2021-05-17T12:58:50-05:00 2020-06-30 261180446 THE MARSTON GROUP PLC 1661 INTERNATIONAL DRIVE SUITE 250 MEMPHIS TN 38120 990 2019-07-01 620693547 ARTSMEMPHIS ARTS 9015782787 575 S MENDENHALL ROAD MEMPHIS TN 38117 ELLEN LESTER CFO 9015782787 2021-05-14 1 SUSAN M LATTIMORE P00834343 9017613003 2021-05-14 2019 2022-09-23 18:48:47Z ELLEN LESTER 575 S MENDENHALL ROAD MEMPHIS TN 38117 1668752 0 X WWW.ARTSMEMPHIS.ORG X 1962 TN SUSTAINING MEMPHIS' WORLD-RENOWNED CULTURAL VITALITY AND STRENGTHENING LOCAL COMMUNITIES 30 30 10 146 0 0 1584068 1302342 0 0 377109 23788 503869 34902 2465046 1361032 1565251 1785755 0 0 565801 599932 0 0 405440 403043 355971 2534095 2741658 -69049 -1380626 19575424 17554417 5502072 5330449 14073352 12223968 X SUSTAINING MEMPHIS' WORLD-RENOWNED CULTURAL VITALITY AND STRENGTHENING LOCAL COMMUNITIES THROUGH THE ARTS. 0 0 221748 202000 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. 1470587 1340000 OPERATING SUPPORT GRANTS: ARTSMEMPHIS, THROUGH THIS GROWING, 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. 32962 30000 ARTS ACCELERATOR GRANTS: THESE GRANTS ARE INCENTIVE GRANTS FOR VISUAL ARTISTS INTENDED TO DEEPEN AND EXPAND ARTISTIC WORK TO ADVANCE THE GRANT RECIPIENT'S ARTISTIS ACCOMPLISHMENTS. 75420 68755 TECHNOLOGY GRANTS: FUNDED BY THE JENIAM FOUNDATION, THESE GRANTS PROVIDED EMERGENCY FUNDS FOR TECHNOLOGY NEEDS RELATED TO COVID-19, OR TO DELIVER AN INNOVATIVE PLAN FOR OPERATING AND PERFORMING VIRTUALLY. 159071 145000 ARTIST EMERGENCY FUND: ARTSMEMPHIS, THROUGH THE CARES FUNDING ACT, PROVIDED GRANTS TO INDIVIDUAL ARTISTS OF ALL DISCIPLINES AND EMPLOYEES LAID OFF OR FURLOUGHED BY MEMPHIS-BASED NONPROFIT ARTS AND CULTURE ORGANIZATIONS DURING THE COVID-19 PANDEMIC. 72823 745752 PROJECT GRANTS: THESE GRANTS ARE GIVEN TO GRANTEES FOR SPECIFIC PROJECTS EXECUTED BY THE GRANTEES. THESE GRANTS INCLUDE:ARTSFIRST - (FUNDED BY FIRST TENNESSEE 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. 307314 959507 2032611 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 10 1 0 0 0 0 0 0 0 0 0 0 X 30 30 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X X ELLEN LESTER 9015782787 575 S MENDENHALL MEMPHIS TN 38117 PAT DANEHY CHAIR, BOARD OF DIRECTORS 0.00 X X 0 0 0 KATHY GALE UHLHORN VICE-CHAIR, BOARD OF DIRECTORS 0.00 X X 0 0 0 GREG BAUDOIN MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 GREG FLETCHER MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 TROW GILLESPIE MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 BRUCE B HOPKINS MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 LUCY LEE PAST CHAIR, BOARD OF DIRECTORS 0.00 X 0 0 0 GRETCHEN MCLENNON SECRETARY, BOARD OF DIRECTORS 0.00 X X 0 0 0 JON MOOREHEAD TREASURER, BOARD OF DIRECTORS 0.00 X X 0 0 0 DR RUSS WIGGINTON MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 GARY WUNDERLICH ENDOWMENT CHAIR, BOARD OF DIRECTORS 0.00 X 0 0 0 OSCAR ADAMS MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 BO ALLEN MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 C DAVID BIGGERS