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New York · Nonprofit

ASASE YAA CULTURAL ARTS FOUNDATION

ASASE YAA CULTURAL ARTS FOUNDATION (New York) receives grants from 5 organizations whose IRS filings report $302,242 to it, the largest being THE HOWARD GILMAN FOUNDATION INC ($210,000). 2 of them have funded it in more than one year.

Revenue FY2024
$1.1M
Funders on record
5
Grants received
$302k
Net assets
$81k
2/5 repeat funderspeak grant-dependency 20%
01What it does

What Asase Yaa Cultural Arts Foundation does

Mission

Asase Yaa Cultural Arts Foundation is a nonprofit dedicated to promoting African Diaspora arts and culture. Through its programsAsase Yaa School of the Arts Childrens Camp Arts Outreach and African American Dance Theaterit empowers the community by offering dance and music

As stated on its FY2024 Form 990.

Program

  1. The Asase Yaa Cultural Arts Foundation offers a wide range of programs that emphasize the positive impact of culturally responsive arts on communities. These include: Asase Yaa School of the Arts offering 37 weeks of intensive training in dance music and theater for youth ages 3-18. Asase Yaa Arts Outreach providing a culturally rich arts curriculum to K-12 students focusing on African Caribbean and African American history and culture. Asase Yaa Youth Summer Employment Initiative providing summer jobs and career development for youth ages 14-19 with opportunities for community outreach and internships. Asase Yaa Summer Camp offering 6 weeks of arts and cultural programming for youth ages 2-15 culminating in a multidisciplinary production. Asase Yaa African American Dance Theater a Bessie Award-winning company creating transformative works that challenge perceptions of African culture in the arts. AY WELL+FIT a community-based wellness center offering fitness dance and wellness services to support physical mental emotional and spiritual well-being. These programs aim to enrich educational social and cultural development while preserving and honoring African and African American…

    $401,916 spent$592,254 earned by the program
    100% of program spending

The program described on its FY2022 Form 990. Program spending in total: $401,916.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($355k) Expenses 100 ($346k) Net assets -8 ($-6452)2021 Revenue 94 ($335k) Expenses 120 ($417k) Net assets -108 ($-88275)2022 Revenue 170 ($604k) Expenses 176 ($609k) Net assets -99 ($-80382)2023 Revenue 168 ($597k) Expenses 180 ($623k) Net assets -134 ($-109181)2024 Revenue 309 ($1.1M) Expenses 261 ($904k) Net assets 100 ($81k)
20202021202220232024
Revenue (309)Expenses (261)Net assets (100)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $3k to $335k (+10189%).

$8k
$15k
$16k
$3k
$335k
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 9% · 2023 0% · 2024 32%. Grants only. Government contracts and fees sit inside program revenue.

51% of ASASE YAA CULTURAL ARTS FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 5 reported years ran a deficit.

$8k
’20
−$82k
’21
−$4k
’22
−$26k
’23
$191k
’24
0.9
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Kofi Williams

Executive director

As listed on its FY2024 Form 990.

20202021202220232024
Listed999810
Joined·+0+0+3+6
No longer listed·0044
03Who funds it

Who funds it, year by year

2020 → 2023: the base held at 2 funders, grant income fell $72k → $60k.

From the IRS filings of ASASE YAA CULTURAL ARTS FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

ASASE YAA CULTURAL ARTS FOUNDATION leans on a few funders — its largest provides 69% of grant income and the top three 93%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

69%
largest funder
93%
top three
~2
effective funders

Largest funder’s share by year: 2020 83% · 2021 100% · 2022 67% · 2023 83% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

89% of ASASE YAA CULTURAL ARTS FOUNDATION's grant income comes from New York funders.

ME
NY
FL

In-state vs out-of-state, by year

’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ASASE YAA CULTURAL ARTS FOUNDATION runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.

Operating margin17% · top quartile
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)33% · top quartile

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Organizations like ASASE YAA CULTURAL ARTS FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

74% of spending goes to programs.

Program 74%Management 20%Fundraising 6%

Governance

11
board members
82%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for ASASE YAA CULTURAL ARTS FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ASASE YAA CULTURAL ARTS FOUNDATION?
ASASE YAA CULTURAL ARTS FOUNDATION (New York) receives grants from 5 organizations whose IRS filings report $302,242 to it, the largest being THE HOWARD GILMAN FOUNDATION INC ($210,000). 2 of them have funded it in more than one year.
How many funders does ASASE YAA CULTURAL ARTS FOUNDATION have?
IRS filings report 5 organizations giving $302,242 in grants to ASASE YAA CULTURAL ARTS FOUNDATION, 2 of which have funded it in more than one year.
Who is the largest funder of ASASE YAA CULTURAL ARTS FOUNDATION?
THE HOWARD GILMAN FOUNDATION INC is the largest funder on record, with $210,000 in grants. The full list of funders is on this page.
How can an organization like ASASE YAA CULTURAL ARTS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Asase Yaa Cultural Arts →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing