Soulsville

Organization Overview

Soulsville is located in Memphis, TN. The organization was established in 1998. According to its NTEE Classification (A54) the organization is classified as: History Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Soulsville employed 39 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Soulsville 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 06/2021, Soulsville generated $2.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $2.8m during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE SOULSVILLE FOUNDATION PERPETUATES THE SOUL OF STAX RECORDS BY PRESERVING ITS RICH CULTURAL LEGACY, EDUCATING YOUTH TO BE PREPARED FOR LIFE SUCCESS, AND INSPIRING FUTURE ARTISTS TO ACHIEVE THEIR DREAMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATION OF STAX MUSEUM TO ENHANCE THE PRESERVATION AND STUDY OF MUSIC.


TO HELP URBAN YOUTH, PRIMARILY AT RISK, TO DISCOVER AND DEVELOP THEIR MUSICAL TALENTS, IMPROVE THEIR LIFE CHANCES AND ENCOURAGE ACADEMIC EXCELLENCE.


OPERATION OF GIFT SHOP IN CONJUNCTION WITH STAX MUSEUM.


OPERATION OF STAX MUSEUM GIFT SHOP AND MUSEUM EXHIBITS.


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Board, Officers & Key Employees

Name (title)Compensation
Richard Greenwald
President/ceo
$199,266
Jeffery Kollath
Stax Museum Executive Director
$113,662
Meka Egwuekwe
Secretary
$0
James Maclin
Chairman
$0
Richard Hussey
Emeritus
$0
Tom Marino
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Vc3 Inc
Computer Services
$286,410
Apple Inc
Computer Services
$152,868
Give Clean Llc
Janitorial Services
$142,127
Mlgw
Utility Services
$138,289
Top Notch Security Inc
Security Services
$128,753
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$750
Fundraising events$0
Related organizations$0
Government grants $341,091
All other contributions, gifts, grants, and similar amounts not included above$1,503,333
Noncash contributions included in lines 1a–1f $10,430
Total Revenue from Contributions, Gifts, Grants & Similar$1,845,174
Total Program Service Revenue$650,764
Investment income $82,969
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$212
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $146,476
Miscellaneous Revenue$0
Total Revenue $2,725,171

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Soulsville has recieved totaling $588,109.

Awarding OrganizationAmount
$156,250
Arts Memphis

Memphis, TN

PURPOSE: OPERATING SUPPORT & ENHANCEMENT

$143,000
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$129,860
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$62,554
Community Foundation Of Greater Memphis Inc

Memphis, TN

PURPOSE: GENERAL OPERATIONAL SUPPORT

$60,250
Soundwaves Art Foundation

Lockhart, TX

PURPOSE: GRANT

$13,945
View Grant Recipient Profile

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