S O L I D
- Assets
- $149.5k
- Revenue
- $145.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Nashville, TN
- Founding
- 02/2000
- Data as of
- 12/2023
- EIN
- 62-1727949
Organization Overview
S O L I D is located in Nashville, TN. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, 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. S O L I D 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 12/2023, S O L I D generated $145.7k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $84.0k during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 9 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
IMPROVING THE FUTURE OF THE MUSIC INDUSTRY BY STREGTHENING PROFESSIONAL RELATIONSHIPS AND EDUCATING FUTURE EXECUTIVES WHILE SERVING THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL PANELS & SEMINARS - WELL KNOWN ESTABLISHED INDIVIDUALS FROM THE MUSIC INDUSTRY PROVIDE COMMENTARY AND INSIGHT INTO THE INDUSTRY, ITS TRENDS, AND ITS FUTURE. THESE EVENTS RANGE FROM LARGE THEATER SIZE PANELS WITH 250 PEOPLE IN ATTENDANCE, TO SMALLER INTIMATE "COFFEE BREAKS"MASTER CLASS" WHERE RSVP ATTENDANCE IS REQUIRED AND LIMITED TO 10-25 PEOPLE. OUR CAPSTONE EVENT IS OUR TEAM BEHIND THE ARTIST PANEL WHICH BRINGS TOGETHER THE CORE TEAM OF A MAJOR ARTIST WHO SIT ON A PANEL AND EDUCATE ATTENDEES ON THE PATH OF AN ARTIST AND WHAT EACH PERSON OF THE TEAM IS RESPONSIBLE FOR AND MORE.
PHILANTHROPIC EVENTS - ANNUAL BACKSTAGE AUCTION HELD DURING THE CMA MUSIC FESTIVAL HELPS RAISE AWARENESS AND MONEY FOR THE CMA FOUNDATION. SOLID'S ANNUAL MUSIC ROW MADNESS TOP GOLF EVENT WHERE WE RAISE MONEY FOR BIG BROTHERS/BIG SISTERS OF MIDDLE TENNESSEE. ANNUAL TURKEY BOWL WHERE WE COLLECT CANNED GOODS FOR SECOND HARVEST FOOD BANK AND RAISE MONEY FOR THE ON SITE FOUNDATION. SOLID SERVES IS OUR ANNUAL VOLUNTEER DAY WHERE ALL MEMBERSHIP GATHERS AND VOLUNTEERS THEIR TIME AS A GROUP AT VARIOUS NON-PROFITS AROUND TOWN (EX: SECOND HARVEST FOOD BANK, HABITAT FOR HUMANITY, COUNTRY MUSIC HALL OF FAME, ETC).
COMMUNITY OUTREACH - THE COMMUNITY OUTREACH ARM OF SOLID AIMS TO GIVE BACK TO THE GREATER NASHVILLE COMMUNITY BY PROVIDING TIME AND SERVICE TO VARIOUS ORGANIZATIONS AND INITIATIVES THROUGHOUT THE TOWN. ADDITIONALLY, SOLID PARTNERS WITH VARIOUS NASHVILLE BASED 501(C)(3)'S ON A YEAR-TO-YEAR BASIS AND SUPPLIES THEM WITH THE NET PROCEEDS OF FLAGSHIP EVENTS LIKE TURKEY BOWL AND MUSIC ROW MADNESS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rio Van Risseghem President | Officer | 10 | $0 |
Zach Green Vice President | Officer | 10 | $0 |
Lizzy Stone Treasurer | Officer | 10 | $0 |
Melissa Flaxman Secretary | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $11,199 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,699 |
| Total Program Service Revenue | $0 |
| Investment income | $663 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $126,335 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $145,697 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $44,150 |
| Grants and other assistance to domestic individuals. | $8,050 |
| 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 | $1,622 |
| Fees for services: Accounting | $3,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,849 |
| Office expenses | $2,279 |
| 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 | $1,101 |
| All other expenses | $8,094 |
| Total functional expenses | $83,959 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,850 |
| Savings and temporary cash investments | $134,610 |
| 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 | $149,460 |
| 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 | $0 |
| 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 | $149,460 |
| Total liabilities and net assets/fund balances | $149,460 |