Civic Intelligence

Arts Memphis

990 • Fiscal year 2017 • EIN 62-0693547

Jul 01, 2016 to Jun 30, 2017 • Filed on May 15, 2018

575 S Mendenhall RoadMemphis, TN 38117

(901) 578-2787

Siviq Scores

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

Liabilities / Assets

57th percentile

0.29x

Higher debt load relative to assets than 57% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Liabilities / Revenue

90th percentile

2.79x

Higher debt load relative to revenue than 90% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Net Margin

7th percentile

-36%

Higher net margin than 7% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Top Officer Pay

36th percentile

$137,980

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 6.8% of source-year revenue.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2017

Asset Growth

38th percentile

1.3%

Faster asset growth than 38% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-20%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • 501(c)3 • $10M-$25M nonprofits • Annualized from 2016 to 2017

Assets

Up

$19,531,792

Up $259,275 (+1.3%) from 2016

Net Assets

Up

$13,887,656

Up $775,856 (+5.9%) from 2016

Liabilities

Down

$5,644,136

Down $516,581 (-8.4%) from 2016

Revenue

Down

$2,021,732

Down $511,669 (-20%) from 2016

Expenses

Down

$2,744,068

Down $539,287 (-16%) from 2016

Net Income

Up

-$722,336

Up $27,618 (+3.7%) from 2016

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $21,822,318Liabilities 2011: $2,751,001Net Assets 2011: $19,071,3172011Assets 2012: $20,711,893Liabilities 2012: $3,524,360Net Assets 2012: $17,187,5332012Assets 2013: $22,416,847Liabilities 2013: $8,235,004Net Assets 2013: $14,181,8432013Assets 2014: $23,111,289Liabilities 2014: $7,446,755Net Assets 2014: $15,664,5342014Assets 2015: $21,502,109Liabilities 2015: $6,630,859Net Assets 2015: $14,871,2502015Assets 2016: $19,272,517Liabilities 2016: $6,160,717Net Assets 2016: $13,111,8002016Assets 2017: $19,531,792Liabilities 2017: $5,644,136Net Assets 2017: $13,887,6562017Assets 2018: $20,160,440Liabilities 2018: $5,894,871Net Assets 2018: $14,265,5692018Assets 2019: $19,575,424Liabilities 2019: $5,502,072Net Assets 2019: $14,073,3522019Assets 2020: $17,554,417Liabilities 2020: $5,330,449Net Assets 2020: $12,223,9682020Assets 2021: $27,910,571Liabilities 2021: $6,065,417Net Assets 2021: $21,845,1542021Assets 2022: $27,136,198Liabilities 2022: $5,528,566Net Assets 2022: $21,607,6322022Assets 2023: $27,700,637Liabilities 2023: $5,582,520Net Assets 2023: $22,118,1172023Assets 2024: $27,849,267Liabilities 2024: $5,767,468Net Assets 2024: $22,081,7992024Assets 2025: $28,806,095Liabilities 2025: $5,896,085Net Assets 2025: $22,910,0102025

Highlighted filing

2017

Assets$19,531,792
Liabilities$5,644,136
Net Assets$13,887,656

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $5,054,0302011Revenue 2012: $3,445,229Expenses 2012: $4,563,749Net Income 2012: -$1,118,5202012Revenue 2013: $2,764,366Expenses 2013: $4,529,962Net Income 2013: -$1,765,5962013Revenue 2014: $2,773,881Expenses 2014: $2,387,596Net Income 2014: $386,2852014Revenue 2015: $2,172,588Expenses 2015: $3,342,363Net Income 2015: -$1,169,7752015Revenue 2016: $2,533,401Expenses 2016: $3,283,355Net Income 2016: -$749,9542016Revenue 2017: $2,021,732Expenses 2017: $2,744,068Net Income 2017: -$722,3362017Revenue 2018: $1,709,509Expenses 2018: $2,352,548Net Income 2018: -$643,0392018Revenue 2019: $2,465,046Expenses 2019: $2,534,095Net Income 2019: -$69,0492019Revenue 2020: $1,361,032Expenses 2020: $2,741,658Net Income 2020: -$1,380,6262020Revenue 2021: $7,627,424Expenses 2021: $2,262,185Net Income 2021: $5,365,2392021Revenue 2022: $4,849,435Expenses 2022: $3,461,047Net Income 2022: $1,388,3882022Revenue 2023: $3,289,255Expenses 2023: $4,429,798Net Income 2023: -$1,140,5432023Revenue 2024: $2,334,272Expenses 2024: $3,920,114Net Income 2024: -$1,585,8422024Revenue 2025: $2,017,994Expenses 2025: $3,089,191Net Income 2025: -$1,071,1972025

