2024-02-11T11:47:45-06:00 2023-06-30 261180446 THE MARSTON GROUP PLC 1661 INTERNATIONAL DRIVE SUITE 250 MEMPHIS TN 38120 990 2022-07-01 620693547 ARTSMEMPHIS ARTS 9015782787 575 S MENDENHALL ROAD MEMPHIS TN 38117 JULIE WIKLUND CFO 9015782787 2024-02-08 1 JULIE WIKLUND 999009999 0 SUSAN M LATTIMORE P00834343 9017613003 2024-01-31 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z JULIE WIKLUND 575 S MENDENHALL ROAD MEMPHIS TN 38117 3944492 0 X WWW.ARTSMEMPHIS.ORG X 1962 TN SUPPORTING THE ARTS TO STRENGTHEN THE MEMPHIS COMMUNITY. 26 26 10 143 0 0 4558469 2743672 0 0 247973 114488 42993 431095 4849435 3289255 2520251 3377097 0 0 547305 549273 0 0 445989 393491 503428 3461047 4429798 1388388 -1140543 27136198 27700637 5528566 5582520 21607632 22118117 X SUPPORTING THE ARTS TO STRENGTHEN THE MEMPHIS COMMUNITY. 0 0 1111942 1001000 OPERATING SUPPORT GRANTS: ARTSMEMPHIS, THROUGH THIS 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. 866366 779927 RECOVERY FUND: THE PURPOSE OF THESE GRANTS, IS TO PROVIDE FUNDING TO INDIVIDUAL ARTISTS AND ARTS ORGANIZATIONS TO FACILITATE RECOVERY FROM THE COVID-19 PANDEMIC. 349911 315000 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. 1423162 1281170 PROJECT GRANTS: THESE GRANTS ARE GIVEN TO GRANTEES FOR SPECIFIC PROJECTS EXECUTED BY THE GRANTEES. THESE GRANTS INCLUDE:ARTSFIRST - (FUNDED BY FIRST HORIZON 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.FEDEX - (FUNDED BY FEDEX AND ADMINISTERED BY ARTSMEMPHIS) - FEDEX GRANTS ENRICH THE ARTS IN MEMPHIS. FUNDING IS DETERMINED BY A GRANT PANEL COMPOSED OF FEDEX REPRESENTATIVES. 1423162 1281170 3751381 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 42 0 10 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X X JULIE WIKLUND 9015782787 575 S MENDENHALL MEMPHIS TN 38117 KATHY GALE UHLHORN CHAIR, BOARD OF DIRECTORS 0.00 X X 0 0 0 RUSS WIGGINTON VICE-CHAIR, BOARD OF DIREC 0.00 X X 0 0 0 PAT DANEHY MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 TROW GILLESPIE MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 MARY HOPKINS TREASURER, BOARD OF DIRECT 0.00 X X 0 0 0 BRUCE HOPKINS MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 JON MOOREHEAD SECRETARY, BOARD OF DIRECT 0.00 X X 0 0 0 JUANITA ORTIZ MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 GARY WUNDERLICH MEMBER, 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 CALVIN BIGGERS MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 MIKE CAMPARNARO MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 BILL CARKEET 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 MICHAEL DRAKE MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 MARTIN HAND MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 LOWRY HOWELL MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 RACHEL JACKSON MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 DIANNE MALL MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 REG PAIGE MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 KERA WRIGHT MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 JOHN BASS MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 CARL MOORE MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 BO WHITE MEMBER, BOARD OF DIRECTORS 0.00 X 0 0 0 TRACY LAURITZEN WRIGHT CHIEF OPERATING OFFICER 40.00 X 101500 0 0 JULIE WIKLUND CHIEF FINANCIAL OFFICER 40.00 X 87725 0 0 ELIZABETH ROUSE PRESIDENT, CEO 40.00 X 155872 0 0 345097 0 0 2 0 1 0 0 159660 2584012 2743672 105867 105867 546587 537966 8621 8621 8621 548366 117271 431095 431095 3289255 0 0 545583 3300097 3300097 77000 77000 345097 127686 89725 127686 120573 44612 