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 represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $278.9k during the year ending 12/2022. While expenses have increased by 9.2% 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.
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Martin Murphey Founder | 8 | $0 | |
Frank Goodrich President | 2 | $0 | |
Mark Gregston Board Member | 2 | $0 |
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 |
Over the last fiscal year, Michael Murphey Western Institute Inc has awarded $8,800 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
COWTOWN BIRTHPLACE OF WESTERN SWING PURPOSE: DONATION | $3,800 |
FRIENDS OF HISTORIC LINCOLN PURPOSE: DONATION | $5,000 |