2019-05-15T11:50:00-05:00 2018-06-30 261180446 THE MARSTON GROUP PLC 1661 INTERNATIONAL DRIVE SUITE 250 MEMPHIS TN 38120 990 2017-07-01 620693547 ARTSMEMPHIS ARTS 9015782787 575 S MENDENHALL ROAD MEMPHIS TN 38117 ELLEN LESTER CFO 9015782787 2019-05-14 1 SUSAN M LATTIMORE P00834343 9017613003 2019-05-14 198.0.27.17 2019-05-14 13:18:30 CD P A7C3A2D0156244A06A7244C043F7241D57365AEA EC70AAADF58E174380A5664EF6CD7406A62F85CB 2017 2019-02-21 02:37:17Z ELLEN LESTER 575 S MENDENHALL ROAD MEMPHIS TN 38117 2751634 0 X WWW.ARTSMEMPHIS.ORG X 1962 TN SUSTAINING MEMPHIS' WORLD-RENOWNED CULTURAL VITALITY AND STRENGTHENING LOCAL COMMUNITIES 34 34 10 193 0 0 1480641 1306631 0 0 96922 255000 444169 147878 2021732 1709509 1561814 1395810 0 0 615264 586869 0 0 364202 566990 369869 2744068 2352548 -722336 -643039 19531792 20160440 5644136 5894871 13887656 14265569 X SUSTAINING MEMPHIS' WORLD-RENOWNED CULTURAL VITALITY AND STRENGTHENING LOCAL COMMUNITIES THROUGH THE ARTS. 0 0 171250 171250 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. 1189060 1189060 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. 35500 35500 OTHER PROGRAMS: ARTSMEMPHIS IS THE GO-TO AGENCY FOR THE ARTS IN SHELBY COUNTY AND SERVES AS A LIAISON FOR THE ARTS SECTOR WITH COMPANIES AND COMMUNITY INITIATIVES. AS ONE OF THE NATION'S LARGEST UNITED ARTS FUNDS, ARTSMEMPHIS OFFERS GRANT OPPORTUNITIES IN THE FORM OF PROJECT SUPPORT, CAPACITY BUILDING, TECHNOLOGY FUNDING, VISUAL ARTIST SUPPORT, AND PROFESSIONAL DEVELOPMENT SCHOLARSHIPS.WE SERVE AS A DESIGNATED AGENCY AND/OR ADMINISTRATOR FOR THE TENNESSEE ARTS COMMISSION, AUTOZONE, FIRST TENNESSEE FOUNDATION AND OTHERS. THROUGH OUR ARTSACCELERATOR GRANTS, VISUAL ARTISTS LIVING AND WORKING IN SHELBY COUNTY GAIN SUPPORT, WHICH DEEPENS AND EXPANDS THEIR ARTISTIC ACCOMPLISHMENTS. THIS PROGRAM CONTRIBUTES TO THE VITALITY OF OUR ARTISTIC COMMUNITY AND HELPS MEMPHIS ATTRACT AND RETAIN A VIBRANT CREATIVE CLASS.ARTSMEMPHIS FORMED THE ARTIST ADVISORY COUNCIL (AAC), A HIGHLY ENGAGED VOLUNTEER GROUP COMPRISING OF PROFESSIONAL ARTISTS, ART COLLECTORS, AND ART CURATORS, TO HELP GUIDE ARTSMEMPHIS IN MEETING THE NEEDS OF MEMPHIS' VISUAL ARTISTS THROUGH OUR GRANTS, AWARDS, AND OTHER ARTS RELATED INVESTMENTS.THANKS TO OUR ARTSACCESS PROGRAM, WE ARE A VEHICLE IN MAKING THE ARTS MORE ACCESSIBLE TO MARGINALIZED POPULATIONS. WE SERVE AS THE HUB TO PROVIDE FREE TICKETS TO PERFORMANCES AND EXHIBITIONS AT VENUES THROUGHOUT THE CITY FOR LOW-INCOME FAMILIES, ELIMINATING THE FINANCIAL BARRIER TO PARTICIPATE. FOR 2018/2019, WE DISTRIBUTED 3,000 ARTSACCESS CARDS AND BROCHURES TO VARIOUS DISTRIBUTION LOCATIONS AROUND SHELBY COUNTY. 