Talladega First INC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $100 a year.

How does your 990 look to donors? Take the 10-Question Audit

To provide for the economic, cultural and civic pride revitalization of the city of talladega's historic courthouse district by providing quality and diverse lively arts performances in the restored ritz theater, a restored art deco performance center.

Form 990 Part I, line 1, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 63-0918897) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
90¢ of each $1 spent went to programs.
Run by 50 volunteers and 1 employee.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $47K a year · 19% of revenue · last 6 filings
A surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
90%
of spending
90% of spending went to programs.
Pt IX · Ln 25 · col B
40.8 mo
of spending, in cash
40.8 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $39
1 funder names it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$3K
0.3% of total assets
Liabilities are 0.3% of assets.
Pt X · Ln 26
Independent board members
19
of 19 voting members
19 of 19 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$256K
+26% vs prior year
Spent
$196K
To programs
90%
Net assets
$922K
By yearFY2019–FY2024
Revenue
$256K
FY2024▲ +26%
Tap a bar for its year
Revenue by fiscal year
FY2019$308K
FY2020$144K
FY2021$456K
FY2022$142K
FY2023$203K
FY2024$256K
Expenses
$196K
FY2024▼ -18%
Tap a bar for its year
Expenses by fiscal year
FY2019$285K
FY2020$130K
FY2021$175K
FY2022$206K
FY2023$238K
FY2024$196K
Net assets
$922K
FY2024▲ +7%
Tap a bar for its year
Net assets by fiscal year
FY2019$665K
FY2020$680K
FY2021$961K
FY2022$897K
FY2023$862K
FY2024$922K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1987.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

90 cents of each dollar spent went to programs.

Program services 90% · $175K Management & general 9% · $17K Fundraising 2% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

18 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Chair, Execu
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
See Talladega First INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Revitalizes historic district with diverse live arts performances.

Questions for Talladega First INC

Tap to ask. Talladega First INC sees how many people are interested.

Your first name shows with your question. Talladega First INC answers here, for everyone.

1 program · $175K · in their own filed words · FY2024
01

Operated and maintained the ritz theater and provided quality and diverse lively arts performances for the citizens of Talladega and the surrounding area which provided an economic boost to the city of Talladega.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 63-0918897) · Dispute this line
$175Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 1 funder$39

