Nonprofit · EIN 23-7308001
MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC
Tax-exempt · MEMPHIS, TN 38103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $2,393,357 | $3,047,407 | -$654,050 | $818,408 | $235,994 | $582,414 |
| July 31, 2024 | 990 | $2,461,409 | $3,177,653 | -$716,244 | $1,648,924 | $416,201 | $1,232,723 |
| July 31, 2023 | 990 | $8,286,107 | $11,713,819 | -$3,427,712 | $5,430,497 | $3,481,530 | $1,948,967 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $1,258,230
- Program service revenue
- $1,102,550
- Investment income
- $23,912
- Net income from sales of inventory
- -$2,989
- Other revenue
- $8,665
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $390,157
- Other salaries and wages
- $320,274
- Salaries, compensation and benefits (total)
- $856,649
- Professional fundraising fees
- $0
- Occupancy
- $114,793
- Travel
- $13,264
- Depreciation
- $40,200
- Program services (functional)
- $2,527,920
- Management and general (functional)
- $519,487
Balance sheet and other
- Total assets, start of year
- $1,648,924
- Total assets, end of year
- $818,408
- Total liabilities, end of year
- $235,994
- Net assets, end of year
- $582,414
- Land, buildings and equipment
- $508,687
- Net assets without donor restrictions
- $582,414
- Gross receipts
- $2,437,894
- Employees
- 8
- Volunteers
- 357
- Year formed
- 1977
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES L HOLT | PAST PRESIDENT AND CEO Officer | 40 | $215,050 | $6,757 |
| MACK WEAVER | CEO & PRESIDENT Officer | 40 | $157,979 | $14,247 |
| KEVIN GROTHE | EXECUTIVE VICE PRESIDENT Officer | 40 | $125,723 | $12,856 |
| RANDY M BLEVINS | PAST VP OF MARKETING Officer | 40 | $106,797 | $8,573 |
| AL GOSSETT | CHAIR Trustee or director | 2 | $0 | $0 |
| ANDREW RUSSELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BRETT MULLIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHARLES EWING | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DOUG BROWNE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DR LASONYA HALL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ERNEST STRICKLAND | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| HOWARD ROBERTSON | CHAIR ELECT Trustee or director | 2 | $0 | $0 |
| JENNIFER RICHARDSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| LEIGH SHOCKEY | FORMER CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| MICKELL LOWERY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MINA BECTON | BOARD MEMBER Trustee or director | 2 | $0 |
| PAT TIGGRETT | BOARD MEMBER Trustee or director | 2 | $0 |
| RON COLEMAN | BOARD MEMBER Trustee or director | 2 | $0 |
| SHAWN DANKO | BOARD MEMBER Trustee or director | 2 | $0 |
| TED TOWNSEND | BOARD MEMBER Trustee or director | 2 | $0 |
| VELVET GRAHAM | SECRETARY Trustee or director, Officer | 2 | $0 |
| VICKI BUCK | VOLUNTEER REPRESENTATIVE Trustee or director | 2 | $0 |
| WAYNE TABOR | TREASURER Trustee or director, Officer | 2 | $0 |
| YOLANDA COOPER-SUTTON | BOARD MEMBER Trustee or director | 2 | $0 |
| FLOYD BENSON | VICE PRESIDENT OPERATIONS Officer | 40 | $0 |
990 for the year ended July 31, 2024: 23 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES L HOLT | PAST PRESIDENT AND CEO Officer | 40 | $197,230 | $14,126 |
| MACK WEAVER | CEO AND PRESIDENT Officer | 40 | $160,990 | $13,322 |
| KEVIN GROTHE | VP OF SPONSORSHIP Officer | 40 | $142,627 | $11,966 |
| RANDY M BLEVINS | VP OF MARKETING Officer | 40 | $114,693 | $0 |
| LEIGH SHOCKEY | PAST CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| AL GOSSETT | CHAIRMAN Trustee or director | 2 | $0 | $0 |
| DOUG BROWNE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WAYNE TABOR | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| VELVET GRAHAM | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| RON COLEMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SHAWN DANKO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR LASANYA HALL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JENNIFER RICHARDSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| HOWARD ROBERTSON | CHAIR ELECT Trustee or director | 2 | $0 | $0 |
| ANDREW RUSSELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ERNEST STRICKLAND | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| VICKI BUCK | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MINA BECTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BRETT MULLIS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| TED TOWNSEND | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| YOLANDA COOPER-SUTTON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MICKELL LOWERY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PAT TIGGRETT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended July 31, 2023: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES L HOLT | CEO AND PRESIDENT Officer | 40 | $202,336 | $29,607 |
| MACK WEAVER | CFO AND EXECUTIVE VICE PRESIDENT Officer | 40 | $167,305 | $18,819 |
