Charity Search / ALABAMA INSTITUTE FOR EDUCATION IN THE ARTS
Arts, Culture & Humanities (A70Z) 990 on File

ALABAMA INSTITUTE FOR EDUCATION IN THE ARTS

EIN: 72-1358216 · MONTGOMERY, AL 36117-4605 · United States · FY 2024 Data
3 out of 5 54 / 100 Based on 2+ years of filings
Financial strength (30%) 94/100
Reliability (20%) 55/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$140K
Total Revenue
$143K
Total Expenses
$253K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 80.7%
Fundraising Efficiency N/A
Operating Reserve 21.20x
Liability-to-Asset 1.9%
Revenue Diversification 98.4%
Compared with Peers
FY 2024
Compared with 12,711 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
80.7% 82.0%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
21.2 mo 9.8 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
1.9% 1.8%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
98.4% 79.8%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
18.2% 8.1%
P10P90
Expense growth
Year over year expense growth
-8.3% 8.8%
P10P90
Surplus margin
Surplus as a share of revenue
-2.3% 1.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $140K $143K $253K 80.7% —
2023 $118K $156K $256K 93.3% —
2022 $101K $145K $294K 85.2% —
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Organization Details
EIN
72-1358216
State
AL
City
MONTGOMERY
ZIP
36117-4605
Classification
A70Z
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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