The Mystic Society Of The Memphi

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 581578111 ✦ Memphis, TN ✦ Designated as a 501(c)(7)

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Overview

What is The Mystic Society Of The Memphi?

The Mystic Society of Memphis is a social club based in Memphis, Tennessee, with a postal address of PO Box 771376. This nonprofit organization is renowned for its annual celebration of Carnival Memphis, which serves as a local equivalent to Mardi Gras. The society sponsors various events and parties for its members and guests, leading up to this grand celebration in early June. The primary objective of Carnival Memphis is to promote Memphis as an exceptional city and workplace, while annually recognizing an industry that significantly impacts the Mid-South's economy. As one of the eleven "Grand Krewes of Carnival Memphis," the Mystic Society contributes to the civic mission and charitable endeavors of the event. These efforts have a positive impact on local children's charities, further solidifying the organization's commitment to the community. The society's main celebration includes the induction of the King and the Grand Costume Ball, making it a significant part of Memphis' cultural landscape.


Official website here: www.mysticsocietyofthememphi.wildapricot

Is The Mystic Society Of The Memphi legitimate?

The Mystic Society Of The Memphi is a legitimate nonprofit organization registered as a 501(c)(7) entity. The Mystic Society Of The Memphi 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mysticsocietyofthememphi.wildapricot

What is the mission statement of The Mystic Society Of The Memphi?

The Mystic Society of Memphi, acting as a social club, organizes annual parties and events leading up to the celebration of Carnival in early June. This event serves to promote Memphis as an attractive city and workplace, while also recognizing an industry that significantly impacts the Mid-South's economy. As one of the eleven "Grand Krewes of Carnival Memphis," the society supports the civic mission and charitable endeavors of Carnival Memphis. These efforts primarily benefit local children's charities, contributing positively to the community.


Official website here: www.mysticsocietyofthememphi.wildapricot

What is the revenue of The Mystic Society Of The Memphi?

The Mystic Society Of The Memphi's revenue in 2024 was $327,916.


Official website here: www.mysticsocietyofthememphi.wildapricot

Who are the executives of The Mystic Society Of The Memphi and what are their salaries?

There 28 volunteers at The Mystic Society Of The Memphi.

Here are 8 key members and their salaries:


Tom Baker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shellie G Mccain Jr (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joey Dudek (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Black (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard R Roberts (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dabney Collier (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Taylor (Membership Contact)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kenny Charbonnet (Vice Chairman/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mysticsocietyofthememphi.wildapricot

Where can I find the form 990 for The Mystic Society Of The Memphi?

The Mystic Society Of The Memphi's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.mysticsocietyofthememphi.wildapricot

Learn more at the official website: www.mysticsocietyofthememphi.wildapricot

Mission Statement of The Mystic Society Of The Memphi

The Mystic Society of Memphis, as a social club, hosts annual parties and events leading up to the celebration of Carnival in early June. This event serves to promote Memphis as an exceptional city and workplace. The society is recognized as one of the eleven 'Grand Krewes of Carnival Memphis,' a group that supports the civic mission and charitable endeavors of Carnival Memphis, which ultimately benefits local children's charities. By doing so, The Mystic Society of Memphis contributes to the betterment of the community, using its social events as a means to support worthwhile causes.

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Impact




October, 2024

The Mystic Society Of The Memphi significantly enriches the cultural and social fabric of Memphis through its vibrant engagement with the community. By sponsoring a series of parties and events leading to the annual Carnival celebration, it creates a lively atmosphere that fosters camaraderie among its members and their guests. This engagement not only strengthens social bonds but also promotes local pride and community spirit.

During Carnival Week, which mirrors the festive energy of Mardi Gras, the society plays a crucial role in highlighting Memphis as a desirable city and workplace. By selecting and celebrating a specific industry each year, it draws attention to sectors that are vital to the economic landscape of the Mid-South, thus enhancing local awareness and supporting economic development.

Furthermore, the Mystic Society Of The Memphi's commitment to the civic mission of Carnival Memphis extends to philanthropy. By supporting local children's charities through its fundraising efforts, the society makes a direct and positive impact on the lives of young residents. This combination of social celebration, economic advocacy, and charitable support ensures that the society is a key contributor to both the vibrant culture and the well-being of the community in Memphis.




This information is meant to be a general summary of The Mystic Society Of The Memphi. 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.

Revenue
$327,916 (2024)
Expenses
$309,273 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $11,857
  • Program Service Revenue: $168,043
  • Gross Receipts: $331,141

Assets and Liabilities:

  • Total Assets: $308,033
  • Total Liabilities: $550
  • Net Assets: $307,483

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CARNIVAL WEEK

Revenue

$66,475

MID-WINTER BALL

Revenue

$50,575

OTHER PROGRAM EVENTS

Revenue

$22,923

FALL PARTY

Revenue

$18,240

LUNCHEON

Revenue

$9,830

Organization Details

Founding Year

1934

Principal Officer

Shellie G Mccain

NTEE Category

Code: Z99 - Unknown

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