Filamemphis Inc

Analysis

Filamemphis Inc is a registered charity in United States, based in Ellendale, TN. It received its IRS tax-exemption ruling in April 1999, 27 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Filamemphis Inc reported income of $84k and spending of $82k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $28k to $84k (+201%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 296%. Over the whole period it spent 90% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Filamemphis Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within TN. Charities of a similar size with the same main cause include Warrick County Museum Inc ($84k), South Camden Theatre Company Inc ($84k) and Lit Youngstown ($84k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.