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MUSIC CITY INC: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
MUSIC CITY INC (EIN 34-2064764)
Tax period
2018-07-01 to 2019-06-30
Filed
2020-04-06
IRS object ID
202031009349300533
Schema version
2018v3.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-04-06T20:41:33-07:00ReturnTs
Tax Period End2019-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2018-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN342064764EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MUSIC CITY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlMUSIBusinessNameControlTxt
Phone6152594708PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 4th Ave North G250AddressLine1Txt
CityNashvilleCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37219ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJeff MeffordPersonNm
Person TitleCFOPersonTitleTxt
Phone6152594708PhoneNum
Signature2020-04-06SignatureDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address209.235.175.114IPv4AddressTxt
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-09-22 18:59:49ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerChristopher SpyridonPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 4th Ave N Ste G250AddressLine1Txt
CityNashvilleCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37219ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,102,915GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2006FormationYr
Legal Domicile StateTNLegalDomicileStateCd
Activity Or MissionEnhance the music environment of Nashville by providing music-related events and services to the general public and to the Metropolitan Government of NashvilleActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,057,762PYContributionsGrantsAmt
CY Contributions Grants$7,968,046CYContributionsGrantsAmt
PY Program Service Revenue$119,152PYProgramServiceRevenueAmt
CY Program Service Revenue$134,422CYProgramServiceRevenueAmt
PY Investment Income$406PYInvestmentIncomeAmt
CY Investment Income$447CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$6,177,320PYTotalRevenueAmt
CY Total Revenue$8,102,915CYTotalRevenueAmt
PY Grants And Similar Paid$88,438PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$312,928CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$30,965CYTotalFundraisingExpenseAmt
PY Other Expenses$6,069,732PYOtherExpensesAmt
CY Other Expenses$7,681,871CYOtherExpensesAmt
PY Total Expenses$6,158,170PYTotalExpensesAmt
CY Total Expenses$7,994,799CYTotalExpensesAmt
PY Revenues Less Expenses$19,150PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$108,116CYRevenuesLessExpensesAmt
Total Assets BOY$1,287,333TotalAssetsBOYAmt
Total Assets EOY$1,124,311TotalAssetsEOYAmt
Total Liabilities BOY$976,891TotalLiabilitiesBOYAmt
Total Liabilities EOY$705,753TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$310,442NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$418,558NetAssetsOrFundBalancesEOYAmt
MissionEnhance 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$4,713,127ExpenseAmt
Grant$0GrantAmt
Revenue$74,077RevenueAmt
DescProduced the annual public New Year's Eve Music City Midnight event, providing free live music and fireworks for the general public to bring the city together and celebrate the transition into the new year.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$2,508,047ExpenseAmt
Grant$0GrantAmt
Revenue$59,188RevenueAmt
DescProduced the annual public July 4th concert and fireworks display on behalf of the city of Nashville at Riverfront Park in downtown Nashville.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$207,731ExpenseAmt
Grant$202,928GrantAmt
Revenue$0RevenueAmt
DescProvided communications services, needed public safety equipment, and other public works assistance to the Metropolitan Government of Nashville.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (7 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$176,098$0$1,157On behalf of the Metropolitan Government of Nashville, produced multiple live 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 sports teams.
$164,848$110,000$0Produced a celebrity event that was free and open to the public in conjunction with the NFL Draft being held in the city by the NFL Organization. This event raised funds that were donated to 4 local charities.
$88,368$0$0Continued to maintain and enhance the Music City Walk of Fame through induction ceremonies to add additional plaques to the Walk, and by performing necessary ongoing maintenance to the existing inlays. The Walk is a public display of recognition for individuals and groups who have been instrumental in the development of the city's rich musical heritage.
$35,032$0$0Produced multiple music focused events to showcase the variety of musical, culinary and other creative talent that exists in the city.
$20,020$0$0Provided tickets to local charitable organizations serving underprivileged youth in the city to a USA soccer match being held in Nashville.
$17,311$0$0Purchased uniforms and other supplies for a program in Nashville that provides employment to members of the homeless population in the city.
$0$0$0Worked with the Career Academies of Nashville, particularly on the hospitality career path. This career path is included in 5 high schools throughout Metro Nashville, and encourages students to consider hospitality as a career by incorporating career elements into current curriculum and providing them hands-on training and experience at industry businesses. This academy is particularly important to the industry as it will help provide a steady stream of prepared candidates into the workforce for current businesses to support our growing capacity.
