Civic Intelligence

Great River Carnival Association

990 • Fiscal year 2022 • EIN 62-0291355

Aug 01, 2021 to Jul 31, 2022 • Filed on Jun 13, 2023

Organization ProfileWWW.CARNIVALMEMPHIS.ORG
4735 Spottswood Ave Ste 103Memphis, TN 38117

(901) 458-2500

Siviq Scores

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

Liabilities / Assets

86th percentile

0.43x

Higher debt load relative to assets than 86% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

0.27x

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

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Net Margin

79th percentile

30%

Higher net margin than 79% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

93rd percentile

$125,135

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 15.2% of source-year revenue.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2022

Asset Growth

96th percentile

120%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

99th percentile

2735%

Faster revenue growth than 99% of similar nonprofits.

2022 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$506,110

Up $276,345 (+120%) from 2021

Net Assets

Up

$286,190

Up $247,202 (+634%) from 2021

Liabilities

Up

$219,920

Up $29,143 (+15%) from 2021

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin79th percentile

Revenue

Up

$825,955

Up $796,824 (+2735%) from 2021

Expenses

Up

$578,753

Up $383,732 (+197%) from 2021

Net Income

Up

$247,202

Up $413,092 (+249%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth96th percentile

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

$600K$400K$200K$0Assets 2011: $345,162Liabilities 2011: $22,281Net Assets 2011: $322,8812011Assets 2012: $388,854Liabilities 2012: $51,567Net Assets 2012: $337,2872012Assets 2013: $365,536Liabilities 2013: $23,470Net Assets 2013: $342,0662013Assets 2014: $370,955Liabilities 2014: $21,039Net Assets 2014: $349,9162014Assets 2015: $357,613Liabilities 2015: $6,310Net Assets 2015: $351,3032015Assets 2016: $343,879Liabilities 2016: $12,469Net Assets 2016: $331,4102016Assets 2017: $343,054Liabilities 2017: $24,791Net Assets 2017: $318,2632017Assets 2018: $367,822Liabilities 2018: $35,351Net Assets 2018: $332,4712018Assets 2019: $418,791Liabilities 2019: $49,207Net Assets 2019: $369,5842019Assets 2020: $365,977Liabilities 2020: $161,099Net Assets 2020: $204,8782020Assets 2021: $229,765Liabilities 2021: $190,777Net Assets 2021: $38,9882021Assets 2022: $506,110Liabilities 2022: $219,920Net Assets 2022: $286,1902022Assets 2023: $425,390Liabilities 2023: $202,761Net Assets 2023: $222,6292023Assets 2024: $324,793Liabilities 2024: $89,705Net Assets 2024: $235,0882024Assets 2025: $268,874Liabilities 2025: $48,448Net Assets 2025: $220,4262025

Highlighted filing

2022

Assets$506,110
Liabilities$219,920
Net Assets$286,190
Open 2022 Filing

Operations Trend

Revenue Growth99th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $395,029Expenses 2011: $389,563Net Income 2011: $5,4662011Expenses 2012: $436,9762012Expenses 2013: $424,5172013Revenue 2014: $494,828Expenses 2014: $486,978Net Income 2014: $7,8502014Revenue 2015: $429,881Expenses 2015: $428,494Net Income 2015: $1,3872015Revenue 2016: $473,070Expenses 2016: $492,963Net Income 2016: -$19,8932016Revenue 2017: $389,950Expenses 2017: $403,097Net Income 2017: -$13,1472017Revenue 2018: $442,845Expenses 2018: $428,637Net Income 2018: $14,2082018Revenue 2019: $495,637Expenses 2019: $458,524Net Income 2019: $37,1132019Revenue 2020: $79,789Expenses 2020: $246,702Net Income 2020: -$166,9132020Revenue 2021: $29,131Expenses 2021: $195,021Net Income 2021: -$165,8902021Revenue 2022: $825,955Expenses 2022: $578,753Net Income 2022: $247,2022022Revenue 2023: $440,831Expenses 2023: $504,392Net Income 2023: -$63,5612023Revenue 2024: $538,165Expenses 2024: $525,706Net Income 2024: $12,4592024Revenue 2025: $552,231Expenses 2025: $566,893Net Income 2025: -$14,6622025

