Civic Intelligence

Memphis in May International Festival Inc.

990 • Fiscal year 2019 • EIN 23-7308001

Aug 01, 2018 to Jul 31, 2019 • Filed on Feb 03, 2020

Organization ProfileMEMPHISINMAY.ORG

View Organization Page

56 S Front StreetMemphis, TN 38103

(901) 525-4611

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

50th percentile

0.20x

Higher debt load relative to assets than 50% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Liabilities / Revenue

26th percentile

0.08x

Higher debt load relative to revenue than 26% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Net Margin

57th percentile

5.0%

Higher net margin than 57% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Top Officer Pay

64th percentile

$224,873

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 1.9% of source-year revenue.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2019

Asset Growth

70th percentile

11%

Faster asset growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Revenue Growth

71st percentile

13%

Faster revenue growth than 71% of similar nonprofits.

2019 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$4,818,350

Up $465,733 (+11%) from 2018

Net Assets

Up

$3,831,238

Up $576,603 (+18%) from 2018

Liabilities

Down

$987,112

Down $110,870 (-10%) from 2018

Revenue And Expenses
Liabilities / Revenue26th percentileNet Margin57th percentile

Revenue

Up

$11,810,662

Up $1,328,031 (+13%) from 2018

Expenses

Up

$11,214,467

Up $1,172,159 (+12%) from 2018

Net Income

Up

$596,195

Up $155,872 (+35%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth70th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,188,439Liabilities 2011: $215,583Net Assets 2011: $2,972,8562011Assets 2012: $3,902,718Liabilities 2012: $1,305,697Net Assets 2012: $2,597,0212012Assets 2013: $3,912,824Liabilities 2013: $1,533,139Net Assets 2013: $2,379,6852013Assets 2014: $4,039,878Liabilities 2014: $1,537,976Net Assets 2014: $2,501,9022014Assets 2015: $3,984,411Liabilities 2015: $989,285Net Assets 2015: $2,995,1262015Assets 2016: $4,223,842Liabilities 2016: $1,558,404Net Assets 2016: $2,665,4382016Assets 2017: $4,376,883Liabilities 2017: $1,571,614Net Assets 2017: $2,805,2692017Assets 2018: $4,352,617Liabilities 2018: $1,097,982Net Assets 2018: $3,254,6352018Assets 2019: $4,818,350Liabilities 2019: $987,112Net Assets 2019: $3,831,2382019Assets 2020: $4,963,175Liabilities 2020: $2,870,416Net Assets 2020: $2,092,7592020Assets 2021: $4,677,503Liabilities 2021: $2,592,437Net Assets 2021: $2,085,0662021Assets 2022: $6,347,595Liabilities 2022: $978,018Net Assets 2022: $5,369,5772022Assets 2023: $5,430,497Liabilities 2023: $3,481,530Net Assets 2023: $1,948,9672023Assets 2024: $1,648,924Liabilities 2024: $416,201Net Assets 2024: $1,232,7232024

Highlighted filing

2019

Assets$4,818,350
Liabilities$987,112
Net Assets$3,831,238
Open 2019 Filing

Operations Trend

Revenue Growth71st percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10MExpenses 2011: $7,067,4902011Expenses 2012: $6,900,2012012Expenses 2013: $7,070,6382013Revenue 2014: $7,010,336Expenses 2014: $6,933,270Net Income 2014: $77,0662014Revenue 2015: $8,535,506Expenses 2015: $7,975,906Net Income 2015: $559,6002015Revenue 2016: $8,328,399Expenses 2016: $8,661,341Net Income 2016: -$332,9422016Revenue 2017: $9,481,603Expenses 2017: $9,428,394Net Income 2017: $53,2092017Revenue 2018: $10,482,631Expenses 2018: $10,042,308Net Income 2018: $440,3232018Revenue 2019: $11,810,662Expenses 2019: $11,214,467Net Income 2019: $596,1952019Revenue 2020: $757,377Expenses 2020: $2,563,206Net Income 2020: -$1,805,8292020Revenue 2021: $2,273,583Expenses 2021: $2,491,786Net Income 2021: -$218,2032021Revenue 2022: $16,594,261Expenses 2022: $12,838,313Net Income 2022: $3,755,9482022Revenue 2023: $8,286,107Expenses 2023: $11,713,819Net Income 2023: -$3,427,7122023Revenue 2024: $2,461,409Expenses 2024: $3,177,653Net Income 2024: -$716,2442024

