Nonprofit · EIN 27-1876711
CROSSTOWN ARTS
Tax-exempt · MEMPHIS, TN 38104
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $5,146,987 | $4,830,913 | $316,074 | $100,520,354 | $65,106,221 | $35,414,133 |
| April 30, 2024 | 990 | $4,864,555 | $5,489,536 | -$624,981 | $100,312,782 | $64,890,870 | $35,421,912 |
| April 30, 2023 | 990 (amended) | $4,885,921 | $6,054,789 | -$1,168,868 | $48,927,443 | $45,280,667 | $3,646,776 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $2,331,005
- Program service revenue
- $1,290,856
- Investment income
- $1,509,315
- Net income from sales of inventory
- $13,883
- Other revenue
- $15,811
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $100,000
- Other salaries and wages
- $616,809
- Salaries, compensation and benefits (total)
- $871,041
- Professional fundraising fees
- $0
- Occupancy
- $674,801
- Travel
- $4,765
- Depreciation
- $761,260
- Program services (functional)
- $4,195,305
- Management and general (functional)
- $569,916
- Fundraising (functional)
- $65,692
Balance sheet and other
- Total assets, start of year
- $100,312,782
- Total assets, end of year
- $100,520,354
- Total liabilities, end of year
- $65,106,221
- Net assets, end of year
- $35,414,133
- Land, buildings and equipment
- $13,382,168
- Net assets without donor restrictions
- $35,349,133
- Net assets with donor restrictions
- $65,000
- Gross receipts
- $5,501,768
- Employees
- 31
- Volunteers
- 167
- Year formed
- 2010
- 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 April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stacy Wright | Executive Director Officer | 55 | $100,000 | $6,891 |
| Ken Steorts | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Richard Lou | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Barbara L Deans | Board Director Trustee or director | 1 | $0 | $0 |
| Derwin Sisnett | Board Director Trustee or director | 1 | $0 | $0 |
| Elliot Perry | Board Director Trustee or director | 2 | $0 | $0 |
| McLean Wilson | Board Director Trustee or director | 1 | $0 | $0 |
| Steve Dunavant | Board Director Trustee or director | 2 | $0 | $0 |
990 for the year ended April 30, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Stacy Wright | Executive Director Officer | 55 | $100,000 | $6,600 |
| Ken Steorts | Secretary Trustee or director, Officer | 2 | $0 | $0 |
| Richard Lou | Chair Trustee or director, Officer | 2 | $0 | $0 |
| Barbara L Deans | Board Director Trustee or director | 1 | $0 | $0 |
| Derwin Sisnett | Board Director Trustee or director | 1 | $0 | $0 |
| Elliot Perry | Board Director Trustee or director | 2 | $0 | $0 |
| McLean Wilson | Board Director Trustee or director | 1 | $0 | $0 |
| Steve Dunavant | Board Director Trustee or director | 2 | $0 | $0 |
990 for the year ended April 30, 2023: 6 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| CHRISTOPHER MINER | EXECUTIVE DIRECTOR Officer | 40 | $99,455 | $16,657 |
| RICHARD LOU | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| BARBARA L DEANS | BOARD DIRECTOR Trustee or director | 2 | $0 | $0 |
| KEN STEORTS | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| DERWIN SISNETT | BOARD DIRECTOR Trustee or director | 2 | $0 | $0 |
| MCLEAN WILSON | BOARD DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1350 CONCOURSE AVE STE 280, MEMPHIS, TN 38104-2023
- In care of
- % CHRISTOPHER MINER
- Principal officer (990 for 2024)
- RICHARD LOU, 1350 CONCOURSE AVENUE NO 280, MEMPHIS, TN 38104
- Signed the 990
- RICHARD LOU, PRESIDENT
- Phone
- (901) 507-8030
- Website
- WWW.CROSSTOWNARTS.ORG
- Return prepared by
- Forvis Mazars LLP
Mission
CROSSTOWN ARTS IS A CONTEMPORARY ARTS ORGANIZATION DEDICATED TO FURTHER CULTIVATING THE CREATIVE COMMUNITY IN MEMPHIS. MANAGING A VARIETY OF EXHIBITION, PERFORMANCE, AND PRODUCTION SPACES, CROSSTOWN ARTS SUPPORTS ARTISTS, MUSICIANS, AND AUDIENCES WITH A WIDE RANGE OF MULTIDISCIPLINARY AND COLLABORATIVE PROJECTS. CROSSTOWN ARTS FOUNDED AND MANAGED THE RENOVATION OF CROSSTOWN CONCOURSE, A ONE-MILLION-SQUARE-FOOT MIXED-USE DEVELOPMENT IN THE FORMER SEARS BUILDING. OVER 40,000 SQUARE FEET OF SPACE IN CROSSTOWN CONCOURSE IS DEDICATED TO THE NON-PROFIT ARTS ORGANIZATION'S ARTS AND MUSIC PROGRAMMING.
