Mary P Gallagher Tr Uw Item Iv is located in Birmingham, AL. The organization was established in 1972. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary P Gallagher Tr Uw Item Iv 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 12/2023, Mary P Gallagher Tr Uw Item Iv generated $11.0k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $12.8k during the year ending 12/2023. While expenses have increased by 0.6% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $5,097 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $5,769 |
Capital Gain Net Income | $5,769 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $172 |
Total Revenue | $11,038 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $3,983 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $68 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $5,051 |
Contributions, gifts, grants paid | $7,778 |
Total expenses and disbursements | $12,829 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $3,086 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $174,196 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $177,282 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, Mary P Gallagher Tr Uw Item Iv has awarded $7,778 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
MONTGOMERY CITY-COUNTY LIBRARY PURPOSE: GENERAL OPERATING | $3,889 |
RIVER REGION UNITED WAY PURPOSE: GENERAL OPERATING | $3,889 |