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

ArtsMemphis

Powering Authentic Assets

two stars

79.57

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 79.57 two stars
  Financial 71.11 two stars
  Accountability & Transparency 100.00 four stars
This rating was published 09/03/2019 and includes data from FY2018, 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

Impact Information

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This impact information is current as of August 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

two stars

71.11

Accountability & Transparency

four stars

100.00

This rating was published 09/03/2019 and includes data from FY2018, 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)
71.4%
  Administrative Expenses 13.6%
  Fundraising Expenses 14.8%
  Fundraising Efficiency $0.25
  Working Capital Ratio (years) 1.82
  Program Expenses Growth -9.9%
  Liabilities to Assets 29.2%
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.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,218,959
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $87,672
Total Contributions $1,306,631
   Program Service Revenue $0
Total Primary Revenue $1,306,631
   Other Revenue $402,878
TOTAL REVENUE $1,709,509
   
EXPENSES  
   Program Expenses $1,629,020
   Administrative Expenses $359,326
   Fundraising Expenses $364,202
TOTAL FUNCTIONAL EXPENSES $2,352,548
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-643,039
   
Net Assets $14,265,569

Charts

Compensation % of Expenses Paid to Title
$145,000 6.16% Elizabeth Rouse President, CEO

Mission

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

Highly Rated

Charity Name & State Overall Score Overall Rating
ArtsMemphis (TN) 79.57 two stars
Nebraska Humanities Council (NE) 87.24 three stars
United Arts Council of Raleigh and Wake County (NC) 89.48 three stars
National Guild for Community Arts Education (NY) 91.45 four stars
Americans for the Arts (DC) 89.06 three stars

Compare These Charities (Highly Rated)

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