Create Birmingham EIN 84-1631034

Create Birmingham FY2020 filing

EIN  84-1631034 Public foundation / grantmaker Birmingham, AL
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Create Birmingham claims this page.

Know this organization? Claim it to add your story

Size
$1–10M
What they do
Develops workforce, supports entrepreneurs, and grows jobs in creative industries.
Leadership
Ralph S Palmer · Executive Director · $106K
Money in and out
$597K revenue, $502K expenses
Bottom line
83% program efficiency

Develops workforce, supports entrepreneurs, and grows jobs in creative industries. For fiscal year 2020 it reported $597K in revenue, $502K in expenses, and $310K in net assets.Pt I

Grants paid & assets · FY2020
Total revenue
$597K
Pt VIII · Ln 12
Total expenses
$502K
Pt IX · Ln 25
Net assets
$310K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $95K
Where spending went · Part IX cols B–D
Program services $0.83 Management & general $0.10 Fundraising $0.07
Program efficiency
83%
of spending reaches programs
Operating runway
4.7mo
months of highly liquid reserves at operating expense rate
Surplus margin
+16%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$597K
FY2020
Expenses
$502K
FY2020
Total assets
$310K
FY2020
Total liabilities
$0
FY2020
Total revenue
$597K
Pt VIII · Ln 12
Total expenses
$502K
Pt IX · Ln 25
Net assets
$310K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$95K
Total assetsPt X · Ln 16$310K
Program-expense ratioPt IX · col B83%
Voting members of governing bodyPt I · Ln 310
Independent voting membersPt I · Ln 410
Mission & Programs · Part III

Where the work happens

3 program services account for $73K of program spending, described in the organization's own filed words · FY2020.
01

Co.starters

The ten-week business launching platform equips a diverse group of aspiring creative entrepreneurs with the insights, relationships and tools needed to turn business ideas into action. Unlike traditional platforms, CO.STARTERS applies the lean business modeling methods popular among high-growth startups to businesses of all kinds.

$48Kprogram expense
02

Film Birmingham

This initiative is a one-stop shop for creators of film and media projects interested in working in and around the Birmingham area. In addition to permitting facilitation, location assistance and recruitment, we connect producers with local crews, services, and resources.

$15Kprogram expense
03

Birmingham365.org

The most comprehensive online calendar of public events in the Greater Birmingham area lists more than 7,000 arts, culture and entertainment events annually and averages more than 63,000 visits monthly, serving residents and tourists alike across a 12-county region.

$10Kprogram expense

Run this program? Claim this org to tell your story

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCreate Birmingham
EINHdr · item D84-1631034
Principal addressHdr · item CBirmingham, AL
WebsiteHdr · item Jwww.createbirmingham.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MAL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFFoundations & Grantmakers (T90)
Ruling yearIRS BMFJun 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a10
Independent voting membersPt VI · Ln 1b10
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Executive Director
$106,475Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Meghann Bridgeman$121,176
Meghann Bridgeman$118,800$105,000$49,427
Ralph S Palmer$74,901$106,475

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Create Birmingham executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Contributions & grants100%$596K
Program service revenue$2K
Investment income$166
— government grantsLn 1e$143K
Total revenueLn 12$597K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.83 Management & general $0.10 Fundraising $0.07
Program services83%$417K
Management & general10%$50K
Fundraising7%$35K
Total functional expensesLn 25$502K

Balance Sheet

Part X · end of year
CashLn 1$195K
Total assetsLn 16$310K
Total liabilitiesLn 26$0
Total net assetsLn 32$310K
Months of cash on handcomputed4.7

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $195K · Operating expenses/yr $502K
4.7 months
Where the money goes
Program services
Program services $417K · Total expenses $502K
83%
Management & General
Management & general $50K · Total expenses $502K
10%
Fundraising
Fundraising $35K · Total expenses $502K
7%
Cost to raise $1
Fundraising expense $35K · Solicited contributions $452K
$0.08 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $596K · Total revenue $597K
100%
Government reliance
Government grants $143K · Total revenue $597K
24%
Earned-income share
Program service revenue $2K · Total revenue $597K
0%
Investment reliance
Investment income $166 · Total revenue $597K
0%
Program self-sufficiency
Program service revenue $2K · Total expenses $502K
0%
Growth & trend
Revenue growth (YoY)
This year $597K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $310K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $597K · Expenses $502K
+16%
Liabilities-to-Assets
Total liabilities — · Total assets $310K
Net-asset ratio
Net assets $310K · Total assets $310K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $310K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Ralph S Palmer · Reported title Executive Director · Highest reported compensation $106K · Total expenses $502K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $358K · Total expenses $502K
71%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 83%
Overhead ratio 10%
Fundraising cost ratio 6%
Accounting fee ratio 2%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 12 funders →
Grants paid · 29 grants · $195K · 2023–2024
Intoto Creative Arts ForumAL · FY2024$10,000
Girlspring INCAL · FY2024$10,000
Bib Tucker Sew-OpAL · FY2024$10,000
Desert Island Supply CoAL · FY2023$15,000
Aware Cosmetics Make Up ServicesFY2023$5,000
Henley & Young LLCFY2023$5,000
Bare Hands Gallery INCAL · FY2023$5,000
Terrific New Theatre INCAL · FY2023$5,000
Creating a Better Path INCAL · FY2023$5,000
First Impressions Marketing Group LLCFY2023$5,000
Yogi Dada LLCFY2023$5,000
Scenic View Cafe and CateringFY2023$5,000
Enjoy EntertainmentFY2023$5,000
See all 29 grants →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$1.1M revenue · ⤓ 990 PDF
FY2023$845K revenue · ⤓ 990 PDF
FY2022$754K revenue · ⤓ 990 PDF
FY2021$628K revenue · ⤓ 990 PDF
FY2020$597K revenue · viewing · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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

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.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street 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, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.

Pay it forward
Keep 990 Scout free for the next person.

Better charities, better world. There is no paywall here and nothing to unlock: what you pay covers the next person's lookup.

Card, Apple Pay or Google Pay through Stripe. One time.