EIN 58-1607228

New Memphis Institute

IRS 501(c) type
501(c)(3)
Num. employees
19
Year formed
1984
Most recent tax filings
2023-12-01
Description
New Memphis Institute develops and retains talent to empower individuals, build a prosperous Memphis, and cultivate inclusive leaders.
Total revenues
$3,377,982
2023
Total expenses
$2,694,740
2023
Total assets
$6,025,275
2023
Num. employees
19
2023

Program areas at New Memphis Institute

The leadership development intensive begins with a three-and-a-half day training experience delivered two times a year in partnership with the center for creative leadership. More than 1,000 executive-level business and civic leaders have completed this program which empowers established leaders to better understand and use their strengths to move Memphis forward. Every year this growing number of leaders represents the driving force of New Memphis Institute: the greatest catalyst of positive transformation in any community is strong and engaged leaders. These leaders spend community time serving on boards and committees based on referrals made by New Memphis Institute; advising the fellows on their community action projects; engaging and presenting at the celebrate what's right luncheons; and working to attract and acclimate top talent to Memphis (over 1,000 persons benefited).
Embark was developed to equip promising young professionals with the training to set a course for their career and the opportunity to network with others ready to make a difference in the community (1,300 persons benefited).
The fellows program is a 12-month engagement that gives high-potential, emerging leaders the tools, experiences and connections needed to become change agents, inclusive leaders and qualified city ambassadors. Core to the curriculum is the development and implementation of community action projects (cap) designed to build capacity of existing nonprofit organizations. There are currently 100 cap at work in our community (1,000 persons benefited).
All other remaining program services

Who funds New Memphis Institute

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
JR Hyde Iii Family FoundationStart-Up Support for the Give Back Memphis Program and General Operations$300,200
Fleetwood FoundationGeneral & Unrestricted$200,000
The Kemmons Wilson Family FoundationGeneral - Operating$100,000
...and 12 more grants received

Personnel at New Memphis Institute

NameTitleCompensation
Anna Mullins EllisPresident and Chief Executive Officer
Jill TurnerChief Operations Officer$147,560
Anna WohrmanVice President of Strategic Initiatives$112,875
Kaylon BradfordVice President of Programs$116,096
Nicholas WeaverDirector of Community Activation
...and 9 more key personnel

Financials for New Memphis Institute

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,595,862
Program services$547,828
Investment income and dividends$23,662
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$210,630
Total revenues$3,377,982

Form 990s for New Memphis Institute

Fiscal year endingDate received by IRSFormPDF link
2023-122024-08-13990View PDF
2022-122023-07-31990View PDF
2021-122022-07-14990View PDF
2020-122021-05-24990View PDF
2019-122020-08-11990View PDF
...and 9 more Form 990s
Data update history
November 23, 2024
Updated personnel
Identified 10 new personnel
September 24, 2024
Posted financials
Added Form 990 for fiscal year 2023
September 21, 2024
Updated personnel
Identified 5 new personnel
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $21,250 from Baptist Memorial Health Care
July 14, 2024
Received grants
Identified 1 new grant, including a grant for $16,000 from The Bank of America Charitable Foundation
Nonprofit Types
Human rights organizationsEmployment organizationsCivil rights and social justice organizationsCharities
Issues
EducationHuman rights
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringTax deductible donationsAccepts online donations
General information
Address
516 Tennessee St 301
Memphis, TN 38103
Metro area
Memphis, TN-MS-AR
County
Shelby County, TN
Website URL
newmemphis.org/ 
Phone
(901) 527-4625
Facebook page
newmemphisinstitute 
Twitter profile
@thenewmemphis 
IRS details
EIN
58-1607228
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1984
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
R20: Civil Rights, Advocacy for Specific Groups
NAICS code, primary
611430: Professional and Management Development Training
Parent/child status
Independent
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