Totals
- Total revenue
- $7,182,666
- Total expenses
- $5,601,097
- Contributions and grants received
- $6,058,607
- Grants paid
- $826,842
- Program service revenue
- $1,106,621
- Investment income
- $113
- Other revenue
- $17,325
- Total assets, end of year
- $7,718,715
- Total liabilities, end of year
- $380,881
- Net assets or fund balances, end of year
- $7,337,834
- Program services expenses (Part IX)
- $4,229,628
- Management and general expenses
- $1,172,780
- Fundraising expenses
- $198,689
- Program service expenses (Part III)
- $4,229,628
Program services were 75.5% 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.
-
1b · Membership dues
$15,483
-
1e · Government grants (contributions)
$18,975
-
1f · All other contributions, gifts and grants
$6,024,149
-
2a · Program service revenue: Programs and Events
total $1,106,621 · related or exempt $1,106,621
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $113 · excluded $113
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
11a · Other revenue: Advertising
total $17,325 · unrelated business $17,325
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$17,325
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $791,592 · program services $791,592
-
2 · Grants to domestic individuals
total $35,250 · program services $35,250
-
7 · Other salaries and wages
total $881,021 · program services $352,693 · management and general $528,328
-
8 · Pension plan contributions
total $20,764 · program services $8,312 · management and general $12,452
-
9 · Other employee benefits
total $29,365 · program services $11,755 · management and general $17,610
-
10 · Payroll taxes
total $54,895 · program services $21,976 · management and general $32,919
-
11c · Fees: accounting
total $62,079 · management and general $62,079
-
11g · Fees: other
total $1,632,175 · program services $1,467,605 · management and general $40,717 · fundraising $123,853
-
12 · Advertising and promotion
total $328,710 · program services $285,671 · management and general $43,039
-
13 · Office expenses
total $145,827 · program services $74,686 · management and general $69,484 · fundraising $1,657
-
14 · Information technology
total $2,750 · program services $62 · management and general $2,688
-
16 · Occupancy
total $255,555 · program services $183,393 · management and general $69,377 · fundraising $2,785
-
17 · Travel
total $149,708 · program services $128,563 · management and general $16,863 · fundraising $4,282
-
19 · Conferences, conventions and meetings
total $78,038 · program services $64,481 · fundraising $13,557
-
21 · Payments to affiliates
total $33,853 · program services $3,573 · fundraising $30,280
-
22 · Depreciation, depletion and amortization
total $139,246 · management and general $139,246
-
23 · Insurance
total $96,751 · program services $12,597 · management and general $84,154
-
24a · Other expenses: Guarantees
total $470,000 · program services $470,000
-
24b · Other expenses: Catering & Hospitality
total $304,800 · program services $280,501 · management and general $9,051 · fundraising $15,248
-
24c · Other expenses: Facility Rental
total $44,644 · program services $25,529 · management and general $15,879 · fundraising $3,236
-
24d · Other expenses: Miscellaneous
total $39,717 · program services $11,026 · management and general $25,692 · fundraising $2,999
-
24e · All other expenses
total $4,357 · program services $363 · management and general $3,202 · fundraising $792
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $10,783 · end of year $11,084
-
2 · Savings and temporary cash investments
beginning of year $2,320,686 · end of year $3,160,314
-
4 · Accounts receivable
beginning of year $800,956 · end of year $1,589,385
-
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
-
10a · Land, buildings and equipment: cost or other basis
$3,503,375
-
10b · Land, buildings and equipment: accumulated depreciation
$545,443
-
10c · Land, buildings and equipment, net
beginning of year $2,967,111 · end of year $2,957,932
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $343,271 · end of year $380,881
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $4,523,025 · end of year $4,710,053
-
28 · Net assets with donor restrictions
beginning of year $1,233,240 · end of year $2,627,781
Mission and programs · 2023
Mission
Indiana Black Expo, Inc. was organized to establish scholarships; develop, implement and support youth programs; and to inform and educate the public as to the economic, educational, political, religious, and social achievements and cultural development of African-Americans.
Activities or mission (Part I)
The mission of Indiana Black Expo, Inc. is to be an effective voice and vehicle for the social and economic advancement of African-Americans.
-
Summer Celebration: Summer Celebration serves as a conduit for the Indianapolis community, the state of Indiana and the nation at-large. Summer Celebration began in 1970 at the end of the Civil Rights movement as an effort to bring awareness of business opportunities and achievements of African Americans within the Indianapolis community. Since those early days, it has become a fixture for Indianapolis tourism, business, political and academic communities while also serving as a social awareness vehicle for the advancement of African Americans. Summer Celebration provides financial resources for the Organization's youth and family and social responsibility efforts.
