2025-03-31T10:22:13-07:00 2024-06-30 990 2023-07-01 342064764 MUSIC CITY INC MUSI 6152594708 500 11th Ave N Ste 650 Nashville TN 37203 Jeff Mefford CFO 6152594708 2025-03-31 1 2023 2025-03-06 01:10:19Z Deana Ivey 500 11th Ave N Ste 650 Nashville TN 37203 11312683 0 X X 2006 TN Enhance the music environment of Nashville by providing music-related events and services to the general public and to the Metropolitan Government of Nashville 14 11 0 20 0 0 9168616 11070920 209677 241654 75 109 0 0 9378368 11312683 10796 55809 0 0 0 0 0 0 34373 9354527 11220349 9365323 11276158 13045 36525 1916814 2331034 1434014 1811709 482800 519325 Enhance the music environment of Nashville and lessen the burden on government by producing music related events and other related services for the general public, and providing event related supplies and services to the Metro Government of Nashville. 0 0 6024876 10000 175686 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. 3793449 0 65268 Produced the annual free public July 4th concert and fireworks display on behalf of the city of Nashville at Riverfront Park in downtown Nashville. 1063685 0 0 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. 105132 0 450 Provided physical site maintenance and new induction ceremonies for the Music City Walk of Fame, which memorializes and celebrates individuals and groups that have made a significant impact on the music industry and culture of the city. 86808 32809 0 Provided communications services and other event production assistance to the Metropolitan Government of Nashville. 75000 0 0 Sponsored the Artville program which brought in over 20 different artists to create public works of art around the city. 31854 0 0 Served as the fiscal agent for the local host committee for the 2022 National Black Caucus -Local Elected Officials annual conference, which was held in Nashville. 10000 10000 250 In partnership with the Nashville Convention & Visitors Corp.'s Dine Nashville program, the organization provided grant funding to two local charities whose focus is on combating hunger in the city. 5139 3000 0 In the aftermath of the several destructive tornadoes in December 2023, the organization provided supplies and direct housing assistance to several families in the hospitality industry who were directly affected. 313933 45809 700 11195943 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 82 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TN X X Nashville Convention and Visitors Bureau 6152594708 500 11th Ave N Ste 650 Nashville TN 37203 Deana Ivey Board Member/CEO 8 50 X X 0 589062 42600 Jeff Mefford Board Member/CFO 8 40 X X 0 302713 37856 Mary Arnold Board Member 8 40 X 0 243475 36988 Doug Kreulen Board Member/Chair 4 0 X 0 0 0 Laura Hollingsworth Board Member 1 0 X 0 0 0 Jeff Pennington Board Member 1 0 X 0 0 0 Hugh Anderson Board Member 1 0 X 0 0 0 Greg Hill Board Member 1 0 X 0 0 0 Mignon Francois Board Member 1 0 X 0 0 0 Seamus Ross Board Member 1 0 X 0 0 0 Sally Williams Board Member 1 0 X 0 0 0 Fabrizio Calvo Board Member 1 0 X 0 0 0 Dr Turner Nashe Board Member 1 0 X 0 0 0 Alberto Gonzales Board Member 1 0 X 0 0 0 0 1135250 117444 0 0 1 0 Sunbelt Rentals 2341 Deerfield Dr Fort Mills SC 29715 Heavy equipment rental services 1544419 Moo TV PO Box 120792 Nashville TN 37212 Video equipment and production svcs 500883 Crew One Productions 750 Cowan St Nashville TN 37207 Stage construction labor services 456064 Pyro Shows PO Box 1776 LaFollette TN 37766 Pyrotechnic services 435000 Premier Global Production Co 730 Gallatin Pike N Madison TN 37115 Stage equipment rental services 371466 21 0 0 0 106882 9582100 1381938 0 11070920 Music City New Year's Eve Event 711300 175686 175686 0 0 Music City July 4th Event 711300 65268 65268 0 0 700 700 0 0 241654 109 0 0 109 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11312683 241654 0 109 52809 52809 3000 3000 0 0 7796 7796 6482 4465 2017 70 70 11144088 11109715 34373 29325 29325 Music City Walk of Fame Maintenance 25884 25884 0 0 Taxes and licenses 6704 0 6704 0 11276158 11195943 45842 34373 49907 677357 7000 7000 1797145 1613240 185462 152025 62762 33437 1916814 2331034 362223 310887 926450 804737 145341 696085 1434014 1811709 X 482800 519325 0 0 482800 519325 1916814 2331034 36525 0 0 0 0 0 X 0 1 X 1 0 X 9182461 816496 7707796 9168616 11070920 37946289 9182461 816496 7707796 9168616 11070920 37946289 1206483 36739806 562 77 56 75 109 879 37947168 928122 0.96818 0.85879 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 0 0 185462 152025 33437 0 0 0 0 33437 0 Payable to Related Organization 696085 