JR MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 MIKE CAMPARNARO MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 KATE CONNELL MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 BOB CRADDOCK MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 JON ERNST MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 MARY HOPKINS MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 REGINALD R PAIGE SR MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 ASHLEY PATTERSON MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 RON WALTER MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 TERRI BROWNE MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 MICHAEL DRAKE MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 MARTIN HAND MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 WHITNEY HARDY MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 JUANITA ORTIZ MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 BILL CARKEET JR MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 MAYSEY CRADDOCK MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 WILTON D CHICK HILL MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 ELLEN LESTER CHIEF FINANCIAL OFFICER 30.00 X 92500 0 0 ELIZABETH ROUSE PRESIDENT & CHIEF EXECUTIVE OFFICER 40.00 X 150800 0 0 TRACY LAURITZEN WRIGHT CHIEF OPERATING OFFICER 40.00 X 96500 0 0 339800 0 0 1 0 1 0 0 238629 1063713 1302342 48756 48756 274165 299133 -24968 -24968 -24968 35801 8587 27214 27214 BOOK REVENUE 900099 7688 7688 7688 1361032 0 0 58690 1610755 1610755 175000 175000 339800 88790 110197 140813 192615 50330 62465 79820 14911 3896 4836 6179 13731 3588 4453 5690 38875 10158 12607 16110 19392 19392 13380 13380 8611 2250 2793 3568 76863 20084 24927 31852 3502 3502 6712 6712 21833 5705 7080 9048 7931 2072 2572 3287 DEVELOPMENT SUPPORT 38773 38773 ADVOCACY FOR ART GROUPS 38263 38263 EQUIPMENT MAINTENANCE 21950 5736 7118 9096 PRINTING 15673 15673 83088 15984 21573 45531 2741658 2032611 303607 405440 232607 209631 591584 175413 6866 7340 15128 13265 454907 407671 9271 47236 18719968 17101532 19575424 17554417 41166 35416 193500 245125 10300 24500 250976 420065 5006130 4605343 5502072 5330449 X 2184800 1336331 11888552 10887637 14073352 12223968 19575424 17554417 -1380626 -504534 35776 0 X X 0 1 X 1 0 X 2140648 1480641 1306631 1584068 1107492 7619480 2140648 1480641 1306631 1584068 1107492 7619480 1664163 5955317 63615 48474 55691 65138 48756 281674 7901154 0.75370 0.86090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 18719968 -657937 640333 320166 17101532 19504261 176674 640645 320322 18719968 18856801 1630271 658483 324328 19504261 17778724 2099189 684145 336967 18856801 20258088 -995888 993929 489547 17778724 0.10000 0.63000 0.27000 0 0 210462 209053 1409 244445 198618 45827 0 47236 OTHER SECURITIES 17101532 F 17101532 ASSETS HELD FOR OTHER ORGANIZATIONS 4562925 CAPITAL LEASE OBLIGATION 42418 4605343 X 900862 -504534 35777 8587 -460170 1361032 0 1361032 2750246 8587 8587 2741659 0 2741659 PART X, LINE 