Liabilities / Assets
44th percentile
Higher debt load relative to assets than 44% of similar nonprofits.
Metropolitan Arts Center
EIN 23-7008513 • 501(c)3 • Birmingham, AL
Profile
To cultivate the arts in Jefferson County and the State of Alabama.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.04x
Liabilities / Revenue
55th percentile
Higher debt load relative to revenue than 55% of similar nonprofits.
Net Margin
71st percentile
Higher net margin than 71% of similar nonprofits.
Top Officer Pay
67th percentile
Higher top officer pay than 67% of similar nonprofits.
Top officer pay equals 6.7% of source-year revenue.
Asset Growth
69th percentile
Faster asset growth than 69% of similar nonprofits.
Revenue Growth
78th percentile
Faster revenue growth than 78% of similar nonprofits.
Balance Sheet
Assets
Up$4,177,148
Up $432,793 (+12%) from 2024
Liabilities
Up$157,257
Up $119,845 (+320%) from 2024
Net Assets
Up$4,019,891
Up $312,948 (+8.4%) from 2024
Revenue
Up$1,502,919
Up $394,301 (+36%) from 2024
Expenses
Down$1,224,410
Down $81,009 (-6.2%) from 2024
Net Income
Up$278,509
Up $475,310 (+242%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $4,177,148
- Liabilities
- $157,257
- Net assets
- $4,019,891
- Revenue
- $1,502,919
- Expenses
- $1,224,410
- Net income
- $278,509
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2024 to Jun 30, 2025
- Signed
- Jan 21, 2026
- Return Version
- 2024v5.5
- Gross Receipts
- $1,601,089
Mission and Program Overview
Mission
To cultivate the arts in Jefferson County and the State of Alabama.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $2,033,159 | $1,916,439 | ▼ $116,720 |
| Investments in Publicly Traded Securities | $1,337,589 | $1,351,448 | ▲ $13,859 |
| Accounts Receivable | - | $304,200 | - |
| Savings and Temporary Cash Investments | $79,703 | $197,146 | ▲ $117,443 |
| Cash and Non-Interest-Bearing Accounts | $265,554 | $165,738 | ▼ $99,816 |
| Prepaid Expenses and Deferred Charges | $28,350 | $37,409 | ▲ $9,059 |
| Total Assets | $3,744,355 | $4,177,148 | ▲ $432,793 |
| Other Assets Total | - | $204,768 | - |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $6,953 | $83,640 | ▲ $76,687 |
| Deferred Revenue | $30,459 | $73,617 | ▲ $43,158 |
| Total Liabilities | $37,412 | $157,257 | ▲ $119,845 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $3,706,943 | $4,019,891 | ▲ $312,948 |
| Total Net Assets Fund Balance | $3,706,943 | $4,019,891 | ▲ $312,948 |
| Total Liabilities and Net Assets / Fund Balance | $3,744,355 | $4,177,148 | ▲ $432,793 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $1,703,762 | $3,111,239 | $4,815,001 |
| Equipment | $52,677 | $763,237 | $815,914 |
| Land | $160,000 | - | $160,000 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Philip Mann | Executive Director | FT | $100,000 | $100,000 |
Board Members and Trustees
| Name | Title |
|---|---|
| Bradley Blair | Chairman |
| Charles D McCrary | Chairman Emeritus |
| P Nicholas Greenwood | Past Chair |
| Susan Nettles Han | Past Chair |
| Catherine Gilmore | President Emerita |
| Alison Howell Steineker | Vice Chairman |
| Beth Henderson | Board Member |
| Carol Maxwell | Board Member |
| Charles L Cornelius Jr | Board Member |
| Daniella Pigot | Board Member |
| David Tapley | Board Member |
| Donald W Dobbins Jr | Board Member |
| Dr Andrew Duxbury | Board Member |
| Dr Beth Norris | Board Member |
| Dr Tommy Bice | Board Member |
| Garland Smith | Board Member |
| Grey Yeager | Board Member |
| Hampton Y Stephens | Board Member |
| Jackie Samford | Board Member |
| John Iwanicki | Board Member |
| Judge Brendette Brown Green | Board Member |
| Katie Rogers | Board Member |
| Kelley Norwood | Board Member |
| Krystal Drummond | Board Member |
| Lisa Gaines | Board Member |
| Lucas Pepke | Board Member |
| Melody H Eagan | Board Member |
| Mike Hardee | Board Member |
| Polly Borasino | Board Member |
| Susan McCain | Board Member |
| Alton Parker | At Large |
| Betty McMahon | At Large |
| Eric McMillan McCall | At Large |
| Cliff Spencer | Secretary |
| David P Kassouf | Treasurer |
| Michael Kassouf | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $1,014,434
- Program Service Revenue
- $362,757
- Investment Income
- $109,283
- Other Revenue
- $16,445
- All Other Contributions
- $962,387
- Change in Net Assets
- $278,509
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $824,930 |
| Salaries, Compensation, and Employee Benefits | $399,480 |
| Total Fundraising Expense | $140,934 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $75,012 | $75,012 | $75,012 | $225,036 |
| Depreciation Depletion | $89,666 | $29,889 | - | $119,555 |
| Current Officers, Directors, Trustees, and Key Employees | $33,334 | $33,333 | $33,333 | $100,000 |
| Advertising | $78,988 | - | - | $78,988 |
| Other Expenses | $13,523 | $40,569 | - | $54,092 |
| Other Employee Benefits | $16,570 | $16,571 | $16,571 | $49,712 |
| Insurance | $35,368 | $8,842 | - | $44,210 |
| All Other Expenses | $28,451 | $7,612 | $7,774 | $43,837 |
| Fees for Services Accounting | - | $25,581 | - | $25,581 |
| Payroll Taxes | $8,244 | $8,244 | $8,244 | $24,732 |
| Fees for Services Legal | - | $9,320 | - | $9,320 |
| Interest | - | $595 | - | $595 |
| Total Functional Expenses | $768,334 | $315,142 | $140,934 | $1,224,410 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Interested-Person Transactions
| Interested Party | Relationship | Description | Shared Revenue | Amount |
|---|---|---|---|---|
| David P Kassouf | Treasurer | Preparation of tax returns and monthly financial statements. | No | $22,200 |