Form 990 for tax year 2024
Filed by FOUNDATION OF AFRICAN AMERICAN ART.
Totals
- Total revenue
- $1,521,729
- Total expenses
- $1,124,993
- Contributions and grants received
- $1,163,380
- Grants paid
- $0
- Program service revenue
- $94,473
- Investment income
- $2,005
- Other revenue
- $261,871
- Total assets, end of year
- $674,955
- Total liabilities, end of year
- $363,085
- Net assets or fund balances, end of year
- $311,870
- Program services expenses (Part IX)
- $881,422
- Management and general expenses
- $135,118
- Fundraising expenses
- $108,453
- Program service expenses (Part III)
- $881,422
Program services were 78.3% 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.
-
1a · Federated campaigns
$8,663
-
1b · Membership dues
$110,125
-
1c · Fundraising events
$0
-
1d · Related organizations
$58,410
-
1e · Government grants (contributions)
$369,119
-
1f · All other contributions, gifts and grants
$617,063
-
1g · Noncash contributions included above
$58,410
-
2a · Program service revenue: Museum Gift Shop
total $50,258 · related or exempt $50,258 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Museum Tours
total $12,520 · related or exempt $12,520 · unrelated business $0 · excluded $0
-
2c · Program service revenue: Summer Camp
total $1,170 · related or exempt $1,170 · unrelated business $0 · excluded $0
-
2d · Program service revenue: Program Tickets & Fees
total $24,787 · related or exempt $24,787 · unrelated business $0 · excluded $0
-
2e · Program service revenue: Misc Program Income
total $5,738 · related or exempt $5,738 · unrelated business $0 · excluded $0
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $2,005 · related or exempt $2,005 · unrelated business $0 · excluded $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
5 · Royalties
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
6a · Gross rents
real property $67,719 · personal property $0
-
6b · Less rental expenses
real property $0 · personal property $0
-
6c · Rental income or loss
real property $67,719 · personal property $0
-
6d · Net rental income or loss
total $67,719 · related or exempt $67,719 · unrelated business $0 · excluded $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$508,968
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$314,816
-
8c · Net income from fundraising events
total $194,152 · unrelated business $0 · excluded $194,152
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0 · program services $0
-
2 · Grants to domestic individuals
total $0 · program services $0
-
3 · Grants to foreign organizations and individuals
total $0 · program services $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $66,600 · program services $22,200 · management and general $22,200 · fundraising $22,200
-
6 · Compensation of disqualified persons
total $0 · program services $0 · management and general $0 · fundraising $0
-
7 · Other salaries and wages
total $289,803 · program services $248,961 · management and general $12,126 · fundraising $28,716
-
8 · Pension plan contributions
total $0 · program services $0 · management and general $0 · fundraising $0
-
9 · Other employee benefits
total $59,068 · program services $44,941 · management and general $5,689 · fundraising $8,438
-
10 · Payroll taxes
total $30,948 · program services $23,546 · management and general $2,981 · fundraising $4,421
-
11a · Fees: management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $0 · program services $0 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $18,700 · program services $0 · management and general $18,700 · fundraising $0
-
11d · Fees: lobbying
total $0 · program services $0 · management and general $0 · fundraising $0
-
11f · Fees: investment management
total $0 · program services $0 · management and general $0 · fundraising $0
-
11g · Fees: other
total $297,344 · program services $272,185 · management and general $8,861 · fundraising $16,298
-
12 · Advertising and promotion
total $32,596 · program services $7,600 · management and general $22,500 · fundraising $2,496
-
13 · Office expenses
total $97,816 · program services $73,362 · management and general $14,672 · fundraising $9,782
-
14 · Information technology
total $4,500 · program services $0 · management and general $4,500 · fundraising $0
-
15 · Royalties
total $0 · program services $0 · management and general $0 · fundraising $0
-
16 · Occupancy
total $107,381 · program services $102,012 · management and general $3,221 · fundraising $2,148
-
17 · Travel
total $1,158 · program services $868 · management and general $174 · fundraising $116
-
18 · Travel or entertainment for public officials
total $0 · program services $0 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $21,768 · program services $21,768 · management and general $0 · fundraising $0
-
20 · Interest
total $4,108 · program services $0 · management and general $4,108 · fundraising $0
-
21 · Payments to affiliates
total $0 · program services $0 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $7,807 · program services $0 · management and general $7,807 · fundraising $0
-
23 · Insurance
total $20,160 · program services $20,160 · management and general $0 · fundraising $0
-
24a · Other expenses: Tax Penalties and Interest
total $1,757 · program services $0 · management and general $1,757 · fundraising $0
-
24b · Other expenses: Museum Gift Shop Expenses
total $16,503 · program services $16,503 · management and general $0 · fundraising $0
-
24c · Other expenses: Exhibit Expense
total $8,460 · program services $8,460 · management and general $0 · fundraising $0
-
24e · All other expenses
total $38,516 · program services $18,856 · management and general $5,822 · fundraising $13,838
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $71,265 · end of year $95,686
-
2 · Savings and temporary cash investments
beginning of year $49,627 · end of year $138,814
-
3 · Pledges and grants receivable
beginning of year $592,219 · end of year $97,289
-
4 · Accounts receivable
beginning of year $0 · end of year $180,121
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $4,146
-
10a · Land, buildings and equipment: cost or other basis
$4,306,516
-
10b · Land, buildings and equipment: accumulated depreciation
$4,147,617
-
10c · Land, buildings and equipment, net
beginning of year $1,750 · end of year $158,899
-
11 · Investments: publicly traded securities
beginning of year $0 · end of year $0
-
12 · Investments: other securities
beginning of year $0 · end of year $0
-
13 · Investments: program-related
beginning of year $0 · end of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $36,317 · end of year $65,417
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $1,200
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $150,000 · end of year $150,000
-
24 · Unsecured notes and loans payable
beginning of year $407,652 · end of year $146,468
-
27 · Net assets without donor restrictions
beginning of year $120,892 · end of year $231,870
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $80,000
Mission and programs · 2024
Mission
The African American Museum is dedicated to the collection, preservation, exhibition and research of artistic expressions and historical documents that relate to the life and culture of the African American community.
Activities or mission (Part I)
The African American Museum is dedicated to the collection. preservation, exhibition and research of artistic expression and historical documents that relate to the life and culture of the African American community.
-
Museum activities to preserve and display African American artistic, cultural and historical materials including educational and cultural programs for adults and after school programs for youth.
Expenses $881,422 · Revenue $170,613
As filed on the 2024 return.
Listed in Part VII
-
Harry Robinson Jr
President CEO
- Total calculated
- $102,180
- From this org
- $66,600
- From related orgs
- $0
- Other
- $35,580
- Hours/week
- 40
-
Vonciel Jones Hill
Chairman
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Autry Warren
Vice Chair
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Ronald Patterson
Treasurer
- Total calculated
- $0
- Hours/week
- 4 + 4 related
-
Billy Fields
Secretary
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Janice Lombardi
Vice Chair Programs
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Marnese B Elders
Vice Chair/Devolopment
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Billy Allen
Past Chairman
- Total calculated
- $0
- Hours/week
- 2 + 2 related
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
- 2024
- Filed
- 11 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202543219349314574
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