Overview
What is Memphis Black Arts Alliance Inc?
Memphis Black Arts Alliance Inc is a nonprofit organization situated in Memphis, Tennessee, specifically at 985 South Bellevue. The primary focus of this alliance is to uplift the community and promote economic growth by preserving, celebrating, and advancing African American arts, literature, and culture within the Greater Memphis area. The organization comprises a talented group of young individuals who engage in musical stage productions and performances, showcasing their original music, singing, dancing, and acting skills. Their mission extends beyond preservation, aiming to inspire, educate, and engage artists and audiences towards the creation of just and equitable communities through innovative experiences. The alliance recognizes the dynamic nature of African American art and culture, viewing it as a living, breathing, and continually evolving entity. With a team of three dedicated employees, Memphis Black Arts Alliance Inc strives to contribute positively to the community through their forward-thinking initiatives.
Official website here: www.mbaafirehouse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 55%, One-Star out of Four Stars
The Memphis Black Arts Alliance Inc received a One-Star rating from Charity Navigator, primarily reflecting concerns regarding its financial practices. With an overall score of 55%, the organization demonstrates some strengths in governance, including an entirely independent board and no evidence of material asset diversion. However, critical areas such as a lack of a whistleblower policy and missing document retention guidelines indicate significant gaps in accountability.
Financially, the organization shows a liabilities to assets ratio of 53.49%, which is relatively stable, but its program expense ratio of 47.09% raises concerns about the proportion of funds dedicated to programs versus administrative costs. This could imply that the organization may not be utilizing its resources as effectively as possible to achieve its mission. Additionally, the absence of required documents on its website, such as the tax form, further highlights deficiencies in transparency.
Overall, while the Memphis Black Arts Alliance Inc has a solid governance structure, the lack of important policies and low program expense ratio suggests that there are notable areas for improvement, particularly in financial management and organizational accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Memphis Black Arts Alliance Inc legitimate?
Memphis Black Arts Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Black Arts Alliance Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $57,385
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,769
For more financial information, click here
Official website here: www.mbaafirehouse.org
What is the mission statement of Memphis Black Arts Alliance Inc?
The Memphis Black Arts Alliance Inc. is committed to enhancing the lives and economic prosperity of its community by preserving, celebrating, and fostering the growth of African American arts, literature, and culture. Their mission is to inspire, educate, and engage both artists and audiences, working towards the establishment of fair and equitable communities through innovative experiences. The Alliance recognizes that African American art and culture are dynamic and continuously evolving, not just to be preserved for history but to be constantly created and showcased.
In addition to their mission, Memphis Black Arts Alliance Inc. also features a talented group of young individuals, known as Memphis Black Art Alliance Productions. This ensemble delights audiences throughout the Greater Memphis area with their musical stage productions, performances, singing, dancing, acting, and original music compositions.
Official website here: www.mbaafirehouse.org
Who is the CEO of Memphis Black Arts Alliance Inc?
Larjuanette Williams is the Executive Director of Memphis Black Arts Alliance Inc.
Official website here: www.mbaafirehouse.org
What is the revenue of Memphis Black Arts Alliance Inc?
Memphis Black Arts Alliance Inc's revenue in 2022 was $509,113.
Official website here: www.mbaafirehouse.org
Who are the executives of Memphis Black Arts Alliance Inc and what are their salaries?
The average compensation at Memphis Black Arts Alliance Inc during 2022 was $36,051. There are 3 employees at Memphis Black Arts Alliance Inc.
Here are 11 key members and their salaries:
- Compensation: $57,385
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Official website here: www.mbaafirehouse.org
Where can I find the form 990 for Memphis Black Arts Alliance Inc?
Memphis Black Arts Alliance Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mbaafirehouse.org
Learn more at the official website: www.mbaafirehouse.org
Mission Statement of Memphis Black Arts Alliance Inc
Memphis Black Arts Alliance, a nonprofit organization, is committed to enhancing the lives and economic prosperity of the Greater Memphis community by preserving, celebrating, and progressing African American arts, literature, and culture. The alliance, recognizing the dynamic and evolving nature of African American art and culture, aims to inspire, educate, and engage artists and audiences in the creation of equitable and just communities through innovative experiences. The mission of Memphis Black Arts Alliance goes beyond preservation; it encourages the continuous creation of art that reflects and shapes the community, fostering a sense of unity and understanding.
In line with its mission, Memphis Black Arts Alliance operates Memphis Black Arts Alliance Productions, a group of talented young individuals who perform musical stage productions and performances throughout the Greater Memphis area. Through singing, dancing, acting, and original music creation, this entity contributes to the alliance's mission by showcasing and promoting African American arts and culture, engaging audiences, and inspiring a sense of community. The performances and productions provide a platform for artistic expression and cultural exchange, contributing to the alliance's commitment to creating just and equitable communities.
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Impact
July, 2024
The Memphis Black Arts Alliance Inc, through its dedication to preserving, celebrating, and advancing African American arts, literature, and culture, has had a significant impact on the Greater Memphis community. One of their key initiatives, the Memphis Black Art Alliance Productions, showcases the talents of young people through musical stage productions and performances. These performances not only entertain audiences but also serve to inspire, educate, and engage artists and community members. By creating forward-thinking experiences that highlight the richness and diversity of African American art and culture, the Memphis Black Arts Alliance Inc contributes to the creation of just and equitable communities in the Greater Memphis area.
This information is meant to be a general summary of Memphis Black Arts Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $7,870
- Gross Receipts: $509,113
Assets and Liabilities:
- Total Assets: $112,922
- Total Liabilities: $26,766
- Net Assets: $86,156
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Special Events
Revenue
$7,870
Organization Details
Founding Year
1982
Phone
(901) 948-9522Principal Officer
Larjuanette Williams
Main Address
985 SOUTH BELLEVUE, Memphis, TN, 38106
Website
www.mbaafirehouse.orgNTEE Category
Code: A60 - Arts
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