Memphis & Shelby County Film and Television Commission Foundation

Analysis

Memphis & Shelby County Film and Television Commission Foundation is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in December 1987, 39 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Memphis & Shelby County Film and Television Commission Foundation reported income of $400k and spending of $436k, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $393k to $400k (+1.8%), an average of +0.4% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Memphis & Shelby County Film and Television Commission Foundation sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within TN. Charities of a similar size with the same main cause include Safe Harbors ($400k), Hubbard College of Administration ($400k) and Recurrent Respiratory Papillomatosis Foundation ($400k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $193k against liabilities of $70k, net assets of $123k.