Highlighted filing

2017

Revenue$2,021,732
Expenses$2,744,068
Net Income-$722,336
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 15, 2018
Return Version
2016v3.0
Gross Receipts
$3,056,314
Mission and Program Overview

Mission

Supporting the arts to strengthen the memphis community.

Sustaining memphis' world-renowned cultural vitality and strengthening local communities through the arts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$17,778,724$18,856,801▲ $1,078,077
Pledges and Grants Receivable$856,630$333,555▼ $523,075
Savings and Temporary Cash Investments$529,388$272,313▼ $257,075
Land, Buildings, and Equipment, Net$100,860$51,334▼ $49,526
Prepaid Expenses and Deferred Charges$4,898$15,940▲ $11,042
Accounts Receivable$2,017$1,849▼ $168
Intangible Assets$0$0→ $0
Total Assets$19,272,517$19,531,792▲ $259,275
Liabilities
Other Liabilities$4,995,894$5,086,755▲ $90,861
Grants Payable$116,196$326,760▲ $210,564
Unsecured Notes Loans Payable$689,356$163,706▼ $525,650
Deferred Revenue$123,500$0▼ $123,500
Accounts Payable and Accrued Expenses$235,771$66,915▼ $168,856
Total Liabilities$6,160,717$5,644,136▼ $516,581
Net Assets / Fund Balance
Permanently Rstr Net Assets$9,171,144$9,171,144→ $0
Temporarily Rstr Net Assets$2,880,598$2,976,316▲ $95,718
Unrestricted Net Assets$1,060,058$1,740,196▲ $680,138
Total Net Assets Fund Balance$13,111,800$13,887,656▲ $775,856
Total Liabilities and Net Assets / Fund Balance$19,272,517$19,531,792▲ $259,275

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,417$196,013$227,430
Leasehold Improvements$19,917$187,701$207,618
Buildings$0--
Other Land Buildings$0--
Other Securities$18,856,801--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$17,778,724-▲ $2,099,189$684,145$18,856,801
2015$20,258,088-▼ $995,888$993,929$17,778,724
2014$21,586,182-▲ $535,187$1,248,398$20,258,088
2013$20,726,468$400,000▲ $2,838,615$1,635,712$21,586,182
2012$19,358,526$1,600,000▲ $1,941,041$1,400,865$20,726,468
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Elizabeth RousePresident/chief ExecutiveFT$137,980$137,980
Maggie LovellFormer Chief Financial OfficerFT$62,466$62,466
Linda SteeleFormer Chief Engagement OfficerFT$50,793$50,793
Ellen LesterChief Financial OfficerPT$28,987$28,987

