39
New Memphis Institute
Science & Technology · Memphis, Tennessee
516 Tennessee St Ste 301, Memphis, TN 38103-4712
EIN: 581607228· Founded: Feb 1986· 40 years active· Filing Year: 2023
Annual Revenue
$3.4M
Total Expenses
$2.7M
Total Assets
$6.0M
Program Spending
20%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$379K
14.1% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$985K
Total Payroll
$1.4M
51% of total expenses
Where the Money Goes
20%
Programs: 20%
Payroll: 51%
Other overhead: 80%
Program Revenue$548K (16%)
Total Expenses$2.7M (80%)
Payroll$1.4M (51%)
Overhead (non-program)80%
Trust Score Breakdown
Program Spending Ratio
20% of expenses go to programs
Revenue & Stability
$3.4M annual revenue
Executive Compensation
$379K total officer comp (14.1% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$6.0M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.