Expenses $1,798,165 · Revenue $715,727
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $1,030,546 · Revenue $191,793
-
YOUTH PROGRAMS: THE FOCUS OF YOUTH AND FAMILY PROGRAMS IS TO STRENGTHEN SERVICES TO THE COMMUNITY. TO DO THIS EFFECTIVELY, IT IS IMPORTANT FOR THE ORGANIZATION TO RESEARCH HOW AFRICAN AMERICANS ARE LIVING STATEWIDE. AS INFORMATION IS GATHERED, THE ORGANIZATION TAKES STEPS TO ENSURE PROGRAMS THAT KEEP THE COMMUNITY HEALTHY, WEALTHY AND WISE ARE CONTINUALLY OFFERED. IBE's Youth and Family Programs Department manages or organizes at least 13 programs or activities, including (1) Education Day; (2) The Employment Opportunity Fair; (3) State of Our Black Youth Initiative; (4) Statewide Education Conference; (5) Family Fun/Tech Zone; (6) Statewide Youth Leadership Summit; (7) Circle City Classic Scholarship Fund; (8) Circle City Classic Coronation; (9) Circle City Classic Youth Football and Cheerleading Clinic; (10) Performing Arts Academy; (11) The Minority Business Conference; and (12) The Tobacco Prevention & Cessation Initiative. IBE also collaborates on several initiatives, including the INShape Indiana Black & Minority Health Fair, the largest minority health fair in the world, and the Cultural Arts Pavilion.
Expenses $752,116 · Revenue $199,101
-
PROGRAMS AT INDIANA BLACK EXPO: INCLUDES ACTIVITIES SUCH AS "WE CAN FEED THE HUNGRY" AT CHRISTMAS, WHICH ANNUALLY SERVES OVER 800 FAMILIES, WITH A FOCUS ON RESIDENTS FROM LOW-INCOME HOUSING AGENCIES, ASSISTED LIVING FACILITIES AND REFERRALS FROM VARIOUS SOCIAL SERVICE ORGANIZATIONS. THE PROGRAM PROVIDES FAMILIES WITH GROCERIES TO FEED THEIR FAMILIES A TRADITIONAL HOLIDAY DINNER. A BUSINESS CONFERENCE IS HELD ANNUALLY, TO PROVIDE A VENUE FOR BLACK ENTREPRENEURS, ORGANIZATIONS AND TALENT TO SHOWCASE THEIR GOODS AND SERVICES. THE CONFERENCE FOCUSES ON PROVIDING MINORITY BUSINESSES WITH THE TOOLS NEEDED TO COMPETE FOR CONTRACT OPPORTUNITIES WITH LOCAL, STATE, FEDERAL, PRIVATE, AND POSTSECONDARY INSTITUTIONS. ATTENDEES WILL HAVE THE OPPORTUNITY TO HEAR DIRECTLY FROM EXPERTS ON SUSTAINING AND EXPANDING THEIR BUSINESSES AND NETWORKING WITH KEY DECISION MAKERS. THE ORGANIZATION ALSO HOSTS EMPLOYMENT FAIRS, WHERE BUSINESSES IN SEARCH OF QUALIFIED EMPLOYEES ARE CONNECTED WITH INDIVIDUALS WHO ARE UNEMPLOYED, UNDEREMPLOYED OR SIMPLY LOOKING FOR A CHANGE IN WORKPLACES. THE EMPLOYMENT FAIR INCLUDES WORKSHOPS ON RESUME PREPARATION AND INTERVIEW TECHNIQUES. MANY OF THE PARTICIPATING EMPLOYERS OFFER ON-THE-SPOT CONNECTIONS BETWEEN THE JOB MARKET AND THOSE TRYING TO NAVIGATE IT.
Expenses $648,801 · Grants $35,250
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
Hayley G Boling
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Rinzer Williams III
Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Robert Taylor
Northern Region Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Andy Mallon
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Delbert Mimms
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Denicka Foster
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Gisele Carter
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Hal Darring
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jamilia L King
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jan Mansfield-Stith
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Joe Ayers
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
John Upshaw
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Keisha Ricketts
Vice Chairman
- Total calculated
- $0
- Hours/week
- 1
-
Melissa Proffitt
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Murray Miller
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Scott Pelath
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Steven Quick
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Takesha Wilson
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Vop Osili
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Willie Stroman
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Yvonne Harrington
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Alice WatsonALICE WATSON
CEO/President
- Total calculated
- $221,727
- From this org
- $212,843
- From related orgs
- $0
- Other
- $8,884
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $212,843
- Bonus
- $0
- Other
- $0
- Deferred
- $8,514
- Nontaxable benefits
- $370
- Filer's total
- $221,727
-
Terri FalkerTERRI FALKER
DIRECTOR OF FINANCE
- Total calculated
- $86,957
- From this org
- $78,327
- From related orgs
- $0
- Other
- $8,630
- Hours/week
- 40
-
Tanya BellTANYA BELL
FORMER CEO/PRESIDENT
- Total calculated
- $109,514
- From this org
- $105,969
- From related orgs
- $0
- Other
- $3,545
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $49,577
- Bonus
- $0
- Other
- $56,392
- Deferred
- $3,471
- Nontaxable benefits
- $74
- Filer's total
- $109,514
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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
Nana's Childcare and Preschool
$765,842
TO SUPPORT COMMUNITY CHILD CARE
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 15 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413209349303456
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