Highlighted filing

2019

Revenue$11,810,662
Expenses$11,214,467
Net Income$596,195
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Feb 3, 2020
Return Version
2018v3.2
Gross Receipts
$13,257,695
Mission and Program Overview

Mission

Organized for the purpose of providing and supporting recreational, educational, social and cultural events and activities, for the celebration of the city of memphis, people of memphis, and the people of other cultures and countries of the world by introducing memphis to the world and the world to memphis through these annual events and activities that honor a selected country of the world.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$2,208,098$2,120,241▼ $87,857
Investments in Publicly Traded Securities$1,645,537$2,024,538▲ $379,001
Savings and Temporary Cash Investments$390,605$503,905▲ $113,300
Accounts Receivable$15,833$80,979▲ $65,146
Cash and Non-Interest-Bearing Accounts$50,985$40,116▼ $10,869
Prepaid Expenses and Deferred Charges$32,559$39,571▲ $7,012
Inventories for Sale or Use$9,000$9,000→ $0
Total Assets$4,352,617$4,818,350▲ $465,733
Liabilities
Mortgage Notes Payable Secured by Investment Property$754,269$490,273▼ $263,996
Accounts Payable and Accrued Expenses$338,613$383,759▲ $45,146
Deferred Revenue$5,100$113,080▲ $107,980
Total Liabilities$1,097,982$987,112▼ $110,870
Net Assets / Fund Balance
Unrestricted Net Assets$2,754,635$3,331,238▲ $576,603
Permanently Rstr Net Assets$500,000$500,000→ $0
Total Net Assets Fund Balance$3,254,635$3,831,238▲ $576,603
Total Liabilities and Net Assets / Fund Balance$4,352,617$4,818,350▲ $465,733

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,507,147$445,782-
Other Land Buildings$225,740--
Land$110,500--
Leasehold Improvements$276,854$1,190,576-

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$500,000---$500,000
2017$500,000---$500,000
2016$500,000---$500,000
2015$500,000---$500,000
2014$500,000---$500,000
Compensation and Service Providers
Top Officer Pay64th percentile

Employees

NameTitleFull / Part TimeBaseTotal
James L HoltPresident &FT$224,873$224,873
James L HoltPresident & CEO-$224,873$224,873
Mack WeaverVP Finance &FT$161,685$161,685
Mack WeaverVP Finance & CFO-$161,685$161,685
Kevin GrotheVP SponsorshFT$119,040$119,040

Board Members and Trustees

NameTitle
Barry YoakumChair
Charles EwingChair Elect
Leigh ShockeyVice Chair
Al GossettBoard Member
Bathsheba SamsBoard Member
Doug BrowneBoard Member
Dow McveanBoard Member
John CarrollBoard Member
Lenior OwensBoard Member
Pat Kerr TigrettBoard Member
Ron CohenBoard Member
Shannon BrownBoard Member
Susan ArneyBoard Member
Jinliang CaiChamber Rep
Prince ChamblissCity Atty-li
Ken MoodyCity Rep
J Ford CanaleCouncil Rep-
Kim DenbowCounty Rep
Ray PohlmanMrpp Liaison
John FarrisMrpp-ex Offi
Austin BakerSecretary
Stacy MccallTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$319,719
Program Service Revenue
$11,276,443
Investment Income
$80,109
Other Revenue
$134,391
All Other Contributions
$319,719
Change in Net Assets
$596,195