Highlighted filing

2022

Revenue$825,955
Expenses$578,753
Net Income$247,202
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2021 to Jul 31, 2022
Signed
Jun 13, 2023
Return Version
2021v4.2
Gross Receipts
$825,955
Mission and Program Overview

Mission

To engage continuously in such activities and programs which promote the development of memphis and the mid-south, to support the region's commercial and industrial base, and to hold annually a carnival celebration in honor of the region and its principal asset - the mississippi river.

To engage continuously in such activities and programs which promote the development of memphis and the mid-south, to support the region's commercial and industrial base, and to hold annually a carnival celebration in honor of the region and its principal asset-the mississippi river.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$41,199$400,998▲ $359,799
Savings and Temporary Cash Investments$88,036$88,149▲ $113
Prepaid Expenses and Deferred Charges$42,414$14,923▼ $27,491
Land, Buildings, and Equipment, Net$7,909$8,310▲ $401
Investments Other Securities$1,000$1,000→ $0
Cash and Non-Interest-Bearing Accounts$48,980$-7,270▼ $56,250
Total Assets$229,765$506,110▲ $276,345
Other Assets Total$227--
Liabilities
Accounts Payable and Accrued Expenses$11,351$203,520▲ $192,169
Deferred Revenue$179,426$16,400▼ $163,026
Total Liabilities$190,777$219,920▲ $29,143
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$38,988$286,190▲ $247,202
Total Net Assets Fund Balance$38,988$286,190▲ $247,202
Total Liabilities and Net Assets / Fund Balance$229,765$506,110▲ $276,345

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$8,310$25,717$34,027
Compensation and Service Providers
Top Officer Pay93rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Ed GalfskyExecutive DirectorFT$125,135$125,135

Board Members and Trustees

NameTitle
Thomas HusseyChairman
Hugh MalloryPresident
Katherine DobbsFirst Vice President
Richy RobertsSecond Vice-president
Andrew ShipmanDirector
Beth BuffingtonDirector
Betsy HornDirector
Bob BerryDirector
Bobby SolbergDirector
Chip CampbellDirector
Christian OwenDirector
Chuck StewartDirector
Edward DobbsDirector
Floy ColeDirector
Ginger CollierDirector
Jason HigginbothamDirector
Jay CurtisDirector
Jennie RobbinsDirector
Jim TaylorDirector
Joan LightmanDirector
John GoggansDirector
Laura CharbonnetDirector
Lauren StimacDirector
Leslie DarrDirector
Mike DavisDirector
Robin OrgelDirector
Todd BrownDirector
Tripp ThompsonDirector
Chris TutorGeneral Counsel
Curt GriffinTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$568,028
Program Service Revenue
$257,815
Investment Income
$112
Other Revenue
$0
All Other Contributions
$34,000
Change in Net Assets
$247,202

Audited Revenue Reconciliation

Revenue per Audited Statements
$825,955
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$825,955
Total Revenue per Form 990
$825,955
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$496,975
Salaries, Compensation, and Employee Benefits$81,778
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$62,740$6,534-$69,274
All Other Expenses$57,427$8,763-$66,190
Other Expenses$23,395$2,532-$23,395
Occupancy-$6,905-$6,905
Payroll Taxes$5,704$577-$6,281
Other Employee Benefits$5,670$553-$6,223
Fees for Services Accounting-$6,000-$6,000
Conferences and Meetings-$5,712-$5,712
Insurance$1,133$2,402-$3,535
Depreciation Depletion-$1,626-$1,626
Advertising$1,143$343-$1,486
Office Expenses-$1,111-$1,111
Total Functional Expenses$535,695$43,058$0$578,753

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$578,753
Total Expenses per Audited Statements$578,753
Total Expenses per Form 990$578,753
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No
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 form 990 is reviewed by the executive director prior to being filed.”

