Nashville Classical

Analysis

Nashville Classical is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Nashville Classical reported income of $12.7m and spending of $11.0m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.8m to $12.7m (+120%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Nashville Classical sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within TN. Charities of a similar size with the same main cause include Dallas Seminary Foundation ($12.7m), Watkinson School ($12.7m) and Onslow County Partnership for Children ($12.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $381k (3.5% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $8.9m against liabilities of $730k, net assets of $8.1m. It reported 106 employees.