Centennial Park Conservancy

Organization Overview

Centennial Park Conservancy is located in Nashville, TN. The organization was established in 1985. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Centennial Park Conservancy employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centennial Park Conservancy 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 12/2021, Centennial Park Conservancy generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.3% each year . All expenses for the organization totaled $3.0m during the year ending 12/2021. While expenses have increased by 10.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PRESERVE, ENHANCE AND SHARE THE PARTHENON AND CENTENNIAL PARK TO BENEFIT OUR CITY AND COMMUNITY

Describe the Organization's Program Activity:

Part 3 - Line 4a

CENTENNIAL PARK CONSERVANCY IS A PRIVATE, NONPROFIT ORGANIZATION, SERVING THE COMMUNITY THROUGH STEWARDSHIP, PROGRAMMING, AND PROMOTION OF CENTENNIAL PARK AND THE PARTHENON IN NASHVILLE, TENNESSEE. THE CONSERVANCY'S MISSION IS TO PRESERVE, ENHANCE AND SHARE THE PARTHENON AND CENTENNIAL PARK SO THAT ALL FUTURE GENERATIONS MAY BENEFIT FROM THESE ENRICHING CULTURAL AND EDUCATIONAL LANDMARKS. THE CONSERVANCY WORKS IN PARTNERSHIP WITH THE METROPOLITAN GOVERNMENT OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE, DEPARTMENT OF PARKS AND RECREATION TO SUPPORT THEIR WORK IN CENTENNIAL PARK AND THE PARTHENON. TOGETHER WITH METRO PARKS, WE SERVED OUR CITY BY REVITALIZING THE PARK'S GREEN SPACE, UNDERWRITING THE PARTHENON'S EXHIBITION AND EDUCATIONAL PROGRAMS, AND PRESENTING ACCESSIBLE AND INCLUSIVE COMMUNITY PROGRAMMING TO SUSTAIN THE PARK'S VIBRANCY. A FEW HIGHLIGHTS OF THE IMPORTANT WORK WE ACCOMPLISHED: COMPLETED THE LAWN PHASE OF IMPROVEMENTS; RAISED AN ADDITIONAL $4M FOR UPCOMING CAPITAL IMPROVEMENTS INCLUDING THE PARK PLAZA / EVENT PAVILION PHASE; ESTABLISHED THE PARATHENON PRESERVATION FUND TO INCREASE PRIVATE SUPPORT FOR THE PARATHENON AND INTRODUCE THE MUSEUM'S FIRST AUDIO TOUR; RETURNED IN-PERSON EVENTS AT THE PARTHENON AND ENGAGED WITH VISTORS THROUGH MUSICIANS CORNER, KIDSVILLE, AND NASHVILLE EARTH DAY PROGRAMS.


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Board, Officers & Key Employees

Name (title)Compensation
John Tumminello
President
$146,208
Neil Krugman
Board Chairman
$0
Phyllis Hildreth
Vice Chair
$0
John Hackett
Treasurer
$0
Tayo Atanda
Secretary
$0
Melinda Buntin
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$398,564
Related organizations$0
Government grants $403,687
All other contributions, gifts, grants, and similar amounts not included above$1,673,943
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,476,194
Total Program Service Revenue$204,007
Investment income $21,056
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $57,155
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$89,805
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $99,402
Miscellaneous Revenue$0
Total Revenue $2,768,009

Grants Recieved

Over the last fiscal year, we have identified 15 grants that Centennial Park Conservancy has recieved totaling $721,581.

Awarding OrganizationAmount
Sandra Schatten Foundation

Nashville, TN

PURPOSE: TO FULFILL THE EXEMPT PURPOSES OF THE FOUNDATION

$544,000
Msb Cockayne Fund Inc

Nashville, TN

PURPOSE: TO FURTHER ONE OR MORE OF THE EXEMPT PURPOSES OF THE CHARITY

$58,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: ENVIRONMENTAL AND ANIMALS

$28,300
The Community Fdn Of Middle Tn Inc

Nashville, TN

PURPOSE: PLEASE ACKNOWLEDGE GIFT BEING FROM SHIRLEY AND STUART SPEYER

$25,000
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$12,500
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$12,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$159,636
Earnings$17,486
Admin Expense$819
Ending Balance$176,303

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