Art and Soul Nashville Inc

Analysis

Art and Soul Nashville Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in October 2022, 4 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Art and Soul Nashville Inc reported income of $191k and spending of $170k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $191k (+78%), an average of +78% a year. The sharpest change came in the year to December 2023, when income rose by 78%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Art and Soul Nashville Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include PTA New York Congress ($191k), Northwest Organization of Nurse Leaders ($191k) and Air Commando Association Inc ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 57% of the total. At year end it held assets of $135k against liabilities of $26k, net assets of $110k.