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Memphis Equity Through Arts Inc
Memphis Equity Through Arts Inc
Memphis, TN, US
•
501(c)(3)
•
EIN
81-4079426
•
www.memphisismusic.org
•
Women Led
BIPOC Led
Memphis Equity Through Arts Inc
Memphis, TN, US
•
501(c)(3)
•
EIN
81-4079426
•
www.memphisismusic.org
•
Women Led
BIPOC Led
Overview
Programs
990s
Income Statement
Balance Sheet
How to Apply
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People
Board & Team
Financials
Financial Trends
Funding
Funders
Grants Received
Grantmaking
Giving Insights
Grantees
Grants Given
Overlap
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Income Statement
Fiscal Year Start:
Jan 1
Revenues in
2024
$970,958
Contributions
94%
Other
4%
Investments
2%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in
2024
$3,040,347
Other
74%
Grants
14%
Salaries & Benefits
8%
Fees to Service Providers
2%
Offices, Occupancy & IT
1%
Depreciation
<1%
Benefits to Members
0%
Advertising & Promotion
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$2,444,684
$914,005
-63%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$34,290
$17,087
-50%
Other
$0
$39,866
-
Total Revenues
$2,478,974
$970,958
-61%
Expenses
2023
2024
Change
Grants
$0
$439,072
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$1,770,707
$245,273
-86%
Fees to Service Providers
$60,235
$48,716
-19%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$19,446
$45,252
+133%
Interest
$8,830
$0
-100%
Depreciation
$171,134
$25,682
-85%
Other
$1,702,038
$2,236,352
+31%
Total Expenses
$3,732,390
$3,040,347
-19%
Net income
2023
2024
Change
Net income
-$1,253,416
-$2,069,389
-65%
Functional Expenses
Summary
2023
2024
Change
Program
$2,292,579
$2,094,468
-9%
Admin
$1,164,165
$530,998
-54%
Fundraising
$275,646
$414,881
+51%
Total Expenses
$3,732,390
$3,040,347
-19%
Income Statement
