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EIN 85-1340632

Venture Noire Inc Venture Noire

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Bentonville
State
Arkansas
Year formed
2020
Most recent tax filings
2022-12-01
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
Description
Venture Noire Inc Venture Noire aims to enhance the well-being of Black businesses by providing management services for small business owners and entrepreneurs. Although the organization did not incur any program expenses this tax year, their mission remains focused on improving the health of Black-owned businesses.
Total revenues
$1,458,170
2022
Total expenses
$1,001,264
2022
Total assets
$611,844
2022
Num. employees
0
2022

Program areas at Venture Noire Inc Venture Noire

City of Entrepreneurs

Who funds Venture Noire Inc Venture Noire

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Walton Family FoundationTo Advance Inclusive Entrepreneurship in Northwest Arkansas.$614,000
Ewing Marion Kauffman FoundationSupport for Working With KC Bizcare To Support Local Small Business Through New Programs, Ecosystem Research and Development of A Small Business Capital Fund That Targets Bipoc Entrepreneurs in the Kansas City Metro. 202206-12600$250,000

Personnel at Venture Noire Inc Venture Noire

NameTitleCompensation
Keenan BeasleyFounder Chairman$0

Financials for Venture Noire Inc Venture Noire

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,458,170
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,458,170

Form 990s for Venture Noire Inc Venture Noire

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2020-122021-08-06990EZView PDF
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
December 29, 2023
Received grants
Identified 1 new grant, including a grant for $614,000 from Walton Family Foundation
May 22, 2023
Received grants
Identified 2 new grant, including a grant for $685,500 from Walton Family Foundation
April 12, 2022
Used new vendors
Identified 1 new vendor, including
April 4, 2022
Updated personnel
Identified 1 new personnel
Nonprofit Types
Business and community development organizationsFamily service centersCharities
Issues
African AmericansBusiness and industry
Characteristics
State / local levelManagement and technical assistanceTax deductible donationsNo full-time employees
General information
Address
702 Se 5th St
Bentonville, AR 72712
Metro area
Fayetteville-Springdale-Rogers, AR
County
Benton County, AR
Website URL
venturenoire.org/ 
Phone
(646) 334-3475
IRS details
EIN
85-1340632
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2020
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S43: Management Services for Small Business, Entrepreneurs
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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