Form 990 for tax year 2024
Filed by NATIONAL BLACK ARTS FESTIVAL INC.
Totals
- Total revenue
- $1,075,879
- Total expenses
- $1,386,628
- Contributions and grants received
- $949,916
- Grants paid
- $113,500
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $125,963
- Total assets, end of year
- $508,622
- Total liabilities, end of year
- $23,090
- Net assets or fund balances, end of year
- $485,532
- Program services expenses (Part IX)
- $1,039,983
- Management and general expenses
- $215,007
- Fundraising expenses
- $131,638
- Program service expenses (Part III)
- $1,039,983
Program services were 75.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1b · Membership dues
$5,000
-
1e · Government grants (contributions)
$274,300
-
1f · All other contributions, gifts and grants
$670,616
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8a · Fundraising events: gross income
$279,124
-
8b · Fundraising events: direct expenses
$168,645
-
8c · Net income from fundraising events
total $110,479
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: ADMINISTRATIVE FEES
total $6,000 · excluded $6,000
-
11b · Other revenue: MISCELLANEOUS INCOME
total $9,484 · excluded $9,484
-
11e · Other revenue, total
$15,484
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $61,500 · program services $61,500
-
2 · Grants to domestic individuals
total $52,000 · program services $52,000
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $165,375 · program services $124,031 · management and general $20,672 · fundraising $20,672
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $324,851 · program services $272,006 · management and general $22,547 · fundraising $30,298
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $23,083 · program services $18,648 · management and general $2,035 · fundraising $2,400
-
10 · Payroll taxes
total $41,061 · program services $33,172 · management and general $3,620 · fundraising $4,269
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $41,562 · management and general $41,562
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $441,684 · program services $300,197 · management and general $77,322 · fundraising $64,165
-
12 · Advertising and promotion
total $20,950 · program services $20,950
-
13 · Office expenses
total $0
-
14 · Information technology
total $6,323 · program services $4,740 · management and general $1,000 · fundraising $583
-
15 · Royalties
total $0
-
16 · Occupancy
total $105,963 · program services $90,946 · management and general $8,667 · fundraising $6,350
-
17 · Travel
total $13,382 · program services $12,807 · management and general $555 · fundraising $20
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $14,334 · management and general $14,334
-
23 · Insurance
total $12,730 · program services $5,037 · management and general $7,045 · fundraising $648
-
24a · Other expenses: SUPPLIES
total $26,362 · program services $19,913 · management and general $6,160 · fundraising $289
-
24b · Other expenses: DUES AND SUBS
total $8,948 · program services $7,148 · management and general $1,096 · fundraising $704
-
24c · Other expenses: WEBSITE AND INTERNET
total $7,060 · program services $5,703 · management and general $623 · fundraising $734
-
24d · Other expenses: MEALS AND ENTERTAINMENT
total $4,003 · program services $2,686 · management and general $1,020 · fundraising $297
-
24e · All other expenses
total $15,457 · program services $8,499 · management and general $6,749 · fundraising $209
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $675,714 · end of year $432,745
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $20,000 · end of year $0
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
beginning of year $35,000 · end of year $23,050
-
9 · Prepaid expenses and deferred charges
beginning of year $11,636 · end of year $6,621
-
10a · Land, buildings and equipment: cost or other basis
$365,080
-
10b · Land, buildings and equipment: accumulated depreciation
$325,042
-
10c · Land, buildings and equipment, net
beginning of year $54,372 · end of year $40,038
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
beginning of year $29,450 · end of year $6,168
-
17 · Accounts payable and accrued expenses
beginning of year $43,572 · end of year $19,349
-
25 · Other liabilities
beginning of year $27,005 · end of year $3,741
-
27 · Net assets without donor restrictions
beginning of year $592,007 · end of year $344,099
-
28 · Net assets with donor restrictions
beginning of year $163,588 · end of year $141,433
Mission and programs · 2024
Mission
Toexpose,educate,engageandentertainaudiencesaswepresentandsupportartandartistsofAfricandescent.