233210 233210 1629020 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 31 0 10 1 0 0 0 0 0 0 0 0 X 34 34 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 OSCAR ADAMS MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 BO ALLEN MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 JENNIE ANDERSON MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 GREG BAUDOIN MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 C DAVID BIGGERS JR MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 BILL CARKEET JR 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 MAYSEY CRADDOCK MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 PAT DANEHY VICE-CHAIR, BOARD OF DIRECTORS 0.00 X X 0 0 0 MICHAEL DRAKE MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 JON ERNST 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 MARTIN HAND MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 WHITNEY HARDY MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 WILTON D CHICK HILL 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 CHAIR, BOARD OF DIRECTORS 0.00 X X 0 0 0 DR RUSS WIGGINTON MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 REGINALD R PAIGE SR MEMBER, 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 JUANITA ORTIZ 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 JIMMIE WILLIAMS MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 LR JALENAK JR MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 KATHY GALE UHLHORN MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 ANNE STOKES MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 GARY WUNDERLICH MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 JOHN PETTEY MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 PETER PETTIT MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 PITT HYDE MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 ELLEN LESTER CHIEF FINANCIAL OFFICER 30.00 X 88000 0 0 ELIZABETH ROUSE PRESIDENT & CHIEF EXECUTIVE OFFICER 40.00 X 145000 0 0 233000 0 0 1 0 0 0 0 87672 1218959 1306631 55691 55691 1186498 987189 199309 199309 199309 195305 54936 140369 140369 BOOK REVENUE 900099 7509 7509 7509 1709509 0 0 402878 1385810 1385810 10000 10000 517762 123072 205655 189035 18230 4333 7241 6656 11860 2819 4711 4330 39017 9274 15498 14245 18057 18057 3377 3377 7203 1712 2861 2630 83223 19782 33056 30385 6664 6664 4520 4333 187 6413 6413 41452 9853 16465 15134 10715 2547 4256 3912 DEVELOPMENT SUPPORT 58299 58299 ADVOCACY FOR ART GROUPS 43800 43800 PRINTING 12356 281 12075 BANK FEES 10317 10317 63473 16018 20141 27314 2352548 1629020 359326 364202 272313 175113 333555 440819 1849 6551 15940 7138 451724 425166 51334 26558 18856801 19504261 0 0 19531792 20160440 66915 168245 326760 102652 107375 163706 278301 5086755 5238298 5644136 5894871 X 1740196 1999263 2976316 3095162 9171144 9171144 13887656 14265569 19531792 20160440 -643039 938422 82530 0 X X 0 1 X 1 0 X 1419089 1865990 2140648 1480641 1306631 8212999 1419089 1865990 2140648 1480641 1306631 8212999 721944 7491055 173038 98981 63615 48474 55691 439799 8652798 0.86570 0.86830 X 0 18856801 1630271 658483 324328 19504261 17778724 2099189 684145 336967 18856801 20258088 -995888 993929 489547 17778724 21586182 535187 1248398 614883 20258088 20726468 400000 2838615 1635712 743189 21586182 0.37000 0.47000 0.16000 0 0 0 210462 206201 4261 241262 218965 22297 0 26558 OTHER SECURITIES 19504261 F 19504261 ASSETS HELD FOR OTHER ORGANIZATIONS 5225856 CAPITAL LEASE OBLIGATION 12442 