Music Export Memphis
EIN: 822214830 · Memphis, TN · NTEE: A60
| Metric | Value |
|---|---|
| Total Revenue | $413K |
| Total Expenses | $465K |
| Net Assets | $33K |
Is Music Export Memphis Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Music Export Memphis
Music Export Memphis (EIN: 822214830) is a nonprofit organization based in Memphis, TN, classified under NTEE code A60. The organization reported total revenue of $413K and total assets of $44K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Music Export Memphis's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Music Export Memphis is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 39.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $353K |
| Total Expenses | $465K |
| Surplus / Deficit | $-111,523 |
| Total Assets | $33K |
| Net Assets | $33K |
| Operating Margin | -31.6% |
| Months of Reserves | 0.8 months |
Financial Health Grade: C
In 2023, Music Export Memphis reported a deficit of $112K with expenses exceeding revenue, holds 0.8 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2018–2023), Music Export Memphis's revenue has grown at a compound annual growth rate (CAGR) of 39.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | +48.4% | — |
| 2022 | +14.6% | +76.1% | — |
| 2021 | -25.0% | -49.6% | -100.0% |
| 2020 | +482.1% | +338.5% | +277.5% |
| 2019 | -5.0% | +86.7% | -66.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Music Export Memphis 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 Music Export Memphis 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 $112K, with expenses exceeding revenue.
Frequently Asked Questions about Music Export Memphis
Is Music Export Memphis a legitimate charity?
Based on AI analysis of IRS 990 filings, Music Export Memphis (EIN: 822214830) insufficient data. 0 red flags identified, 0 strengths noted.
How does Music Export Memphis spend its money?
Detailed spending breakdown data is not yet available for Music Export Memphis. Check back for updated IRS 990 analysis.
Are donations to Music Export Memphis tax-deductible?
Music Export Memphis is registered as a tax-exempt nonprofit (EIN: 822214830). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Music Export Memphis located?
Music Export Memphis is headquartered in Memphis, Tennessee and files with the IRS under EIN 822214830. It is classified under NTEE code A60.
How many years of IRS 990 filings does Music Export Memphis have?
Music Export Memphis has 6 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 $413K in total revenue.
Filing History
IRS 990 filing history for Music Export Memphis showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Music Export Memphis's revenue has grown by 418.9%, moving from $68K to $353K. Total assets increased by 30.3% over the same period, from $25K to $33K. Total functional expenses rose by 978.5%, from $43K to $465K. In its most recent filing year (2023), Music Export Memphis reported a deficit of $112K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $353K | $465K | $33K | $0 | — | View 990 |
| 2022 | $324K | $313K | $0 | $0 | — | View 990 |
| 2021 | $283K | $178K | $0 | $0 | — | — |
| 2020 | $377K | $353K | $32K | $0 | — | View 990 |
| 2019 | $65K | $80K | $9K | $0 | — | View 990 |
| 2018 | $68K | $43K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $353K, expenses of $465K, and assets of $33K (revenue +9.1% year-over-year).
- 2022: Revenue of $324K, expenses of $313K, and assets of $0 (revenue +14.6% year-over-year).
- 2021: Revenue of $283K, expenses of $178K, and assets of $0 (revenue -25.0% year-over-year).
- 2020: Revenue of $377K, expenses of $353K, and assets of $32K (revenue +482.1% year-over-year).
- 2019: Revenue of $65K, expenses of $80K, and assets of $9K (revenue -5.0% year-over-year).
- 2018: Revenue of $68K, expenses of $43K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Music Export Memphis:
Data Sources and Methodology
This transparency report for Music Export Memphis 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.