Arts & Business Council Of Greater Nashville Inc
- Assets
- $469.0k
- Revenue
- $438.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 10/2006
- Data as of
- 06/2022
- EIN
- 20-3255129
Organization Overview
Arts & Business Council Of Greater Nashville Inc is located in Nashville, TN. The organization was established in 2006. According to its NTEE Classification (I80) the organization is classified as: Legal Services, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arts & Business Council Of Greater Nashville Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Arts & Business Council Of Greater Nashville Inc generated $438.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $326.0k during the year ending 06/2022. While expenses have increased by 8.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ARTS & BUSINESS COUNCIL OF GREATER NASHVILLE SUPPORTS AND PROMOTES THE ARTS BY DRIVING COLLABORATION BETWEEN ARTS AND BUSINESS THAT CONTRIBUTE TO THE CREATIVE VITALITY AND PROSPERITY OF GREATER NASHVILLE/THE REGIONS/THE CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SERVING & EDUCATING THE CREATIVE COMMUNITY: ABC PROVIDES DIRECT SERVICES, KEY OPPORTUNITIES AND EDUCATION TO THE CREATIVE COMMUNITY TO HELP THEM MASTER THE BUSINESS OF ART.CREATING ARTS & BUSINESS PARTNERSHIPS: ABC CREATES MUTUALLY BENEFICIAL PARTNERSHIPS BETWEEN ARTS AND BUSINESS AND PROMOTES DYNAMIC LEADERSHIP IN NASHVILLE ARTS COMMUNITY BY COMMUNITY TRAINING.ENGAGING BUSINESS WITH THE ARTS: ABC INSPIRES WORKPLACE CREATIVITY IN BUSINESS TO DEMONSTRATE THE IMPACT OF THE ARTS THROUGH TANGIBLE BENEFITS AND DEVELOPE LIFE LONG PARTICIPANTS AND SUPPORTERS.FISCAL SPONSORSHIP: ABC INCUBATES ARTS PROJECTS AND EMERGING ARTS ORGANIZATIONS BY ALLOWING THEM TO RECEIVE TAX-DEDUCTIBLE DONATIONS AS THEY GROW, AS WELL AS PROVIDING THE ADMINISTRATIVE STRUCTURE AND SUPPORT THEY NEED TO SCALE SUSTAINABLY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brittany Cole Director | Trustee | 3 | $0 |
Anna Zeitlin Director | Trustee | 3 | $0 |
Brynn Plummer Director | Trustee | 3 | $0 |
Chan Dillon Director | Trustee | 3 | $0 |
Caroline Allison Director | Trustee | 3 | $0 |
Daniel Weisman Director | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $7,095 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $402,023 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $409,118 |
| Total Program Service Revenue | $29,066 |
| Investment income | $307 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $438,491 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $188,101 |
| Compensation of current officers, directors, key employees. | $50,186 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $980 |
| Advertising and promotion | $2,281 |
| Office expenses | $5,106 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,370 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,396 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,630 |
| All other expenses | $859 |
| Total functional expenses | $326,025 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $455,070 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $13,972 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $469,042 |
| Accounts payable and accrued expenses | $1,206 |
| Grants payable | $0 |
| Deferred revenue | $11,783 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $84,729 |
| Total liabilities | $97,718 |
| Net assets without donor restrictions | $371,324 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $469,042 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Arts & Business Council Of Greater Nashville Inc has recieved totaling $65,081.
| Awarding Organization | Amount |
|---|---|
The Community Fdn Of Middle Tn Inc Nashville, TN PURPOSE: FOR AN ANNUAL MATCHING GIFT | $46,000 |
Will And Jada Smith Family Foundation Los Angeles, CA PURPOSE: SEC 501(C)(3) ORGANIZATION | $10,000 |
Tennessee Bar Foundation Nashville, TN PURPOSE: ADMINISTRATION OF JUSTICE | $9,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $81 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Legal Aid Of North Carolina Inc Raleigh, NC | $20,293,978 | $46,798,720 |
Georgia Legal Services Program Inc Atlanta, GA | $10,846,145 | $21,808,357 |
Federal Defender Program Inc Atlanta, GA | $3,000,349 | $16,976,185 |
Legal Services Corporation Of Virginia Richmond, VA | $10,646,853 | $14,922,389 |
Atlanta Legal Aid Society Inc Atlanta, GA | $13,961,359 | $12,435,415 |
Legal Services Alabama Inc Montgomery, AL | $4,865,497 | $12,594,890 |
Legal Aid Of Western Missouri Kansas City, MO | $9,531,147 | $11,342,252 |
Legal Services Of Eastern Mo Inc Saint Louis, MO | $15,856,307 | $9,965,950 |
Legal Aid Justice Center Charlottesville, VA | $15,560,165 | $9,357,960 |
Legal Aid Society Of Middle Tennessee And The Cumberlands Nashville, TN | $8,528,233 | $10,472,394 |
Louisville & Jefferson County Public Defender Corporation Louisville, KY | $5,987,315 | $9,350,159 |
Pisgah Legal Services Asheville, NC | $13,378,824 | $8,135,399 |