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Music City Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 342064764 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

Overview

What is Music City Inc?

Music City Inc, based in Nashville, Tennessee, is a nonprofit organization situated at 500 11th Ave N Ste 650. Their primary mission is to enhance the music environment of the city by organizing music-related events and services for the public and the Metropolitan Government of Nashville. They are well-known for producing the annual public New Year's Eve event, Nashville's Big Bash, which offers free live music and fireworks to bring the community together and celebrate the new year. This event serves as a unifying force, fostering a sense of camaraderie and celebration among Nashville's residents. Additionally, Music City Inc provides event-related supplies and services to the Metro Government of Nashville, further contributing to the city's music scene.


Is Music City Inc legitimate?

Music City Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music City Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $1,987
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Music City Inc?
Who is the CEO of Music City Inc?
What is the revenue of Music City Inc?
Who are the executives of Music City Inc and what are their salaries?
Where can I find the form 990 for Music City Inc?

Mission Statement of Music City Inc

Music City Inc, a nonprofit organization, is committed to enhancing the musical atmosphere of Nashville. Their mission is twofold: firstly, they aim to enrich the music environment of the city for the general public, and secondly, they strive to alleviate the government's burden by organizing music-related events and providing related services. Music City Inc achieves this by producing various music events open to the public, such as the annual New Year's Eve celebration, Nashville's Big Bash. This event offers free live music and fireworks, bringing the city together and providing an exciting way for residents and visitors to celebrate the start of the new year. Through these activities, Music City Inc plays a significant role in fostering a vibrant musical culture in Nashville.

Impact

This information is meant to be a general summary of Music City Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Music City Inc's impact can be seen in the vibrant music environment of Nashville. By producing events like Nashville's Big Bash, which brings people together with free live music and fireworks, they play a significant role in celebrating special occasions and fostering a sense of community. Additionally, their work helps lessen the burden on the government by providing music-related services and supplies to the Metropolitan Government of Nashville. Through their commitment to enhancing the music scene in the city, Music City Inc is a key player in promoting art and culture in Nashville.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $56
  • Program Service Revenue: $222,652
  • Gross Receipts: $7,930,504

    • Assets and Liabilities:
  • Total Assets: $1,837,848
  • Total Liabilities: $1,368,093
  • Net Assets: $469,755
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    COVID 19 Vaccine Incentive Prrogram

    Revenue

    $20,542

    Music City July 4th Celebration

    Revenue

    $84,641

    Music City New Year's Eve Event

    Revenue

    $117,469

    Organization Details

    Founding Year

    2006

    Principal Officer

    Christopher Spyridon

    Main Address

    500 11th Ave N Ste 650, Nashville, TN, 37203

    NTEE Category

    Code: A20 - Arts

    If you are a representative of Music City Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.