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AFRICAN AMERICAN CULTURAL FESTIVAL OF RALEIGH WAKE COUNTY INC

RALEIGH, North Carolina, 27601

EIN: 90-0636941

Arts, Culture and Humanities

DEMOGRAPHIC

ADDRESS
5 W HARGETT ST
27601
COUNTY
wake county, NC
IN CARE OF NAME
GRADY BUSSEY

ORGANIZATIONAL OVERVIEW & RANKINGS

AFRICAN AMERICAN CULTURAL FESTIVAL OF RALEIGH WAKE COUNTY INC is a based in RALEIGH, NC, focused on Arts, Culture and Humanities causes , specifically Cultural, Ethnic Awareness. Established in February 2014, it operates as an independent corporation and contributions to this organization are tax-deductible .

With total assets of $54,122.00, this ranks 566,434 among 2,656,690 nonprofits nationally (Top 22%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 14,495 out of 80,207 organizations in NC (Top 19%).

In wake county, NC, the organization ranks 1,964 out of 10,332 nonprofits by assets (Top 19%), while locally in raleigh, it stands at 1,436 among 6,106 organizations (Top 24%).

The organization reported annual revenue of $319,571.00, ranking 230,460 nationally (Top 9%) and 6,622 in NC (Top 9%).

Within its specific NTEE classification (A23 - A: Arts, Culture and Humanities), which includes 12,629 similar organizations, AFRICAN AMERICAN CULTURAL FESTIVAL OF RALEIGH WAKE COUNTY INC ranks 1,586 in assets (Top 13%) and 484 in revenue (Top 4%).

Note: This organization's tax-exempt status was temporarily revoked on May 15, 2013 and was reinstated on May 15, 2013 .

The organization files a 990 (all other) or 990EZ return and operates on a November fiscal year.

CLASSIFICATION

ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A23: Cultural, Ethnic Awareness
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A

FINANCIALS

Note: A past revocation appears on the IRS revocation list
Revoked: Wednesday, May 15, 2013;
Reinstated: Wednesday, May 15, 2013
Data current as of Oct. 2024
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$319,571.00
FORM 990 REVENUE AMOUNT
$319,571.00
RULING DATE
02/2014
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$54,122.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return

Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.

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