EIN 62-0693547

ARTSmemphis

IRS 501(c) type
501(c)(3)
Num. employees
10
Year formed
1962
Most recent tax filings
2023-06-01
NTEE code, primary
Description
Sustaining memphis' world-renowned cultural vitality and strengthening local communities through the arts. Raising funds to ensure excellence in the arts and build a vibrant cultural community for everyone. Supporting the arts to strengthen the memphis community.
Total revenues
$3,289,255
2023
Total expenses
$4,429,798
2023
Total assets
$27,700,637
2023
Num. employees
10
2023

Program areas at ARTSmemphis

Operating support grants: Artsmemphis, through this cornerstone grant program, nurtures small, community-based arts organizations and supports larger organizations that create the seeds for new initiatives and lend stability to the overall arts landscape. Artsmemphis seeks to enable all effective arts organizations to succeed. We recognize that unrestricted operating support is the most valuable funding that an arts organization can receive and the most difficult type of funding to raise.
Enhancement grants: the purpose of these grants, which come from a specific fund of our endowment, is to build an organization's long-term capacity, increase long-term earned income streams, catalyze and assist an organization in going to the next level, and/or fund venture capital/risk-taking initiatives with potential for return on investment and broad community impact.
Recovery fund: the purpose of these grants, is to provide funding to individual artists and arts organizations to facilitate recovery from the covid-19 pandemic.
Project grants: these grants are given to grantees for specific projects executed by the grantees. These grants include:artsfirst - (funded by first horizon foundation and administered by Artsmemphis) - artsfirst grants enrich the arts in memphis. Funding is determined by a grant panel composed of first horizon foundation representatives.artszone - (funded by autozone and administered by Artsmemphis) - artszone grants enrich the arts in memphis. Funding is determined by a grant panel composed of autozone representatives.belz family foundation grants - (funded by the belz foundation)arts build communities - (funded by Tennessee arts commission) - abc grants provide support for projects that broaden access to arts experiences, address community quality of life issues through the arts, or enhance the sustainability of asset-based cultural enterprises.fedex - (funded by fedex and administered by Artsmemphis) - fedex grants enrich the arts in memphis. Funding is determined by a grant panel composed of fedex representatives.

Grants made by ARTSmemphis

GranteeGrant descriptionAmount
Memphis Music IntiativeRecovery$485,000
The Collective the CLTVOperating Support & Enhancement$115,000
Opera MemphisOperating Support & Enhancement$100,000
...and 42 more grants made totalling $1,858,020

Who funds ARTSmemphis

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Kresge FoundationProject Support for the Artsmemphis Recovery and Resilience Fund.$250,000
JR Hyde Iii Family FoundationGeneral Operating Support/support for Contemporary Arts Memphis/support for Arts Recovery Fund$150,450
The Dunavant FoundationGeneral Operational Support$150,000
...and 9 more grants received

Personnel at ARTSmemphis

NameTitleCompensation
Elizabeth RousePresident and Chief Executive Officer$155,872
Tracy Lauritzen WrightChief Operating Officer$101,500
Julie WiklundChief Financial Officer$87,725
Josie BallinDirector of Donor Engagement
Bryce GoodloeProgram and Operations Manager
...and 7 more key personnel

Financials for ARTSmemphis

RevenuesFYE 06/2023
Total grants, contributions, etc.$2,743,672
Program services$0
Investment income and dividends$105,867
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$8,621
Net income from fundraising events$431,095
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$3,289,255

Form 990s for ARTSmemphis

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-11990View PDF
2022-062023-03-06990View PDF
2021-062022-02-21990View PDF
2020-062021-05-26990View PDF
2019-062020-11-20990View PDF
...and 9 more Form 990s

Organizations like ARTSmemphis

OrganizationLocationRevenue
United Arts Council of Raleigh and Wake CountyRaleigh, NC$2,248,784
United Arts of Central FloridaOrlando, FL$12,274,047
Culture WorksDayton, OH$1,482,846
Allied ArtsOklahoma City, OK$4,004,997
Bravo Greater Des MoinesDes Moines, IA$7,284,497
LexartsLexington, KY$2,675,291
Cultural Alliance Of York CountyYork, PA$1,683,542
ArtsWaveCincinnati, OH$12,271,327
Lower Manhattan Cultural CouncilNew York, NY$5,022,154
Erie Arts and CultureErie, PA$1,470,612
Data update history
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $150,450 from JR Hyde Iii Family Foundation
December 23, 2023
Received grants
Identified 3 new grant, including a grant for $250,000 from Kresge Foundation
September 18, 2023
Updated personnel
Identified 5 new personnel
June 26, 2023
Received grants
Identified 7 new grant, including a grant for $350,300 from JR Hyde Iii Family Foundation
June 18, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsFundraising eventsState / local levelReceives government fundingEndowed supportCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
575 S Mendenhall Rd
Memphis, TN 38117
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
artsmemphis.org/ 
Phone
(901) 578-2787
Facebook page
artsmemphis 
Twitter profile
@artsmemphis 
IRS details
EIN
62-0693547
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1962
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A26: Arts Council/Agency
NAICS code, primary
7113: Promoters of Performing Arts, Sports, and Similar Events
Parent/child status
Independent
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