Alabama Symphony Endowment
EIN: 630965459 · Birmingham, AL · NTEE: T502
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $878K |
| Net Assets | $18.7M |
Is Alabama Symphony Endowment Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Alabama Symphony Endowment
Alabama Symphony Endowment (EIN: 630965459) is a nonprofit organization based in Birmingham, AL, classified under NTEE code T502. The organization reported total revenue of $2.8M and total assets of $22.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Alabama Symphony Endowment's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Alabama Symphony Endowment is a mid-size nonprofit that has been operating for 30 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $878K |
| Surplus / Deficit | +$1.0M |
| Total Assets | $18.7M |
| Net Assets | $18.7M |
| Operating Margin | 54.4% |
| Months of Reserves | 256.2 months |
Financial Health Grade: A
In 2023, Alabama Symphony Endowment reported a surplus of $1.0M with revenue exceeding expenses, holds 256.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Alabama Symphony Endowment's revenue has grown at a compound annual growth rate (CAGR) of 13.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +71.6% | +13.4% | +12.0% |
| 2022 | -19.9% | -36.2% | -10.1% |
| 2021 | -58.1% | +89.5% | +10.0% |
| 2020 | -24.0% | -55.4% | +19.0% |
| 2019 | +328.7% | -27.3% | +26.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Alabama Symphony Endowment has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Alabama Symphony Endowment with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.0M, with revenue exceeding expenses.
Frequently Asked Questions about Alabama Symphony Endowment
Is Alabama Symphony Endowment a legitimate charity?
Based on AI analysis of IRS 990 filings, Alabama Symphony Endowment (EIN: 630965459) insufficient data. 0 red flags identified, 0 strengths noted.
How does Alabama Symphony Endowment spend its money?
Detailed spending breakdown data is not yet available for Alabama Symphony Endowment. Check back for updated IRS 990 analysis.
Are donations to Alabama Symphony Endowment tax-deductible?
Alabama Symphony Endowment is registered as a tax-exempt nonprofit (EIN: 630965459). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Alabama Symphony Endowment located?
Alabama Symphony Endowment is headquartered in Birmingham, Alabama and files with the IRS under EIN 630965459. It is classified under NTEE code T502.
How many years of IRS 990 filings does Alabama Symphony Endowment have?
Alabama Symphony Endowment has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.8M in total revenue.
Filing History
IRS 990 filing history for Alabama Symphony Endowment showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Alabama Symphony Endowment's revenue has grown by 370.5%, moving from $410K to $1.9M. Total assets increased by 42.4% over the same period, from $13.2M to $18.7M. Total functional expenses rose by 2.1%, from $860K to $878K. In its most recent filing year (2023), Alabama Symphony Endowment reported a surplus of $1.0M, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $878K | $18.7M | $0 | — | View 990 |
| 2022 | $1.1M | $774K | $16.7M | $5K | — | View 990 |
| 2021 | $1.4M | $1.2M | $18.6M | $3K | — | View 990 |
| 2020 | $3.3M | $641K | $16.9M | $0 | — | View 990 |
| 2019 | $4.4M | $1.4M | $14.2M | $0 | — | View 990 |
| 2018 | $1.0M | $2.0M | $11.2M | $0 | — | View 990 |
| 2017 | $1.6M | $1.5M | $12.5M | $300K | — | View 990 |
| 2016 | $732K | $709K | $12.1M | $0 | — | View 990 |
| 2015 | $1.0M | $1.3M | $13.5M | $0 | — | View 990 |
| 2014 | $561K | $1.1M | $14.4M | $0 | — | View 990 |
| 2013 | $1.1M | $764K | $13.3M | $0 | — | View 990 |
| 2012 | $370K | $564K | $12.5M | $5K | — | View 990 |
| 2011 | $410K | $860K | $13.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $878K, and assets of $18.7M (revenue +71.6% year-over-year).
- 2022: Revenue of $1.1M, expenses of $774K, and assets of $16.7M (revenue -19.9% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.2M, and assets of $18.6M (revenue -58.1% year-over-year).
- 2020: Revenue of $3.3M, expenses of $641K, and assets of $16.9M (revenue -24.0% year-over-year).
- 2019: Revenue of $4.4M, expenses of $1.4M, and assets of $14.2M (revenue +328.7% year-over-year).
- 2018: Revenue of $1.0M, expenses of $2.0M, and assets of $11.2M (revenue -33.8% year-over-year).
- 2017: Revenue of $1.6M, expenses of $1.5M, and assets of $12.5M (revenue +112.1% year-over-year).
- 2016: Revenue of $732K, expenses of $709K, and assets of $12.1M (revenue -29.5% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.3M, and assets of $13.5M (revenue +85.2% year-over-year).
- 2014: Revenue of $561K, expenses of $1.1M, and assets of $14.4M (revenue -50.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $764K, and assets of $13.3M (revenue +204.2% year-over-year).
- 2012: Revenue of $370K, expenses of $564K, and assets of $12.5M (revenue -9.6% year-over-year).
- 2011: Revenue of $410K, expenses of $860K, and assets of $13.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Alabama Symphony Endowment:
Data Sources and Methodology
This transparency report for Alabama Symphony Endowment is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.