Skip to content

Tennessee · Nonprofit

Memphis Brooks Museum of Art Inc

Memphis Brooks Museum of Art Inc (Tennessee) receives grants from 69 organizations whose IRS filings report $49,820,457 to it, the largest being COMMUNITY FOUNDATION OF GREATER MEMPHIS INC ($19,366,023). 40 of them have funded it in more than one year.

Revenue FY2025
$40M
Funders on record
69
Grants received
$50M
Net assets
$162M
40/69 repeat fundersgrants exceed reported revenue in one year
01What it does

What Memphis Brooks Museum of Art Inc does

Mission

To Create Joy through the Power of Art.

As stated on its FY2025 Form 990.

Programs

  1. In 2025, the museum advanced its mission to inspire and serve the community through art, education, and cultural engagement. Education programs reached over 20,000 school-age students, with record participation in the Mid-South Scholastic Art Awards, awarding more than $388,000 in scholarships. Community Days, Super Saturdays, and Homeschool Days welcomed thousands of families and first-time visitors, expanding access to the arts for all ages. Continued on Schedule O

    $3,393,388 spentof which $6,750 as grants$93,431 earned by the program
    78% of program spending
  2. Public education services - expenditures for a wide variety of educational activities, including, docent-lead tours and outreach art curriculum in public schools. 20,000 people served.

    $895,572 spent
    21% of program spending
  3. Membership services - expenditures in support and development of the museum's 3,600 members.

    $74,483 spent$152,720 earned by the program
    2% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $4,363,443.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($4.1M) Expenses 100 ($4.2M) Net assets 100 ($5.4M)2018 Revenue 263 ($11M) Expenses 104 ($4.4M) Net assets 222 ($12M)2019 Revenue 630 ($26M) Expenses 117 ($4.9M) Net assets 606 ($33M)2020 Revenue 240 ($9.9M) Expenses 171 ($7.2M) Net assets 654 ($36M)2021 Revenue 189 ($7.8M) Expenses 104 ($4.4M) Net assets 789 ($43M)2022 Revenue 532 ($22M) Expenses 191 ($8.0M) Net assets 1021 ($56M)2023 Revenue 1069 ($44M) Expenses 150 ($6.3M) Net assets 1768 ($96M)2024 Revenue 946 ($39M) Expenses 177 ($7.4M) Net assets 2368 ($129M)2025 Revenue 966 ($40M) Expenses 176 ($7.4M) Net assets 2971 ($162M)
'17'18'19'20'21'22'23'24'25
Revenue (966)Expenses (176)Net assets (2971)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $56M to $97M (+73%).

$6.2M
$13M
$33M
$36M
$44M
$56M
$97M
$137M
$171M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 15% · 2018 5% · 2019 2% · 2020 6% · 2021 9% · 2022 15% · 2023 2% · 2024 8% · 2025 36%. Grants only. Government contracts and fees sit inside program revenue.

89% of Memphis Brooks Museum of Art Inc’s revenue is contributions — more reliant on donations than three-quarters of its peers (58% for the typical peer).

This organization
Typical peer · 810 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

−$46k
’17
$6.6M
’18
$21M
’19
$2.8M
’20
$3.5M
’21
$14M
’22
$38M
’23
$32M
’24
$33M
’25
50
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Carl Person

Chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2022 and FY2023 filings.

'17'18'19'20'21'22'23'24'25
Listed292827343127313843
Joined·+3+6+10+1+3+12+16+13
No longer listed·47347898
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 13 funders to 33 funders, grant income rose $486k → $6.7M.

11 of 69 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 46% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Memphis Brooks Museum of Art Inc’s funders (the co-funder graph). Top 30 of 69 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Memphis Brooks Museum of Art Inc leans on a few funders — its largest provides 39% of grant income and the top three 72%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

52% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Memphis Brooks Museum of Art Inc.

39%
largest funder
72%
top three
~4
effective funders

Largest funder’s share by year: 2017 45% · 2018 81% · 2019 92% · 2020 47% · 2021 82% · 2022 83% · 2023 28% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

57% of Memphis Brooks Museum of Art Inc's funders are still giving 3 years after their first grant; 58% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

77% of Memphis Brooks Museum of Art Inc's grant income comes from Tennessee funders.

IL
MI
NY
PA
CA
UT
MO
MD
DE
AZ
AR
TN
NC
DC
MS
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Tennessee out of state home

Funder states come from each funder’s own filing. $23M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Memphis Brooks Museum of Art Inc runs a healthier operating margin than three-quarters of the 570 arts & culture nonprofits its size.

Operating margin82% · top quartile
Months of reserve49.8mo · top quartile
Revenue growth (annualized)33% · top quartile

this organization peer median middle 50% of peers· 570 arts & culture nonprofits $10M–$100M, FY2025

Government funding Memphis Brooks Museum of Art Inc receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $1.3M on record.

Federal$1.3M
grants $1.3Mcontracts $0
19
20
21
23
24
25
Top agencies
  • Institute of Museum and Library Services$599k
  • National Endowment for the Humanities$500k
  • National Endowment for the Arts$110k
  • Department of the Interior$70k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Memphis Brooks Museum of Art Inc

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Tennessee

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

59% of spending goes to programs.

Program 59%Management 29%Fundraising 12%

Governance

37
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

TN

Screen this organization

A dated, signed PDF of the compliance screen for Memphis Brooks Museum of Art Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Memphis Brooks Museum of Art Inc?
Memphis Brooks Museum of Art Inc (Tennessee) receives grants from 69 organizations whose IRS filings report $49,820,457 to it, the largest being COMMUNITY FOUNDATION OF GREATER MEMPHIS INC ($19,366,023). 40 of them have funded it in more than one year.
How many funders does Memphis Brooks Museum of Art Inc have?
IRS filings report 69 organizations giving $49,820,457 in grants to Memphis Brooks Museum of Art Inc, 40 of which have funded it in more than one year.
Who is the largest funder of Memphis Brooks Museum of Art Inc?
COMMUNITY FOUNDATION OF GREATER MEMPHIS INC is the largest funder on record, with $19,366,023 in grants. The full list of funders is on this page.
How can an organization like Memphis Brooks Museum of Art Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Memphis Brooks Museum of Art →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 69 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing