CARPENTER ART GARDEN

EIN: 822322015 501(c)(3) Education

MEMPHIS, TN

Total Revenue
$554,857
Total Expenses
$690,637
Total Assets
$678,022
Net Assets
$655,320
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
TN
Principal Officer
AYANNA MURRAY
Phone
9012493577
Tax Period
2024-08-01 to 2025-07-31

CARPENTER ART GARDEN, founded in 2017, is a small nonprofit in the Education sector that reported $555K in total revenue in fiscal year 2024. Expenses of $691K exceeded revenue, resulting in a 24% operating deficit.

Mission

THE MISSION OF THE CARPENTER ART GARDEN IS TO WORK WITH CHILDREN AND FAMILIES OF UNDER RESOURCED NEIGHBORHOODS TO PROMOTE EACH CHILD'S CREATIVE POTENTIAL AND SELF-WORTH THROUGH EXPOSURE TO ARTISTIC, EDUCATIONAL, AND VOCATIONAL PROGRAMS. THE GARDEN'S VISION IS TO EMPOWER THESE CHILDREN TO CREATE THEIR BEST FUTURES.

Program Service Accomplishments

Program 1
Expenses: $70,024

ART GARDENTHE GARDEN IS A CREATIVE SPACE WHERE CHILDREN GATHER EACH TUESDAY TO CREATE ART, EXPERIENCE PERFORMANCES AND BUILD RELATIONSHIPS WITH ONE ANOTHER, STAFF, AND VOLUNTEERS. ESTIMATED...

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ART GARDENTHE GARDEN IS A CREATIVE SPACE WHERE CHILDREN GATHER EACH TUESDAY TO CREATE ART, EXPERIENCE PERFORMANCES AND BUILD RELATIONSHIPS WITH ONE ANOTHER, STAFF, AND VOLUNTEERS. ESTIMATED INDIVIDUALS SERVED 100

Program 2
Expenses: $142,469

ART EDUCATIONTHE ART EDUCATION PROGRAM IS THE CORNERSTONE OF CARPENTER ART GARDEN (CAG), SERVING YOUTH AGES 7-18. THROUGH CAREFULLY DESIGNED CURRICULUM AND HANDS-ON CREATIVE PRACTICE WITH...

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ART EDUCATIONTHE ART EDUCATION PROGRAM IS THE CORNERSTONE OF CARPENTER ART GARDEN (CAG), SERVING YOUTH AGES 7-18. THROUGH CAREFULLY DESIGNED CURRICULUM AND HANDS-ON CREATIVE PRACTICE WITH PROFESSIONAL TEACHING ARTISTS, THE PROGRAM NURTURES IMAGINATION, SELF-EXPRESSION, AND PERSONAL GROWTH. STUDENTS ENGAGE IN SMALL GROUP ART CLASSES, MURALS, FOLK ART, FASHION DESIGN, PHOTOGRAPHY, MUSIC, AND PERFORMANCE ARTS, ALONG WITH IMMERSIVE MULTI-DAY ART FIELD TRIPS. VISITING ARTISTS LEAD WORKSHOPS THAT INTRODUCE STUDENTS TO THE SKILLS AND KNOWLEDGE OF PROFESSIONAL ARTISTS WHILE FOSTERING LEADERSHIP, COLLABORATION, AND LIFE SKILLS THAT SUPPORT SUCCESS IN ANY CAREER. THE PROGRAM CULMINATES IN A PUBLIC EXHIBITION AND PERFORMANCES OF STUDENT WORK AT OUR ANNUAL HOLIDAY SHOW. OFFERED YEAR-ROUND, ART EDUCATION PROVIDES AFTERSCHOOL, SPRING BREAK, AND SUMMER ARTS AND MINDFULNESS ACTIVITIES, EMPHASIZING EXPLORATION, ACCESS, AND HEALING THROUGH CREATIVE PRACTICE. ESTIMATED INDIVIDUALS SERVED 125

Program 3
Expenses: $192,026 Revenue: $8,354

ART INTERVENTIONART INTERVENTION ADDRESSES SYSTEMIC CHALLENGES ASSOCIATED WITH POVERTY, INCLUDING FOOD INSECURITY, UNEMPLOYMENT, LIMITED YOUTH JOB TRAINING, TRANSPORTATION BARRIERS, AND EDUCATIONAL...

