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New York · Nonprofit

IFETAYO CULTURAL ARTS ACADEMY INC

IFETAYO CULTURAL ARTS ACADEMY INC (New York) receives grants from 19 organizations whose IRS filings report $1,829,684 to it, the largest being TIDES FOUNDATION ($410,000). 13 of them have funded it in more than one year.

Revenue FY2024
$876k
Funders on record
19
Grants received
$1.8M
Net assets
$964k
13/19 repeat funderspeak grant-dependency 49%
01What it does

What Ifetayo Cultural Arts Academy Inc does

Mission

Ifetayo Cultural Arts Academy empowers youth and families of African descent to achieve high levels of educational, professional and artistic excellence. As a leading Brooklyn-based institution we inspire future generations to develop a strong African-centered cultural identity and realize their power to transform social inequity.

As stated on its FY2021 Form 990.

Programs

  1. Cultural arts program: cap offers sequential, weekly arts classes in multiple disciplines to youth ages 2-18 and adults. Cap provided high-level training in dance, music, visual arts, theater, creative expression/poetry and martial arts to students in levels from beginner to pre-professional.

    $280,254 spent$182,435 earned by the program
    31% of program spending
  2. Rites of passage programs: sisters in sisterhood and I am my brother is a year-round after school program that empowers youth ages 8-19 to advance their intellectual and emotional skills in preparation for growth into independent, compassionate, self-confident leaders. Rites offers training and instruction that includes development of personal skills college and career counseling services family meetings and home visits. Financial education institute fei and individual development accounts program ida provides crucial financial education workshops and college savings accounts for students beginning at age 8 through graduation from college.

    $229,494 spent
    25% of program spending
  3. In school program: isp provides sequential, weekly in-school and afterschool arts education and youth development programming to public, charter and private schools in new york city. Disciplines in fy25 included visual arts digital photography, jewelry making, painting & sketching, dance african, hip hop, modern, music african drum, guitar, music theory and audio production.

    $216,959 spent
    24% of program spending
  4. The ifetayo youth ensemble: iye is a preparatory professional performance ensemble for youth ages 12-19, which works rigorously through training and rehearsal to produce original works about social issues that affect their communities. Marcus garvey cultural heritage program: mgchp provides historical and cultural instruction that focuses on africa and the african diaspora for students, ages 6-18, and their parents. This program includes an international conference and tour component where youth and participants travel and experience cultures.

    $191,289 spent$13,282 earned by the program
    21% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $917,996.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($1.1M) Expenses 100 ($979k) Net assets 100 ($863k)2018 Revenue 108 ($1.2M) Expenses 124 ($1.2M) Net assets 124 ($1.1M)2019 Revenue 114 ($1.2M) Expenses 139 ($1.4M) Net assets 100 ($859k)2020 Revenue 73 ($782k) Expenses 83 ($817k) Net assets 96 ($825k)2021 Revenue 80 ($860k) Expenses 83 ($808k) Net assets 102 ($877k)2022 Revenue 96 ($1.0M) Expenses 74 ($728k) Net assets 137 ($1.2M)2023 Revenue 106 ($1.1M) Expenses 112 ($1.1M) Net assets 147 ($1.3M)2024 Revenue 82 ($876k) Expenses 120 ($1.2M) Net assets 112 ($964k)
'17'18'19'20'21'22'23'24
Revenue (82)Expenses (120)Net assets (112)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 2022 to 2023, from $1.7M to $3.6M (+109%).

$1.1M
$1.5M
$1.3M
$1.4M
$1.5M
$1.7M
$3.6M
$3.0M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 20% · 2018 27% · 2019 60% · 2020 35% · 2021 50% · 2022 46% · 2023 47% · 2024 39%. Grants only. Government contracts and fees sit inside program revenue.

70% of IFETAYO CULTURAL ARTS ACADEMY INC’s revenue is contributions — more donation-reliant than the typical peer (64% for the typical peer).

This organization
Typical peer · 19,618 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.

$91k
’17
−$65k
’18
−$139k
’19
−$35k
’20
$52k
’21
$302k
’22
$32k
’23
−$301k
’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.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24
Listed141314161412119
Joined·+2+4+3+0+2+0+1
No longer listed·3312413
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 3 funders to 6 funders, grant income rose $145k → $180k.

7 of 19 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 41% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of IFETAYO CULTURAL ARTS ACADEMY INC’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

IFETAYO CULTURAL ARTS ACADEMY INC has a broad base — no single funder exceeds 22% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

46% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund IFETAYO CULTURAL ARTS ACADEMY INC.

22%
largest funder
55%
top three
~7
effective funders

Largest funder’s share by year: 2017 69% · 2018 41% · 2019 51% · 2020 26% · 2021 52% · 2022 34% · 2023 50% — diversifying over time.

“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.

How long its funders stay

29% of IFETAYO CULTURAL ARTS ACADEMY INC's funders are still giving 3 years after their first grant; 68% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

97% of IFETAYO CULTURAL ARTS ACADEMY INC's grant income comes from New York funders.

NY
NJ
CT
DE

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

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $742k arriving through sponsors registered in 6 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

IFETAYO CULTURAL ARTS ACADEMY INC's funding base is broadening — from 3 funders to 6 as grant income climbed.

Operating margin−34% · bottom quartile
Months of reserve0.9mo · bottom quartile
Revenue growth (annualized)−3% · bottom quartile

this organization peer median middle 50% of peers· 17,953 arts & culture nonprofits $100k–$1M, FY2024

Government funding IFETAYO CULTURAL ARTS ACADEMY INC receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $15k on record.

Federal$15k
grants $15kcontracts $0
Top agencies
  • National Endowment for the Arts$15k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like IFETAYO CULTURAL ARTS ACADEMY INC

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

82% of spending goes to programs.

Program 82%Management 11%Fundraising 7%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

82%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for IFETAYO CULTURAL ARTS ACADEMY INC: 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 IFETAYO CULTURAL ARTS ACADEMY INC?
IFETAYO CULTURAL ARTS ACADEMY INC (New York) receives grants from 19 organizations whose IRS filings report $1,829,684 to it, the largest being TIDES FOUNDATION ($410,000). 13 of them have funded it in more than one year.
How many funders does IFETAYO CULTURAL ARTS ACADEMY INC have?
IRS filings report 19 organizations giving $1,829,684 in grants to IFETAYO CULTURAL ARTS ACADEMY INC, 13 of which have funded it in more than one year.
Who is the largest funder of IFETAYO CULTURAL ARTS ACADEMY INC?
TIDES FOUNDATION is the largest funder on record, with $410,000 in grants. The full list of funders is on this page.
How can an organization like IFETAYO CULTURAL ARTS ACADEMY INC 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 Ifetayo Cultural Arts Academy →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 19 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 22, 2026. What this page cannot tell you · view filing