NonprofitsBlac Inc

Employment

Blac Inc

CHICAGO, IL

Total revenue

$357K

Total expenses

$418K

Net assets

$55K

Grants received

$16K

2 grants

EIN

854258202

Tax year

2024

Mission

To bring more young black people into advertising, ensuring they can fully express themselves, find community, and ultimately lead.

Programs

1 program

In 2022 blac hired its first full-time staff member, welcoming an executive director to lead the organization. Additionally, part-time temporary consultants were brought in to support project-based efforts and the expansion of the summer internship program. Blac's signature program, the blac internship program, doubled in size and reach in 2022, expanding from 11 host agencies supporting 32 interns, to 22 host agencies nationwide supporting 59 program interns. The program expanded to 12 weeks this year, from 8 weeks in 2021, and was able to educate, compensate, train, and provide hands-on experiences to interns through the immersive program prepping participants for roles in advertising agencies.

Expenses: $258K

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$356K
Investment income$168
Other revenue
Total revenue$357K

Expenses

Grants paid
Salaries & benefits$175K
Fundraising
Other expenses$243K
Total expenses$418K
Total assets$62K
Net assets$55K

People

3 listed

NameRoleCompensation

CHRISTY HILER

SECREARY

Board

AVIGAIL SCHLOSSER

TREASURER

Board

CHRISTOPHER WITHERSPOON

CHAIRMAN

Board

Grants received

Showing 2 of 2

FromAmountPurposeYear
$6K
For grant recipient's exempt purposes
2023
$10K
For grant recipient's exempt purposes
2022

Funded by

$16K from 1 funder · 2 grants · 2022–2023

Fidelity Investments Charitable Gift Fund

$16K · 2 grants · 2022–2023

Details

EIN854258202
NTEE codeJ21
Subsection03
Ruling date2024-04
Formed2021
Employees1
BLAC INC — Mission, Financials & Grants Received | Grantivo