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MUSIC CITY INC: Form 990, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
MUSIC CITY INC (EIN 34-2064764)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-02-16
IRS object ID
201640479349300819
Schema version
2014v6.0
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)
Return2016-02-16T09:59:02-07:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt
Return Type990ReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

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 G-250AddressLine1Txt
CityNashvilleCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37219ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJeff MeffordPersonNm
Person TitleCFOPersonTitleTxt
Phone6152594708PhoneNum
Signature2016-02-16SignatureDt
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-08-17 19:52:53ZBuildTS

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$3,579,181GrossReceiptsAmt
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 related events and services to the general publicActivityOrMissionDesc
Voting Members Governing Body13VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers30TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$2,244,176PYContributionsGrantsAmt
CY Contributions Grants$3,402,529CYContributionsGrantsAmt
PY Program Service Revenue$114,480PYProgramServiceRevenueAmt
CY Program Service Revenue$176,396CYProgramServiceRevenueAmt
PY Investment Income$198PYInvestmentIncomeAmt
CY Investment Income$256CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,358,854PYTotalRevenueAmt
CY Total Revenue$3,579,181CYTotalRevenueAmt
PY Grants And Similar Paid$5,782PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$25,000CYGrantsAndSimilarPaidAmt
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$17,199CYTotalFundraisingExpenseAmt
PY Other Expenses$2,325,084PYOtherExpensesAmt
CY Other Expenses$3,591,612CYOtherExpensesAmt
PY Total Expenses$2,330,866PYTotalExpensesAmt
CY Total Expenses$3,616,612CYTotalExpensesAmt
PY Revenues Less Expenses$27,988PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$37,431CYRevenuesLessExpensesAmt
Total Assets BOY$795,978TotalAssetsBOYAmt
Total Assets EOY$1,272,135TotalAssetsEOYAmt
Total Liabilities BOY$550,753TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,064,341TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$245,225NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$207,794NetAssetsOrFundBalancesEOYAmt
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 Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$1,692,770ExpenseAmt
Grant$0GrantAmt
Revenue$81,205RevenueAmt
DescProduced the annual public New Year's Eve Bash on Broadway 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$1,217,804ExpenseAmt
Grant$0GrantAmt
Revenue$91,903RevenueAmt
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$264,087ExpenseAmt
Grant$0GrantAmt
Revenue$0RevenueAmt
DescContinued 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.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (4 entries)

ExpenseExpenseAmtGrantGrantAmtRevenueRevenueAmtDescDesc
$183,743$0$0Assisted the Metropolitan Government of Nashville with the initial preparations to host the annual meeting of the National League of Cities organization in November 2015, an association for elected local officials from across the country.
$151,002$0$0Hosted a fund raising reception for the ASAE Foundation, the charitable foundation of the American Society of Association Executives, which was meeting in Nashville during August 2014.
$76,718$25,000$3,288Participated in various other activities designed to enhance and publicize the rich and diverse musical culture of Nashville.
$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$411,463TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$25,000TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$3,288TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$3,586,124TotalProgramServiceExpensesAmt
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 Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
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 Document51IRPDocumentCnt
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 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 Body0Form990ProvidedToGvrnBodyInd
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
Bob Bedell
Board Member10Yes (X)$0$0$0
Robert Fisher
Board Member10Yes (X)$0$0$0
Ed Hardy
Board Member10Yes (X)$0$0$0
Henry Hicks
Board Member10Yes (X)$0$0$0
Deb McDermott
Board Member10Yes (X)$0$0$0
Bruno Pirecki
Board Member10Yes (X)$0$0$0
Brenda Sanderson
Board Member10Yes (X)$0$0$0
Jason Sheer
Board Member10Yes (X)$0$0$0
Nick Taras
Board Member10Yes (X)$0$0$0
Christopher Spyridon
Board Member/President460Yes (X)$0$647,248$48,121Yes (X)
Jeff Mefford
Board Member/Treasurer450Yes (X)$0$182,307$27,745Yes (X)
Mary Arnold
Board Member450Yes (X)$0$141,649$25,462
Deana Ivey
Board Member450Yes (X)$0$250,533$29,344
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,221,737TotReportableCompRltdOrgAmt
Total Other Compensation$130,672TotalOtherCompensationAmt
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/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Rock Solid Security Inc
546 Rosedale AveNashvilleTN37211Special Event Security$285,768
Sunbelt Rentals
PO Box 409211AtlantaGA30384Equipment rental$241,520
Pyro Shows Inc
PO Box 1776LaFolletteTN37766Pyrotechnic services$232,333
Lady A'd Productions Inc
PO Box 340020NashvilleTN37203Musical performance$200,000
Deaton Flanigen Productions Inc
1625 Broadway Ste 300NashvilleTN37203Video production services$146,642
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K8CntrctRcvdGreaterThan100KCnt
Federated Campaigns$0FederatedCampaignsAmt
Membership Dues$0MembershipDuesAmt
Fundraising$0FundraisingAmt
Related Organizations$1,833,882RelatedOrganizationsAmt
Government Grants$826,744GovernmentGrantsAmt
All Other Contributions$741,903AllOtherContributionsAmt
Noncash Contributions$0NoncashContributionsAmt
Total Contributions$3,402,529TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Music City July 4th Celebration711300$91,903$91,903$0$0
Music City Gives Back Event711300$3,288$3,288$0$0
Music City New Year's Eve Event711300$81,205$81,205$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$176,396TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$256TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$256ExclusionAmt

