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Greenwood Cultural Center Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 731436295 ✦ Tulsa, OK ✦ Designated as a 501(c)(3)

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Overview

What is Greenwood Cultural Center Inc?

Greenwood Cultural Center Inc, based in Tulsa, Oklahoma, is a dedicated nonprofit organization with a mission to preserve and promote African-American culture and heritage. They played a significant role in commemorating the 100-year anniversary of the 1921 Tulsa Race Massacre, collaborating with local schools to develop educational resources and creating a Minecraft module to teach this history globally. Additionally, they collaborated with The Gathering Place and showcased The Kinsey African American Art & History Collection, one of the most prestigious of its kind. By providing educational and cultural experiences, Greenwood Cultural Center Inc fosters intercultural exchange and encourages cultural tourism, with a team of 7 dedicated individuals.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 94%, Four-Star out of Four Star rating.

Greenwood Cultural Center Inc has achieved a strong 94% rating from Charity Navigator, reflecting its excellent performance in accountability and finance. This high score indicates that the organization operates with transparency and responsibility, which is crucial for donor confidence. The rating is based entirely on its Accountability & Finance score, showcasing the center's commitment to sound financial practices.

The organization boasts an independent board of directors, with 100% of its members being independent, which strengthens governance and enhances the integrity of its operations. Notably, Greenwood Cultural Center has effective policies in place, including conflict of interest and whistleblower policies, which further underscore its dedication to ethical oversight. Additionally, the organization maintains a low liabilities-to-assets ratio and allocates 71.90% of its expenditures directly to programs, demonstrating strong financial stewardship.

While the rating highlights many strengths, the analysis does not provide insights into the organization's programmatic impact or community outreach. However, the financial health and governance practices reflected in the rating suggest that Greenwood Cultural Center Inc is a well-managed nonprofit, dedicated to fulfilling its mission effectively.


This AI summary has been generated from information found on Charity Navigator.

Is Greenwood Cultural Center Inc legitimate?

Greenwood Cultural Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greenwood Cultural Center 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: $71,700
Professional Fundraising Fees: $0
Other Salaries and Wages: $106,672

For more financial information, click here

What is the mission statement of Greenwood Cultural Center Inc?

The Greenwood Cultural Center Inc is dedicated to preserving and disseminating African-American culture and heritage. Their mission involves providing educational and cultural experiences, aiming to foster intercultural exchange and promote cultural tourism. They have played a significant role in recognizing the 100-year commemoration of the 1921 Tulsa Race Massacre, collaborating with local schools to develop educational resources. Furthermore, they have collaborated with Microsoft to teach the history of the Greenwood District to millions of students globally through Minecraft: Education Edition. Additionally, they have partnered with the Gathering Place and hosted The Kinsey African American Art & History Collection, one of the most prestigious collections in the world.

Who is the CEO of Greenwood Cultural Center Inc?

Frances Jordan Rakestraw is the Executive Director of Greenwood Cultural Center Inc.

What is the revenue of Greenwood Cultural Center Inc?

Greenwood Cultural Center Inc's revenue in 2021 was $782,749.

Who are the executives of Greenwood Cultural Center Inc and what are their salaries?

The average compensation at Greenwood Cultural Center Inc during 2021 was $25,482. There are 7 employees and 45 volunteers at Greenwood Cultural Center Inc.


Here are 14 key members and their salaries:


Dr Laverne Ford Wimberly (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Retired Judge Jesse Harris (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Terry Buxton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances Jordan Rakestraw (Executive Director)
  • Compensation: $71,700
  • Related: $0
  • Other: $0
Rev Martin Lavanhar (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Anne A Ghost Bear (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dwain Midget (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Ross (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Gold Madden (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francisco J Trevino (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Art S Williams (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Duvarney (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rocky Bright (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Jamaal Dyer (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Greenwood Cultural Center Inc?

Greenwood Cultural Center Inc's most recent form 990 was submitted in 2021 and can be accessed here.

Mission Statement of Greenwood Cultural Center Inc

The Greenwood Cultural Center Inc, a significant organization, is committed to capturing, preserving, and educating about African-American culture and heritage. Its mission is twofold: firstly, it aims to present educational and cultural experiences that foster intercultural exchange, and secondly, it seeks to promote cultural tourism. By doing so, the Greenwood Cultural Center Inc strives to make a significant impact, not only within its local community but also on a broader scale.

In pursuit of its mission, the Greenwood Cultural Center Inc has taken various initiatives. For instance, it collaborated with Tulsa Public Schools to develop a curriculum that educates students about the history of Black Wall Street and the 1921 Tulsa Race Massacre. This curriculum includes lesson plans tailored to different age groups, ensuring that the next generation is well-informed about this significant event in African-American history.

Moreover, the Greenwood Cultural Center Inc collaborated with Microsoft to create a section on Microsoft's Minecraft: Education Edition. This section teaches the history of the Greenwood District to millions of students worldwide, thereby reaching a global audience and promoting intercultural exchange. Additionally, the Greenwood Cultural Center Inc partnered with The Gathering Place in Tulsa to host The Kinsey African American Art & History Collection. This exhibit, one of the largest and most prestigious collections of its kind, further enhances the Center's mission of preserving and teaching African-American culture and heritage.

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Impact




July, 2024

Greenwood Cultural Center Inc has had a significant impact on capturing, preserving, and teaching African-American culture and heritage. The organization has played a key role in recognizing the 100-year commemoration of the 1921 Tulsa Race Massacre, leading the City of Tulsa and the nation in this effort. Through collaborations with Tulsa Public Schools, Greenwood Cultural Center Inc has developed educational curriculum to teach the history of Black Wall Street and the 1921 Tulsa Race Massacre, making lesson plans available for various age groups.

Additionally, Greenwood Cultural Center Inc's partnership with Microsoft has resulted in the creation of educational content on Microsoft's Minecraft: Education Edition, reaching millions of students worldwide with the history of the Greenwood District. The organization's collaboration with the Gathering Place in Tulsa as the host for The Kinsey African American Art & History Collection has brought one of the largest and most prestigious African American art and history collections to the community.

By presenting educational and cultural experiences, fostering intercultural exchange, and promoting cultural tourism, Greenwood Cultural Center Inc has made a lasting impact on preserving and sharing African-American heritage and history.




This information is meant to be a general summary of Greenwood Cultural Center 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.

Revenue
$782,749 (2021)
Expenses
$565,476 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $845,741

Assets and Liabilities:

  • Total Assets: $500,716
  • Total Liabilities: $191,535
  • Net Assets: $309,181

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Organization Details

Founding Year

1991

Principal Officer

Frances Jordan Rakestraw

Main Address

322 N GREENWOOD AVE, TULSA, OK, 74120

NTEE Category

Code: P300 - Human services

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