Music City Code
- Assets
- $26.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Franklin, TN
- Founding
- 02/2016
- Data as of
- 12/2021
- EIN
- 81-1142364
Organization Overview
Music City Code is located in Franklin, TN. The organization was established in 2016. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music City Code 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, Music City Code generated $19.4k 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 (23.9%) each year. All expenses for the organization totaled $17.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (24.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
MUSIC CITY CODE HOSTED A VIRTUAL CONFERENCE IN 2021 FEATURING 64 PRESENTATIONS WITH 210 ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Kergosien Prseident & | 1 | $0 | |
Gregory G Kergosien III Director & T | 1 | $0 | |
Deanna Vickers Executive Di | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $41 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $19,405 |
| Total Revenue | $19,446 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,098 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,412 |
| Total expenses | $17,510 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,393 |
| Other assets | $0 |
| Total assets | $26,402 |
| Total liabilities | $538 |
| Net assets or fund balances | $25,864 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Music City Code has recieved totaling $41.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $41 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Commonwealth University School Of Business Foundation Richmond, VA | $84,853,521 | $9,838,833 |
Oak Service Corporation Memphis, TN | $2,447,800 | $4,272,484 |
Challenge Foundation Properties Inc Forest City, NC | $29,091,994 | $2,761,233 |
Union Square Campus Inc Greensboro, NC | $23,257,665 | $2,077,475 |
Georgia Leadership Institute For School Improvement Inc Duluth, GA | $3,684,980 | $2,207,807 |
The Circe Institute Inc Concord, NC | $692,773 | $1,911,107 |
Communities In Schools Of Virginia Richmond, VA | $3,555,532 | $2,971,566 |
Association Of Missouri Charterschools St Louis, MO | $819,935 | $1,356,566 |
Career And Technical Education Consortium Of States Inc Decatur, GA | $4,025,565 | $2,047,533 |
Tennessee Independent Colleges And Universities Nashville, TN | $3,991,312 | $1,720,548 |
Auburn University Real Estate Foundation Inc Auburn, AL | $9,739,836 | $4,197,642 |
Commission On English Language Program Accreditation Alexandria, VA | $2,917,001 | $1,329,982 |