Muhammad Ali Museum And Education
- Assets
- $31.1m
- Revenue
- $4.6m
- Investments
- $2.2m
- Employees
- 34
- Location
- Louisville, KY
- Founding
- 12/1998
- Data as of
- 12/2021
- EIN
- 61-1323046
Organization Overview
Muhammad Ali Museum And Education is located in Louisville, KY. The organization was established in 1998. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Muhammad Ali Museum And Education employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Muhammad Ali Museum And Education is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Muhammad Ali Museum And Education generated $4.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $4.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PRESERVE AND SHARE THE LEGACY AND IDEALS OF MUHAMMAD ALI.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL TOURS AND YOUTH PROGRAMMINGTHE MUHAMMAD ALI CENTER PROVIDES OUTREACH AND EDUCATIONAL TOUR EXPERIENCES TO SCHOOL CHILDREN PRIMARILY IN GRADES K-12. PROGRAMMING THEMES INCLUDE CIVICS AND CITIZENSHIP, CIVIL RIGHTS, CHARACTER EDUCATION, AND OTHER TOPICS THAT ARE BASED ON THE TEMPORARY EXHIBITS ON DISPLAY AT THE CENTER. THEY INCORPORATE THE LEGACY OF MUHAMMAD ALI AND THE SIX CORE PRINCIPLES OF THE CENTER: CONFIDENCE, CONVICTION, DEDICATION, GIVING, RESPECT, AND SPIRITUALITY. IN ADDITION, THE MAC OFFERS COMPREHENSIVE AFTER-SCHOOL PROGRAMS FOR HIGH SCHOOL YOUTH. THESE PROGRAMS FOCUS ON LEADERSHIP DEVELOPMENT AND SERVICE-LEARNING WHERE STUDENTS EXPLORE STRATEGIES FOR POSITIVE SOCIAL CHANGE, LEADERSHIP SKILLS, AND SOCIAL JUSTICE ISSUES GROUNDED IN THE LIFE AND CORE PRINCIPLES OF MUHAMMAD ALI.
PARTNER PROGRAMSIN 2021, THE CENTER PARTNERED WITH HANOVER COLLEGE TO CREATE AN INNOVATIVE, FRESHMAN CURRICULA PROGRAM, REPLACING THE TYPICAL "COMMON READING" EXPERIENCE HOSTED BY MOST UNIVERSITIES WITH A "COMMON EXPERIENCE" AT THE MUHAMMAD ALI CENTER. THIS EXPERIENCE PROVIDED STUDENTS WITH THE OPPORTUNITY TO ENGAGE WITH THE CENTER THROUGH A TAILORED TOUR AND A COMMUNITY-BUILDING WORKSHOP. ADDITIONALLY, THE CENTER'S MUHAMMAD ALI CURRICULUM WAS INCORPORATED INTO THE COLLEGE'S REQUIRED 101 COURSE FOR ALL FIRST-YEAR STUDENTS. THE ALI CENTER'S CURRICULUM IS DESIGNED TO INSPIRE RACIAL AND SOCIAL JUSTICE ACTION BY PARTICIPANTS. THE COURSEWORK CONTAINS LESSONS FOR EACH OF THE FAMED BOXER'S SIX CORE PRINCIPLES FOCUSED ON CRITICAL CONSCIOUSNESS EDUCATION: CONFIDENCE, CONVICTION, DEDICATION, GIVING, RESPECT AND SPIRITUALITY. THE PROGRAM USES AN EVIDENCE-BASED APPROACH TO LEARNING, DESIGNED TO HELP ALL STUDENTS UNDERSTAND SYSTEMS OF OPPRESSION AND THEIR ROLES AS AGENTS OF CHANGE. ALL FACULTY LEADS FOR THIS COURSE RECEIVED FACILITATION TRAINING FROM THE MAC'S EDUCATION TEAM OVER THE SUMMER.
PUBLIC PROGRAMS AND EVENTSPROVIDED TO OUR DAY-TO-DAY VISITORS TO THE CENTER, THESE VARIOUS PROGRAMS GENERALLY REFLECT ON THE CENTER'S MISSION AND SIX CORE PRINCIPLES, AS WELL AS RACIAL AND SOCIAL JUSTICE. NOTABLY, IN 2021, THE MUHAMMAD ALI CENTER CURATED AND HOSTED ITS ANNUAL ATHLETES AND SOCIAL CHANGE FORUM. THE PROGRAM CONVENES ATHLETES, SCHOLARS, PRACTITIONERS, POLICYMAKERS AND ADVOCATES WHO ARE ALL WORKING TO ADVANCE THE REALM OF SPORT AND SOCIAL CHANGE THROUGH THE PRACTICE OF MUHAMMAD ALI'S SIX CORE PRINCIPLES. THE 2021 FORUM SOUGHT TO GIVE SPACE AND VOICE TO COLLECTIVE ACTION AND THE POLITICAL POWER OF ATHLETES AND SPORT. SPECIFIC FOCUS AREAS INCLUDED: 1. ENGAGING SPORT TO FURTHER EQUALITY AND INCLUSION; 2. USING SPORT TO PROMOTE JUSTICE AND FIGHT INJUSTICE; AND 3. MOBILIZING AND ORGANIZING THE POLITICAL POWER OF ATHLETES AND SPORT.
