Americana Music Association Foundation

Analysis

Americana Music Association Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in August 2019, 7 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, Americana Music Association Foundation reported income of $493k and spending of $800k, spending 162% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $196k to $493k (+151%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 234%. Over the whole period it spent 88% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Americana Music Association Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Russian Children Studio of Language Arts and Culture Inc ($493k), Theater Bug Inc ($493k) and World Museum of Mining Inc ($493k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 33% of the total. Other salaries and wages came to $255k. It paid $33k in professional fundraising fees. At year end it held assets of $642k against liabilities of $286k, net assets of $356k.