Memphis Rock-n-soul Inc
Only null% goes to programs Strong reserves Growing revenue
Memphis Rock-n-soul Inc is a 501(c)(3) organization based in Memphis, Tennessee, registered in 1996, with $1,606,649 in FY2024 revenue. CharityIndex grades it B.
191 Beale St 100 Plz of Fedx, Memphis, TN, 38103 EIN 62-1632202 Since 1996
Revenue (FY2024)
$1.6M
▼ 35.5% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$1.4M
Net assets
$3.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Memphis Rock-n-soul Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating33 mo reserves · +15% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Memphis Rock-n-soul Inc: 33 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Memphis Rock-n-soul Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Memphis Rock-n-soul Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 191 Beale St 100 Plz of Fedx, Memphis, TN, 38103
- City
- Memphis
- State
- Tennessee
- Category
- Arts, Culture & Humanities
- Subcategory
- Museums
- Website
- …
Financial trends
Revenue grew from $741K (FY2013) to $1.6M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $754KNet assets $3.8M
Operating margin
15.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.5M
Total liabilities
$754K
Net assets
$3.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,606,649▼35.5% | $1,360,298▲3.4% | $3,787,454▲6.4% | $4,541,206▲26.9% | 990 |
| 2023 | $2,491,151▲115% | $1,315,379▲20.3% | $3,561,015▲49.9% | $3,579,135▲49.3% | 990 |
| 2022 | $1,156,104▲103% | $1,093,113▲22.6% | $2,376,330▲17.9% | $2,397,096▲9.5% | 990 |
| 2020 | $568,217▼50.0% | $891,958▼28.6% | $2,016,361▼13.2% | $2,189,014▼7.6% | 990 |
| 2019 | $1,137,562▲17.5% | $1,248,454▲2.8% | $2,322,770▼4.4% | $2,369,613▼6.0% | 990 |
| 2018 | $968,124▼18.9% | $1,214,277▲8.1% | $2,429,047▼9.2% | $2,519,542▼7.1% | 990 |
| 2017 | $1,194,408▲18.5% | $1,122,941▼4.2% | $2,675,200▲2.7% | $2,711,993▲2.6% | 990 |
| 2016 | $1,008,138▲0.6% | $1,171,646▲0.6% | $2,603,733▼5.9% | $2,642,562▼5.9% | 990 |
| 2015 | $1,002,403▼46.7% | $1,164,179▲36.3% | $2,767,241▼5.5% | $2,808,583▼5.3% | 990 |
| 2014 | $1,880,962▲154% | $854,168▲10.7% | $2,929,017▲54.0% | $2,967,050▲54.2% | 990 |
| 2013 | $740,749 | $771,930▼3.8% | $1,902,223▼1.6% | $1,924,764▼1.5% | 990 |
| 2012 | — | $802,080▲14.1% | $1,933,404▲1.1% | $1,953,128▼0.7% | 990 |
| 2011 | — | $703,042▲3.3% | $1,911,501▼2.4% | $1,967,459▼5.7% | 990 |
| 2010 | — | $680,647 | $1,959,435 | $2,086,385 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Grants received · $842K total
5 grants to Memphis Rock-n-soul Inc totaling $842K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation of Greater Memphis Inc | General operational support | 2024 | $250,000 |
| Community Foundation of Greater Memphis Inc | General operational support | 2023 | $516,000 |
| Community Foundation of Greater Memphis Inc | General operational support | 2019 | $50,500 |
| National Philanthropic Tr | Culture & arts | 2019 | $25,000 |
| Community Foundation of Greater Memphis Inc | General operational support | 2018 | $500 |
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Frequently asked questions
- Is Memphis Rock-n-soul Inc a legitimate nonprofit?
- Yes. Memphis Rock-n-soul Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-1632202, based in Memphis, Tennessee. Donations are tax-deductible.
- What is Memphis Rock-n-soul Inc's EIN?
- Memphis Rock-n-soul Inc's Employer Identification Number (EIN) is 62-1632202.
- How much revenue does Memphis Rock-n-soul Inc report?
- Memphis Rock-n-soul Inc reported $1,606,649 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Memphis Rock-n-soul Inc have?
- CharityIndex grades Memphis Rock-n-soul Inc B, based on financial health (reserves and operating margin).
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Data for Memphis Rock-n-soul Inc (EIN 62-1632202) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.