Memphis Heritage Incorporated
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 108,997 | 158,068 | −49,071 | 90.7 | 43% |
| 2012 | 122,103 | 155,587 | −33,484 | 89.5 | 38% |
| 2013 | 63,936 | 143,200 | −79,264 | 90.6 | 41% |
| 2014 | 112,689 | 144,886 | −32,197 | 86.9 | 42% |
| 2015 | 1,092,945 | 153,255 | 939,690 | 155.8 | 38% |
| 2016 | 80,728 | 170,249 | −89,521 | 133.9 | 27% |
| 2017 | 72,964 | 155,877 | −82,913 | 145.1 | 45% |
| 2018 | 53,839 | 164,844 | −111,005 | 128.6 | 53% |
| 2019 | 73,380 | 161,615 | −88,235 | 126.0 | 51% |
| 2021 | 137,684 | 139,842 | −2,158 | 144.1 | 46% |
| 2022 | 248,638 | 272,777 | −24,139 | 68.7 | 43% |
| 2023 | 110,993 | 261,128 | −150,135 | 46.5 | 48% |
| 2024 | 36,872 | 47,754 | −10,882 | 281.8 | 18% |
In its most recent public year (2024), this organization spent $10,882 more than it brought in. Its reserves stood at about 281.8 months of spending, up from 90.7 in 2011. Staff pay was 18% of spending.
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 2024. 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 Heritage Incorporated's IRS filings as a feed — one entry per filing year, through 2024. 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