Civic Intelligence

Memphis in May International Festival Inc.

990 • Fiscal year 2020 • EIN 23-7308001

Aug 01, 2019 to Jul 31, 2020 • Filed on Feb 09, 2021

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

84th percentile

0.58x

Higher debt load relative to assets than 84% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

3.79x

Higher debt load relative to revenue than 94% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

2nd percentile

-238%

Higher net margin than 2% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

94th percentile

$269,796

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 35.6% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

42nd percentile

3.0%

Faster asset growth than 42% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-94%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets84th percentile

Assets

Up

$4,963,175

Up $144,825 (+3.0%) from 2019

Net Assets

Down

$2,092,759

Down $1,738,479 (-45%) from 2019

Liabilities

Up

$2,870,416

Up $1,883,304 (+191%) from 2019

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin2nd percentile

Revenue

Down

$757,377

Down $11,053,285 (-94%) from 2019

Expenses

Down

$2,563,206

Down $8,651,261 (-77%) from 2019

Net Income

Down

-$1,805,829

Down $2,402,024 (-403%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth42nd 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

2020

Assets$4,963,175
Liabilities$2,870,416
Net Assets$2,092,759
Open 2020 Filing

Operations Trend

Revenue Growth1st 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

2020

Revenue$757,377
Expenses$2,563,206
Net Income-$1,805,829
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Feb 9, 2021
Return Version
2019v5.0
Gross Receipts
$2,081,666
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
Investments in Publicly Traded Securities$2,024,538$2,105,028▲ $80,490
Land, Buildings, and Equipment, Net$2,120,241$2,044,987▼ $75,254
Accounts Receivable$80,979$311,542▲ $230,563
Savings and Temporary Cash Investments$503,905$252,849▼ $251,056
Prepaid Expenses and Deferred Charges$39,571$136,583▲ $97,012
Cash and Non-Interest-Bearing Accounts$40,116$107,686▲ $67,570
Inventories for Sale or Use$9,000$4,500▼ $4,500
Total Assets$4,818,350$4,963,175▲ $144,825
Liabilities
Deferred Revenue$113,080$2,085,394▲ $1,972,314
Mortgage Notes Payable Secured by Investment Property$490,273$576,243▲ $85,970
Accounts Payable and Accrued Expenses$383,759$208,779▼ $174,980
Total Liabilities$987,112$2,870,416▲ $1,883,304
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,331,238$1,592,759▼ $1,738,479
Net Assets With Donor Restrictions$500,000$500,000→ $0
Total Net Assets Fund Balance$3,831,238$2,092,759▼ $1,738,479
Total Liabilities and Net Assets / Fund Balance$4,818,350$4,963,175▲ $144,825

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,455,741$497,188-
Other Land Buildings$234,741$-1-
Land$110,500--
Leasehold Improvements$244,005$1,265,041-

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
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseTotal
James L HoltPresident &FT$269,796$269,796
James L HoltPresident & CEO-$269,796$269,796
Mack WeaverExecutive VPFT$168,522$168,522
Mack WeaverExecutive VP & CFO-$168,522$168,522
Kevin GrotheVP SponsorshFT$168,320$168,320
Kevin GrotheVP Sponsorships-$168,320$168,320

Board Members and Trustees

NameTitle
Charles EwingChair
Leigh ShockeyChair Elect
Al GossettVice Chair
Austin BakerBoard Member
David MckinneyBoard Member
Dow McveanBoard Member
Howard RobetrsonBoard Member
Kathleen BurkBoard Member
Kathy FergusonBoard Member
Lasonya HallBoard Member
Pat Kerr TigrettBoard Member
Regena BeardenBoard Member
Ron CohenBoard Member
Ron ColemanBoard Member
Susan ArneyBoard Member
Ken MoodyCity Rep
Frank ColvettLiaison
Bathsheba SamsSecretary
Doug BrowneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$439,987
Program Service Revenue
$132,154
Investment Income
$37,278
Other Revenue
$147,958
All Other Contributions
$439,987
Change in Net Assets
$-1,805,829