5238298 X 2785397 938422 82530 54936 1075888 1709509 0 1709509 2407484 54936 54936 2352548 0 2352548 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, 2018 AND 2017. INFORMATIONAL TAX RETURNS FOR 2014 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. ARTBYDESIGN 195305 195305 56801 CONSERVATION THROUGH ART -1865 195305 195305 54936 54936 140369 1 BALLET MEMPHIS 2144 MADISON AVE MEMPHIS TN 38104 621018942 501(C)(3) 135000 OPERATING SUPPORT & ENHANCEMENT CREATIVE AGING MEMPHIS 2029 PEABODY AVENUE MEMPHIS TN 38104 270070615 501(C)(3) 7500 OPERATING SUPPORT NATIONAL ORNAMENTAL METAL MUSEUM 374 METAL MUSEUEM DRIVE MEMPHIS TN 38106 621066198 501(C)(3) 60000 OPERATING SUPPORT OPERA MEMPHIS 6745 WOLF RIVER BLVD MEMPHIS TN 38120 620785544 501(C)(3) 175000 OPERATING SUPPORT & ENHANCEMENT PLAYHOUSE ON THE SQUARE 51 S COOPER MEMPHIS TN 38103 237185772 501(C)(3) 100000 OPERATING SUPPORT THEATRE MEMPHIS 630 PERKINS EXT MEMPHIS TN 38117 620418732 501(C)(3) 90000 OPERATING SUPPORT SOULSVILLE FOUNDATION 926 E MCLEMORE MEMPHIS TN 38106 621719414 501(C)(3) 145000 OPERATING SUPPORT & ENHANCEMENT GERMANTOWN PERFORMING ARTS CENTER 1801 EXETER RD GERMANTOWN TN 38138 581652763 501(C)(3) 12000 OPERATING SUPPORT INDIE MEMPHIS 1910 MADISON AVENUE MEMPHIS TN 38104 262165160 501(C)(3) 33000 OPERATING SUPPORT & ENHANCEMENT MEMPHIS ROCK 'N' SOUL MUSEUEM 191 BEALE STREET MEMPHIS TN 38103 621632202 501(C)(3) 10000 OPERATING SUPPORT PLAYBACK MEMPHIS 1000 COOPER STREET MEMPHIS TN 38104 300527070 501(C)(3) 13750 OPERATING SUPPORT & ENHANCEMENT HATTILOO THEATRE 656 MARSHALL MEMPHIS TN 38103 204225394 501(C)(3) 50000 OPERATING SUPPORT & ENHANCEMENT MEMPHIS BROOKS MUSEUM OF ART 1934 POPLAR AVENUE MEMPHIS TN 38104 626063304 501(C)(3) 180000 OPERATING SUPPORT NEW BALLET ENSEMBLE AND SCHOOL 2157 YORK AVENUE MEMPHIS TN 38104 621866526 501(C)(3) 71000 OPERATING SUPPORT PRIZM ENSEMBLE PO BOX 171361 MEMPHIS TN 38187 453735871 501(C)(3) 5500 OPERATING SUPPORT BEALE STREET CARAVAN 88 UNION AVE 107 MEMPHIS TN 38103 621831745 501(C)(3) 18000 OPERATING SUPPORT MEMPHIS SYMPHONY ORCHESTRA 610 GOODMAN STREET MEMPHIS TN 38152 626015885 501(C)(3) 120000 OPERATING SUPPORT THE BLUES FOUNDATION 421 SOUTH MAIN MEMPHIS TN 38103 621083757 501(C)(3) 27000 OPERATING SUPPORT COLLAGE DANCE COLLECTIVE 2497 BROAD AVE MEMPHIS TN 38112 205888512 501(C)(3) 25500 OPERATING SUPPORT & ENHANCEMENT IRIS ORCHESTRA 1801 EXETER RD MEMPHIS TN 38138 204091251 501(C)(3) 6500 OPERATING SUPPORT FRIENDS OF THE LEVITT PAVILLION 1928 POPLAR AVE MEMPHIS TN 38104 743145100 501(C)(3) 15000 OPERATING SUPPORT ORPHEUM THEATRE GROUP 203 S MAIN ST MEMPHIS TN 38103 620983983 501(C)(3) 15000 OPERATING SUPPORT TENNESSEE SHAKESPEARE CO 7950 TRINITY RD CORDOVA TN 38018 262113887 501(C)(3) 7500 OPERATING SUPPORT FMV - CASH N/A ARTIST GRANTS TO SUPPORT NEIGHBORHOOD ARTS-BASED COMMMUNITY ENGAGEMENT. 1 10000 FMV - CASH N/A 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 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 FROM THE CEO AND CFO 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.