Creative Aging Memphis EIN 27-0070615

Creative Aging Memphis

EIN  27-0070615 Public charity (501(c)(3)) Memphis, TN Founded 2004
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Size
$100K–1M
What they do
Enhances quality of life for seniors in the Mid-South region.
Leadership
Christy Barzizza Started 5125 · Executive Director · $59K
Money in and out
$828K revenue, $857K expenses
Bottom line
79% program efficiency

Enhances quality of life for seniors in the Mid-South region. For fiscal year 2025 it reported $828K in revenue, $857K in expenses, and $654K in net assets.Pt I

Where the money goes · FY2025
Total revenue
$828K
Pt VIII · Ln 12
Total expenses
$857K
Pt IX · Ln 25
Net assets
$654K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$28K
Where spending went · Part IX cols B–D
Program services $0.79 Management & general $0.11 Fundraising $0.10
Program efficiency
79%
of spending reaches programs▼ -1% vs prior filing year
Operating runway
7.6mo
months of highly liquid reserves at operating expense rate0% vs prior filing year
Surplus margin
-3%
revenue over expenses, this year▼ -1337% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$828K
FY2025▲ +5%
Expenses
$857K
FY2025▲ +9%
Total assets
$679K
FY2025▲ +5%
Total liabilities
$25K
FY2025▲ +66%
Total revenue
$828K
Pt VIII · Ln 12
Total expenses
$857K
Pt IX · Ln 25
Net assets
$654K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$28K
Total assetsPt X · Ln 16$679K
Program-expense ratioPt IX · col B79%
Voting members of governing bodyPt I · Ln 313
Independent voting membersPt I · Ln 413
Mission & Programs · Part III

Where the work happens

1 program service account for $680K of program spending, described in the organization's own filed words · FY2025.
01

Creative aging's 3 arts-based programs engage older adults at places they live or gather. Programs include the concert series, community performances, and studio courses. The 2025-26 concert series included 21 events featuring memphis' best arts organizations and individual artists. The concert series impacted older adults 6951 times.

$680Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCreative Aging Memphis
EINHdr · item D27-0070615
Principal addressHdr · item CMemphis, TN
WebsiteHdr · item Jcreativeagingmidsouth.org
Year of formationHdr · item L2004
State of legal domicileHdr · item MTN
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFArts & Culture (A60)
Ruling yearIRS BMFMar 2004

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a13
Independent voting membersPt VI · Ln 1b13
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$58,911Pt VII · Sec A
Executive Director
$28,288Pt VII · Sec A
$18,007Pt VII · Sec A
$6,160Pt VII · Sec A
Secretary
$2,065Pt VII · Sec A
President
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Christy Barzizza Started 5125’s $59K as Executive Director is at the 53rd percentile of top reported officer pay among 2212 $100K–1M 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 · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Margaret Henley$70,500$66,000$66,000$60,000$52,500
Christy Barzizza Started 5125$58,911
Sarah Nowlin$38,193$31,585
Mia Henley 1125-51525$28,288
Sarah Hascher 1125-101525$18,007
Deborah Swiney$6,160$6,058
Oscar Sueing$2,065$2,875$4,250$4,125
Judi Gray$1,000$875

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.

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Statement of Revenue

Part VIII
Contributions & grants$499K · 60%
Program service revenue$226K · 27%
Other revenue$96K · 12%
Investment income$7K · 1%
Contributions & grants60%$499K
Program service revenue27%$226K
Other revenue12%$96K
Investment income1%$7K
— government grantsLn 1e$181K
Total revenueLn 12$828K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.79 Management & general $0.11 Fundraising $0.10
Program services79%$680K
Management & general11%$93K
Fundraising10%$84K
Total functional expensesLn 25$857K

Balance Sheet

Part X · end of year
CashLn 1$56K
Total assetsLn 16$679K
Total liabilitiesLn 26$25K
Total net assetsLn 32$654K
Months of cash on handcomputed0.8

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $520K · Operating expenses (Pt IX) $857K · Less non-cash grants $35K · Cash operating expenses/yr $821K
7.6 months
Where the money goes
Program services
Program services $680K · Total expenses $857K
79%
Management & General
Management & general $93K · Total expenses $857K
11%
Fundraising
Fundraising $84K · Total expenses $857K
10%
Cost to raise $1
Fundraising expense (3-yr avg) $74K · Solicited contributions (3-yr avg) $459K
$0.16 to raise $1 (3-yr avg)
Where the money comes from
Contribution dependence
Contributions & grants $499K · Total revenue $828K
60%
Government reliance
Government grants $181K · Total revenue $828K
22%
Earned-income share
Program service revenue $226K · Total revenue $828K
27%
Investment reliance
Investment income $7K · Total revenue $828K
+1%
Program self-sufficiency
Program service revenue $226K · Total expenses $857K
26%
Growth & trend
Revenue growth (YoY)
This year $828K · Prior year $787K
+5%
Revenue CAGR
FY2020 $309K · FY2025 $828K
+22%
Net-asset trend (YoY)
End of year $654K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $828K · Expenses $857K
-3%
Liabilities-to-Assets
Total liabilities — · Total assets $679K
Net-asset ratio
Net assets $654K · Total assets $679K
96%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $464K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $679K
68%
People & payroll
Highest Reported Total Compensation
Individual Christy Barzizza Started 5125 · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $59K · Total expenses $857K
7%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $277K · Total expenses $857K
32%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 79%
Overhead ratio 11%
Fundraising cost ratio 17%
Revenue growth 5%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

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

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$828K revenue · viewing · ⤓ 990 PDF
FY2024$787K revenue · ⤓ 990 PDF
FY2023$673K revenue · ⤓ 990 PDF
FY2022$470K revenue · ⤓ 990 PDF
FY2021$711K revenue · ⤓ 990 PDF
FY2020$309K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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