Preservation Society of Nashville Inc

Analysis

Preservation Society of Nashville Inc is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 2022, 4 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, Preservation Society of Nashville Inc reported income of $170k and spending of $97k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $142k to $170k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 34% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Preservation Society of Nashville Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within TN. Charities of a similar size with the same main cause include Morning Pointe Foundation ($170k), Multi-Arts Inc ($170k) and Lumberyard Arts Center Inc ($170k).

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 $206k against liabilities of $0, net assets of $206k.