YMI CULTURAL CENTER INC

YMI CULTURAL CENTER INC

Asheville, NC, US
501(c)3
EIN
58-1448997

YMI CULTURAL CENTER INC

Asheville, NC, US
501(c)3
EIN
58-1448997

Overview

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Est.

1981

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

YMI Cultural Center Inc, with EIN 58-1448997, is a nonprofit organization dedicated to empowering the Black community by celebrating its rich cultural heritage through programs that preserve and promote African American arts and traditions. With an operating budget of $459.2K and total revenue of $1.1M for the 2024 filing year, the organization is committed to justice, equity, diversity, and inclusion. YMI Cultural Center does not rely on a single funder for 50% or more of its revenue, ensuring a diverse financial base to support its mission. More information can be found on their website at https://ymiculturalcenter.org.

Mission Statement

THE YMICC'S MISSION IS TO EMPOWER THE BLACK COMMUNITY TO CELEBRATE ITS RICH CULTURAL HERITAGE THROUGH PROGRAMS THAT PRESERVE AND PROMOTE AFRICAN AMERICAN ARTS AND TRADITIONS WITH A COMMITMENT TO JUSTICE, EQUITY, DIVERSITY AND INCLUSION.
Revenues

$1.1M

Expenses

$459.2K

Net Income:
+$601.8K
Assets

$6.2M

Liabilities

$3.3M

Net Assets:
+$2.9M
Operating Budget

$459.2K

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

6

Median grant size
$21.5K
Largest grant received
$100K
A
Anthony Thomas
Board Member
I
Iindia Pearson
Board Member
N
Nina Ireland
Board Member

Frequently Asked Questions

What is YMI CULTURAL CENTER INC’s budget?
In 2024, YMI CULTURAL CENTER INC reported an annual operating budget of around $459 thousand. More detailed financial information is available to registered users.
What causes does YMI CULTURAL CENTER INC support?
YMI CULTURAL CENTER INC supports work in Community improvement.
Where does YMI CULTURAL CENTER INC operate?
YMI CULTURAL CENTER INC is headquartered in Asheville, NC.
Who funded YMI CULTURAL CENTER INC recently?
In 2024, YMI CULTURAL CENTER INC received grants from NATIONAL TRUST FOR HISTORIC PRESERVATION IN THE UNITED STATES, WNC BRIDGE FOUNDATION, and SOUTHERNERS ON NEW GROUND INC. More information on this organization’s funders is available to registered users.
What is the largest grant YMI CULTURAL CENTER INC received in 2024?
The largest grant to YMI CULTURAL CENTER INC in 2024 exceeds $100 thousand.
What is YMI CULTURAL CENTER INC’s reliance on government grants?
YMI CULTURAL CENTER INC relied on government grants for more than 55% of their total revenue in 2024.
Overview
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