Civic Intelligence

Indie Memphis

990 • Fiscal year 2017 • EIN 26-2165160

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 14, 2018

1910 Madison Avenue Pmb 632Memphis, TN 38104

(901) 268-8654

Siviq Scores

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

Liabilities / Assets

80th percentile

0.36x

Higher debt load relative to assets than 80% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

72nd percentile

0.16x

Higher debt load relative to revenue than 72% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

25th percentile

-6.0%

Higher net margin than 25% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

65th percentile

$50,000

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 9.6% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

42nd percentile

0.6%

Faster asset growth than 42% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

77th percentile

29%

Faster revenue growth than 77% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$234,601

Up $1,500 (+0.6%) from 2016

Net Assets

Down

$150,130

Down $31,399 (-17%) from 2016

Liabilities

Up

$84,471

Up $32,899 (+64%) from 2016

Revenue

Up

$520,636

Up $115,475 (+29%) from 2016

Expenses

Up

$552,035

Up $181,578 (+49%) from 2016

Net Income

Down

-$31,399

Down $66,103 (-190%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $38,321Liabilities 2010: $13,264Net Assets 2010: $25,0572010Assets 2011: $84,376Liabilities 2011: $19,780Net Assets 2011: $64,5962011Assets 2012: $125,489Liabilities 2012: $15,920Net Assets 2012: $109,5692012Assets 2013: $106,529Liabilities 2013: $3,659Net Assets 2013: $102,8702013Assets 2014: $115,644Liabilities 2014: $66,224Net Assets 2014: $49,4202014Assets 2015: $184,643Liabilities 2015: $37,818Net Assets 2015: $146,8252015Assets 2016: $233,101Liabilities 2016: $51,572Net Assets 2016: $181,5292016Assets 2017: $234,601Liabilities 2017: $84,471Net Assets 2017: $150,1302017Assets 2018: $260,966Liabilities 2018: $53,620Net Assets 2018: $207,3462018Assets 2019: $333,894Liabilities 2019: $12,911Net Assets 2019: $320,9832019Assets 2020: $498,098Liabilities 2020: $54,376Net Assets 2020: $443,7222020Assets 2021: $292,836Liabilities 2021: $146,140Net Assets 2021: $146,6962021Assets 2022: $553,372Liabilities 2022: $80,134Net Assets 2022: $473,2382022Assets 2023: $418,248Liabilities 2023: $19,889Net Assets 2023: $398,3592023Assets 2024: $127,297Liabilities 2024: $38,838Net Assets 2024: $88,4592024

Highlighted filing

2017

Assets$234,601
Liabilities$84,471
Net Assets$150,130

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2010: $163,059Expenses 2010: $139,786Net Income 2010: $23,2732010Expenses 2011: $177,8222011Expenses 2012: $241,6172012Revenue 2013: $275,859Expenses 2013: $282,558Net Income 2013: -$6,6992013Revenue 2014: $279,683Expenses 2014: $333,133Net Income 2014: -$53,4502014Revenue 2015: $296,129Expenses 2015: $198,724Net Income 2015: $97,4052015Revenue 2016: $405,161Expenses 2016: $370,457Net Income 2016: $34,7042016Revenue 2017: $520,636Expenses 2017: $552,035Net Income 2017: -$31,3992017Revenue 2018: $641,957Expenses 2018: $619,977Net Income 2018: $21,9802018Revenue 2019: $847,922Expenses 2019: $734,285Net Income 2019: $113,6372019Revenue 2020: $788,268Expenses 2020: $665,529Net Income 2020: $122,7392020Revenue 2021: $430,243Expenses 2021: $727,269Net Income 2021: -$297,0262021Revenue 2022: $1,133,717Expenses 2022: $807,175Net Income 2022: $326,5422022Revenue 2023: $1,085,111Expenses 2023: $1,159,990Net Income 2023: -$74,8792023Revenue 2024: $518,257Expenses 2024: $641,550Net Income 2024: -$123,2932024

Highlighted filing

2017

Revenue$520,636
Expenses$552,035
Net Income-$31,399
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 14, 2018
Return Version
2017v2.3
Gross Receipts
$520,636
Mission and Program Overview

Mission

Indie memphis is the city's leading film arts organization, focused on exhibition, education, economic development, and community enhancement. This mission is accomplished through year-round programming, grants to filmmakers, and our signature indie memphis film festival held annually in november. We connect artists and audiences with the larger world of independent film through events such as microcinema, outdoor music film series, shoot & splice workshops, and networking events.

