Cyt Nashville Inc

Analysis

Cyt Nashville Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in September 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Cyt Nashville Inc reported income of $435k and spending of $382k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $334k to $435k (+31%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 87% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Cyt Nashville Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Hopkinton Community Access and ($435k), Center for Black Brown and Queer Studies Inc ($435k) and German American Societies of San Diego ($435k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $50k (13% of expenses). Other salaries and wages came to $64k. At year end it held assets of $200k against liabilities of $0, net assets of $200k. It reported 23 employees.