Institute of Black Invention & Technology Inc
Donations deductibleRevenue
$3k
year to 31 December 2024
Expenses
$7k
year to 31 December 2024
Total assets
$10k
$0 liabilities
Net assets
$10k
assets less liabilities
Directors and trustees
3
8.1 years on average
Left since last filing
0
no seats appear to have opened
Officers and senior staff
2
named in Part VII
Activity
A57
Arts, culture and humanities
Institute of Black Invention & Technology Inc's network
3 people1 organisationi3 people and 1 organisation on this map.The large node is the subject of this page. Solid lines are what the register itself records (3). Violet dotted lines (1) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
3 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Time served and departures are observed across annual filings. Observed time served is a lower bound - a member may have joined before the first year on record.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Barbara Terry | President | 2018 | 8 yrs |
| Kenneth Stone | Treasurer | 2019 | 7 yrs |
| Sherri Drake | Vice President | 2018 | 8 yrs |
Under 5 years5 to 6 years6 years or more
Officers and senior leadership
2 listediNamed in Part VII as officers, key employees or highest-compensated staff - not board members, shown for completeness.| Name | Title as filed | On the filings |
|---|---|---|
| Carroll Lamb | Executive Director | 2018 |
| Sandra Lamb | Executive Director | since 2020 |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Barbara Terry | President | 1 | $0 | ||
| Sandra Lamb | Executive Director | 5 | $0 | ||
| Sherri Drake | Vice President | 1 | $0 | ||
| Kenneth Stone | Treasurer | 1 | $0 | ||
| Nabou Dieng-Strife | Seccretary | 1 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Institute of Black Invention & Technology Inc
- EIN
- 010811660
- Address
- 712 W 48th St Apt 302, Kansas City, MO, 64112-1811
- State
- Missouri
- Activity (NTEE)
- A57 Arts, culture and humanities
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Arts, Culture & Humanities
- Size band
- 2 (IRS master file code)
- IRS ruling date
- 1 April 2005
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 7, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsBarbara Terry
≥8years on the filingsSherri Drake
≥7years on the filingsKenneth Stone
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $10k
- Total liabilities
- $0
- Net assets or fund balances
- $10k
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $3k | $7k | Deficit $3k |
As filed on the IRS Form 990. US dollars.