Cultural Museum of African Art Inc- the Eric Edwards Collection
Only null% goes to programs Strong reserves Growing revenue
Cultural Museum of African Art Inc- the Eric Edwards Collection is a 501(c)(3) organization based in Brooklyn, New York, registered in 2015, with $111,480 in FY2023 revenue. CharityIndex grades it C.
213 Taafe Place A111, Brooklyn, NY, 11205 EIN 90-0907203 Since 2015
Revenue (FY2023)
$111K
▼ 26.7% vs prior year
Arts & Culture median: $159K
Expenses (FY2023)
$125K
Net assets
$68K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Cultural Museum of African Art Inc- the Eric Edwards Collection— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
C+Financial health25% of the rating7 mo reserves · -12% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Cultural Museum of African Art Inc- the Eric Edwards Collection: 7 mo reserves · -12% margin earns a C+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Cultural Museum of African Art Inc- the Eric Edwards Collection— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Cultural Museum of African Art Inc- the Eric Edwards Collection: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 213 Taafe Place A111, Brooklyn, NY, 11205
- City
- Brooklyn
- State
- New York
- Category
- Arts, Culture & Humanities
- Subcategory
- Museums
Financial trends
Revenue grew from $108K (FY2014) to $111K (FY2023) across 9 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $10KNet assets $68K
Operating margin
-11.7%
Spent more than it raised in the latest fiscal year.
Total assets
$78K
Total liabilities
$10K
Net assets
$68K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $111,480▼26.7% | $124,566▼12.8% | $67,781▼16.2% | $78,181▼12.1% | 990EZ |
| 2022 | $152,113▲42.5% | $142,908▲61.6% | $80,867▲12.8% | $88,917▲11.7% | 990EZ |
| 2021 | $106,783▲106% | $88,447▲51.9% | $71,683▲34.4% | $79,583▲28.9% | 990EZ |
| 2020 | $51,856▼58.9% | $58,221▼54.5% | $53,347▼10.7% | $61,747▼8.3% | 990EZ |
| 2019 | $126,032▲18.1% | $127,970▲18.0% | $59,712▼3.1% | $67,312▼2.8% | 990EZ |
| 2018 | $106,721▲61.8% | $108,413▲64.5% | $61,650▲11.5% | $69,250▲16.4% | 990EZ |
| 2016 | $65,965▲89.0% | $65,911▲77.1% | $55,305▲0.1% | $59,505▲3.3% | 990EZ |
| 2015 | $34,904▼67.7% | $37,227▼26.5% | $55,251▼4.0% | $57,601 | 990EZ |
| 2014 | $108,195 | $50,621 | $57,574 | $57,574 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare Cultural Museum of African Art Inc- the Eric Edwards Collection
Frequently asked questions
- Is Cultural Museum of African Art Inc- the Eric Edwards Collection a legitimate nonprofit?
- Yes. Cultural Museum of African Art Inc- the Eric Edwards Collection is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 90-0907203, based in Brooklyn, New York. Donations are tax-deductible.
- What is Cultural Museum of African Art Inc- the Eric Edwards Collection's EIN?
- Cultural Museum of African Art Inc- the Eric Edwards Collection's Employer Identification Number (EIN) is 90-0907203.
- How much revenue does Cultural Museum of African Art Inc- the Eric Edwards Collection report?
- Cultural Museum of African Art Inc- the Eric Edwards Collection reported $111,480 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Cultural Museum of African Art Inc- the Eric Edwards Collection have?
- CharityIndex grades Cultural Museum of African Art Inc- the Eric Edwards Collection C, based on financial health (reserves and operating margin).
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Data for Cultural Museum of African Art Inc- the Eric Edwards Collection (EIN 90-0907203) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.