Alabama Media Foundation
- Assets
- $323.0k
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 20
- Location
- Birmingham, AL
- Founding
- Data as of
- 12/2023
- EIN
- 92-1307257
Organization Overview
Alabama Media Foundation is located in Birmingham, AL. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Alabama Media Foundation employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alabama Media Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF ALABAMA MEDIA FOUNDATION IS TO PROVIDE NEWS AND INFORMATION TO ALABAMIANS REGARDING STATE AND LOCAL GOVERNMENT, CULTURE, TRANSPORTATION, TAXES, EDUCATION, CRIME, AND OTHER PUBLIC- INTEREST ISSUES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALABAMA MEDIA FOUNDATION OPERATES 1819 NEWS AS AN EDUCATIONAL MEDIA OUTLET FOR THE STATE OF ALABAMA. THE MISSION IS TO INFORM ALABAMIANS OF PUBLIC-INTEREST ISSUES HAPPENING BOTH LOCALLY AND ACROSS THE STATE THROUGH ARTICLES, DAILY E-MAIL UPDATES, RADIO, PODCASTS, SOCIAL MEDIA, EVENTS, AND A MAGAZINE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Peeples Chairman | Trustee | 2 | $0 |
Josh Rhodes Director | Trustee | 2 | $0 |
Bryan Word Director | Trustee | 2 | $0 |
William Hand Director | Trustee | 2 | $0 |
Bryan Dawson Chief Executive Officer | Officer | 40 | $141,801 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $40,306 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,185,809 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,226,115 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,226,115 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,500 |
| 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. | $141,801 |
| Compensation of current officers, directors, key employees. | $141,801 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,050,599 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,383 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $36,973 |
| Information technology | $10,684 |
| Royalties | $0 |
| Occupancy | $42,954 |
| Travel | $40,883 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,827 |
| Insurance | $0 |
| All other expenses | $90,493 |
| Total functional expenses | $2,068,687 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,516 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $10,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,556 |
| Net Land, buildings, and equipment | $43,438 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $132,466 |
| Total assets | $322,976 |
| Accounts payable and accrued expenses | $37,118 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $128,430 |
| Total liabilities | $165,548 |
| Net assets without donor restrictions | $157,428 |
| Net assets with donor restrictions | $0 |
| 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 | $322,976 |