Program accomplishments
- CROSSTOWN ARTS CREATES A WIDE RANGE OF PUBLIC PROGRAMMING IN AND AROUND CROSSTOWN CONCOURSE TO HELP REVITALIZE MEMPHIS' CROSSTOWN NEIGHBORHOOD. THIS PUBLIC PROGRAMMING INCLUDES ONGOING FREE, LARGE-SCALE PUBLIC EVENTS THROUGHOUT THE YEAR IN CROSSTOWN CONCOURSE'S OUTDOOR PUBLIC PLAZA AND INDOOR PUBLIC ATRIUM SPACES.Expenses $1,896,978 · revenue $935,850
- CROSSTOWN ARTS MANAGES A VARIETY OF EXHIBITION SPACES THAT INCLUDE OVER 5,000 SQUARE FEET OF GALLERY SPACE IN MULTIPLE LOCATIONS. THE EXHIBITION PROGRAM HOSTS A DIVERSE RANGE OF MEMPHIS-BASED AND NATIONAL/INTERNATIONAL VISUAL ARTISTS, AND INCLUDES A DELIBERATE MIX OF INDIVIDUAL AND GROUP SHOWS CURATED AND ORGANIZED BY INDIVIDUALS AND/OR OTHER ARTS ORGANIZATIONS, OFTEN WITH A FOCUS ON INTERCONNECTING ARTISTS AND CONTENT FROM VARIED BACKGROUNDS. EXHIBITIONS RANGE FROM HIGHLY CURATED SHOWS BY PROFESSIONAL ARTISTS WHO WORK IN COMPLEX AND COMPELLING SUBJECT MATTER TO OPEN-CALL SHOWS THAT WELCOME A BROAD SCOPE OF PARTICIPANTS WORKING AT ANY LEVEL OF EXPERTISE. ALL VISUAL ART EXHIBITIONS ARE FREE AND OPEN TO THE PUBLIC WITH 100% OF ALL ART SALES GOING DIRECTLY TO THE EXHIBITING ARTIST(S). CROSSTOWN ARTS MANAGES A VARIETY OF PERFORMANCE SPACES FOR LIVE MUSIC THAT INCLUDE A SMALL, INTIMATE VENUE FOR AUDIENCES OF UP TO 125 PEOPLE, AS WELL AS A BLACK-BOX THEATER FOR AUDIENCES OF UP TO 400 PEOPLE. CROSSTOWN ARTS' MUSIC PROGRAMMING FOCUSES ON LIVE PERFORMANCES BY MEMPHIS-BASED MUSICIANS, AS WELL AS NATIONALLY AND INTERNATIONALLY RENOWNED TOURING MUSICIANS SEEKING TO PERFORM IN THESE EXTRAORDINARILY INTIMATE VENUES, WHICH WERE DESIGNED TO PROVIDE A PREMIERE SONIC EXPERIENCE FOR THE AUDIENCE. THE THEATER IS EQUIPPED WITH STATE-OF-THE-ART AUDIO AND A DCP DIGITAL PROJECTION SYSTEM THAT SUPPORTS CROSSTOWN ARTS' ARTHOUSE FILM PROGRAMMING, WHICH INCLUDES COLLABORATIVE LIVE MUSIC SCORES FOR FILM SCREENINGS.Expenses $932,559 · revenue $263,875
- CROSSTOWN ARTS MANAGES A VARIETY OF MULTIDISCIPLINARY AND COLLABORATIVE PRODUCTION SPACES THAT ARE THE CORE ELEMENTS OF THE RESIDENCY PROGRAM, WHICH HOSTS OVER 60 MEMPHIS-BASED AND VISITING ARTISTS AND MUSICIANS, WORKING IN ANY MEDIUM, EACH YEAR. THE RESIDENCY PROGRAM OFFERS ACCEPTED RESIDENTS THE GIFT OF UNINTERRUPTED TIME AND SPACE TO WORK ON THEIR CREATIVE PROJECTS BY PROVIDING STUDIO WORK SPACES, SEPARATE INDIVIDUAL AND FAMILY RESIDENTIAL HOUSING VIA ON-SITE APARTMENTS, AND MEALS, AT NO COST TO RESIDENTS. THESE ARTISTS, MUSICIANS, COMPOSERS, PHOTOGRAPHERS, FILMMAKERS, WRITERS, AND DANCERS ARE ABLE TO SPEND DEDICATED TIME ON THEIR WORK, IN WHATEVER CAPACITY THEY CHOOSE, WHILE PARTICIPATING IN THE RESIDENCY PROGRAM. NO EXHIBITIONS OR PERFORMANCES ARE REQUIRED OF THE