CAVE CANEM FOUNDATION INC

NEW YORK, NY, 10012-2420 (718) 858-0000 Est. 1997 EIN 13-3932909

B99Z - Education 990 - Public charity return 501(c)(3)

www.cavecanempoets.org

Mission

TO CULTIVATE THE ARTISTIC AND PROFESSIONAL GROWTH OF AFRICAN AMERICAN POETS; PROMOTE PUBLIC APPRECIATION OF THE MANY VOICES OF AFRICAN AMERICAN POETRY.

Financials

Total Revenue

$5,062,490

Total Expenses

$2,159,920

Net Assets

$4,040,054

7 employees

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

22.4 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 190.1%

Expenses ↑ 16.7%

Revenue Sources

Contributions 99.4% Earned revenue 0.2% Investment 0.3%

Expense Breakdown

Program 56.0% Management 26.0% Fundraising 18.0%

Officers & Key Employees (15)

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Grants Received (76)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$5,062,490 ↑	$2,159,920	$4,040,054
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$1,744,839 ↓	$1,850,542	$1,129,420
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$1,828,809 ↑	$1,220,736	$1,227,788
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$764,387 ↑	$580,344	$672,420
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$463,808	$392,505	$626,020