Gilmore Sanitarium Inc
- Assets
- $16.4m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Amory, MS
- Founding
- 12/1937
- Data as of
- 05/2022
- EIN
- 64-0331636
Organization Overview
Gilmore Sanitarium Inc is located in Amory, MS. The organization was established in 1937. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Gilmore Sanitarium 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 05/2022, Gilmore Sanitarium Inc generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.5% each year. All expenses for the organization totaled $1.1m during the year ending 05/2022. While expenses have increased by 4.6% per year over the past 7 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.
Since 2015, Gilmore Sanitarium Inc has awarded 95 individual grants totaling $3,353,125. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ivan O Buddy Bryant Jr Vice Preside | 0 | $0 | |
Phillip Roberts Director | 0 | $0 | |
Larry Clark Secretary | 0 | $0 | |
Pete Patterson Director | 0 | $0 | |
Robert Cole Director | 0 | $0 | |
William T Skip Miles Jr President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $324,441 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,228,194 |
| Capital Gain Net Income | $1,228,194 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $150,859 |
| Total Revenue | $1,703,494 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $164,366 |
| Pension plans, employee benefits | $4,748 |
| Interest | $0 |
| Taxes | $1,185 |
| Depreciation | $14,163 |
| Occupancy | $7,294 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $270 |
| Other expenses | $157,775 |
| Total operating and administrative expenses | $474,149 |
| Contributions, gifts, grants paid | $625,000 |
| Total expenses and disbursements | $1,099,149 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $198,579 |
| Savings and temporary cash investments | $15,633,315 |
| 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 | $0 |
| Prepaid expenses and deferred charges | $32,563 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $507,768 |
| Other assets | $12,313 |
| Total assets | $16,384,538 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,894 |
| Total liabilities | $1,894 |
Grants Awarded
Over the last fiscal year, Gilmore Sanitarium Inc has awarded $625,000 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
AMORY PUBLIC SCHOOLS PURPOSE: BUSES | $99,637 |
REGIONAL REHAB PURPOSE: ASSISTANCE WITH PROGRAMS | $60,000 |
FUMC ORGAN FUND PURPOSE: ORGAN | $60,000 |
ICC PURPOSE: SCHOLARSHIP FUND | $60,000 |
MUW PURPOSE: SCHOLARSHIP FUND | $50,000 |
NMMC PURPOSE: EQUIPMENT | $42,913 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penner Family Foundation Bentonville, AR | $146,107,822 | $15,983,833 |
J R Hyde Iii Foundation Memphis, TN | $230,354,058 | $26,306,779 |
First Horizon Foundation Memphis, TN | $37,840,936 | $11,265,846 |
The William B Wiener Jr Foundation Shreveport, LA | $23,196,478 | $3,677,470 |
Bashinsky Foundation Inc Birmingham, AL | $2,626,965 | $3,568,518 |
Ergon Foundation Inc Jackson, MS | $213,824,095 | $11,919,127 |
Winthrop Rockefeller Foundation Little Rock, AR | $169,499,273 | $12,187,719 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
Irene W And C B Pennington Foundation Baton Rouge, LA | $0 | $6,041,681 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |