Arts & Business Council of Greater Nashville Inc

Analysis

Arts & Business Council of Greater Nashville Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. 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 June 2024, Arts & Business Council of Greater Nashville Inc reported income of $663k and spending of $624k, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $606k to $663k (+9.3%), an average of +2.2% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 92% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Arts & Business Council of Greater Nashville Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Mount Olive Ministry Inc ($662k), Arizona Dream Act Coalition Inc ($664k) and Jewish Community Action ($662k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 8.3% of the total. Compensation of current officers, directors and key employees was $82k (13% of expenses). Other salaries and wages came to $249k. At year end it held assets of $815k against liabilities of $311k, net assets of $504k.