To build an appreciation for quality independent films and the art of filmmaking in the community, and to support the development of filmmakers

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$197,491$198,380▲ $889
Pledges and Grants Receivable$25,100$28,103▲ $3,003
Prepaid Expenses and Deferred Charges$3,140$5,282▲ $2,142
Land, Buildings, and Equipment, Net$7,370$2,836▼ $4,534
Total Assets$233,101$234,601▲ $1,500
Liabilities
Deferred Revenue$30,000$75,234▲ $45,234
Accounts Payable and Accrued Expenses$21,572$9,237▼ $12,335
Total Liabilities$51,572$84,471▲ $32,899
Net Assets / Fund Balance
Unrestricted Net Assets$181,529$150,130▼ $31,399
Total Net Assets Fund Balance$181,529$150,130▼ $31,399
Total Liabilities and Net Assets / Fund Balance$233,101$234,601▲ $1,500

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,836$50,702$53,538
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ryan WattExecutive DirectorFT$50,000$50,000

Board Members and Trustees

NameTitle
Molly WexlerPresident
Brett RobbsVice President
Betsy OlimDirector
Bruce NewmanDirector
Chad SchafflerDirector
Cory ChristmasDirector
Iddo PattDirector
Jason FarmerDirector
Juliet WischmeyerDirector
Kenn GibbsDirector
Kevin MirelesDirector
Mark FurrDirector
Mark JonesDirector
Melody BaileyDirector
Patrick BurnettDirector
Shamichael HallmanDirector
Ward ArcherDirector
Pamela PittsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$392,300
Program Service Revenue
$127,458
Investment Income
$16
Other Revenue
$862
All Other Contributions
$371,470
Change in Net Assets
$-31,399
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$408,130
Salaries, Compensation, and Employee Benefits$120,905
Grants and Similar Amounts Paid$23,000
Total Fundraising Expense$1,600
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$63,542$4,924$1,600$70,066
Other Salaries and Wages$41,750$20,563-$62,313
Fees for Services Other$59,358$318-$59,676
Advertising$53,882--$53,882
Current Officers, Directors, Trustees, and Key Employees$33,500$16,500-$50,000
Grants to Domestic Individuals$23,000--$23,000
Other Expenses$22,910--$22,910
Payroll Taxes$5,757$2,835-$8,592
Office Expenses-$6,775-$6,775
Occupancy-$6,528-$6,528
Travel$4,475$1,543-$6,018
Depreciation Depletion-$4,957-$4,957
Insurance$2,988$744-$3,732
Total Functional Expenses$484,748$65,687$1,600$552,035
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
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Part VI, Section B, Line 11B

The 990 is emailed to all board members by the president. The board is encouraged to review the 990 and to respond to the president with any concerns or questions within 7 days.

Form 990, Part VI, Section B, Line 12C

The conflict of interest policy is in the organization's bylaws. Board members are required to disclose any conflicts, and such conflicts must be documented in the board minutes.

Form 990, Part VI, Section B, Line 15

The executive committee of the board of directors meets in december to discuss any bonus for the year just ending any any salary adjustments for the upcoming year. The committee reviews compensation data from other film festivals and other local non-profit organizations. The executive committee makes a recommendation to the board of directors at the year end board meeting, and the board votes on those recommendations.

Form 990, Part VI, Section C, Line 18

The form 990, containing financial statements, is posted on the guidestar website, and is also available upon request.

Form 990, Part VI, Section C, Line 19

The bylaws, including the conflict of interest policy, are posted on the organization's website.

Filing and Contact Details

Filer

Filer Name
Indie Memphis
EIN
26-2165160
Phone
9012688654
Address
1910 MADISON AVENUE PMB 632, MEMPHIS, TN 38104

Signing Officer

Name
Ryan Watt
Title
Executive Director
Phone
9012688654
Signed
2018-09-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ryan Watt
Formed
2008
Legal Domicile
Tn
Voting Board Members
17
Independent Board Members
17
Employees
4
Volunteers
175

Preparer

Firm
The Marston Group Plc
Address
1661 INTERNATIONAL DRIVE SUITE 250, MEMPHIS, TN 38120
Preparer
Susan M Lattimore
Phone
9017613003
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract labor: program service expenses 59,263. Management and general expenses 0. Fundraising expenses 0. Total expenses 59,263. Payroll fees: program service expenses 95. Management and general expenses 47. Fundraising expenses 0. Total expenses 142. Filing fees: program service expenses 0. Management and general expenses 271. Fundraising expenses 0. Total expenses 271.