FACILITY RENTAL. REVENUE GENERATED FROM COMMUNITY ORGANIZATIONS, BUSINESSES AND INDIVIDUALS HOLDING EVENTS IN THE VARIOUS RENTAL SPACES AT THE MUHAMMAD ALI CENTER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Douglas Interim President/ceo | Officer | 40 | $137,981 |
Jeanie B Kahnke Senior Director Of Pr And | 40 | $109,434 | |
Elizabeth Vissing Senior Director Events & O | 40 | $106,115 | |
Donald Lassere Former President/ceo | 40 | $91,249 | |
Bennie Ivory Vice-Chair | OfficerTrustee | 2 | $0 |
Lonnie Ali Vice-Chair And Founder | OfficerTrustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
G&m Maintenance Inc Maintenance | 12/30/18 | $194,220 |
Rosa Mosaic & Tile Company Flooring Company | 12/30/18 | $140,880 |
Kentuckiana Law Enforcement Security Services | 12/30/18 | $106,645 |
Video Solutions Inc Exhibit Technology | 12/30/18 | $100,348 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $5,285 |
| Fundraising events | $77,500 |
| Related organizations | $0 |
| Government grants | $1,768,252 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,414,548 |
| Noncash contributions included in lines 1a–1f | $171,920 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,265,585 |
| Total Program Service Revenue | $496,935 |
| Investment income | $235,336 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $207,722 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $78,691 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $278,919 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,563,188 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $229,230 |
| Compensation of current officers, directors, key employees. | $45,846 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $936,766 |
| Pension plan accruals and contributions | $33,469 |
| Other employee benefits | $200,976 |
| Payroll taxes | $105,244 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,268 |
| Fees for services: Accounting | $21,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $239,262 |
| Advertising and promotion | $39,667 |
| Office expenses | $314,063 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $310,152 |
| Travel | $1,288 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,380 |
| Interest | $9,865 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,399,326 |
| Insurance | $116,306 |
| All other expenses | $7,526 |
| Total functional expenses | $4,165,462 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,303,447 |
| Savings and temporary cash investments | $1,660 |
| Pledges and grants receivable | $12,000 |
| Accounts receivable, net | $11,906 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $72,720 |
| Prepaid expenses and deferred charges | $14,516 |
| Net Land, buildings, and equipment | $27,518,327 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $2,197,015 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $31,131,591 |
| Accounts payable and accrued expenses | $385,941 |
| Grants payable | $0 |
| Deferred revenue | $42,933 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $428,874 |
| Net assets without donor restrictions | $28,437,702 |
| Net assets with donor restrictions | $2,265,015 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $31,131,591 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Muhammad Ali Museum And Education has recieved totaling $126,955.
| Awarding Organization | Amount |
|---|---|
Jps Peace Love & Happiness Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $100,000 |
James Graham Brown Foundation Inc Louisville, KY PURPOSE: CITY OF ALI FILM | $10,000 |
Association Of Science-Technology Centers Incorporated Washington, DC PURPOSE: COMMUNITIES FOR IMMUNITY VACCINE CONFIDENCE PROGRAM GRANT AWARD | $8,700 |
Aarp Washington, DC PURPOSE: Sponsorship of Humanitarian Awards and Days of Greatness event | $7,000 |
Leroy Neiman And Janet Byrne Neiman Foundation Inc New York, NY PURPOSE: ALI CENTER MUHAMMAD ALI BLACK BACKGROUND - 30 POSTERS | $600 |
Leroy Neiman And Janet Byrne Neiman Foundation Inc New York, NY PURPOSE: ALI CENTER MUHAMMAD ALI WHITE BACKGROUND - 15 POSTERS | $300 |
Endowment Analysis
| Beg. Balance | $2,149,248 |
| Earnings | $47,767 |
| Ending Balance | $2,197,015 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Johnny Morris Wonders Of Wildlife Foundation Springfield, MO | $84,645,334 | $34,583,902 |
Adler Planetarium Chicago, IL | $62,060,707 | $24,242,958 |
National Corvette Museum Foundation Inc Bowling Green, KY | $80,229,990 | $15,403,313 |
Mariners Museum Newport News, VA | $159,780,245 | $10,021,200 |
Eiteljorg Museum Of American Indians And Western Art Inc Indianapolis, IN | $95,582,001 | $21,664,008 |
Tennessee Golf Foundation Franklin, TN | $24,594,928 | $7,116,069 |
Discovery Park Of America Inc Union City, TN | $88,157,973 | $11,219,580 |
Kentucky Derby Museum Corporation Louisville, KY | $35,033,343 | $10,633,125 |
Tennessee State Museum Foundation Nashville, TN | $6,574,867 | $116,981 |
Adventure Science Center Nashville Nashville, TN | $22,045,170 | $10,457,321 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Tennessee Valley Railroad Museum Inc Chattanooga, TN | $14,724,108 | $5,452,372 |