| LEIGH SHOCKEY | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 |
| AL GOSSETT | CHAIR ELECT Trustee or director | 2 | $0 | $0 |
| DOUG BROWNE | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| WAYNE TABOR | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| VELVET GRAHAM | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| REGENA BEARDEN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| RON COLEMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SHAWN DANKO | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KATHY FERGUSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DR LASONYA HALL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID MCKINNEY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| SUSAN HADLEY MAYNOR | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KEN MOODY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| JENNIFER RICHARDSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| HOWARD ROBERTSON | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ANDREW RUSSELL | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| ERNEST STRICKLAND | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| KATHLEEN WEATHERFORD | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| PAT TIGRETT | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| CHARLES EWING | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 56 S FRONT ST, MEMPHIS, TN 38103-2435
- In care of
- % JIM HOLT PRESIDENT
- Principal officer (990 for 2024)
- MACK WEAVER, 64 SOUTH MENDENHALL, MEMPHIS, TN 38117
- Signed the 990
- MACK WEAVER, CEO
- Phone
- (901) 525-4611
- Website
- MEMPHISINMAY.ORG
- Return prepared by
- HENDERSON HUTCHERSON & MCCULLOUGH PLLC
Mission
ORGANIZED FOR THE PURPOSE OF PROVIDING AND SUPPORTING RECREATIONAL, EDUCATIONAL, SOCIAL AND CULTURAL EVENTS AND ACTIVITIES, FOR THE CELEBRATION OF THE CITY OF MEMPHIS, PEOPLE OF MEMPHIS, AND THE PEOPLE OF OTHER CULTURES AND COUNTRIES OF THE WORLD BY INTRODUCING MEMPHIS TO THE WORLD AND THE WORLD TO MEMPHIS THROUGH THESE ANNUAL EVENTS AND ACTIVITIES THAT HONOR A SELECTED COUNTRY OF THE WORLD.
Program accomplishments
- PROVIDING AND SUPPORTING EVENTS AND ACTIVITIES FOR THE BEALE STREET MUSIC FESTIVAL (BSMF); PROVIDING AND SUPPORTING EVENTS AND ACTIVITIES FOR THE WORLD CHAMPIONSHIP BARBEQUE COOKING CONTEST (WCBCC); PROVIDING AND SUPPORTING EVENTS AND ACTIVITIES FOR THE SHELBY COUNTY CELEBRATION (SC) AND THE GREAT AMERICAN RIVER RUN (GARR); PROVIDING AND SUPPORTING INTERNATIONAL AND DIPLOMAT EVENTS AND ACTIVITIES THAT HONOR THE SELECTED COUNTRY (INTL)AND EDUCATION ACTIVITIES (ED), INCLUDING YEAR LONG SUPPORT FOR THE BSMF, WCBCC, GARR, INTL, EDUCATION AND VOLUNTEER EVENTS AND ACTIVITIES.Expenses $2,527,920 · revenue $1,111,215
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 23-7308001
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1978
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A200)
- Assets (IRS master file)
- $818,408
- Income (IRS master file)
- $2,437,894
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $2,393,357 | $3,047,407 | $818,408 | XML |
| 990 | July 2024 | $2,461,409 | $3,177,653 | $1,648,924 | XML |
| 990-T | July 2024 | – | – | – | IRS |
| 990 | July 2023 | $8,286,107 | $11,713,819 | $5,430,497 | XML |
| 990-T | July 2023 | – | – | – | IRS |
| 990 | July 2022 | $16,594,261 | $12,838,313 | $6,347,595 | IRS |
| 990-T | July 2022 | – | – | – | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7308001).
Questions about MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC
- What is the EIN of MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC?
- The employer identification number (EIN) of MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC is 23-7308001.
- Is MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1978.
- Are donations to MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC?
- The 990 for the year ended July 31, 2025 names MACK WEAVER.
- Who are the officers and directors of MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC?
- The 990 for the year ended July 31, 2025 lists 25 people; 4 received compensation from the organization, the highest $215,050 (JAMES L HOLT, PAST PRESIDENT AND CEO).
- How much revenue does MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $2,393,357, expenses of $3,047,407 and total assets of $818,408 at year end.
Other nonprofits in MEMPHIS
- MEMPHIS BROOKS MUSEUM OF ART INC EIN 62-6063304 · last filed 990 for 2025
- LORRAINE CIVIL RIGHTS MUSEUM FOUNDATION EIN 58-1484027 · last filed 990 for 2025
- DIXON GALLERY AND GARDENS EIN 62-0943809 · last filed 990 for 2024
- NATIONAL ORNAMENTAL METAL MUSEUM INC EIN 62-1066198 · last filed 990 for 2025
- MEMPHIS FOURTH ESTATE INC EIN 82-5339555 · last filed 990 for 2025
- MEMPHIS MUSEUMS INC EIN 62-0801926 · last filed 990 for 2025
- CROSSTOWN ARTS EIN 27-1876711 · last filed 990 for 2025
- MEMPHIS SYMPHONY ORCHESTRA INC EIN 62-6015885 · last filed 990 for 2025
All nonprofits in MEMPHIS · Tennessee · Arts, culture and humanities