Alabama Values

Analysis

Alabama Values is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in January 2022, 4 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 December 2023, Alabama Values reported income of $401k and spending of $343k, spending 85% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $235k to $401k (+71%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 103%. Over the whole period it spent 66% 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 Values sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include Wheels O Time Museum ($401k), Owen-Cox Dance Group ($401k) and Shaker Bridge Theatre Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $180k (53% of expenses). Other salaries and wages came to $27k. At year end it held assets of $314k against liabilities of $4,785, net assets of $310k.