Nonprofit · EIN 11-2953522
INTERNATIONAL AFRICAN ARTS FESTIVAL
Tax-exempt · BROOKLYN, NY 11216
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $337,922 | $303,459 | $34,463 | $120,328 | $117,246 | $3,082 |
| September 30, 2024 | 990 | $441,715 | $408,614 | $33,101 | $127,001 | $158,382 | -$31,381 |
| September 30, 2023 | 990 (amended) | $530,435 | $519,083 | $11,352 | $107,005 | $171,487 | -$64,482 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $178,036
- of which government grants
- $141,935
- Program service revenue
- $155,513
- Investment income
- $0
- Other revenue
- $4,373
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $24,312
- Salaries, compensation and benefits (total)
- $28,877
- Professional fundraising fees
- $0
- Legal fees
- $2,300
- Accounting fees
- $11,075
- Occupancy
- $31,246
- Travel
- $11,997
- Program services (functional)
- $250,870
- Management and general (functional)
- $51,739
- Fundraising (functional)
- $850
Balance sheet and other
- Total assets, start of year
- $127,001
- Total assets, end of year
- $120,328
- Total liabilities, end of year
- $117,246
- Net assets, end of year
- $3,082
- Net assets without donor restrictions
- $3,082
- Gross receipts
- $337,922
- Employees
- 18
- Volunteers
- 35
- Year formed
- 1987
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Segun Shabaka PhD | Chairman Trustee or director, Officer | 25 | $0 |
| Omare Kinsey | Treasurer Trustee or director, Officer | 12 | $0 |
| Deborah Buie | Secretary Trustee or director, Officer | 12 | $0 |
| Beatrice Sabir | Trustee Trustee or director | 10 | $0 |
| Adeyemi Bandele | Trustee Trustee or director | 15 | $0 |
| Rahima Lee | Trustee Trustee or director | 5 | $0 |
| Jumaane Jumatatu Torrence | Trustee Trustee or director | 15 | $0 |
| Damon Bware Van Zant | Trustee Trustee or director | 15 | $0 |
990 for the year ended September 30, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Segun Shabaka PhD | Chairman Trustee or director, Officer | 25 | $0 |
| Omare Kinsey | Treasurer Trustee or director, Officer | 12 | $0 |
| Deborah Buie | Secretary Trustee or director, Officer | 12 | $0 |
| Beatrice Sabir | Trustee Trustee or director | 10 | $0 |
| Adeyemi Bandele | Trustee Trustee or director | 15 | $0 |
| Clark R Arrington Esq | Trustee Trustee or director | 10 | $0 |
| Ajale-Olasena Coard | Trustee Trustee or director | 15 | $0 |
| Rahima Lee | Trustee Trustee or director | 5 | $0 |
| Jumaane Jumatatu Torrence | Trustee Trustee or director | 15 | $0 |
| Damon Bware Van Zant | Trustee Trustee or director | 7 | $0 |
990 for the year ended September 30, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Segun Shabaka PhD | Chairman Trustee or director, Officer | 25 | $0 |
| Omare Kinsey | Treasurer Trustee or director, Officer | 5 | $0 |
| Deborah Buie | Secretary Trustee or director, Officer | 5 | $0 |
| Beatrice Sabir | Trustee Trustee or director | 5 | $0 |
| Adeyemi Bandele | Trustee Trustee or director | 10 | $0 |
| Clark Arrington | Trustee Trustee or director | 2 | $0 |
| Ajale' Coard | Trustee Trustee or director | 2 | $0 |
| Rahima Lee | Trustee Trustee or director | 2 | $0 |
| Duma Ndlovu | Trustee Trustee or director | 2 | $0 |
| Jumaane Jumatatu Torrence | Trustee Trustee or director | 2 | $0 |
| Damon Bware Van Zant | Trustee Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 1360 FULTON ST STE 401, BROOKLYN, NY 11216-2600
- Principal officer (990 for 2024)
- Segun Shabaka
- Signed the 990
- Segun Shabaka PhD, Executive Director
- Phone
- (718) 638-6700
- Website
- www.iaafestival.org
- Return prepared by
- BNBCPA
Mission
As Brooklyn's oldest and largest African Festival. The International African Arts Festival's mission is to preserve, present and celebrate the cultural traditions of African people.
Program accomplishments
- International African Arts Festival - Every year a festival is held in Brooklyn for many of the borough's millions of residents, the Festival was attended by thousands of people over a period of four to five days where African, American African, and Caribbean Culture was shared and celebrated with a multicultural audience.Expenses $246,500 · revenue $155,513
- The Libation Celebration - This is the opening program and ceremony for the International African Arts Festival IAAFESTIVAL, which is held every July Fourth Weekend. Libation is held in May or early June. It features some of the artists who are performing at the Festival itself. The event also commemorates many of the recent and past IAAFESTIVAL and community ancestors.Expenses $4,370
- Annual Malcolm X Awards - Every year the International African Arts Festival recognizes a select group of activists for their contributions to the world African community.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 11-2953522
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1989
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $120,328
- Income (IRS master file)
- $337,922
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $337,922 | $303,459 | $120,328 | XML |
| 990 | September 2024 | $441,715 | $408,614 | $127,001 | XML |
| 990 | September 2023 | $530,435 | $519,083 | $107,005 | XML |
| 990 | September 2022 | $408,923 | $561,867 | $51,188 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-EZ | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2953522).
Questions about INTERNATIONAL AFRICAN ARTS FESTIVAL
- What is the EIN of INTERNATIONAL AFRICAN ARTS FESTIVAL?
- The employer identification number (EIN) of INTERNATIONAL AFRICAN ARTS FESTIVAL is 11-2953522.
- Is INTERNATIONAL AFRICAN ARTS FESTIVAL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to INTERNATIONAL AFRICAN ARTS FESTIVAL tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INTERNATIONAL AFRICAN ARTS FESTIVAL file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INTERNATIONAL AFRICAN ARTS FESTIVAL due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERNATIONAL AFRICAN ARTS FESTIVAL last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of INTERNATIONAL AFRICAN ARTS FESTIVAL?
- The 990 for the year ended September 30, 2025 names Segun Shabaka.
- Who are the officers and directors of INTERNATIONAL AFRICAN ARTS FESTIVAL?
- The 990 for the year ended September 30, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does INTERNATIONAL AFRICAN ARTS FESTIVAL have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $337,922, expenses of $303,459 and total assets of $120,328 at year end.
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