Audited Revenue Reconciliation

Revenue per Audited Statements
$734,412
Revenue Not Reported on Financial Statements
$22,965
Revenue Not Reported on Form 990
$117,706
Total Revenue per Audited Statements
$852,118
Total Revenue per Form 990
$757,377
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,489,243
Other Expenses$1,073,963
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,222,846--$1,222,846
Depreciation Depletion$75,521$38,358-$113,879
Advertising$112,449--$112,449
Office Expenses$22,565$86,612-$109,177
Occupancy-$97,520-$97,520
Other Employee Benefits$95,332--$95,332
Fees for Services Other$81,976$7,596-$89,572
Pension Plan Contributions-$86,896-$86,896
Payroll Taxes$83,206$963-$84,169
Information Technology$23,618$45,173-$68,791
Fees for Services Accounting-$42,301-$42,301
All Other Expenses$35,314$70-$35,384
Insurance-$24,566-$24,566
Fees for Service Investment Mgmnt Fees-$22,965-$22,965
Travel$275$20,752-$21,027
Interest-$17,456-$17,456
Conferences and Meetings-$13,674-$13,674
Other Expenses$34,874$10,698-$10,698
Total Functional Expenses$2,047,606$515,600$0$2,563,206

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,590,597
Total Expenses per Form 990$2,563,206
Expenses per Audited Statements$2,540,241
Expenses Not Reported on Form 990$50,356
Expenses Not Reported on Financial Statements$22,965
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 35% controlled entity
No
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
2021-02-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James L Holt
Formed
1977
Legal Domicile
Tn
Voting Board Members
19
Independent Board Members
19
Employees
15
Volunteers
72

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, garr, intl, education and volunteer events and activities.”

Form 990, Part XI, Line 9

“Merchandise cogs 5,560 rental expenses allocated 44,797 rounding -1 merchandise cogs -5,560 rental expenses allocated -44,797 rounding 1 rounding 0”

Financial Statement Notes

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

“Merchandise cogs 5,560 rental expenses allocated 44,797 rounding -1”

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

“Merchandise cogs 5,560 rental expenses allocated 44,797 rounding -1”

