2023-05-01T09:07:58-05:00 2022-06-30 882730877 CHERRY BEKAERT ADVISORY LLC 222 SECOND AVE SOUTH STE 1240 NASHVILLE TN 37201 990 2021-07-01 621867910 THE NATIONAL MUSEUM OF AFRICAN AMERICAN MUSIC NATI 6153018724 510 BROADWAY NASHVILLE TN 37214 HENRY HICKS CEO/PRESIDENT 6153018724 2023-04-16 1 HENRY HICKS 999009999 RYAN BLANKENSHIP P01336455 6153836592 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z HENRY HICKS 510 BROADWAY NASHVILLE TN 37214 11173269 0 X NMAAM.ORG X 2001 TN TO EDUCATE THE WORLD, PRESERVE THE LEGACY, AND CELEBRATE THE CENTRAL ROLE AFRICAN AMERICANS PLAY IN CREATING THE AMERICAN SOUNDTRACK 16 16 63 90 309401 193923 8203951 6359621 957875 2960771 2414 1065 68775 1623008 9233015 10944465 0 0 0 0 2495816 3055630 0 0 1487929 6398142 7406463 8893958 10462093 339057 482372 43131276 38517966 19502621 14470359 23628655 24047607 X TO EDUCATED THE WORLD, PRESERVE THE LEGACY, AND CELEBRATE THE CENTRAL ROLE AFRICAN AMERICANS PLAY IN CREATING THE AMERICAN SOUNDTRACK. 0 0 2703399 2960771 BLACK MUSIC BUSINESS CERTIFICATION (BMBC) DEDICATED TO BLACK MUSIC CULTURE AND BUSINESS, THIS CERTIFICATION PROGRAM WILL PROVIDE AN EXPLORATORY APPROACH TO ALL FACETS OF THE MUSIC BUSINESS, CAREERS WITHIN THE INDUSTRY, AND ACCESS TO COURSES THAT DELVE INTO TOPICS SUCH AS THE HISTORY OF THE BUSINESS, MARKETING & BRANDING, ARTIST DEVELOPMENT, AND MONETIZING CREATIVITY. THE PROGRAM WILL CULMINATE IN THE DEVELOPMENT OF A BUSINESS PLAN THAT WILL BE PRESENTED ON AT THE END OF THE COURSE. BUSINESS PLANS/PRESENTATIONS WILL BE EVALUATED BY THE BMBC PROGRAM DEAN AND PARTICIPATING PROFESSORS.EMERGING ARTIST SERIES-THE EMERGING ARTIST SERIES PROVIDES ARTISTS THE OPPORTUNITY TO GAIN PERFORMANCE SKILLS AND KNOWLEDGE OF BUSINESS STANDARDS THROUGH FEATURES AS MUSEUM ARTISTS AT PROGRAMS AND EVENTS. BI-QUARTERLY, PARTICIPANTS IN THE SERIES ARE INVITED TO SHOWCASE THEIR GROWTH/TALENT IN CONCERT, EACH ARTIST REPRESENTING THE DIVERSITY OF MUSICAL GENRES THAT CAN BE EXPERIENCED ACROSS MUSIC CITY. THE SERIES CELEBRATES THE TALENT AND IMPACT OF AFRICAN AMERICANS ON AMERICAN CULTURE AND FEATURES MUSICIANS WHO EMBODY DIVERSE MUSICAL AND CULTURAL PERSPECTIVES.RIVERS OF RHYTHM INSTITUTE FOR SOCIAL EDUCATION: THE RIVERS OF RHYTHM INSTITUTE FOR SOCIAL EDUCATION IS AN INTENSIVE, TWO-DAY PROFESSIONAL DEVELOPMENT EXPERIENCE FOR TENNESSEE K-12 EDUCATORS. THE GOAL OF RRISE IS TO EXPOSE EDUCATORS TO RESOURCES AND EXPERIENCES THAT PROVIDE THEM AN ACCURATE KNOWLEDGE OF BLACK STORIES/VOICES THAT EMPHASIZE THE INFLUENCE OF AFRICAN AMERICANS ON THE HEART AND SOUL OF MUSIC CITY.FROM NOTHING TO SOMETHING-A ONE-HOUR WORKSHOP SERIES, FN2S ENGAGES YOUTH IN THE MUSICAL AND LYRICAL CONSTRUCTION OF THE AMERICAN SOUNDTRACK THROUGH TEACHING ARTIST/MUSEUM EDUCATOR LED HANDS-ON ACTIVITIES/DISCUSSIONS. THE CORE OF THE PROGRAM INVOLVES THE PROVISION AND STUDY OF INSTRUMENTS TO FOSTER MUSIC EDUCATION, SUPPORTING ANALYTICAL THINKING, AND DECISION MAKING, AND CRITICAL THINKING SKILLS FOR YOUTH WHILE EXPLORING AMERICAN HISTORY. SIPS & STANZAS-SIPS & STANZAS IS A MONTHLY