Nonprofit screen
Screen a listNational Black Arts Festival Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$1.1Mrevenue
FY2024 · −15% in 3 yrs7staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−28.9%
Months of reserve3.7mo
Revenue growth (annualized)−2.4%
Middle half of peersMedianNational Black Arts Festival
Where the money goes FY2024 · $1.4M spent
Programs$1.0M75%Management and general$215k16%Fundraising$132k9%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 2 of the last 3 years
−$309k in FY2023 and −$311k in FY2024. Cash covers 3.7 months, under the peer median of 3.8.
990 Part I and balance sheetIn its favor2
Strong governance
15 of 15 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIA history of government grants
Government grants on 6 of its 8 returns, 25% of revenue in FY2024. $195k is traced federal awards from National Endowment for the Arts.
990 Part VIII · USAspending35funders
$361ka year, last 3 years
23%from its largest funder
Funder’17’18’19’20’21’22’23The Coca-Cola Foundation IncSince FY2021$75k$75k$100kThe Cousins Foundation IncSince FY2020$25k$25k$55k$55kNorthside Hospital IncSince FY2022$40k$40kKaiser Foundation Health Plan of GeorgiaincOn and off$50k$10k$15kTruist Foundation IncOn and off$75kSouth Arts IncOn and off$65kDonor-advised giftsDonors not disclosed$16k$132k$227k$504k$17k$140k$153k14 other fundersUp to $50k a year each$3k$12k$26k$70k$34k$68k$43k
FundedThrough a donor-advised fund