SOULSVILLE: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: SOULSVILLE (EIN 62-1719414)
Tax period: 2022-07-01 to 2023-06-30
Filed: 2023-12-20
IRS object ID: 202313549349300921
Schema version: 2022v5.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule J
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-12-20T14:07:31-06:00	ReturnTs
Tax Period End	2023-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	621804252	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	WATKINS UIBERALL PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1661 AARON BRENNER DR STE 300	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38120	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2022-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	621719414	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	SOULSVILLE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	SOUL	BusinessNameControlTxt
Phone	9019462535	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	926 E MCLEMORE AVE	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38106	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ELIZABETH MONTGOMERY	PersonNm
Person Title	CFO	PersonTitleTxt
Phone	9019462535	PhoneNum
Signature	2023-12-18	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	ELIZABETH	PersonFirstNm
Person Last	MONTGOMERY	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	BRYAN D GRISSOM JR	PreparerPersonNm
PTIN	P01750233	PTIN
Phone	9017612720	PhoneNum
Preparation	2023-12-12	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ELIZABETH MONTGOMERY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	926 E MCLEMORE AVE	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38106	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$4,680,172	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.SOULSVILLEFOUNDATION.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1997	FormationYr
Legal Domicile State	TN	LegalDomicileStateCd
Activity Or Mission	THE SOULSVILLE FOUNDATION PERPETUATES THE SOUL OF STAX RECORDS BY PRESERVING ITS RICH CULTURAL LEGACY, EDUCATING YOUTH TO BE PREPARED FOR LIFE SUCCESS, AND INSPIRING FUTURE ARTISTS TO ACHIEVE THEIR DREAMS.	ActivityOrMissionDesc
Voting Members Governing Body	14	VotingMembersGoverningBodyCnt
Voting Members Independent	14	VotingMembersIndependentCnt
Total Employee	64	TotalEmployeeCnt
Total Volunteers	100	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$1,704,329	PYContributionsGrantsAmt
CY Contributions Grants	$2,552,737	CYContributionsGrantsAmt
PY Program Service Revenue	$851,412	PYProgramServiceRevenueAmt
CY Program Service Revenue	$1,441,409	CYProgramServiceRevenueAmt
PY Investment Income	-$22,580	PYInvestmentIncomeAmt
CY Investment Income	-$82,465	CYInvestmentIncomeAmt
PY Other Revenue	$266,101	PYOtherRevenueAmt
CY Other Revenue	$275,590	CYOtherRevenueAmt
PY Total Revenue	$2,799,262	PYTotalRevenueAmt
CY Total Revenue	$4,187,271	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$1,805,587	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$2,225,558	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$229,201	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,809,792	PYOtherExpensesAmt
CY Other Expenses	$2,051,425	CYOtherExpensesAmt
PY Total Expenses	$3,615,379	PYTotalExpensesAmt
CY Total Expenses	$4,276,983	CYTotalExpensesAmt
PY Revenues Less Expenses	-$816,117	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$89,712	CYRevenuesLessExpensesAmt
Total Assets BOY	$8,767,759	TotalAssetsBOYAmt
Total Assets EOY	$9,084,384	TotalAssetsEOYAmt
Total Liabilities BOY	$308,755	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$348,467	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$8,459,004	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$8,735,917	NetAssetsOrFundBalancesEOYAmt
Mission	THE SOULSVILLE FOUNDATION PERPETUATES THE SOUL OF STAX RECORDS BY PRESERVING ITS RICH CULTURAL LEGACY, EDUCATING YOUTH TO BE PREPARED FOR LIFE SUCCESS, AND INSPIRING FUTURE ARTISTS TO ACHIEVE THEIR DREAMS.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$888,396	ExpenseAmt
Revenue	$166,534	RevenueAmt
Desc	OPERATION OF STAX MUSEUM TO ENHANCE THE PRESERVATION AND STUDY OF MUSIC.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$1,563,024	ExpenseAmt
Revenue	$781,974	RevenueAmt
Desc	TO HELP URBAN YOUTH, PRIMARILY AT RISK, TO DISCOVER AND DEVELOP THEIR MUSICAL TALENTS, IMPROVE THEIR LIFE CHANCES AND ENCOURAGE ACADEMIC EXCELLENCE.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$662,910	ExpenseAmt
Revenue	$669,262	RevenueAmt
Desc	OPERATION OF GIFT SHOP IN CONJUNCTION WITH STAX MUSEUM.	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$3,114,330	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	Yes (1)	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	75	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	64	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	14	GoverningBodyVotingMembersCnt
Independent Voting Member	14	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	0	MembersOrStockholdersInd
