University of Nashville Montgomery Bell Academy

Analysis

University of Nashville Montgomery Bell Academy is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in September 1950, 76 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Nashville Montgomery Bell Academy reported income of $39.2m and spending of $41.2m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $47.5m to $39.2m (-17%), an average of -4.7% a year. The sharpest change came in the year to June 2021, when income dropped by 24%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Nashville Montgomery Bell Academy sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Pembroke Hill School ($39.2m), Plato Academy Schools Corporation ($39.2m) and Wilson College ($39.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 20% and program service revenue 77% of the total. Compensation of current officers, directors and key employees was $1.7m (4.0% of expenses). Other salaries and wages came to $15.8m. At year end it held assets of $328.5m against liabilities of $44.1m, net assets of $284.3m. It reported 179 employees.