696085 X 11312683 0 0 0 0 0 11312683 0 0 0 11312683 11276159 0 0 0 1 1 11276158 0 0 0 11276158 Schedule D, Part X, Line 2 Management performs an evaluation of all income tax positions taken or expected to be taken in the course of preparing the Organization's income tax returns to determine whether the income tax positions meet a "more likely than not" standard of being sustained under examination by the applicable taxing authorities. Management has performed its evaluation of all income tax positions taken on all open income tax returns and has determined that there were no positions taken that do not meet the "more likely than not" standard. Accordingly, there are no provisions for income taxes, penalties or interest receivable or payable relating to uncertain income tax positions in the accompanying financial statements. Schedule D, Part XII, Line 2d Audit rounding difference 1 Metropolitan Government of Nashville and Davidson County Metro Courthouse - Ste 106 Nashville TN 37201 620694743 Government 32809 New Purchase Price Emergency response equipment To assist the city's first-responders in performing their work Uniciycle 6532 Radcliff Dr Nashville TN 37221 810815665 501 c 3 10000 To support the HERO program of the Nashville Public School System, which provides assistance to homeless children in the school system. 2 0 Schedule I, Part I, Line 2 Grants and other assistance are primarily made to local non-profit organizations, music and hospitality related organizations and individuals, and to the local city of Nashville Metropolitan Government to assist in carrying out programs that further the exempt purposes of the reporting organization. The reporting organization is an active partner in most of these activities, and as such, is able to monitor the use of the assistance in a very tangible way. 0 0 0 0 0 0 0 0 0 Deana Ivey Board Member/CEO 0 379615 0 200000 0 9447 0 19800 0 22800 0 631662 0 0 Jeff Mefford Board Member/CFO 0 246212 0 51400 0 5101 0 18484 0 19372 0 340569 0 0 Mary Arnold Board Member 0 177175 0 61400 0 4900 0 11941 0 25047 0 280463 0 0 Schedule J, Part I, Line 3 No compensation was paid by the reporting organization. Form 990, Part VI, Section B, Line 11b After the completion of our annual external audit, the Form 990 is prepared internally by the professional accounting staff of the reporting organization utilizing current reference resources. The process used in completing the form has been previously reviewed by our CPA firm as well as other experienced consultants. A draft of the completed Form 990 is made available to any board members that wish to review them. Form 990, Part VI, Section B, Line 12c The reporting organization is a relatively small one and all financial transactions undergo multiple levels of internal review and approval. All board members and key staff members review our Conflict of Interest Policy annually and disclose any known past or current situations of potential conflict. These disclosures, if any, are reviewed by senior management individuals involved in approving and processing all transactions. Form 990, Part VI, Section B, Line 15 The reporting organization has no paid staff, but the CEO is compensated by a related organization which has an independent Compensation Committee of the board that reviews this person's compensation annually. Form 990, Part VI, Section C, Line 19 In general, other than as required by IRS regulations, the organization does not routinely make its governing documents and internal policies available to the general public. The financial results of the reporting organization are included in the consolidated audited financial statements that are provided by the Nashville Convention & Visitors Bureau to the Metropolitan Government of Nashville as required by contract. Nashville Convention & Visitors Bureau 500 11th Ave N Ste 650 Nashville TN 37203 020700616 Promote tourism and convention activity within Nashville TN 501(c)(6) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 Nashville Convention & Visitors Bureau n 0 The related organization controls the reporting organization through Board member nomination, and provides office space and minimal administrative function support required by the reporting organization, which has no staff of its own. Nashville Convention & Visitors Bureau o 0 The related organization provides volunteer administrative and event production services for the reporting organization which has no staff of its own. The reporting organization timely filed a Form 8868 Automatic Extension request, which was approved by the IRS