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Tennessee · Nonprofit

MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC

MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC (Tennessee) receives grants from 7 organizations whose IRS filings report $38,070 to it, the largest being SOUTHERN HEALTH PLAN INC ($14,500). 1 of them have funded it in more than one year.

Revenue FY2025
$2.4M
Funders on record
7
Grants received
$38k
Net assets
$582k
1/7 repeat funderspeak grant-dependency 2%
01What it does

What Memphis in May International Festival Inc does

Mission

Organized for the purpose of providing and supporting recreational, educational, social and cultural events and activities, for the celebration of the city of memphis, people of memphis, and the people of other cultures and countries of the world by introducing memphis to the world and the world to memphis through these annual events and activities that honor a selected country of the world.

As stated on its FY2025 Form 990.

Program

  1. Providing and supporting events and activities for the beale street music festival (bsmf); providing and supporting events and activities for the world championship barbeque cooking contest (wcbcc); providing and supporting events and activities for the shelby county celebration (sc) and the great american river run (garr); providing and supporting international and diplomat events and activities that honor the selected country (intl)and education activities (ed), including year long support for the bsmf, wcbcc, garr, intl, education and volunteer events and activities.

    $2,527,920 spent$1,111,215 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,527,920.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($9.5M) Expenses 100 ($9.4M) Net assets 100 ($2.8M)2018 Revenue 111 ($10M) Expenses 107 ($10M) Net assets 116 ($3.3M)2019 Revenue 125 ($12M) Expenses 119 ($11M) Net assets 137 ($3.8M)2020 Revenue 8 ($757k) Expenses 27 ($2.6M) Net assets 75 ($2.1M)2021 Revenue 24 ($2.3M) Expenses 26 ($2.5M) Net assets 74 ($2.1M)2022 Revenue 175 ($17M) Expenses 136 ($13M) Net assets 191 ($5.4M)2023 Revenue 87 ($8.3M) Expenses 124 ($12M) Net assets 69 ($1.9M)2024 Revenue 26 ($2.5M) Expenses 34 ($3.2M) Net assets 44 ($1.2M)2025 Revenue 25 ($2.4M) Expenses 32 ($3.0M) Net assets 21 ($582k)
'17'18'19'20'21'22'23'24'25
Revenue (25)Expenses (32)Net assets (21)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $5.4M to $1.6M (−70%).

$4.4M
$4.4M
$4.8M
$5.0M
$4.7M
$6.3M
$5.4M
$1.6M
$818k
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2022 38%. Grants only. Government contracts and fees sit inside program revenue.

53% of MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 9 reported years ran a deficit.

$53k
’17
$440k
’18
$596k
’19
−$1.8M
’20
−$218k
’21
$3.8M
’22
−$3.4M
’23
−$716k
’24
−$654k
’25
1.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Mack Weaver

CEO & president

Board chair

Al Gossett

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

'17'18'19'20'21'22'23'24'25
Listed252625222222222325
Joined·+7+6+8+8+1+4+9+2
No longer listed·671181480
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income fell $15k → $1k.

Left out of every figure on this page: $31k from 2 payers (the payer shares this organization's board, largest Community Foundation of Greater Memphis Inc). These are real filings, and they are not money MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC raised.

From the IRS filings of MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC leans on a few funders — its largest provides 38% of grant income and the top three 83%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC.

38%
largest funder
83%
top three
~4
effective funders

Largest funder’s share by year: 2017 100% · 2019 69% · 2020 78% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

85% of MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC's grant income comes from Tennessee funders.

MO
DE
TN
NC

In-state vs out-of-state, by year

’17
’19
’20
’23
Tennessee out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC's revenue fell 75% between 2017 and 2025.

Operating margin−27% · bottom quartile
Months of reserve1.1mo · bottom quartile
Revenue growth (annualized)−16% · bottom quartile

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Organizations like MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

83% of spending goes to programs.

Program 83%Management 17%Fundraising 0%

Governance

21
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

92%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

TN

Screen this organization

A dated, signed PDF of the compliance screen for MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC?
MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC (Tennessee) receives grants from 7 organizations whose IRS filings report $38,070 to it, the largest being SOUTHERN HEALTH PLAN INC ($14,500). 1 of them have funded it in more than one year.
How many funders does MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC have?
IRS filings report 7 organizations giving $38,070 in grants to MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC, 1 of which have funded it in more than one year.
Who is the largest funder of MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC?
SOUTHERN HEALTH PLAN INC is the largest funder on record, with $14,500 in grants. The full list of funders is on this page.
How can an organization like MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Memphis in May International Festival →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing