King Records Legacy Foundation Inc

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

EIN: 853433658 ✦ Cincinnati, OH ✦ Designated as a 501(c)(3)

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Overview

What is King Records Legacy Foundation Inc?

The King Records Legacy Foundation Inc is a nonprofit organization that seeks to honor and amplify the ongoing legacy of King Records. Located on Brewster Avenue, its mission is to preserve and revitalize the iconic record label, serving as a platform to educate and engage communities through its rich musical, cultural, and civil rights heritage. To accomplish this, the foundation has built organizational structure by hiring an Executive Director and providing necessary administrative and fundraising support. They are also initiating renovation programs at the site to bring King Records back to life, aiming to enliven communities and celebrate the label's enduring impact.

Is King Records Legacy Foundation Inc legitimate?

King Records Legacy Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. King Records Legacy Foundation Inc submitted a form 990EZ, 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.

What is the mission statement of King Records Legacy Foundation Inc?

The King Records Legacy Foundation's mission is centered around honoring and amplifying the legacy of King Records. This includes preserving and reintroducing a central King Records headquarters. The organization's purpose extends to educating communities about its profound musical, cultural, and civil rights heritage. To accomplish its goals, the foundation has established a solid organizational structure by recruiting an Executive Director and providing administrative and fundraising support. Furthermore, it has initiated programs aimed at initial site renovations.

Who is the CEO of King Records Legacy Foundation Inc?

Edgar Smith is the Vice President of King Records Legacy Foundation Inc.

What is the revenue of King Records Legacy Foundation Inc?

King Records Legacy Foundation Inc's revenue in 2022 was $145,500.

Who are the executives of King Records Legacy Foundation Inc and what are their salaries?


Here are 16 key members and their salaries:


Kent Butts Executive Dir (Chairman)
  • Compensation: $66,667
  • Related: $0
  • Other: $0
Edgar Smith (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patti Collins (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Dewitt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elliott Ruther (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anzora Adkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yasmin Chilton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Collins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Dahan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin Hawkins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bridget Patton (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Paul (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carl Satterwhite (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valarie Sheppard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Stallworth (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Otis Williams (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for King Records Legacy Foundation Inc?

King Records Legacy Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of King Records Legacy Foundation Inc

The King Records Legacy Foundation, a nonprofit entity, is dedicated to honoring and elevating the enduring legacy of King Records. Their primary mission involves preserving and relaunching a centralized King Records headquarters, aiming to educate and engage communities through its profound musical, cultural, and civil rights heritage. To accomplish these objectives, the foundation has set up organizational structures, hiring an Executive Director and providing administrative and fundraising support. Additionally, they have initiated programs geared towards refurbishing the site, thereby working towards their mission of celebrating and sharing the rich history of King Records.

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Impact




October, 2024

King Records Legacy Foundation Inc is dedicated to celebrating and preserving the historic legacy of King Records, a significant cultural landmark in Cincinnati. By focusing on the preservation and relaunch of King Records on Brewster Avenue, the foundation not only honors the rich musical heritage associated with the label but also highlights its connections to civil rights and cultural expression.

Through educational programs and community engagement, the foundation seeks to enliven the surrounding community and foster appreciation for the contributions of King Records to American music and culture. The establishment of an organizational framework with a dedicated Executive Director and administrative support enables the foundation to initiate site renovations and develop programs that further its mission. By doing so, it aims to create a vibrant space that serves as a hub for historical reflection, artistic expression, and community dialogue, thereby reinforcing the important legacy of King Records in shaping musical history and cultural identity.




This information is meant to be a general summary of King Records Legacy Foundation 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
$145,500 (2022)
Expenses
$91,883 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $145,500

Assets and Liabilities:

  • Total Assets: $58,539
  • Total Liabilities: $0
  • Net Assets: $58,539

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Organization Details

Principal Officer

Edgar Smith

Main Address

PO Box 31206, Cincinnati, OH, 45231

NTEE Category

Code: A50 - Arts

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