Alabama Educational Television Foundation Authority

Analysis

Alabama Educational Television Foundation Authority is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in April 1985, 41 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Alabama Educational Television Foundation Authority reported income of $8.3m and spending of $6.6m, leaving 21% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.0m to $8.3m (+66%), an average of +14% a year. The sharpest change came in the year to September 2023, when income rose by 56%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Alabama Educational Television Foundation Authority sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include Ohio Aerospace Institute ($8.3m), Childrens Museum of Pittsburgh ($8.3m) and The Columbus Museum Inc ($8.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 40% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $132k (2.0% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $12.3m against liabilities of $984k, net assets of $11.3m. It reported 56 employees.