Celebrate Nashville

Analysis

Celebrate Nashville is a registered charity in United States, based in Mount Juliet, TN. It received its IRS tax-exemption ruling in August 2011, 15 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, Celebrate Nashville reported income of $107k and spending of $107k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $78k to $107k (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 77% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Celebrate Nashville sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within TN. Charities of a similar size with the same main cause include Adaland Mansion Development Inc ($107k), Lower Depth Theatre Ensemble ($107k) and Historic Baytowns Arts Culture and Entertainment Council Inc ($107k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.5% of the total. Compensation of current officers, directors and key employees was $46k (43% of expenses). Other salaries and wages came to $3,650. At year end it held assets of $68k against liabilities of $0, net assets of $68k.