Black Archives of Mid-America Inc

Analysis

Black Archives of Mid-America Inc is a registered charity in United States, based in Kansas City, MO. It received its IRS tax-exemption ruling in July 1976, 50 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Black Archives of Mid-America Inc reported income of $779k and spending of $1.1m, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $779k (+114%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 157%. Over the whole period it spent 124% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Black Archives of Mid-America Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within MO. Charities of a similar size with the same main cause include Academic Games Leagues of America Inc ($779k), A Team Homeschool Community ($779k) and Foundation at Monroe County Community College ($779k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 2.4% of the total. Compensation of current officers, directors and key employees was $108k (9.7% of expenses). Other salaries and wages came to $463k. At year end it held assets of $4.9m against liabilities of $141k, net assets of $4.7m. It reported 25 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.