A — Arts, 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$3,103,194↑30%$3,182,261↑49%$10,590,840↑6%
2022$2,392,870↑24%$2,137,288↑24%$9,961,615↓6%
2021$1,926,817↑75%$1,722,175↓4%$10,610,750↑23%
2020$1,099,643↓61%$1,787,815↓12%$8,625,196↓6%
2019$2,828,509↓6%$2,043,076↑10%$9,212,566↑11%
2018$3,005,479↑44%$1,864,818↓4%$8,284,458↑22%
2017$2,083,242↓14%$1,942,059↑5%$6,771,562↑6%
2016$2,413,535↑70%$1,857,194↑6%$6,360,140↑14%
2015$1,418,646↓10%$1,750,663↓18%$5,579,356↓4%
2014$1,576,672↓13%$2,147,690↑4%$5,825,734↓1%
2013$1,815,657↑80%$2,068,129↑20%$5,905,599↓5%
2012$1,008,114↓63%$1,717,713↓12%$6,206,488↓9%
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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