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$501,677TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$110,000TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$1,157TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$7,930,582TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Temp Or Permanent Endowments0TempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With Officer Ent0BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document91IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members13GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
Other WebsiteYes (X)OtherWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Nashville Convention and Visitors BureauBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6152594708PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 4th Ave N G-250AddressLine1Txt
CityNashvilleCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37219ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Ed Hardy
Board Chairman10Yes (X)$0$0$0
Pat Martin
Board Member10Yes (X)$0$0$0
Bob Patterson
Board Member10Yes (X)$0$0$0
Mignon Francois
Board Member10Yes (X)$0$0$0
Laura Hollingsworth
Board Member10Yes (X)$0$0$0
Doug Kreulen
Board Member10Yes (X)$0$0$0
Kevin Lavender
Board Member10Yes (X)$0$0$0
Jeff Pennington
Board Member10Yes (X)$0$0$0
Holly Williams
Board Member10Yes (X)$0$0$0
Christopher Spyridon
Board Member/President860Yes (X)$0$1,093,410$34,587Yes (X)
Jeff Mefford
Board Member/Treasurer850Yes (X)$0$247,756$33,385Yes (X)
Deana Ivey
Board Member850Yes (X)$0$356,912$38,313
Mary Arnold
Board Member850Yes (X)$0$175,854$34,268
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,873,932TotReportableCompRltdOrgAmt
Total Other Compensation$140,553TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtAddress Line2ContractorAddress/USAddress/AddressLine2TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Guitar Monkey Touring Inc
c/o CAA401 Commerce StreetNashvilleTN37219Musical Performance Services$600,000
Sunbelt Rentals
PO Box 409211AtlantaGA30384Equipment rental$564,517
Bandit Lites
2233 Sycamore DrKnoxvilleTN37921Staging equipment rental$404,029
Pyro Shows Inc
PO Box 1776LaFolletteTN37766Pyrotechnic Display Services$265,000
Lady A'd Productions Inc
PO Box 340020NashvilleTN37203Musical performance services$251,000
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K17CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$0FundraisingAmt
Related Organizations$5,618,760RelatedOrganizationsAmt
Government Grants$1,200,000GovernmentGrantsAmt
All Other Contributions$1,149,286AllOtherContributionsAmt
Noncash Contributions$0NoncashContributionsAmt
Total Contributions$7,968,046TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Music City July 4th Celebration711300$59,188$59,188$0$0
Music City New Year's Eve event711300$74,077$74,077$0$0
Public sports team celebration711300$1,157$1,157$0$0

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$134,422TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$447TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$447ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$0TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$0ExclusionAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$0RealAmt
Personal$0PersonalAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$0SecuritiesAmt
Other$0OtherAmt
FieldValueIRS element (for citing)
Contri Rpt Fundraising Event$0ContriRptFundraisingEventAmt
Other Revenue Total$0OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,102,915TotalRevenueColumnAmt
Related Or Exempt Func Income$134,422RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$447ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$312,928TotalAmt
Program Services$312,928ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$6,100TotalAmt
Management And General$6,100ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$5,669TotalAmt
Program Services$4,804ProgramServicesAmt
Management And General$865ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$7,560,653TotalAmt
Program Services$7,529,688ProgramServicesAmt
Fundraising$30,965FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$22,010TotalAmt
Management And General$22,010ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Music City Walk of Fame maintenance$46,331$46,331$0$0
Taxes and Licenses$4,277$0$4,277$0
Contributor program uniforms$16,811$16,811$0$0
Soccer tickets for youth organizations$20,020$20,020$0$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$7,994,799TotalAmt
Program Services$7,930,582ProgramServicesAmt
Management And General$33,252ManagementAndGeneralAmt
Fundraising$30,965FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$576,036BOYAmt
EOY$396,652EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$48,368BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$603,701BOYAmt
EOY$627,691EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$136,547LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$46,329LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$59,228BOYAmt
EOY$90,218EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
EOY$9,750EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,287,333BOYAmt
EOY$1,124,311EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$135,121BOYAmt
EOY$115,403EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$701,585BOYAmt
EOY$590,350EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$140,185BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$976,891BOYAmt
EOY$705,753EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$310,442BOYAmt
EOY$418,558EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$310,442BOYAmt
EOY$418,558EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,287,333BOYAmt
EOY$1,124,311EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$108,116ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$0NetUnrlzdGainsLossesInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Investment Expense$0InvestmentExpenseAmt
Prior Period Adjustments$0PriorPeriodAdjustmentsAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,402,529CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,292,293CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,139,318CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,057,762CurrentTaxYearMinus1YearAmt
Current Tax Year$7,968,046CurrentTaxYearAmt
Total$29,859,948TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,402,529CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$6,292,293CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,139,318CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,057,762CurrentTaxYearMinus1YearAmt
Current Tax Year$7,968,046CurrentTaxYearAmt
Total$29,859,948TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$19,793,998SubstantialContributorsTotAmt
Public Support Total170$10,065,950PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$256CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$428CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$397CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$406CurrentTaxYearMinus1YearAmt
Current Tax Year$447CurrentTaxYearAmt
Total$1,934TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$29,861,882TotalSupportAmt
Public Support CY1700.33708PublicSupportCY170Pct
Public Support PY1700.35998PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Book Value$0BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$136,547OtherCostOrOtherBasisAmt
Depreciation$46,329DepreciationAmt
Book Value$90,218BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$0InvestmentCostOrOtherBasisAmt
Other Cost Or Other Basis$0OtherCostOrOtherBasisAmt
Depreciation$0DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$90,218TotalBookValueLandBuildingsAmt
Federal Income Tax Liability$0FederalIncomeTaxLiabilityAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$8,102,915TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$0NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$0DonatedServicesAndUseFcltsAmt
Recoveries Prior Year Grants$0RecoveriesPriorYearGrantsAmt
Other Revenue$0OtherRevenueAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$8,102,915RevenueSubtotalAmt
Investment Expenses Not Incld$0InvestmentExpensesNotIncldAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$8,102,915TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,994,800TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$0DonatedServicesUseFcltsAmt
Prior Year Adjustments$0PriorYearAdjustmentsAmt
Losses Reported$0LossesReportedAmt
Other Expenses Included$1OtherExpensesIncludedAmt
Expenses Not Reported$1ExpensesNotReportedAmt
Expenses Subtotal$7,994,799ExpensesSubtotalAmt
Investment Expenses Not Incld2$0InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$7,994,799TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part X, Line 2The Organization follows FASB ASC guidance related to unrecognized tax benefits. The guidance clarifies 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.