RESIDENTS, BUT THEY ARE INVITED TO SHARE THEIR WORK THROUGH ARTIST TALKS AND A PUBLIC OPEN STUDIO NIGHT DURING EACH RESIDENCY SESSION.PARTICIPANTS IN THE RESIDENCY PROGRAM HAVE ACCESS TO PRODUCTION RESOURCES AND FACILITIES THAT INCLUDE A FULL-SCALE WOODSHOP, A CNC MACHINE, A LASER CUTTER, LARGE-FORMAT DIGITAL PRINTERS, HIGH-END SCANNERS, DIGITAL LABS WITH ALL MAJOR MUSIC/SOUND/DESIGN/VIDEO EDITING SOFTWARE, SCREEN PRINTING, AND MORE. THESE PRODUCTION RESOURCES ARE ALSO AVAILABLE TO ANY NON-RESIDENT ARTISTS AND MUSICIANS IN MEMPHIS FOR A LOW MONTHLY FEE.Expenses $166,974 · revenue $76,859
- DEPRECIATION, RENT, MUSICIAN SERVICES, PUBLIC ENGAGEMENTExpenses $1,198,794 · revenue $28,155
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 April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 27-1876711
- 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
- 2010
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $100,520,354
- Income (IRS master file)
- $5,501,768
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $5,146,987 | $4,830,913 | $100,520,354 | XML |
| 990 | April 2024 | $4,864,555 | $5,489,536 | $100,312,782 | XML |
| 990 | April 2023 | $4,885,921 | $6,054,789 | $48,927,443 | XML |
| 990 | April 2022 | $20,011,175 | $5,752,361 | $87,226,564 | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
| 990 | April 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 27-1876711).
Questions about CROSSTOWN ARTS
- What is the EIN of CROSSTOWN ARTS?
- The employer identification number (EIN) of CROSSTOWN ARTS is 27-1876711.
- Is CROSSTOWN ARTS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
- Are donations to CROSSTOWN ARTS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CROSSTOWN ARTS 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 CROSSTOWN ARTS due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CROSSTOWN ARTS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of CROSSTOWN ARTS?
- The 990 for the year ended April 30, 2025 names RICHARD LOU.
- Who are the officers and directors of CROSSTOWN ARTS?
- The 990 for the year ended April 30, 2025 lists 8 people; 1 received compensation from the organization, the highest $100,000 (Stacy Wright, Executive Director).
- How much revenue does CROSSTOWN ARTS have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $5,146,987, expenses of $4,830,913 and total assets of $100,520,354 at year end.
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- 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
- MEMPHIS SYMPHONY ORCHESTRA INC EIN 62-6015885 · last filed 990 for 2025
- SOULSVILLE EIN 62-1719414 · last filed 990 for 2025
All nonprofits in MEMPHIS · Tennessee · Arts, culture and humanities