Arts, Culture & Humanities
(A54)
IRS Verified
DX Registered
990 on File
SLOSS FURNACES FOUNDATION INC
Financial strength (30%)
87/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Sloss Furnaces is a 20th century iron furnace now interpreted as a museum of the industrial history of Birmingham, Alabama. Sloss Furnaces Foundation works to foster the preservation and development of the Sloss Furnaces site through educational, arts, and research initiatives.
Financial Overview — FY 2024
$949K
Total Revenue
$688K
Total Expenses
$715K
Net Assets
27
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
92.5%
Fundraising Efficiency
N/A
Operating Reserve
12.48x
Liability-to-Asset
0.1%
Revenue Diversification
68.6%
Compared with Peers
FY 2024
Compared with 12,711 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
92.5% | 82.0% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
7.5% | 14.1% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
12.5 mo | 9.8 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.1% | 1.8% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
68.6% | 79.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
28.6% | 8.1% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-6.9% | 8.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
27.5% | 1.5% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $949K | $688K | $715K | 92.5% | 27 |
| 2023 | $738K | $739K | $454K | 92.6% | 33 |
| 2022 | $985K | $643K | $454K | 92.3% | 34 |
| 2021 | $548K | $462K | $113K | 91.6% | 34 |
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