Malcolm X Memorial Foundation
Malcolm X Memorial Foundation reported $11.2 million in revenue and $583,821 in expenses for calendar year 2024. Of every $100 it spent, $99.96 went to program services, $0.00 to management and general costs and $0.04 to fundraising. Its largest source of revenue was contributions and grants: 98.9% of the total. Government grants made up 97.2%. The highest compensation it reported for one person was $57,923 (Executive Director). Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $584KFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $11MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 100.0% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 98.9% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 97.2% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $57,923 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 9.92% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 220.1 | 13.3 |
| Independent voting board members Part VI 1a–1b | 7 of 7 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| Executive Director Director/trustee, key employee, 55 hrs/week | $57,923 | $0 | $0 | $57,923 |
0 people received more than $100,000 in reportable compensation from Malcolm X Memorial Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $57,923 (Part IX, line 5).
1 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b7 · 7 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 54
- Volunteers Part I, line 615
Private foundation grants it received
2 private foundations reported grants to Malcolm X Memorial Foundation totaling $53,500 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Malcolm X Memorial Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Malcolm X Memorial Foundation, you can publish a response that is linked from this page.
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Of every $100 Malcolm X Memorial Foundation spent in 2024, $99.96 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Malcolm X Memorial Foundation's spending goes to programs?
In calendar year 2024, Malcolm X Memorial Foundation reported that 100.0% of its $583,821 in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Malcolm X Memorial Foundation pay its top executive?
The largest total compensation Malcolm X Memorial Foundation reported for one person in calendar year 2024 was $57,923, for the role of Executive Director (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Malcolm X Memorial Foundation get its money?
Of $11.2 million in revenue in calendar year 2024, 98.9% came from contributions and grants (including 97.2% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Malcolm X Memorial Foundation a registered charity?
The IRS lists EIN 47-0648270 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202543199349301504 · read the filing · XML
All filings for EIN 47-0648270: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.