Creative Aging Memphis EIN 27-0070615

Creative Aging Memphis FY2020 filing

Not yet claimed Claim this org →

Enhances quality of life for seniors in the Mid-South region. For fiscal year 2020 it reported $309K in revenue, $253K in expenses, and $196K in net assets.Pt I

Founded
2004
Type
Public charity (501(c)(3)) · Arts & Culture
Location
Memphis, TN
Website
creativeagingmidsouth.org
Filings
6 on file (2020–2020)
Revenue
$309KFY2020
Expenses
$253K
Net assets
$196K
People
15
Filings
6
Updates
0
More identity details & actions ⌄
EIN  27-0070615 Public charity (501(c)(3)) Memphis, TN Founded 2004
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Creative Aging Memphis claims this page.

Know this organization? Claim it to add your story

Size
$100K–1M
What they do
Enhances quality of life for seniors in the Mid-South region.
Leadership
Margaret Henley · Executive Director · $52K
Money in and out
$309K revenue, $253K expenses
Bottom line
67% program efficiency
Where the money goes · FY2020
Total revenue
$309K
Pt VIII · Ln 12
Total expenses
$253K
Pt IX · Ln 25
Net assets
$196K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $56K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.19 Fundraising $0.14
Program efficiency
67%
of spending reaches programs
Operating runway
6.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+18%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$309K
FY2020
Expenses
$253K
FY2020
Total assets
$241K
FY2020
Total liabilities
$45K
FY2020
Total revenue
$309K
Pt VIII · Ln 12
Total expenses
$253K
Pt IX · Ln 25
Net assets
$196K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$56K
Total assetsPt X · Ln 16$241K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 314
Independent voting membersPt I · Ln 414
Mission & Programs · Part III

Where the work happens

1 program service account for $171K of program spending, described in the organization's own filed words · FY2020.
01

In 2020, creative aging presented almost 600 musical performances or hands-on workshops to seniors in 70 senior communities. Senior community performances featured over 100 local professional musicians and artists, and the senior studio program engaged seniors throughout the greater memphis area in lifelong learning programs.

$171Kprogram expense

Run this program? Claim this org to tell your story

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 1a14
Independent voting membersPt VI · Ln 1b14
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
Executive Director
$52,500Pt VII · Sec A
Director
$875Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$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.

See Creative Aging Memphis executive salaries →

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

Statement of Revenue

Part VIII
Contributions & grants$241K · 78%
Program service revenue$68K · 22%
Contributions & grants78%$241K
Program service revenue22%$68K
Investment income$363
Total revenueLn 12$309K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.19 Fundraising $0.14
Program services67%$171K
Management & general19%$47K
Fundraising14%$35K
Total functional expensesLn 25$253K

Balance Sheet

Part X · end of year
CashLn 1$131K
Total assetsLn 16$241K
Total liabilitiesLn 26$45K
Total net assetsLn 32$196K
Months of cash on handcomputed6.2

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $131K · Operating expenses/yr $253K
6.2 months
Where the money goes
Program services
Program services $171K · Total expenses $253K
67%
Management & General
Management & general $47K · Total expenses $253K
19%
Fundraising
Fundraising $35K · Total expenses $253K
14%
Cost to raise $1
Fundraising expense $35K · Solicited contributions $241K
$0.15 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $241K · Total revenue $309K
78%
Government reliance
Government grants — · Total revenue $309K
Earned-income share
Program service revenue $68K · Total revenue $309K
22%
Investment reliance
Investment income $363 · Total revenue $309K
+0.1%
Program self-sufficiency
Program service revenue $68K · Total expenses $253K
27%
Growth & trend
Revenue growth (YoY)
This year $309K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $196K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $309K · Expenses $253K
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $241K
Net-asset ratio
Net assets $196K · Total assets $241K
81%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $241K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Margaret Henley · Reported title EXECUTIVE DIRECTOR · Highest reported compensation $52K · Total expenses $253K
21%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $107K · Total expenses $253K
42%
Peer comparison

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

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 19%
Fundraising cost ratio 15%
Accounting fee ratio 1%

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 →

Similar Organizations

Closest in mission — by what they do
See all organizations like Creative Aging Memphis →

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

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 · ⤓ 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 · viewing · ⤓ 990 PDF

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

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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 peer-cohort and compensation comparisons above.