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Nonprofit · EIN 62-0801926

MEMPHIS MUSEUMS INC

Tax-exempt · MEMPHIS, TN 38111

Financials

$4.2M$3.4M2022$4M$4.3M2023$5.2M$5.7M2024
Revenue Expenses · by fiscal year end
Financials of MEMPHIS MUSEUMS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,165,441$5,702,066-$536,625$9,143,732$587,982$8,555,750
June 30, 2024990$4,043,222$4,324,195-$280,973$9,044,142$291,892$8,752,250
June 30, 2023990$4,161,053$3,377,480$783,573$9,216,220$375,186$8,841,034
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$3,058,175
Membership dues
$61,233
Program service revenue
$1,317,221
Investment income
$332,811
Net rental income
$391,685
Net gain from sales of assets
$169,902
Net income from fundraising events
-$17,461
Net income from sales of inventory
$83,010
Other revenue
$457,234

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$216,058
Other salaries and wages
$2,060,761
Salaries, compensation and benefits (total)
$2,556,028
Professional fundraising fees
$0
Travel
$14,723
Depreciation
$55,684
Program services (functional)
$2,556,103
Management and general (functional)
$2,886,209
Fundraising (functional)
$259,754

Balance sheet and other

Total assets, start of year
$9,044,142
Total assets, end of year
$9,143,732
Total liabilities, end of year
$587,982
Net assets, end of year
$8,555,750
Land, buildings and equipment
$707,760
Publicly traded securities
$7,443,084
Net assets without donor restrictions
$4,089,483
Net assets with donor restrictions
$4,466,267
Gross receipts
$7,565,599
Employees
95
Volunteers
0
Year formed
1968
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
WILLIAM THOMPSONEXECUTIVE DIRECTOR TILL 12/12/25
Officer
40$209,635
MCKENZIE PODESTAGENERAL COUNSEL
Trustee or director, Officer
2$0
JERRY GOUDYSECRETARY
Trustee or director, Officer
2$0
JAN COLEMANTRUSTEE
Trustee or director
1$0
GWYN FISHERVICE PRESIDENT
Trustee or director, Officer
2$0
DUNCAN GALBREATHPRESIDENT
Trustee or director, Officer
2$0
KYLE GOWENTREASURER
Trustee or director, Officer
2$0
SHERRY HAWKINSTRUSTEE
Trustee or director
1$0
DAVID HUNTTRUSTEE
Trustee or director
1$0
JAMILA SMITH-YOUNGTRUSTEE
Trustee or director
1$0
SHANNON TUCKERTRUSTEE
Trustee or director
1$0
JAMEY MAKITRUSTEE
Trustee or director
1$0
JEFF KINGINTERIM EXEC. DIRECTOR BEG 12/12/25
Officer
1$0
990 for the year ended June 30, 2024: 20 people
NameTitleHours / weekCompensation
WILLIAM THOMPSONEXECUTIVE DIRECTOR
Trustee or director, Officer
40$201,640
TARIQ HASANPRESIDENT
Trustee or director, Officer
2$0
MCKENZIE PODESTAGENERAL COUNSEL
Trustee or director, Officer
2$0
LINDA FOSTERSECRETARY
Trustee or director, Officer
2$0
JOY BOWENTRUSTEE
Trustee or director
1$0
JAN COLEMANTRUSTEE
Trustee or director
1$0
GWYN FISHERTRUSTEE
Trustee or director
1$0
DUNCAN GALBREATHTRUSTEE
Trustee or director
1$0
KYLE GOWENTRUSTEE
Trustee or director
1$0
CLEO GRIFFINTRUSTEE
Trustee or director
1$0
SHERRY HAWKINSTRUSTEE
Trustee or director
1$0
CAROL HUFFTRUSTEE
Trustee or director
1$0
DAVID HUNTTRUSTEE
Trustee or director
1$0
JUSTIN JAMERSONTRUSTEE
Trustee or director
1$0
SARAH HUNTER SIMANSONTRUSTEE
Trustee or director
1$0
JAMILA SMITH-YOUNGTRUSTEE
Trustee or director
1$0
SHANNON TUCKERTRUSTEE
Trustee or director
1$0
NICK WALKERTRUSTEE
Trustee or director
1$0
STACEY RICHARDSTREASURER
Officer
2$0
DUNCAN WILLIAMSVICE PRESIDENT
Officer
2$0
990 for the year ended June 30, 2023: 24 people
NameTitleHours / weekCompensation
KEVIN THOMPSONEXECUTIVE DIRECTOR
Trustee or director, Officer
40$177,778
BERTHA GILMORESECRETARY/FRIENDS PRESIDENT
Trustee or director, Officer
2$0
CLEO GRIFFINTRUSTEE
Trustee or director
1$0
DEIDRE MALONETRUSTEE
Trustee or director
1$0
DR BEVERLY BONDTRUSTEE
Trustee or director
1$0
DUNCAN GALBREATHVICE PRESIDENT
Trustee or director, Officer
2$0
GWYN FISHERTRUSTEE
Trustee or director
1$0
JAMEY MAKITRUSTEE
Trustee or director
1$0
JAMILA SMITH-YOUNGTRUSTEE
Trustee or director
1$0
JAN COLEMANTRUSTEE
Trustee or director
1$0
JANET LYONSTRUSTEE
Trustee or director
1$0
JOY BOWENTRUSTEE
Trustee or director
1$0
JUSTIN JAMERSONTRUSTEE
Trustee or director
1$0
KYLE GOWENTRUSTEE
Trustee or director
1$0
LINDA FOSTERPAST FRIENDS VICE PRESIDENT
Trustee or director, Officer
2$0
MCKENZIE PODESTAGENERAL COUNSEL
Trustee or director, Officer
2$0
MIKE RODRIGUEZTRUSTEE
Trustee or director
1$0
NICK WALKERTRUSTEE
Trustee or director
1$0
RICHARD MARSHTRUSTEE
Trustee or director
1$0
SARAH HUNTER SIMANSONTRUSTEE
Trustee or director
1$0
SHERRY HAWKINSTRUSTEE
Trustee or director
1$0
TARIQ HASANPRESIDENT
Trustee or director, Officer
2$0
TERILYN MCCHRISTONTRUSTEE
Trustee or director
1$0
STACEY RICHARDSTREASURER
Officer
2$0

