Skip to content
Nonprofiteer
← BLACK INSTITUTE INC

Form 990 for tax year 2022

Filed by BLACK INSTITUTE INC.

Totals

Total revenue
$497,148
Total expenses
$691,743
Contributions and grants received
$420,511
Grants paid
$0
Program service revenue
$75,500
Investment income
$0
Other revenue
$1,137
Total assets, end of year
$393,415
Total liabilities, end of year
$67,563
Net assets or fund balances, end of year
$325,852
Program services expenses (Part IX)
$460,288
Management and general expenses
$164,675
Fundraising expenses
$66,780
Program service expenses (Part III)
$460,288

Program services were 66.5% 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.

  • 1c · Fundraising events

    $129,054

  • 1e · Government grants (contributions)

    $190,361

  • 1f · All other contributions, gifts and grants

    $101,096

  • 2a · Program service revenue: PROGRAM FEES

    total $75,500 · related or exempt $75,500

  • 8a · Fundraising events: gross income

    $35,691

  • 8a · Fundraising events: contributions included on line 1c

    $129,054

  • 8b · Fundraising events: direct expenses

    $35,691

  • 11a · Other revenue: OTHER INCOME

    total $1,137 · related or exempt $1,137

  • 11e · Other revenue, total

    $1,137

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $89,493 · program services $67,120 · management and general $8,949 · fundraising $13,424

  • 7 · Other salaries and wages

    total $141,451 · program services $108,754 · management and general $29,254 · fundraising $3,443

  • 10 · Payroll taxes

    total $27,085 · program services $22,469 · management and general $2,052 · fundraising $2,564

  • 11b · Fees: legal

    total $12,000 · program services $500 · management and general $11,400 · fundraising $100

  • 11c · Fees: accounting

    total $28,255 · management and general $28,255

  • 11g · Fees: other

    total $139,811 · program services $85,559 · management and general $25,920 · fundraising $28,332

  • 13 · Office expenses

    total $1,964 · program services $1,678 · management and general $234 · fundraising $52

  • 16 · Occupancy

    total $29,517 · program services $23,518 · management and general $4,002 · fundraising $1,997

  • 17 · Travel

    total $11,298 · program services $8,361 · management and general $2,013 · fundraising $924

  • 23 · Insurance

    total $1,561 · management and general $1,561

  • 24a · Other expenses: OTHER COSTS

    total $204,173 · program services $138,533 · management and general $49,920 · fundraising $15,720

  • 24b · Other expenses: PAYROLL SERVICE FEES

    total $3,988 · program services $3,000 · management and general $860 · fundraising $128

  • 24c · Other expenses: SUPPLIES

    total $1,147 · program services $796 · management and general $255 · fundraising $96

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $229,474 · end of year $134,351

  • 3 · Pledges and grants receivable

    beginning of year $269,605 · end of year $203,732

  • 4 · Accounts receivable

    beginning of year $17,000

  • 15 · Other assets

    beginning of year $92,575 · end of year $55,332

  • 17 · Accounts payable and accrued expenses

    beginning of year $6,218 · end of year $23,347

  • 25 · Other liabilities

    beginning of year $81,989 · end of year $44,216

  • 27 · Net assets without donor restrictions

    beginning of year $250,842 · end of year $122,120

  • 28 · Net assets with donor restrictions

    beginning of year $269,605 · end of year $203,732

Mission and programs · 2022

Mission

THE BLACK INSTITUTE, INC. IS A NON-PROFIT ORGANIZATION WHOSE MISSION IS TO SHAPE INTELLECTUAL DISCOURSE AND DIALOGUE AND IMPACT PUBLIC POLICY UNIQUELY FROM A BLACK PERSPECTIVE.

  • THE OVERALL MISSION AND FOCUS OF THE BLACK INSTITUTE (TBI) IS TO SHAPE INTELLECTUAL DISCOURSE IN SUCH A WAY THAT RECONSTRUCTS THE FRAMEWORK BY WHICH PUBLIC POLICY IS DEVELOPED AND IMPLEMENTED. MOREOVER, THE BLACK INSTITUTE WORKS TO DELIVER JUSTICE TO BLACK PEOPLE AND PEOPLE OF COLOR ACROSS AMERICA AND THE DIASPORA.

    Expenses $460,288 · Revenue $75,500

As filed on the 2022 return.

Listed in Part VII

  • Bertha M Lewis

    PRESIDENT

    Total calculated
    $85,000
    From this org
    $85,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Chelsea Connor

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • James Heyliger

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Walter Mosely

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Martha Stark

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lu'Shawn Thompson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Carmen Wallace

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Keith White

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

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.

Related corporations and trusts

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

  • BLACK INSTITUTE GROUP INCORPORATED

    CONSULTING · DE

Provenance

Return type
form_990
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202343149349300529

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.