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Artsmemphis

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

EIN: 620693547 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Artsmemphis?

Artsmemphis is a nonprofit organization situated in Memphis, Tennessee, with a postal address at 575 S Mendenhall Road, 38117. Their primary focus is on nurturing small, community-based arts organizations and providing support to larger organizations, thereby contributing to the overall arts landscape in Memphis. By offering unrestricted operating support grants, Artsmemphis aims to empower all effective arts organizations to flourish. This funding is essential but challenging to secure, and Artsmemphis recognizes its significance. With a mission to sustain Memphis' renowned cultural vitality and strengthen local communities, Artsmemphis plays a crucial role in preserving and promoting the arts scene in the city, thereby enriching the lives of its residents. The organization currently employs a team of eight individuals.


Official website here: www.artsmemphis.org

Is Artsmemphis legitimate?

Artsmemphis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Artsmemphis 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: $346,353
Professional Fundraising Fees: $0
Other Salaries and Wages: $133,052

For more financial information, click here


Official website here: www.artsmemphis.org

What is the mission statement of Artsmemphis?

ArtsMemphis' mission is focused on preserving Memphis' globally recognized cultural vibrancy and strengthening local communities. This is achieved through the arts, as ArtsMemphis provides operational support grants to both small, community-based arts organizations and larger entities. By offering unrestricted operating support, ArtsMemphis aims to foster the success of effective arts organizations, recognizing that this type of funding is highly valuable and challenging to secure.


Official website here: www.artsmemphis.org

Who is the CEO of Artsmemphis?

Julie Wiklund is the Chair, Board Of Directors of Artsmemphis.


Official website here: www.artsmemphis.org

What is the revenue of Artsmemphis?

Artsmemphis's revenue in 2022 was $4,849,435.


Official website here: www.artsmemphis.org

Who are the executives of Artsmemphis and what are their salaries?

The average compensation at Artsmemphis during 2022 was $59,926. There are 8 employees and 97 volunteers at Artsmemphis.

Here are 31 key members and their salaries:

    Elizabeth Rouse (President & Chief Executiv)
  • Compensation: $151,534
  • Related: $0
  • Other: $0

    • Tracy Lauritzen Wright (Chief Operating Officer)
  • Compensation: $98,250
  • Related: $0
  • Other: $0

    • Ellen Lester (Former Chief Financial Officer)
  • Compensation: $63,134
  • Related: $0
  • Other: $0

    • Julie Wiklund (Chief Financial Officer)
  • Compensation: $33,435
  • Related: $0
  • Other: $0

    • Kathy Gale Uhlhorn (Chair, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Russ Wigginton (Vice-Chair, Board Of Direc) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Baudoin (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pat Danehy (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Trow Gillespie (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Hopkins (Treasurer, Board Of Direct) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Hopkins (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jon Moorehead (Secretary, Board Of Direct) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juanita Ortiz (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Wunderlich (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Oscar Adams (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bo Allen (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Calvin Biggers (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Camparnaro (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Carkeet (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Connell (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bob Craddock (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Drake (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Hand (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Whitney Hardy (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lowry Howell (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rachel Jackson (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lucy Lee (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dianne Mall (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reg Paige (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Walter (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kera Wright (Member, Board Of Directors)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.artsmemphis.org

    Where can I find the form 990 for Artsmemphis?

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


    Official website here: www.artsmemphis.org

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

    Mission Statement of Artsmemphis

    Artsmemphis, as a nonprofit organization, is committed to maintaining Memphis' globally recognized cultural vitality and enhancing local communities through the arts. By implementing this mission, Artsmemphis aims to strengthen the city's artistic landscape through operational support grants. These grants primarily target small, community-based arts organizations, nurturing their growth and stability. Additionally, larger organizations that foster new initiatives and contribute to the overall stability of the arts sector also receive support. Artsmemphis recognizes the significance of unlimited operational funding, which is the most valuable but challenging type of financing for arts organizations. By providing this type of support, Artsmemphis empowers effective arts organizations to thrive, thereby enriching Memphis' cultural landscape.

    Impact

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




    Saturday, July 20, 2024

    Artsmemphis plays a crucial role in sustaining Memphis' world-renowned cultural vitality and strengthening local communities through the arts. By providing operating support grants to a diverse range of arts organizations, Artsmemphis nurtures small, community-based groups while also supporting larger organizations that drive innovation and stability in the arts landscape. This strategic approach enables effective arts organizations to thrive and contribute significantly to the cultural richness of Memphis. Through its efforts, Artsmemphis positively impacts the artistic ecosystem of the city and fosters a vibrant and inclusive community where the arts can flourish.





    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: $247,973
  • Program Service Revenue: $0
  • Gross Receipts: $5,650,735

    • Assets and Liabilities:
  • Total Assets: $27,136,198
  • Total Liabilities: $5,528,566
  • Net Assets: $21,607,632
  • Organization Details

    Founding Year

    1962

    Principal Officer

    Julie Wiklund

    Main Address

    575 S MENDENHALL ROAD, MEMPHIS, TN, 38117

    NTEE Category

    Code: A260 - Arts

    If you are a representative of Artsmemphis 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.