Totals
- Total revenue
- $320,395
- Total expenses
- $270,922
- Contributions and grants received
- $305,979
- Grants paid
- $0
- Program service revenue
- $14,311
- Investment income
- $105
- Other revenue
- $0
- Total assets, end of year
- $220,702
- Total liabilities, end of year
- $6,582
- Net assets or fund balances, end of year
- $214,120
- Program services expenses (Part IX)
- $175,690
- Management and general expenses
- $91,934
- Fundraising expenses
- $3,298
- Program service expenses (Part III)
- $175,690
Program services were 64.8% 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
$305,979
-
2a · Program service revenue: PROGRAM SERVICE INCOME
total $14,311 · related or exempt $14,311
-
3 · Investment income
total $105 · excluded $105
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $96,425 · program services $60,906 · management and general $32,796 · fundraising $2,723
-
7 · Other salaries and wages
total $20,353 · program services $12,856 · management and general $6,922 · fundraising $575
-
9 · Other employee benefits
total $4,110 · management and general $4,110
-
10 · Payroll taxes
total $12,251 · management and general $12,251
-
11b · Fees: legal
total $1,260 · management and general $1,260
-
11c · Fees: accounting
total $8,979 · management and general $8,979
-
11g · Fees: other
total $41,532 · program services $41,532
-
12 · Advertising and promotion
total $9,676 · program services $9,676
-
13 · Office expenses
total $23,861 · program services $19,770 · management and general $4,091
-
16 · Occupancy
total $23,454 · program services $6,899 · management and general $16,555
-
17 · Travel
total $15,808 · program services $15,808
-
22 · Depreciation, depletion and amortization
total $151 · management and general $151
-
23 · Insurance
total $1,813 · management and general $1,813
-
24a · Other expenses: DUES & SUBSCRIPTIONS
total $9,709 · program services $7,282 · management and general $2,427
-
24b · Other expenses: MEALS AND ENTERTAINMENT
total $1,040 · program services $461 · management and general $579
-
24c · Other expenses: MISC EXPENSES
total $500 · program services $500
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $136,780 · end of year $1,495
-
2 · Savings and temporary cash investments
end of year $42,055
-
4 · Accounts receivable
beginning of year $36,388 · end of year $175,570
-
9 · Prepaid expenses and deferred charges
beginning of year $14,585
-
10a · Land, buildings and equipment: cost or other basis
$2,712
-
10b · Land, buildings and equipment: accumulated depreciation
$1,130
-
10c · Land, buildings and equipment, net
beginning of year $1,733 · end of year $1,582
-
17 · Accounts payable and accrued expenses
beginning of year $5,994 · end of year $6,582
-
27 · Net assets without donor restrictions
beginning of year $183,492 · end of year $214,120
Mission and programs · 2024
Mission
TO CULTIVATE LITERACY, LEADERSHIP, AND SOCIAL JUSTICE THROUGH THE STUDY & APPLICATION OF SPOKEN WORD AND HIP HOP CULTURE.
-
ARTS EXHIBITION AND PROGRAMMING:CULTURAL ART PERFORMANCES AND EXHIBITION OPPORTUNITIES FOR ARTISTS, PARTICIPANTS AND COMMUNITY MEMBERS.
Expenses $82,970 · Revenue $5,112
-
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 $59,871 · Revenue $7,048
-
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 $32,849 · Revenue $2,151
As filed on the 2024 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 THROUGH SEPT
- Total calculated
- $0
- Hours/week
- 1
-
DANEZ SMITH
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
WILLIAM HOWES
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
LATISHA JONES
EXECUTIVE DIRECTOR
- Total calculated
- $100,534
- From this org
- $96,425
- From related orgs
- $0
- Other
- $4,109
- 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
- 2024
- Filed
- 13 May 2025
- IRS schema version
- 2024v5.1
- Source object
- 202501349349302885
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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