SOCIAL NETWORKING EVENT THAT PROVIDES ADULTS THE OPPORTUNITY TO EXPERIENCE SOUNDS FROM MUSIC CITY'S EMERGING ARTISTS AND PARTICIPATE IN ENGAGING DISCUSSIONS ON AMERICA'S MUSIC HISTORY. THE EVENT GATHERS PROFESSIONALS TO MEET, LISTEN TO, AND HAVE INTERACTIVE CONVERSATIONS WITH OUTSTANDING MUSIC LEADERS REPRESENTING BUSINESS, PERFORMANCE, MEDIA, AND OTHER INDUSTRY ASPECTS THEREBY CAPTURING ALL ASPECTS OF NASHVILLE'S MUSIC SCENE.EVERY YEAR IN JUNE, WE CELEBRATE BLACK MUSIC MONTH. THERE ARE A NUMBER OF ACTIVITIES HOSTED BY THE MUSEUM TO INCLUDE, BUT NOT LIMITED TO, A BLOCK PARTY AND COMMUNITY DAY. WITH COMMUNITY DAY, WE INVITE LOCAL BLACK OWNED BUSINESSES TO SETUP THEIR WARES AT A TABLE IN OUR MUSEUM IN AN EFFORT TO SUPPORT THEM. WE ALSO INVITE PEOPLE TO VARIOUS EVENTS LIKE LEARNING HOW TO PLAY MUSIC WITH SPOONS OR PLANTING A TREE (WHICH THEY TAKE WITH THEM). FOR OUR BLOCK PARTY, WE SHOWCASE VARIOUS BLACK ARTISTS TO THE PUBLIC. WE HAVE LOCAL RISING ARTIST ALL THE WAY UP TO NATIONAL RECORDING ARTIST. THIS YEAR'S HEADLINER WAS RAY PARKER, JR. ALBEIT. 2703399 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 38 0 1 63 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 TN X X JAMES MUNCH 6153217333 510 BROADWAY NASHVILLE TN 37214 STACEY GARRETT KOJU CHAIRMAN 4.00 X X 0 0 0 BRET BABCOCK TRUSTEE 1.00 X 0 0 0 DR LADONNA BOYD TRUSTEE 1.00 X 0 0 0 TOM CURTIS TRUSTEE 1.00 X 0 0 0 DR BOB FISHER TRUSTEE 1.00 X 0 0 0 VINCE GILL TRUSTEE 1.00 X 0 0 0 JEFF HARLESTON TRUSTEE 1.00 X 0 0 0 MONIQUE IDLETT-MOSLEY TRUSTEE 1.00 X 0 0 0 CONNIE KINNARD TRUSTEE 1.00 X 0 0 0 REV JERRY MAYNARD TRUSTEE 1.00 X 0 0 0 SHERRI NEAL TRUSTEE 1.00 X 0 0 0 DASHA SMITH TRUSTEE 1.00 X 0 0 0 MARIE SUEING TRUSTEE 1.00 X 0 0 0 BRETT SWEET TRUSTEE 1.00 X 0 0 0 PHIL THORNTON TRUSTEE 1.00 X 0 0 0 DYANA WILLIAMS TRUSTEE 1.00 X 0 0 0 HENRY HICKS III PRESIDENT & CEO 50.00 X 285000 0 17516 TUWISHA ROGERS-SIMPSON VP OF BAND AND PRATNERSHIPS 40.00 X 120782 0 1824 DANIEL HILTERBRAND VP, OPERATIONS 40.00 X 124249 0 0 530031 0 19340 3 0 1 0 ALLIED UNIVERSAL 565 MARRIOTT DR 200 NASHVILLE TN 37214 SECURITY SERVICES 349639 GO WEST CREATIVE GROUP 528 RUNDLE AVE NASHVILLE TN 37210 EVENT DEVELOPMENT & MANAGEMENT 296211 FEDERAL BUILDING SERVICES 1641 BARCLAY BLVD BUFFALO GROVE IL 600894544 CLEANING & JANITORIAL SERVICES & SUPPLIE 236766 3 1572330 4787291 6359621 ADMISSIONS 900099 2306202 2306202 BLACK MUSIC MONTH AND OTHER EVENT 900099 419406 419406 MEMBERSHIP 900099 235163 235163 2960771 1065 1065 896136 228804 667332 667332 MISC INCOME 900099 530501 530501 ADVERTISING 541800 309401 309401 OTHER INCOME 900099 115774 115774 955676 10944465 3628103 309401 647340 X 285000 71999 178103 34898 2175801 549672 1359708 266421 72963 18433 45596 8934 344016 86909 214983 42124 177850 44930 111143 21777 90587 30003 53380 7204 33150 10979 19535 2636 1536498 508891 905410 122197 481520 447494 32839 1187 190039 43770 131342 14927 1087586 240493 783101 63992 111754 28824 74875 8055 704524 151308 449334 103882 2333550 340405 1315614 677531 38561 2509 35216 836 GENERAL AND