Form 990, Part IX, Line 24E

Screening fees: program service expenses 16,417. Management and general expenses 0. Fundraising expenses 0. Total expenses 16,417. Awards: program service expenses 13,185. Management and general expenses 0. Fundraising expenses 0. Total expenses 13,185. Musicians: program service expenses 12,755. Management and general expenses 0. Fundraising expenses 0. Total expenses 12,755. Merchandise: program service expenses 11,216. Management and general expenses 0. Fundraising expenses 0. Total expenses 11,216. Other exp-film festival: program service expenses 5,120. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,120. Shipping: program service expenses 718. Management and general expenses 3,331. Fundraising expenses 0. Total expenses 4,049. Dues & publications: program service expenses 0. Management and general expenses 1,593. Fundraising expenses 1,450. Total expenses 3,043. Volunteer costs: program service expenses 2,279. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,279. Event supplies: program service expenses 1,502. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,502. Photography & video: program service expenses 350. Management and general expenses 0. Fundraising expenses 0. Total expenses 350. Donor cultivation: program service expenses 0. Management and general expenses 0. Fundraising expenses 150. Total expenses 150.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18EXECUTIVE DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt017
IRS990/GovernmentGrantsAmt020830
IRS990/GrantAmt023000
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt023000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt023000
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0520636
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt017
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0744
IRS990/InsuranceGrp/ProgramServicesAmt02988
IRS990/InsuranceGrp/TotalAmt03732
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt016
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt034
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt050702
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07370
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02836
IRS990/LandBldgEquipCostOrOtherBssAmt053538
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0INDIE MEMPHIS IS THE CITY'S LEADING FILM ARTS ORGANIZATION, FOCUSED ON EXHIBITION, EDUCATION, ECONOMIC DEVELOPMENT, AND COMMUNITY ENHANCEMENT. THIS MISSION IS ACCOMPLISHED THROUGH YEAR-ROUND PROGRAMMING, GRANTS TO FILMMAKERS, AND OUR SIGNATURE INDIE MEMPHIS FILM FESTIVAL HELD ANNUALLY IN NOVEMBER. WE CONNECT ARTISTS AND AUDIENCES WITH THE LARGER WORLD OF INDEPENDENT FILM THROUGH EVENTS SUCH AS MICROCINEMA, OUTDOOR MUSIC FILM SERIES, SHOOT & SPLICE WORKSHOPS, AND NETWORKING EVENTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0181529
IRS990/NetAssetsOrFundBalancesEOYAmt0150130
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06528
IRS990/OccupancyGrp/TotalAmt06528
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06775
IRS990/OfficeExpensesGrp/TotalAmt06775
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0VENUE & EQUIPMENT RENTA
IRS990/OtherExpensesGrp/Desc1FILMMAKER EXPENSES
IRS990/OtherExpensesGrp/Desc2HOSPITALITY & PARTIES
IRS990/OtherExpensesGrp/Desc3PRINTING & SIGNAGE
IRS990/OtherExpensesGrp/ProgramServicesAmt088071
IRS990/OtherExpensesGrp/ProgramServicesAmt157533
IRS990/OtherExpensesGrp/ProgramServicesAmt227982
IRS990/OtherExpensesGrp/ProgramServicesAmt322910
IRS990/OtherExpensesGrp/TotalAmt088071
IRS990/OtherExpensesGrp/TotalAmt157533
IRS990/OtherExpensesGrp/TotalAmt227982
IRS990/OtherExpensesGrp/TotalAmt322910
IRS990/OtherRevenueMiscGrp/BusinessCd0453000
IRS990/OtherRevenueMiscGrp/Desc0MERCHANDISE/CONCESSION
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0862
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0862
IRS990/OtherRevenueTotalAmt0862
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt020563
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt041750
IRS990/OtherSalariesAndWagesGrp/TotalAmt062313
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02835
IRS990/PayrollTaxesGrp/ProgramServicesAmt05757
IRS990/PayrollTaxesGrp/TotalAmt08592
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt025100
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt028103
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03140
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05282
IRS990/PrincipalOfficerNm0RYAN WATT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/Desc0FILM FESTIVAL & TICKET
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0127458
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0127458
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0320970
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt022000
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt0271487
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt084176
IRS990/PYRevenuesLessExpensesAmt034704
IRS990/PYSalariesCompEmpBnftPaidAmt076970
IRS990/PYTotalExpensesAmt0370457
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0405161
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-31399
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0127458
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt038850
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt032500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt07500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt098850
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0392300
