Nonprofit · EIN 27-4842832
CMA FOUNDATION
Tax-exempt · NASHVILLE, TN 37203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990 | $5,378,796 | $3,184,961 | $2,193,835 | $15,823,122 | $172,881 | $15,650,241 |
| March 31, 2024 | 990 | $4,321,613 | $2,423,061 | $1,898,552 | $13,893,513 | $37,644 | $13,855,869 |
Financial details: 990 for the year ended March 31, 2025
Revenue
- Contributions, gifts and grants
- $4,910,712
- Program service revenue
- $0
- Investment income
- $1,211,942
- Net gain from sales of assets
- $642,541
- Net income from fundraising events
- -$743,858
- Other revenue
- -$743,858
Expenses
- Grants and similar amounts paid
- $2,239,983
- Other salaries and wages
- $273,438
- Salaries, compensation and benefits (total)
- $318,001
- Professional fundraising fees
- $0
- Legal fees
- $10,000
- Travel
- $47,709
- Program services (functional)
- $2,898,057
- Management and general (functional)
- $231,386
- Fundraising (functional)
- $55,518
Balance sheet and other
- Total assets, start of year
- $13,893,513
- Total assets, end of year
- $15,823,122
- Total liabilities, end of year
- $172,881
- Net assets, end of year
- $15,650,241
- Publicly traded securities
- $10,487,820
- Net assets without donor restrictions
- $11,163,925
- Net assets with donor restrictions
- $4,486,316
- Gross receipts
- $8,877,171
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2011
- State of legal domicile
- TN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SARAH TRAHERN | PRESIDENT Trustee or director, Officer | 5 | $0 | $837,834 | $95,709 |
| AMY SMARTT | SECRETARY/TREASURER Trustee or director, Officer | 5 | $0 | $232,507 | $34,620 |
| TIFFANY KERNS | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $0 | $230,162 | $31,117 |
| STEPHEN PARKER | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 | $0 |
| BRITTANY SCHAFFER | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 | $0 |
| DAVID HASKELL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| EILEEN VALOIS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JAY WILLIAMS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JENNIE SMYTHE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JESSE CANNON | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JOE GALANTE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JOSH VAN VALKENBURG | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| KAREN FAIRCHILD | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| KELLA FARRIS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MIKE DUNGAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
1 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TYNE PARRISH | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended March 31, 2024: 16 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SARAH TRAHERN | EX OFFICIO - PRESIDENT Officer | 5 | $0 | $846,134 | $93,424 |
| TIFFANY KERNS | EXECUTIVE DIRECTOR Officer | 40 | $0 | $229,261 | $30,397 |
| AMY SMARTT | EX OFFICIO - SECRETARY/TRE Officer | 5 | $0 | $226,478 | $29,976 |
| KELLA FARRIS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| ERIC JIMENEZ | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MIKE DUNGAN | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JENNIE SMYTHE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JOE GALANTE | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| MENDELL GRINTER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| JAY WILLIAMS | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| KAREN FAIRCHILD | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| BRITTANY SCHAFFER | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| DEBBIE CARROLL | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| VIRGINIA BUNETTA | DIRECTOR Trustee or director | 2 | $0 | $0 | $0 |
| TYNE PARRISH | CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 | $0 |
| STEPHEN PARKER | VICE CHAIRMAN Trustee or director, Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 35 MUSIC SQ E STE 201, NASHVILLE, TN 37203-4516
- Principal officer (990 for 2024)
- SARAH TRAHERN, 35 MUSIC SQUARE EAST 201, NASHVILLE, TN 37203
- Signed the 990
- SARAH TRAHERN, PRESIDENT
- Phone
- (615) 244-2840
- Website
- WWW.CMAFOUNDATION.ORG
- Return prepared by
- LBMC PC
Mission
GUIDED BY THE GENEROSITY OF THE COUNTRY MUSIC COMMUNITY, THE CMA FOUNDATION FOCUSES ON IMPROVING AND SUSTAINING MUSIC EDUCATION PROGRAMS EVERYWHERE WHILE SUPPORTING WORTHWHILE CAUSES IMPORTANT TO THE COUNTRY MUSIC ASSOCIATION.
Program accomplishments
- THE CMA FOUNDATION FOCUSES ON IMPROVING AND SUSTAINING MUSIC EDUCATION PROGRAMS EVERYWHERE WHILE SUPPORTING WORTHWHILE CAUSES IMPORTANT TO THE COUNTRY MUSIC ASSOCIATION.Expenses $2,898,057 · grants $2,239,983
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990 on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990 on file |
IRS record
- EIN
- 27-4842832
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type II
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2012
- Accounting year ends
- March
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T11)
- Assets (IRS master file)
- $15,823,122
- Income (IRS master file)
- $8,877,171
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | March 2025 | $5,378,796 | $3,184,961 | $15,823,122 | XML |
| 990 | March 2024 | $4,321,613 | $2,423,061 | $13,893,513 | XML |
| 990 | March 2023 | $4,441,791 | $1,507,192 | $11,027,480 | IRS |
| 990 | March 2022 | – | – | – | IRS |
| 990 | March 2021 | – | – | – | IRS |
| 990 | March 2020 | – | – | – | IRS |
| 990 | March 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-4842832).
Questions about CMA FOUNDATION
- What is the EIN of CMA FOUNDATION?
- The employer identification number (EIN) of CMA FOUNDATION is 27-4842832.
- Is CMA FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to CMA FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does CMA FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CMA FOUNDATION due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CMA FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended March 2025.
- Who is the principal officer of CMA FOUNDATION?
- The 990 for the year ended March 31, 2025 names SARAH TRAHERN.
- Who are the officers and directors of CMA FOUNDATION?
- The 990 for the year ended March 31, 2025 lists 16 people; 0 received compensation from the organization.
- How much revenue does CMA FOUNDATION have?
- On its 990 for the year ended March 31, 2025 it reported revenue of $5,378,796, expenses of $3,184,961 and total assets of $15,823,122 at year end.
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