2: CONTENTS OF FOOTNOTE TO AUDITED FINANCIAL STATEMENTS: THE INTERNAL REVENUE SERVICE HAS RULED THAT THE ORGANIZATION QUALIFIES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS, THEREFORE, NOT SUBJECT TO FEDERAL INCOME TAX UNDER PRESENT INCOME TAX LAWS. IN ACCORDANCE WITH U.S. GAAP, IF APPLICABLE, THE ORGANIZATION RECOGNIZES INTEREST EXPENSE AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN OPERATING EXPENSE. NO AMOUNTS HAVE BEEN RECOGNIZED IN EXPENSES FOR THE YEARS ENDED JUNE 30, 2020 AND 2019. INFORMATIONAL TAX RETURNS FOR 2016 AND SUBSEQUENT YEARS ARE SUBJECT TO EXAMINATIONS BY TAX AUTHORITIES. PART XI, LINE 2D - OTHER ADJUSTMENTS: RECON. ITEM RELATED TO ANNUAL FUNDRAISER THAT DIRECTLY SUPPORT ARTS ORGS. PART XII, LINE 2D - OTHER ADJUSTMENTS: RECON. ITEM RELATED TO ANNUAL FUNDRAISER THAT DIRECTLY SUPPORT ARTS ORGS. CONSERVATION THROUGH ART 35801 35801 8587 1 35801 35801 8587 8587 27214 1 ANGEL STREET PO BOX 93 CORDOVA TN 38088 812072853 501(C)(3) 10500 OPERATING SUPPORT BALLET MEMPHIS 2144 MADISON AVE MEMPHIS TN 38104 621018942 501(C)(3) 105000 OPERATING SUPPORT & TECH SUPPORT BEALE STREET CARAVAN 1350 CONCOURSE AVENUE SUITE 280 MEMPHIS TN 38103 621831745 501(C)(3) 7500 OPERATING SUPPORT BLUES CITY CULTURAL CENTER 1254 EAST SHELBY DRIVE SUITE 1227 MEMPHIS TN 38116 581396725 501(C)(3) 6000 OPERATING SUPPORT CARPENTER ART GARDEN 295 CARPENTER STREET MEMPHIS TN 38112 822322015 501(C)(3) 20000 OPERATING SUPPORT COLLAGE DANCE COLLECTIVE 505 TILLMAN STREET SUITE 102 MEMPHIS TN 38112 205888512 501(C)(3) 153000 OPERATING SUPPORT & ENHANCEMENT CREATIVE AGING MEMPHIS 2029 PEABODY AVENUE MEMPHIS TN 38104 270070615 501(C)(3) 12500 OPERATING SUPPORT CROSSTOWN ARTS 1350 CONCOURSE AVENUE SUITE 280 MEMPHIS TN 38104 271876711 501(C)(3) 14950 OPERATING SUPPORT FRIENDS OF THE LEVITT PAVILLION 1928 POPLAR AVE MEMPHIS TN 38104 743145100 501(C)(3) 20000 OPERATING SUPPORT GERMANTOWN COMMUNITY THEATRE 3037 FOREST HILL IRENE RD GERMANTOWN TN 38138 620903617 501(C)(3) 9000 OPERATING SUPPORT GERMANTOWN PERFORMING ARTS CENTER 1801 EXETER RD GERMANTOWN TN 38138 581652763 501(C)(3) 22500 OPERATING SUPPORT HATTILOO THEATRE 656 MARSHALL MEMPHIS TN 38103 204225394 501(C)(3) 38225 OPERATING SUPPORT & TECH SUPPORT INDIE MEMPHIS 1910 MADISON AVENUE MEMPHIS TN 38104 262165160 501(C)(3) 32000 OPERATING SUPPORT & TECH SUPPORT IRIS ORCHESTRA 1801 EXETER RD MEMPHIS TN 38138 204091251 501(C)(3) 28000 OPERATING SUPPORT MEMPHIS BLACK ARTS ALLIANCE 985 S BELLEVUE BLVD MEMPHIS TN 38106 581605133 501(C)(3) 7000 OPERATING SUPPORT MEMPHIS BROOKS MUSEUM OF ART 1934 POPLAR AVENUE MEMPHIS TN 38104 626063304 501(C)(3) 197500 OPERATING SUPPORT & ENHANCEMENT MEMPHIS ROCK 'N' SOUL MUSEUEM 191 BEALE STREET MEMPHIS TN 38103 621632202 501(C)(3) 11000 OPERATING SUPPORT & TECH SUPPORT MEMPHIS SYMPHONY ORCHESTRA 610 GOODMAN STREET MEMPHIS TN 38152 626015885 501(C)(3) 103500 OPERATING SUPPORT & TECH SUPPORT MUSIC EXPORT MEMPHIS 56 S FRONT STREET 3RD FLOOR MEMPHIS TN 38103 822214830 501(C)(3) 5500 OPERATING SUPPORT