YMCA of Middle Tennessee
Fiscal Year
Fiscal Year Start
01/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$81,424,234.00
Projected Expenses
$80,383,416.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
| ymca of middle tennessee irs ltr | 1957 |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $118,986,688.00 | $87,533,650.00 | $62,038,320.00 |
| Total Expenses | $81,925,777.00 | $71,444,553.00 | $65,095,898.00 |
| Revenue Less Expenses | $37,060,911.00 | $16,089,097.00 | ($3,057,578.00) |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | $0.00 |
| Government - Federal | $0.00 | $0.00 | $0.00 |
| Government - State | $0.00 | $0.00 | $0.00 |
| Government - Local | $0.00 | $0.00 | $0.00 |
| Government - Unspecified | $21,504,317.00 | $10,508,524.00 | $10,552,320.00 |
| Contributions, Gifts, and Grants | $7,344,609.00 | $28,665,449.00 | $6,474,286.00 |
| Indirect Public Support | $15,731.00 | $22,344.00 | $20,686.00 |
| Earned Revenue | $88,748,613.00 | $47,288,929.00 | $44,097,811.00 |
| Investment Income, Net of Losses | $75,183.00 | $4,655.00 | $28,794.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $286,397.00 | $332,163.00 | $207,289.00 |
| Revenue In-Kind | $5,113.00 | $17,939.00 | $11,546.00 |
| Other | $1,006,725.00 | $693,647.00 | $645,588.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $71,444,301.00 | $61,642,768.00 | $54,355,682.00 |
| Administration Expense | $9,181,659.00 | $8,504,562.00 | $9,592,508.00 |
| Fundraising Expense | $1,299,817.00 | $1,297,223.00 | $1,147,708.00 |
| Total Revenue/Total Expenses | 145% | 123% | 95% |
| Program Expense/Total Expenses | 87% | 86% | 84% |
| Fundraising Expense/Contributed Revenue | 2% | 2% | 2% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Program Revenue $88,748,613.00 | Program Revenue $47,288,929.00 | Program Revenue $44,097,811.00 |
| Second Highest Funding Source & Dollar Amount | Government Grants $21,504,317.00 | Contributions, Gifts, and Grants $28,665,449.00 | Government Grants $10,552,320.00 |
| Third Highest Funding Source & Dollar Amount | Contributions, Gifts, and Grants $7,344,609.00 | Government Grants $10,508,524.00 | Contributions, Gifts, and Grants $6,474,286.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $34,069,768.00 | $143,560,078.00 | $124,565,397.00 |
| Current Assets | $51,895,348.00 | $45,340,938.00 | $23,803,839.00 |
| Long-Term Liabilities | $24,581,140.00 | $37,956,504.00 | $45,290,946.00 |
| Current Liabilities | $50,339,368.00 | $21,230,329.00 | $11,626,926.00 |
| Total Net Assets | $123,900,210.00 | $84,373,245.00 | $67,647,525.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$8,234,957.00
What is the spending policy for your endowment?
N/A
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from 990 and audit. Foundation and corporate contributions are included in the Contributions, Gifts, and Grants sum as these numbers are not separated in the Form 990. Financial documents provided by Cherry Bekaert LLP. Comments provided by Nicole Rose 09/27/2022. |
