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Nonprofiteer
← TRUARTSPEAKS

Form 990 for tax year 2023

Filed by TRUARTSPEAKS.

Totals

Total revenue
$401,882
Total expenses
$270,107
Contributions and grants received
$387,165
Grants paid
$0
Program service revenue
$14,369
Investment income
$348
Other revenue
$0
Total assets, end of year
$189,486
Total liabilities, end of year
$5,994
Net assets or fund balances, end of year
$183,492
Program services expenses (Part IX)
$159,484
Management and general expenses
$92,865
Fundraising expenses
$17,758
Program service expenses (Part III)
$159,484

Program services were 59.0% 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.

  • 1f · All other contributions, gifts and grants

    $387,165

  • 1g · Noncash contributions included above

    $2,400

  • 2a · Program service revenue: PROGRAM SERVICE INCOME

    total $14,369 · related or exempt $14,369

  • 3 · Investment income

    total $348 · excluded $348

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $86,035 · program services $48,582 · management and general $25,445 · fundraising $12,008

  • 7 · Other salaries and wages

    total $7,220 · program services $4,077 · management and general $2,135 · fundraising $1,008

  • 10 · Payroll taxes

    total $7,902 · management and general $7,902

  • 11b · Fees: legal

    total $5,718 · management and general $5,718

  • 11c · Fees: accounting

    total $9,550 · management and general $9,550

  • 11g · Fees: other

    total $85,570 · program services $73,597 · management and general $8,351 · fundraising $3,622

  • 12 · Advertising and promotion

    total $3,838 · program services $1,523 · management and general $1,408 · fundraising $907

  • 13 · Office expenses

    total $15,938 · program services $5,486 · management and general $10,298 · fundraising $154

  • 16 · Occupancy

    total $16,399 · program services $3,312 · management and general $13,087

  • 17 · Travel

    total $12,180 · program services $11,978 · management and general $202

  • 22 · Depreciation, depletion and amortization

    total $226 · management and general $226

  • 23 · Insurance

    total $779 · management and general $779

  • 24a · Other expenses: MEALS AND ENTERTAINMENT

    total $13,491 · program services $10,895 · management and general $2,596

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $5,142 · management and general $5,142

  • 24c · Other expenses: MISC EXPENSES

    total $84 · management and general $25 · fundraising $59

  • 24d · Other expenses: BANK FEES

    total $35 · program services $34 · management and general $1

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $45,151 · end of year $136,780

  • 4 · Accounts receivable

    beginning of year $9,250 · end of year $36,388

  • 9 · Prepaid expenses and deferred charges

    beginning of year $399 · end of year $14,585

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

    $2,712

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

    $979

  • 10c · Land, buildings and equipment, net

    beginning of year $1,959 · end of year $1,733

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,653 · end of year $5,994

  • 27 · Net assets without donor restrictions

    beginning of year $48,106 · end of year $183,492

  • 28 · Net assets with donor restrictions

    beginning of year $2,000 · end of year $0

Mission and programs · 2023

Mission

TO CULTIVATE LITERACY, LEADERSHIP, AND SOCIAL JUSTICE THROUGH THE STUDY & APPLICATION OF SPOKEN WORD AND HIP HOP CULTURE.

  • HIP HOP EDUCATION:TRUARTSPEAKS HAS A ROBUST LIST OF TEACHING ARTISTS IN OUR NETWORK, EACH REPRESENTATIVE OF SOME ELEMENT OR ASPECT OF SPOKEN WORD AND HIP HOP CULTURE, AND BEYOND.OUR CREW IS ROOTED AND TRAINED IN THE PILLARS OF OUR PEDAGOGICAL PRACTICE, ENGAGING IN ONGOING AND REGULAR DEVELOPMENT OPPORTUNITIES TO ENSURE THAT THEY ARE CONSTANTLY ENHANCING THEIR CRAFT ALONG WITH THEIR ABILITY TO FACILITATE THE SAFEST SPACE POSSIBLE FOR LEARNERS AT ALL STAGES, OF ALL AGES, AND MAKE-UPS.WE BELIEVE IN HIP HOP AS A TOOL FOR PERSONAL AND SOCIAL TRANSFORMATION, NEVER TEACHING ART FOR ART'S SAKE, ALWAYS STAYING TRUE TO THE CULTURE, AND HOPING TO BE A PART OF ONE'S EVER-GROWING KNOWLEDGE OF SELF THROUGH ART PRACTICE.

    Expenses $142,326 · Revenue $14,369

  • RACIAL EQUITY TRAINING:LIKE OUR ARTS-BASED PROFESSIONAL DEVELOPMENT, WE PROVIDE TRAINING AND EDUCATIONAL RESOURCES IN THE REALMS OF SOCIAL JUSTICE, RACIAL EQUITY, AND COMMUNITY ORGANIZING.THESE SESSIONS RANGE FROM DEEP DIVES INTO ANTI-RACISM WORK, STRATEGIES FOR BUILDING COMMUNITY IN AND THROUGH THE ARTS, NARRATIVE STRATEGY WORK, ALLY-BASED WORKSHOPS, CREATING FOR SOCIAL TRANSFORMATION, AND MORE.

    Expenses $4,302

  • PROFESSIONAL DEVELOPMENT:IT TAKES A VILLAGE AND KNOWLEDGE BENEFITS US ALL WHEN WE SHARE IT TOWARDS THE COLLECTIVE GOOD. AT TRUARTSPEAKS WE BELIEVE THAT EVERY YOUNG PERSON, EMERGING ARTIST, AND INSPIRING LEADER CAN BENEFIT FROM LEARNING THE BEST, LATEST, AND TRIED AND TRUE CULTURAL & ART PRACTICES.WITH AN EXTENSIVE HISTORY OF TRAINING EDUCATORS (K-COLLEGIATE, PUBLIC AND PRIVATE SECTOR, COMMUNITY EDUCATORS, ETC), ARTISTS, AND CULTURE WORKERS, TRUARTSPEAKS OFFERS ONE ON ONE CONSULTATIONS IN A VARIETY OF AREAS, WORKSHOPS, SHORT AND LONG TERM RESIDENCIES, AND MORE.WE HAVE EXPERIENCE IN CURRICULUM DEVELOPMENT, WE HAVE OUR OWN SPECIFIC CURRICULUM ROOTED IN SPOKEN WORD & HIP HOP PEDAGOGY, A YEAR-LONG CURRICULUM ROOTED IN THE BLACK LITERARY TRADITION, HIP HOP SONGWRITING & MUSIC PRODUCTION, AND MORE."

    Expenses $12,856

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Anthony Galloway

    CHAIR

    Total calculated
    $0
    Hours/week
    1
  • Arleta Little

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Brandon Santiago

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • William Howes

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Latisha Jones

    EXECUTIVE DIRECTOR

    Total calculated
    $86,035
    From this org
    $86,035
    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.

Provenance

Return type
form_990
Tax year
2023
Filed
31 October 2024
IRS schema version
2023v5.1
Source object
202413069349301226

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