EIN 62-1867308

Memphis Tomorrow

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2001
Most recent tax filings
2023-12-01
NTEE code, primary
Description
To bring top business leaders together with government and civic leadership to foster economic prosperity and quality of life for all who live in the Memphis community.
Total revenues
$952,639
2023
Total expenses
$1,180,297
2023
Total assets
$503,077
2023
Num. employees
1
2023

Program areas at Memphis Tomorrow

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. Areas of work include digital equity, early childhood development, k-12 education, economic development, public safety, among others.
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 and commerce. The effort has been enormously successful by all metrics and continues to exceed goals and expectations.
Memphis Tomorrow made a four-year grant to youth villages for implementing their Memphis allies program to reduce gun violence.
Memphis Tomorrow contributed funding to tennesseans for quality early education for purposes af advancing state policies and practices that ensure all Tennessee children birth through 3rd grade get the high quality early education they need to power our state's future. Further, the organization partnered with the strickland administration to achieve a digital equity initiative via an 800 million private sector investment in a fiber network throughout the city of Memphis with priority going to low income communities.

Grants made by Memphis Tomorrow

GranteeGrant descriptionAmount
Youth VillagesOperations$282,385
Memphis Brand OfficeOperations$250,000
Memphisshelby Crime CommissionOperations$175,000
...and 1 more grant made

Who funds Memphis Tomorrow

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
JR Hyde Iii Family FoundationGeneral Operating Support$50,000

Personnel at Memphis Tomorrow

NameTitleCompensation
Rick ShadyacBoard Member
Blair TaylorPresident$290,716

Financials for Memphis Tomorrow

RevenuesFYE 12/2023
Total grants, contributions, etc.$950,000
Program services$0
Investment income and dividends$2,639
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$952,639

Form 990s for Memphis Tomorrow

Fiscal year endingDate received by IRSFormPDF link
2023-122024-10-10990View PDF
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-02-17990View PDF
...and 10 more Form 990s

Organizations like Memphis Tomorrow

OrganizationLocationRevenue
Ignite NorthwestSpokane, WA$1,197,636
FocusmaineAugusta, ME$2,195,380
Seattle Good Business NetworkSeattle, WA$1,867,849
Center for Economic InclusionSaint Paul, MN$4,329,571
CascadianowSeattle, WA$292,889
The Funders NetworkCoral Gables, FL$4,368,529
Austin Area Research Organization (AARO)Austin, TX$946,021
ReachSan Luis Obispo, CA$1,715,171
Together ChicagoChicago, IL$2,317,785
Kodiak Archipelago Leadership InstituteKodiak, AK$709,692
Data update history
October 14, 2024
Updated personnel
Identified 2 new personnel
January 5, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 4, 2024
Updated personnel
Identified 4 new personnel
December 25, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from JR Hyde Iii Family Foundation
July 15, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Provides grantsLobbyingState / local levelTax deductible donationsAccepts online donations
General information
Address
40 S Main St Suite 1530
Memphis, TN 38103
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
memphistomorrow.org/ 
Phone
(901) 322-8080
IRS details
EIN
62-1867308
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2001
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
S30: Economic Development
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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