MONTGOMERY AREA BUSINESS COMMITTEE FOR THE ARTS

EIN: 630792803 501(c)(3)

MONTGOMERY, AL

Total Revenue
$96,654
Total Expenses
$100,395
Total Assets
$64,275
Net Assets
$64,275
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
AL
Principal Officer
ASHLEY LEDBETTER
Phone
3342632224
Tax Period
2022-06-01 to 2023-05-31

MONTGOMERY AREA BUSINESS COMMITTEE FOR THE ARTS, founded in 1979, is a small nonprofit that reported $162K in total revenue in fiscal year 2017. Revenue fell 29% from the prior year — a significant decline worth monitoring.

Mission

TO GENERATE AND ENCOURAGE PUBLIC SUPPORT FOR PROGRAMS ENCOURAGING CREATIVITY IN THE WORKPLACE AND ENHANCING SCHOOL ARTS EDUCATION THROUGH RECOGNITION PROGRAMS THAT INFORM THE COMMUNITY OF THE CONTRIBUTIONS THAT BUSINESSES MAKE TO THE ARTS, CONSULTING SERVICES WHICH PROVIDE A DIRECT RESOURCE TO BUSINESSES INTERESTING IN INCORPORATING THE ARTS INTO SPECIFIC AREAS SUCH AS MARKETING, EMPLOYEE ACTIVITIES AND PUBLIC RELATIONS, EDUCATIONAL PROGRAMS AND SEMINARS WHICH EDUCATE ARTS GROUPS ON TOPICS OF INTEREST, AND MEDIA WHICH INCLUDES HIGHLIGHTS OF THE ACHIEVEMENTS OF MEMBER COMPANIES IN THEIR SUPPORT OF THE ARTS AND EDUCATION OF THE COMMUNITY AS TO THE MISSION OF MABCA.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $62,335
Program Service Revenue $34,319
Investment Income $0
Other Revenue $0
TOTAL REVENUE $96,654

Expense Breakdown

Grants Paid $0
Salaries & Benefits $30,944
Fundraising Expenses $0
Program Expenses $91,031
Other Expenses $69,451
TOTAL EXPENSES $100,395

Year-over-Year Comparison

2022 2021 Change
Revenue $96,654 $90,028 +0.1%
Expenses $100,395 $58,822 +0.7%
Net Income $-3,741 $31,206 -1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
35
Independent Members
35
Employees
1
Volunteers
18

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$29,083
Total Directors
41
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD ARMAGOST BOARD MEMBER 1.00
Director
$0 $0 $0
G CARLTON BARKER BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT BIRMINGHAM BOARD MEMBER 1.00
Director
$0 $0 $0
JUDKINS D BLOUNT BOARD MEMBER 1.00
Director
$0 $0 $0
RONALD C BROWN BOARD MEMBER 1.00
Director
$0 $0 $0
MARK BUNTING BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT BURNS BOARD MEMBER 1.00
Director
$0 $0 $0
GENE CRANE BOARD MEMBER 1.00
Director
$0 $0 $0
R GUY DAVIS JR BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN H FOSHEE BOARD MEMBER 1.00
Director
$0 $0 $0
MAYOR BILL GILLESPIE BOARD MEMBER 1.00
Director
$0 $0 $0
RUSTY GREGORY BOARD MEMBER 1.00
Director
$0 $0 $0
BARRIE H HARMON III BOARD MEMBER 1.00
Director
$0 $0 $0
JANICE G HAWKINS BOARD MEMBER 1.00
Director
$0 $0 $0
HORACE HORN BOARD MEMBER 1.00
Director
$0 $0 $0
CARYN C HUGHES BOARD MEMBER 1.00
Director
$0 $0 $0
RHON JONES BOARD MEMBER 1.00
Director
$0 $0 $0
MAYOR AL KELLEY BOARD MEMBER 1.00
Director
$0 $0 $0
DR ELLIOT A KNIGHT BOARD MEMBER 1.00
Director
$0 $0 $0
PETE KNIGHT JR BOARD MEMBER 1.00
Director
$0 $0 $0
JAKE KYSER BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN W LIVINGS BOARD MEMBER 1.00
Director
$0 $0 $0
LEE PARKS BOARD MEMBER 1.00
Director
$0 $0 $0
MAYOR STEVEN REED BOARD MEMBER 1.00
Director
$0 $0 $0
JIM L RIDLING BOARD MEMBER 1.00
Director
$0 $0 $0
JOE B RILEY BOARD PRESIDENT 1.00
Director
$0 $0 $0
SHERON ROSE BOARD MEMBER 1.00
Director
$0 $0 $0
DR QUINTON T ROSS JR BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT RUNKLE BOARD MEMBER 1.00
Director
$0 $0 $0
LESLIE SANDERS BOARD MEMBER 1.00
Director
$0 $0 $0
JUSTICE WILLIAM B SELLERS BOARD MEMBER 1.00
Director
$0 $0 $0
MARK J SNEAD JR BOARD MEMBER 1.00
Director
$0 $0 $0
TODD STRANGE BOARD MEMBER 1.00
Director
$0 $0 $0
JIMMY STUBBS BOARD MEMBER 1.00
Director
$0 $0 $0
GALEN THACKSTON BOARD MEMBER 1.00
Director
$0 $0 $0
W RUSSELL TYNER BOARD MEMBER 1.00
Director
$0 $0 $0
BOB VARDAMAN BOARD MEMBER 1.00
Director
$0 $0 $0
CLEO WASHINGTON BOARD MEMBER 1.00
Director
$0 $0 $0
PRESIDENT CAMERON WEST BOARD MEMBER 1.00
Director
$0 $0 $0
GEORGE WILDRE BOARD MEMBER 1.00
Director
$0 $0 $0
MAYOR JERRY WILLIS BOARD MEMBER 1.00
Director
$0 $0 $0
ASHLEY DUBOSE LEDBETTER EXECUTIVE DIRECTOR 20.00
Officer
$29,083 $0 $29,083
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $96,654 $100,395 $64,275 $-3,741
2022 $90,028 $58,822 $68,016 $31,206
2021 $47,555 $74,369 $36,851 $-26,814
2020 $241,971 $236,562 $75,017 $5,409
2019 $179,768 $201,765 $58,331 $-21,997
2018 $162,262 $157,415 $82,333 $4,847
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