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Arts, Culture, Humanities : Performing Arts (Grantmaking/Grants Payable)

ArtsMemphis

Powering Authentic Assets

77.86

575 S Mendenhall Road Memphis, TN 38117
tel: (901) 578-2760   Web Site
EIN: 62-0693547

Board Leadership
Pat Danehy
Board Chair

CEO
Elizabeth Rouse
President & CEO

 
 
  Score
(out of 100)
Rating
Overall Score & Rating 77.86
  Financial 68.70
  Accountability & Transparency 100.00
This rating was published 03/01/2021 and includes data from FY2019, the most recent 990 received at that time.

Founded in 1963, ArtsMemphis works to sustain Memphis' world-renowned cultural vitality and strengthen local communities through the arts.

We award over 150 grants per year to more than 80 local arts groups and artists, totaling nearly $3 million in annual funding. All of this is possible because of the support we receive from more than 1,300 generous donors.

We envision a Memphis in which every individual feels pride in our city's authentic cultural assets and experiences the impact of the arts in their lives. In pursuit of that vision, we're guided by a commitment to Access, Equity and Inclusion, Creativity and Innovation, and Transparency.

Our Goals:
Amplify awareness and drive arts support
Invest in, and forge connections for, artists and organizations
Model organizational effectiveness

Founded in 1963, ArtsMemphis works to sustain Memphis' world-renowned cultural vitality and strengthen local communities through the arts.

We award over 150 grants per year to more than 80 local arts groups and artists, totaling nearly $3 million in annual funding. All of this is possible because of the support we receive from more than 1,300 generous donors.

We envision a Memphis in which every individual feels pride in our city's authentic cultural assets and experiences the impact of the arts in their lives. In pursuit of that vision, we're guided by a commitment to Access, Equity and Inclusion, Creativity and Innovation, and Transparency.

Our Goals:
Amplify awareness and drive arts support
Invest in, and forge connections for, artists and organizations
Model organizational effectiveness

Financial

68.70

Accountability & Transparency

100.00

This rating was published 03/01/2021 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
71.7%
  Administrative Expenses 13.2%
  Fundraising Expenses 15.0%
  Fundraising Efficiency $0.26
  Working Capital Ratio (years) 2.11
  Program Expenses Growth -7.8%
  Liabilities to Assets 28.1%
All data for Financial Performance Metrics calculations was provided by ArtsMemphis on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by ArtsMemphis on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
ArtsMemphis (TN) 77.86
Silicon Valley Creates (CA) 87.36
Greater Philadelphia Cultural Alliance (PA) 91.02
United Arts of Central Florida (FL) 90.91
ArtsWave (OH) 88.26

Compare These Charities (Highly Rated)

REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,504,841
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $79,227
Total Contributions $1,584,068
   Program Service Revenue $0
Total Primary Revenue $1,584,068
   Other Revenue $880,978
TOTAL REVENUE $2,465,046
   
EXPENSES  
   Program Expenses $1,841,621
   Administrative Expenses $266,822
   Fundraising Expenses $425,652
TOTAL FUNCTIONAL EXPENSES $2,534,095
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-69,049
   
Net Assets $14,073,352

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Operating Support Grants $1,306,500 70.9%
Enhancement Grants $215,250 11.7%
Artsaccelerator Grants $41,000 2.2%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-06 03/01/2021 77.86
2018-06 09/03/2019 79.57
2017-06 12/01/2018 84.63
2016-06 12/22/2017 72.57
2015-06 11/01/2016 71.64
2014-06 06/01/2016 76.03
 
CN 2.0
2014-06 11/01/2015 60.33
2013-06 02/01/2015 69.66
2012-06 07/01/2013 85.63
2011-06 05/01/2012 74.08
2010-06 09/20/2011 85.75
 
CN 1.0
2010-06 07/01/2011 79.06
2009-06 11/24/2010 69.78
2008-06 04/01/2009 78.05
2007-06 04/01/2008 78.08
2006-06 04/01/2007 89.87
2005-06 06/01/2006 83.01
2004-06 05/01/2005 82.83
2003-06 08/01/2004 82.90
2002-06 04/01/2004 96.00

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 62-0693547
Name in IRS Master File ARTS MEMPHIS
NTEE Code A26
NTEE Classification Arts Council/Agency
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (927) Fundraising
(279) Other services or benefits to members or employees
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date September, 1967
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2018
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
Compensation % of Expenses Paid to Title
$145,000 5.72% Elizabeth Rouse President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
ArtsMemphis (TN) 77.86
ArtsFund (WA) 85.44
ArtsWave (OH) 88.26
Texas Cultural Trust (TX) 87.54
United Arts of Central Florida (FL) 90.91

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

ArtsMemphis
575 S Mendenhall Road
Memphis, TN 38117
tel: (901) 578-2760
fax: (901) 578-2784
EIN: 62-0693547

Visit Web Site

Board Leadership

Pat Danehy
Board Chair

CEO

Elizabeth Rouse
President & CEO

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