Public Charity

Crosstown Arts

Based in MEMPHIS, TN, Crosstown Arts operates as a Public Charity. The organization reported $5.1M in revenue, $4.8M in expenses, $100.5M in total assets for fiscal year 2025. Imperigo tracks 28 reported grant relationships connected to this organization totaling approximately $18.9M.

EIN: 271876711 MEMPHIS, TN Arts & Culture NTEE: A20 Latest filing: 2025
Total Revenue$5.1M
Total Expenses$4.8M
Total Assets$100.5M
Grant Records28
Funding Total$18.9M
Filing Years2021–2025

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.

Where $100 goes at Crosstown Arts

How Crosstown Arts divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$14 Management running the organization
$1 Fundraising raising the next dollar

Inside the $85 for programs

$39
Crosstown Arts creates a wide range of public programming in and around crosstown concourse to help revitalize Memphis' crosstown neighborhood
45% of program spending
$24
Depreciation, rent, musician services, public engagement (Expenses $ 1,198,794 including grants of $)(Revenue $ 28,155) DEPRECIATION, RENT, MUSICIAN SERVICES, PUBLIC ENGAGEMENT
29% of program spending · Reported in the filing: 1,198,794 grants
$19
Crosstown Arts manages a variety of exhibition spaces that include over 5,000 square feet of gallery space in multiple locations
22% of program spending · Reported in the filing: 125 people; 400 people

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Board Director Barbara L Deans
Board Director Derwin Sisnett
Board Director Elliot Perry
Secretary Ken Steorts
Board Director Mclean Wilson
Chair Richard Lou

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$12,639,320 19 grants
Arts & Culture
$6,264,998 4 grants
Unspecified
$24,250 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $5.1M $4.8M $100.5M
2024 $4.9M $5.5M $100.3M
2023 $4.9M $6.1M $109.4M
2022 $4.7M $5.8M $38.5M
2021 $3.7M $5.5M $52.3M

Between 2021 and 2025, reported annual revenue grew from $3.7M to $5.1M (+40%), with total assets most recently reported at $100.5M.

Interactive year-over-year charts and full filing details available with membership.

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