Form 990, Part VI, Section B, Line 15A

“Compensation of the executive director is approved by the board of directors after comparison to similarly situated positions in other clubs and other non-profit organizations.”

Form 990, Part VI, Section C, Line 19

“Public inspection of forms 1023 and 990 is by appointment with the executive director at 4735 spottswood, memphis, tn 38117. Appointments can be arranged by calling 901-458-2500.”

Filing and Contact Details

Filer

Filer Name
Great River Carnival Association
EIN
62-0291355
Phone
9014582500
Address
4735 SPOTTSWOOD AVE STE 103, MEMPHIS, TN 38117

Signing Officer

Name
Ed Galfsky
Title
Executive Director
Phone
9014588866
Signed
2023-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ed Galfsky
Formed
1931
Legal Domicile
Tn
Voting Board Members
31
Independent Board Members
31
Employees
3
Volunteers
0

Preparer

Firm
Frazee Ivy Davis Plc
Address
5100 POPLAR AVE STE 1400, MEMPHIS, TN 38137-1499
Preparer
J Slater Smithers CPA
Phone
9016851040
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

“Miscellaneous expenses: program service expenses 21,663. Management and general expenses 1,671. Fundraising expenses 0. Total expenses 23,334. Court expense: program service expenses 14,671. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,671. Merchandise: program service expenses 14,671. Management and general expenses 0. Fundraising expenses 0. Total expenses 14,671. Misc royalty expense: program service expenses 5,581. Management and general expenses 0. Fundraising expenses 0. Total expenses 5,581. Computer expense: program service expenses 0. Management and general expenses 2,645. Fundraising expenses 0. Total expenses 2,645. Postage and delivery: program service expenses 0. Management and general expenses 1,546. Fundraising expenses 0. Total expenses 1,546. Bank fees: program service expenses 0. Management and general expenses 1,491. Fundraising expenses 0. Total expenses 1,491. Telephone and internet: program service expenses 0. Management and general expenses 1,410. Fundraising expenses 0. Total expenses 1,410. Entertainment: program service expenses 841. Management and general expenses 0. Fundraising expenses 0. Total expenses 841.”

Form 990, Part XII, Line 2C

“There is no change from previous year regarding the audit process.”

Financial Statement Notes

PART X, LINE 2:

“Based on the evaluation of the association's tax positions, management believes all positions taken would more likely than not be upheld under examination. Therefore, no provision for the effects of uncertain tax positions has been recorded for the years ended july 31, 2022 and 2021.”

