Persist Nashville, Inc.
615-314-5358
301 Plus Park Blvd Suite 300
Nashville, TN 37217
Nashville, TN 37217
Fiscal Year
Fiscal Year Start
02/01/2023
Fiscal Year End
12/31/2023
Projected Revenue
$1,010,000.00
Projected Expenses
$1,009,625.00
Organizational Budgets and Other Documents
| 2022 Budget | 2022 |
| 2021 Approved Budget | 2021 |
| 2020 Projected Budget | 2020 |
| 2019 Budget | 2019 |
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $715,357.00 | $722,938.00 | $268,939.00 |
| Total Expenses | $841,244.00 | $570,274.00 | $320,590.00 |
| Revenue Less Expenses | ($125,887.00) | $152,664.00 | ($51,651.00) |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $547,750.00 | $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 | $65,613.00 | $0.00 | $86,119.00 |
| Contributions, Gifts, and Grants | $357,200.00 | $119,304.00 | $158,514.00 |
| Indirect Public Support | $0.00 | $0.00 | $0.00 |
| Earned Revenue | $271,700.00 | $55,788.00 | $23,573.00 |
| Investment Income, Net of Losses | $54.00 | $96.00 | $733.00 |
| Membership Dues | $0.00 | $0.00 | $0.00 |
| Special Events | $20,790.00 | $0.00 | $0.00 |
| Revenue In-Kind | $0.00 | $0.00 | $0.00 |
| Other | $0.00 | $0.00 | $0.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $660,198.00 | $421,294.00 | $249,162.00 |
| Administration Expense | $124,620.00 | $139,026.00 | $67,948.00 |
| Fundraising Expense | $56,426.00 | $9,954.00 | $3,480.00 |
| Total Revenue/Total Expenses | 85% | 127% | 84% |
| Program Expense/Total Expenses | 78% | 74% | 78% |
| Fundraising Expense/Contributed Revenue | 7% | 2% | 1% |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | Contributions, Gifts, and Grants $357,200.00 | Foundation and Corporations $547,750.00 | Contributions, Gifts and Grants $158,514.00 |
| Second Highest Funding Source & Dollar Amount | Program Revenue $271,700.00 | Contributions, Gifts, Grants $119,304.00 | Government Grants $86,119.00 |
| Third Highest Funding Source & Dollar Amount | Government Grants $65,613.00 | Program Revenue $55,788.00 | Program Revenue $23,573.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $252,649.00 | $378,197.00 | $258,632.00 |
| Current Assets | $252,649.00 | $378,197.00 | $249,142.00 |
| Long-Term Liabilities | $0.00 | $0.00 | $0.00 |
| Current Liabilities | $2,101.00 | $1,761.00 | $13,069.00 |
| Total Net Assets | $250,548.00 | $376,436.00 | $245,563.00 |
Endowment Info
Do you have an endowment?
No
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Do you anticipate a campaign in the next 5 years?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2024
Solicitations Permit
Form 990s
| 990 | 2022 |
| 2021 990 | 2021 |
| 2020 990 | 2020 |
| IRS Tax Form 990 | 2019 |
Audit Documents
| 2022 Audited Financials | 2022 |
| 2021 Independent Audit Report | 2021 |
Foundation Staff Comments
| Financial figures taken from the Form 990. Form 990 was prepared by Blankenship CPA Group, PLLC. Comments provided by Hayley Sulfridge 11/16/23. |