Election Of Board Members	0	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	0	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (1)	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	TN	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	WHITEHORN TANKERSLEY & DAVIS PLLC	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	9017675080	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	670 OAKLEAF OFFICE LANE	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38117	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (18 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd
JAMES MACLIN
CHAIRMAN	1.00	Yes (X)	Yes (X)	$0	$0	$0
MEKA EGWUEKWE
SECRETARY	1.00	Yes (X)	Yes (X)	$0	$0	$0
STEVE GUINN
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
TOM MARINO
EXECUTIVE COMMITTEE	1.00	Yes (X)	Yes (X)	$0	$0	$0
BEVERLY ROBERTSON
EXECUTIVE COMMITTEE	1.00	Yes (X)	Yes (X)	$0	$0	$0
KIRBY DOCKERY
DIRECTOR	1.00	Yes (X)		$0	$0	$0
THOMAS GRIMES
DIRECTOR	1.00	Yes (X)		$0	$0	$0
JOHN KREMER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
SEAN NORRIS
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ALEXANDRIA SMITH
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MICHELE SMITH
DIRECTOR	1.00	Yes (X)		$0	$0	$0
ALEX TURLEY
DIRECTOR	1.00	Yes (X)		$0	$0	$0
MAY WALKER
DIRECTOR	1.00	Yes (X)		$0	$0	$0
COURTNEY WEINSTEIN
DIRECTOR	1.00	Yes (X)		$0	$0	$0
RICHARD GREENWALD
PRESIDENT/CEO	40.00		Yes (X)	$222,762	$0	$18,188
JEFFREY KOLLATH
STAX MUSEUM EXECUTIVE	40.00			$124,049	$0	$20,899	Yes (X)
ELIZABETH MONTGOMERY
STAX MUSEUM EXECUTIVE	40.00			$116,198	$0	$15,594	Yes (X)
BETISE MITCHELL WORLEY
STAX MUSEUM EXECUTIVE	40.00			$154,146	$0	$20,899	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$617,155	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$75,580	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	4	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
TOP NOTCH SECURITY INC
3121 DIRECTORS ROW 101	MEMPHIS	TN	38131	SECURITY SERVICES	$269,999
NICKSON GENERAL CONTRACTORS INC
3686 SUMMER AVE	MEMPHIS	TN	38122	CONTRACTOR SERVICES	$213,943
FAYETTE JANITORIAL SERVICE LLC
7120 TN-76	SOMMERVILLE	TN	38068	CLEANING SERVICES	$179,155
MLGW
245 S MAIN ST	MEMPHIS	TN	38103	UTILITY SERVICES	$161,051
VC3 INC
1301 GERVIAS STREET STE 1800	COLUMBIA	SC	29201	COMPUTER SERVICES	$153,287

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	5	CntrctRcvdGreaterThan100KCnt
All Other Contributions	$2,552,737	AllOtherContributionsAmt
Noncash Contributions	$2,800	NoncashContributionsAmt
Total Contributions	$2,552,737	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMISSIONS AND MEMBERS	713990	$585,883	$585,883
SPONSORSHIPS/PARTNERSH	713990	$570,460	$570,460
PROGRAM INCOME	713990	$211,514	$211,514
OTHER REVENUE	713990	$73,552	$73,552

Field	Value	IRS element (for citing)
Total Program Service Revenue	$1,441,409	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$16,764	TotalRevenueColumnAmt
Exclusion	$16,764	ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$99,229	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$99,229	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$99,229	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$99,229	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$669,262	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$393,672	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$275,590	TotalRevenueColumnAmt
Related Or Exempt Func Income	$275,590	RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$4,187,271	TotalRevenueColumnAmt
Related Or Exempt Func Income	$1,617,770	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$16,764	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$240,950	TotalAmt
Program Services	$166,577	ProgramServicesAmt
Management And General	$47,160	ManagementAndGeneralAmt
Fundraising	$27,213	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$1,652,306	TotalAmt
Program Services	$1,142,295	ProgramServicesAmt
Management And General	$323,396	ManagementAndGeneralAmt
Fundraising	$186,615	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$195,568	TotalAmt
Program Services	$129,054	ProgramServicesAmt
Management And General	$66,514	ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$136,734	TotalAmt
Program Services	$96,398	ProgramServicesAmt
Management And General	$24,963	ManagementAndGeneralAmt
Fundraising	$15,373	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$111,488	TotalAmt
Program Services	$48,005	ProgramServicesAmt
Management And General	$63,483	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$195,127	TotalAmt
Program Services	$178,048	ProgramServicesAmt
Management And General	$17,079	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$224,344	TotalAmt
Program Services	$71,910	ProgramServicesAmt
Management And General	$152,434	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$57,035	TotalAmt
Program Services	$49,371	ProgramServicesAmt
Management And General	$7,664	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$42,661	TotalAmt
Program Services	$34,035	ProgramServicesAmt
