Totals
- Total revenue
- $442,693
- Total expenses
- $461,618
- Contributions and grants received
- $442,693
- Grants paid
- $75,870
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $20,546
- Total liabilities, end of year
- $51,094
- Net assets or fund balances, end of year
- -$30,548
- Program services expenses (Part IX)
- $242,578
- Management and general expenses
- $219,040
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $242,578
Program services were 52.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$378,482
-
1f · All other contributions, gifts and grants
$64,211
-
8a · Fundraising events: contributions included on line 1c
$378,482
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $75,870 · program services $75,870
-
7 · Other salaries and wages
total $175,956 · program services $0 · management and general $175,956 · fundraising $0
-
16 · Occupancy
total $9,000 · program services $0 · management and general $9,000 · fundraising $0
-
17 · Travel
total $838 · program services $0 · management and general $838 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $5,431 · program services $0 · management and general $5,431 · fundraising $0
-
24a · Other expenses: Technology
total $9,631 · program services $0 · management and general $9,631 · fundraising $0
-
24b · Other expenses: Dues & Memberships
total $475 · program services $0 · management and general $475 · fundraising $0
-
24c · Other expenses: Event Production-Tambourine Bash
total $35,014 · program services $35,014 · management and general $0 · fundraising $0
-
24d · Other expenses: Outside Services
total $43,166 · program services $43,166 · management and general $0 · fundraising $0
-
24e · All other expenses
total $106,237 · program services $88,528 · management and general $17,709 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $13,901 · end of year $7,360
-
4 · Accounts receivable
beginning of year $28,420 · end of year $2,400
-
10a · Land, buildings and equipment: cost or other basis
$5,431
-
10b · Land, buildings and equipment: accumulated depreciation
$5,431
-
11 · Investments: publicly traded securities
end of year $10,786
-
15 · Other assets
beginning of year $1,431
-
17 · Accounts payable and accrued expenses
beginning of year $30,373 · end of year $26,140
-
24 · Unsecured notes and loans payable
beginning of year $25,000 · end of year $24,954
-
31 · Retained earnings, endowment or other funds
beginning of year -$11,621 · end of year -$30,548
Mission and programs · 2025
Mission
Create opportunities for Memphis artists to showcase their music, the City of Memphis, and provide financial relief, when needed, for music professionals.
-
Artist Beneficiary Activities
Expenses $456,187 · Grants $75,870 · Revenue $442,693
As filed on the 2025 return.
Listed in Part VII
-
Baylee Less-Eiseman
Development chair
- Total calculated
- $0
- Hours/week
- 1
-
Leah Gafni
Board Chair
- Total calculated
- $0
- Hours/week
- 1
-
Chris Duncan
Immediate Past Chair
- Total calculated
- $0
- Hours/week
- 1
-
James Dukas
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
James Huang
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Hemant Gupta
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jack Torregrossa
Vice Chair/Chair-elect
- Total calculated
- $0
- Hours/week
- 1
-
Shelby Smith
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Hornor
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Weetie Haygood
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Anna Traverse
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Tucker Carr
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Dorcas Young Griffin
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Corliss Shaw
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jay Hoffman
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Elizabeth Cawein
Executive Director
- Total calculated
- $105,083
- From this org
- $105,083
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2025
- Filed
- 15 February 2026
- IRS schema version
- 2025v4.0
- Source object
- 202610699349301346
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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