NATIONAL ORNAMENTAL METAL MUSEUM 374 METAL MUSEUEM DRIVE MEMPHIS TN 38106 621066198 501(C)(3) 67200 OPERATING SUPPORT & TECH SUPPORT NEW BALLET ENSEMBLE AND SCHOOL 2157 YORK AVENUE MEMPHIS TN 38104 621866526 501(C)(3) 70000 OPERATING SUPPORT NEW DAY CHILDREN'S THEATRE INC 4670 MERCHANTS PARK CIRCLE SUITE 626 COLLIERVILLE TN 38017 743159525 501(C)(3) 6000 OPERATING SUPPORT OPERA MEMPHIS 6745 WOLF RIVER BLVD MEMPHIS TN 38120 620785544 501(C)(3) 121000 OPERATING SUPPORT & TECH SUPPORT ORPHEUM THEATRE GROUP 203 S MAIN ST MEMPHIS TN 38103 620983983 501(C)(3) 35000 OPERATING SUPPORT PLAYBACK MEMPHIS 1000 COOPER STREET MEMPHIS TN 38104 300527070 501(C)(3) 15000 OPERATING SUPPORT PLAYHOUSE ON THE SQUARE 51 S COOPER MEMPHIS TN 38103 237185772 501(C)(3) 135000 OPERATING SUPPORT, ENHANCEMENT, & TECH SUPPORT PRIZM ENSEMBLE PO BOX 171361 MEMPHIS TN 38187 453735871 501(C)(3) 9000 OPERATING SUPPORT SOULSVILLE FOUNDATION 926 E MCLEMORE MEMPHIS TN 38106 621719414 501(C)(3) 125000 OPERATING SUPPORT & TECH SUPPORT TENNESSEE SHAKESPEARE CO 7950 TRINITY RD CORDOVA TN 38018 262113887 501(C)(3) 30500 OPERATING SUPPORT THE BLUES FOUNDATION 421 SOUTH MAIN MEMPHIS TN 38103 621083757 501(C)(3) 20000 OPERATING SUPPORT THE CLTV (COLLECTIVE) 2234 LAMAR AVE MEMPHIS TN 38114 320460234 501(C)(3) 37000 OPERATING SUPPORT & ENHANCEMENT THEATRE MEMPHIS 630 PERKINS EXT MEMPHIS TN 38117 620418732 501(C)(3) 79500 OPERATING SUPPORT & TECH SUPPORT URBAN ART COMMISSION 422 N CLEVELAND ST MEMPHIS TN 38104 621791387 501(C)(3) 10000 OPERATING SUPPORT VOICES OF THE SOUTH PO BOX 11222 MEMPHIS TN 38111 311586900 501(C)(3) 8280 OPERATING SUPPORT 34 0 GRANTS TO SHELBY COUNTY VISUAL ARTISTS 30000 PART I, LINE 2: THE ORGANIZATION REQUIRES QUARTERLY NARRATIVE AND FINANCIAL REPORTS FROM THE GRANT RECIPIENTS. SOME GRANTS ARE PAID IN INSTALLMENTS AND PAYMENTS ARE WITHHELD IF THE REPORTING REQUIREMENTS HAVE NOT BEEN MET. X X X 0 0 0 0 0 0 0 0 0 ELIZABETH ROUSE PRESIDENT & CHIEF EXECUTIVE OFFICER 150800 0 0 0 0 0 0 0 0 0 150800 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED BY THE CEO AND CFO OF THE ORGANIZATION AND THE FINANCE COMMITTEE OF THE BOARD OF DIRECTORS PRIOR TO ITS FINALIZATION BY THE OUTSIDE ACCOUNTANT WHO PREPARES THE RETURN. ALL QUESTIONS ARE CLEARED BEFORE THE RETURN IS RELEASED. FORM 990, PART VI, SECTION B, LINE 12C THE CFO DISTRIBUTES THE CONFLICT OF INTEREST POLICY ANNUALLY TO ALL BOARD MEMBERS. ALL MEMBERS RETURN A SIGNED FORM TO THE CFO. ANY IDENTIFIED POTENTIAL CONFLICT IS INVESTIGATED. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF THE CEO IS VOTED ON AND APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPARABLE SALARY DATA IS OBTAINED FROM OTHER AGENCIES AND TRADE PUBLICATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON EITHER WRITTEN OR VERBAL REQUEST. FORM 990, PART XI, LINE 2(C) THE ENTITY MAINTAINS A FINANCE COMMITTEE THAT REVIEWS THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS WITH THE OUTSIDE AUDITOR BEFORE THEIR RELEASE. THIS POLICY IS CONSISTENT WITH PRIOR YEARS.