NEW MEMPHIS INSTITUTE
AI Summary
NEW MEMPHIS INSTITUTE is a nonprofit organization dedicated to fostering diversity and intergroup relations in Memphis by developing, activating, and retaining talent to enhance the city's strengths. With an operating budget of $2.8 million and total revenue of $2.2 million for the 2024 fiscal year, it is supported by significant contributions from major funders including DONOR ADVISED CHARITABLE GIVING INC, The Bank of America Charitable Foundation Inc, and COMMUNITY FOUNDATION OF GREATER MEMPHIS INC. The organization does not rely on a single funder for 50% or more of its revenue.
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
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
Explore this org's ecosystem
See similar nonprofits by cause and location, their funders, and their grants.
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
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.