Nonprofit screen
Screen a listMemphis Equity Through Arts Inc
Can you give?
Listed with the IRS. Every screen came back clear.
A 501(c)(3) on Publication 78 and the IRS master file.
- IRS nonprofit listing
- No issue
- Revocation
- None
- IRS files
- Agree
- Sanctions
- No match
- IRS bulletin
- No notice
- California
- No record
- Charity type
- 509(a)(1)
$971krevenue
FY2024 · −86% in 3 yrs21staff
8 of 8years filed
’17’18’19’20’21’22’23’24
Revenue and spendingRevenueSpendingDeficit
Against similar nonprofits FY2024
Operating margin−213.1%
Months of reserve2.1mo
Revenue growth (annualized)−20.3%
Middle half of peersMedianMemphis Equity Through Arts
Where the money goes FY2024 · $3.0M spent
Programs$2.1M69%Management and general$531k17%Fundraising$415k14%990 FY2024 · Part IX line 25
Worth checking1
Deficits in 3 of the last 3 years
−$1.3M in FY2022, −$1.3M in FY2023 and −$2.1M in FY2024. Cash covers 2.1 months, under the peer median of 5.4.
990 Part I and balance sheetIn its favor2
Strong governance
8 of 8 board members independent. Conflict-of-interest and whistleblower policies, audited financial statements, board reviews the 990.
990 Part VIFunders stay
4 of the 6 funders that gave before FY2021 are still giving.
Funders’ 990-PF grant lists19funders
$3.6Ma year, last 3 years
46%from its largest funder
Funder’19’20’21’22’23The Elma Music Foundation (Us)Every year since FY2019$126k$181k$210k$125k$125kThe Lewis Prize Foundation IncOn and off$50k$5k$500kArtsmemphisBack in FY2023$485kJr Hyde III Family FoundationSince FY2020$100k$100k$100k$104kNational Basketball Association FoundationSince FY2022$200k$200kThe Urban Child InstituteOn and off$60kDonor-advised giftsDonors not disclosed$3.7M$3.4M$6.4M$1.6M$710k7 other fundersUp to $30k a year each$28k$3k$55k$35k
FundedThrough a donor-advised fund