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Black Feminist Future Inc

RegisteredEIN 86-3997174Atlanta, GAArts, culture, heritage and science
Income$6.3m2023-12
Spending$3.5msame year
Spent / received65%2-year average
Size in its cause97th pctArts, culture, heritage and science
Exempt since2022Publicly supported organisat
Employees29latest return

Analysis

Black Feminist Future Inc is a registered charity in United States, based in Atlanta, GA. It received its IRS tax-exemption ruling in June 2022, 4 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 December 2023, Black Feminist Future Inc reported income of $6.3m and spending of $3.5m, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $3.6m to $6.3m (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 65% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Black Feminist Future Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within GA. Charities of a similar size with the same main cause include San Diego Air & Space Museum ($6.3m), Kentucky Public Radio Inc ($6.3m) and Central City Opera House Association ($6.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $142k (4.0% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $4.9m against liabilities of $112k, net assets of $4.8m. It reported 29 employees.

Income and spending

$0$1.6m$3.1m$4.7m$6.3m2022 Income: $3,609,0132022 Spending: $2,899,95920222023 Income: $6,256,4092023 Spending: $3,528,5792023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Program services 1.7%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
San Diego Air & Space MuseumSan Diego$6.3m
Kentucky Public Radio IncLouisville$6.3m
Central City Opera House AssociationWheat Ridge$6.2m
New Haven Center for Performing Arts IncWaterbury$6.3m