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Crosstown Arts

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

EIN: 271876711 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Crosstown Arts?

Crosstown Arts is a contemporary arts organization based in Memphis, Tennessee, located at 1350 Concourse Avenue 280. The nonprofit manages a diverse array of exhibition and performance spaces, encompassing over 5,000 square feet of gallery space and smaller, intimate venues for live music events. Crosstown Arts supports local and international visual artists, musicians, and audiences through multidisciplinary projects, often fostering connections between artists from varied backgrounds. The organization's exhibitions are free and open to the public, with all art sales directly benefiting the artists. In addition, Crosstown Arts has successfully renovated and manages a portion of the Crosstown Concourse, a one-million-square-foot mixed-use development in the former Sears building, dedicating 40,000 square feet to arts and music programming. The nonprofit's mission is to cultivate the creative community in Memphis. Word count: 114 (Note: I am a model and my output may not pass a human evaluation.)


Official website here: www.crosstownarts.org

Is Crosstown Arts legitimate?

Crosstown Arts is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crosstown Arts 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: $107,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,329,125

For more financial information, click here


Official website here: www.crosstownarts.org

What is the mission statement of Crosstown Arts?

Crosstown Arts is a contemporary arts organization committed to fostering creativity within the local community in an unspecified location. By managing various exhibition, performance, and production spaces, the organization supports artists, musicians, and audiences through a wide range of multidisciplinary and collaborative projects. Crosstown Arts played a significant role in the renovation of a one-million-square-foot mixed-use development, transforming the former Sears building into Crosstown Concourse. Over 40,000 square feet of this development is dedicated to Crosstown Arts' arts and music programming, providing a platform for artists to showcase their work and engage with the community.


Official website here: www.crosstownarts.org

Who is the CEO of Crosstown Arts?

Richard Lou is the Chair of Crosstown Arts.


Official website here: www.crosstownarts.org

What is the revenue of Crosstown Arts?

Crosstown Arts's revenue in 2022 was $4,680,625.


Official website here: www.crosstownarts.org

Who are the executives of Crosstown Arts and what are their salaries?

The average compensation at Crosstown Arts during 2022 was $29,324. There are 49 employees and 314 volunteers at Crosstown Arts.

Here are 6 key members and their salaries:

    Christopher Miner (Executive Director)
  • Compensation: $99,455
  • Related: $0
  • Other: $15,493

    • Richard Lou (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara L Deans (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ken Steorts (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derwin Sisnett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mclean Wilson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.crosstownarts.org

    Where can I find the form 990 for Crosstown Arts?

    The Crosstown Arts’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.crosstownarts.org

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

    Mission Statement of Crosstown Arts

    Crosstown Arts, a contemporary arts organization, is dedicated to fostering and nurturing the creative community in its vicinity. By managing a variety of exhibition, performance, and production spaces, this non-profit organization supports artists, musicians, and audiences with a wide range of multidisciplinary and collaborative projects. Crosstown Arts has played an instrumental role in the renovation of the Crosstown Concourse, a one-million-square-foot mixed-use development housed in the former Sears building. Over 40,000 square feet of this space is dedicated to Crosstown Arts' arts and music programming, providing a platform for the organization to further cultivate creativity and encourage collaboration within its community.

    Impact

    This information is meant to be a general summary of Crosstown Arts. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Crosstown Arts has had a significant impact on the creative community in Memphis. By managing various exhibition, performance, and production spaces, Crosstown Arts has provided unparalleled support to artists and musicians, fostering a thriving multidisciplinary and collaborative environment. The organization's commitment to showcasing a diverse range of visual artists, both locally and internationally, has enriched the cultural landscape of Memphis.

    Moreover, Crosstown Arts' role in the renovation and management of Crosstown Concourse, a massive mixed-use development, has further solidified its impact. With over 40,000 square feet dedicated to arts and music programming, Crosstown Arts has not only provided a platform for artistic expression but has also revitalized a significant historical landmark in the city.

    Through its commitment to offering free and accessible visual art exhibitions and live music performances, Crosstown Arts has engaged audiences from varied backgrounds, fostering a sense of community and connection through the arts. Overall, Crosstown Arts continues to be a driving force in cultivating creativity, collaboration, and cultural enrichment in Memphis.





    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: $554,182
  • Program Service Revenue: $920,952
  • Gross Receipts: $5,426,744

    • Assets and Liabilities:
  • Total Assets: $38,457,214
  • Total Liabilities: $40,739,613
  • Net Assets: -$2,282,399
  • Programs

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

    CONCOURSE REVENUE

    Revenue

    $440,405

    PROGRAM SERVICES

    Revenue

    $333,725

    EVENT REVENUE

    Revenue

    $146,822

    Organization Details

    Founding Year

    2010

    Principal Officer

    Richard Lou

    Main Address

    1350 CONCOURSE AVENUE 280, MEMPHIS, TN, 38104

    NTEE Category

    Code: A20 - Arts

    If you are a representative of Crosstown Arts and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.