Public Charity

CENTER FOR BLACK EXCELLENCE AND CULTURE INC

CENTER FOR BLACK EXCELLENCE AND CULTURE INC, of MADISON, WI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $3.1M in revenue, $1.0M in expenses, $18.4M in total assets. 40 publicly reported grants to this organization, totaling roughly $6.8M, appear in IRS filings.

EIN: 853072819 MADISON, WI Cultural & Ethnic Awareness NTEE: A23 Latest filing: 2024
Total Revenue$3.1M
Total Expenses$1.0M
Total Assets$18.4M
Grant Records40
Funding Total$6.8M
Filing Years2021–2024

Mission

TO PROMOTE AND DEVELOP A BLACK CULTURAL CENTER IN MADISON, WISCONSIN, AND TO RAISE FUNDS AND PROVIDE DEVELOPMENT OVERSIGHT, FIDUCIARY MANAGEMENT, AND GOVERNANCE OVERSIGHT IN ORDER TO CREATE A SOCIAL, CULTURAL, AND ECONOMIC HUB FOR THE BLACK COMMUNITY WITHIN THE REGION.

Where $100 goes at Center for Black Excellence and Culture Inc

How Center for Black Excellence and Culture Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$32 Programs the work itself
$37 Management running the organization
$31 Fundraising raising the next dollar

Inside the $32 for programs

$32
Provides outreach services to the community and in the future will be providing a place for the black community to foster and accelerate entrepreneurial spirit, celebrate excellence, and…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Brian Russell
PRESIDENT Dr Alexander Gee
SECRETARY Frances Huntley-Cooper

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$5,655,798 31 grants
Arts & Culture
$1,012,367 7 grants
Fundraising & Sponsorship
$155,944 1 grant
Youth Development
$6,320 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $3.1M $1.0M $18.4M
2023 $2.5M $788K $14.9M
2022 $10.2M $621K $13.0M
2021 $3.7M $666K $3.3M

Between 2021 and 2024, reported annual revenue declined from $3.7M to $3.1M (-17%), with total assets most recently reported at $18.4M.

Interactive year-over-year charts and full filing details available with membership.

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