James Baldwin Project Inc
Nonprofit profile at a glance
- EIN
- 853371039
- IRS 990-EZ coverage
- 2021–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2022
- Location
- Easton, CT, USA
- Phone
- 2032614747
- Rating
- 45
- Verdict
- MIXED
- Rating confidence
- Moderate
- Sector
- Cultural, Ethnic Awareness
Reported finances
- Revenue
- $161,977
- Expenses
- $169,477
- Assets
- $161,977
- Liabilities
- $169,477
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
People named in this filing
- Karen G Thorsen (~ Owner - Director)
- Douglas K Dempsey (Co-Director)
- Joy Birdsong (~ Member Board of Directors)
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 James Baldwin Project, Inc. (JBP) is a Connecticut-based 501(c)(3) formed in 2020. As described in the James Baldwin Projects IRS 501(c)(3) application, in accordance with Federal IRWS NTEE (National Taxonomy Exempt Entities Codes), our corporation is listed under the heading Arts, Culture & Humanities with specific reference to the following categories: A20 Arts, Cultural Org, Multipurpose; A23 Cultural, Ethnic Awareness; A25 Arts Education; A31 Film/Video; and A32 TV. To fulfill our primary exempt purpose of using the arts to promote cultural awareness and understanding, we create media (written, visual & recorded) and produce public events (both live & online) that use the arts (film screenings, performances, readings, exhibits, workshops, study guides...) for the promotion, exploration and expansion of cultural awareness, historical understanding et al.
What it reported doing in 2024
Distribution & Presentation of of Events & Exhibits: JBP programs require extensive travel and on-site collaboration with local programming partners, scholar/advisors and artists, one community at a time. In 2024, our collaborations & presentations involved over 4000 participants, including audiences.
Operating model
- Revenue model
- Donor-supported. 78% of the money available for current operations came from contributions and gifts.
- Distribution model
- No current program activity. The filing reports no program spending for the current year.
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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 0
- Transparency & Controls: 100
- Sustainability: 36
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 0%; rating input score 0
- Program expense ratio: Limited
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: -4.6%; rating input score 23; 23rd percentile among comparable filings
- Total-asset coverage ratio: 0.96; rating input score 58; 58th percentile among comparable filings
- Liabilities to assets ratio: 1.05; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -0.3% per year; rating input score 0; 29th percentile among comparable filings
- Revenue growth: 40.1% per year; rating input score 100; 94th percentile among comparable filings
- Asset growth: 39.4% per year; rating input score 100; 91st percentile among comparable filings
Details
- Where the money goes: 0% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $39K 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: 4 filing years from 2021 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- 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 0/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Operating margin scored 23/100.
- Review — Sustainability: Total-asset coverage ratio scored 58/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.