Michael Murphey Western Institute Inc
- Assets
- $178.9k
- Revenue
- $317.5k
- Investments
- $43.8k
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 46-3416640
Organization Overview
Michael Murphey Western Institute Inc is located in Nashville, TN. The organization was established in 2014. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Michael Murphey Western Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Michael Murphey Western Institute Inc generated $317.5k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $278.9k during the year ending 12/2022. While expenses have increased by 20.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
A CENTER FOR THE EDUCATION, PRESERVATION AND PERPETUATION OF THE ARTS, CULTURE, HISTORY AND LEGACY OF THE AMERICAN WEST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Goodrich President | 2 | $0 | |
Michael Martin Murphey Founder | 8 | $0 | |
Mark Gregston Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $254,228 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $38,562 |
| Other Income | $24,700 |
| Total Revenue | $317,490 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $9 |
| Taxes | $0 |
| Depreciation | $459 |
| Occupancy | $45,849 |
| Travel, conferences, and meetings | $50,007 |
| Printing and publications | $0 |
| Other expenses | $75,447 |
| Total operating and administrative expenses | $270,099 |
| Contributions, gifts, grants paid | $8,800 |
| Total expenses and disbursements | $278,899 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $133,347 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $600 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $43,800 |
| Net Land, buildings, and equipment | $1,150 |
| Other assets | $0 |
| Total assets | $178,897 |
| Accounts payable and accrued expenses | $2,766 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $2,766 |
Grants Awarded
Over the last fiscal year, Michael Murphey Western Institute Inc has awarded $8,800 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lincoln, NM PURPOSE: DONATION | $5,000 |
Fort Worth, TX PURPOSE: DONATION | $3,800 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Coalition To Salute Americas Heroes Foundation Leesburg, VA | $3,573,595 | $8,478,376 |
Center Of Creative Arts Saint Louis, MO | $22,497,336 | $9,712,696 |
Music City Inc Nashville, TN | $1,837,848 | $7,930,504 |
Crosstown Arts Memphis, TN | $38,457,214 | $4,680,625 |
John C Campbell Folk School Brasstown, NC | $20,488,128 | $4,524,565 |
Kranzberg Arts Foundation St Louis, MO | $18,112,007 | $6,602,930 |
Cafe 1040 Inc Alpharetta, GA | $1,445,364 | $4,184,740 |
Association Of American Voices Saint Louis, MO | $696,688 | $3,487,679 |
Memphis Equity Through Arts Meta Incorporated Memphis, TN | $5,874,530 | $7,164,597 |
Appalshop Inc Whitesburg, KY | $8,650,033 | $2,149,775 |
Memphis In May International Festival Inc Memphis, TN | $4,677,503 | $2,273,583 |
Safe States Alliance Atlanta, GA | $855,123 | $2,462,301 |