University School of Nashville
Fiscal Year
Fiscal Year Start
07/01/2023
Fiscal Year End
06/30/2024
Projected Revenue
$34,003,000.00
Projected Expenses
$33,428,000.00
Organizational Budgets and Other Documents
| 2023-24 Budget | 2024 |
| 2022-2023 Budget | 2023 |
| 2021-22 Budget | 2022 |
| 2020-21 Budget | 2021 |
| 2019-2020 Budget | 2020 |
| 2018-2019 Budget | 2019 |
| University School of Nashville 2017-2018 Budget | 2018 |
IRS Letter of Exemption
| university school of nashville irs ltr |
Detailed Financials
Revenue and Expenses
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Revenue | $35,334,908.00 | $33,841,718.00 | |
| Total Expenses | $32,772,403.00 | $30,147,503.00 | |
| Revenue Less Expenses | ($-0.00) | $2,562,505.00 | $3,694,215.00 |
Revenue Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Foundation and Corporation Contributions | $0.00 | $0.00 | |
| Government - Federal | $0.00 | $0.00 | |
| Government - State | $0.00 | $0.00 | |
| Government - Local | $0.00 | $0.00 | |
| Government - Unspecified | $0.00 | $0.00 | |
| Contributions, Gifts, and Grants | $4,435,071.00 | $5,521,964.00 | |
| Indirect Public Support | $0.00 | $0.00 | |
| Earned Revenue | $29,052,227.00 | $27,022,432.00 | |
| Investment Income, Net of Losses | $883,275.00 | $958,514.00 | |
| Membership Dues | $0.00 | $0.00 | |
| Special Events | $92,154.00 | $52,546.00 | |
| Revenue In-Kind | $725,606.00 | $254,197.00 | |
| Other | $146,575.00 | $32,065.00 |
Expense Allocation
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Program Expense | $27,905,098.00 | $25,901,299.00 | |
| Administration Expense | $3,369,610.00 | $3,045,190.00 | |
| Fundraising Expense | $1,497,695.00 | $1,201,014.00 | |
| Total Revenue/Total Expenses | 108% | 112% | |
| Program Expense/Total Expenses | 85% | 86% | |
| Fundraising Expense/Contributed Revenue | 5% | 4% |
Top Funding Sources
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Top Funding Source & Dollar Amount | $0.00 | Program Revenue $29,052,227.00 | Program Revenue $27,022,432.00 |
| Second Highest Funding Source & Dollar Amount | $0.00 | Contributions, Gifts, and Grants $4,435,071.00 | Contributions, Gifts, and Grants $5,521,964.00 |
| Third Highest Funding Source & Dollar Amount | $0.00 | Investment Income $883,275.00 | Investment Income $958,514.00 |
Assets and Liabilities
| Fiscal Year | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $71,463,411.00 | $75,304,693.00 | |
| Current Assets | $6,113,438.00 | $7,617,161.00 | |
| Long-Term Liabilities | $1,000,000.00 | $586,405.00 | |
| Current Liabilities | $3,774,693.00 | $4,007,777.00 | |
| Total Net Assets | $66,688,718.00 | $70,710,511.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$36,000,000.00
What is the spending policy for your endowment?
Percentage
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
Exempt
Form 990s
Audit Documents
Foundation Staff Comments
| Financial figures taken from the the 990. Corporate and foundation grants may be included in Contributions, Gifts, and Grants sum, as these amounts are not separated in Form 990. Financials completed by LBMC, PC. Comments provided by Hayley Sulfridge 7/28/23. |