Management And General	$8,626	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$82,411	TotalAmt
Program Services	$47,671	ProgramServicesAmt
Management And General	$34,740	ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$10,087	TotalAmt
Program Services	$3,498	ProgramServicesAmt
Management And General	$6,589	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$548,468	TotalAmt
Program Services	$492,399	ProgramServicesAmt
Management And General	$56,069	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$70,760	TotalAmt
Program Services	$54,173	ProgramServicesAmt
Management And General	$16,587	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
REPAIRS AND MAINTENANCE	$167,279	$155,558	$11,721
JANITORIAL AND GROUNDS	$104,639	$83,390	$21,249
UTILITIES	$103,784	$98,070	$5,714
PERFORMANCE/EXHIBITS	$96,652	$96,652

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$236,690	TotalAmt
Program Services	$167,226	ProgramServicesAmt
Management And General	$69,464	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$4,276,983	TotalAmt
Program Services	$3,114,330	ProgramServicesAmt
Management And General	$933,452	ManagementAndGeneralAmt
Fundraising	$229,201	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,681,670	BOYAmt
EOY	$1,126,711	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$446,505	BOYAmt
EOY	$786,740	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$222,116	BOYAmt
EOY	$88,187	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$103,103	BOYAmt
EOY	$139,433	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$22,958	BOYAmt
EOY	$19,210	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$15,246,221	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$9,411,051	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$5,976,914	BOYAmt
EOY	$5,835,170	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$80,731	BOYAmt
EOY	$961,229	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$233,762	BOYAmt
EOY	$127,704	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$8,767,759	BOYAmt
EOY	$9,084,384	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$308,755	BOYAmt
EOY	$348,467	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$308,755	BOYAmt
EOY	$348,467	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$8,065,972	BOYAmt
EOY	$7,985,143	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$393,032	BOYAmt
EOY	$750,774	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$8,459,004	BOYAmt
EOY	$8,735,917	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$8,767,759	BOYAmt
EOY	$9,084,384	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	-$89,712	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$8,883	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$357,742	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,483,971	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,509,126	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,845,174	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,704,329	CurrentTaxYearMinus1YearAmt
Current Tax Year	$2,552,737	CurrentTaxYearAmt
Total	$10,095,337	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,350,627	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$904,387	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$832,024	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$1,354,936	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,886,402	CurrentTaxYearAmt
Total	$6,328,376	TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$108,176	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$150,161	CurrentTaxYearMinus3YearsAmt
Total	$258,337	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,942,774	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,563,674	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,677,198	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,059,265	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,439,139	CurrentTaxYearAmt
Total	$16,682,050	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$16,682,050	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	-$3,352	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,172	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$82,969	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,604	CurrentTaxYearMinus1YearAmt
Current Tax Year	$16,764	CurrentTaxYearAmt
Total	$101,157	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	-$3,352	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,172	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$82,969	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,604	CurrentTaxYearMinus1YearAmt
Current Tax Year	$16,764	CurrentTaxYearAmt
Total	$101,157	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$128,963	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$97,600	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$149,604	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$66,337	CurrentTaxYearMinus1YearAmt
Current Tax Year	$224,269	CurrentTaxYearAmt
