Dr Margaret Wade-lewis Black History Cultural Center Inc
Nonprofit profile at a glance
- EIN
- 883769729
- IRS 990-EZ coverage
- 2022–2024
- Forms available
- Form 990-EZ 2024
- Location
- New Paltz, NY, USA
- Phone
- 8456333234
- Rating
- 69
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Arts, Culture, and Humanities N.E.C.
Reported finances
- Revenue
- $87,391
- Expenses
- $33,363
- Assets
- $84,125
- Liabilities
- $80
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- ESI LEWIS (PRESIDENT)
People named in this filing
- ESI LEWIS (PRESIDENT)
- KATE HYMES (VICE PRESIDE)
- MARGARET STANNE (SECRETARY)
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 margaret wade-lewis center (mwlc) at the historic ann oliver house preserves the black experience in the hudson valley using the lens of free and enslaved lives in ulster county, New York. The mission of the center is to engage, empower, educate, and heal the community through history and culture.
What it reported doing in 2024
A charitable organization that provides historical research, education, arts and cultural and programming
Operating model
- Revenue model
- Donor-supported. 98% of the money available for current operations came from contributions and gifts.
- 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
SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 40
- Transparency & Controls: 100
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 25.2%; rating input score 25
- Program expense ratio: 66%; rating input score 66
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: 61.8%; rating input score 94; 94th percentile among comparable filings
- Total-asset coverage ratio: 2.52; rating input score 71; 71st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 35; 35th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: 89.8% per year; rating input score 100; 97th percentile among comparable filings
- Revenue growth: 70% per year; rating input score 100; 98th percentile among comparable filings
- Asset growth: 65.1% per year; rating input score 100; 97th percentile among comparable filings
Details
- Where the money goes: 25.2% of revenue deployed · 66% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $22K in reported program spending
- Leadership: top reported pay $0 · 10 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2022 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: Filed and resolved organization relationships.
- 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 25/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 35/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.