Memphis Artists For Change
EIN: 814207475 · Memphis, TN · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $741K |
| Total Expenses | $929K |
| Net Assets | $404K |
Is Memphis Artists For Change Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Memphis Artists For Change
Memphis Artists For Change (EIN: 814207475) is a nonprofit organization based in Memphis, TN, classified under NTEE code A20. The organization reported total revenue of $741K and total assets of $213K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Memphis Artists For Change's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Memphis Artists For Change is a small nonprofit that has been operating for 9 years, with 3 years of IRS 990 filings on record (2020–2022). Revenue has grown at a compound annual rate of 203.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $729K |
| Total Expenses | $929K |
| Surplus / Deficit | $-200,007 |
| Total Assets | $404K |
| Net Assets | $404K |
| Operating Margin | -27.4% |
| Months of Reserves | 5.2 months |
Financial Health Grade: B
In 2022, Memphis Artists For Change reported a deficit of $200K with expenses exceeding revenue, holds 5.2 months of operating reserves (adequate).
Financial Trends
Over 3 years of filings (2020–2022), Memphis Artists For Change's revenue has grown at a compound annual growth rate (CAGR) of 203.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -26.9% | +116.7% | -33.9% |
| 2021 | +1160.5% | +901.2% | +1586.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Memphis Artists For Change has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Memphis Artists For Change with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $200K, with expenses exceeding revenue.
Frequently Asked Questions about Memphis Artists For Change
Is Memphis Artists For Change a legitimate charity?
Based on AI analysis of IRS 990 filings, Memphis Artists For Change (EIN: 814207475) insufficient data. 0 red flags identified, 0 strengths noted.
How does Memphis Artists For Change spend its money?
Detailed spending breakdown data is not yet available for Memphis Artists For Change. Check back for updated IRS 990 analysis.
Are donations to Memphis Artists For Change tax-deductible?
Memphis Artists For Change is registered as a tax-exempt nonprofit (EIN: 814207475). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Memphis Artists For Change located?
Memphis Artists For Change is headquartered in Memphis, Tennessee and files with the IRS under EIN 814207475. It is classified under NTEE code A20.
How many years of IRS 990 filings does Memphis Artists For Change have?
Memphis Artists For Change has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $741K in total revenue.
Filing History
IRS 990 filing history for Memphis Artists For Change showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2020–2022), Memphis Artists For Change's revenue has grown by 821.7%, moving from $79K to $729K. Total assets increased by 1014.9% over the same period, from $36K to $404K. Total functional expenses rose by 2069.8%, from $43K to $929K. In its most recent filing year (2022), Memphis Artists For Change reported a deficit of $200K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $729K | $929K | $404K | $0 | — | View 990 |
| 2021 | $996K | $429K | $612K | $7K | — | — |
| 2020 | $79K | $43K | $36K | $0 | — | — |
Year-by-Year Financial Summary
- 2022: Revenue of $729K, expenses of $929K, and assets of $404K (revenue -26.9% year-over-year).
- 2021: Revenue of $996K, expenses of $429K, and assets of $612K (revenue +1160.5% year-over-year).
- 2020: Revenue of $79K, expenses of $43K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Memphis Artists For Change:
Data Sources and Methodology
This transparency report for Memphis Artists For Change is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.