Nashville Design Week

Analysis

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

In the financial year ending December 2023, Nashville Design Week reported income of $76k and spending of $103k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $124k to $76k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 92% 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 Design Week sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within TN. Charities of a similar size with the same main cause include Steel City Mens Chorus ($76k), Maricopa County Historical Society Trust Fund 1 ($77k) and Theatergames Productions ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $52k against liabilities of $121, net assets of $52k.