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$256K
Ln 12
Gifts and grantsLn 1h$141K
Fees for servicesLn 2g$75K
Other incomeLn 4–11$21K
Money outPt IX
$196K
Ln 25
Programscol B$175K
Managementcol C$17K
Fundraisingcol D$3K
Owns and owesPt X
$922K
net assets · Ln 32
Cash and savingsLn 1–2$665K
Total assetsLn 16$925K
LiabilitiesLn 26$3K
PeoplePt VI, VII
18
listed · VII A
PaidVII A0
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$141K
Government grantsLn 1e$55K
Fees for servicesLn 2g$75K
Investment incomeLn 3$20K
Other incomeLn 4–11$21K
Total revenueLn 12$256K
Assets in detailPt X, end of year
CashLn 1$86K
SavingsLn 2$579K
Cash and savings togetherLn 1–2$665K
Land, buildings, equipmentLn 10c$260K
Total assetsLn 16$925K
LiabilitiesLn 26$3K
Net assetsLn 32$922K
OperationsPt I, VI
EmployeesI 51
VolunteersI 650
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$642K$665K
Land, buildings, equipmentLn 10c$222K$260K
Total assetsLn 16$864K$925K
LiabilitiesLn 26$3K$3K
Net assetsLn 32$862K$922K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$57K$49K$6K$3K
Other employee benefitsLn 9$10K$8K$981$491
Payroll taxesLn 10$3K$2K$267$133
Accounting feesLn 11c$825$825
Advertising and promotionLn 12$9K$9K
Office expensesLn 13$4K$1K$3K
OccupancyLn 16$20K$17K$3K
InterestLn 20$336$168$168
Depreciation, depletion and amortizationLn 22$23K$23K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$60K$57K$3K
All other expensesLn 24e$4K$4K
Total functional expensesLn 25$196K$175K$17K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest ViewingFiled with the IRS Nov 14, 2025 $256K$196K$60K$922K 990 PDF
FY2023Filed with the IRS Nov 14, 2024 $203K$238K−$35K$862K 990 PDF
FY2022Filed with the IRS Nov 15, 2023 $142K$206K−$64K$897K 990 PDF
FY2021Filed with the IRS Nov 14, 2022 $456K$175K$281K$961K 990 PDF
FY2020Filed with the IRS Mar 2, 2022 $144K$130K$15K$680K 990 PDF
FY2019Filed with the IRS Mar 2, 2022 $308K$285K$23K$665K 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2024 990
Part I · Summary $256,148 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $103,824$140,549
I-9 Program service revenuePrior year $67,619$75,008
I-10 Investment incomePrior year $6,934$19,626
I-11 Other revenuePrior year $24,841$20,965
I-12 Total revenuePrior year $203,218$256,148
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $70,506$69,923
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $167,909$125,885
I-18 Total expensesPrior year $238,415$195,808
I-19 Revenue less expensesPrior year −$35,197$60,340
Part VI · Governance 19 of 19 board members independent, 1 to look at
VI-1a Voting members of the governing body19
VI-1b Independent voting members19
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $256,148 across 7 lines filed
VIII-1e Government grants$55,135
VIII-1f All other contributions, gifts and grants$85,414
VIII-1h Total contributions, gifts and grants$140,549
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $75,008$75,008
VIII-3 Investment incomeExcluded from tax $19,626$19,626
VIII-8 Net income from fundraising eventsExcluded from tax $20,965$20,965
VIII-12 Total revenueRelated to mission $75,008 · Excluded from tax $40,591$256,148
Part IX · Statement of functional expenses $195,808 across 12 lines filed
IX-7 Other salaries and wagesPrograms $48,828 · Management $5,744 · Fundraising $2,872$57,444
IX-9 Other employee benefitsPrograms $8,340 · Management $981 · Fundraising $491$9,812
IX-10 Payroll taxesPrograms $2,267 · Management $267 · Fundraising $133$2,667
IX-11c Accounting feesManagement $825$825
IX-12 Advertising and promotionPrograms $8,949$8,949
IX-13 Office expensesPrograms $1,319 · Management $2,816$4,135
IX-16 OccupancyPrograms $17,444 · Management $2,902$20,346
IX-20 InterestPrograms $168 · Management $168$336
IX-22 Depreciation, depletion and amortizationPrograms $22,762$22,762
IX-23 InsurancePrograms $4,329$4,329
IX-24 Other expenses (24a–d)Programs $57,099 · Management $3,227$60,326
IX-24e All other expensesPrograms $3,877$3,877
IX-25 Total functional expensesPrograms $175,382 · Management $16,930 · Fundraising $3,496$195,808
Part X · Balance sheet $924,568 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $63,931$85,537
X-2 Savings and temporary cash investmentsStart of year $578,365$579,399
X-10c Land, buildings and equipment, netStart of year $221,793$259,632
X-16 Total assetsStart of year $864,089$924,568
X-17 Accounts payable and accrued expensesStart of year $2,563$2,702
X-26 Total liabilitiesStart of year $2,563$2,702
X-27 Net assets without donor restrictionsStart of year $861,526$921,866
X-32 Total net assets or fund balancesStart of year $861,526$921,866
X-33 Total liabilities and net assetsStart of year $864,089$924,568
Part XI · Reconciliation of net assets $921,866 net assets at year end
XI-1 Total revenue$256,148
XI-2 Total expenses$195,808
XI-3 Revenue less expenses$60,340
XI-4 Net assets at start of year$861,526
XI-10 Net assets at end of year$921,866

Form 990 e-file FY2024 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.

Featured nonprofit jobs

All nonprofit jobs → · Hiring? Post a job →