Urbanart Commission
- Assets
- $1.9m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 9
- Location
- Memphis, TN
- Founding
- 10/1999
- Data as of
- 06/2023
- EIN
- 62-1791387
Organization Overview
Urbanart Commission is located in Memphis, TN. The organization was established in 1999. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Urbanart Commission employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Urbanart Commission 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, Urbanart Commission generated $1.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $1.1m during the year ending 06/2023. While expenses have increased by 7.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
URBANART IS A NON-PROFIT ORGANIZATION THAT FACILITATES PUBLIC ART PROJECTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADMINISTER THE CITY OF MEMPHIS PERCENT FOR ART PROGRAM. WORK ON A PROJECT BASIS WITH VARIOUS GROUPS TO DEVELOP PROJECTS AND EXPERIENCES THAT ADDRESS QUALITY OF LIFE IN NEIGHBORHOODS THROUGHOUT MEMPHIS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chantal Drake Chair | OfficerTrustee | 1 | $0 |
Mary Haizlip Vice Chair | OfficerTrustee | 1 | $0 |
Laura Gray Mccann Secretary | OfficerTrustee | 1 | $0 |
Nefertiti Orrin Treasurer | OfficerTrustee | 1 | $0 |
Russ Wigginton Director | Trustee | 1 | $0 |
Kojo Mclennon Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Benjamin Butler Artist | 6/29/21 | $168,087 |
Evo Business Environments Interior Construction | 6/29/21 | $111,663 |
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 | $342,412 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,412 |
| Total Program Service Revenue | $780,227 |
| Investment income | $220 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,128,359 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $92,222 |
| Compensation of current officers, directors, key employees. | $27,239 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $229,415 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $26,074 |
| Payroll taxes | $23,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,474 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,368 |
| Advertising and promotion | $15,651 |
| Office expenses | $20,063 |
| Information technology | $7,981 |
| Royalties | $0 |
| Occupancy | $38,238 |
| Travel | $18,325 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,334 |
| Insurance | $6,698 |
| All other expenses | $0 |
| Total functional expenses | $1,143,586 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,103,174 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $545,736 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,740 |
| Net Land, buildings, and equipment | $7,696 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $262,981 |
| Total assets | $1,928,327 |
| Accounts payable and accrued expenses | $34,324 |
| Grants payable | $0 |
| Deferred revenue | $636,762 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $259,322 |
| Total liabilities | $930,408 |
| Net assets without donor restrictions | $568,893 |
| Net assets with donor restrictions | $429,026 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,928,327 |