Raw XML AppendixShowing 400 of 553 raw XML fields

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

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt011351
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0203520
IRS990/AccountsReceivableGrp/BOYAmt041199
IRS990/AccountsReceivableGrp/EOYAmt0400998
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO ENGAGE CONTINUOUSLY IN SUCH ACTIVITIES AND PROGRAMS WHICH PROMOTE THE DEVELOPMENT OF MEMPHIS AND THE MID-SOUTH, TO SUPPORT THE REGION'S COMMERCIAL AND INDUSTRIAL BASE, AND TO HOLD ANNUALLY A CARNIVAL CELEBRATION IN HONOR OF THE REGION AND ITS PRINCIPAL ASSET-THE MISSISSIPPI RIVER.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0343
IRS990/AdvertisingGrp/ProgramServicesAmt01143
IRS990/AdvertisingGrp/TotalAmt01486
IRS990/AllOtherContributionsAmt034000
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt08763
IRS990/AllOtherExpensesGrp/ProgramServicesAmt057427
IRS990/AllOtherExpensesGrp/TotalAmt066190
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ED GALFSKY
IRS990/BooksInCareOfDetail/PhoneNum09014582500
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04735 SPOTTSWOOD AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0MEMPHIS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd038117
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt048980
IRS990/CashNonInterestBearingGrp/EOYAmt0-7270
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt05712
IRS990/ConferencesMeetingsGrp/TotalAmt05712
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0568028
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0112
IRS990/CYOtherExpensesAmt0496975
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0257815
IRS990/CYRevenuesLessExpensesAmt0247202
IRS990/CYSalariesCompEmpBnftPaidAmt081778
IRS990/CYTotalExpensesAmt0578753
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0825955
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt0179426
IRS990/DeferredRevenueGrp/EOYAmt016400
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01626
IRS990/DepreciationDepletionGrp/TotalAmt01626
IRS990/Desc0EXPENSES RELATE PRIMARILY TO PAGEANTS, BALLS, AND BANQUETS HELD DURING THE ANNUAL CELEBRATION OF CARNIVAL.
IRS990/DescribedInSection501c3Ind00
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt03
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0535695
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06000
IRS990/FeesForServicesAccountingGrp/TotalAmt06000
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt180.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt190.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt200.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt210.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt220.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt230.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt250.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt260.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt270.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt280.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt290.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt300.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd24X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd25X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd26X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd27X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd28X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd29X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd30X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OfficerInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd6X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt260
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt270
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt280
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt290
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt300
IRS990/Form990PartVIISectionAGrp/PersonNm0GINGER COLLIER
IRS990/Form990PartVIISectionAGrp/PersonNm1ED GALFSKY
IRS990/Form990PartVIISectionAGrp/PersonNm2THOMAS HUSSEY
IRS990/Form990PartVIISectionAGrp/PersonNm3JOAN LIGHTMAN
IRS990/Form990PartVIISectionAGrp/PersonNm4HUGH MALLORY
IRS990/Form990PartVIISectionAGrp/PersonNm5TODD BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm6CURT GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm7KATHERINE DOBBS
IRS990/Form990PartVIISectionAGrp/PersonNm8CHRIS TUTOR
IRS990/Form990PartVIISectionAGrp/PersonNm9BETH BUFFINGTON
IRS990/Form990PartVIISectionAGrp/PersonNm10LAURA CHARBONNET
IRS990/Form990PartVIISectionAGrp/PersonNm11EDWARD DOBBS
IRS990/Form990PartVIISectionAGrp/PersonNm12JASON HIGGINBOTHAM
IRS990/Form990PartVIISectionAGrp/PersonNm13BETSY HORN
IRS990/Form990PartVIISectionAGrp/PersonNm14ANDREW SHIPMAN
IRS990/Form990PartVIISectionAGrp/PersonNm15JIM TAYLOR
IRS990/Form990PartVIISectionAGrp/PersonNm16FLOY COLE
IRS990/Form990PartVIISectionAGrp/PersonNm17ROBIN ORGEL
IRS990/Form990PartVIISectionAGrp/PersonNm18JENNIE ROBBINS
IRS990/Form990PartVIISectionAGrp/PersonNm19LAUREN STIMAC
IRS990/Form990PartVIISectionAGrp/PersonNm20TRIPP THOMPSON
IRS990/Form990PartVIISectionAGrp/PersonNm21RICHY ROBERTS
IRS990/Form990PartVIISectionAGrp/PersonNm22BOB BERRY
IRS990/Form990PartVIISectionAGrp/PersonNm23CHIP CAMPBELL
IRS990/Form990PartVIISectionAGrp/PersonNm24JAY CURTIS
IRS990/Form990PartVIISectionAGrp/PersonNm25LESLIE DARR
IRS990/Form990PartVIISectionAGrp/PersonNm26MIKE DAVIS
IRS990/Form990PartVIISectionAGrp/PersonNm27JOHN GOGGANS
IRS990/Form990PartVIISectionAGrp/PersonNm28CHRISTIAN OWEN
IRS990/Form990PartVIISectionAGrp/PersonNm29BOBBY SOLBERG
IRS990/Form990PartVIISectionAGrp/PersonNm30CHUCK STEWART
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1125135
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
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/ReportableCompFromOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt300
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/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt280
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt290
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt300
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt7FIRST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8GENERAL COUNSEL
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21SECOND VICE-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01931
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt031
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0825955
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt031
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02402
IRS990/InsuranceGrp/ProgramServicesAmt01133
IRS990/InsuranceGrp/TotalAmt03535
IRS990/InvestmentIncomeGrp/ExclusionAmt0112
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0112
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01000
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01000
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt025717
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07909
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08310
IRS990/LandBldgEquipCostOrOtherBssAmt034027
IRS990/LegalDomicileStateCd0TN
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembershipDuesAmt0534028
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENGAGE CONTINUOUSLY IN SUCH ACTIVITIES AND PROGRAMS WHICH PROMOTE THE DEVELOPMENT OF MEMPHIS AND THE MID-SOUTH, TO SUPPORT THE REGION'S COMMERCIAL AND INDUSTRIAL BASE, AND TO HOLD ANNUALLY A CARNIVAL CELEBRATION IN HONOR OF THE REGION AND ITS PRINCIPAL ASSET - THE MISSISSIPPI RIVER.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt038988
IRS990/NetAssetsOrFundBalancesEOYAmt0286190
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt038988
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0286190
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06905
IRS990/OccupancyGrp/TotalAmt06905
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01111
IRS990/OfficeExpensesGrp/TotalAmt01111
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0227
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0553
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt05670
IRS990/OtherEmployeeBenefitsGrp/TotalAmt06223
IRS990/OtherExpensesGrp/Desc0PRODUCTION COSTS
IRS990/OtherExpensesGrp/Desc1FOOD AND BEVERAGES
IRS990/OtherExpensesGrp/Desc2TRANSPORTATION EXPENSES
IRS990/OtherExpensesGrp/Desc3MAGAZINE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt02532
IRS990/OtherExpensesGrp/ProgramServicesAmt0180891
IRS990/OtherExpensesGrp/ProgramServicesAmt1169525
IRS990/OtherExpensesGrp/ProgramServicesAmt228067
IRS990/OtherExpensesGrp/ProgramServicesAmt323395
IRS990/OtherExpensesGrp/TotalAmt0180891
IRS990/OtherExpensesGrp/TotalAmt1169525
IRS990/OtherExpensesGrp/TotalAmt230599
IRS990/OtherExpensesGrp/TotalAmt323395
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt06534
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt062740
IRS990/OtherSalariesAndWagesGrp/TotalAmt069274
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0577
IRS990/PayrollTaxesGrp/ProgramServicesAmt05704
IRS990/PayrollTaxesGrp/TotalAmt06281
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt042414
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014923
IRS990/PrincipalOfficerNm0ED GALFSKY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0999999
IRS990/ProgramServiceRevenueGrp/Desc0PROGRAM SERVICE REVENU
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0257815

