Music Export Memphis

EIN: 822214830 501(c)(3) Arts, Culture & Humanities

Memphis, TN

Total Revenue
$442,693
Total Expenses
$461,618
Total Assets
$20,546
Net Assets
$-30,548
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TN
Principal Officer
Chris Duncan
Phone
9012729471
Tax Period
2025-01-01 to 2025-12-31

Music Export Memphis, founded in 2017, is a small nonprofit in the Arts, Culture & Humanities sector that reported $443K in total revenue in fiscal year 2025.

Mission

Create opportunities for Memphis artists to showcase their music, the City of Memphis, and provide financial relief, when needed, for music professionals.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $442,693
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $442,693

Expense Breakdown

Grants Paid $75,870
Salaries & Benefits $175,956
Fundraising Expenses $0
Program Expenses $242,578
Other Expenses $209,792
TOTAL EXPENSES $461,618

Year-over-Year Comparison

2025 2024 Change
Revenue $442,693 $412,991 +0.1%
Expenses $461,618 $476,975 0.0%
Net Income $-18,925 $-63,984 -0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
15
Independent Members
15
Employees
2
Volunteers
25

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
0
$0
Total Directors
16
$105,083
Key Employees
1
$105,083
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Baylee Less-Eiseman Development chair 1.00
Director
$0 $0 $0
Leah Gafni Board Chair 1.00
Director
$0 $0 $0
Chris Duncan Immediate Past Chair 1.00
Director
$0 $0 $0
James Dukas Board Member 1.00
Director
$0 $0 $0
James Huang Treasurer 1.00
Director
$0 $0 $0
Hemant Gupta Board Member 1.00
Director
$0 $0 $0
Jack Torregrossa Vice Chair/Chair-elect 1.00
Director
$0 $0 $0
Shelby Smith Board Member 1.00
Director
$0 $0 $0
Elizabeth Hornor Secretary 1.00
Director
$0 $0 $0
Weetie Haygood Board Member 1.00
Director
$0 $0 $0
Anna Traverse Board Member 1.00
Director
$0 $0 $0
Tucker Carr Board Member 1.00
Director
$0 $0 $0
Dorcas Young Griffin Board Member 1.00
Director
$0 $0 $0
Corliss Shaw Board Member 1.00
Director
$0 $0 $0
Jay Hoffman Board Member 1.00
Director
$0 $0 $0
Elizabeth Cawein Executive Director 40.00
Director Key Emp
$105,083 $0 $105,083
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $442,693 $461,618 $20,546 $-18,925
2024 $412,991 $476,975 $43,752 $-63,984
2023 $353,377 $464,900 $32,677 $-111,523
2022 $323,852 $313,209 No data $10,643
2021 $282,508 $177,898 No data $104,610
2020 $376,514 $352,908 $32,113 $23,606
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