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0320970
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0227337
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0206852
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0201117
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01348576
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0128320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt084176
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt068783
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt072811
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt074721
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0428811
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94440
IRS990ScheduleA/PublicSupportPY509Pct00.95430
IRS990ScheduleA/PublicSupportTotal509Amt01678537
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt038850
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt032500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt07500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt098850
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0520620
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0405146
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0296120
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0279663
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0275838
IRS990ScheduleA/Total509Grp/TotalAmt01777387
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0520620
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0405146
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0296120
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0279663
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0275838
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01777387
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02836
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt050702
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt053538
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02836
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt020000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt13000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FILM-MAKING SUPPORT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1FILM-MAKING SUPPORT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt04
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt16
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0INDIE MEMPHIS OFFERS FOUR CASH GRANTS EACH GRANTING CYCLE TO FILMMAKERS LIVING IN SHELBY COUNTY, TN AND THE SIX SURROUNDING COUNTIES IN TN, AR AND MS. THE GRANTS ARE TO SUPPORT NARRATIVE SHORT FILMS THAT ARE SHOT IN THE SEVEN SPECIFIED COUNTIES. FILMMAKERS SUBMIT A SCRIPT, SAMPLES OF PAST WORK, AND A BUDGET. SUBMISSIONS ARE REVIEWED BY A PANEL OF JUDGES FROM THE INDUSTRY, AND THEY CHOOSE THE WINNERS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS EMAILED TO ALL BOARD MEMBERS BY THE PRESIDENT. THE BOARD IS ENCOURAGED TO REVIEW THE 990 AND TO RESPOND TO THE PRESIDENT WITH ANY CONCERNS OR QUESTIONS WITHIN 7 DAYS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS IN THE ORGANIZATION'S BYLAWS. BOARD MEMBERS ARE REQUIRED TO DISCLOSE ANY CONFLICTS, AND SUCH CONFLICTS MUST BE DOCUMENTED IN THE BOARD MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS MEETS IN DECEMBER TO DISCUSS ANY BONUS FOR THE YEAR JUST ENDING ANY ANY SALARY ADJUSTMENTS FOR THE UPCOMING YEAR. THE COMMITTEE REVIEWS COMPENSATION DATA FROM OTHER FILM FESTIVALS AND OTHER LOCAL NON-PROFIT ORGANIZATIONS. THE EXECUTIVE COMMITTEE MAKES A RECOMMENDATION TO THE BOARD OF DIRECTORS AT THE YEAR END BOARD MEETING, AND THE BOARD VOTES ON THOSE RECOMMENDATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990, CONTAINING FINANCIAL STATEMENTS, IS POSTED ON THE GUIDESTAR WEBSITE, AND IS ALSO AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE BYLAWS, INCLUDING THE CONFLICT OF INTEREST POLICY, ARE POSTED ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONTRACT LABOR: PROGRAM SERVICE EXPENSES 59,263. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 59,263. PAYROLL FEES: PROGRAM SERVICE EXPENSES 95. MANAGEMENT AND GENERAL EXPENSES 47. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 142. FILING FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 271. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 271.

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.13$0.04$0.09$0.52$0.64$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.42$0.02$0.40$1.09$1.16$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.08$0.47$1.13$0.81$0.33
2021Detailed filing. Detailed filing data is available for this year.$0.29$0.15$0.15$0.43$0.73$0.30
2020Detailed filing. Detailed filing data is available for this year.$0.50$0.05$0.44$0.79$0.67$0.12
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.01$0.32$0.85$0.73$0.11
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.05$0.21$0.64$0.62$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.23$0.08$0.15$0.52$0.55$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.23$0.05$0.18$0.41$0.37$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.04$0.15$0.30$0.20$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.07$0.05$0.28$0.33$0.05
2013Detailed filing. Detailed filing data is available for this year.$0.11$0.00$0.10$0.28$0.28$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.02$0.11$0.24
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.08$0.02$0.06$0.18
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.01$0.03$0.16$0.14$0.02