Tennessee Performing Arts Foundation

Analysis

Tennessee Performing Arts Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in March 1973, 53 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tennessee Performing Arts Foundation reported income of $466k and spending of $926k, spending 199% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $295k to $466k (+58%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 57%. Over the whole period it spent 194% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Tennessee Performing Arts Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within TN. Charities of a similar size with the same main cause include Friends of the Opera House ($466k), Whiteside Theatre Foundation ($466k) and Bear Creek Federation Inc ($466k).

At year end it held assets of $15.8m against liabilities of $12k, net assets of $15.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.