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Cotton Museum Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621828260 ✦ Memphis, TN ✦ Designated as a 501(c)(3)

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Overview

What is Cotton Museum Inc?

Cotton Museum Inc, situated in Memphis, Tennessee, is a nonprofit organization with a rich mission. Established at 65 Union Ave, this institution is dedicated to preserving the historical significance and cultural impact of the cotton industry. By providing an educational and historically accurate museum, Cotton Museum Inc aims to honor and safeguard the stories of the individuals, businesses, and events that have shaped this industry, particularly in the context of Memphis. With a team of six dedicated individuals, this nonprofit serves as a vital resource for understanding the cotton industry's influence on Memphis's history and culture.


Official website here: www.memphiscottonmuseum.org

Is Cotton Museum Inc legitimate?

Cotton Museum Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cotton Museum Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,758

For more financial information, click here


Official website here: www.memphiscottonmuseum.org

What is the mission statement of Cotton Museum Inc?

The Cotton Museum Inc's mission is centered around preserving the history, heritage, and culture of the cotton industry on a broader scale. It aims to honor and safeguard the historical records of the individuals, businesses, and events that have significantly influenced the cotton industry. The museum strives to achieve this by establishing an educational and historically accurate institution in Memphis, Tennessee, providing insight into the cotton industry's impact on the city's history and culture. The primary goal is to educate and enlighten visitors about the cotton industry's rich past and its enduring influence.


Official website here: www.memphiscottonmuseum.org

Who is the CEO of Cotton Museum Inc?

Murry Mcclintock is the President of Cotton Museum Inc.


Official website here: www.memphiscottonmuseum.org

What is the revenue of Cotton Museum Inc?

Cotton Museum Inc's revenue in 2022 was $118,457.


Official website here: www.memphiscottonmuseum.org

Who are the executives of Cotton Museum Inc and what are their salaries?

The average compensation at Cotton Museum Inc during 2022 was $10,460. There are 6 employees at Cotton Museum Inc.


Here are 14 key members and their salaries:


Trey Jones (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calvin Turley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chip Crain (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kellie Prescott (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Haizlip (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
S W Farnsworth Iii (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hope Brooks (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mcclain Gordon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wanda Shea (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derita Williams (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
London Lamar (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Miller (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tanja Mitchell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Murry Mcclintock (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.memphiscottonmuseum.org

Where can I find the form 990 for Cotton Museum Inc?

Cotton Museum Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.memphiscottonmuseum.org

Learn more at the official website: www.memphiscottonmuseum.org

Mission Statement of Cotton Museum Inc

The Cotton Museum Inc, in its mission, is dedicated to preserving the rich history, culture, and heritage of the cotton industry. This nonprofit organization aims to honor and safeguard the historical records of the individuals, businesses, and events that have significantly impacted this industry. By establishing an educational and historically accurate museum, Cotton Museum Inc seeks to provide a platform that educates visitors about the cotton industry's influence on Memphis, Tennessee's history and culture. The museum's purpose is to not only showcase the past but also serve as a means to promote understanding and appreciation for the role of the cotton industry in shaping societal developments.

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Impact




October, 2024

Cotton Museum Inc. plays a vital role in preserving the rich history, heritage, and culture of the cotton industry, particularly as it relates to Memphis, Tennessee. By honoring the historical record of individuals, businesses, and significant events that shaped this vital sector, the museum not only educates the public about the cotton industry's impact but also fosters a deeper understanding of its contributions to the local economy and culture.

Through carefully curated exhibits and educational resources, Cotton Museum Inc. serves as a repository of knowledge, highlighting the intricate connections between the cotton industry and the development of Memphis. The museum stands as a testament to the industry’s historical significance, allowing visitors to explore the interplay between agriculture, industry, and social change in the region.

Moreover, Cotton Museum Inc. encourages community engagement and preserves the legacy of those who have influenced the cotton landscape, ensuring that the stories of the past continue to resonate in contemporary discussions about heritage and economic development. In doing so, it enriches the cultural fabric of Memphis, making the city's history accessible and relevant for future generations.




This information is meant to be a general summary of Cotton Museum Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$118,457 (2022)
Expenses
$194,149 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $41,342
  • Gross Receipts: $125,752

Assets and Liabilities:

  • Total Assets: $921,928
  • Total Liabilities: $176,496
  • Net Assets: $745,432

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Admission Fees

Revenue

$41,342

Organization Details

Founding Year

2000

Principal Officer

Murry Mcclintock

Main Address

65 Union Ave, Memphis, TN, 38103

NTEE Category

Code: A50 - Arts

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