Soulsville

Organization Overview

Soulsville is located in Memphis, TN. The organization was established in 1998. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Soulsville employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soulsville is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2023, Soulsville generated $4.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $4.3m during the year ending 06/2023. While expenses have increased by 5.9% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE SOULSVILLE FOUNDATION PERPETUATES THE SOUL OF STAX RECORDS BY PRESERVING ITS RICH CULTURAL LEGACY, EDUCATING YOUTH TO BE PREPARED FOR LIFE SUCCESS, AND INSPIRING FUTURE ARTISTS TO ACHIEVE THEIR DREAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF STAX MUSEUM TO ENHANCE THE PRESERVATION AND STUDY OF MUSIC.


TO HELP URBAN YOUTH, PRIMARILY AT RISK, TO DISCOVER AND DEVELOP THEIR MUSICAL TALENTS, IMPROVE THEIR LIFE CHANCES AND ENCOURAGE ACADEMIC EXCELLENCE.


OPERATION OF GIFT SHOP IN CONJUNCTION WITH STAX MUSEUM.


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Board, Officers & Key Employees

Name (title)Compensation
James Maclin
Chairman
$0
Meka Egwuekwe
Secretary
$0
Steve Guinn
Treasurer
$0
Tom Marino
Executive Committee
$0
Beverly Robertson
Executive Committee
$0
Kirby Dockery
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Top Notch Security Inc
Security Services
$269,999
Nickson General Contractors Inc
Contractor Services
$213,943
Fayette Janitorial Service Llc
Cleaning Services
$179,155
Mlgw
Utility Services
$161,051
Vc3 Inc
Computer Services
$153,287
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,552,737
Noncash contributions included in lines 1a–1f $2,800
Total Revenue from Contributions, Gifts, Grants & Similar$2,552,737
Total Program Service Revenue$1,441,409
Investment income $16,764
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$99,229
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $275,590
Miscellaneous Revenue$0
Total Revenue $4,187,271

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