Address and contacts

Address (IRS master file)
3050 CENTRAL AVE, MEMPHIS, TN 38111-3316
Principal officer (990 for 2024)
JEFF KING, 3050 CENTRAL AVENUE, MEMPHIS, TN 38111
Signed the 990
JEFF KING, INTERIM EXECUTIVE DIRECTOR
Phone
(901) 636-2370
Return prepared by
HENDERSON HUTCHERSON & MCCULLOUGH PLLC

Mission

THE PINK PALACE FAMILY OF MUSEUMS INSPIRES PEOPLE TO LEARN HOW HISTORY, SCIENCE, TECHNOLOGY, AND NATURE SHAPE THE MID-SOUTH. THROUGH RICH COLLECTIONS, THOUGHT-PROVOKING EXHIBITIONS, AND ENGAGING PROGRAMS, WE ENCOURAGE OUR DIVERSE COMMUNITY TO REFLECT (CONTINUED) (CONTINUED) ON THE PAST, UNDERSTAND THE PRESENT, AND INFLUENCE THE FUTURE.

990 for the year ended June 30, 2025

Program accomplishments

  • MEMPHIS MUSEUM EDUCATION PROGRAMS -- GIANT SCREEN THEATER FEATURING HISTORY, NATURAL HISTORY, AND SCIENCE FILMS; LICHTERMAN NATURE CENTER FEATURING INDOOR EXHIBITS AND OUTDOOR HABITATS WITH ENVIRONMENTAL EDUCATION PROGRAMS; PINK PALACE EDUCATION SCHOOL AND GENERAL AUDIENCE PROGRAMS; COON CREEK SCIENCE CENTER FOR SCHOOL GROUPS EVACAVATING 73 MILLION Y.O. FOSSILS INCLUDING UNIVERSITY RESEARCH AND TEACHER TRAINING IN PARTERSHIP WITH UNIV TN-MARTIN; SHARPE PLANETARIUM FEATURING EDUCATIONAL ASTROMONY-RELATED SHOW FOR THE PUBLIC AND SCHOOL GROUPS; AND HISTORIC PROPERTIES --EDUCATIONAL PROGRAMS AND GUIDED TOURS OF THE 1836 MAGEVNEY HOUSE AND THE 1852 MALLORY-NEELY HOUSE. PROGRAMS INCLUDE HISTORIC PRESERVATION PROJECTS; GUIDED TOURS INTERPRETING THE HOMES, THE PEOPLE WHO LIVED IN THEM, THE FURNISHINGS, CLOTHING, (CONTINUED) (CONTINUED) FOOD, AND SOCIAL HISTORY AS EXPERIENCED THROUGH THE RESIDENTS OF THE HOUSES. 332,905 PERSONS BENEFITTED.
    Expenses $1,270,409 · revenue $1,107,028
  • PINK PALACE EXHIBITIONS -- PERMANENT EXHIBITIONS ABOUT THE CULTURAL HISTORY AND NATURAL HISTORY OF THE MID-SOUTH. TEMPORARY/TRAVELING EXHIBITIONS ABOUT SCIENCE, HISTORY, AND NATURAL HISTORY. 149,191 PERSONS BENEFITTED.
    Expenses $1,225,634 · revenue $279,241
  • CURATORIAL SERVICES -- CONSERVATION AND PRESERVATION OF OVER 60,000 ARTIFACTS AND OBJECTS IN SUPPORT OF EDUCATION PROGRAMS AND EXHIBITIONS. 482,096 PERSONS BENEFITTED.
    Expenses $60,060 · revenue $13,962

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
62-0801926
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1969
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,143,732
Income (IRS master file)
$7,565,599

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,165,441$5,702,066$9,143,732XML
990June 2024$4,043,222$4,324,195$9,044,142XML
990June 2023$4,161,053$3,377,480$9,216,220XML
990June 2022$4,622,803$2,356,436$8,413,401IRS
990June 2021–––IRS
990June 2020–––IRS
990June 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 62-0801926).

Questions about MEMPHIS MUSEUMS INC

What is the EIN of MEMPHIS MUSEUMS INC?
The employer identification number (EIN) of MEMPHIS MUSEUMS INC is 62-0801926.
Is MEMPHIS MUSEUMS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1969.
Are donations to MEMPHIS MUSEUMS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MEMPHIS MUSEUMS INC 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 MUSEUMS INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MEMPHIS MUSEUMS INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of MEMPHIS MUSEUMS INC?
The 990 for the year ended June 30, 2025 names JEFF KING.
Who are the officers and directors of MEMPHIS MUSEUMS INC?
The 990 for the year ended June 30, 2025 lists 13 people; 1 received compensation from the organization, the highest $209,635 (WILLIAM THOMPSON, EXECUTIVE DIRECTOR TILL 12/12/25).
How much revenue does MEMPHIS MUSEUMS INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,165,441, expenses of $5,702,066 and total assets of $9,143,732 at year end.

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