Memphis Tomorrow
Promotes opportunity and quality of life in Memphis through business leader collaboration and partnerships. For fiscal year 2024 it reported $1.2M in revenue, $1.1M in expenses, and $343K in net assets.Pt I
- Type
- Public charity (501(c)(3)) · Community Development
- Location
- Memphis, TN
- Website
- www.memphistomorrow.org
- Filings
- 5 on file (2020–2024)
More identity details & actions ⌄
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Summary of the Filing
Where the work happens
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 funded a project to explore opportunities to expand healthcare coverage to more low-income families.
Memphis tomorrow contributes to the memphis shelby crime commission for purposes of supporting the safe community action plan.
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Identity & Classification
Governance & Policies
Officers, Directors & Key Employees
Blair Taylor’s $291K as President is at the 85th percentile of top reported officer pay among 2834 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 1 named individual · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Blair Taylor | $290,716 | $290,716 | $323,716 | $266,046 | $266,721 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Statement of Revenue
Statement of Functional Expenses
Balance Sheet
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 90% | — | — |
| Overhead ratio | 10% | — | — |
| Fundraising cost ratio | 0% | — | — |
| Revenue growth | 21% | — | — |
| Accounting fee ratio | 2% | — | — |
Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.
Grants
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Filings & Schedule Manifest
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Sources
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