Board Members and Trustees

NameTitle
Anne StokesMember, Board of Directors
Ashley PattersonMember, Board of Directors
Bill CarkeetMember, Board of Directors
Bo AllenMember, Board of Directors
Bob CraddockMember, Board of Directors
Brad JohnsonMember, Board of Directors
Bruce B HopkinsMember, Board of Directors
C David Biggers JrMember, Board of Directors
Gary WunderlichMember, Board of Directors
Greg BaudoinMember, Board of Directors
Greg FletcherMember, Board of Directors
Gretchen MclennonMember, Board of Directors
Jennie AndersonMember, Board of Directors
Jimmie WilliamsMember, Board of Directors
John PetteyMember, Board of Directors
Jon ErnstMember, Board of Directors
Jonathan MooreheadMember, Board of Directors
Kate ConnellMember, Board of Directors
Kathy Gale UhlhornMember, Board of Directors
Lr Jalenak JrMember, Board of Directors
Lucy LeeMember, Board of Directors
Martin HandMember, Board of Directors
Maysey CraddockMember, Board of Directors
Oscar AdamsMember, Board of Directors
Pat DanehyMember, Board of Directors
Peter PettitMember, Board of Directors
Pitt HydeMember, Board of Directors
Reginald R Paige SrMember, Board of Directors
Ron WalterMember, Board of Directors
Russ WiggintonMember, Board of Directors
Trow GillespieMember, Board of Directors
Warren MilnorMember, Board of Directors
Revenue and Support

Revenue Composition

Contributions and Grants
$1,480,641
Program Service Revenue
$0
Investment Income
$96,922
Other Revenue
$444,169
All Other Contributions
$1,381,907
Change in Net Assets
$-722,336

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,021,732
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,616,719
Total Revenue per Audited Statements
$3,638,451
Total Revenue per Form 990
$2,021,732
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,561,814
Salaries, Compensation, and Employee Benefits$615,264
Other Expenses$566,990
Total Fundraising Expense$355,198
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,546,814--$1,546,814
Current Officers, Directors, Trustees, and Key Employees$177,661$201,075$169,600$548,336
All Other Expenses$13,559$43,368$50,498$107,425
Occupancy$30,705$34,752$29,312$94,769
Depreciation Depletion$16,135$18,261$15,403$49,799
Payroll Taxes$12,985$14,697$12,396$40,078
Fees for Services Accounting-$26,192-$26,192
Other Expenses$15,722$1,053$232$17,007
Pension Plan Contributions$5,350$6,055$5,106$16,511
Conferences and Meetings$7,517$7,079$1,172$15,768
Grants to Domestic Individuals$15,000--$15,000
Insurance$4,377$4,954$4,179$13,510
Interest-$11,753-$11,753
Office Expenses$3,756$4,251$3,586$11,593
Other Employee Benefits$3,350$3,792$3,197$10,339
Fees for Services Other-$3,072-$3,072
Travel-$2,278-$2,278
Total Functional Expenses$2,006,238$382,632$355,198$2,744,068

