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Arts, Culture, Humanities : Museums

Muhammad Ali Center

Be great. Do great things.

three stars

88.05

144 North Sixth Street Louisville, KY 40202
tel: (502) 584-9254   Web Site
EIN: 61-1323046

Board Leadership
Robert Croft, Jr.
Chair

CEO
Donald E. Lassere
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 88.05 three stars
  Financial 87.18 three stars
  Accountability & Transparency 89.00 three stars
This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.

The Muhammad Ali Center is a multicultural center with an award-winning museum dedicated to the life of Muhammad Ali. The Center museum captures the inspiration derived from the story of Muhammad Ali's incredible life and the six core principles that have fueled his journey. The mission of the Muhammad Ali Center 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 Muhammad Ali Center is a multicultural center with an award-winning museum dedicated to the life of Muhammad Ali. The Center museum captures the inspiration derived from the story of Muhammad Ali's incredible life and the six core principles that have fueled his journey. The mission of the Muhammad Ali Center 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.

Financial

three stars

87.18

Accountability & Transparency

three stars

89.00

This rating was published 02/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
80.7%
  Administrative Expenses 7.7%
  Fundraising Expenses 11.4%
  Fundraising Efficiency $0.20
  Working Capital Ratio (years) 5.75
  Program Expenses Growth 3.4%
  Liabilities to Assets 3.8%
All data for Financial Performance Metrics calculations was provided by Muhammad Ali Center on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Muhammad Ali Center on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Muhammad Ali Center (KY) 88.05 three stars
America's Car Museum (WA) 88.19 three stars
Naval Aviation Museum Foundation (FL) 92.82 four stars
Racine Art Museum (WI) 85.94 three stars
Air Force Museum Foundation (OH) 85.12 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,769,049
   Federated Campaigns $0
   Membership Dues $11,212
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $1,780,261
   Program Service Revenue $794,079
Total Primary Revenue $2,574,340
   Other Revenue $1,136,703
TOTAL REVENUE $3,711,043
   
EXPENSES  
   Program Expenses $4,561,157
   Administrative Expenses $391,267
   Fundraising Expenses $511,650
TOTAL FUNCTIONAL EXPENSES $5,464,074
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,753,031
   
Net Assets $32,133,935

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Public Programs and Events $4,264,890 93.5%
Youth Leadership Programs $69,694 1.5%
Educational Tours and Programming $44,769 1.0%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 02/01/2021 88.05 three stars
2018-12 08/01/2019 90.34 four stars
2017-12 12/01/2018 89.16 three stars
2016-12 02/01/2018 90.56 four stars
2015-12 04/01/2017 91.30 four stars
2014-12 07/01/2016 98.01 four stars
2014-12 06/01/2016 91.97 four stars
 
CN 2.0
2014-12 12/22/2015 87.21 three stars
2013-12 05/01/2015 87.43 three stars
2012-12 07/01/2014 86.27 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 61-1323046
Name in IRS Master File MUHAMMAD ALI MUSEUM AND EDUCATION
NTEE Code A50
NTEE Classification Museum, Museum Activities
NTEE Type Arts, Culture and Humanities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (995) Described in section 509(a)(2) of the Code
(60) Museum, zoo, planetarium, etc.
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date December, 1998
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$264,551 4.84% Donald Lassere President/CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
Muhammad Ali Center (KY) 88.05 three stars
Independence Seaport Museum (PA) 93.99 four stars
The Admiral Nimitz Foundation (TX) 96.50 four stars
Racine Art Museum (WI) 85.94 three stars
Museum of Photographic Arts (CA) 89.62 three stars

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Charity Contact Info

Muhammad Ali Center
144 North Sixth Street
Louisville, KY 40202
tel: (502) 584-9254
EIN: 61-1323046

Visit Web Site

Board Leadership

Robert Croft, Jr.
Chair

CEO

Donald E. Lassere
President, CEO

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