Gibson Gives
- Assets
- $1.1m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 11/2006
- Data as of
- 12/2021
- EIN
- 20-0832563
Organization Overview
Gibson Gives is located in Nashville, TN. The organization was established in 2006. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gibson Gives is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Gibson Gives generated $2.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Gibson Gives has awarded 327 individual grants totaling $8,000,479. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE GIBSON FOUNDATION IS TO HELP MAKE THE WORLD A BETTER PLACE FOR CHILDREN BY CREATING, DEVELOPING AND SUPPORTING PROGRAMS AND OTHER NON-PROFIT ORGANIZATIONS IN THEIR EFFORTS TO ADVANCE EDUCATION, MUSIC AND THE ARTS, ENVIRONMENT, AND HEALTH & WELFARE CAUSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE DONATIONS OF CASH AND MUSIC PRODUCTS TO OTHER ORGANIZATIONS DESCRIBED IN SEC. 501(C)(3) OF THE INTERNAL REVENUE CODE FOR THE PURPOSE OF SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE, AND ENVIRONMENTAL ISSUES.
GUITARTOWN: GUITARTOWN IS A PUBLIC ARTS PROJECT THAT FEATURES 10-FOOT TALL GUITAR SCULPTURES THAT ARE DESIGNED BY VISUAL ARTISTS, SPONSORED BY LOCAL BUSINESSES AND PARTNERED WITH A CELEBRITY. AFTER THE SCULPTURES HAVE BEEN ON DISPLAY FOR A PREDETERMINED TIME, THE ART WORKS ARE AUCTIONED OFF TO RAISE MONEY FOR CHARITY.
TO PROVIDE DONATIONS OF CASH AND MUSIC PRODUCTS TO OTHER ORGANIZATIONS DESCRIBED IN SEC. 501(C)(3) OF THE INTERNAL REVENUE CODE FOR THE PURPOSE OF SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE, AND ENVIRONMENTAL ISSUES.
GUITARTOWN: GUITARTOWN IS A PUBLIC ARTS PROJECT THAT FEATURES 10-FOOT TALL GUITAR SCULPTURES THAT ARE DESIGNED BY VISUAL ARTISTS, SPONSORED BY LOCAL BUSINESSES AND PARTNERED WITH A CELEBRITY. AFTER THE SCULPTURES HAVE BEEN ON DISPLAY FOR A PREDETERMINED TIME, THE ART WORKS ARE AUCTIONED OFF TO RAISE MONEY FOR CHARITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Curleigh President & CEO | OfficerTrustee | 1 | $0 |
Denby Jarrett Executive Director | OfficerTrustee | 1 | $0 |
Mark Taylor Secretary | OfficerTrustee | 1 | $0 |
Cesar Gueikian Chief Merchant Officer | Trustee | 1 | $0 |
Elizabeth Heidt Vice President Of Entertainment Relations | Trustee | 1 | $0 |
Nat Zilkha Chairman Of The Board | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $2,050,762 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $142,939 |
| Noncash contributions included in lines 1a–1f | $933,365 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,193,701 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,193,701 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,161,177 |
| Grants and other assistance to domestic individuals. | $69,885 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,932 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,282,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,089,402 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,089,402 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $1,089,402 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,089,402 |
Grants Awarded
Over the last fiscal year, Gibson Gives has awarded $967,568 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
Santa Monica, CA PURPOSE: SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES | $143,000 |
Santa Monica, CA PURPOSE: SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES | $143,000 |
Pittsburgh, PA PURPOSE: SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES | $55,000 |
Pittsburgh, PA PURPOSE: SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES | $55,000 |
Nashville, TN PURPOSE: SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES | $47,179 |
Wauwatosa, WI PURPOSE: SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES | $34,100 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gibson Gives has recieved totaling $52,377.
| Awarding Organization | Amount |
|---|---|
Gibson Gives Nashville, TN PURPOSE: SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES | $47,179 |
Gibson Gives Nashville, TN PURPOSE: SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES | $5,198 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Durham Realty Inc Durham, NC | $66,578,409 | $21,835,955 |
Healthcare Georgia Foundation Inc Atlanta, GA | $145,422,542 | $18,331,596 |
Kanuga Endowment Inc Hendersonville, NC | $0 | $539,404 |
United Jewish Charities Of Greater Charlotte Inc Charlotte, NC | $8,151,447 | $4,750,352 |
Rally Foundation Inc Atlanta, GA | $9,445,133 | $7,328,050 |
Jefferson City Parks And Recreation Foundation Jefferson City, MO | $842,423 | $291,038 |
University Of Arkansas Technology Development Foundation Fayetteville, AR | $18,380,736 | $2,093,754 |
Dismas Charities Properties Inc Louisville, KY | $71,077,691 | $7,449,643 |
Adira Foundation Richmond, VA | $46,085 | $190,912 |
American Institute Of Certified Public Accountants Foundation Durham, NC | $13,346,405 | $1,363,179 |
Holle Family Foundation Birmingham, AL | $55,700,431 | $5,149,826 |
The Beirne Carter Foundation Richmond, VA | $25,189,504 | $3,003,577 |