My Memphis Charitable Foundation

990 • Fiscal year 2017 • EIN 62-1576628

Jun 01, 2016 to May 31, 2017

Organization Profile N/A

Memphis, TN

Siviq Scores

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

4.59x

Higher debt load relative to assets than 98% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

3.29x

Higher debt load relative to revenue than 98% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-124%

Higher net margin than 4% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

No value available

This filing does not contain officer compensation rows.

Source year 2017

-77%

Faster asset growth than 4% of similar nonprofits.

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

-32%

Faster revenue growth than 15% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets98th percentile

Assets

Down

$15,647

Down $52,586 (-77%) from 2016

Net Assets

Down

-$56,121

Down $27,016 (-93%) from 2016

Liabilities

Down

$71,768

Down $25,570 (-26%) from 2016

Revenue And Expenses

Liabilities / Revenue98th percentile Net Margin4th percentile

Revenue

Down

$21,816

Down $10,490 (-32%) from 2016

Expenses

Down

$48,832

Down $7,172 (-13%) from 2016

Net Income

Down

-$27,016

Down $3,318 (-14%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth4th percentile

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

Highlighted filing

2017

Assets$15,647

Liabilities$71,768

Net Assets-$56,121

Open 2017 Filing

Operations Trend

Revenue Growth15th percentile

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

Highlighted filing

2017

Revenue$21,816

Expenses$48,832

Net Income-$27,016

Open 2017 Filing

Filing Detail Status

This 2017 filing currently has summary financial data only. Detailed schedules, leadership, and program rows are not available for this filing yet.

View Latest Detailed Filing (2019)

Jump To

Filing Snapshot

Filing Period: Jun 1, 2016 to May 31, 2017

Mission and Program Overview

Mission

The organization's primary purpose is to provide financial support for the preservation of memphis' musical heritage, its musicians and technicians, the promotion of education and the advancement of healthcare and research.

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Summary only. Only limited summary data is available for this year.

Open filing

Assets: $15,647
Liabilities: $71,768
Net assets: -$56,121
Revenue: $21,816
Expenses: $48,832
Net income: -$27,016

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.00	$0.00	$0.00	$1.36	$0.45	$0.91
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.15	$1.06	$0.91	$0.09	$0.44	$0.35
2017Summary only. Only limited summary data is available for this year.	$0.16	$0.72	$0.56	$0.22	$0.49	$0.27
2016Detailed filing. Detailed filing data is available for this year.	$0.68	$0.97	$0.29	$0.32	$0.56	$0.24
2015Detailed filing. Detailed filing data is available for this year.	$0.79	$0.85	$0.05	$0.84	$0.65	$0.19
2014Detailed filing. Detailed filing data is available for this year.	$0.77	$1.01	$0.24	$0.33	$0.80	$0.47
2013Summary only. Only limited summary data is available for this year.	$0.98	$0.75	$0.23	$0.68	$0.95	$0.27
2012Summary only. Only limited summary data is available for this year.	$1.09	$0.59	$0.50	$0.40	$1.26	$0.86
2011Summary only. Only limited summary data is available for this year.	$2.22	$0.86	$1.36	$1.32	$1.55	$0.23