Nashville Steam Preservation Society

Analysis

Nashville Steam Preservation Society is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in February 2016, 10 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, Nashville Steam Preservation Society reported income of $477k and spending of $409k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $361k to $477k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 98%. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Nashville Steam Preservation Society 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 Ponderosa Center Inc ($477k), Mpeg Access Inc ($477k) and Native American Christian Voice Inc ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. It paid $30k in professional fundraising fees. At year end it held assets of $749k against liabilities of $28k, net assets of $720k. It reported 3 employees.