Memphis in May International Festival Inc.

Interesting data from their 2020 990 filing

The filing outlines the non-profit's goal as “Organized for the purpose of providing and supporting recreational, educational, social and cultural events and activities, for the celebration of the city of memphis, people of memphis, and the people of other cultures and countries of the world by introducing memphis to the world and the world to memphis through these annual events and activities that honor a selected country of the world.”.

When explaining its purpose, the activities were outlined as: “Organized for the purpose of providing and supporting recreational, educational, social and cultural events and activities, for the celebration of the city of memphis, people of memphis, and the people of other cultures and countries of the world by introducing memphis to the world and the world to memphis through these annual events and activities that honor a selected country of the world.”.

• As per legal reporting requirements, the state of operation for the non-profit is TN.
• The non-profit's address for 2020 is listed as 64 SOUTH MENDENHALL, MEMPHIS, TN, 38117 in the filing.
• As per the non-profit's form, they have 17 employees as of 2020.
• Does not operate a hospital.
• Does not operate a school.
• Collects art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor advised fund.
• Is not a private foundation.
• Expenses are greater than $1,000,000.
• Revenue is greater than $1,000,000.
• Revenue less expenses is $596,195.
• The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 20 independent voting members.
• The organization was formed in 1977.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule B.
• The organization is required to file Schedule J.
• The organization is required to file Schedule O.
• The organization engages in lobbying activities.
• The organization pays $1,753,528 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization provides Form 990 to its governing body.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.
• The organization's financial statements were reviewed by an accountant.