NEW MEMPHIS INSTITUTE
AI Summary
NEW MEMPHIS INSTITUTE is a Memphis-based nonprofit focused on diversity and intergroup relations, working to “forge a prosperous and vital New Memphis” by developing, activating, and retaining talent through programs that empower individuals to strengthen the city. In filing year 2025, it reported an operating budget of $3 million and total revenue of $3.4 million, with major support from the COMMUNITY FOUNDATION OF GREATER MEMPHIS INC, JR HYDE III FAMILY FOUNDATION, Fleetwood Foundation Inc, MEMPHIS EDUCATION FUND INC, and THE ALBERT JAY MARTIN FAMILY FOUNDATION.
Mission Statement
NEW MEMPHIS FORGES A PROSPEROUS AND VITAL NEW MEMPHIS BY DEVELOPING, ACTIVATING AND RETAINING TALENT IN ORDER TO MOVE MEMPHIS FORWARD BY DELIVERING PROGRAMS THAT EMPOWER AND INSPIRE INDIVIDUALS TO FURTHER DEVELOP THE STRENGTHS OF OUR CITY.
Cause Areas
1
Diversity and intergroup relations
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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- 36 funders
- 112 board & team members
- 12 historic 990s & financials
- 6-year operating budget trend
Frequently Asked Questions
What is NEW MEMPHIS INSTITUTE’s budget?
In 2024, NEW MEMPHIS INSTITUTE reported an annual operating budget of around $2.8 million. More detailed financial information is available to registered users.
What causes does NEW MEMPHIS INSTITUTE support?
NEW MEMPHIS INSTITUTE supports work in Diversity and intergroup relations.
Where does NEW MEMPHIS INSTITUTE operate?
NEW MEMPHIS INSTITUTE is headquartered in Memphis, TN.
Who funded NEW MEMPHIS INSTITUTE recently?
In 2025, NEW MEMPHIS INSTITUTE received grants from COMMUNITY FOUNDATION OF GREATER MEMPHIS INC, THE TURLEY FOUNDATION, and CHRISTIAN COMMUNITY FOUNDATION OF MEMPHIS. More information on this organization’s funders is available to registered users.
What is the largest grant NEW MEMPHIS INSTITUTE received in 2024?
The largest grant to NEW MEMPHIS INSTITUTE in 2024 exceeds $418 thousand.