MUHAMMAD ALI MUSEUM AND EDUCATION CENTER Charity Report

Public IRS 990 nonprofit record

MUHAMMAD ALI MUSEUM AND EDUCATION CENTER

EIN 61-1323046 · Arts, Culture & Humanities (A500)

What they do

THE MISSION of THE MUHAMMAD ALI CENTER (MAC) is to PRESERVE and SHARE THE LEGACY and IDEALS of MUHAMMAD ALI, to PROMOTE RESPECT, HOPE and UNDERSTANDING, and to INSPIRE ADULTS and CHILDREN EVERYWHERE to BE AS GREAT AS THEY CAN BE. THE MAC is AN INTERNATIONAL EDUCATION and CULTURAL CENTER FEATURING 2 1/2 LEVELS of INTERACTIVE MEDIA EXHIBITS, PUBLIC and EDUCATIONAL PROGRAMMING, and GLOBAL INITIATIVES THAT INSPIRE EXPLORATION of THE GREATNESS WITHIN OURSELVES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders34 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

121.15%of revenue went to mission work84.7% of expenses · Program services

5.26%of revenue went to fundraising3.7% of expenses

$142.97spent for every $100 of revenueSpending was higher than revenue this year.

16.56%of revenue went to management and office costs11.6% of expenses

$3.44in assets for every $1 spent this yearSome assets cannot be spent right away.

37.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $2,589,460 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $131,936 for DEVONE HOLT (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$6,026,135

Mission workProgram services$7,300,736121.15% of revenue84.7% of expenses

ManagementOffice and general costs$997,75616.56% of revenue11.6% of expenses

FundraisingAsking for donations$317,1035.26% of revenue3.7% of expenses

Total expenses$8,615,595142.97% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.7% mission · 11.6% management · 3.7% fundraisingTotal expenses: 142.97% of revenue

2023Expense mix: 82.0% mission · 10.9% management · 7.1% fundraisingTotal expenses: 148.22% of revenue

2022Expense mix: 81.1% mission · 12.7% management · 6.2% fundraisingTotal expenses: 89.40% of revenue

2021Expense mix: 88.2% mission · 7.1% management · 4.8% fundraisingTotal expenses: 91.28% of revenue

2020Expense mix: 85.4% mission · 8.3% management · 6.3% fundraisingTotal expenses: 190.18% of revenue

2019Expense mix: 83.5% mission · 7.2% management · 9.4% fundraisingTotal expenses: 147.24% of revenue

2018Expense mix: 83.1% mission · 7.7% management · 9.2% fundraisingTotal expenses: 111.30% of revenue

2017Expense mix: 75.9% mission · 8.4% management · 15.7% fundraisingTotal expenses: 97.53% of revenue

Money in and money out

Revenue$6,026,135

Expenses$8,615,595

Annual shortfall $2,589,460 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,300,736 · 84.7% of expenses

Management and office costs$997,756 · 11.6% of expenses

Fundraising$317,103 · 3.7% of expenses

See all reported dollar amounts

Revenue$6,026,135

Expenses$8,615,595

Assets$29,661,909

Income$6,531,358

Contributions$2,255,656

Mission work (program services)$7,300,736

Fundraising$317,103

Management and general$997,756

Executive compensation (total)$239,767

Accounting fees$15,000

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

DEVONE HOLTPRESIDENT/CEO · 40 hrs/week $131,936Base $128,318 · Other $3,618

TONI CARVER SMITHFORMER CHIEF OPERATIONS OFFICER · 40 hrs/week $117,054Base $111,999 · Other $5,055

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (34)

DEVONE HOLTPRESIDENT/CEO

TONI CARVER SMITHFORMER CHIEF OPERATIONS OFFICER

KIM BAKERMEMBER-AT-LARGE

KATINA WHITLOCKMEMBER-AT-LARGE

KRIS SIRCHIOMEMBER-AT-LARGE

KRISTEL JENSENMEMBER-AT-LARGE

LEE GILLMEMBER-AT-LARGE

LONNIE ALICO-FOUNDER

MARY CASEYMEMBER-AT-LARGE

MICHAEL BAERMEMBER-AT-LARGE

NEVILLE BLACKMOREMEMBER-AT-LARGE

PETER OLSSENMEMBER-AT-LARGE

PETER VILLEGASMEMBER-AT-LARGE

RASHAAD ABDUR-RAHMANMEMBER-AT-LARGE

ROULA ALLOUCHCO-CHAIR

RUFUS FRIDAYCOLLECTIONS COMMITTE CHAIR

STACEY WADEMEMBER-AT-LARGE

TOM WILLIAMSMEMBER-AT-LARGE

ANDREW TE WHAITIMEMBER-AT-LARGE

KARMEN POWELLMEMBER-AT-LARGE

JOLE BURGHYMEMBER-AT-LARGE

JOHN RAMSEYMEMBER-AT-LARGE

JEAN WESTMEMBER-AT-LARGE

JAMIE SALTERMEMBER-AT-LARGE

INGRID GENTRYFINANCE/CO-CHAIR

EMILIE DEUTSCHMEMBER-AT-LARGE

DR MUHAMMAD BABARMEMBER-AT-LARGE

DR CHRISTOPHER JONESMEMBER-AT-LARGE

DR AMANI KETTANEHMEMBER-AT-LARGE

DERRICK LITTLEJOHNMEMBER-AT-LARGE

CRYSTAL PETERSONMEMBER-AT-LARGE

COLIN GOTTLIEBMEMBER-AT-LARGE

CHRISTIAN MCBRIDEMEMBER-AT-LARGE

BRAD BLACKWELLMEMBER-AT-LARGE

About this charity

Recognized since: January 1998
Location: 144 N 6TH ST, LOUISVILLE, KY 40202-2939
County: Jefferson
In care of: % MICHAEL J FOX
Primary officer: LONNIE ALI, INTERIM CEO

How to reach them

WebsiteVisit the charity’s website Phone(502) 584-9254

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: JONES NALE & MATTINGLY PLC
NTEE classification: Arts, Culture & Humanities (A500)
IRS tax category: Museums