Overview
What is Indie Memphis?
Indie Memphis is a vibrant nonprofit organization based in Memphis, Tennessee, specifically located at 1910 Madison Ave 632, with a team of six dedicated individuals. Their mission is to foster a sense of community through independent film and to aid in the growth of aspiring filmmakers. Throughout the year 2022, they screened over 150 films, collaborating with various regional nonprofits to promote film as a vital cultural asset and drive economic development. Notably, they held their 25th annual film festival in October 2022. By doing so, Indie Memphis plays a significant role in enriching the local artistic scene and nurturing the talents of up-and-coming filmmakers.
Official website here: www.indiememphis.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92% (Four-Star out of Four Star Rating)
Indie Memphis has achieved a Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The organization scored 92% overall, with a perfect score in several key areas, including having an entirely independent board and a robust program expense ratio of 86.50%. This indicates that a significant portion of its funding is directed towards its programs rather than administrative costs, a positive sign for donors looking to maximize impact.
The evaluation also highlighted strengths in governance practices, such as having a comprehensive audit and oversight committee, and the absence of any material diversion of assets, which reflects fiscal integrity. However, the organization does lack a whistleblower policy, which could be seen as a limitation in terms of governance and transparency. Despite this gap, the overall financial health and accountability metrics demonstrate a commitment to responsible stewardship of resources.
In summary, Indie Memphis presents itself as a well-managed nonprofit that prioritizes transparency and effective use of funds. While there is room for improvement in governance policies, the strong financial oversight and independent board structure contribute to its high rating, making it a trustworthy option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is Indie Memphis legitimate?
Indie Memphis is a legitimate nonprofit organization registered as a 501(c)(3) entity. Indie Memphis submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $22,650
Professional Fundraising Fees: $0
Other Salaries and Wages: $300,625
For more financial information, click here
Official website here: www.indiememphis.com
What is the mission statement of Indie Memphis?
Indie Memphis, as an organization, strives to foster a community through the medium of independent film. Their mission is twofold: to showcase independent films and support the growth of filmmakers. During the year 2022, they screened over 150 films and collaborated with regional non-profit organizations to promote film as a cultural asset, contributing to economic development. The 25th annual Indie Memphis Film Festival was held in October of the same year. This event served as a platform to celebrate independent cinema and nurture emerging filmmakers.
Official website here: www.indiememphis.com
Who is the CEO of Indie Memphis?
Kimel Fryer is the Executive Di of Indie Memphis.
Official website here: www.indiememphis.com
What is the revenue of Indie Memphis?
Indie Memphis's revenue in 2022 was $1,133,717.
Official website here: www.indiememphis.com
Who are the executives of Indie Memphis and what are their salaries?
The average compensation at Indie Memphis during 2022 was $53,879. There are 6 employees and 75 volunteers at Indie Memphis.
Here are 12 key members and their salaries:
- Compensation: $22,650
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Official website here: www.indiememphis.com
Where can I find the form 990 for Indie Memphis?
Indie Memphis's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.indiememphis.com
Learn more at the official website: www.indiememphis.com
Mission Statement of Indie Memphis
Indie Memphis, a nonprofit organization, is committed to fostering a sense of community through independent film and nurturing the growth of filmmakers. Their primary mission is twofold: to promote the art of independent film and to provide a supportive environment for burgeoning filmmakers. In accomplishing this mission, Indie Memphis screened over 150 films during 2022, collaborating with other regional nonprofits to elevate film as a cultural asset and stimulate economic development. Moreover, in October 2022, the organization held its 25th annual film festival, further showcasing its dedication to the independent film scene and the filmmakers it serves.
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Impact
October, 2024
Indie Memphis significantly enhances the cultural landscape of Memphis by promoting independent film and supporting local filmmakers. In 2022 alone, it screened over 150 films, cultivating a vibrant community where artistry and creativity can thrive. By partnering with regional film organizations, Indie Memphis not only advocates for film as an essential cultural asset but also drives economic development within the city. The 25th Annual Indie Memphis Film Festival in October 2022 showcased this commitment, drawing attention to both emerging and established filmmakers and positioning Memphis as a key hub for independent cinema. This initiative creates opportunities for collaboration, engagement, and growth within the arts community, further enriching the city’s cultural fabric.
This information is meant to be a general summary of Indie Memphis. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $421
- Program Service Revenue: $159,332
- Gross Receipts: $1,133,717
Assets and Liabilities:
- Total Assets: $553,372
- Total Liabilities: $80,134
- Net Assets: $473,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$122,961
FILMMAKER SUBMISSION FEES
Revenue
$36,371
Organization Details
Founding Year
2008
Phone
(901) 214-5171Principal Officer
Kimel Fryer
Main Address
1910 MADISON AVE 632, MEMPHIS, TN, 38104
Website
www.indiememphis.comNTEE Category
Code: A31 - Arts
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