Overview

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Est.

1989

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Memphis Brooks Museum of Art Inc is an art museum and arts and culture nonprofit dedicated to “To Create Joy through the Power of Art.” Based on the 2025 filing, it operates with a $7.4M budget and $40M in total revenue, supported by major funders including COMMUNITY FOUNDATION OF GREATER MEMPHIS INC, JR HYDE III FAMILY FOUNDATION, and BELZ FOUNDATION.

Mission Statement

To Create Joy through the Power of Art.
Revenues
$40M
Expenses
$7.4M
Net Income:
+$32.6M
Assets
$171.3M
Liabilities
$9.4M
Net Assets:
+$161.9M
Operating Budget
$7.4M
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
36
Median grant size
$32.5K
Largest grant received
$1.7M
M
Melyne Strickland
Board Member
R
Rodney Herenton
Board Member
A
Adam Hanover
Board Member
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  • 69 funders
  • 115 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is Memphis Brooks Museum of Art Inc’s budget?
In 2025, Memphis Brooks Museum of Art Inc reported an annual operating budget of around $7.4 million. More detailed financial information is available to registered users.
What causes does Memphis Brooks Museum of Art Inc support?
Memphis Brooks Museum of Art Inc supports work in Art museums and Arts and culture.
Where does Memphis Brooks Museum of Art Inc operate?
Memphis Brooks Museum of Art Inc is headquartered in MEMPHIS, TN.
Who funded Memphis Brooks Museum of Art Inc recently?
In 2025, Memphis Brooks Museum of Art Inc received grants from COMMUNITY FOUNDATION OF GREATER MEMPHIS INC, THE TURLEY FOUNDATION, and CHARITIES AID FOUNDATION AMERICA. More information on this organization’s funders is available to registered users.
What is the largest grant Memphis Brooks Museum of Art Inc received in 2024?
The largest grant to Memphis Brooks Museum of Art Inc in 2024 exceeds $1.7 million.
What is Memphis Brooks Museum of Art Inc’s reliance on government grants?
Memphis Brooks Museum of Art Inc relied on government grants for more than 5% of their total revenue in 2024.