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$506,110
Liabilities
$219,920
Net assets
$286,190
Revenue
$825,955
Expenses
$578,753
Net income
$247,202
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.69$0.48$2.20$5.52$5.67$0.15
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.25$0.90$2.35$5.38$5.26$0.12
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.25$2.03$2.23$4.41$5.04$0.64
2022Detailed filing. Detailed filing data is available for this year.$5.06$2.20$2.86$8.26$5.79$2.47
2021Detailed filing. Detailed filing data is available for this year.$2.30$1.91$0.39$0.29$1.95$1.66
2020Detailed filing. Detailed filing data is available for this year.$3.66$1.61$2.05$0.80$2.47$1.67
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.19$0.49$3.70$4.96$4.59$0.37
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.68$0.35$3.32$4.43$4.29$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.43$0.25$3.18$3.90$4.03$0.13
2016Detailed filing. Detailed filing data is available for this year.$3.44$0.12$3.31$4.73$4.93$0.20
2015Detailed filing. Detailed filing data is available for this year.$3.58$0.06$3.51$4.30$4.28$0.01
2014Detailed filing. Detailed filing data is available for this year.$3.71$0.21$3.50$4.95$4.87$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.66$0.23$3.42$4.25
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.89$0.52$3.37$4.37
2011Summary only. Only limited summary data is available for this year.$3.45$0.22$3.23$3.95$3.90$0.05