Schedule D, Part XII, Line 2dRounding difference

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtValuation Method UsedValuationMethodUsedDescNon Cash AssistanceNonCashAssistanceDescPurpose Of GrantPurposeOfGrantTxtIRC SectionIRCSectionDesc
Metropolitan Government of Nashville
1 Public SquareNashvilleTN37201620694743$0$202,928Purchase pricePublic safety equipmentTo provide equipment resources for Nashville's first responders and public parks system
Tennessee Golf Foundation
400 Franklin RdFranklinTN37069581893478$25,000$0To support and encourage youth participation in sporting activities501(c)(3)
Nashville Predators Foundation
501 BroadwayNashvilleTN37203621751832$35,000$0To support and encourage youth participation in sporting activities501(c)(3)
Tennessee Titans Foundation
PO Box 844HoustonTX77001760611503$25,000$0To support and encourage youth participation in sporting activities501(c)(3)
Vanderbilt University Medical Center
PO Box 121236DallasTX75312352528741$25,000$0To support the regional services and research provided by the Children's Hospital501(c)(3)
FieldValueIRS element (for citing)
Total501c3 Org5Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2FormAndLineReferenceDesc
ExplanationGrants and other assistance are primarily made to local non-profit organizations, music and hospitality related organizations or 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, in that they are engaged in enhancing the music environment of the city or to lessen the burdens of government. 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.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Christopher Spyridon
Board Member/President$0$489,850$0$516,763$0$86,797$0$16,500$0$18,087$0$1,127,997$0$40,886
Deana Ivey
Board Member$0$269,788$0$80,000$0$7,123$0$16,500$0$21,813$0$395,224$0$0
Jeff Mefford
Board Member/Treasurer$0$198,748$0$42,000$0$7,007$0$15,182$0$18,204$0$281,141$0$0
Mary Arnold
Board Member$0$130,052$0$40,000$0$5,802$0$8,916$0$25,352$0$210,122$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule J, Part I, Line 3FormAndLineReferenceDesc
ExplanationWhile the reporting organization has no paid staff, the President is compensated by a related organization which has an independent Compensation Committee of the board that reviews and sets the compensation annually.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11bAfter completion of our annual external audit, the Form 990 is prepared internally by the professional accounting staff of the 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 it prior to filing.
Form 990, Part VI, Section B, Line 12cThe 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 present 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 15The reporting organization has no paid staff, but the President is compensated by a related organization which has an independent Compensation Committee that reviews his compensation annually.
Form 990, Part VI, Section C, Line 19In general, other than as required by IRS regulation, 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 and Visitors Bureau to the Metropolitan Government of Nashville as required by contract.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Nashville Convention & Visitors BureauBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1150 4th Avenue North Suite G250AddressLine1Txt
CityNashvilleCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37219ZIPCd
FieldValueIRS element (for citing)
EIN020700616EIN
Primary ActivitiesPromote tourism and convention activity within NashvillePrimaryActivitiesTxt
Legal Domicile StateTNLegalDomicileStateCd
Exempt Code Section501(c)(6)ExemptCodeSectionTxt
Public Charity StatusN/APublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
Nashville Convention & Visitors Bureau
c$5,564,210Program sponsorships/contributions as necessary to fund program services
Nashville Convention & Visitors Bureau
n$0The related organization controls the reporting organization through Board member nomination, and provides office space and minimal administrative function support required by the reporting entity, which has no staff of its own.
Nashville Convention & Visitors Bureau
o$0The related organization provides volunteer administrative support and event production services for the reporting organization, which has no staff of its own.

Reasonable Cause Explanation ReasonableCauseExplanation

FieldValueIRS element (for citing)
ExplanationThe reporting organization timely filed a Form 8868 Automatic Extension request, which was approved by the IRS.ExplanationTxt