31349 44612 16308 6034 4240 6034 27219 10071 7077 10071 40076 14828 10420 14828 25295 25295 92652 77672 14980 6835 2529 1777 2529 79379 29370 20639 29370 4973 4973 2709 2709 16461 6091 4280 6090 11305 4183 2939 4183 DEVELOPMENT SUPPORT 146423 146423 EQUIPMENT MAINTENANCE 33325 12330 8665 12330 ADVOCACY FOR ART GROUPS 21579 21579 PRINTING 15909 112 79 15718 46583 17187 18261 11135 4429798 3751381 232428 445989 1442478 735902 3947280 1211267 11755 31610 393868 265073 9758 128795 21724927 25593063 27136198 27700637 100661 73138 202250 15419 66250 124490 5159405 5369473 5528566 5582520 X 15798071 16044972 5809561 6073145 21607632 22118117 27136198 27700637 -1140543 1541539 109489 0 X X 0 1 X 0 0 X 1584068 1107492 2446203 3240784 2743672 11122219 1584068 1107492 2446203 3240784 2743672 11122219 4844500 6277719 65138 48756 34514 71994 105867 326269 11448488 0.54830 0.61560 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 21724927 2500000 2016439 434363 213940 25593063 21981721 2494385 -1923795 551617 275767 21724927 17101532 5901112 680649 340274 21981721 18719968 -657937 640333 320166 17101532 19504261 176674 640645 320322 18719968 0.80000 0.00000 0.20000 0 0 311046 250886 60160 82822 14187 68635 0 128795 OTHER SECURITIES 25593063 F 25593063 ASSETS HELD FOR OTHER ORGANIZATIONS 5283396 CAPITAL LEASE OBLIGATION 86077 5369473 X 5057554 1541539 109489 117271 1768299 3289255 0 3289255 4547069 117271 117271 4429798 0 4429798 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, 2023 AND 2022. INFORMATIONAL TAX RETURNS FOR 2019 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. ART BY DESIGN 20243 20243 12822 CONSERVATION THROUGH ART 509937 509937 104449 1 18186 18186 548366 548366 117271 117271 431095 1 ARTIST FOR COMMUNITY TRANSFORMATION INTL INC PO BOX 1966 BRENTWOOD TN 37024 262966063 501(C)(3) 10000 0 OPERATING SUPPORT ANGEL STREET PO BOX 93 CORDOVA TN 38088 812072853 501(C)(3) 17240 0 OPERATING SUPPORT & ART BUILDS COMMUNITY ARKWINGS FOUNDATION 2034 JAMES ROAD MEMPHIS TN 38127 522404929 501(C)(3) 8500 0 OPERATING SUPPORT & ART BUILDS COMMUNITY ARROW CREATIVE INC 650 NEW YORK STREET MEMPHIS TN 38104 813045567 501(C)(3) 14050 0 OPERATING SUPPORT & ART BUILDS COMMUNITY BALLET MEMPHIS 2144 MADISON AVE MEMPHIS TN 38104 621018942 501(C)(3) 100000 0 OPERATING SUPPORT & ENHANCEMENT BLUES CITY CULTURAL CENTER 1254 EAST SHELBY DRIVE SUITE 1227 MEMPHIS TN 38116 581396725 501(C)(3) 6000 0 OPERATING SUPPORT CARPENTER ART GARDEN 295 CARPENTER STREET MEMPHIS TN 38112 822322015 501(C)(3) 21150 0 OPERATING SUPPORT & ART BUILDS COMMUNITY CAZATEATRO BILINGUAL THEATRE GROUP 6041 MOUNT MORIAH EXTENDED SUITE 16 MEMPHIS TN 38115 465700382 501(C)(3) 13200 0 OPERATING SUPPORT & ART BUILDS COMMUNITY CIRCUIT PLAYHOUSE INC 66 S COOPER STREET MEMPHIS TN 38104 237185772 501(C)(3) 55000 0 OPERATING SUPPORT COLLAGE DANCE COLLECTIVE 505 TILLMAN STREET SUITE 102 MEMPHIS TN 38112 205888512 501(C)(3) 44630 0 OPERATING SUPPORT & ART BUILDS COMMUNITY CREATIVE AGING MEMPHIS 2029 PEABODY AVENUE MEMPHIS TN 38104 270070615 501(C)(3) 25000 0 OPERATING SUPPORT & ENHANCEMENT CROSSTOWN ARTS 1350 CONCOURSE AVENUE SUITE 280 MEMPHIS TN 38104 271876711 501(C)(3) 24000 0 OPERATING SUPPORT & RECOVERY GERMANTOWN COMMUNITY THEATRE 3037 FORREST HILL IRENE RD GERMANTOWN TN 38138 620903617 501(C)(3) 8000 0 OPERATING SUPPORT GERMANTOWN PERFORMING ARTS CENTER 1801 EXETER RD GERMANTOWN TN 38138 581652763 501(C)(3) 15000 0 OPERATING SUPPORT HARMONIC SOUTH STRING ORCHESTRA PO BOX 140942 MEMPHIS TN 38114 812758334 501(C)(3) 10000 0 OPERATING SUPPORT HATTILOO THEATRE 656 MARSHALL MEMPHIS TN 38103 204225394 