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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/ReportableCompFromRltdOrgAmt20
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT &
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE VP
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/TitleTxt18BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt20LIAISON
IRS990/Form990PartVIISectionAGrp/TitleTxt21CITY REP
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IRS990/FSAuditedInd0true
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IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
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IRS990/GrossReceiptsAmt02081666
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IRS990/GrossSalesOfInventoryAmt03390
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IRS990/InfoInScheduleOPartVIInd0X
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IRS990/InformationTechnologyGrp/ProgramServicesAmt023618
IRS990/InformationTechnologyGrp/TotalAmt068791
IRS990/InsuranceGrp/ManagementAndGeneralAmt024566
IRS990/InsuranceGrp/TotalAmt024566
IRS990/InterestGrp/ManagementAndGeneralAmt017456
IRS990/InterestGrp/TotalAmt017456
IRS990/InventoriesForSaleOrUseGrp/BOYAmt09000
IRS990/InventoriesForSaleOrUseGrp/EOYAmt04500
IRS990/InvestmentIncomeGrp/ExclusionAmt056634
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt056634
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02024538
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02105028
IRS990/IRPDocumentCnt089
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01762228
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02120241
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02044987
IRS990/LandBldgEquipCostOrOtherBssAmt03807215
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01273932
IRS990/LessRentalExpensesGrp/RealAmt044797
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/BOYAmt0490273
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt0576243
IRS990/NetAssetsOrFundBalancesBOYAmt03831238
IRS990/NetAssetsOrFundBalancesEOYAmt02092759
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-19356
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-19356
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0-2170
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-2170
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt04303
IRS990/NetRentalIncomeOrLossGrp/UnrelatedBusinessRevenueAmt04303
IRS990/NetUnrlzdGainsLossesInvstAmt067350
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03331238
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01592759
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt097520
IRS990/OccupancyGrp/TotalAmt097520
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt086612
IRS990/OfficeExpensesGrp/ProgramServicesAmt022565
IRS990/OfficeExpensesGrp/TotalAmt0109177
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt095332
IRS990/OtherEmployeeBenefitsGrp/TotalAmt095332
IRS990/OtherExpensesGrp/Desc0PROGRAM EXPENSES - ED & I
IRS990/OtherExpensesGrp/Desc1PROGRAM EXPENSES - CM, CS
IRS990/OtherExpensesGrp/Desc2PROGRAM EXPENSES - PARK O
IRS990/OtherExpensesGrp/Desc3STAFF TRAINING-PERSONNEL
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt010698
IRS990/OtherExpensesGrp/ProgramServicesAmt0142194
IRS990/OtherExpensesGrp/ProgramServicesAmt1117436
IRS990/OtherExpensesGrp/ProgramServicesAmt234874
IRS990/OtherExpensesGrp/TotalAmt0142194
IRS990/OtherExpensesGrp/TotalAmt1117436
IRS990/OtherExpensesGrp/TotalAmt234874
IRS990/OtherExpensesGrp/TotalAmt310698
IRS990/OtherRevenueMiscGrp/Desc0CELEBRATE SHELBY SPONSORSHIPS
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0106900
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt138925
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0106900
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt138925
IRS990/OtherRevenueTotalAmt0145825
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01222846
IRS990/OtherSalariesAndWagesGrp/TotalAmt01222846
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0963
IRS990/PayrollTaxesGrp/ProgramServicesAmt083206
IRS990/PayrollTaxesGrp/TotalAmt084169
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt086896
IRS990/PensionPlanContributionsGrp/TotalAmt086896
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt039571
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0136583
IRS990/PrincipalOfficerNm0JAMES L HOLT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM REVENUES - ED & INTL
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM REVENUES - WCBCC
IRS990/ProgramServiceRevenueGrp/Desc2PROGRAM REVENUES - CM, CS & G
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0120710
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt110001
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21443
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0120710
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt110001
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21443
IRS990/ProgSrvcAccomActy2Grp/Desc0PROVIDING AND SUPPORTING EVENTS AND ACTIVITIES FOR THE WORLD CHAMPIONSHIP BARBEQUE COOKING CONTEST (WCBCC).
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt026145
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt010001
IRS990/ProgSrvcAccomActy3Grp/Desc0PROVIDING AND SUPPORTING EVENTS AND ACTIVITIES FOR THE SHELBY COUNTY CELEBRATION (SC) AND THE GREAT AMERICAN RIVER RUN (GARR).
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0122510
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt01442
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, GARR, INTL, EDUCATION AND VOLUNTEER EVENTS AND ACTIVITIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01724128
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt0120710
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0319719
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt080109
IRS990/PYOtherExpensesAmt09460939
IRS990/PYOtherRevenueAmt0134391
IRS990/PYProgramServiceRevenueAmt011276443
IRS990/PYRevenuesLessExpensesAmt0596195
IRS990/PYSalariesCompEmpBnftPaidAmt01753528
IRS990/PYTotalExpensesAmt011214467
IRS990/PYTotalRevenueAmt011810662
IRS990/ReconcilationRevenueExpnssAmt0-1805829
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IRS990/RelatedEntityInd0false
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IRS990/RentalIncomeOrLossGrp/RealAmt04303
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0503905
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0252849
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISCELLANEOUS 0
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0439987
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0319719
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02398566
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02462407
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt02324253
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt07944932
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt056634
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt082155
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt059776
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt039987
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt042599
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0281151
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0281369
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt011612989
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt08228821
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06972210
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt06096136
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt033191525
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt056634

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$4,963,175
Liabilities
$2,870,416
Net assets
$2,092,759
Revenue
$757,377
Expenses
$2,563,206
Net income
-$1,805,829
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