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MUSIC CITY INC: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
MUSIC CITY INC (EIN 34-2064764)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-03-28
IRS object ID
201800879349301150
Schema version
2016v3.0
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)
Return2018-03-28T16:10:18-07:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

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
Signature2018-03-28SignatureDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address12.153.14.18IPv4AddressTxt
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2021-01-29 14:40:06ZBuildTS

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$6,387,680GrossReceiptsAmt
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 publicActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent5VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,292,293PYContributionsGrantsAmt
CY Contributions Grants$6,139,318CYContributionsGrantsAmt
PY Program Service Revenue$237,499PYProgramServiceRevenueAmt
CY Program Service Revenue$247,965CYProgramServiceRevenueAmt
PY Investment Income$428PYInvestmentIncomeAmt
CY Investment Income$397CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$6,530,220PYTotalRevenueAmt
CY Total Revenue$6,387,680CYTotalRevenueAmt
PY Grants And Similar Paid$5,250PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$10,000CYGrantsAndSimilarPaidAmt
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$29,360CYTotalFundraisingExpenseAmt
PY Other Expenses$6,388,666PYOtherExpensesAmt
CY Other Expenses$6,430,486CYOtherExpensesAmt
PY Total Expenses$6,393,916PYTotalExpensesAmt
CY Total Expenses$6,440,486CYTotalExpensesAmt
PY Revenues Less Expenses$136,304PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$52,806CYRevenuesLessExpensesAmt
Total Assets BOY$910,773TotalAssetsBOYAmt
Total Assets EOY$1,586,532TotalAssetsEOYAmt
Total Liabilities BOY$566,675TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,295,240TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$344,098NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$291,292NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
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.MissionDesc
Significant New Program SrvcYes (1)SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$2,954,229ExpenseAmt
Grant$0GrantAmt
Revenue$74,846RevenueAmt
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$2,068,027ExpenseAmt
Grant$0GrantAmt
Revenue$50,048RevenueAmt
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$950,531ExpenseAmt
Grant$0GrantAmt
Revenue$123,021RevenueAmt
DescOn 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 a local professional sports team.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (6 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$137,400$0$0Provided free tickets to multiple youth organizations (Boys & Girls Clubs, Boy Scouts, Girl Scouts, etc) to two professional league soccer matches held in the city during the year.
$120,568$0$0Provided communication services, needed equipment, and other public works assistance to the Metropolitan Government of Nashville.
$100,889$0$50Continued 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.
$36,464$0$0Produced multiple music focused events to showcase the variety of musical, culinary and other creative talent that exists in the city.
$11,449$10,000$0Provided water and other assistance to the victims of the wildfires that occurred in Gatlinburg, TN during the year.
$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$406,770TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$10,000TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$50TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$6,379,557TotalProgramServiceExpensesAmt
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 AssetsYes (1)ReportOtherAssetsInd
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 Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
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 Document79IRPDocumentCnt
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
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member5IndependentVotingMemberCnt
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 (9 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
Bob Bedell
Board Member10Yes (X)$0$0$0
Ed Hardy
Board Member10Yes (X)$0$0$0
Jason Sheer
Board Member10Yes (X)$0$0$0
Ken Levitan
Board Member10Yes (X)$0$0$0
Pat Martin
Board Member10Yes (X)$0$0$0
Christopher Spyridon
Board Member/President860Yes (X)$0$792,340$56,555Yes (X)
Jeff Mefford
Board Member/Treasurer850Yes (X)$0$211,024$30,586Yes (X)
Deana Ivey
Board Member850Yes (X)$0$297,392$34,185
Mary Arnold
Board Member450Yes (X)$0$167,616$28,216
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,468,372TotReportableCompRltdOrgAmt
Total Other Compensation$149,542TotalOtherCompensationAmt
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$500,000
Sunbelt Rentals
PO Box 409211AtlantaGA30384Equipment rental$468,651
Rock Solid Security Inc
546 Rosedale AveNashvilleTN37211Special Event Security$463,375
Contemporary Services Corp
PO Box 511282Los AngelesCA90051Special Event Security$269,555
Crew One Productions
750 Cowan StNashvilleTN37207Special Event Production Services$267,272
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K13CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$0FundraisingAmt
Related Organizations$4,449,978RelatedOrganizationsAmt
Government Grants$780,000GovernmentGrantsAmt
All Other Contributions$909,340AllOtherContributionsAmt
Noncash Contributions$0NoncashContributionsAmt
Total Contributions$6,139,318TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Public sports team celebration711300$123,021$123,021$0$0
Music City New Year's Eve event711300$74,846$74,846$0$0
Music City July 4th Celebration711300$50,048$50,048$0$0
Other Public Music Related Programs711300$50$50$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$247,965TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$397TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$397ExclusionAmt

