Nashville Public Media Inc
- Assets
- $378.3k
- Revenue
- $546.5k
- Investments
- $0.0
- Employees
- 5
- Location
- Nashville, TN
- Founding
- Data as of
- 12/2023
- EIN
- 83-1703750
Organization Overview
Nashville Public Media Inc is located in Nashville, TN. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Nashville Public Media Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Nashville Public Media Inc 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, Nashville Public Media Inc generated $546.5k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 30.3% each year . All expenses for the organization totaled $302.4k during the year ending 12/2023. While expenses have increased by 26.8% per year over the past 3 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
PROVIDING NON-PARTISAN JOURNALISM FROM AN INDEPENDENT, NONPROFIT NEWSROOM FOR TN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BANNER FIRST LOOK PROGRAM PROVIDED STORIES ON AN IRREGULAR BASIS (2-3 TIMES PER MONTH). BECAUSE OF THIS, NON-FINANCIAL PARTNERSHIP AGREEMENTS WERE MADE WITH BOTH THE NASHVILLE SCENE AND NEWSCHANNEL 5 TO DISTRIBUTE NASHVILLE BANNER CONTENT TO A BROAD AUDIENCE. THE BANNER REVAMPED ITS WEBSITE AND LAUNCHED DAILY COVERAGE DURING THE 2023 LOCAL ELECTIONS PROVIDING IN-DEPTH INTERVIEWS WITH CANDIDATES, STORIES ABOUT ADVERTISING, CAMPAIGN FINANCE AND ISSUES IN DISTRICT AND AT-LARGE COUNCIL RACES AND COMPREHENSIVE COVERAGE OF THE MAYOR'S RACE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Cavendish Director/ President And Ed | Officer | 40 | $60,000 |
Michael Whitley Board Chair | OfficerTrustee | 1 | $0 |
Bruce Dobie Secretary | OfficerTrustee | 1 | $0 |
Tene Franklin Director | Trustee | 1 | $0 |
Beth Fortune Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $544,873 |
| Noncash contributions included in lines 1a–1f | $22,483 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $544,873 |
| Total Program Service Revenue | $0 |
| Investment income | $198 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,475 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $546,546 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $60,000 |
| Compensation of current officers, directors, key employees. | $6,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $136,117 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,520 |
| Payroll taxes | $15,697 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $41,819 |
| Advertising and promotion | $2,022 |
| Office expenses | $4,852 |
| Information technology | $15,785 |
| Royalties | $0 |
| Occupancy | $997 |
| Travel | $114 |
| 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 | $1,192 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $302,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $349,909 |
| Savings and temporary cash investments | $21,871 |
| 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 | $1,526 |
| Net Land, buildings, and equipment | $4,965 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $378,271 |
| Accounts payable and accrued expenses | $889 |
| 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 | $889 |
| Net assets without donor restrictions | $352,382 |
| Net assets with donor restrictions | $25,000 |
| 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 | $378,271 |