSE: LITERARY ARTS EMERGENCY FUND GRANT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Graywolf Press Minneapolis, MN | $6,471,480 | $4,234,529 |
National Scholastic Press Association Minneapolis, MN | $1,606,709 | $1,839,940 |
Minnpost Minneapolis, MN | $1,303,702 | $1,954,386 |
Wcij Inc Madison, WI | $2,099,123 | $1,902,825 |
Iowa State Daily Publication Ames, IA | $272,602 | $1,179,802 |
Student Publications Incorporated Iowa City, IA | $1,877,075 | $1,687,333 |
Coffee House Press Inc Minneapolis, MN | $1,101,126 | $1,040,761 |
Progressive Inc Madison, WI | $339,899 | $1,449,117 |
Center For Media And Democracy Inc Madison, WI | $1,991,473 | $1,140,052 |
Printing Industry Midwest Inc Golden Valley, MN | $3,370,388 | $722,427 |
The Society Of Gilbert Keith Chesterton Hopkins, MN | $173,650 | $743,302 |
Great Lakes Graphics Association Inc Pewaukee, WI | $1,005,677 | $664,445 |