Rev Birmingham Inc
- Assets
- $3.5m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 15
- Location
- Birmingham, AL
- Founding
- 07/2004
- Data as of
- 12/2021
- EIN
- 20-0763511
Organization Overview
Rev Birmingham Inc is located in Birmingham, AL. The organization was established in 2004. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Rev Birmingham Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rev Birmingham Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Rev Birmingham Inc generated $2.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
REV BIRMINGHAM (REV) CREATES VIBRANT COMMERCIAL DISTRICTS.
Describe the Organization's Program Activity:
REV BIRMINGHAM (REV) CREATES VIBRANT COMMERCIAL DISTRICTS. THE ORGANIZATION IS AN ECONOMIC DEVELOPMENT ORGANIZATION THAT STIMULATES BUSINESS GROWTH AND IMPROVES QUALITY OF LIFE IN BIRMINGHAM'S CITY CENTER AND ITS NEIGHBORHOOD COMMERCIAL CENTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Fleming Chief Executive Officer | Officer | 50 | $149,669 |
Atticus Rominger Chief Strategy Officer | Officer | 50 | $124,669 |
Elizabeth Barbaree-Tasker Chief Of Operations And Fi | Officer | 50 | $124,207 |
Meredith Calhoun Vice Chairman | OfficerTrustee | 1 | $0 |
Wil Puckett Chairman | OfficerTrustee | 1 | $0 |
Randall Minor Secretary | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $771,138 |
| All other contributions, gifts, grants, and similar amounts not included above | $771,736 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,542,874 |
| Total Program Service Revenue | $539,165 |
| Investment income | $89 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$53,952 |
| 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 | $2,028,176 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $398,546 |
| Compensation of current officers, directors, key employees. | $59,782 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $635,855 |
| Pension plan accruals and contributions | $29,960 |
| Other employee benefits | $96,722 |
| Payroll taxes | $78,119 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $994 |
| Fees for services: Accounting | $32,119 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $100,423 |
| Advertising and promotion | $143 |
| Office expenses | $21,011 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,679 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,748 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,905 |
| Insurance | $12,333 |
| All other expenses | $927 |
| Total functional expenses | $1,526,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $889,311 |
| Savings and temporary cash investments | $136,500 |
| Pledges and grants receivable | $29,479 |
| Accounts receivable, net | $124,869 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,278,068 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,000 |
| Total assets | $3,462,227 |
| Accounts payable and accrued expenses | $28,592 |
| 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 | $1,495,679 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,524,271 |
| Net assets without donor restrictions | $1,781,486 |
| Net assets with donor restrictions | $156,470 |
| 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 | $3,462,227 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Rev Birmingham Inc has recieved totaling $392,500.
| Awarding Organization | Amount |
|---|---|
The Community Foundation Of Greater Birmingham Birmingham, AL PURPOSE: GENERAL SUPPORT + SPECIAL PROGRAMS | $292,500 |
Alabama Power Foundation Inc Birmingham, AL PURPOSE: GENERAL/OPERATING | $40,000 |
Hugh Kaul Foundation Tr 09-12-89 25-6733-00-7 Birmingham, AL PURPOSE: GENERAL OPERATING | $25,000 |
Protective Life Foundations Birmingham, AL PURPOSE: 2021 OPERATING SUPPORT | $20,000 |
United Way Of Greater St Louis Inc Saint Louis, MO PURPOSE: CCS - Strengthen Communities | $10,000 |
Verizon Foundation Basking Ridge, NJ PURPOSE: REV BIRMINGHAM - CREATING VIBRANT COMMERCIAL DISTRICTS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Atlanta Historical Society Inc Atlanta, GA | $186,882,791 | $33,828,707 |
Heritage South Community Cu Shelbyville, TN | $308,780,084 | $17,719,881 |
Fox Theatre Inc Atlanta, GA | $106,794,461 | $20,353,110 |
Vizcaya Museum And Gardens Trust Inc Miami, FL | $11,712,180 | $11,588,414 |
The Lodges At Banning Mills Retreat And Conservation Center Inc Whitesburg, GA | $8,373,902 | $8,117,551 |
Bellingrath-Morse Foundation Theodore, AL | $109,592,614 | $8,669,562 |
Thomas Edison And Henry Ford Winter Estates Inc Fort Myers, FL | $5,261,468 | $5,556,922 |
Atlanta Beltline Partnership Inc Atlanta, GA | $54,208,865 | $38,882,931 |
Roshan Institute Of Cultural Heritage Orlando, FL | $8,118,910 | $2,379,053 |
B J Palmer Historic Home Foundation Inc Marietta, GA | $0 | $2,223,386 |
Georgia Trust For Historic Preservation Inc Atlanta, GA | $16,904,162 | $2,663,570 |
Educopia Institute Inc Atlanta, GA | $2,468,472 | $2,053,368 |