Civic Intelligence

African Arts Academy

990EZ • Fiscal year 2021 • EIN 81-3494218

Jan 01, 2021 to Dec 31, 2021 • Filed on Jul 27, 2022

33 Seneca Avenue Suite 401San Francisco, CA 94112

(415) 200-6679

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

76th percentile

33%

Higher net margin than 76% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

84th percentile

65%

Faster asset growth than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

77th percentile

57%

Faster revenue growth than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$31,878

Up $12,551 (+65%) from 2020

Net Assets

Up

$31,878

Up $13,551 (+74%) from 2020

Liabilities

Down

$0

Down $1,000 (-100%) from 2020

Revenue

Up

$41,571

Up $15,009 (+57%) from 2020

Expenses

Up

$28,020

Up $18,160 (+184%) from 2020

Net Income

Down

$13,551

Down $3,151 (-19%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40K$30K$20K$10K$0Assets 2018: $845Liabilities 2018: $0Net Assets 2018: $8452018Assets 2019: $20,837Net Assets 2019: $20,8372019Assets 2020: $19,327Liabilities 2020: $1,000Net Assets 2020: $18,3272020Assets 2021: $31,878Liabilities 2021: $0Net Assets 2021: $31,8782021Assets 2022: $18,998Liabilities 2022: $0Net Assets 2022: $18,9982022Assets 2023: $13,008Liabilities 2023: $0Net Assets 2023: $13,0082023Assets 2024: $6,926Net Assets 2024: $6,9262024

Highlighted filing

2021

Assets$31,878
Liabilities$0
Net Assets$31,878

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2018: $22,569Expenses 2018: $21,724Net Income 2018: $8452018Revenue 2019: $19,212Expenses 2019: $17,287Net Income 2019: $1,9252019Revenue 2020: $26,562Expenses 2020: $9,860Net Income 2020: $16,7022020Revenue 2021: $41,571Expenses 2021: $28,020Net Income 2021: $13,5512021Revenue 2022: $59,581Expenses 2022: $65,085Net Income 2022: -$5,5042022Revenue 2023: $109,395Expenses 2023: $99,842Net Income 2023: $9,5532023Revenue 2024: $42,387Expenses 2024: $49,044Net Income 2024: -$6,6572024

Highlighted filing

2021

Revenue$41,571
Expenses$28,020
Net Income$13,551
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Jul 27, 2022
Return Version
2021v4.0
Gross Receipts
$41,571
Mission and Program Overview

Mission

Our mission is to provide education, specializing in the doctrines of teaching arts and crafts, originating in the African diaspora. We focus on research of specific art forms, which include, but is not limited to science, music, dance, theater, culinary, African Languages, fashion, cosmetic, hair and more, both traditionally and digitally. We utilize new technologies, based on the spirit of diversity, dynamic growth, sustainability, social justice, and the pursuit of intellectual entrepreneurship. At the same time, we preserve Africa's most ancient, cultural and natural heritages through art education and special public events, for generations to come.

Program Services

DescriptionGrantsExpenses
LIVE CONCERTS FEATURING AFRICAN IMMIGRANT ARTISTS AND ARTISTS OF THE AFRICAN DIASPORA SHOWCASING ORIGINAL MUSIC AND DANCE. CODUCTED DANCE AND DRUM WORKSHOPS FOR YOUTH AND ADULTS. PRODUCED VIDEO SERIES OF TRADITIONAL DRUM RHYTHM WORKSHOPS.$7,137-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEYE MARTINPres, Exec DPT$0--
RODNEY EEARL JACKSONSecretary, DPT$0--
DEVI RAMATreasurer, DPT$0--
Filing and Contact Details

Filer

Filer Name
African Arts Academy
EIN
81-3494218
Phone
4152006679
Address
33 SENECA AVENUE SUITE 401, SAN FRANCISCO, CA 94112

Signing Officer

Name
Leye Felicite Martin
Title
Pres, Exec Director
Signed
2022-07-27
Discuss with paid preparer
Yes

Preparer

Firm
API - Accounting Practices
Address
1390 Willow Pass Road Suite 360, Concord, CA 94520
Preparer
Timothy Mulgrew EA CDFA
Phone
9258272222
Supplemental Narrative

Additional Explanations

Other Expenses.1001

Advertising and Promotion $20

Other Expenses.1002

Office Expenses $4360

Other Expenses.1005

Travel $1547

Other Expenses.1009

Depreciation $274

Other Expenses.1012

Insurance $218

Other Expenses.1

EVENT EXPENSES $7137

Other Expenses.2

WEBSITE $2544

Other Expenses.3

TELEPHONE EXPENSE $409

Other Expenses.4

License & registrations $25

Other Assets.1002

Furniture and Fixtures - Beginning $0 Furniture and Fixtures - Ending $1200

Other Assets.1004

Miscellaneous - Beginning $684 Miscellaneous - Ending $410

Other Assets.1005

Accounts Receivable - Beginning $10721 Accounts Receivable - Ending $10721

Other Assets.1

SECURITY DEPOSIT - Beginning $0 SECURITY DEPOSIT - Ending $250

Other Assets.2

DIRECTOR LOAN - Beginning $0 DIRECTOR LOAN - Ending $1200

Total Liabilities.1

EIDL LOAN - Beginning $1000 EIDL LOAN - Ending $0

Raw XML Appendix180 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $20
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Office Expenses $4360
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Travel $1547
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Depreciation $274
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $218
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ReturnHeader/Filer/EIN0813494218
ReturnHeader/Filer/PhoneNum04152006679
ReturnHeader/Filer/USAddress/AddressLine1Txt033 SENECA AVENUE SUITE 401
ReturnHeader/Filer/USAddress/CityNm0SAN FRANCISCO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd094112
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0API - Accounting Practices
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ReturnHeader/PreparerPersonGrp/PhoneNum09258272222
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Timothy Mulgrew EA CDFA
ReturnHeader/ReturnTs02022-07-27T17:28:21-07:00
ReturnHeader/ReturnTypeCd0990EZ
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ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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Filings