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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.
Source: IRS Form 990 (Tax Year 2024)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2023
Total Revenue
▼$4.9M
Program Spending
84%
of total expenses go to program services
Total Contributions
$2.5M
Total Expenses
▼$5.5M
Total Assets
$100.3M
Total Liabilities
▼$64.9M
Net Assets
$35.4M
Officer Compensation
→$100K
Other Salaries
$721.4K
Investment Income
$1.2M
Fundraising
▼N/A
Source: USAspending.gov · Searched by organization name
Total Federal Funding
$20K
Awards Found
1
| Awarding Agency | Description | Amount | Fiscal Year | Period | Link |
|---|---|---|---|---|---|
| National Endowment for the Arts | TO SUPPORT THE PRESENTATION OF "MELLOTRONICA. | $20K | FY2017 | Jun 2017 – May 2018 | Open → |
National Endowment for the Arts
$20K
TO SUPPORT THE PRESENTATION OF "MELLOTRONICA.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2024 · Source: IRS e-Filed Form 990
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023IRS e-File | $4.9M | $2.5M | $5.5M | $100.3M | $35.4M |
| 2022 | $20M | $18.5M | $5.8M | $87.2M | $26.5M |
| 2021 | $3.7M | $2.9M | $5.5M | $52.3M | $11.6M |
| 2020 | $4.2M | $3.4M | $6.8M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
Financial data: IRS e-Filed Form 990 (Tax Year 2023)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2024)
Federal grants: USAspending.gov (live)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Stacy Wright | Executive Director | 55 | $100K | $0 | $6,600 | $106.6K |
| Richard Lou | Chair | 2 | $0 | $0 | $0 | $0 |
| Ken Steorts | Secretary | 2 | $0 | $0 | $0 | $0 |
Stacy Wright
Executive Director
$106.6K
Hrs/Wk
55
Compensation
$100K
Related Orgs
$0
Other
$6,600
Richard Lou
Chair
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Ken Steorts
Secretary
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Barbara L Deans | Board Director | 1 | $0 | $0 | $0 | $0 |
| Derwin Sisnett | Board Director | 1 | $0 | $0 | $0 | $0 |
| Elliot Perry | Board Director | 2 | $0 | $0 | $0 | $0 |
| Mclean Wilson | Board Director | 1 | $0 | $0 | $0 | $0 |
| Steve Dunavant | Board Director | 2 | $0 | $0 | $0 | $0 |
Barbara L Deans
Board Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Derwin Sisnett
Board Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Elliot Perry
Board Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0
| $54.1M |
| $13.1M |
| 2019 | $7M | $4.8M | $7.1M | $56.9M | $15.6M |
| 2018 | $7.7M | $6M | $4.9M | $44.2M | $14.5M |
| 2017 | $7.1M | $2.8M | $4.1M | $27M | $11.7M |
| 2016 | $3.3M | $1.1M | $4.3M | $25M | $8.5M |
| 2015 | $11.3M | $7.2M | $3.3M | $24.8M | $11.9M |
| 2014 | $4.6M | $4.4M | $1.2M | $4M | $3.9M |
| 2013 | $1.2M | $1.2M | $607.3K | $629.9K | $573.8K |
| 2012 | $399.4K | $399.4K | $353.1K | $47.6K | $47.6K |
| 2021 | 990 | Data |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | — |
Mclean Wilson
Board Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Steve Dunavant
Board Director
$0
Hrs/Wk
2
Compensation
$0
Related Orgs
$0
Other
$0