Belle Meade Mansion

Analysis

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

In the financial year ending June 2024, Belle Meade Mansion reported income of $3.8m and spending of $4.1m, spending 108% of what it took in. Across the 3 years on record, from June 2022 to June 2024, income fell from $5.2m to $3.8m (-26%), an average of -14% a year. The sharpest change came in the year to June 2024, when income dropped by 25%. Over the whole period it spent 85% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Belle Meade Mansion 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 91st percentile, and in the 91st percentile within TN. Charities of a similar size with the same main cause include Enzian Theatre Inc ($3.8m), National Whitetail Deer Education ($3.8m) and Cape Cod Center for the Arts Inc ($3.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 2.4% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $410k (9.9% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $6.9m against liabilities of $634k, net assets of $6.3m. It reported 82 employees.