A mathematical model is developed to jointly analyze elastic and inelastic scattering data of fluctuating membranes within a single theoretical framework. The model builds on a nonhomogeneously clipped time-dependent Gaussian random field. This specific approach provides one with general analytical expressions for the intermediate scattering function for any number of sublayers in the membrane and arbitrary contrasts. The model is illustrated with the analysis of small-angle x-ray and neutron scattering as well as with neutron spin-echo data measured on unilamellar vesicles prepared from phospholipids extracted from porcine brain tissues. The parameters fitted on the entire data set are the lengths of the chain and the head of the molecules that make up the membrane, the amplitude and lateral sizes of the bending deformations, the thickness fluctuation, and a single parameter characterizing the dynamics.