Audited Revenue Reconciliation

Revenue per Audited Statements
$12,032,214
Revenue Not Reported on Financial Statements
$-221,552
Revenue Not Reported on Form 990
$-19,592
Other Revenue Adjustments
$-245,055
Total Revenue per Audited Statements
$12,012,622
Total Revenue per Form 990
$11,810,662
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$9,460,939
Salaries, Compensation, and Employee Benefits$1,753,528
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$6,415,062$21,468-$6,436,530
Other Salaries and Wages$1,457,060--$1,457,060
All Other Expenses$557,199$10,254-$567,453
Advertising$328,853--$328,853
Other Expenses$296,000--$296,000
Office Expenses$56,180$118,076-$174,256
Occupancy-$120,570-$120,570
Depreciation Depletion$66,510$52,334-$118,844
Other Employee Benefits$104,922--$104,922
Pension Plan Contributions-$101,459-$101,459
Payroll Taxes$90,087--$90,087
Information Technology$15,051$56,318-$71,369
Fees for Services Accounting-$43,989-$43,989
Travel-$34,999-$34,999
Insurance-$31,351-$31,351
Fees for Service Investment Mgmnt Fees-$23,503-$23,503
Interest-$21,822-$21,822
Conferences and Meetings-$8,919-$8,919
Fees for Services Legal-$1,275-$1,275
Total Functional Expenses$10,568,130$646,337$0$11,214,467

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$11,436,019
Total Expenses per Audited Statements$11,436,019
Total Expenses per Form 990$11,214,467
Expenses Not Reported on Financial Statements$-221,552
Other Expense Adjustments$-245,055
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The form is reviewed by the president (ceo) and vice president (cfo), then it is presented to the finance committee for approval. Either the president or the vice president signs the form.”

Form 990, Page 6, Part VI, Line 12C

“Memphis in may international festival, inc. Request the conflict of interst form to be prepared and signed annually by all board members and key officers.”

Form 990, Page 6, Part VI, Line 15A

“According to acticle iii, section 1 of the memphis in may international festival, inc.'s bylaws; the board of directors shall be responsible for the employment, and terms of employment, of the corporation's president.”

Form 990, Page 6, Part VI, Line 15B

“According to article v of the memphis in may international festival, inc.'s bylaws; the corporation president shall have general charge and supervision of the staff and offices of the corporation.”

Form 990, Page 6, Part VI, Line 19

“All governing documents, financial statements, and conflict of interest policy forms are available to the public upon written request.”

Filing and Contact Details

Filer

Filer Name
Memphis in May International
EIN
23-7308001
Phone
9015254611
Address
56 S FRONT STREET, MEMPHIS, TN 38103

Signing Officer

Name
James L Holt
Title
President & CEO
Phone
9015254611
Signed
2020-02-03
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James L Holt
Formed
1977
Legal Domicile
Tn
Voting Board Members
20
Independent Board Members
20
Employees
17
Volunteers
1,056

Preparer

Firm
Greg Shelton CPA
Address
2855 STAGE VILLAGE CV SUITE 4, BARTLETT, TN 38134
Preparer
Greg Shelton CPA
Phone
9013820557
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Organized for the purpose of providing and supporting recreational, educational, social and cultural events and activities, for the celebration of the city of memphis, people of memphis, and the people of other cultures and countries of the world by introducing memphis to the world and the world to memphis through these annual events and activities that honor a selected country of the world.”

Form 990, Page 1, Part I, Line 6

“Volunteers donate their time, talent, and/or products in promoting and assisting with various festivals' events and activities.”

Form 990, Page 2, Part III, Line 4D

“Providing and supporting international and diplomat events and activities that honor the selected country (intl) and education activities (ed), including year long support for the bsmf, wcbcc, ss, intl, education and volunteer events and activities.”

