Memphis Museums Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,004,794 | 2,349,502 | −344,708 | 21.5 | 39% |
| 2012 | 2,153,170 | 2,153,013 | 157 | 22.8 | 41% |
| 2013 | 3,411,028 | 2,212,040 | 1,198,988 | 29.0 | 40% |
| 2014 | 2,337,920 | 2,438,905 | −100,985 | 27.2 | 35% |
| 2015 | 3,184,608 | 2,897,881 | 286,727 | 23.4 | 30% |
| 2016 | 3,025,462 | 4,205,371 | −1,179,909 | 12.0 | 23% |
| 2017 | 2,660,149 | 2,350,193 | 309,956 | 23.9 | 41% |
| 2018 | 3,152,943 | 2,922,721 | 230,222 | 20.4 | 42% |
| 2019 | 3,229,533 | 3,149,724 | 79,809 | 19.4 | 40% |
| 2020 | 2,200,958 | 2,897,714 | −696,756 | 18.1 | 49% |
| 2021 | 3,293,679 | 2,185,334 | 1,108,345 | 33.6 | 47% |
| 2022 | 4,622,803 | 2,356,436 | 2,266,367 | 40.2 | 47% |
| 2023 | 4,161,053 | 3,377,480 | 783,573 | 31.4 | 49% |
In its most recent public year (2023), this organization brought in $783,573 more than it spent. Its reserves stood at about 31.4 months of spending, up from 21.5 in 2011. Staff pay was 49% of spending. $3,759,256 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
Memphis Museums Inc'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