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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 87-2821432

BLACK ART LIBRARY INC

Tax-exempt · DETROIT, MI 48214

Financials

$65K$61K2024
Revenue Expenses · by fiscal year end
Financials of BLACK ART LIBRARY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$65,000$60,575$4,425$4,425–$4,425
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$65,000
Program service revenue
$0
Investment income
$0

Expenses

Compensation of officers, directors and key employees
$26,000
Salaries, compensation and benefits (total)
$26,000
Professional fees and payments to contractors
$7,500
Occupancy
$26,700
Printing, publications and postage
$375
Program services (functional)
$7,500

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$4,425
Total liabilities, end of year
–
Net assets, end of year
$4,425
Cash, savings and investments
$4,425
Gross receipts
$65,000

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Asmaa WaltonFounder28$26,000

Address and contacts

Address (IRS master file)
1414 HOLCOMB ST, DETROIT, MI 48214-2923
Mailing address (990-N for 2024)
1414 Holcomb St, Detroit MI 48214
Principal officer (990-N for 2024)
Asmaa Walton, 1414 Holcomb St, Detroit MI 48214
Signed the 990-EZ
Asmaa Walton, Executive Director

Mission

Black Art Librarys primary exempt purpose is to preserve document and advance Black visual art and cultural history through research archival access public programs exhibitions and educational initiatives that increase knowledge scholarship and public engagement with artists of the African diaspora. To preserve and promote Black visual art and cultural history through archival research public programs exhibitions and educational initiatives.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Presented public programs lectures conversations and educational events that engage diverse audiences in learning about Black visual art artists and cultural contributions. Developed and supported exhibitions and curatorial initiatives that highlight the work of Black artists. Organized programs designed to advance public understanding foster dialogue and support arts education.
    Expenses $7,500

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-N on file
2023December 31, 2023May 15, 2024990-N on file

File the 2025 990-N for BLACK ART LIBRARY INC

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
87-2821432
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
2021
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$4,425
Income (IRS master file)
$65,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Asmaa Walton
December 31, 2024≤ $50,000 receipts––e-Postcard
990-EZDecember 2024$65,000$60,575$4,425XML
990-N for 2023
Officer: Asmaa Walton
December 31, 2023≤ $50,000 receipts––e-Postcard
990-N for 2022
Officer: Asmaa Walton
December 31, 2022≤ $50,000 receipts––e-Postcard
990-N for 2021
Officer: Asmaa Walton
December 31, 2021≤ $50,000 receipts––e-Postcard

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 87-2821432).

Questions about BLACK ART LIBRARY INC

What is the EIN of BLACK ART LIBRARY INC?
The employer identification number (EIN) of BLACK ART LIBRARY INC is 87-2821432.
Is BLACK ART LIBRARY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to BLACK ART LIBRARY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BLACK ART LIBRARY INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BLACK ART LIBRARY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BLACK ART LIBRARY INC last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended December 31, 2024.
Who is the principal officer of BLACK ART LIBRARY INC?
The 990-N for 2024 names Asmaa Walton.
Who are the officers and directors of BLACK ART LIBRARY INC?
The 990-EZ for the year ended December 31, 2024 lists 1 person; 1 received compensation from the organization, the highest $26,000 (Asmaa Walton, Founder).
How much revenue does BLACK ART LIBRARY INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $65,000, expenses of $60,575 and total assets of $4,425 at year end.

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