New Memphis Institute
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,390,001 | 1,234,157 | 155,844 | 9.4 | 45% |
| 2012 | 1,270,580 | 1,313,334 | −42,754 | 8.4 | 40% |
| 2013 | 1,609,737 | 1,454,750 | 154,987 | 10.7 | 44% |
| 2014 | 2,386,339 | 1,864,531 | 521,808 | 11.7 | 49% |
| 2015 | 2,391,807 | 1,991,695 | 400,112 | 13.4 | 48% |
| 2016 | 3,313,511 | 2,048,325 | 1,265,186 | 20.4 | 48% |
| 2017 | 2,206,751 | 2,188,324 | 18,427 | 19.5 | 49% |
| 2018 | 2,169,072 | 2,156,325 | 12,747 | 19.2 | 49% |
| 2019 | 2,728,022 | 2,345,310 | 382,712 | 20.6 | 50% |
| 2020 | 2,014,663 | 2,149,852 | −135,189 | 22.0 | 58% |
| 2021 | 2,464,283 | 2,478,948 | −14,665 | 19.3 | 50% |
| 2022 | 2,528,139 | 2,563,908 | −35,769 | 16.5 | 48% |
| 2023 | 3,377,982 | 2,694,740 | 683,242 | 19.7 | 51% |
In its most recent public year (2023), this organization brought in $683,242 more than it spent. Its reserves stood at about 19.7 months of spending, up from 9.4 in 2011. Staff pay was 51% of spending. $938,660 of its net assets are donor-restricted.
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
New Memphis Institute'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