Form 990, Part IX, Line 11G

“Program labor expenses - bsmf 5,290,684 0 0 program labor expenses - wcbc 304,711 0 0 program labor expenses - cm & 375,394 0 0 professional svs - marketing 0 14,068 0 program labor expenses - ed & 23,740 0 0 marketing research - promotio 0 7,400 0 program labor expenses - park 420,533 0 0 total 6,415,062 21,468 0”

Form 990, Part XI, Line 9

“ROUNDING 1”

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

“ROUNDING 1”

Schedule D, Page 4, Part XI, Line 4B

“Merchandise cos -196,297 rental expenses allocation -48,758”

Schedule D, Page 4, Part XII, Line 4B

“Merchandise cos -196,297 rental expenses allocation -48,758”

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt1VP FINANCE &
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP SPONSORSH
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR ELECT
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18CITY REP
IRS990/Form990PartVIISectionAGrp/TitleTxt19COUNTY REP
IRS990/Form990PartVIISectionAGrp/TitleTxt20CHAMBER REP
IRS990/Form990PartVIISectionAGrp/TitleTxt21MRPP LIAISON
IRS990/Form990PartVIISectionAGrp/TitleTxt22MRPP-EX OFFI
IRS990/Form990PartVIISectionAGrp/TitleTxt23COUNCIL REP-
IRS990/Form990PartVIISectionAGrp/TitleTxt24CITY ATTY-LI
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0true
IRS990/FormationYr01977
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-2046
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01199932
IRS990/GrossReceiptsAmt013257695
IRS990/GrossRentsGrp/RealAmt042900
IRS990/GrossSalesOfInventoryAmt0315824
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt056318
IRS990/InformationTechnologyGrp/ProgramServicesAmt015051
IRS990/InformationTechnologyGrp/TotalAmt071369
IRS990/InsuranceGrp/ManagementAndGeneralAmt031351
IRS990/InsuranceGrp/TotalAmt031351
IRS990/InterestGrp/ManagementAndGeneralAmt021822
IRS990/InterestGrp/TotalAmt021822
IRS990/InventoriesForSaleOrUseGrp/BOYAmt09000
IRS990/InventoriesForSaleOrUseGrp/EOYAmt09000
IRS990/InvestmentIncomeGrp/ExclusionAmt082155
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt082155
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01645537
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02024538
IRS990/IRPDocumentCnt081
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01636358
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02208098
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02120241
IRS990/LandBldgEquipCostOrOtherBssAmt03756599
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01201978
IRS990/LessRentalExpensesGrp/RealAmt048758
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0true
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0ORGANIZED FOR THE PURPOSE OF PROVIDING AND SUPPORTING RECREATIONAL, EDUCATIONAL, SOCIAL AND CULTURAL EVENTS AND ACTIVITIES, FOR THE CELEBRATION OF THE CITY OF MEMPHIS, PEOPLE OF MEMPHIS, AND THE PEOPLE OF OTHER CULTURES AND COUNTRIES OF THE WORLD BY INTRODUCING MEMPHIS TO THE WORLD AND THE WORLD TO MEMPHIS THROUGH THESE ANNUAL EVENTS AND ACTIVITIES THAT HONOR A SELECTED COUNTRY OF THE WORLD.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt0754269
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0490273
IRS990/NetAssetsOrFundBalancesBOYAmt03254635
IRS990/NetAssetsOrFundBalancesEOYAmt03831238
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-2046
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-2046
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0119527
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0119527
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0-5858
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt0-5858
IRS990/NetUnrlzdGainsLossesInvstAmt0-19593
IRS990/NoncashContributionsAmt04043
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt0120570
IRS990/OccupancyGrp/TotalAmt0120570
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0118076
IRS990/OfficeExpensesGrp/ProgramServicesAmt056180
IRS990/OfficeExpensesGrp/TotalAmt0174256
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt01
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0104922
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0104922
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES - PARK O
IRS990/OtherExpensesGrp/Desc1BEVERAGE CONCESSIONS - BS
IRS990/OtherExpensesGrp/Desc2PROGRAM EXPENSES - WCBCC
IRS990/OtherExpensesGrp/Desc3PROGRAM EXPENSES - BSMF
IRS990/OtherExpensesGrp/ProgramServicesAmt0500642
IRS990/OtherExpensesGrp/ProgramServicesAmt1340804
IRS990/OtherExpensesGrp/ProgramServicesAmt2339760
IRS990/OtherExpensesGrp/ProgramServicesAmt3296000
IRS990/OtherExpensesGrp/TotalAmt0500642
IRS990/OtherExpensesGrp/TotalAmt1340804
IRS990/OtherExpensesGrp/TotalAmt2339760
IRS990/OtherExpensesGrp/TotalAmt3296000
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt020722
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt020722
IRS990/OtherRevenueTotalAmt020722
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01457060
IRS990/OtherSalariesAndWagesGrp/TotalAmt01457060
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ProgramServicesAmt090087
IRS990/PayrollTaxesGrp/TotalAmt090087
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0101459
IRS990/PensionPlanContributionsGrp/TotalAmt0101459
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0500000
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0500000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt032559
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt039571
IRS990/PrincipalOfficerNm0JAMES L HOLT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUES - BSMF
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM REVENUES - WCBCC
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM REVENUES - CM & GARR
IRS990/ProgramServiceRevenueGrp/Desc3PROGRAM REVENUES - MONTHLONG
IRS990/ProgramServiceRevenueGrp/Desc4PROGRAM REVENUES - ED & INTL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt07160793
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12691670
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2912255
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt3319228
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt4192497
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt07160793
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12691670
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2912255
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt3319228
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt4192497
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDING AND SUPPORTING EVENTS AND ACTIVITIES FOR THE WORLD CHAMPIONSHIP BARBEQUE COOKING CONTEST (WCBCC).
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0683680
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02691670
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDING AND SUPPORTING EVENTS AND ACTIVITIES FOR THE MEMPHIS CELEBRATION (MC) AND THE GREAT AMERICAN RIVER RUN (GARR).
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0533451
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0912255
IRS990/ProgSrvcAccomActyOtherGrp/Desc0PROVIDING AND SUPPORTING INTERNATIONAL AND DIPLOMAT EVENTS AND ACTIVITIES THAT HONOR THE SELECTED COUNTRY (INTL) AND EDUCATION ACTIVITIES (ED), INCLUDING YEAR LONG SUPPORT FOR THE BSMF, WCBCC, SS, INTL, EDUCATION AND VOLUNTEER EVENTS AND ACTIVITIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt03098359
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0830954
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02398566
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt086612
IRS990/PYOtherExpensesAmt08470417
IRS990/PYOtherRevenueAmt041550
IRS990/PYProgramServiceRevenueAmt07955903
IRS990/PYRevenuesLessExpensesAmt0440323
IRS990/PYSalariesCompEmpBnftPaidAmt01571891
IRS990/PYTotalExpensesAmt010042308
IRS990/PYTotalRevenueAmt010482631
IRS990/ReconcilationRevenueExpnssAmt0596195
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt0-5858
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt07160793
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0390605

