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Memphis In May International Festival Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237308001 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Memphis In May International Festival Inc?

Memphis In May International Festival Inc is a Memphis-based nonprofit organization, with a team of 12 dedicated individuals. Their mission revolves around organizing and supporting various recreational, educational, social, and cultural events and activities, aiming to celebrate Memphis and people from around the world. They are renowned for the Beale Street Music Festival (BSMF), World Championship Barbecue Cooking Contest (WCBCC), Shelby County Celebration (SC), and the Great American River Run (GARR. Additionally, they host international events that honor a chosen country, along with educational activities, providing a platform for Memphis to connect with the world and vice versa.


Official website here: www.memphisinmay.org

Is Memphis In May International Festival Inc legitimate?

Memphis In May International Festival Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis In May International Festival Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $370,440
Professional Fundraising Fees: $0
Other Salaries and Wages: $861,064

For more financial information, click here


Official website here: www.memphisinmay.org

What is the mission statement of Memphis In May International Festival Inc?

Memphis In May International Festival Inc was established with the goal of facilitating and promoting recreational, educational, social, and cultural events and activities. Its primary purpose is to celebrate Memphis and its people, as well as those of other cultures and countries around the world. The organization achieves this through annual events and activities that showcase a selected country, bridging the gap between Memphis and the rest of the world, and vice versa. These events and activities aim to honor and celebrate the unique aspects of each featured country, thereby fostering a deeper understanding and appreciation for diverse cultures.


Official website here: www.memphisinmay.org

Who is the CEO of Memphis In May International Festival Inc?

James L Holt is the Chairman of Memphis In May International Festival Inc. The CEO's salary of Memphis In May International Festival Inc is $169,137 and their total compensation is $187,590.


Official website here: www.memphisinmay.org

What is the revenue of Memphis In May International Festival Inc?

Memphis In May International Festival Inc's revenue in 2022 was $16,594,261.


Official website here: www.memphisinmay.org

Who are the executives of Memphis In May International Festival Inc and what are their salaries?

The average compensation at Memphis In May International Festival Inc during 2022 was $102,625. There are 12 employees and 550 volunteers at Memphis In May International Festival Inc.

Here are 22 key members and their salaries (Memphis In May International Festival Inc's CEO's salary is $169,137 and their total compensation is $187,590):

    James L Holt (Ceo And President)
  • Compensation: $226,544
  • Related: $0
  • Other: $29,833

    • Mack Weaver (Ceo And Executive Vice President)
  • Compensation: $169,137
  • Related: $0
  • Other: $18,453

    • Charles Ewing (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doug Browne (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Cohen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leigh Shockey (Chair Elect) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Al Gossett (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bathsheba Sams (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Regena Bearden (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Coleman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathy Ferguson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Velvet Graham (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Lasonya Hall (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Mckinney (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Hadley Mayor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Moody (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Howard Robertson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Russell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wayne Tabor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Tigrett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Weatherford (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jamita Swearengen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.memphisinmay.org

    Where can I find the form 990 for Memphis In May International Festival Inc?

    The Memphis In May International Festival Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.memphisinmay.org

    Learn more at the official website: www.memphisinmay.org

    Mission Statement of Memphis In May International Festival Inc

    Memphis in May International Festival Inc is a nonprofit organization that aims to bring people together from Memphis and various cultures and countries around the world. With a mission to provide and support recreational, educational, social, and cultural events and activities, this organization celebrates Memphis and its people while introducing the world to Memphis.

    Through annual events and activities, Memphis in May International Festival Inc honors a selected country of the world. The organization serves as a bridge, connecting Memphis to the world and vice versa. By organizing these events and activities, it provides a platform for people to learn about different cultures, expand their horizons, and foster mutual respect and understanding.

    Memphis in May International Festival Inc goes beyond just hosting events, it creates opportunities for the community to engage in educational, social, and cultural experiences. This allows people to make connections, build relationships, and contribute to a more diverse and inclusive society. With its commitment to bringing people together, Memphis in May International Festival Inc continues to make a positive impact on the community and the world.

    Impact

    This information is meant to be a general summary of Memphis In May International Festival Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Memphis In May International Festival Inc has a significant impact on the city of Memphis and its residents, as well as on promoting cultural exchange with people from other countries. Through its annual events and activities such as the Beale Street Music Festival, World Championship Barbecue Cooking Contest, Shelby County Celebration, and the Great American River Run, the organization brings together diverse communities to celebrate and learn about different cultures.

    The festival serves as a platform for cultural education and entertainment, showcasing the richness and diversity of the selected country each year. This helps to foster understanding and appreciation for various global traditions and perspectives among the people of Memphis. Furthermore, the events organized by Memphis In May International Festival Inc contribute to the local economy by attracting visitors and generating tourism revenue.

    Overall, the organization's mission to provide and support recreational, educational, social, and cultural events aligns with its goal of introducing Memphis to the world and vice versa. By promoting cross-cultural exchange and community engagement, Memphis In May International Festival Inc plays a vital role in enriching the cultural fabric of the city and connecting its people with the global community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $122,302
  • Program Service Revenue: $7,561,495
  • Gross Receipts: $17,948,106

    • Assets and Liabilities:
  • Total Assets: $6,347,595
  • Total Liabilities: $978,018
  • Net Assets: $5,369,577
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    FESTIVAN EVENTS

    Revenue

    $7,561,495

    Organization Details

    Founding Year

    1977

    Principal Officer

    James L Holt

    Main Address

    56 S FRONT STREET, MEMPHIS, TN, 38103

    NTEE Category

    Code: A200 - Arts

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