The African American Art And Culture Complex
African American Art And Culture Complex shows significant growth but faces recent deficit and fluctuating asset base.
EIN: 200118582 · San Francisco, CA · NTEE: Z99 · Updated: 2026-03-28
Is The African American Art And Culture Complex Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The African American Art And Culture Complex directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The African American Art And Culture Complex
The African American Art And Culture Complex (EIN: 200118582) is a nonprofit organization based in San Francisco, CA, classified under NTEE code Z99. The organization reported total revenue of $3.8M and total assets of $2.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The African American Art And Culture Complex's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The African American Art And Culture Complex is a mid-size nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.5M |
| Total Expenses | $4.6M |
| Surplus / Deficit | $-188,074 |
| Total Assets | $1.5M |
| Total Liabilities | $468K |
| Net Assets | $1.0M |
| Operating Margin | -4.2% |
| Debt-to-Asset Ratio | 31.7% |
| Months of Reserves | 3.8 months |
Financial Health Grade: B
In 2023, The African American Art And Culture Complex reported a deficit of $188K with expenses exceeding revenue, holds 3.8 months of operating reserves (adequate), has a debt-to-asset ratio of 31.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), The African American Art And Culture Complex's revenue has grown at a compound annual growth rate (CAGR) of 7.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.8% | +47.3% | -49.0% |
| 2022 | +81.5% | +95.6% | +146.8% |
| 2021 | -20.1% | +3.0% | +1.6% |
| 2019 | -100.0% | -100.0% | -95.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The African American Art And Culture Complex with a Mission Score of 80 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, The African American Art And Culture Complex allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $188K, with expenses exceeding revenue.
- Debt-to-asset ratio: 31.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of its size with revenues exceeding $4 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The African American Art And Culture Complex's IRS 990 filings:
- Operating deficit in the most recent filing (202306) where expenses ($4,639,183) exceeded revenue ($4,451,109).
- Significant decrease in assets from $2,898,202 in 2022 to $1,478,901 in 2023.
- Large fluctuation in liabilities, peaking at $1,718,637 in 2022.
- Consistent 0% officer compensation for an organization with over $4 million in revenue, which is highly unusual and could indicate unreported compensation or reliance on unsustainable volunteer models for leadership.
Strengths
The following positive indicators were identified for The African American Art And Culture Complex:
- Strong revenue growth over the past several years, from $1,658,982 in 2021 to $4,451,109 in 2023.
- Consistent reporting of 0% officer compensation, indicating a high dedication of funds to programmatic activities.
- Significant growth in assets from $15,622 in 2019 to $1,478,901 in 2023, demonstrating increased financial capacity over time.
- Positive net assets, indicating financial solvency despite recent fluctuations.
Frequently Asked Questions about The African American Art And Culture Complex
Is The African American Art And Culture Complex a legitimate charity?
Based on AI analysis of IRS 990 filings, The African American Art And Culture Complex (EIN: 200118582) some concerns. Mission Score: 80/100. 4 red flags identified, 4 strengths noted.
How does The African American Art And Culture Complex spend its money?
The African American Art And Culture Complex directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The African American Art And Culture Complex tax-deductible?
The African American Art And Culture Complex is registered as a tax-exempt nonprofit (EIN: 200118582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The African American Art And Culture Complex a good charity?
Based on the available data, the organization demonstrates strong program focus due to 0% officer compensation and significant revenue growth. However, the recent operating deficit in 2023 and fluctuating asset and liability levels suggest a need for closer examination of financial management practices.
Why did assets decrease significantly from 2022 to 2023?
Assets decreased from $2,898,202 in 2022 to $1,478,901 in 2023. This nearly 50% reduction warrants further investigation into asset utilization, depreciation, or potential divestments.
What caused the large increase in liabilities in 2022?
Liabilities surged from $119,334 in 2021 to $1,718,637 in 2022. Understanding the nature of these liabilities (e.g., loans, grants payable, deferred revenue) is crucial for assessing financial risk.
How does the organization sustain operations without officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership may be entirely volunteer-based or compensated through other means not reported on the 990, which is unusual for an organization of this scale and could impact long-term sustainability or indicate reliance on external support.
Filing History
IRS 990 filing history for The African American Art And Culture Complex showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The African American Art And Culture Complex's revenue has grown by 144%, moving from $1.8M to $4.5M. Total assets increased by 102.7% over the same period, from $730K to $1.5M. Total functional expenses rose by 282.1%, from $1.2M to $4.6M. In its most recent filing year (2023), The African American Art And Culture Complex reported a deficit of $188K, with expenses exceeding revenue. The organization holds $468K in liabilities against $1.5M in assets (debt-to-asset ratio: 31.7%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.5M | $4.6M | $1.5M | $468K | — | — |
| 2022 | $3.0M | $3.1M | $2.9M | $1.7M | — | View 990 |
| 2021 | $1.7M | $1.6M | $1.2M | $119K | — | View 990 |
| 2020 | $2.1M | $1.6M | $1.2M | $147K | — | View 990 |
| 2019 | $0 | $0 | $16K | $16K | — | View 990 |
| 2018 | $1.4M | $1.2M | $313K | $56K | — | View 990 |
| 2017 | $1.2M | $1.1M | $202K | $91K | — | View 990 |
| 2016 | $1.2M | $1.2M | $81K | $55K | — | View 990 |
| 2015 | $1.2M | $1.2M | $96K | $69K | — | View 990 |
| 2014 | $1.1M | $1.2M | $148K | $-165 | — | View 990 |
| 2013 | $914K | $1.1M | $173K | $0 | — | View 990 |
| 2012 | $720K | $1.1M | $335K | $0 | — | View 990 |
| 2011 | $1.8M | $1.2M | $730K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.5M, expenses of $4.6M, and assets of $1.5M (revenue +47.8% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.1M, and assets of $2.9M (revenue +81.5% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.6M, and assets of $1.2M (revenue -20.1% year-over-year).
- 2020: Revenue of $2.1M, expenses of $1.6M, and assets of $1.2M.
- 2019: Revenue of $0, expenses of $0, and assets of $16K (revenue -100.0% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.2M, and assets of $313K (revenue +14.6% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $202K (revenue -1.6% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $81K (revenue +4.8% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $96K (revenue +2.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.2M, and assets of $148K (revenue +24.3% year-over-year).
- 2013: Revenue of $914K, expenses of $1.1M, and assets of $173K (revenue +26.9% year-over-year).
- 2012: Revenue of $720K, expenses of $1.1M, and assets of $335K (revenue -60.5% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.2M, and assets of $730K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The African American Art And Culture Complex:
Data Sources and Methodology
This transparency report for The African American Art And Culture Complex is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.