Bellingrath-Morse Foundation

Analysis

Bellingrath-Morse Foundation is a registered charity in United States, based in Theodore, AL. It received its IRS tax-exemption ruling in August 1951, 75 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bellingrath-Morse Foundation reported income of $5.7m and spending of $4.7m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.7m to $5.7m (-35%), an average of -10% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Bellingrath-Morse Foundation sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within AL. Charities of a similar size with the same main cause include Memphis Symphony Orchestra Inc ($5.7m), Colorado Ballet Foundation ($5.7m) and Union Arts Center ($5.7m).

Compensation of current officers, directors and key employees was $118k (2.5% of expenses). At year end it held assets of $99.1m against liabilities of $96k, net assets of $99.0m.