INTERNATIONAL AFRICAN AMERICAN MUSEUM Charity Report

Public IRS 990 nonprofit record

INTERNATIONAL AFRICAN AMERICAN MUSEUM

EIN 20-3398254 · Museums (A50)

What they do

THE MISSION of THE INTERNATIONAL AFRICAN AMERICAN MUSEUM (IAAM) is to HONOR THE UNTOLD STORIES of THE AFRICAN AMERICAN JOURNEY AT ONE of OUR COUNTRYS MOST SACRED SITES. IAAM STEWARDS STORIES and COLLECTIONS GROUNDED IN DIASPORIC, NATIONAL, and SOUTH CAROLINA HISTORY to SHARE IMPACT of AFRICAN AMERICAN CULTURE and HISTORY.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $58.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders35 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

63.19%of revenue went to mission work58.6% of expenses · Program services

20.08%of revenue went to fundraising18.6% of expenses

$107.92spent for every $100 of revenueSpending was higher than revenue this year.

24.65%of revenue went to management and office costs22.8% of expenses

$6.11in assets for every $1 spent this yearSome assets cannot be spent right away.

72.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $883,273 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $242,548 for DR TONYA MATTHEWS (CHIEF EXECUTIVE OFFICER). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$11,151,191

Mission workProgram services$7,046,39063.19% of revenue58.6% of expenses

ManagementOffice and general costs$2,748,40524.65% of revenue22.8% of expenses

FundraisingAsking for donations$2,239,66920.08% of revenue18.6% of expenses

Total expenses$12,034,464107.92% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 58.6% mission · 22.8% management · 18.6% fundraisingTotal expenses: 107.92% of revenue

2023Expense mix: 26.6% mission · 54.1% management · 19.3% fundraisingTotal expenses: 189.85% of revenue

2022Expense mix: 20.0% mission · 13.5% management · 66.5% fundraisingTotal expenses: 160.39% of revenue

2021Expense mix: 33.2% mission · 11.7% management · 55.2% fundraisingTotal expenses: 20.08% of revenue

2020Expense mix: 55.3% mission · 8.1% management · 36.6% fundraisingTotal expenses: 88.51% of revenue

2019Expense mix: 45.9% mission · 25.7% management · 28.4% fundraisingTotal expenses: 9.63% of revenue

2018Expense mix: 81.1% mission · 7.9% management · 10.9% fundraisingTotal expenses: 31.65% of revenue

2017Expense mix: 47.2% mission · 13.9% management · 38.9% fundraisingTotal expenses: 8.86% of revenue

Money in and money out

Revenue$11,151,191

Expenses$12,034,464

Annual shortfall $883,273 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,046,390 · 58.6% of expenses

Management and office costs$2,748,405 · 22.8% of expenses

Fundraising$2,239,669 · 18.6% of expenses

See all reported dollar amounts

Revenue$11,151,191

Expenses$12,034,464

Assets$73,547,323

Income$11,229,435

Contributions$8,081,659

Mission work (program services)$7,046,390

Fundraising$2,239,669

Grants given$3,000,000

Average grant$3,000,000

Management and general$2,748,405

Stocks and bonds$100,086

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DR TONYA MATTHEWSCHIEF EXECUTIVE OFFICER · 40 hrs/week $242,548Base $229,982 · Other $12,566

DIANNE FIRMENTCHIEF FINANCIAL OFFICER · 40 hrs/week $241,012Base $229,191 · Other $11,821

VIRGINIA DEERINMAJOR GIFTS OFFICER · 40 hrs/week $161,519Base $151,605 · Other $9,914

MALIKA PRYORCHIEF LEARNING & ENGAGEMENT OFFICER · 40 hrs/week $155,689Base $144,925 · Other $10,764

ROBYN WEBB WILLIAMSDEVELOPMENT DIRECTOR · 40 hrs/week $114,676Base $108,010 · Other $6,666

ROBYN WATERSTONDEVELOPMENT DIRECTOR · 40 hrs/week $110,374Base $109,621 · Other $753

RONALD BURNETTEFACILITIES DIRECTOR · 40 hrs/week $102,500

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (35)

DR TONYA MATTHEWSCHIEF EXECUTIVE OFFICER

DIANNE FIRMENTCHIEF FINANCIAL OFFICER

VIRGINIA DEERINMAJOR GIFTS OFFICER

MALIKA PRYORCHIEF LEARNING & ENGAGEMENT OFFICER

ROBYN WEBB WILLIAMSDEVELOPMENT DIRECTOR

ROBYN WATERSTONDEVELOPMENT DIRECTOR

RONALD BURNETTEFACILITIES DIRECTOR

VERNITA BROWNDIRECTOR

ROSS A APPELDIRECTOR

WILBUR E JOHNSON ESQDIRECTOR

LENARD MCKELVEYDIRECTOR

ROBERT E BRANANDIRECTOR

RICHARD D ELLIOTT ESQDIRECTOR

REV DR KYLON J MIDDLETONDIRECTOR

REV DR ISAAC J HOLT JRDIRECTOR

P KEITH WARINGVICE CHAIR, EX-OFFICIO

MINOR MICKEL SHAWDIRECTOR

MIGNON CLYBURNDIRECTOR

WILLIAM COGSWELLDIRECTOR

MICHAEL P GIANONIDIRECTOR

ANNA GLASSDIRECTOR

KENT MATLOCKDIRECTOR

JOSEPH P RILEY JRDIRECTOR

JAMES HAIRSTONSECRETARY

HENRY E DARBYDIRECTOR

HALLE TECCODIRECTOR

GRADY L CROSBYBOARD CHAIR

GEORGE LOENINGDIRECTOR

ERWIN MADDREY IITREASURER

DR TAMARA BUTLERDIRECTOR

DR HEATHER ANDREA WILLIAMSDIRECTOR

DR DWAUN WARMACKDIRECTOR

DR DAVID GOLTRADIRECTOR

CAROLYN MURRAYDIRECTOR

BISHOP CLAUDE ALEXANDERDIRECTOR

About this charity

Recognized since: January 2007
Location: 14 WHARFSIDE ST, CHARLESTON, SC 29401-1596
County: Charleston
In care of: % TRACY GEIER
Primary officer: DIANNE FIRMENT, CFO

How to reach them

WebsiteVisit the charity’s website Phone(843) 872-5352

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: ELLIOTT DAVIS ADVISORY LLC
NTEE classification: Museums (A50)
IRS tax category: Museums
Grant-giving organization: Yes