Total	$666,773	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,068,385	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,663,446	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,909,771	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,128,206	CurrentTaxYearMinus1YearAmt
Current Tax Year	$4,680,172	CurrentTaxYearAmt
Total	$17,449,980	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.95600	PublicSupportCY509Pct
Public Support PY509	0.95750	PublicSupportPY509Pct
Investment Income CY	0.00580	InvestmentIncomeCYPct
Investment Income PY	0.00590	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$756,677	OtherCostOrOtherBasisAmt
Book Value	$756,677	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,091,714	OtherCostOrOtherBasisAmt
Depreciation	$7,229,324	DepreciationAmt
Book Value	$3,862,390	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,368,858	OtherCostOrOtherBasisAmt
Depreciation	$732,483	DepreciationAmt
Book Value	$636,375	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,028,972	OtherCostOrOtherBasisAmt
Depreciation	$1,449,244	DepreciationAmt
Book Value	$579,728	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$5,835,170	TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt	$5,174,130	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$8,883	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$127,333	DonatedServicesAndUseFcltsAmt
Other Revenue	$357,742	OtherRevenueAmt
Revenue Not Reported	$493,958	RevenueNotReportedAmt
Revenue Subtotal	$4,680,172	RevenueSubtotalAmt
Other Revenues Not Included	-$492,901	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$492,901	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$4,187,271	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$4,897,217	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$127,333	DonatedServicesUseFcltsAmt
Other Expenses Included	$492,901	OtherExpensesIncludedAmt
Expenses Not Reported	$620,234	ExpensesNotReportedAmt
Expenses Subtotal	$4,276,983	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$4,276,983	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART XI, LINE 2D - OTHER ADJUSTMENTS:	NET ASSETS RELEASED FROM RESTRICTION -172,726. RESTRICTED NET ASSETS 530,468.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	COST OF GOODS SOLD -393,672. LOSS ON SALE OF ASSETS -99,229.
PART XII, LINE 2D - OTHER ADJUSTMENTS:	COST OF GOODS SOLD 393,672. LOSS ON SALE OF ASSETS 99,229.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Severance Payment	0	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	0	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	0	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	0	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	0	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	0	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	0	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
RICHARD GREENWALD
PRESIDENT/CEO	$222,762	$0	$0	$0	$0	$0	$0	$0	$18,188	$0	$240,950	$0	$0	$0
BETISE MITCHELL WORLEY
STAX MUSEUM EXECUTIVE	$154,146	$0	$0	$0	$0	$0	$0	$0	$20,899	$0	$175,045	$0	$0	$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11B	THE 990 WILL BE REVIEWED WITH THE FINANCE COMMITTEE, CEO, AND CFO BEFORE BEING FILED.
FORM 990, PART VI, SECTION C, LINE 19	AVAILABLE UPON REQUEST
FORM 990, PART XI, LINE 9:	NET ASSETS RELEASED FROM RESTRICTION -172,726. RESTRICTED NET ASSETS 530,468.
PART XII, LINE 2C	THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	SOULSVILE CHARTER SCHOOL LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	910 E MCLEMORE AVENUE	AddressLine1Txt
City	MEMPHIS	CityNm
State Abbreviation	TN	StateAbbreviationCd
ZIP	38106	ZIPCd

Field	Value	IRS element (for citing)
EIN	201861028	EIN
Primary Activities	OFFER RIGOROUS ACADEMICS IN A MUSIC AND ARTS RICH LEARNING ENVIRONMENT	PrimaryActivitiesTxt
Legal Domicile State	TN	LegalDomicileStateCd
Exempt Code Section	501(C)(3)	ExemptCodeSectionTxt
Public Charity Status	EDUCATION	PublicCharityStatusTxt
Controlled Organization	0	ControlledOrganizationInd

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	0	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	0	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	0	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	Yes (1)	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	0	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	0	DivRelatedOrganizationInd
Asset Sale To Other Org	0	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	0	AssetPurchaseFromOtherOrgInd
Asset Exchange	0	AssetExchangeInd
Rental Of Facilities To Oth Org	0	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	0	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	0	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	0	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (1)	SharingOfFacilitiesInd
Paid Employees Sharing	0	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	0	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	0	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	0	TransferToOtherOrgInd
Transfer From Other Org	0	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt
SOULSVILLE CHARTER SCHOOL LLC
D	$26,486
SOULSVILLE CHARTER SCHOOL LLC
N	$96,000