Beale Street Caravan Inc
- Assets
- $158.2k
- Revenue
- $164.0k
- Investments
- $0.0
- Employees
- 4
- Location
- Memphis, TN
- Founding
- 05/2001
- Data as of
- 06/2023
- EIN
- 62-1831745
Organization Overview
Beale Street Caravan Inc is located in Memphis, TN. The organization was established in 2001. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Beale Street Caravan Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beale Street Caravan Inc 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, Beale Street Caravan Inc generated $164.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $175.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (5.8%) per year over the past 8 years. 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
PRODUCE/DISTRIBUTE NON-COMMERCIAL BLUES RADIO SHOW
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEALE STREET CARAVAN IS A WEEKLY NON-COMMERCIAL BLUES RADIO PROGRAM HEARD ON OVER 500 STATIONS WORLDWIDE BY OVER 2.4 MILLION LISTENERS EACH WEEK.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Crivens Exec. Dir. | Officer | 40 | $48,750 |
Kevin Cubbins Exec. Dir. P | Officer | 40 | $46,500 |
Regena Bearden Director | Trustee | 0.5 | $0 |
Elizabeth Montgomery Brown President | OfficerTrustee | 0.5 | $0 |
Isaac Daniel Director | Trustee | 0.5 | $0 |
Amy Koch Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $22,721 |
| All other contributions, gifts, grants, and similar amounts not included above | $141,230 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $163,951 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $163,951 |
| 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. | $56,869 |
| Compensation of current officers, directors, key employees. | $22,598 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $30,460 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,920 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $374 |
| Office expenses | $9,539 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $9,052 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,282 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,052 |
| Insurance | $5,301 |
| All other expenses | $3,065 |
| Total functional expenses | $175,644 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $135,090 |
| Accounts receivable, net | $100 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,314 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $20,688 |
| Total assets | $158,192 |
| Accounts payable and accrued expenses | $38,105 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $137,100 |
| Other liabilities | $0 |
| Total liabilities | $175,205 |
| Net assets without donor restrictions | -$154,703 |
| Net assets with donor restrictions | $137,690 |
| 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 | $158,192 |