2024-11-06T13:04:37-06:00 2023-12-31 261180446 THE MARSTON GROUP PLC 1661 INTERNATIONAL DRIVE SUITE 250 MEMPHIS TN 38120 990 2023-01-01 461568302 THE CONSORTIUM MMT CONS 9015433559 119 SOUTH MAIN STREET SUITE 111 MEMPHIS TN 38103 DAVID PORTER EXECUTIVE DIRECTOR 9015433559 2024-10-25 1 0 CAREN CREASON CPA CVA P00241663 9017613003 2024-10-25 2023 2024-10-15 13:58:12Z DAVID PORTER 119 SOUTH MAIN STREET SUITE 111 MEMPHIS TN 38103 81978 0 X WWW.THECONSORTIUMMMT.ORG X 2012 TN TO DEVELOP A VIABLE MUSIC INDUSTRY IN MEMPHIS FOR THE FUTURE BY PROVIDING A STRUCTURED LEARNING ENVIRONMENT TO ENRICH AND EQUIP OUR TALENTS WITH PROVEN TOOLS TO BUILD THE NEXT GENERATION OF SUCCESSFUL MUSIC PROFESSIONALS. THE CONSORTIUM MMT WILL PROVIDE REAL WORLD EXPERIENCE AND MENTORSHIP, CREATING A DIRECT PATH TO SUCCESS FOR TALENTED RECORDING ARTISTS/ENTERTAINERS, SONGWRITERS AND PRODUCERS. 10 10 1 8 0 0 50120 75000 0 0 4424 6978 0 0 54544 81978 0 0 0 0 53964 54515 0 0 0 139400 97581 193364 152096 -138820 -70118 588943 522181 359 431 588584 521750 X TO DEVELOP A VIABLE MUSIC INDUSTRY IN MEMPHIS FOR THE FUTURE BY PROVIDING A STRUCTURED LEARNING ENVIRONMENT TO ENRICH AND EQUIP OUR TALENTS WITH PROVEN TOOLS TO BUILD THE NEXT GENERATION OF SUCCESSFUL MUSIC PROFESSIONALS. THE CONSORTIUM MMT WILL PROVIDE REAL WORLD EXPERIENCE AND MENTORSHIP, CREATING A DIRECT PATH TO SUCCESS FOR TALENTED RECORDING ARTISTS/ENTERTAINERS, SONGWRITERS AND PRODUCERS. 0 0 29047 SOULRIGHT MUSIC MENTORSHIP PROGRAM - IS DESIGNED TO MENTOR AND EDUCATE PROMISING MEMBERS OF THE MEMPHIS AREA IN THREE CREATIVE AREAS: SONGWRITING, RECORD PRODUCING, AND RECORDING ARTISTRY. 90455 THE TALENT DEVELOPMENT COMPLEX - HOUSES THE MEMPHIS MUSIC RESOURCE CENTER 119502 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X THE MARSTON GROUP PLC 9017613003 1661 INTERNATIONAL DRIVE SUITE 250 MEMPHIS TN 38120 X MORGAN BOHANNON SECRETARY 2.00 X X 0 0 0 LANCE FREED VICE CHAIRMAN 2.00 X X 0 0 0 NEAL BECKFORD MD DIRECTOR 2.00 X 0 0 0 DAVID KRAUS MD DIRECTOR 2.00 X 0 0 0 CAREN CREASON TREASURER 2.00 X X 0 0 0 DAVID EDMONDS DIRECTOR 2.00 X 0 0 0 PAMELA PITTS CFP JD DIRECTOR 2.00 X 0 0 0 ERNEST STRICKLAND DIRECTOR 2.00 X 0 0 0 DANESE BANKS JD DIRECTOR 2.00 X 0 0 0 DAVID PORTER EXECUTIVE DIRECTOR 40.00 X X 0 0 0 0 0 0 0 0 0 0 0 50000 25000 75000 6978 6978 81978 0 0 6978 41500 39425 2075 9875 9381 494 3140 2983 157 1488 1488 7610 7610 13390 13390 1532 1532 40029 40029 10973 9327 1646 CONTRACT LABOR 8000 8000 UTILITIES 7223 7223 WEBSITE 4005 1602 2403 PARKING 3115 3115 216 216 152096 119502 32594 0 144708 476059 45000 45000 562172 562172 0 0 399235 1122 588943 522181 359 431 359 431 X 543584 476750 45000 45000 588584 521750 588943 522181 -70118 3284 0 X 0 0 0 X 76500 37131 222550 50120 75000 461301 76500 37131 222550 50120 75000 461301 245685 215616 28 14 16489 4424 6978 27933 489234 0.44070 0.68380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 434059 434059 0 128113 128113 0 0 CREDIT CARD 431 431 FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT AND THE FINANCE COMMITTEE PERFORMS A DETAIL REVIEW OF THE FORM 990. IN ADDITION, COPIES OF THE FORM 990 ARE PROVIDED TO EACH BOARD MEMBER FOR THEIR REVIEW AND QUESTIONS. IF ANY CHANGES RESULT FROM THE REVIEW, THEY ARE MADE PRIOR TO THE FILING OF THE FORM 990. FORM 990, PART VI, SECTION B, LINE 12C THE WRITTEN CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, HAS READ AND UNDERSTANDS THE POLICY, HAS AGREED TO COMPLY WITH THE POLICY, AND UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES IN ORDER TO MANTAIN ITS FEDERAL TAX EXEMPTION. FORM 990, PART VI, SECTION B, LINE 15 THE CONSORTIUM MMT CONDUCTS PERIODIC REVIEWS TO EXAMINE WHETHER COMPENSATION ARRANGEMENTS AND BENEFITS ARE REASONABLE BASED ON COMPETENT SURVEY INFORMATION (IF REASONABLY AVAILABLE), AND THE RESULT OF ARM'S LENGTH BARGAINING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. THE 990 IS ALSO AVAILABLE THROUGH GUIDESTAR.