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Black Academy Of Arts And Letters Inc

Tbaal

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

EIN: 751609410 ✦ Dallas, TX ✦ Designated as a 501(c)(3)

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Overview

What is Black Academy Of Arts And Letters Inc?

The Black Academy of Arts and Letters Inc., often referred to as TBAAL, is a distinguished multi-discipline arts organization based in Dallas, Texas, specifically at 650 South Griffin Street. With a commitment to promoting, fostering, and preserving African, African-American, and Caribbean Arts and Letters, they strive to increase awareness and understanding of artistic, cultural, and aesthetic differences. Their activities encompass various artistic forms, including exhibits, theatre, films, performances, and outreach. They have a strong focus on celebrating black arts and letters, as demonstrated by their full season events, which can be found on their website for the current 45th season. TBAAL employs a dedicated team of 38 individuals.


Official website here: www.tbaal.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Star rating)

The Black Academy Of Arts And Letters Inc has achieved a solid 84% rating from Charity Navigator, highlighting its strengths in accountability and financial management. Notably, the organization has a fully independent board with 85% of its members being independent, which is a strong indicator of governance quality. Additionally, the charity excels in financial oversight, with no material diversion of assets reported and a high program expense ratio of 93.27%, demonstrating a significant focus on its mission-related activities.

However, there are several areas where the organization falls short. The absence of key policies, including a conflict of interest policy, a whistleblower policy, and document retention and destruction guidelines, raises concerns about transparency and governance practices. Furthermore, the charity has not made its tax form readily available on its website, which could limit public access to important financial information.

Overall, while the Black Academy Of Arts And Letters Inc shows commendable financial health and a strong commitment to its programs, improvements in governance and transparency policies are necessary to enhance trust and accountability among stakeholders.


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

What do the Facebook reviews say about Black Academy Of Arts And Letters Inc?

90% of 319 reviewers on Facebook recommend the Black Academy of Arts and Letters Inc. Here's a summary of their reviews:

Many users express a high level of satisfaction with the nonprofit, highlighting the incredible experiences they have had. The overwhelming positive sentiment is evident, particularly in comments that celebrate the organization's commitment to the arts and its impact on the community. Reviewers appreciate the quality of programming and the vibrant atmosphere the academy fosters.

Overall, the reviews convey that the Black Academy of Arts and Letters Inc. successfully delivers on its mission, creating a welcoming space for artistic expression and cultural enrichment. The strong recommendation rate indicates a community that values what the nonprofit offers.


This AI summary has been generated from reviews found on Facebook.

Is Black Academy Of Arts And Letters Inc legitimate?

Black Academy Of Arts And Letters Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Academy Of Arts And Letters 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: $87,800
Professional Fundraising Fees: $4,400
Other Salaries and Wages: $248,118

For more financial information, click here


Official website here: www.tbaal.org

What is the mission statement of Black Academy Of Arts And Letters Inc?

The Black Academy of Arts and Letters, Inc., often referred to as TBAAL, is a multidisciplinary arts organization with a mission to raise awareness and foster understanding of artistic, cultural, and aesthetic differences, particularly focusing on African, African-American, and Caribbean arts and letters. Their mission entails promoting, cultivating, preserving, and perpetuating these arts and letters. The academy offers various arts programs, such as exhibits, theatre performances, film screenings, and outreach initiatives. They have a rich history, having celebrated black arts and letters for four decades, with details about their current season and performances available on their website.


Official website here: www.tbaal.org

Who is the CEO of Black Academy Of Arts And Letters Inc?

Curtis King is the President Founder of Black Academy Of Arts And Letters Inc.


Official website here: www.tbaal.org

What is the revenue of Black Academy Of Arts And Letters Inc?

Black Academy Of Arts And Letters Inc's revenue in 2022 was $3,269,648.


Official website here: www.tbaal.org

Who are the executives of Black Academy Of Arts And Letters Inc and what are their salaries?

The average compensation at Black Academy Of Arts And Letters Inc during 2022 was $8,840. There are 38 employees and 408 volunteers at Black Academy Of Arts And Letters Inc.


Here are 8 key members and their salaries:


Curtis King (President Founder)
  • Compensation: $87,300
  • Related: $0
  • Other: $0
Bob Thomas (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gwendolyn Hunt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albertus Lewis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Oscar Faye Williams (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lakeitha Anderson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norma D Mitchem (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kwamme Anderson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.tbaal.org

Where can I find the form 990 for Black Academy Of Arts And Letters Inc?

Black Academy Of Arts And Letters Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.tbaal.org

Learn more at the official website: www.tbaal.org

Mission Statement of Black Academy Of Arts And Letters Inc

The Black Academy of Arts and Letters, Inc., often referred to as TBAAL, is a multi-discipline arts organization with a mission to increase awareness and understanding of artistic, cultural, and aesthetic differences. Utilizing the framework of African, African-American, and Caribbean Arts and Letters, this nonprofit promotes, fosters, cultivates, perpetuates, and preserves the Arts and Letters of these communities. Their initiatives encompass a wide range of artistic expressions, including exhibits, theatre performances, films, and outreach programs. During their 45th season, TBAAL celebrated Black Arts and Letters, offering a full schedule of events and performances that can be found on their website.

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Impact




July, 2024

The Black Academy of Arts and Letters, Inc. has a significant impact on the arts and cultural scene in Dallas, TX. Through its diverse arts programs including exhibits, theatre, films, performances, and outreach initiatives, the organization serves to create awareness and understanding of artistic, cultural, and aesthetic differences. The Academy's mission to promote, foster, cultivate, perpetuate, and preserve the arts and letters of Africans, African-Americans, and Caribbeans is reflected in its enriching events and activities. With a history of hosting full seasons celebrating Black arts and letters, the Black Academy of Arts and Letters, Inc. plays a vital role in showcasing and elevating the voices and talents of underrepresented communities.




This information is meant to be a general summary of Black Academy Of Arts And Letters 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
$3,269,648 (2022)
Expenses
$2,473,195 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $82
  • Program Service Revenue: $2,055,339
  • Gross Receipts: $3,269,648

Assets and Liabilities:

  • Total Assets: $1,645,572
  • Total Liabilities: $715,389
  • Net Assets: $930,183

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program Service Fees and Admissions

Revenue

$1,792,969

Concessions, Fees and Commissions

Revenue

$39,691

Facility Usage/Production Fees

Revenue

$222,679

Organization Details

Founding Year

1977

Principal Officer

Curtis King

Main Address

650 South Griffin Street, Dallas, TX, 75202

NTEE Category

Code: A200 - Arts

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