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$3,579,181TotalRevenueColumnAmt
Related Or Exempt Func Income$176,396RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$256ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$25,000TotalAmt
Program Services$25,000ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Benefits To Members BenefitsToMembersGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$5,200TotalAmt
Management And General$5,200ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$11,981TotalAmt
Program Services$11,298ProgramServicesAmt
Management And General$683ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$3,298,529TotalAmt
Program Services$3,281,330ProgramServicesAmt
Fundraising$17,199FundraisingAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Music City Walk of Fame maintenance$230,092$230,092$0$0
Metro Nashville Govt safety program$38,404$38,404$0$0
Taxes and licenses$7,406$0$7,406$0

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,616,612TotalAmt
Program Services$3,586,124ProgramServicesAmt
Management And General$13,289ManagementAndGeneralAmt
Fundraising$17,199FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$221,874BOYAmt
EOY$347,540EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$125,000EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,500BOYAmt
EOY$0EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$557,017BOYAmt
EOY$666,123EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$12,587BOYAmt
EOY$133,472EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$795,978BOYAmt
EOY$1,272,135EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$140,680BOYAmt
EOY$276,149EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$410,073BOYAmt
EOY$788,192EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$550,753BOYAmt
EOY$1,064,341EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$245,225BOYAmt
EOY$207,794EOYAmt

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$245,225BOYAmt
EOY$207,794EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$795,978BOYAmt
EOY$1,272,135EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$37,431ReconcilationRevenueExpnssAmt
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$1,285,932CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,537,652CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,458,225CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,244,176CurrentTaxYearMinus1YearAmt
Current Tax Year$3,402,529CurrentTaxYearAmt
Total$10,928,514TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,285,932CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,537,652CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,458,225CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$2,244,176CurrentTaxYearMinus1YearAmt
Current Tax Year$3,402,529CurrentTaxYearAmt
Total$10,928,514TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$5,201,066SubstantialContributorsTotAmt
Public Support Total170$5,727,448PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$85CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$110CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$141CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$198CurrentTaxYearMinus1YearAmt
Current Tax Year$256CurrentTaxYearAmt
Total$790TotalAmt

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
Current Tax Year Minus1 Year$0CurrentTaxYearMinus1YearAmt
Current Tax Year$0CurrentTaxYearAmt
Total$0TotalAmt
FieldValueIRS element (for citing)
Total Support$10,929,304TotalSupportAmt
Gross Receipts Rltd Activities$644,106GrossReceiptsRltdActivitiesAmt
Public Support CY1700.52405PublicSupportCY170Pct
Public Support PY1700.55479PublicSupportPY170Pct
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

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescReceivable from related organizationDesc
Book Value$133,472BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$133,472TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$3,579,181TotalRevEtcAuditedFinclStmtAmt
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$3,579,181RevenueSubtotalAmt
Investment Expenses Not Incld$0InvestmentExpensesNotIncldAmt
Other Revenues Not Included$0OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$3,579,181TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,616,612TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$0DonatedServicesUseFcltsAmt
Prior Year Adjustments$0PriorYearAdjustmentsAmt
Losses Reported$0LossesReportedAmt
Other Expenses Included$0OtherExpensesIncludedAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$3,616,612ExpensesSubtotalAmt
Investment Expenses Not Incld2$0InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$0OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,616,612TotalExpensesPerForm990Amt

Schedule I IRS990ScheduleI

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

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1Fisk UniversityBusinessNameLine1Txt
Business Name Line2Fisk Jubilee SingersBusinessNameLine2Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11000 17th Ave NAddressLine1Txt
CityNashvilleCityNm
State AbbreviationTNStateAbbreviationCd
ZIP37208ZIPCd
FieldValueIRS element (for citing)
Recipient EIN620202000RecipientEIN
IRC Section501(c)(3)IRCSectionDesc
Cash Grant$10,000CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Valuation Method Usedn/aValuationMethodUsedDesc
Non Cash Assistancen/aNonCashAssistanceDesc
Purpose Of GrantTo sponsor the Fisk Jubilee Singers as they serve as ambassadors for Music City on a trip to GhanaPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org4Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceSchedule I, Part I, Line 2FormAndLineReferenceDesc
ExplanationGrants are primarily made to local non-profit organizations that carry out programs which further the exempt purposes of the reporting organization. Music City Inc., through it's parent organization, is an active advocate for the programs which receive grant funding from Music City Inc., and as such, is able to monitor the use of the funds in a very tangible way. The reporting organization therefore obtains immediate and first-hand knowledge about the use of any grant funding awarded.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$394,250$0$220,000$0$32,998$0$29,190$0$18,931$0$695,369$0$0
Deana Ivey
Board Member$0$186,933$0$60,000$0$3,600$0$12,255$0$17,089$0$279,877$0$0
Jeff Mefford
Board Member/Treasurer$0$157,124$0$23,250$0$1,933$0$11,145$0$16,600$0$210,052$0$0
Mary Arnold
Board Member$0$113,427$0$27,600$0$623$0$7,378$0$18,083$0$167,111$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 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. In most years, a draft of the Form 990 is made available to any board members that wish to review it prior to filing. For tax year 2014, a later completion of the audit did not allow time for this review. This situation is not expected to recur.
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 is 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 & 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 Org0GiftGrntCapContriFromOthOrgInd
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 Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other OrgYes (1)ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (2 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
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 for the reporting entity, which has no staff of its own.
Nashville Convention & Visitors Bureau
q$1,788,832Program sponsorships/contributions

Reasonable Cause Explanation ReasonableCauseExplanation

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