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$6,387,680TotalRevenueColumnAmt
Related Or Exempt Func Income$247,965RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$397ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
Program Services$0ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$10,000TotalAmt
Program Services$10,000ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,700TotalAmt
Program Services$0ProgramServicesAmt
Management And General$5,700ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$7,272TotalAmt
Program Services$5,951ProgramServicesAmt
Management And General$1,321ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$461TotalAmt
Program Services$0ProgramServicesAmt
Management And General$461ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$6,125,867TotalAmt
Program Services$6,096,507ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$29,360FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$9,576TotalAmt
Program Services$0ProgramServicesAmt
Management And General$9,576ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Provide free soccer tickets to youth organizations$137,400$137,400$0$0
Metro Nashville Govt public works programs$103,220$103,220$0$0
Music City Walk of Fame maintenance$26,479$26,479$0$0
Taxes & Licenses$14,511$0$14,511$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$6,440,486TotalAmt
Program Services$6,379,557ProgramServicesAmt
Management And General$31,569ManagementAndGeneralAmt
Fundraising$29,360FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$274,647BOYAmt
EOY$652,019EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$397,112BOYAmt
EOY$211,662EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$59,947LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$9,576LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
EOY$50,371EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$239,014BOYAmt
EOY$672,480EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$910,773BOYAmt
EOY$1,586,532EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$46,565BOYAmt
EOY$726,440EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$520,110BOYAmt
EOY$568,800EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$566,675BOYAmt
EOY$1,295,240EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$344,098BOYAmt
EOY$291,292EOYAmt

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$344,098BOYAmt
EOY$291,292EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$910,773BOYAmt
EOY$1,586,532EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$52,806ReconcilationRevenueExpnssAmt
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

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consol And Sep Basis Fincl StmtYes (X)ConsolAndSepBasisFinclStmtInd
FieldValueIRS element (for citing)
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$2,458,225CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,244,176CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,402,529CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,292,293CurrentTaxYearMinus1YearAmt
Current Tax Year$6,139,318CurrentTaxYearAmt
Total$20,536,541TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,458,225CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$2,244,176CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,402,529CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,292,293CurrentTaxYearMinus1YearAmt
Current Tax Year$6,139,318CurrentTaxYearAmt
Total$20,536,541TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$12,419,660SubstantialContributorsTotAmt
Public Support Total170$8,116,881PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$141CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$198CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$256CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$428CurrentTaxYearMinus1YearAmt
Current Tax Year$397CurrentTaxYearAmt
Total$1,420TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$0CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$0CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$0CurrentTaxYearMinus2YearsAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$20,537,961TotalSupportAmt
Gross Receipts Rltd Activities$887,942GrossReceiptsRltdActivitiesAmt
Public Support CY1700.39521PublicSupportCY170Pct
Public Support PY1700.46545PublicSupportPY170Pct
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$59,947OtherCostOrOtherBasisAmt
Depreciation$9,576DepreciationAmt
Book Value$50,371BookValueAmt

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$50,371TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescReceivable from related organizationDesc
Book Value$672,480BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$672,480TotalBookValueOtherAssetsAmt
Total Liability$0TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$6,387,679TotalRevEtcAuditedFinclStmtAmt
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$6,387,679RevenueSubtotalAmt
Investment Expenses Not Incld$0InvestmentExpensesNotIncldAmt
Other Revenues Not Included$1OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,387,680TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$6,440,485TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$0DonatedServicesUseFcltsAmt
Prior Year Adjustments$0PriorYearAdjustmentsAmt
Losses Reported$0LossesReportedAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$6,440,485ExpensesSubtotalAmt
Investment Expenses Not Incld2$0InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$1OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$6,440,486TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule D, Part X, Line 2The Foundation 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 fifty percent likely of being realized upon ultimate settlement. The Foundation has no tax penalties or interest reported in the accompanying financial statements.
Schedule D, Part XI, Line 4bRounding difference
Schedule D, Part XII, Line 4bRounding difference

Schedule I IRS990ScheduleI

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

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeThe reporting organization provided assistance to help victims recover from the Gatlinburg TN wildfires to 18 separate individuals, each of whom received less than $5000.GrantTypeTxt
Recipient18RecipientCnt
Cash Grant$10,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2FormAndLineReferenceDesc
ExplanationThe grants made to individuals by the reporting organization this year were small separate amounts to individuals in our industry who were personally harmed by the wildfires that occurred around the Gatlinburg TN area this year. This was a one-time event and such grants are not a normal ongoing activity of the organization.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$451,000$0$308,285$0$33,055$0$33,900$0$22,655$0$848,895$0$0
Deana Ivey
Board Member$0$215,212$0$78,000$0$4,179$0$14,196$0$19,989$0$331,576$0$0
Jeff Mefford
Board Member/Treasurer$0$175,321$0$29,700$0$6,003$0$12,873$0$17,713$0$241,610$0$0
Mary Arnold
Board Member$0$121,816$0$42,500$0$3,301$0$8,225$0$19,991$0$195,833$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 that reviews and sets the compensation annually.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part III, Line 2On behalf of the city government of Nashville, the organization produced entertainment events that were free and open to the public to bring local citizens together to celebrate the success of a local professional sports team.
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 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$4,385,077Program sponsorships/contributions as necessary to fund program services
Nashville Convention & Visitors Bureau
n$0The Nashville Convention & Visitors Bureau controls the reporting organization through Board nomination, and provides office space and minimal administrative functions required by the reporting entity, which has no staff of its own.
Nashville Convention & Visitors Bureau
o$0The Nashville Convention & Visitors Bureau 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 organization timely filed a Form 8868 Automatic Extension request, which was approved by the IRS.ExplanationTxt