Nashville Symphony Association
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One Symphony Place
Nashville, TN 37201
Organization Details

Fiscal Year

Fiscal Year Start

08/01/2020

Fiscal Year End

07/31/2021

Projected Revenue

$7,214,767.00

Projected Expenses

$7,128,661.00

Organizational Budgets and Other Documents

Nashville Symphony Association 2021 Budget 2021
Nashville Symphony Association 2020 Budget 2020
Nashville Symphony Association 2019 Budget 2019
Nashville Symphony Association 2018 Budget 2018
Nashville Symphony FY2017 Budget 2017
Nashville Symphony FY2016 Budget 2016
Nashville Symphony Association 2015 Budget 2015
Nashville Symphony Association 2014 budget 2014
Nashville Symphony Association 2013 budget 2013
nashville symphony association 2012 budget 2012
nashville symphony association budget 2011 2011
nashville symphony association 2010 budget 2010
nashville symphony association 2009 budget 2009
nashville symphony association 2008 budget 2008
nashville symphony association 2006 budget 2006
nashville symphony association 2005 budget 2005

IRS Letter of Exemption

Nashville Symphony Association 501(c)(3)

Detailed Financials

Revenue and Expenses
Fiscal Year201920182017
Total Revenue $23,179,344.00$23,557,261.00$21,841,887.00
Total Expenses $27,421,525.00$26,456,868.00$25,298,449.00
Revenue Less Expenses ($4,242,181.00)($2,899,607.00)($3,456,562.00)

Revenue Sources
Fiscal Year201920182017
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 $249,700.00$277,130.00$265,405.00
Individual Contributions $7,957,743.00$6,616,845.00$6,259,153.00
Indirect Public Support $0.00$0.00$0.00
Earned Revenue $11,174,696.00$12,876,077.00$11,199,911.00
Investment Income, Net of Losses $381,036.00$640,930.00$1,143,680.00
Membership Dues $11,325.00$10,485.00$0.00
Special Events $1,066,229.00$845,687.00$822,923.00
Revenue In-Kind $0.00$0.00$0.00
Other $2,338,615.00$2,290,107.00$2,150,815.00

Expense Allocation
Fiscal Year201920182017
Program Expense $22,851,856.00$22,374,053.00$21,409,274.00
Administration Expense $3,123,602.00$2,693,609.00$2,490,503.00
Fundraising Expense $1,446,067.00$1,389,206.00$1,398,672.00
Total Revenue/Total Expenses 85%89%86%
Program Expense/Total Expenses 83%85%85%
Fundraising Expense/Contributed Revenue 5%5%6%

Top Funding Sources
Fiscal Year201920182017
Top Funding Source & Dollar Amount Program Revenue
$11,174,696.00
Program Revenue
$12,876,077.00
Program Revenue
$11,199,911.00
Second Highest Funding Source & Dollar Amount Contributions, Gifts and Grants
$7,957,743.00
Contributions, Gifts and Grants
$6,616,845.00
Contributions, Gifts, and Grants
$6,259,153.00
Third Highest Funding Source & Dollar Amount Other Revenue
$2,338,615.00
Other Revenue
$2,290,107.00
Other revenue
$2,150,815.00

Assets and Liabilities
Fiscal Year201920182017
Total Assets $97,192,767.00$101,369,905.00$105,480,944.00
Current Assets $8,671,003.00$13,214,482.00$16,943,394.00
Long-Term Liabilities $0.00$0.00$0.00
Current Liabilities $26,362,252.00$26,315,206.00$27,654,801.00
Total Net Assets $70,830,515.00$75,054,699.00$77,826,143.00

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

Solicitations Permit

Nashville Symphony Association

Form 990s

Nashville Symphony 2019 990 2019
Nashville Symphony 2018 990 2018
Nashville Symphony 2017 990 2017
Nashville Symphony 2016 990 2016
Nashville Symphony Association 2015 Form 990 2015
Nashville Symphony Association 2014 Form 990 2014
Nashville Symphony Association 2013 Form 990 2013
Nashville Symphony Association 2012 Form 990 2012
Nashville Symphony Association 2011 Form 990 2011
Nashville Symphony Association 2010 Form 990 2010
nashville symphony association 2009 990 2009
nashville symphony association 2008 990 2008
nashville symphony association 2007 990 2007
nashville symphony association 2006 990 2006
nashville symphony association 2005 990 2005

Audit Documents

Nashville Symphony 2020 Audit 2020
Nashville Symphony Association 2019 audit 2019
Nashville Symphony Association 2018 audit 2018
Nashville Symphony Association 2017 audit 2017
Nashville Symphony Association 2016 audit 2016
Nashville Symphony Association 2015 audit 2015
Nashville Symphony Association 2014 audit 2014
Nashville Symphony Association 2013 audit 2013
Nashville Symphony Association 2012 audit 2012
nashville symphony association 2011 audit 2011
nashville symphony association 2010 audit 2010
nashville symphony association 2009 audit 2009
nashville symphony association 2008 audit 2008
nashville symphony association 2007 audit 2007
nashville symphony association 2006 audit 2006
nashville symphony association 2005 audit 2005

Foundation Staff Comments


Financial figures are taken from the 990. Financial documents prepared by Crowe LLP. Comments provided by Kathryn Bennett 4/2/2020.