Memphis Equity Through Arts Meta Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2017 | 4,762,428 | 4,430,055 | 332,373 | 1.2 | 25% |
| 2018 | 3,972,937 | 3,368,003 | 604,934 | 3.7 | 37% |
| 2019 | 3,748,170 | 3,422,290 | 325,880 | 4.8 | 34% |
| 2020 | 2,438,668 | 2,719,419 | −280,751 | 4.8 | 39% |
| 2021 | 7,164,597 | 2,606,540 | 4,558,057 | 26.0 | 0% |
| 2022 | 2,544,622 | 3,881,807 | −1,337,185 | 13.2 | 48% |
| 2023 | 2,478,974 | 3,732,390 | −1,253,416 | 9.7 | 47% |
In its most recent public year (2023), this organization spent $1,253,416 more than it brought in. Its reserves stood at about 9.7 months of spending, up from 1.2 in 2017. Staff pay was 47% of spending. $557,458 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
Memphis Equity Through Arts Meta Incorporated'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