EIN 62-1867308

Memphis Tomorrow

IRS 501(c) type
501(c)(3)
Num. employees
1
Year formed
2001
Most recent tax filings
2022-12-01
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
$1,027,400
2022
Total expenses
$947,648
2022
Total assets
$526,503
2022
Num. employees
1
2022

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 contributed funding to the Memphis shelby crime commission for purposes of general operating expenses to support the development and implementation of the safe community plan.
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.

Grants made by Memphis Tomorrow

GranteeGrant descriptionAmount
Memphis Brand OfficeOperations$250,000
Memphisshelby Crime CommissionOperations$125,000
Tennesseans for Quality Early Education Policy and ResearchOperations$50,000

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
Methodist leChief Executive Officer
Blair TaylorPresident$323,716
Mark SuttonPresident and Chief Executive Officer / Vice Chairman / Director$0
Johnny B MooreSecretary and Treasurer / Director$0

Financials for Memphis Tomorrow

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,000,000
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-2,600
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$30,000
Total revenues$1,027,400

Form 990s for Memphis Tomorrow

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-02-17990View PDF
2018-122020-01-31990View PDF
...and 9 more Form 990s

Organizations like Memphis Tomorrow

OrganizationLocationRevenue
The Funders NetworkCoral Gables, FL$4,696,100
Asset Funders Network (AFN)Chicago, IL$3,609,327
Ignite NorthwestSpokane, WA$1,197,636
The Economic Alliance for MichiganNovi, MI$645,660
South Carolina Council on CompetitivenessColumbia, SC$2,497,531
Stand Up NashvilleNashville, TN$870,598
Center For Rural Policy & DevelopmentMankato, MN$663,588
Seattle Good Business NetworkSeattle, WA$1,867,849
Economic Opportunity InstituteSeattle, WA$1,181,497
Center for Economic InclusionSaint Paul, MN$4,329,571
Data update history
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
June 22, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Social advocacy organizationsBusiness and community development organizationsCharities
Issues
Community improvementEconomic development
Characteristics
Provides grantsLobbyingState / local levelTax deductible 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
Free account sign-up

Want updates when Memphis Tomorrow has new information, or want to find more organizations like Memphis Tomorrow?

Create free Cause IQ account