Tennessee · Nonprofit
NEW MEMPHIS INSTITUTE
NEW MEMPHIS INSTITUTE (Tennessee) receives grants from 27 organizations whose IRS filings report $3,230,128 to it, the largest being JR HYDE III FAMILY FOUNDATION ($1,050,600). 21 of them have funded it in more than one year.
- Revenue FY2025
- $3.4M
- Funders on record
- 27
- Grants received
- $3.2M
- Net assets
- $4.5M
What New Memphis Institute does
Mission
New memphis forges a prosperous and vital new memphis by developing, activating and retaining talent in order to move memphis forward by delivering programs that empower and inspire individuals to further develop the strengths of our city.
As stated on its FY2025 Form 990.
Programs
The leadership development intensive is a three-and-a-half day training experience delivered two times a year in partnership with franklin & white. More than 1,200 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 develop & activate top talent to memphis (over 3,000 persons benefited).
$336,632 spent$398,195 earned by the program13% of program spendingThe fellows program is a 10-month engagement that gives high-performing, mid-career 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 almost 200 caps that have been completed to date. (1,100 persons benefited).
$337,478 spent$82,600 earned by the program13% of program spendingEmbark was developed to equip promising early 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 (1,400 persons benefited).
$288,721 spent$34,960 earned by the program11% of program spendingAll other remaining program services
$1,677,725 spent$91,420 earned by the program64% of program spending
The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,640,556.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $4.1M to $5.2M (+28%).
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.
Government-grant reliance: 2020 12% · 2021 21% · 2023 5%. Grants only. Government contracts and fees sit inside program revenue.
79% of NEW MEMPHIS INSTITUTE’s revenue is contributions — more earned-revenue than three-quarters of its peers (97% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
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.
Chief executive
Anna Mullins Ellis
CEO
Board chair
Tish Towns
Board chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2018 and FY2019, and between the FY2021 and FY2022 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 6 funders to 9 funders, grant income rose $61k → $634k.
4 of 27 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 11% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $1.8M from 6 payers (the payer shares this organization's board, largest Community Foundation of Greater Memphis Inc). These are real filings, and they are not money NEW MEMPHIS INSTITUTE raised.
From the IRS filings of NEW MEMPHIS INSTITUTE’s funders (the co-funder graph). 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
NEW MEMPHIS INSTITUTE leans on a few funders — its largest provides 33% of grant income and the top three 61%; half comes from just 2 funders.
the vertical line marks half of all grant income — 2 funders to its left
Largest funder’s share by year: 2017 45% · 2018 44% · 2019 35% · 2020 36% · 2021 35% · 2022 33% · 2023 47% — growing more concentrated.
“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
32% of NEW MEMPHIS INSTITUTE's funders are still giving 3 years after their first grant; 78% give in more than one year at all.
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
89% of NEW MEMPHIS INSTITUTE's grant income comes from Tennessee funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $358k arriving through sponsors registered in 4 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.
Against its field
NEW MEMPHIS INSTITUTE runs a healthier operating margin than half of the 431 civil rights nonprofits its size.
this organization peer median middle 50% of peers· 431 civil rights nonprofits $1M–$10M, FY2025
Organizations like NEW MEMPHIS INSTITUTE
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
89% of spending goes to programs.
Governance
Public support
78%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for NEW MEMPHIS INSTITUTE: 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.
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 NEW MEMPHIS INSTITUTE?
- NEW MEMPHIS INSTITUTE (Tennessee) receives grants from 27 organizations whose IRS filings report $3,230,128 to it, the largest being JR HYDE III FAMILY FOUNDATION ($1,050,600). 21 of them have funded it in more than one year.
- How many funders does NEW MEMPHIS INSTITUTE have?
- IRS filings report 27 organizations giving $3,230,128 in grants to NEW MEMPHIS INSTITUTE, 21 of which have funded it in more than one year.
- Who is the largest funder of NEW MEMPHIS INSTITUTE?
- JR HYDE III FAMILY FOUNDATION is the largest funder on record, with $1,050,600 in grants. The full list of funders is on this page.
- How can an organization like NEW MEMPHIS INSTITUTE 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 New Memphis Institute →
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 27 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 14, 2026. What this page cannot tell you · view filing