Skip to content
Nonprofiteer
← THE BLACK HISTORY MUSEUM AND CULTURAL CENTER INC

Form 990 for tax year 2022

Filed by THE BLACK HISTORY MUSEUM AND CULTURAL CENTER INC.

Totals

Total revenue
$1,399,102
Total expenses
$1,620,292
Contributions and grants received
$1,207,288
Grants paid
$0
Program service revenue
$69,334
Investment income
$17,093
Other revenue
$105,387
Total assets, end of year
$8,298,006
Total liabilities, end of year
$3,406,322
Net assets or fund balances, end of year
$4,891,684
Program services expenses (Part IX)
$1,144,209
Management and general expenses
$442,034
Fundraising expenses
$34,049
Program service expenses (Part III)
$1,144,209

Program services were 70.6% 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

    $25,225

  • 1e · Government grants (contributions)

    $584,823

  • 1f · All other contributions, gifts and grants

    $597,240

  • 2a · Program service revenue: ADMISSIONS

    total $69,334 · related or exempt $69,334

  • 3 · Investment income

    total $23,751 · excluded $23,751

  • 6a · Gross rents

    real property $51,372

  • 6b · Less rental expenses

    real property $40,058

  • 6c · Rental income or loss

    real property $11,314

  • 6d · Net rental income or loss

    total $11,314 · excluded $11,314

  • 7a · Gross sales of assets other than inventory

    securities $2,261

  • 7b · Less cost or other basis and sales expenses

    securities $8,919

  • 7c · Gain or loss

    securities -$6,658

  • 7d · Net gain or loss

    total -$6,658 · excluded -$6,658

  • 8c · Net income from fundraising events

    total $0

  • 10a · Gross sales of inventory

    $47,756

  • 10b · Cost of goods sold

    $27,743

  • 10c · Net income from sales of inventory

    total $20,013 · related or exempt $20,013

  • 11a · Other revenue: EVENTS ON LEIGH

    total $74,060 · unrelated business $74,060

  • 11e · Other revenue, total

    $74,060

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $61,867 · program services $42,350 · management and general $17,074 · fundraising $2,443

  • 7 · Other salaries and wages

    total $216,469 · program services $136,955 · management and general $71,457 · fundraising $8,057

  • 10 · Payroll taxes

    total $6,628 · program services $3,776 · management and general $2,700 · fundraising $152

  • 11b · Fees: legal

    total $38,440 · program services $31,136 · management and general $7,304

  • 11c · Fees: accounting

    total $56,306 · program services $45,604 · management and general $10,702

  • 11g · Fees: other

    total $123,717 · program services $85,655 · management and general $35,250 · fundraising $2,812

  • 12 · Advertising and promotion

    total $57,988 · program services $30,108 · management and general $27,880

  • 13 · Office expenses

    total $27,032 · program services $12,273 · management and general $14,264 · fundraising $495

  • 14 · Information technology

    total $30,568 · program services $20,570 · management and general $9,168 · fundraising $830

  • 16 · Occupancy

    total $258,080 · program services $189,911 · management and general $60,510 · fundraising $7,659

  • 20 · Interest

    total $103,940 · program services $76,485 · management and general $24,370 · fundraising $3,085

  • 22 · Depreciation, depletion and amortization

    total $256,702 · program services $188,897 · management and general $60,187 · fundraising $7,618

  • 23 · Insurance

    total $15,087 · program services $10,771 · management and general $3,882 · fundraising $434

  • 24a · Other expenses: EXHIBITS

    total $341,821 · program services $258,203 · management and general $83,618

  • 24b · Other expenses: BANK SERVICE

    total $7,168 · management and general $7,168

  • 24c · Other expenses: MISCELLANEOUS

    total $18,479 · program services $11,515 · management and general $6,500 · fundraising $464

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $3,045,274 · end of year $2,422,864

  • 4 · Accounts receivable

    beginning of year $162,308 · end of year $171,330

  • 8 · Inventories for sale or use

    beginning of year $6,665 · end of year $29,877

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,099 · end of year $15,828

  • 10a · Land, buildings and equipment: cost or other basis

    $8,054,187

  • 10b · Land, buildings and equipment: accumulated depreciation

    $2,990,343

  • 10c · Land, buildings and equipment, net

    beginning of year $5,259,521 · end of year $5,063,844

  • 11 · Investments: publicly traded securities

    end of year $594,263

  • 17 · Accounts payable and accrued expenses

    beginning of year $60,988 · end of year $49,823

  • 19 · Deferred revenue

    beginning of year $10,888

  • 23 · Secured mortgages and notes payable

    beginning of year $3,294,117 · end of year $3,323,393

  • 25 · Other liabilities

    end of year $33,106

  • 27 · Net assets without donor restrictions

    beginning of year $2,966,162 · end of year $2,691,929

  • 28 · Net assets with donor restrictions

    beginning of year $2,146,712 · end of year $2,199,755

Mission and programs · 2022

Mission

TO PRESERVE STORIES THAT INSPIRE BY SHARING A MORE INCLUSIVE AND COMPLETE NARRATIVE ABOUT AFRICAN AMERICANS THROUGH HISTORY EXHIBITIONS AND CULTURAL ACTIVITIES

Activities or mission (Part I)

TO OFFER AN EDUCATIONAL RESOURCE THAT SHARES INFORMATION ABOUT AFRICAN AMERICAN CONTRIBUTIONS AND ACHIEVEMENTS

  • PERMANENT EXHIBITION PROVIDES A COMPREHENSIVE OVERVIEW OF BLACK

    Expenses $1,144,209

  • CONTINUED-

As filed on the 2022 return.

Listed in Part VII

  • Monroe Harris

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Loren Glasper

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Joseph Massie

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Hannah B Ayers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Wilson Friend

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Jullian Harris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Suyapa Marquez

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Donte Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Shakia Warren

    EXECUTIVE DIR

    Total calculated
    $0
    Hours/week
    40

  • Marland Buckne

    FORMER E.D.

    Total calculated
    $45,000
    From this org
    $45,000
    From related orgs
    $0
    Other
    $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.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • BHM OF RICHMOND LLC

    RENTAL · VA

    Directly controlled by BLK HIS MSM

  • ARMORY FUND

    RENTAL · VA

    Directly controlled by 1895 GROUP

  • EVENTS ON LEIGH

    EVENTMANAGEMENT · VA · income $74,060 · assets $28,146

    Directly controlled by BLK HIS MSM

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • 100% owned

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • THE 1895 GROUP

    C CORP · DEVELOPMEN · VA · 100% owned · share of income $100 · share of assets $100 · controlled entity

    Directly controlled by BHMVA INC

Provenance

Return type
form_990
Tax year
2022
Filed
28 February 2024
IRS schema version
2022v5.0
Source object
202420879349301522

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.