-
For the year ended December 31, 2024, the National Black Arts Festival, Inc. operated the following programs:i)NEXTGEN Youth Programming: Neighborhood schools face limited resources for high-quality arts education, and as a result, students in underserved school districts lack access to the benefits that the arts provide social and emotional learning, leadership development, and creative thinking. To overcome this challenge, NBAF offers free in-school arts programs, of which NEXTGEN Artist is one. The NEXTGEN Artist Program curates educational workshops in the following Atlanta area schools:Luther J. Price Middle SchoolSylvan Hill Middle SchoolDrew Charter Junior/Senior AcademyMaynard H. Jackson High SchoolCarver STEAM Academy High School(ii)Move/Dance: Move/Dance! nurtures the talent and aspirations of middle school dance students while supporting the teachers, parents, and guardians who stand beside them. Designed to bring high-quality dance-based arts education into Atlantas middle schools, the program merges creativity with community wellness.Through movement, students build confidence, discipline and joy while also addressing critical health issues such as hypertension, diabetes and obesity that disproportionately affect NBAFs communities. More than a dance class, Move/Dance! is an arts intervention that promotes healthier lifestyles through the power of rhythm and movement. (iii)Move/Dance! & Spelman College Department of Dance and Choreography: NBAFs Art of Teaching Dance introduces Spelman College students to the profession of dance education. In partnership with NBAFs Atlanta Public Schools partners, this extension of the Move/Dance program provides Spelman College students exposure to dance pedagogy and mentorship from dance education professionals, better preparing them for careers in dance.(iv)NBAF Summer Dance Intensive: NBAF offered a week during the summer of transformative dance classes from ages 12 to 16 in Ballet, Jazz, Modern, and Contemporary, culminating in a spectacular performance on Saturday. The program is free for youth dancers.(v)Artist Project Fund (APF): Artists need funding to sustain themselves and their careers to meet the moment, and to help reshape arts infrastructure and systems that have been equitable or sustainable. NBAF desires to ensure that there are solutions in place as we help ensure equity in resources for the Black community and create a brighter future through the power of Black Art. The Artist Project Fund (APF) is a $2,000 award and artistic development program for Metro Atlanta artists seeking funds to complete on ongoing project. It supports 20 professional artists over a 6-month period in the completion of an artistic project, fostering a sense of community and creative collaboration, and providing immersive artistic and career development experiences to help each participant grow as creative entrepreneurs. APF was an initiative created in 2020 to serve as a COVID relief fund and has since evolved to nurture talent on a longer trajectory by supporting growth and development of artists with financial and business support services. Through a series of workshops, panels, field trips and arts engagement, artists are given tools and resources to be successful in the marketplace and ensure that their projects thrive.
Expenses $1,039,983 · Grants $113,500
As filed on the 2024 return.
Listed in Part VII
-
Stephanie OwensSTEPHANIE OWENS
EXECUTIVE DIRECTOR
- Total calculated
- $165,375
- From this org
- $165,375
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $165,375
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $165,375
-
Lisa BonnerLISA BONNER
Chair
- Total calculated
- $0
- Hours/week
- 2
-
Carole Irene SykesCAROLE IRENE SYKES
Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Felicia McDadeFELICIA MCDADE
Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Demetria AliDEMETRIA ALI
Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Bianca BladesBIANCA BLADES
Director
- Total calculated
- $0
- Hours/week
- 1
-
Cecilia CheeksCECILIA CHEEKS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer ChristianJENNIFER CHRISTIAN
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kimberly FisherKIMBERLY FISHER
Director
- Total calculated
- $0
- Hours/week
- 1
-
Malik W HakeemMALIK W HAKEEM
Director
- Total calculated
- $0
- Hours/week
- 1
-
Fredrick HicksFREDRICK HICKS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mychal JacksonMYCHAL JACKSON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Derek JohnsonDEREK JOHNSON
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dr Tiffany RandDR TIFFANY RAND
Director
- Total calculated
- $0
- Hours/week
- 1
-
Angela WattsANGELA WATTS
Director
- Total calculated
- $0
- Hours/week
- 1
-
Preston Wilson JrPRESTON WILSON JR
Director
- Total calculated
- $0
- Hours/week
- 1
-
Leatrice EllzyLEATRICE ELLZY
CEO
- Total calculated
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
HOUSE OF PRODUCTION LLC
$61,500
PRODUCTION SUPPORT
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 8 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503129349300515
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