Nashville Symphony Association
Fiscal Year
Fiscal Year Start
08/01/2021
Fiscal Year End
07/31/2022
Projected Revenue
$25,582,748.00
Projected Expenses
$25,582,747.00
Organizational Budgets and Other Documents
IRS Letter of Exemption
Nashville Symphony Association 501(c)(3) |
Detailed Financials
Revenue and Expenses
Fiscal Year | 2020 | 2019 | 2018 |
---|---|---|---|
Total Revenue | $15,947,022.00 | $23,179,344.00 | $23,557,261.00 |
Total Expenses | $23,610,906.00 | $27,421,525.00 | $26,456,868.00 |
Revenue Less Expenses | ($7,663,884.00) | ($4,242,181.00) | ($2,899,607.00) |
Revenue Sources
Fiscal Year | 2020 | 2019 | 2018 |
---|---|---|---|
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 | $25,000.00 | $249,700.00 | $277,130.00 |
Individual Contributions | $8,163,437.00 | $7,957,743.00 | $6,616,845.00 |
Indirect Public Support | $0.00 | $0.00 | $0.00 |
Earned Revenue | $5,552,895.00 | $11,174,696.00 | $12,876,077.00 |
Investment Income, Net of Losses | $64,928.00 | $381,036.00 | $640,930.00 |
Membership Dues | $5,925.00 | $11,325.00 | $10,485.00 |
Special Events | $883,923.00 | $1,066,229.00 | $845,687.00 |
Revenue In-Kind | $0.00 | $0.00 | $0.00 |
Other | $1,250,914.00 | $2,338,615.00 | $2,290,107.00 |
Expense Allocation
Fiscal Year | 2020 | 2019 | 2018 |
---|---|---|---|
Program Expense | $19,537,841.00 | $22,851,856.00 | $22,374,053.00 |
Administration Expense | $2,836,923.00 | $3,123,602.00 | $2,693,609.00 |
Fundraising Expense | $1,236,142.00 | $1,446,067.00 | $1,389,206.00 |
Total Revenue/Total Expenses | 68% | 85% | 89% |
Program Expense/Total Expenses | 83% | 83% | 85% |
Fundraising Expense/Contributed Revenue | 5% | 5% | 5% |
Top Funding Sources
Fiscal Year | 2020 | 2019 | 2018 |
---|---|---|---|
Top Funding Source & Dollar Amount | Contributions, Gifts and Grants $8,163,437.00 | Program Revenue $11,174,696.00 | Program Revenue $12,876,077.00 |
Second Highest Funding Source & Dollar Amount | Program Revenue $5,552,895.00 | Contributions, Gifts and Grants $7,957,743.00 | Contributions, Gifts and Grants $6,616,845.00 |
Third Highest Funding Source & Dollar Amount | Other Revenue $1,250,914.00 | Other Revenue $2,338,615.00 | Other Revenue $2,290,107.00 |
Assets and Liabilities
Fiscal Year | 2020 | 2019 | 2018 |
---|---|---|---|
Total Assets | $92,523,857.00 | $97,192,767.00 | $101,369,905.00 |
Current Assets | $8,379,809.00 | $8,671,003.00 | $13,214,482.00 |
Long-Term Liabilities | $2,847,380.00 | $0.00 | $0.00 |
Current Liabilities | $26,498,048.00 | $26,362,252.00 | $26,315,206.00 |
Total Net Assets | $63,178,429.00 | $70,830,515.00 | $75,054,699.00 |
Endowment Info
Do you have an endowment?
Yes
What is the value of the endowment?
$715,166.00
What is the spending policy for your endowment?
Income plus capital appreciation
Capital Campaign Info
Are you currently in a Capital Campaign?
No
Solicitation Permit Info
State Charitable Solicitations Permit
Under Extension
Form 990s
Audit Documents
Foundation Staff Comments
Financial figures are taken from the 990. Financial documents prepared by Crowe LLP. Comments provided by Kathryn Bennett 5/24/2021. |