Arts Council of the African Studies Assn
Nonprofit profile at a glance
- EIN
- 341936797
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2021, Form 990-EZ 2024, Form 990-N 2022
- Location
- Chicago, IL, USA
- Phone
- 4109792604
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $10,474
- Expenses
- $93,258
- Assets
- $176,101
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- PAUL BASU (PRESIDENT)
- MARK DELANCEY (PAST PRESIDENT)
- AMANDA MAPLES (VP/PRESIDENT ELECT)
People named in this filing
- PAUL BASU (PRESIDENT)
- MARK DELANCEY (PAST PRESIDENT)
- MICHELLE APOTSOS (TREASURER ELECT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
See schedule o
What it reported doing in 2024
Quarterly online newsletter & internet messaging, website maintenance: informing members of current research topics, liaison with african scholars, publications, exhibitions, job opportunities and ideas in the field of african arts.
Operating model
- Revenue model
- Membership-supported. 67% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 28
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -790.4%; rating input score 2; 2nd percentile among comparable filings
- Total-asset coverage ratio: 1.89; rating input score 64; 64th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 84%; rating input score 0; 0th percentile among comparable filings
Growth
- Program expense growth: 24.7% per year; rating input score 100; 85th percentile among comparable filings
- Revenue growth: -13% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: -1.3% per year; rating input score 0; 34th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $93K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 3 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 2/100.
- High — Growth: Revenue growth scored 0/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Officer compensation ratio scored 0/100.