2016-02-16T09:59:02-07:00 2015-06-30 990 2014-07-01 342064764 MUSIC CITY INC MUSI 6152594708 150 4th Ave North G-250 Nashville TN 37219 Jeff Mefford CFO 6152594708 2016-02-16 2014 2016-08-17 19:52:53Z Christopher Spyridon 150 4th Ave N Ste G250 Nashville TN 37219 3579181 0 X X 2006 TN Enhance the music environment of Nashville by providing related events and services to the general public 13 9 0 30 0 0 2244176 3402529 114480 176396 198 256 0 0 2358854 3579181 5782 25000 0 0 0 0 0 0 17199 2325084 3591612 2330866 3616612 27988 -37431 795978 1272135 550753 1064341 245225 207794 Enhance the music environment of Nashville and lessen the burden on government by producing music related events and other related services for the general public. 0 0 1692770 0 81205 Produced 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. 1217804 0 91903 Produced the annual public July 4th concert and fireworks display on behalf of the city of Nashville at Riverfront Park in downtown Nashville. 264087 0 0 Continued 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. 183743 0 0 Assisted 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. 151002 0 0 Hosted 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. 76718 25000 3288 Participated in various other activities designed to enhance and publicize the rich and diverse musical culture of Nashville. 0 0 0 Worked 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. 411463 25000 3288 3586124 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 51 0 1 0 0 0 0 0 0 0 0 0 0 0 X 13 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 0 0 TN X X Nashville Convention and Visitors Bureau 6152594708 150 4th Ave N G-250 Nashville TN 37219 Bob Bedell Board Member 1 0 X 0 0 0 Robert Fisher Board Member 1 0 X 0 0 0 Ed Hardy Board Member 1 0 X 0 0 0 Henry Hicks Board Member 1 0 X 0 0 0 Deb McDermott Board Member 1 0 X 0 0 0 Bruno Pirecki Board Member 1 0 X 0 0 0 Brenda Sanderson Board Member 1 0 X 0 0 0 Jason Sheer Board Member 1 0 X 0 0 0 Nick Taras Board Member 1 0 X 0 0 0 Christopher Spyridon Board Member/President 4 60 X X 0 647248 48121 Jeff Mefford Board Member/Treasurer 4 50 X X 0 182307 27745 Mary Arnold Board Member 4 50 X 0 141649 25462 Deana Ivey Board Member 4 50 X 0 250533 29344 0 1221737 130672 0 0 1 0 Rock Solid Security Inc 546 Rosedale Ave Nashville TN 37211 Special Event Security 285768 Sunbelt Rentals PO Box 409211 Atlanta GA 30384 Equipment rental 241520 Pyro Shows Inc PO Box 1776 LaFollette TN 37766 Pyrotechnic services 232333 Lady A'd Productions Inc PO Box 340020 Nashville TN 37203 Musical performance 200000 Deaton Flanigen Productions Inc 1625 Broadway Ste 300 Nashville TN 37203 Video production services 146642 8 0 0 0 1833882 826744 741903 0 3402529 Music City July 4th Celebration 711300 91903 91903 0 0 Music City Gives Back Event 711300 3288 3288 0 0 Music City New Year's Eve Event 711300 81205 81205 0 0 0 0 0 0 176396 256 0 0 256 0 0 0 0 0 0 0 0 0 0 0 0 0 0 3579181 176396 0 256 25000 25000 0 0 0 0 5200 5200 11981 11298 683 3298529 3281330 17199 Music City Walk of Fame maintenance 230092 230092 0 0 Metro Nashville Govt safety program 38404 38404 0 0 Taxes and licenses 7406 0 7406 0 3616612 3586124 13289 17199 221874 347540 125000 4500 0 557017 666123 12587 133472 795978 1272135 140680 276149 410073 788192 550753 1064341 X 245225 207794 0 0 0 0 245225 207794 795978 1272135 -37431 0 0 0 0 0 X 0 1 X 1 0 X 1285932 1537652 2458225 2244176 3402529 10928514 1285932 1537652 2458225 2244176 3402529 10928514 5201066 5727448 85 110 141 198 256 790 0 0 0 0 0 0 10929304 644106 0.52405 0.55479 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED Receivable from related organization 133472 133472 3579181 0 0 0 0 0 3579181 0 0 0 3579181 3616612 0 0 0 0 0 3616612 0 0 0 3616612 1 Fisk University Fisk Jubilee Singers 1000 17th Ave N Nashville TN 37208 620202000 501(c)(3) 10000 0 n/a n/a To sponsor the Fisk Jubilee Singers as they serve as ambassadors for Music City on a trip to Ghana 4 0 Schedule I, Part I, Line 2 Grants 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. 0 0 0 0 0 0 0 0 0 Christopher Spyridon Board Member/President 0 394250 0 220000 0 32998 0 29190 0 18931 0 695369 0 0 Deana Ivey Board Member 0 186933 0 60000 0 3600 0 12255 0 17089 0 279877 0 0 Jeff Mefford Board Member/Treasurer 0 157124 0 23250 0 1933 0 11145 0 16600 0 210052 0 0 Mary Arnold Board Member 0 113427 0 27600 0 623 0 7378 0 18083 0 167111 0 0 Schedule J, Part I, Line 3 While 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. Form 990, Part VI, Section B, Line 11b After 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 12c The reporting organization is a relatively small one, and all financial transactions undergo multiple levels of internal review and approval. All board members and key staff members review our Conflict of Interest policy annually and disclose any known past or 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 15 The 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 19 In 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. Nashville Convention & Visitors Bureau 150 4th Avenue North Suite G250 Nashville TN 37219 020700616 Promote tourism and convention activity within Nashville TN 501(c)(6) N/A N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 Nashville Convention & Visitors Bureau n 0 The 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 1788832 Program sponsorships/contributions The organization filed a Form 8868 Automatic Extension request, which was approved by the IRS.