Peabody Place Museum Foundation
- Assets
- $12.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Memphis, TN
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 62-1759105
Organization Overview
Peabody Place Museum Foundation is located in Memphis, TN. The organization was established in 2000. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peabody Place Museum Foundation 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 12/2021, Peabody Place Museum Foundation generated $2.1m in total revenue. All expenses for the organization totaled $140.6k during the year ending 12/2021.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MAINTENANCE OF THE MUSEUM AND THE MUSEUM GIFT SHOP
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jack A Belz President/director | 0 | $0 | |
Jimmie D Williams Treasurer/director | 0 | $0 | |
Ronald A Belz Secretary/director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,112,350 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,860 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $1,456 |
| Other Income | $6,075 |
| Total Revenue | $2,105,021 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $85,309 |
| Pension plans, employee benefits | $12,750 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $1,132 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36,045 |
| Total operating and administrative expenses | $140,636 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $140,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,083 |
| Savings and temporary cash investments | $16,744 |
| Net Accounts receivable | $0 |
| 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 | $11,026 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $8,032 |
| Other assets | $12,772,065 |
| Total assets | $12,814,950 |
| Accounts payable and accrued expenses | $308 |
| 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 | $4,071 |
| Total liabilities | $4,379 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peabody Place Museum Foundation has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
Belz 2008 Foundation Memphis, TN PURPOSE: FOR EXEMPT PURPOSE | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
State Employees Credit Union Foundation Raleigh, NC | $54,794,768 | $18,518,126 |
Johnny Morris Foundation Springfield, MO | $120,561,207 | $600,000 |
Ichauway Inc Newton, GA | $38,010,143 | $29,470,336 |
Collective Impact Network Saint Louis, MO | $21,375,860 | $4,592,347 |
Jones Trust Springdale, AR | $87,208,961 | $7,926,357 |
Mceachern Endowment Fund Inc Powder Springs, GA | $13,981,287 | $6,848,994 |
Pebble Hill Foundation Inc Thomasville, GA | $45,568,261 | $2,596,354 |
Drumm Center For Children Inc Independence, MO | $21,203,192 | $3,719,217 |
Dn Leadership Inc Louisville, KY | $2,441,151 | $7,192,611 |
Institute For The Advancement Of Minority Health Madison, MS | $471,724 | $1,858,283 |
Agecroft Association Richmond, VA | $24,452,362 | $3,235,294 |
Paul Millsap Foundation Corp Atlanta, GA | $74,268 | $1,325,506 |