Charity Search / AFRICAN AMERICAN CULTURAL FESTIVAL OF RALEIGH WAKE COUNTY INC
Arts, Culture & Humanities (A23) 990 on File

AFRICAN AMERICAN CULTURAL FESTIVAL OF RALEIGH WAKE COUNTY INC

EIN: 90-0636941 · RALEIGH, NC 27601-1357 · United States · FY 2024 Data
3 out of 5
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$417K
Total Revenue
$459K
Total Expenses
$1K
Net Assets
3
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.0%
Fundraising Efficiency N/A
Operating Reserve 0.03x
Liability-to-Asset 35.5%
Revenue Diversification 76.5%
Executive Compensation $150K
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $417K $459K $1K 80.0% 3
2023 $417K $387K $83K 73.4% 3
2022 $320K $280K $54K 83.5% 2
2021 $221K $185K N/A 1
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Organization Details
EIN
90-0636941
State
NC
City
RALEIGH
ZIP
27601-1357
Classification
A23
Category
Arts, Culture & Humanities
Rating
50★
Last Updated
Aug 2026
Form 990
On File
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