Indie Memphis
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 217,361 | 177,822 | 39,539 | 4.4 | 37% |
| 2012 | 286,590 | 241,617 | 44,973 | 5.4 | 31% |
| 2013 | 275,859 | 282,558 | −6,699 | 4.4 | 36% |
| 2014 | 279,683 | 333,133 | −53,450 | 1.8 | 36% |
| 2015 | 296,129 | 198,724 | 97,405 | 8.9 | 14% |
| 2016 | 405,161 | 370,457 | 34,704 | 5.9 | 19% |
| 2017 | 520,636 | 552,035 | −31,399 | 3.3 | 20% |
| 2018 | 641,957 | 619,977 | 21,980 | 4.0 | 22% |
| 2019 | 847,922 | 734,285 | 113,637 | 5.2 | 32% |
| 2020 | 788,268 | 665,529 | 122,739 | 8.0 | 43% |
| 2021 | 430,243 | 727,269 | −297,026 | 2.4 | 35% |
| 2022 | 1,133,717 | 807,175 | 326,542 | 7.0 | 40% |
| 2023 | 1,085,111 | 1,159,990 | −74,879 | 4.1 | 35% |
In its most recent public year (2023), this organization spent $74,879 more than it brought in. Its reserves stood at about 4.1 months of spending. Staff pay was 35% of spending. $177,750 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Indie Memphis's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works