Music City Inc

Organization Overview

Music City Inc is located in Nashville, TN. The organization was established in 2006. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music City 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 06/2023, Music City Inc generated $9.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $9.4m during the year ending 06/2023. While expenses have increased by 4.9% per year over the past 8 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

ENHANCE THE MUSIC ENVIRONMENT OF NASHVILLE BY PROVIDING MUSIC-RELATED EVENTS AND SERVICES TO THE GENERAL PUBLIC AND TO THE METROPOLITAN GOVERNMENT OF NASHVILLE

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRODUCED THE ANNUAL PUBLIC NEW YEAR'S EVE EVENT - NASHVILLE'S BIG BASH, PROVIDING FREE LIVE MUSIC AND FIREWORKS FOR THE GENERAL PUBLIC TO BRING THE CITY TOGETHER AND CELEBRATE THE TRANSITION INTO THE NEW YEAR.


PRODUCED THE ANNUAL FREE PUBLIC JULY 4TH CONCERT AND FIREWORKS DISPLAY ON BEHALF OF THE CITY OF NASHVILLE AT RIVERFRONT PARK IN DOWNTOWN NASHVILLE.


ON BEHALF OF THE METROPOLITAN GOVERNMENT OF NASHVILLE, PRODUCED MULTIPLE LIVE MUSIC ENTERTAINMENT EVENTS THAT WERE FREE AND OPEN TO THE PUBLIC TO BRING TOGETHER THE CITIZENS OF THE CITY TO CELEBRATE THE SUCCESS OF LOCAL PROFESSIONAL AND AMATEUR SPORTS TEAMS.


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Board, Officers & Key Employees

Name (title)Compensation
Christopher Spyridon
Board Member/ceo
$0
Deana Ivey
Board Member/president
$0
Jeff Mefford
Board Member/cfo
$0
Mary Arnold
Board Member
$0
Doug Kreulen
Board Member/chair
$0
Laura Hollingsworth
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Sunbelt Rentals
Heavy Equipment Rental Services
$723,613
Pyro Shows
Pyrotechnic Services
$355,629
Moo Tv
Video Equipment And Production Svcs
$345,970
Premier Global Production Co
Stage Equipment Rental Services
$275,000
Crew One Productions
Stage Construction Labor Services
$340,921
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$73,550
Government grants $7,639,360
All other contributions, gifts, grants, and similar amounts not included above$1,455,706
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$9,168,616
Total Program Service Revenue$209,677
Investment income $75
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 $9,378,368

Grants Awarded

Over the last fiscal year, Music City Inc has awarded $138,654 in support to 3 organizations.

Grant RecipientAmount

METROPOLITAN GOVERNMENT OF NASHVILLE

PURPOSE: To assist the city government in their response to the COVID pandemic, the reporting organization provided on-site meals to the health and OEM staffs to allow them to continue to work straight through their days while they served the community.

$94,154

TENNESSEE STATE TROOPERS ASSOCIATION

PURPOSE: In recognition of the work of the members of this law enforcement agency to mitigate the loss of life and investigate the perpetrator of the Christmas Day bombing in downtown Nashville, a portion of the private donations raised were donated to this police benevolent organization.

$22,250

METROPOLITAN NASHVILLE POLICE DEPARTMENT

PURPOSE: In recognition of the work of the members of this law enforcement agency to mitigate the loss of life and investigate the perpetrator of the Christmas Day bombing in downtown Nashville, a portion of the private donations raised were donated to this police benevolent organization.

$22,250
View Grant Profile

Peer Organizations

Organization NameAssets
Memphis In May International Festival Inc
Memphis, TN
$8,286,107
Music City Inc
Nashville, TN
$9,378,368
Center Of Creative Arts
Saint Louis, MO
$6,630,561
John C Campbell Folk School
Brasstown, NC
$7,761,261
Kranzberg Arts Foundation
St Louis, MO
$6,125,692
Crosstown Arts
Memphis, TN
$4,885,921
Coalition To Salute Americas Heroes Foundation
Williamsburg, VA
$4,514,815
Wayne Theatre Alliance Inc
Waynesboro, VA
$599,304
Memphis Equity Through Arts Meta Incorporated
Memphis, TN
$2,544,622
Cafe 1040 Inc
Alpharetta, GA
$3,556,649
Appalshop Inc
Whitesburg, KY
$2,390,521
Riverpark Center Inc
Owensboro, KY
$2,948,839
Counterpublic
St Louis, MO
$1,712,304
Cornelius Arts Community Center Inc
Cornelius, NC
$3,417,708
Artsnow Inc
Atlanta, GA
$2,719,711
Creative Arkansas Community And Exchange Inc Cache
Springdale, AR
$3,734,009
Georgia Mountain Fair Inc
Hiawassee, GA
$2,959,917
Safe States Alliance
Atlanta, GA
$2,685,287
Spruill Center For The Arts Inc
Dunwoody, GA
$4,763,445
Dogwood Arts Festival Inc
Knoxville, TN
$2,436,787
Public Risk Management Assn Inc
Alexandria, VA
$1,859,054
Suffolk Center For Cultural Arts Foundation
Suffolk, VA
$3,812,474
Oz Arts Inc
Nashville, TN
$2,618,121
Leaf Community Arts
Asheville, NC
$1,688,239
Clare Boothe Luce Center For Conservative Women
Herndon, VA
$3,855,814

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