Make Nashville
Fiscal Year
No current fiscal year information is available at this time.
Organizational Budgets and Other Documents
IRS Letter of Exemption
| IRS Letter of Determination |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Revenue | $155,025.00 | $159,623.00 | |
| Total Expenses | $125,579.00 | $106,741.00 | |
| Revenue Less Expenses | ($-0.00) | $29,446.00 | $52,882.00 |
Revenue Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $25,000.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $23,219.00 | $35,395.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $13,294.00 | $8,653.00 | |
| Investment Income, Net of Losses | $0.00 | $0.00 | |
| Membership Dues | $104,470.00 | $87,940.00 | |
| Special Events | $0.00 | $0.00 | |
| Revenue In-Kind | $0.00 | $0.00 | |
| Other | $14,042.00 | $2,635.00 |
Expense Allocation
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Program Expense | $0.00 | $0.00 | |
| Administration Expense | $0.00 | $0.00 | |
| Fundraising Expense | $0.00 | $0.00 | |
| Total Revenue/Total Expenses | |||
| Program Expense/Total Expenses | |||
| Fundraising Expense/Contributed Revenue |
Top Funding Sources
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Membership Dues $104,470.00 | Membership Dues $87,940.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $23,219.00 | Contributions, Gifts, and Grants $35,395.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Other Revenue $14,042.00 | Federal Government Grants $25,000.00 |
Assets and Liabilities
| Fiscal Year | 2022 | 2021 | 2020 |
|---|---|---|---|
| Total Assets | $96,665.00 | $67,219.00 | |
| Current Assets | $96,665.00 | $67,219.00 | |
| Long-Term Liabilities | $0.00 | $0.00 | |
| Current Liabilities | $0.00 | $0.00 | |
| Total Net Assets | $96,665.00 | $67,219.00 |
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?
Yes
Solicitation Permit Info
State Charitable Solicitations Permit
Yes
Permit Expiration Month
June
Permit Expiration Year
2023
Form 990s
| 990EZ | 2021 |
| 990-EZ | 2020 |
| IRS 990EZ | 2019 |
| 990 | 2018 |
| 990 Postcard | 2017 |
Audit Documents
No audit documents are available at this time
CEO/Executive Director/Board Comments
| COVID-19 and the Delta variant severely limited our income in 2021 due to our inability to host in-person workshops, classes and outreach events; however, thanks to generous CARE and PPP grants and a long-term SBA EIDL loan, we have weathered the storm so far and have enough available funds to offset the lack of customary monthly revenue. We feel very confident that the fact that our membership has increased in 2021, in spite of the pandemic, is a good sign that the Make Nashville Makerspace will continue to grow and be economically viable for many years to come. |
Foundation Staff Comments
| Financial figures taken from the Form 990. Specific breakdown of expenses into Program, Administration, and Fundraising categories is unavailable, as the 990EZ does not provide this information. Form 990 was prepared internally by the nonprofit. Comments provided by Nicole Rose. 07/05/2022. |
