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Memphis Library Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621590768 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

Overview

What is Memphis Library Foundation?

The Memphis Library Foundation, based at 3030 Poplar Avenue, Memphis, Tennessee 38111, is a dedicated nonprofit organization. Its primary mission is to enhance the collections of the Memphis Public Library, thereby contributing to the intellectual growth and experiences of the community. By raising awareness and amassing funds, this foundation plays a pivotal role in the transformation of Memphis, fostering a city that values knowledge and shared experiences. With a team of four employees, the Memphis Library Foundation is an integral part of the local educational landscape, continually supporting the Memphis Public Libraries.


Official website here: www.memphislibraryfoundation.org

Is Memphis Library Foundation legitimate?

Memphis Library Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Memphis Library Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $110,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $74,817

For more financial information, click here


Official website here: www.memphislibraryfoundation.org

What is the mission statement of Memphis Library Foundation?

The Memphis Library Foundation, in its mission, aims to transform communities by fostering knowledge and experiences. They accomplish this by raising awareness and securing funds for the public libraries in Memphis. Their primary goal is to enhance the library collections, thereby promoting learning and personal growth for a diverse population. The foundation's activities contribute to enriching the intellectual and cultural landscape of the communities they serve.


Official website here: www.memphislibraryfoundation.org

Who is the CEO of Memphis Library Foundation?

Christine Weinreich is the Chairman of Memphis Library Foundation.


Official website here: www.memphislibraryfoundation.org

What is the revenue of Memphis Library Foundation?

Memphis Library Foundation's revenue in 2022 was $5,043,192.


Official website here: www.memphislibraryfoundation.org

Who are the executives of Memphis Library Foundation and what are their salaries?

The average compensation at Memphis Library Foundation during 2022 was $46,204. There are 4 employees and 17 volunteers at Memphis Library Foundation.

Here are 18 key members and their salaries:

    Christine Weinreich (Executive Director)
  • Compensation: $116,357
  • Related: $0
  • Other: $0

    • Lawson Arney (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Margaret Mclean (Vice-Chair/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Grosvenor (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Munson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen C Matthews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cynthia Bradford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack A Belz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gerre Currie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Dale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorsey E Hopson Ii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kim Macqueen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Herman Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juilette Paul (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Campbell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Fuhrmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John A Lewis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Lindsey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.memphislibraryfoundation.org

    Where can I find the form 990 for Memphis Library Foundation?

    The Memphis Library Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.memphislibraryfoundation.org

    Learn more at the official website: www.memphislibraryfoundation.org

    Mission Statement of Memphis Library Foundation

    The Memphis Library Foundation plays a significant role in transforming the city of Memphis by raising awareness and securing funds for its public libraries. Their mission is to enhance the knowledge and experiences of the community through these libraries, thereby contributing to the city's overall development. The foundation's primary objective is to improve the collections within the Memphis Public Libraries, thereby providing access to a wider range of resources and opportunities for learning. By supporting this vital institution, the Memphis Library Foundation is instrumental in fostering an environment that encourages lifelong learning and fosters personal growth among its city's residents.

    Impact

    This information is meant to be a general summary of Memphis Library Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Memphis Library Foundation has a significant impact on the community by enhancing the collections of the Memphis Public Library. Through raising awareness and funds, the foundation transforms Memphis through knowledge and experiences, making valuable resources accessible to the public. This contributes to the educational development and enrichment of individuals in Memphis, providing a platform for lifelong learning and growth.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $391,350
  • Program Service Revenue: $84,828
  • Gross Receipts: $5,469,222

    • Assets and Liabilities:
  • Total Assets: $12,009,130
  • Total Liabilities: $38,412
  • Net Assets: $11,970,718
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    SERVICE FEES

    Revenue

    $84,828

    Organization Details

    Founding Year

    1995

    Principal Officer

    Christine Weinreich

    Main Address

    3030 POPLAR AVENUE, MEMPHIS, TN, 38111

    NTEE Category

    Code: B110 - Education

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