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,862,595
Expenses per Audited Statements$2,744,068
Total Expenses per Form 990$2,744,068
Expenses Not Reported on Form 990$118,527
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
MEMPHIS ROCK'N' SOUL MUSEUEMMemphis, TN501(c)(3)Operating Support$220,100
Ballet MemphisMemphis, TN501(c)(3)Project Support$182,000
Ballet MemphisMemphis, TN501(c)(3)Operating and Enhancement Support$175,000
Hatiloo TheatreMemphis, TN501(c)(3)Operating Support$150,100
Opera MemphisMemphis, TN501(c)(3)Operating Support$135,500
Concerts InternationalMemphis, TN501(c)(3)Long-term Capacity Building$113,600
National Ornamental Metal MuseumMemphis, TN501(c)(3)Operating Support$87,500
Voices of the SouthMemphis, TN501(c)(3)Operating Support$72,600
Playhouse on the SquareMemphis, TN501(c)(3)Operating Support$55,000
Africa in AprilMemphis, TN501(c)(3)Operating Support$40,000
Urban Art CommissionMemphis, TN501(c)(3)Operating and Enhancement Support$37,100
Germantown Community TheatreGermantown, TN501(c)(3)Long-term Capacity Building$32,450
Theatre MemphisMemphis, TN501(c)(3)Operating Support$25,810
Memphis Brooks Museum of ArtMemphis, TN501(c)(3)Operating and Enhancement Support$25,500
Indie MemphisMemphis, TN501(c)(3)Operating Support and Enhancement$18,500
Opera MemphisMemphis, TN501(c)(3)Operating and Enhancement Support$10,000
Africa in AprilMemphis, TN501(c)(3)Operating Support$8,000
Memphis College of ArtMemphis, TN501(c)(3)Enhancement Support$7,500
Prizm EnsembleMemphis, TN501(c)(3)Project Suppport$7,050
New Ballet Ensemble and SchoolMemphis, TN501(c)(3)Operating and Enhancement Support$5,100
SoulsvilleMemphis, TN501(c)(3)Operating Support$5,000
Beale Street CaravanMemphis, TN501(c)(3)Operating and Enhancement Support-
Beale Street CaravanMemphis, TN501(c)(3)Operating Support-
Blues City Cultural CenterMemphis, TN501(c)(3)Project Support-
Circuit PlayhouseMemphis, TN501(c)(3)Operating Support-
Collage Dance CollectiveMemphis, TN501(c)(3)Project Support-
Concerts InternationalMemphis, TN501(c)(3)Operating Support-
Crosstown ArtsMemphis, TN501(c)(3)Project Support-
Dixon Gallery and GardensMemphis, TN501(c)(3)Project Support-
Friends of the Levitt PavillionMemphis, TN501(c)(3)Project Support-
Germantown Community TheatreGermantown, TN501(c)(3)Operating Support-
Iris OrchestraMemphis, TN501(c)(3)Project Support-
Lorraine Civil Rights Museum FoundationCollierville, TN501(c)(3)Project Support-
Memphis Symphony OrchestraMemphis, TN501(c)(3)Operating Support-
National Civil Rights MuseumMemphis, TN501(c)(3)Artist Education Outreach-
National Ornamental Metal Museum Foundation IncMemphis, TN501(c)(3)Project Support-
New Ballet Ensemble and SchoolMemphis, TN501(c)(3)Operating Support-
New Ballet Ensemble and SchoolMemphis, TN501(c)(3)Project Support-
New Day Childrens Theatre IncMemphis, TN501(c)(3)Project Support-
On Location MemphisMemphis, TN501(c)(3)Project Support-
Orange Mound Veterans AssociationMemphis, TN501(c)(3)Project Support-
Orpheum Theatre GroupMemphis, TN501(c)(3)Project Support-
RiverartsfestCordova, TN501(c)(3)Project Support-
SoulsvilleMemphis, TN501(c)(3)Project Support-
Tennessee Art Education Association--Artist Education Outreach-
Tennessee Shakespeare CoMemphis, TN501(c)(3)Project Support-
The Blues FoundationMemphis, TN501(c)(3)Operating Support-
Theatre MemphisMemphis, TN501(c)(3)Operating Support-
Theatre MemphisMemphis, TN501(c)(3)Project Support-
TheatreworksMemphis, TN501(c)(3)Project Support-
Visible Music CollegeMemphis, TN501(c)(3)Project Support-
Withers CollectionNashville, TN501(c)(3)Project Support-
Womens Theatre Festival of Memphis IncMemphis, TN501(c)(3)Project Support-
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$551,153
Fundraising Direct Expenses$118,527
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Conservation Through Art$413,555$413,555$72,460$341,095
Artbydesign$137,598$137,598$46,067$91,531
Total Events$551,153$551,153$118,527$432,626
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Assets Held for Other Organizations$5,056,555
Capital Lease Obligation$30,200
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 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

A draft of the form 990 is reviewed by the ceo and cfo of the organization and the finance committee of the board of directors prior to its finalization by the outside accountant who prepares the return. All questions from the ceo and cfo are cleared before the return is released.

Form 990, Part VI, Section B, Line 15

Compensation of the ceo is voted on and approved by the executive committee of the board of directors. Comparable salary data is obtained from other agencies and trade publications.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon either written or verbal request.

