Totals
- Total revenue
- $1,390,490
- Total expenses
- $1,901,731
- Contributions and grants received
- $401,217
- Grants paid
- $0
- Program service revenue
- $17,058
- Investment income
- $943,052
- Other revenue
- $29,163
- Total assets, end of year
- $12,114,412
- Total liabilities, end of year
- $111,241
- Net assets or fund balances, end of year
- $12,003,171
- Program services expenses (Part IX)
- $1,383,619
- Management and general expenses
- $276,313
- Fundraising expenses
- $241,799
- Program service expenses (Part III)
- $1,383,619
Program services were 72.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$152,431
-
1f · All other contributions, gifts and grants
$248,786
-
2a · Program service revenue: SERVICE FEES
total $17,058 · related or exempt $17,058
-
3 · Investment income
total $552,705 · excluded $552,705
-
7a · Gross sales of assets other than inventory
securities $3,363,536
-
7b · Less cost or other basis and sales expenses
securities $2,973,189
-
7c · Gain or loss
securities $390,347
-
7d · Net gain or loss
total $390,347 · related or exempt $390,347
-
8a · Fundraising events: gross income
$76,124
-
8b · Fundraising events: direct expenses
$46,961
-
8c · Net income from fundraising events
total $29,163 · excluded $29,163
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $129,582 · program services $45,354 · management and general $20,733 · fundraising $63,495
-
7 · Other salaries and wages
total $193,004 · program services $64,881 · management and general $32,429 · fundraising $95,694
-
8 · Pension plan contributions
total $45,278 · program services $16,944 · management and general $7,774 · fundraising $20,560
-
10 · Payroll taxes
total $28,140 · program services $9,818 · management and general $4,696 · fundraising $13,626
-
11g · Fees: other
total $6,144 · program services $777 · management and general $4,590 · fundraising $777
-
12 · Advertising and promotion
total $24,793 · program services $9,792 · management and general $4,343 · fundraising $10,658
-
13 · Office expenses
total $7,631 · program services $1,370 · management and general $6,261
-
14 · Information technology
total $48,798 · program services $48,798
-
17 · Travel
total $34,561 · program services $17,628 · management and general $16,933
-
23 · Insurance
total $3,354 · management and general $3,354
-
24a · Other expenses: FURNITURE AND EQUIPMENT
total $504,673 · program services $504,673
-
24b · Other expenses: PROFESSIONAL FEES
total $313,960 · program services $228,997 · management and general $84,963
-
24c · Other expenses: SOFTWARE
total $119,471 · program services $65,407 · management and general $54,064
-
24d · Other expenses: SUPPLIES
total $104,816 · program services $102,798 · fundraising $2,018
-
24e · All other expenses
total $337,526 · program services $266,382 · management and general $36,173 · fundraising $34,971
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $140,818 · end of year $87,222
-
2 · Savings and temporary cash investments
beginning of year $2,667,613 · end of year $1,961,874
-
3 · Pledges and grants receivable
beginning of year $147,848 · end of year $78,370
-
4 · Accounts receivable
beginning of year $23,506 · end of year $11,667
-
9 · Prepaid expenses and deferred charges
beginning of year $417 · end of year $70
-
12 · Investments: other securities
beginning of year $9,358,211 · end of year $9,881,686
-
15 · Other assets
beginning of year $84,924 · end of year $93,523
-
17 · Accounts payable and accrued expenses
beginning of year $23,244 · end of year $111,241
-
27 · Net assets without donor restrictions
beginning of year $2,276,610 · end of year $2,170,791
-
28 · Net assets with donor restrictions
beginning of year $10,123,483 · end of year $9,832,380
Mission and programs · 2024
Mission
MEMPHIS LIBRARY FOUNDATION TRANSFORMS MEMPHIS THROUGH KNOWLEDGE AND EXPERIENCES BY RAISING AWARENESS AND FUNDS FOR THE MEMPHIS PUBLIC LIBRARIES.
Activities or mission (Part I)
MEMPHIS LIBRARY FOUNDATION TRANSFORMS MEMPHIS THROUGH KNOWLEDGE AND EXPERIENCE BY RAISING AWARENESS AND FUNDS FOR THE MEMPHIS PUBLIC LIBRARIES.
-
THE MEMPHIS LIBRARY FOUNDATION PROVIDED ENHANCEMENTS TO THE COLLECTIONS OF THE MEMPHIS PUBLIC LIBRARY.
Expenses $21,929
-
THE MEMPHIS LIBRARY FOUNDATION PROVIDED FUNDING FOR VARIOUS SPECIAL PROJECTS AND EDUCATIONAL PROGRAMS THAT ARE HELPING THE LIBRARY'S CUSTOMERS CONNECT, LEARN, AND GROW.
Expenses $1,361,690 · Revenue $407,405
As filed on the 2024 return.
Listed in Part VII
-
Christine WeinreichCHRISTINE WEINREICH
EXECUTIVE DIRECTOR
- Total calculated
- $129,582
- From this org
- $129,582
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Gerre CurrieGERRE CURRIE
CHAIR
- Total calculated
- $0
- Hours/week
- 4
-
Jonathan A LindseyJONATHAN A LINDSEY
VICE-CHAIR/TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
John LewisJOHN LEWIS
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Juliette PaulJULIETTE PAUL
AT LARGE MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Jack A BelzJACK A BELZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Toria BrownTORIA BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer CampbellJENNIFER CAMPBELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Maria FuhrmannMARIA FUHRMANN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Petya K GradyPETYA K GRADY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Calvetta MathisCALVETTA MATHIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Herman MorrisHERMAN MORRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sean NorrisSEAN NORRIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alejandro ParedesALEJANDRO PAREDES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leonard Perkins SrLEONARD PERKINS SR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Crady SchneiderCRADY SCHNEIDER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jody ShutzbergJODY SHUTZBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 4 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202640419349300114
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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