990 Scout/ Arts Memphis/ Financials

Financial Information for Arts Memphis

Arts Memphis's annual revenue was $2.0M in tax year 2024, reported on their IRS Form 990. They spent $3.1M in total expenses. 70% went to programs and services.

Financial Breakdown

What is Arts Memphis's total annual expenses?

Arts Memphis spent $3.1M in tax year 2024, according to their IRS Form 990 filing.

How much of Arts Memphis's budget goes to programs?

Arts Memphis spent $2.2M (70% of expenses) on programs and services in tax year 2024.

How much does Arts Memphis spend on overhead?

Arts Memphis's overhead in tax year 2024 includes administrative (10%) and fundraising (20%) of their expenses.

What is Arts Memphis's net worth?

Arts Memphis had net assets of $22.9M as of the end of tax year 2024.

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All figures are reported on the organization's IRS Form 990 filing and are public record. Revenue and expense data come from Form 990 Part I, and asset data comes from the balance sheet section. These are filed amounts as reported by the organization.