Overview

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Est.

1981

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

YMI CULTURAL CENTER INC is a community improvement nonprofit focused on empowering the Black community to celebrate and preserve African American arts and traditions, with a mission grounded in justice, equity, diversity, and inclusion. In filing year 2025, it reported an operating budget of $455K and total revenue of $1M, and its listed top funders include DOGWOOD HEALTH TRUST ($1.1M, 2024), WNC BRIDGE FOUNDATION ($225.4K, 2024), and THE COMMUNITY FOUNDATION OF WESTERN NORTH CAROLINA INC ($104.1K, 2023).

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
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  • 17 funders
  • 27 board & team members
  • 10 historic 990s & financials
  • 6-year operating budget trend
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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.