AArts, Culture & HumanitiesEIN: 561152286· Ruling Year: 1976

Afro-american Cultural Center Inc

Charlotte, North Carolina

A-Health Score
78A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org3.06×
Peer Median210.95×
💰
$3.1M
Total Revenue
📊
$3.2M
Total Expenses
🏦
$9.8M
Net Assets
📋
$837K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+29.7%
Year-over-year change (2022 → 2023)
Net Margin
-2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.06
Net assets divided by total expenses
Liabilities-to-Assets
7.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,103,19430%$3,182,26149%$10,590,8406%
2022$2,392,87024%$2,137,28824%$9,961,6156%
2021$1,926,81775%$1,722,1754%$10,610,75023%
2020$1,099,64361%$1,787,81512%$8,625,1966%
2019$2,828,5096%$2,043,07610%$9,212,56611%
2018$3,005,47944%$1,864,8184%$8,284,45822%
2017$2,083,24214%$1,942,0595%$6,771,5626%
2016$2,413,53570%$1,857,1946%$6,360,14014%
2015$1,418,64610%$1,750,66318%$5,579,3564%
2014$1,576,67213%$2,147,6904%$5,825,7341%
2013$1,815,65780%$2,068,12920%$5,905,5995%
2012$1,008,11463%$1,717,71312%$6,206,4889%
2011$2,726,345$1,942,371$6,848,770

Frequently Asked Questions

What does Afro-american Cultural Center Inc do?

Afro-american Cultural Center Inc is a arts, culture & humanities nonprofit organization based in North Carolina. It is classified under NTEE code A230 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Afro-american Cultural Center Inc financially healthy?

Based on our 9-metric Financial Health Score model, Afro-american Cultural Center Inc has a score of 78/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Afro-american Cultural Center Inc generate?

Afro-american Cultural Center Inc reports $3.2M in annual revenue and holds $10.9M in total assets, based on IRS filings.

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Afro-american Cultural Center Inc — Charlotte, NC | GiveScope