Memphis Center For Urban Theological Studies Inc
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 18
- Location
- Memphis, TN
- Founding
- 11/2002
- Data as of
- 06/2022
- EIN
- 73-1659021
Organization Overview
Memphis Center For Urban Theological Studies Inc is located in Memphis, TN. The organization was established in 2002. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Memphis Center For Urban Theological Studies Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Memphis Center For Urban Theological Studies 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 06/2022, Memphis Center For Urban Theological Studies Inc generated $150.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (70.8%) each year. All expenses for the organization totaled $8.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
MEMPHIS CENTER FOR URBAN THEOLOGICAL STUDIES (MCUTS) PROVIDED AFFORDABLE ACCESSIBLE CHRIST CENTERED THEOLOGICAL EDUCATION FOR LEADERS IN THE URBAN COMMUNITY. IN 2021 MCUTS BOARD OF DIRECTORS VOTED TO DISSOLVE THE ORGANIZATION AND DISTRIBUTE THE ASSETS TO A DONOR ADVISED FUND THAT WILL ULTIMATELY BENEFIT UNION UNIVERSITY; THEREFORE, THERE ARE NO PROGRAM EXPENSES FOR THE YEAR ENDED JUNE 30, 2022. THE REMAINING ASSETS WERE DISTRUBUTED TO UNION IN NOVEMBER 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lon Magness Secretary/ Treasurer | 5 | $0 | |
Melvin Watkins Director | 2 | $0 | |
Dan Patterson Chairman | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $150 |
| Total Revenue | $150 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $8,655 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20 |
| Total expenses | $8,675 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $0 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Memphis Center For Urban Theological Studies Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
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