The L E Coleman African American Museum Foundation Inc is a 501(c)(3) organization based in Halifax, Virginia, registered in 2004, with $4,746 in FY2024 revenue. CharityIndex grades it F.
Revenue (FY2024)
$4,746
▼ 83.1% vs prior year
Education median: $200K
Expenses (FY2024)
$18K
Net assets
$27K
Employees
—
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 The L E Coleman African American Museum Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 The L E Coleman African American Museum Foundation Inc: 18 mo reserves · -281% margin earns a F on this criterion. See the exact thresholds →
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 The L E Coleman African American Museum Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 The L E Coleman African American Museum Foundation Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $10K (FY2012) to $4,746 (FY2024) across 10 reported years.
Financial snapshot
Operating margin
-280.5%
Spent more than it raised in the latest fiscal year.
Total assets
$27K
Net assets
$27K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,746▼83.1% | $18,060▲8.0% | $26,643▼33.3% | $26,643▼33.3% | 990EZ |
| 2023 | $28,070▲178% | $16,723▲61.5% | $39,957▲39.7% | $39,957▲24.9% | 990EZ |
| 2022 | $10,087▼18.4% | $10,357▲6.7% | $28,610▼0.9% | $32,000 | 990EZ |
| 2021 | $12,354▲122% | $9,707▼14.4% | $28,880▲10.1% | $32,000 | 990EZ |
| 2020 | $5,577▼68.9% | $11,344▼17.3% | $26,233▼18.0% | $32,000 | 990EZ |
| 2019 | $17,961▲62.6% | $13,709▲25.6% | $32,000▲15.3% | $32,000 | 990EZ |
| 2018 | $11,046▲369% | $10,914▲30.1% | $27,748▲0.5% | $32,000 | 990EZ |
| 2017 | $2,355▼82.0% | $8,388▼47.5% | $27,616▲111% | $32,000▲144% | 990EZ |
| 2014 | $13,096▲25.7% | $15,988▲42.8% | $13,096▼58.1% | $13,096▼58.1% | 990EZ |
| 2012 | $10,421 | $11,198 | $31,223 | $31,223 | 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.
1 grant to The L E Coleman African American Museum Foundation Inc totaling $10K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Sentara Health | Employee survey year end gift | 2022 | $10,000 |
Explore more
Data for The L E Coleman African American Museum Foundation Inc (EIN 04-3657230) 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.