Filing and Contact Details

Filer

Filer Name
Artsmemphis
EIN
62-0693547
Phone
9015782787
Address
575 S MENDENHALL ROAD, MEMPHIS, TN 38117

Signing Officer

Name
Ellen Lester
Title
CFO
Phone
9015782787
Signed
2018-05-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ellen Lester
Formed
1962
Legal Domicile
Tn
Voting Board Members
32
Independent Board Members
32
Employees
22
Volunteers
130

Preparer

Firm
The Marston Group Plc
Address
1661 INTERNATIONAL DRIVE SUITE 250, MEMPHIS, TN 38120
Preparer
Jill Wozniuk CPA
Phone
9017613003
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 2(C)

The entity maintains a finance committee that reviews the organization's audited financial statements with the outside auditor before their release. This policy is consistent with prior years.

Financial Statement Notes

PART X, LINE 2:

Contents of footnote to audited financial statements: the internal revenue service has ruled that the organization qualifies under section 501(c)(3) of the internal revenue code and is, therefore, not subject to federal income tax under present income tax laws. In accordance with u.s. Gaap, if applicable, the organization recognizes interest expense and penalties related to uncertain tax positions in operating expense. No amounts have been recognized in expenses for the years ended june 30, 2016 and 2015. Informational tax returns for 2012 and subsequent years are subject to examinations by tax authorities.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Direct fundraising expenses

Raw XML AppendixShowing 400 of 1,191 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.

