Historic Capitol Corridor Foundation

Analysis

Historic Capitol Corridor Foundation is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in December 2020, 6 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, Historic Capitol Corridor Foundation reported income of $130k and spending of $83k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $130k (-48%), an average of -15% a year. The sharpest change came in the year to December 2020, when income rose by 100%. 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, Historic Capitol Corridor Foundation sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within TN. Charities of a similar size with the same main cause include Umoja Debate Team ($130k), Orleans Historical Society ($130k) and Chicago Japanese American Council ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.