Black Art Today Inc
Nonprofit profile at a glance
- EIN
- 833410402
- IRS 990-EZ coverage
- 2023–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Upper Marlboro, MD, USA
- Phone
- 2408764190
- Rating
- 48
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Arts, Cultural Organizations - Multipurpose
Reported finances
- Revenue
- $96,431
- Expenses
- $93,326
- Assets
- $52,889
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Alicia B Clark (President CEO)
- Lisa Adele Lumford Clark (Vice President COO)
People named in this filing
- Alicia B Clark (President CEO)
- Lisa Adele Lumford Clark (Vice President COO)
- Vonne Williams (Treasurer)
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
The Black Art Today Foundation is a 501(c)(3) Public Charity. Our mission is to support artists in the genres of visual arts, performing arts, and literature. Our purpose is derived from Kwanzaa's sixth Principle, Kuumba, meaning Creativity. We supply a variety of services and opportunities for artists and art organizations to aid artists in reaching their creative potential. The services we supply include: Artist Management Collection Curator Grants and Scholarships Group and Solo Exhibitions, Marketing, Artist Marketplace, Merchandising, and Mentor Protégé Program.
What it reported doing in 2024
In 2024, we curated 8 art exhibits throughout MD and VA over 3000 people viewed or attended the 8 exhibits. Our purpose was to display the works of underrepresented Black and Brown artists in communities that traditionally don't have access to their works. In total we generated over $86,000 in revenue for 25 artists.
Operating model
- Revenue model
- Earned-program. 83% of the money available for current operations came from fees and other program revenue.
- 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
MIXED - The filed numbers largely add up and revenue has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 6
- Transparency & Controls: 100
- Sustainability: 48
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 5.7%; rating input score 6
- Program expense ratio: 6.2%; rating input score 6
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 3.2%; rating input score 52; 52nd percentile among comparable filings
- Total-asset coverage ratio: 0.57; rating input score 32; 32nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: -69.4% per year; rating input score 0; 5th percentile among comparable filings
- Revenue growth: 56.2% per year; rating input score 100; 97th percentile among comparable filings
- Asset growth: 1.4% per year; rating input score 100; 44th percentile among comparable filings
Details
- Where the money goes: 5.7% of revenue deployed · 6.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 4 filed program accomplishments · $6K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2023 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 6/100.
- High — Financial Efficiency: Program expense ratio scored 6/100.
- High — Growth: Program expense growth scored 0/100.
- Review — Sustainability: Operating margin scored 52/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 32/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.