Black Inventors Hall Of Fame is located in Wharton, NJ. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, 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. Black Inventors Hall Of Fame 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, Black Inventors Hall Of Fame generated $56.8k in total revenue. All expenses for the organization totaled $75.8k during the year ending 12/2021.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE WORK OF THE BLACK INVENTORS HALL OF FAME IS TO SHARE THE STORY OF AFRICAN AMERICAN INVENTORS. BLACK INVENTORS HALL OF FAME SERVES AS A CONDUIT FOR A BROADER AND DEEPER INTERPRETIVE LIFE COMMUNITY THAT HAS ENDURED THE CHALLENGE OF A LACK OF FRANCHISE TO UPLIFT AND MOVE A NATION FORWARD, AND IN DOING SO, AN INNOVATIVE SPIRIT THAT OWES NO APOLOGIES FOR ITS IMMENSE DEPTHS OF ACCOMPLISHMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION HAS CREATED A WEBSITE TO SHOWCASE INVENTORS AND IS IN THE PROCESS OF SETTING UP A MUSEUM TO SHOWCASE THE INVENTORS.
THE ORGANIZATION DEVELOPS SHORT FILMS TO PROMOTE THE MUSEUM AND TO USE AS EXHIBITS IN THE MUSEUM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Dale Caldwell Founder | Officer | $0 | |
James Howard Executive Di | Officer | $0 | |
Da Abrams Cae Board Member | Trustee | $0 | |
Ardella Coleman Board Member | Trustee | $0 | |
Susan Van Alstyne Edd Board Member | Trustee | $0 | |
Michael Howard Board Member | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $56,807 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $56,807 |
Total Program Service Revenue | $0 |
Investment income | $0 |
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 | $56,807 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,100 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $9,035 |
Advertising and promotion | $1,526 |
Office expenses | $2,195 |
Information technology | $200 |
Royalties | $0 |
Occupancy | $28,004 |
Travel | $3,004 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,515 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $538 |
Insurance | $600 |
All other expenses | $276 |
Total functional expenses | $75,763 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $16,583 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $2,154 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $18,737 |
Accounts payable and accrued expenses | $5,100 |
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 | $32,320 |
Other liabilities | $0 |
Total liabilities | $37,420 |
Net assets without donor restrictions | -$18,683 |
Net assets with donor restrictions | $0 |
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 | $18,737 |
Over the last fiscal year, we have identified 1 grants that Black Inventors Hall Of Fame has recieved totaling $25,000.
Awarding Organization | Amount |
---|---|
The Toy Foundation Inc New York, NY PURPOSE: GENERAL SUPPORT | $25,000 |
Organization Name | Assets | Revenue |
---|---|---|
Joan Mitchell Foundation Inc New York, NY | $163,093,074 | $7,287,755 |
African American Cultural Center Pittsburgh, PA | $15,275,830 | $8,128,417 |
Pioneer Works Art Foundation Brooklyn, NY | $17,838,425 | $7,041,619 |
St Anns Warehouse Inc Brooklyn, NY | $32,618,208 | $8,833,127 |
Mount Carmel Guild Education Newark, NJ | $2,668,838 | $6,215,422 |
One Club For Creativity Inc New York, NY | $23,237,696 | $9,988,732 |
Judd Foundation New York, NY | $82,389,087 | $7,883,436 |
Guild Hall Of East Hampton Inc East Hampton, NY | $35,896,554 | $17,394,413 |
Seward Johnson Atelier Inc Hamilton, NJ | $66,063,145 | $5,452,215 |
Boris Lurie Art Foundation Wilmington, DE | $0 | $786,286 |
City Lore Inc New York, NY | $1,966,661 | $4,516,520 |
Restart Factory Inc New York, NY | $6,049,280 | $3,828,840 |