Nonprofit · EIN 62-1867308
MEMPHIS TOMORROW
Tax-exempt · MEMPHIS, TN 38103
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,152,867 | $1,059,626 | $93,241 | $635,085 | $292,468 | $342,617 |
| December 31, 2023 | 990 | $952,639 | $1,180,297 | -$227,658 | $503,077 | $253,701 | $249,376 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,130,000
- Membership dues
- $1,000,000
- Program service revenue
- $0
- Investment income
- $22,867
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $632,531
- Compensation of officers, directors and key employees
- $290,716
- Salaries, compensation and benefits (total)
- $342,138
- Professional fundraising fees
- $0
- Accounting fees
- $22,862
- Occupancy
- $23,020
- Depreciation
- $2,546
- Program services (functional)
- $952,124
- Management and general (functional)
- $107,502
Balance sheet and other
- Total assets, start of year
- $503,077
- Total assets, end of year
- $635,085
- Total liabilities, end of year
- $292,468
- Net assets, end of year
- $342,617
- Land, buildings and equipment
- $21,929
- Net assets without donor restrictions
- $342,617
- Gross receipts
- $1,152,867
- Employees
- 1
- Volunteers
- 0
- Year formed
- 2001
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BLAIR TAYLOR | PRESIDENT Key employee | 40 | $290,716 | $36,753 |
| H ERIC BOLTON JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER BUCKLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HORACE CARTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER COLLINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REGINALD COOPWOOD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILIP B DANIELE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD DOBBS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR JAMES R DOWNING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PITT HYDE III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN JORDAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON LITTLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN MCENIRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOYDEN MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHNNY B MOORE JR | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEAN-MICHEL RIBIERAS | DIRECTOR Trustee or director | 1 | $0 |
| KARL SCHLEDWITZ | DIRECTOR Trustee or director | 1 | $0 |
| GARY SHORB | DIRECTOR Trustee or director | 1 | $0 |
| MARK SUTTON | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| TED TOWNSEND | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL UGWUEKE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| BLAIR TAYLOR | PRESIDENT Key employee | 40 | $290,716 | $33,991 |
| H ERIC BOLTON JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PETER BUCKLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HORACE CARTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JENNIFER COLLINS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| REGINALD COOPWOOD | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILIP B DANIELE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EDWARD DOBBS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DR JAMES R DOWNING | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PITT HYDE III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRYAN JORDAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JASON LITTLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KEVIN MCENIRY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BOYDEN MOORE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHNNY B MOORE JR | SECRETARY/TR Trustee or director, Officer | 1 | $0 | $0 |
| JEAN-MICHEL RIBIERAS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KARL SCHLEDWITZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICHARD C SHADYAC JR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GARY SHORB | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARK SUTTON | VICE CHAIRMA Trustee or director, Officer | 1 | $0 | $0 |
| TED TOWNSEND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MICHAEL UGWUEKE | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 40 S MAIN ST STE 1530, MEMPHIS, TN 38103-5502
- In care of
- % BLAIR TAYLOR
- Principal officer (990 for 2024)
- BLAIR TAYLOR, 40 SOUTH MAIN STREET SUITE 1530, MEMPHIS, TN 38103
- Signed the 990
- BLAIR TAYLOR, PRESIDENT
- Phone
- (901) 322-8080
- Website
- WWW.MEMPHISTOMORROW.ORG
- Return prepared by
- REYNOLDS BONE & GRIESBECK PLC
Mission
MEMPHIS TOMORROW IS AN ASSOCIATION OF CEOS OF MEMPHIS' LARGEST BUSINESSES WORKING TO PROMOTE OPPORTUNITY AND QUALITY OF LIFE FOR ALL MEMPHIANS THROUGH COLLECTIVE ACTION AND PUBLIC-PRIVATE PARTNERSHIPS.
Program accomplishments
- MEMPHIS TOMORROW CONTRIBUTES TO THE MEMPHIS SHELBY CRIME COMMISSION FOR PURPOSES OF SUPPORTING THE SAFE COMMUNITY ACTION PLAN.Expenses $160,500
- MEMPHIS TOMORROW FUNDED A PROJECT TO EXPLORE OPPORTUNITIES TO EXPAND HEALTHCARE COVERAGE TO MORE LOW-INCOME FAMILIES.Expenses $165,000 · grants $165,000
- 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.Expenses $250,000 · grants $250,000
- 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.Expenses $376,624 · grants $217,531
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1867308
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S30)
- Assets (IRS master file)
- $635,085
- Income (IRS master file)
- $1,152,867
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,152,867 | $1,059,626 | $635,085 | IRS |
| 990 | December 2023 | $952,639 | $1,180,297 | $503,077 | XML |
| 990 | December 2022 | $1,027,400 | $947,648 | $526,503 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 62-1867308).
Questions about MEMPHIS TOMORROW
- What is the EIN of MEMPHIS TOMORROW?
- The employer identification number (EIN) of MEMPHIS TOMORROW is 62-1867308.
- Is MEMPHIS TOMORROW tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to MEMPHIS TOMORROW tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MEMPHIS TOMORROW file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MEMPHIS TOMORROW due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MEMPHIS TOMORROW last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MEMPHIS TOMORROW?
- The 990 for the year ended December 31, 2024 names BLAIR TAYLOR.
- Who are the officers and directors of MEMPHIS TOMORROW?
- The 990 for the year ended December 31, 2024 lists 21 people; 1 received compensation from the organization, the highest $290,716 (BLAIR TAYLOR, PRESIDENT).
- How much revenue does MEMPHIS TOMORROW have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,152,867, expenses of $1,059,626 and total assets of $635,085 at year end.
Other nonprofits in MEMPHIS
- ORPHEUM THEATRE GROUP EIN 62-0983983 · last filed 990 for 2025
- MEMPHIS RIVER PARKS PARTNERSHIP INC EIN 62-1811726 · last filed 990 for 2025
- BIG WE EIN 83-2421711 · last filed 990 for 2025
- MDCDC INC EIN 81-0729268 · last filed 990 for 2025
- HICKORY RIDGE MALL CD CORPORATION EIN 27-2018242 · last filed 990 for 2024
- VIBRANT MEMPHIS INC EIN 82-0904035 · last filed 990 for 2024
- RIVER CITY CAPITAL INVESTMENT CORP EIN 27-3941432 · last filed 990 for 2025
- PCAMS HOLDINGS EIN 82-2224570 · last filed 990 for 2025
All nonprofits in MEMPHIS · Tennessee · Community improvement and capacity building