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Arts, Culture & Humanities · 2023 Form 990

Nashville Symphony Association: $22.0M Revenue, $22.7M Program Expenses

Nashville, Tennessee · EIN 620550979 · Filing year 2023

Nashville Symphony Association reported $22.0M in total revenue, $29.1M in total expenses, and $89.2M in total assets on its 2023 IRS Form 990. 78.0% of expenses ($22.7M) went directly to programs. Top officer compensation is not reported on this 990 filing. Overall efficiency grade: C (61/100).

Source: ProPublica Nonprofit Explorer — IRS Form 990 filings, filing year 2023.

C
Efficiency Score
61/100

Key Facts (2023 Form 990)

Total Revenue
$22.0M
Total Expenses
$29.1M
Program Expenses
$22.7M
Program Expense Ratio
78.0%
Total Assets
$89.2M
Reserve Months
36.7 months
EIN
620550979
Latest 990 Year
2023
Top Officer Compensation
Not reported

The composite efficiency score of 61/100 puts Nashville Symphony Association at C — neither standout nor failing. Some factors run above the median (typically program spending) while others run below (typically reserves or trend stability).

Nashville Symphony Association reported $22.0M in 2023 revenue — a mid-sized nonprofit by U.S. standards. Organizations in this bracket typically operate with a small permanent staff, project-based program structures, and modest reserves. Program-spending efficiency is strong: 80% of total expenses flow to program activities, above the 75% benchmark most third-party charity raters use.

Five-year revenue trend is mildly negative: a modest decline that could reflect grant-cycle timing, donor turnover, or program wind-down. Worth checking against the program-spending pattern to see whether the decline is structural. CEO compensation is reported as zero in the filing — typical for nonprofits where the chief executive is paid through a related entity (parent system, university, or foundation) rather than the filing organization itself, or for small organizations whose chief is a volunteer or board member. Nashville Symphony Association sits in the cultural-nonprofit sector (Arts, Culture & Humanities). Museum, performing-arts, and cultural organizations carry distinctive financial patterns — earned revenue from ticket sales and admissions, plus a heavy reliance on endowment income and major donor cycles.


$22.0M
Revenue
$29.1M
Expenses
$89.2M
Total Assets
78.0%
Program Spending

How Nashville Symphony Association Compares

Nashville Symphony Association directs 78.0% of spending to programs, meeting the 65% minimum recommended by charity watchdogs. Its efficiency score of 61/100 is 8 points below the Arts, Culture & Humanities category average. The organization holds 36.7 months of operating reserves, indicating strong financial stability.

Financials

Where Your Donation Goes

$22.7M
Program Spending
78.0% of expenses
Not reported
CEO Compensation
36.7 mo
Reserve Months
of expenses in assets

Based on IRS tax-exempt organization data, for every dollar donated to Nashville Symphony Association, approximately 78.0 cents goes directly to program activities. The remaining funds cover administrative costs, fundraising, and management expenses.

Trend

Revenue History


Nashville Symphony Association has an Efficiency Score of C (61/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

Nashville Symphony Association, Donor FAQ

Nashville Symphony Association has an Efficiency Score of C (61/100). Approximately 78.0% of expenses go directly to program activities, with the remainder covering administration and fundraising.

CEO/officer compensation for Nashville Symphony Association is not reported in the most recent IRS 990 filing on file.

Nashville Symphony Association reported $22.0M in annual revenue and $29.1M in total expenses for filing year 2023. The organization holds $89.2M in total assets.

For every dollar donated to Nashville Symphony Association, approximately 78.0 cents goes to program activities. The organization has 36.7 months of operating reserves, providing financial stability to sustain its mission.

Nashville Symphony Association is a registered 501(c) organization with EIN 620550979, based in Nashville, Tennessee. Financial data is sourced from publicly available IRS 990 filings via ProPublica Nonprofit Explorer.

Sources: IRS 990 Filings, ProPublica Nonprofit Explorer
Last updated:

Financial data is sourced from IRS 990 filings via ProPublica Nonprofit Explorer. Efficiency Scores combine program spending ratio (50%), revenue growth (20%), reserve months (20%), and CEO compensation ratio (10%). Filing data may lag 6-18 months from the tax year.