The New Memphis Institute, identified by EIN 58-1607228, is a nonprofit organization dedicated to enhancing diversity and intergroup relations in Memphis. With an operating budget of $2.8 million and total revenue of $2.2 million for the 2024 filing year, the organization focuses on developing, activating, and retaining talent to empower individuals and strengthen the community. Notably, it does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. More information can be found on their website at www.newmemphis.org.