Memphis Tourism Education Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,569 | 681 | 888 | 151.3 | 0% |
| 2012 | 6,688 | 1,122 | 5,566 | 151.4 | 0% |
| 2013 | 545 | 0 | 545 | — | — |
| 2014 | 1,705 | 1,180 | 525 | 154.8 | — |
| 2015 | 0 | 0 | 0 | — | — |
| 2016 | 0 | 50 | −50 | 3641.5 | — |
| 2017 | 11,250 | 0 | 11,250 | — | — |
| 2018 | 7,796 | 7,683 | 113 | 41.4 | — |
| 2019 | 3,285 | 4,520 | −1,235 | 67.2 | — |
| 2020 | 214,370 | 101,508 | 112,862 | 16.3 | 0% |
| 2021 | 883,346 | 994,668 | −111,322 | 0.3 | 0% |
| 2022 | 246 | 360 | −114 | 890.9 | — |
| 2023 | 0 | 360 | −360 | 878.9 | — |
In its most recent public year (2023), this organization spent $360 more than it brought in. Its reserves stood at about 878.9 months of spending, up from 151.3 in 2011.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Memphis Tourism Education Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works