Nashville International Center for Empowerment

Analysis

Nashville International Center for Empowerment is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nashville International Center for Empowerment reported income of $6.1m and spending of $5.9m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $6.1m (+204%), an average of +32% a year. The sharpest change came in the year to December 2022, when income rose by 55%. Over the whole period it spent 97% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nashville International Center for Empowerment sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within TN. Charities of a similar size with the same main cause include Chicago Humanities Festival ($6.1m), Metropolitan Regional Arts Council ($6.1m) and Imagine North Carolina First ($6.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Other salaries and wages came to $3.7m. At year end it held assets of $1.2m against liabilities of $351k, net assets of $872k. It reported 119 employees.