Music City Bowl Inc

Organization Overview

Music City Bowl Inc is located in Nashville, TN. The organization was established in 1999. According to its NTEE Classification (N70) the organization is classified as: Amateur Sports Competitions, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music City Bowl 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 03/2021, Music City Bowl Inc generated $112.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (54.5%) each year. All expenses for the organization totaled $1.3m during the year ending 03/2021. 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

TO PRODUCE A POST-SEASON COLLEGIATE FOOTBALL GAME TO STIMULATE A POSITIVE IMPACT ON THE NASHVILLE ECONOMY, NATIONAL IMAGE, AND COMMUNITY PRIDE WHILE SHOWCASING THE CITY AS A PREMIER DESTINATION WITH AUDIENCES THROUGHOUT THE COUNTRY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRODUCED A POST-SEASON FOOTBALL GAME BETWEEN THE UNIVERSITY OF TENNESEE AND PURDUE UNIVERSITY.


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Board, Officers & Key Employees

Name (title)Compensation
Scott Ramsey
Ceo/president
$288,353
Jason Grider
Coo/sr. VP Events & Operat
$83,810
Scott Mcgilberry
Sr. VP Finance / Treasurer
$65,060
Pete Weien
Chair
$0
Vic Campbell
Board Member
$0
John Adams
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$109,520
Investment income $2,595
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 $112,115

Grants Awarded

Over the last fiscal year, Music City Bowl Inc has awarded $95,000 in support to 2 organizations.

Grant RecipientAmount

THE DOLLYWOOD FOUNDATION

Org PageRecipient Profile

Pigeon Forge, TN

PURPOSE: TO SUPPORT EAST TENNESSEE WILDFIRE RELIEF

$50,000

THE COMMUNITY FOUNDATION OF MIDDLE TENNESSEE

Org PageRecipient Profile

Nashville, TN

PURPOSE: TO SUPPORT THE HOPE CHARITABLE GOLF TOURNAMENT

$45,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Music City Bowl Inc has recieved totaling $92,000.

Awarding OrganizationAmount
Delta Dental Of Tennessee

Nashville, TN

PURPOSE: EVENT SPONSORSHIP

$80,000
Smile 180 Foundation

Nashville, TN

PURPOSE: SUPPLIES TO ASSIST WITH ORAL HEALTH

$12,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$66,362
Earnings$52
Grants$52
Ending Balance$66,362

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