501(C)(3) 28000 0 OPERATING SUPPORT INDIE MEMPHIS 1910 MADISON AVENUE MEMPHIS TN 38104 262165160 501(C)(3) 55000 0 OPERATING SUPPORT & ENHANCEMENT IRIS ORCHESTRA 1801 EXETER RD MEMPHIS TN 38138 204091251 501(C)(3) 19140 0 OPERATING SUPPORT & ART BUILDS COMMUNITY MEMPHIS BROOKS MUSEUM OF ART 1934 POPLAR AVENUE MEMPHIS TN 38104 626063304 501(C)(3) 90000 0 OPERATING SUPPORT MEMPHIS CHORALARTS PO BOX 11585 MEMPHIS TN 38111 263692795 501(C)(3) 8060 0 OPERATING SUPPORT & ART BUILDS COMMUNITY MEMPHIS JAZZ WORKSHOP (LEEJAZZOMEGA INC) PO BOX 11461 MEMPHIS TN 38111 475484321 501(C)(3) 10000 0 OPERATING SUPPORT MEMPHIS MUSIC INITIATIVE 198 DR MARTIN LUTHER KING JR AVENUE MEMPHIS TN 38103 814079426 501(C)(3) 485000 0 RECOVERY MEMPHIS ROCK 'N' SOUL MUSEUEM 191 BEALE STREET MEMPHIS TN 38103 621632202 501(C)(3) 15000 0 OPERATING SUPPORT MEMPHIS SLIM COLLABORATORY 1130 COLLEGE ST MEMPHIS TN 38106 831009602 501(C)(3) 12000 0 OPERATING SUPPORT MEMPHIS SYMPHONY ORCHESTRA 610 GOODMAN STREET MEMPHIS TN 38152 626015885 501(C)(3) 60000 0 OPERATING SUPPORT MEMPHIS YOUTH SYMPHONY PROGRAM 66 S COOPER ST SUITE 509 MEMPHIS TN 38104 203746927 501(C)(3) 7000 0 OPERATING SUPPORT METAL MUSEUM INC 374 METAL MUSEUEM DRIVE MEMPHIS TN 38106 621066198 501(C)(3) 35000 0 OPERATING SUPPORT MUSIC EXPORT MEMPHIS 56 S FRONT STREET 3RD FLOOR MEMPHIS TN 38103 822214830 501(C)(3) 62500 0 OPERARING SUPPORT & RECOVERY NEW BALLET ENSEMBLE AND SCHOOL 2157 YORK AVENUE MEMPHIS TN 38104 621866526 501(C)(3) 50000 0 OPERATING SUPPORT NEW DAY CHILDREN'S THEATRE 4670 MERCHANTS PARK CIRCLE SUITE 626 COLLIERVILLE TN 38017 743159525 501(C)(3) 8000 0 OPERATING SUPPORT OPERA MEMPHIS 6745 WOLF RIVER BLVD MEMPHIS TN 38120 620785544 501(C)(3) 100000 0 OPERATING SUPPORT & ENHANCEMENT ORPHEUM THEATRE GROUP 203 S MAIN ST MEMPHIS TN 38103 620983983 501(C)(3) 20000 0 OPERATING SUPPORT OVERTON PARK SHELL 1928 POPLAR AVE MEMPHIS TN 38104 743145100 501(C)(3) 53000 0 OPERATING SUPPORT & ENHANCEMENT PERFECTING GIFTS INCORPORATED 3180 OLD GETWELL RD MEMPHIS TN 38118 814003603 501(C)(3) 11000 0 OPERATING SUPPORT PLAYBACK MEMPHIS 1000 COOPER STREET MEMPHIS TN 38104 300527070 501(C)(3) 12000 0 OPERATING SUPPORT & RECOVERY PRIZM ENSEMBLE PO BOX 171361 MEMPHIS TN 38187 453735871 501(C)(3) 25000 0 OPERATING SUPPORT & ENHANCEMENT RIVERARTSFEST INC PO BOX 40001 MEMPHIS TN 38174 454274813 501(C)(3) 8250 0 OPERATING SUPPORT & ART BUILDS COMMUNITY SOULSVILLE FOUNDATION 926 E MCLEMORE MEMPHIS TN 38106 621719414 501(C)(3) 90000 0 OPERATING SUPPORT SUBROY MOVEMENT FOUNDATION INC 544 N 7TH ST MEMPHIS TN 38105 822569597 501(C)(3) 6300 0 OPERATING SUPPORT & ART BUILDS COMMUNITY TENNESSEE SHAKESPEARE CO 7950 TRINITY RD CORDOVA TN 38018 262113887 501(C)(3) 18000 0 OPERATING SUPPORT THE BLUES FOUNDATION 421 SOUTH MAIN MEMPHIS TN 38103 621083757 501(C)(3) 18000 0 OPERATING SUPPORT THEATRE MEMPHIS 630 PERKINS EXT MEMPHIS TN 38117 620418732 501(C)(3) 42000 0 OPERATING SUPPORT TONE (FKA THE CLTV) 2234 LAMAR AVE MEMPHIS TN 38114 320460234 501(C)(3) 115000 0 OPERATING SUPPORT & ENHANCEMENT URBAN ART COMMISSION 422 N CLEVELAND ST MEMPHIS TN 38104 621791387 501(C)(3) 13000 0 OPERATING SUPPORT & RECOVERY YOUNG ACTORS GUILD INC 619 N 7TH ST MEMPHIS TN 38107 621813001 501(C)(3) 10000 0 OPERATING SUPPORT 47 0 GRANTS TO SHELBY COUNTY VISUAL ARTISTS 77000 PART I, LINE 2: THE ORGANIZATION REQUIRES 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, CEO 155872 0 0 0 0 0 0 0 0 0 155872 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 APPROVED BY THE BOARD OF DIRECTORS CHAIR AND VICE-CHAIR. 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.