MEMPHIS, TN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)INDIE MEMPHIS, founded in 2008, is a small nonprofit in the Arts, Culture & Humanities sector that reported $518K in total revenue in fiscal year 2024. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $642K exceeded revenue, resulting in a 24% operating deficit.
TO CREATE COMMUNITY THROUGH INDEPENDENT FILM AND TO SUPPORT THE DEVELOPMENT OF FILMMAKERS.
DURING CALENDAR YEAR 2024, INDIE MEMPHIS SCREENED OVER 50 FILMS AND PARTNERED WITH OTHER REGIONAL NONPROFITS TO PROMOTE FILM AS A CULTURAL AMENITY AND TO DRIVE ECONOMIC DEVELOPMENT. THE 26TH ANNUAL...
DURING CALENDAR YEAR 2024, INDIE MEMPHIS SCREENED OVER 50 FILMS AND PARTNERED WITH OTHER REGIONAL NONPROFITS TO PROMOTE FILM AS A CULTURAL AMENITY AND TO DRIVE ECONOMIC DEVELOPMENT. THE 26TH ANNUAL INDIE MEMPHIS FILM FESTIVAL WAS HELD IN THE FALL OF 2024.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $518,257 | $870,992 | -0.4% |
| Expenses | $641,550 | $1,144,297 | -0.4% |
| Net Income | $-123,293 | $-273,305 | -0.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| KIMEL FRYER | EXECUTIVE DI | 40.00 |
Director
|
$90,000 | $0 | $90,000 |
| PETER COLIN | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| LES FREEMAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| KENN GIBBS | PRESIDENT | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| KELLYN GOWAN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MARTHA HAMPLE | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| PENELOPE HUSTON | VICE PRESIDE | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANTON MACK | PAST PRESIDE | 1.00 |
Director
|
$0 | $0 | $0 |
| JENNIFER MCGRATH | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| GEOFFREY MORRIS | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| ELLE PERRY | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| WHITNEY RAAB | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARCY STAGNER | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $518,257 | $641,550 | $127,297 | $-123,293 |
| 2023 | $1,085,111 | $1,159,990 | $418,248 | $-74,879 |
| 2023 | $870,992 | $1,144,297 | $219,824 | $-273,305 |
| 2022 | $1,133,717 | $807,175 | $553,372 | $326,542 |
| 2021 | $430,243 | $727,269 | $292,836 | $-297,026 |
| 2020 | $788,268 | $665,529 | $498,098 | $122,739 |
| 2019 | $847,922 | $734,285 | $333,894 | $113,637 |
| 2018 | $641,957 | $619,977 | $260,966 | $21,980 |
Compare INDIE MEMPHIS with other nonprofits in Tennessee and across the country.