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,818,350
Liabilities
$987,112
Net assets
$3,831,238
Revenue
$11,810,662
Expenses
$11,214,467
Net income
$596,195
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.65$0.42$1.23$2.46$3.18$0.72
2023Detailed filing. Detailed filing data is available for this year.$5.43$3.48$1.95$8.29$11.7$3.43
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.35$0.98$5.37$16.6$12.8$3.76
2021Detailed filing. Detailed filing data is available for this year.$4.68$2.59$2.09$2.27$2.49$0.22
2020Detailed filing. Detailed filing data is available for this year.$4.96$2.87$2.09$0.76$2.56$1.81
2019Detailed filing. Detailed filing data is available for this year.$4.82$0.99$3.83$11.8$11.2$0.60
2018Detailed filing. Detailed filing data is available for this year.$4.35$1.10$3.25$10.5$10.0$0.44
2017Detailed filing. Detailed filing data is available for this year.$4.38$1.57$2.81$9.48$9.43$0.05
2016Detailed filing. Detailed filing data is available for this year.$4.22$1.56$2.67$8.33$8.66$0.33
2015Detailed filing. Detailed filing data is available for this year.$3.98$0.99$3.00$8.54$7.98$0.56
2014Detailed filing. Detailed filing data is available for this year.$4.04$1.54$2.50$7.01$6.93$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.91$1.53$2.38$7.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.90$1.31$2.60$6.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$0.22$2.97$7.07