Public Charity

MEMPHIS TOMORROW

Based in MEMPHIS, TN, MEMPHIS TOMORROW operates as a Public Charity. The organization reported $1.2M in revenue, $1.1M in expenses, $635K in total assets for fiscal year 2024. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $618K.

EIN: 621867308 MEMPHIS, TN Economic Development NTEE: S30 Latest filing: 2024
Total Revenue$1.2M
Total Expenses$1.1M
Total Assets$635K
Grant Records11
Funding Total$618K
Filing Years2019–2024

Mission

MEMPHIS TOMORROW IS AN ASSOCIATION OF CEOS OF MEMPHIS' LARGEST BUSINESSES WORKING TO PROMOTE OPPORTUNITY AND QUALITY OF LIFE FOR ALL MEMPHIANS THROUGH COLLECTIVE ACTION AND PUBLIC-PRIVATE PARTNERSHIPS.

Where $100 goes at Memphis Tomorrow

How Memphis Tomorrow divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$34
Memphis Tomorrow is an association of ceos of Memphis' largest businesses working with government and civic sectors to promote opportunity and quality of life for all memphians
40% of program spending
$22
Memphis Tomorrow founded and has continued to invest in Memphis brand initiative with the goal to promote awareness of Memphis/shelby county as a great destination for tourists, talent…
26% of program spending
$15
Memphis Tomorrow funded a project to explore opportunities to expand healthcare coverage to more low-income families
17% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

PRESIDENT Blair Taylor
DIRECTOR Boyden Moore
DIRECTOR Bryan Jordan
DIRECTOR Dr James R Downing
DIRECTOR Edward Dobbs
DIRECTOR Gary Shorb

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$300,000 6 grants
Civil Rights & Social Justice
$263,500 2 grants
Religion & Spirituality
$30,000 1 grant
Health & Medicine
$25,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.2M $1.1M $635K
2023 $953K $1.2M $503K
2022 $1.0M $948K $527K
2020 $1.1M $1.2M $297K
2019 $1.2M $1.0M $452K

Between 2019 and 2024, reported annual revenue held roughly steady at around $1.2M, with total assets most recently reported at $635K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MEMPHIS TOMORROW

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