African Culture Connection

Analysis

African Culture Connection is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 June 2024, African Culture Connection reported income of $570k and spending of $459k, spending 81% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $388k to $570k (+47%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, African Culture Connection sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within NE. Charities of a similar size with the same main cause include Post Classical Ensemble Inc ($570k), Studio Acting Conservatory Inc ($570k) and Mote Marine Foundation Inc ($570k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% and program service revenue 1.1% of the total. Compensation of current officers, directors and key employees was $73k (16% of expenses). Other salaries and wages came to $57k. At year end it held assets of $205k against liabilities of $0, net assets of $205k. It reported 3 employees.