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IRS990/ActivityOrMissionDesc0SUSTAINING MEMPHIS' WORLD-RENOWNED CULTURAL VITALITY AND STRENGTHENING LOCAL COMMUNITIES THROUGH THE ARTS.
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt260.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt270.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt280.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt290.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt300.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt310.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3240.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt3330.00
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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/IndividualTrusteeOrDirectorInd31X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
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/OtherCompensationAmt310
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt320
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt330
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt340
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt350
IRS990/Form990PartVIISectionAGrp/PersonNm0BO ALLEN
IRS990/Form990PartVIISectionAGrp/PersonNm1MAYSEY CRADDOCK
IRS990/Form990PartVIISectionAGrp/PersonNm2BOB CRADDOCK
IRS990/Form990PartVIISectionAGrp/PersonNm3PAT DANEHY
IRS990/Form990PartVIISectionAGrp/PersonNm4MARTIN HAND
IRS990/Form990PartVIISectionAGrp/PersonNm5GREG FLETCHER
IRS990/Form990PartVIISectionAGrp/PersonNm6TROW GILLESPIE
IRS990/Form990PartVIISectionAGrp/PersonNm7PITT HYDE
IRS990/Form990PartVIISectionAGrp/PersonNm8LR JALENAK JR
IRS990/Form990PartVIISectionAGrp/PersonNm9BRAD JOHNSON
IRS990/Form990PartVIISectionAGrp/PersonNm10BILL CARKEET
IRS990/Form990PartVIISectionAGrp/PersonNm11LUCY LEE
IRS990/Form990PartVIISectionAGrp/PersonNm12JENNIE ANDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm13GRETCHEN MCLENNON
IRS990/Form990PartVIISectionAGrp/PersonNm14JONATHAN MOOREHEAD
IRS990/Form990PartVIISectionAGrp/PersonNm15JOHN PETTEY
IRS990/Form990PartVIISectionAGrp/PersonNm16PETER PETTIT
IRS990/Form990PartVIISectionAGrp/PersonNm17ANNE STOKES
IRS990/Form990PartVIISectionAGrp/PersonNm18RON WALTER
IRS990/Form990PartVIISectionAGrp/PersonNm19JIMMIE WILLIAMS
IRS990/Form990PartVIISectionAGrp/PersonNm20GARY WUNDERLICH
IRS990/Form990PartVIISectionAGrp/PersonNm21GREG BAUDOIN
IRS990/Form990PartVIISectionAGrp/PersonNm22KATE CONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm23RUSS WIGGINTON
IRS990/Form990PartVIISectionAGrp/PersonNm24OSCAR ADAMS
IRS990/Form990PartVIISectionAGrp/PersonNm25C DAVID BIGGERS JR
IRS990/Form990PartVIISectionAGrp/PersonNm26JON ERNST
IRS990/Form990PartVIISectionAGrp/PersonNm27KATHY GALE UHLHORN
IRS990/Form990PartVIISectionAGrp/PersonNm28REGINALD R PAIGE SR
IRS990/Form990PartVIISectionAGrp/PersonNm29ASHLEY PATTERSON
IRS990/Form990PartVIISectionAGrp/PersonNm30BRUCE B HOPKINS
IRS990/Form990PartVIISectionAGrp/PersonNm31WARREN MILNOR
IRS990/Form990PartVIISectionAGrp/PersonNm32ELIZABETH ROUSE
IRS990/Form990PartVIISectionAGrp/PersonNm33ELLEN LESTER
IRS990/Form990PartVIISectionAGrp/PersonNm34MAGGIE LOVELL
IRS990/Form990PartVIISectionAGrp/PersonNm35LINDA STEELE
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
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/ReportableCompFromOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt32137980
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3328987
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3462466
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3550793
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/ReportableCompFromRltdOrgAmt310
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt320
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt330
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt340
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt350
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt7MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt19MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt20MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt21MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt22MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt23MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt24MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt25MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt26MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt27MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt28MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt29MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt30MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt31MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt32PRESIDENT/CHIEF EXECUTIVE
IRS990/Form990PartVIISectionAGrp/TitleTxt33CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt34FORMER CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt35FORMER CHIEF ENGAGEMENT OFFICER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01962
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt0118527
IRS990/FundraisingGrossIncomeAmt0551153
IRS990/GainOrLossGrp/SecuritiesAmt048448
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt032
IRS990/GovernmentGrantsAmt098734
IRS990/GrantAmt0212710
IRS990/GrantsPayableGrp/BOYAmt0116196
IRS990/GrantsPayableGrp/EOYAmt0326760
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt015000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt015000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01546814
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01546814
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0964503
IRS990/GrossReceiptsAmt03056314
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt032
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/FundraisingAmt04179
IRS990/InsuranceGrp/ManagementAndGeneralAmt04954
IRS990/InsuranceGrp/ProgramServicesAmt04377
IRS990/InsuranceGrp/TotalAmt013510
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt011753
IRS990/InterestGrp/TotalAmt011753
IRS990/InvestmentIncomeGrp/ExclusionAmt048474
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048474
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt017778724
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt018856801
IRS990/IRPDocumentCnt040
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0383714
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0100860
IRS990/LandBldgEquipBasisNetGrp/EOYAmt051334
IRS990/LandBldgEquipCostOrOtherBssAmt0435048
IRS990/LegalDomicileStateCd0TN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0916055
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0SUSTAINING MEMPHIS' WORLD-RENOWNED CULTURAL VITALITY AND STRENGTHENING LOCAL COMMUNITIES THROUGH THE ARTS.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$28.8$5.90$22.9$2.02$3.09$1.07
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.8$5.77$22.1$2.33$3.92$1.59
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$27.7$5.58$22.1$3.29$4.43$1.14
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.1$5.53$21.6$4.85$3.46$1.39
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.9$6.07$21.8$7.63$2.26$5.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$17.6$5.33$12.2$1.36$2.74$1.38
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.6$5.50$14.1$2.47$2.53$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$20.2$5.89$14.3$1.71$2.35$0.64
2017Detailed filing. Detailed filing data is available for this year.$19.5$5.64$13.9$2.02$2.74$0.72
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$19.3$6.16$13.1$2.53$3.28$0.75
2015Detailed filing. Detailed filing data is available for this year.$21.5$6.63$14.9$2.17$3.34$1.17
2014Detailed filing. Detailed filing data is available for this year.$23.1$7.45$15.7$2.77$2.39$0.39
2013Summary only. Only limited summary data is available for this year.$22.4$8.24$14.2$2.76$4.53$1.77
2012Summary only. Only limited summary data is available for this year.$20.7$3.52$17.2$3.45$4.56$1.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.8$2.75$19.1$5.05