Memphis & Shelby County Film And Television Commission Foundation
EIN: 621287896 · Memphis, TN
| Metric | Value |
|---|---|
| Total Revenue | $426K |
| Total Expenses | $436K |
| Net Assets | $123K |
Is Memphis & Shelby County Film And Television Commission Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Memphis & Shelby County Film And Television Commission Foundation
Memphis & Shelby County Film And Television Commission Foundation (EIN: 621287896) is a nonprofit organization based in Memphis, TN. The organization reported total revenue of $426K and total assets of $174K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Memphis & Shelby County Film And Television Commission Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Memphis & Shelby County Film And Television Commission Foundation is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $400K |
| Total Expenses | $436K |
| Surplus / Deficit | $-36,166 |
| Total Assets | $193K |
| Total Liabilities | $70K |
| Net Assets | $123K |
| Operating Margin | -9.0% |
| Debt-to-Asset Ratio | 36.3% |
| Months of Reserves | 5.3 months |
Financial Health Grade: B
In 2023, Memphis & Shelby County Film And Television Commission Foundation reported a deficit of $36K with expenses exceeding revenue, holds 5.3 months of operating reserves (adequate), has a debt-to-asset ratio of 36.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Memphis & Shelby County Film And Television Commission Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +11.4% | -23.4% |
| 2022 | -0.7% | +0.5% | +55.8% |
| 2021 | -9.1% | +3.5% | -20.4% |
| 2020 | +12.8% | -5.7% | +120.0% |
| 2019 | +12.3% | +12.5% | -6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Memphis & Shelby County Film And Television Commission Foundation 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 & Shelby County Film And Television Commission Foundation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.3%.
Frequently Asked Questions about Memphis & Shelby County Film And Television Commission Foundation
Is Memphis & Shelby County Film And Television Commission Foundation a legitimate charity?
Memphis & Shelby County Film And Television Commission Foundation (EIN: 621287896) is a registered tax-exempt nonprofit based in Tennessee. It has 13 years of IRS 990 filings on record. Total revenue: $426K. No red flags identified. Financial health grade: B.
How does Memphis & Shelby County Film And Television Commission Foundation spend its money?
Memphis & Shelby County Film And Television Commission Foundation reported $426K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Memphis & Shelby County Film And Television Commission Foundation tax-deductible?
Memphis & Shelby County Film And Television Commission Foundation is registered as a tax-exempt nonprofit (EIN: 621287896). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Memphis & Shelby County Film And Television Commission Foundation located?
Memphis & Shelby County Film And Television Commission Foundation is headquartered in Memphis, Tennessee and files with the IRS under EIN 621287896.
How many years of IRS 990 filings does Memphis & Shelby County Film And Television Commission Foundation have?
Memphis & Shelby County Film And Television Commission Foundation has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $426K in total revenue.
Filing History
IRS 990 filing history for Memphis & Shelby County Film And Television Commission Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Memphis & Shelby County Film And Television Commission Foundation's revenue has declined by 10.9%, moving from $449K to $400K. Total assets increased by 85.4% over the same period, from $104K to $193K. Total functional expenses fell by 0.1%, from $436K to $436K. In its most recent filing year (2023), Memphis & Shelby County Film And Television Commission Foundation reported a deficit of $36K, with expenses exceeding revenue. The organization holds $70K in liabilities against $193K in assets (debt-to-asset ratio: 36.3%), resulting in net assets of $123K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $400K | $436K | $193K | $70K | — | — |
| 2022 | $400K | $392K | $252K | $93K | — | View 990 |
| 2021 | $403K | $390K | $162K | $11K | — | View 990 |
| 2020 | $443K | $376K | $203K | $55K | — | View 990 |
| 2019 | $393K | $399K | $92K | $11K | — | View 990 |
| 2018 | $350K | $355K | $98K | $11K | — | View 990 |
| 2017 | $350K | $344K | $109K | $17K | — | — |
| 2016 | $350K | $323K | $104K | $18K | — | View 990 |
| 2015 | $300K | $307K | $82K | $23K | — | View 990 |
| 2014 | $300K | $309K | $82K | $16K | — | View 990 |
| 2013 | $300K | $317K | $115K | $41K | — | View 990 |
| 2012 | $439K | $460K | $112K | $59K | — | View 990 |
| 2011 | $449K | $436K | $104K | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $400K, expenses of $436K, and assets of $193K (revenue +0.0% year-over-year).
- 2022: Revenue of $400K, expenses of $392K, and assets of $252K (revenue -0.7% year-over-year).
- 2021: Revenue of $403K, expenses of $390K, and assets of $162K (revenue -9.1% year-over-year).
- 2020: Revenue of $443K, expenses of $376K, and assets of $203K (revenue +12.8% year-over-year).
- 2019: Revenue of $393K, expenses of $399K, and assets of $92K (revenue +12.3% year-over-year).
- 2018: Revenue of $350K, expenses of $355K, and assets of $98K (revenue +-0.0% year-over-year).
- 2017: Revenue of $350K, expenses of $344K, and assets of $109K (revenue +0.0% year-over-year).
- 2016: Revenue of $350K, expenses of $323K, and assets of $104K (revenue +16.7% year-over-year).
- 2015: Revenue of $300K, expenses of $307K, and assets of $82K (revenue +0.0% year-over-year).
- 2014: Revenue of $300K, expenses of $309K, and assets of $82K (revenue +0.0% year-over-year).
- 2013: Revenue of $300K, expenses of $317K, and assets of $115K (revenue -31.6% year-over-year).
- 2012: Revenue of $439K, expenses of $460K, and assets of $112K (revenue -2.3% year-over-year).
- 2011: Revenue of $449K, expenses of $436K, and assets of $104K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Memphis & Shelby County Film And Television Commission Foundation:
Data Sources and Methodology
This transparency report for Memphis & Shelby County Film And Television Commission Foundation 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.