ADMINISTRAT 713069 126780 552462 33827 BAD DEBT EXPENSE 77501 77501 GIFTS AND ACKNOWLEDGMEN 8124 8124 10462093 2703399 6270765 1487929 1049088 1545325 5868730 3042989 344597 237805 162843 10500 13652 606744 220534 451124 386210 171599 152142 35235638 32977000 43131276 38517966 3759443 928649 1366529 879234 14063260 12419526 313389 242950 19502621 14470359 X 17759925 21004618 5868730 3042989 23628655 24047607 43131276 38517966 482372 -63420 0 X 0 1 X 1 1 1 X 2157500 6391900 16793730 8203951 6359621 39906702 2157500 6391900 16793730 8203951 6359621 39906702 6314180 33592522 2414 1065 3479 56525 646275 702800 40612981 4827032 0.82710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 408109 -63996 344113 347549 60560 408109 347361 188 347549 26395 320966 347361 1.00000 0 0 606744 220534 386210 386210 BENEFICIAL INTEREST IN ASSETS AT COMMUNITY FOUNDTION OF MIDDLE TENNESSE 344113 PROJECT DEVELOPMENT COST 32632887 32977000 CAPITAL LEASE OBLIGATION 242950 242950 X 11109849 -63420 228804 165384 10944465 0 10944465 10690897 228804 228804 10462093 0 10462093 PART III, LINE 1A: IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTION HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF ARTIFACTS BY THE MUSEUM ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. THE COLLECTION WILL BE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FOR FINANCIAL GAIN. PROCEEDS FROM THE DISPOSALS OF COLLECTIONS ARE GENERALLY RECORDED AS INCREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES AND USED FOR THE CARE OF CURRENT COLLECTIONS OR THE ACQUISITION OF NEW COLLECTIONS. PART X, LINE 2: THE ORGANIZATION IS A TAX-EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE ("IRC"), AND THE ORGANIZATION IS CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION AS DEFINED IN SECTION 509(A) OF THE IRC. THEREFORE, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") GUIDANCE RELATED TO UNRECOGNIZED TAX BENEFITS. THE GUIDANCE DESCRIBES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ORGANIZATION'S FINANCIAL STATEMENTS. THIS GUIDANCE PRESCRIBES A MINIMUM PROBABILITY THRESHOLD THAT A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION THAT IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN 50% LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE ORGANIZATION HAS NO TAX PENALTIES OR INTEREST REPORTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 228,804. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 228,804. X X 0 0 0 0 0 0 0 0 0 HENRY HICKS III PRESIDENT & CEO 285000 0 0 0 0 0 11400 0 6116 0 302516 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B TO BE REVIEWED BY EXECUTIVE COMMITTEE AND PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEW DURING COMMITTEE AND DIRECTOR MEETINGS. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE MADE AVALABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVALABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL: PROGRAM SERVICE EXPENSES 508,891. MANAGEMENT AND GENERAL EXPENSES 905,410. FUNDRAISING EXPENSES 122,197. TOTAL EXPENSES 1,536,498.