Muhammad Ali Museum And Education
- Assets
- $31.3m
- Revenue
- $5.5m
- Investments
- $1.9m
- Employees
- 52
- Location
- Louisville, KY
- Founding
- 12/1998
- Data as of
- 12/2022
- 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 12/2022, Muhammad Ali Museum And Education employed 52 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 12/2022, Muhammad Ali Museum And Education generated $5.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $4.9m during the year ending 12/2022. 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
2022
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.
FACILITY RENTAL. REVENUE GENERATED FROM COMMUNITY ORGANIZATIONS, BUSINESSES AND INDIVIDUALS HOLDING EVENTS IN THE VARIOUS RENTAL SPACES AT THE MUHAMMAD ALI CENTER.
PARTNER PROGRAMSIN 2022, THE CENTER CONTINUED ITS PARTNERSHIP 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.
CENTER FOR HUMANITY AND JUSTICEIN 2022, THE ALI CENTER ESTABLISHED THE CENTER FOR HUMANITY AND JUSTICE (CHJ), AN EDUCATIONAL INSTITUTION DEDICATED TO MOBILIZING MUHAMMAD ALI'S LEGACY THROUGH CURRICULAR AND EXPERIENTIAL LEARNING. IN PARTNERSHIP WITH THE MUHAMMAD ALI MUSEUM, THE CHJ CREATES OPPORTUNITIES FOR COMMUNITY MEMBERS TO BE ACTIVATORS OF SOCIAL CHANGE. THE CHJ FEATURES SEVERAL OPPORTUNITIES FOR COMMUNITY MEMBERS OF ALL AGES TO PARTICIPATE IN EDUCATIONAL AND COMMUNITY BUILDING PROGRAMMING BOTH INSIDE AND OUTSIDE ITS WALLS. PROGRAMS INCLUDE OUR CHAMPION'S LEAGUE YOUTH LEADERSHIP ACADEMY, MUHAMMAD ALI SOCIAL JUSTICE CURRICULUM, AND DIVERSITY, EQUITY, INCLUSION, AND ANTI-RACISM PROFESSIONAL DEVELOPMENT TRAININGS. CHJ PARTICIPANTS ENGAGE IN DIALOGUE THAT AMPLIFIES COMMUNITY-ENGAGED LEADERSHIP THAT EMPLOYS THE TOOLS NECESSARY TO CHALLENGE THE SYMPTOMS OF SYSTEMIC OPPRESSION. THE CHJ IS A UNIQUE AND INSPIRING INSTITUTION THAT CELEBRATES THE LIFE AND LEGACY OF ONE OF THE GREATEST ATHLETES AND HUMANITARIANS OF OUR TIME WHILE ALSO SERVING AS A CATALYST FOR POSITIVE SOCIAL CHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Croft Jr Immediate Past Chair | OfficerTrustee | 2 | $0 |
Rashad Abdur-Rahman Member-At-Large | Trustee | 2 | $0 |
Bennie Ivory Chair | OfficerTrustee | 2 | $0 |
Lonnie Ali Vice-Chair And Founder | OfficerTrustee | 2 | $0 |
Roula Allouch Vice-Chair | OfficerTrustee | 2 | $0 |
Robert L Decker Member-At-Large | Trustee | 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 | $5,728 |
| Fundraising events | $1,597 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,678,687 |
| Noncash contributions included in lines 1a–1f | $78,330 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,686,012 |
| Total Program Service Revenue | $793,746 |
| Investment income | $57,484 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $408,835 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $179,294 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $351,691 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,477,062 |
| 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. | $317,705 |
| Compensation of current officers, directors, key employees. | $63,541 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,301,095 |
| Pension plan accruals and contributions | $30,826 |
| Other employee benefits | $180,896 |
| Payroll taxes | $144,260 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $3,683 |
| Fees for services: Accounting | $22,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $437,895 |
| Advertising and promotion | $40,196 |
| Office expenses | $202,717 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $365,227 |
| Travel | $4,930 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $137,704 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,389,185 |
| Insurance | $118,401 |
| All other expenses | $17,413 |
| Total functional expenses | $4,896,370 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,952,766 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $61,000 |
| Accounts receivable, net | $15,302 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $89,940 |
| Prepaid expenses and deferred charges | $20,833 |
| Net Land, buildings, and equipment | $26,276,106 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,866,584 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $33,053 |
| Total assets | $31,315,584 |
| Accounts payable and accrued expenses | $297,558 |
| Grants payable | $0 |
| Deferred revenue | $54,028 |
| 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 | $33,053 |
| Total liabilities | $384,639 |
| Net assets without donor restrictions | $28,984,825 |
| Net assets with donor restrictions | $1,946,120 |
| 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 | $31,315,584 |