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ART INTERVENTIONART INTERVENTION ADDRESSES SYSTEMIC CHALLENGES ASSOCIATED WITH POVERTY, INCLUDING FOOD INSECURITY, UNEMPLOYMENT, LIMITED YOUTH JOB TRAINING, TRANSPORTATION BARRIERS, AND EDUCATIONAL GAPS. CARPENTER ART GARDEN PROVIDES ACCESS TO FRESH PRODUCE THROUGH TWO COMMUNITY GARDENS, OFFERS HANDS-ON JOB TRAINING AND APPRENTICESHIPS VIA ITS YOUTH WORKFORCE DEVELOPMENT PROGRAM, AND SUPPORTS LEARNING THROUGH PROJECT-BASED EDUCATION INITIATIVES. THE PROGRAM ENGAGES THE BROADER COMMUNITY THROUGH EVENTS SUCH AS THE ANNUAL HARVEST FESTIVAL AND HAMP HOLIDAY PARADE, LEADS NEIGHBORHOOD IMPROVEMENT PROJECTS, AND PARTICIPATES IN NATIONAL NIGHT OUT TO FOSTER CIVIC ENGAGEMENT AND STRENGTHEN LOCAL CONNECTIONS. TO EXPAND HORIZONS, STUDENTS ALSO PARTICIPATE IN AN ANNUAL ARTS AND CULTURE IMMERSION TRIP, EXPOSING THEM TO CREATIVE EXPERIENCES BEYOND MEMPHIS. ESTIMATED INDIVIDUALS SERVED 100

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $526,954
Program Service Revenue $8,354
Investment Income $19,549
Other Revenue $0
TOTAL REVENUE $554,857

Expense Breakdown

Grants Paid $0
Salaries & Benefits $475,549
Fundraising Expenses $92,916
Program Expenses $404,519
Other Expenses $215,088
TOTAL EXPENSES $690,637

Year-over-Year Comparison

2024 2023 Change
Revenue $554,857 $578,430 0.0%
Expenses $690,637 $666,442 +0.0%
Net Income $-135,780 $-88,012 +0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
28
Volunteers
180

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
5
$58,073
Total Directors
8
$0
Key Employees
1
$24,236
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNA VESCOVO BOARD SECRETARY 1.00
Officer Director
$0 $0 $0
DR RUSH WALLER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
ANDREANA SMITH TREASURER 1.00
Officer Director
$0 $0 $0
JANE PATE DIRECTOR 1.00
Director
$0 $0 $0
KATIE SILVERFIELD DIRECTOR 1.00
Director
$0 $0 $0
BLAKE BURR DIRECTOR 1.00
Director
$0 $0 $0
BRIAN KWOBA DIRECTOR 1.00
Director
$0 $0 $0
AYANNA MURRAY PRESIDENT 1.00
Officer Director
$0 $0 $0
VANESSA CHAVEZ-ASFORIS EXECUTIVE DIRECTOR 40.00
Officer
$58,073 $0 $58,073
KIERRA DAVIS DIRECTOR OF OPERATIONS 40.00
Key Emp
$24,236 $0 $24,236
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 $554,857 $690,637 $678,022 $-135,780
2024 $578,430 $666,442 $809,356 $-88,012
2023 $582,575 $490,234 $869,457 $92,341
2022 $562,915 $449,401 $781,187 $113,514
2021 $481,958 $371,652 $678,712 $110,306
2020 $410,660 $490,380 $547,183 $-79,720
2019 $338,198 $514,855 $649,320 $-176,657
2018 $1,016,233 $288,427 $949,588 $727,806
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