Centennial Park Conservancy

Analysis

Centennial Park Conservancy is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in June 1985, 41 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Centennial Park Conservancy reported income of $3.5m and spending of $2.7m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.1m to $3.5m (+68%), an average of +14% a year. The sharpest change came in the year to December 2020, when income rose by 85%. Over the whole period it spent 89% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Centennial Park Conservancy sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Mattatuck Historical Society ($3.5m), Arts Collaborative of Nevada County Andrea Pearce ($3.5m) and American Christian Television Services Inc Wtlw-Tv ($3.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 8.2% of the total. Compensation of current officers, directors and key employees was $466k (17% of expenses). Other salaries and wages came to $620k. At year end it held assets of $8.6m against liabilities of $334k, net assets of $8.2m. It reported 37 employees.