Indie Memphis FY2020 filing

Tax-deductible

Memphis, TN501(c)(3)Arts & CultureEIN 26-2165160Revenue $788K in FY2020

On file with the IRSindiememphis.com1910 Madison Ave 632, 38104-2620 · Memphis, TNTax-exempt since Mar 2009Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

To build an appreciation for quality independent films and the art of filmmaking in the Memphis area.

501(c)(3) charity; gifts are tax-deductible.
88¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $48K a year · 8% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
88%
of spending
Looks good: 88% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
5
named funders · $136K
Looks good: 5 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$54K
11% of total assets
Looks good: liabilities are 11% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$788K
Spent
$666K
To programs
88%
Net assets
$444K
By yearFY2020–FY2025
Revenue
$788K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$788K
FY2021$430K
FY2022$1.1M
FY2023$871K
FY2024$518K
FY2025$77K
Expenses
$666K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$666K
FY2021$727K
FY2022$807K
FY2023$1.1M
FY2024$642K
FY2025$121K
Net assets
$444K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$444K
FY2021$147K
FY2022$473K
FY2023$200K
FY2024$88K
FY2025$33K

From the FY2020 Form 990 · see the original

Give Claim
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 2009.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

88 cents of each dollar spent went to programs.

Program services 88% · $585K Management & general 11% · $72K Fundraising 1% · $8K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

17 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Kimel Fryer’s $30K as Executive Director is at the 86th percentile of top reported officer pay among 250 <$100K arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022
Kimel Fryer$30,000$90,000$90,000$22,650

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Indie Memphis executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Promotes independent films and filmmaking appreciation in Memphis.

Questions for Indie Memphis

Tap to ask. Indie Memphis sees how many people are interested.

Your first name shows with your question. Indie Memphis answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $584K · in their own filed words · FY2020
01

During calendar year 2020, indie memphis screened over 150 films and partnered with other regional nonprofits to promote film as a cultural amenity and to drive economic development. The 23RD annual indie memphis film festival was held october 21ST thru october 29TH, 2020 held virtually (not in person due from COVID-19 pandemic…

$584Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 5 funders →

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$788K
Ln 12
Gifts and grantsLn 1h$692K
Fees for servicesLn 2g$94K
Investment incomeLn 3$2K
Money outPt IX
$666K
Ln 25
Programscol B$585K
Managementcol C$72K
Fundraisingcol D$8K
Owns and owesPt X
$444K
net assets · Ln 32
Cash and savingsLn 1–2$425K
Total assetsLn 16$498K
LiabilitiesLn 26$54K
PeoplePt VI, VII
17
listed · VII A
PaidVII A0
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$692K
Government grantsLn 1e$10K
Fees for servicesLn 2g$94K
Investment incomeLn 3$2K
Total revenueLn 12$788K
Assets in detailPt X, end of year
CashLn 1$297K
SavingsLn 2$128K
Cash and savings togetherLn 1–2$425K
Land, buildings, equipmentLn 10c$8K
Total assetsLn 16$498K
LiabilitiesLn 26$54K
Net assetsLn 32$444K
OperationsPt I, VI
EmployeesI 55
VolunteersI 6125
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$283K$425K
Land, buildings, equipmentLn 10c$1K$8K
Total assetsLn 16$334K$498K
LiabilitiesLn 26$13K$54K
Net assetsLn 32$321K$444K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$286K$257K$29K
Payroll taxesLn 10$24K$21K$2K
Accounting feesLn 11c$7K$7K
Advertising and promotionLn 12$58K$55K$3K
Office expensesLn 13$789$69$720
OccupancyLn 16$34K$22K$11K
TravelLn 17$11K$11K$180
Depreciation, depletion and amortizationLn 22$1K$1K$340
InsuranceLn 23$5K$5K
Other expenses (24a–d)Ln 24$171K$167K$4K
All other expensesLn 24e$67K$50K$9K$8K
Total functional expensesLn 25$666K$585K$72K$8K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $77K$121K−$43K$33K 990 PDF
FY2024 $518K$642K−$123K$88K 990 PDF
FY2023 $871K$1.1M−$273K$200K 990 PDF
FY2022 $1.1M$807K$327K$473K 990 PDF
FY2021 $430K$727K−$297K$147K 990 PDF
FY2020 Viewing $788K$666K$123K$444K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2020 990 (6 parts)
Part I · Summary $788,268 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $685,519$692,155
I-9 Program service revenuePrior year $160,374$93,641
I-10 Investment incomePrior year $2,029$2,472
I-11 Other revenue$0
I-12 Total revenuePrior year $847,922$788,268
I-13 Grants and similar amounts paidPrior year $44,463$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $250,714$309,310
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $439,108$356,219
I-18 Total expensesPrior year $734,285$665,529
I-19 Revenue less expensesPrior year $113,637$122,739
Part VI · Governance 16 of 16 board members independent, 1 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-13 Written whistleblower policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $788,268 across 6 lines filed
VIII-1e Government grants$9,640
VIII-1f All other contributions, gifts and grants$682,515
VIII-1h Total contributions, gifts and grants$692,155
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $93,641$93,641
VIII-3 Investment incomeRelated to mission $2,472$2,472
VIII-12 Total revenueRelated to mission $96,113$788,268
Part IX · Statement of functional expenses $665,529 across 11 lines filed
IX-7 Other salaries and wagesPrograms $257,087 · Management $28,561$285,648
IX-10 Payroll taxesPrograms $21,296 · Management $2,366$23,662
IX-11c Accounting feesManagement $7,212$7,212
IX-12 Advertising and promotionPrograms $54,996 · Management $3,300$58,296
IX-13 Office expensesPrograms $69 · Management $720$789
IX-16 OccupancyPrograms $22,422 · Management $11,232$33,654
IX-17 TravelPrograms $10,909 · Management $180$11,089
IX-22 Depreciation, depletion and amortizationPrograms $1,034 · Management $340$1,374
IX-23 InsuranceManagement $5,165$5,165
IX-24 Other expenses (24a–d)Programs $167,179 · Management $4,050$171,229
IX-24e All other expensesPrograms $50,413 · Management $9,250 · Fundraising $7,748$67,411
IX-25 Total functional expensesPrograms $585,405 · Management $72,376 · Fundraising $7,748$665,529
Part X · Balance sheet $498,098 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $182,363$296,999
X-2 Savings and temporary cash investmentsStart of year $100,911$127,607
X-3 Pledges and grants receivableStart of year $34,810$55,190
X-4 Accounts receivableStart of year $10,000$7,000
X-9 Prepaid expenses and deferred chargesStart of year $4,394$3,050
X-10c Land, buildings and equipment, netStart of year $1,416$8,252
X-16 Total assetsStart of year $333,894$498,098
X-17 Accounts payable and accrued expensesStart of year $12,911$2,381
X-25 Other liabilities$51,995
X-26 Total liabilitiesStart of year $12,911$54,376
X-27 Net assets without donor restrictionsStart of year $244,483$295,222
X-28 Net assets with donor restrictionsStart of year $76,500$148,500
X-32 Total net assets or fund balancesStart of year $320,983$443,722
X-33 Total liabilities and net assetsStart of year $333,894$498,098
Part XI · Reconciliation of net assets $443,722 net assets at year end
XI-1 Total revenue$788,268
XI-2 Total expenses$665,529
XI-3 Revenue less expenses$122,739
XI-4 Net assets at start of year$320,983
XI-10 Net assets at end of year$443,722

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.