Nonprofit · EIN 34-2064764
MUSIC CITY INC
Tax-exempt · NASHVILLE, TN 37203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $11,095,223 | $11,046,265 | $48,958 | $2,455,745 | $1,887,462 | $568,283 |
| June 30, 2024 | 990 | $11,312,683 | $11,276,158 | $36,525 | $2,331,034 | $1,811,709 | $519,325 |
| June 30, 2023 | 990 | $9,378,368 | $9,365,323 | $13,045 | $1,916,814 | $1,434,014 | $482,800 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $10,832,293
- of which government grants
- $9,810,412
- Program service revenue
- $237,118
- Investment income
- $25,812
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $37,944
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $10,324
- Travel
- $196
- Depreciation
- $24,025
- Program services (functional)
- $10,921,541
- Management and general (functional)
- $52,563
- Fundraising (functional)
- $72,161
Balance sheet and other
- Total assets, start of year
- $2,331,034
- Total assets, end of year
- $2,455,745
- Total liabilities, end of year
- $1,887,462
- Net assets, end of year
- $568,283
- Land, buildings and equipment
- $9,411
- Net assets without donor restrictions
- $568,283
- Gross receipts
- $11,095,223
- Employees
- 0
- Volunteers
- 20
- Year formed
- 2006
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Deana Ivey | Board Member/CEO Trustee or director, Officer | 8 | $0 | $776,436 | $43,325 |
| Jeff Mefford | Board Member/CFO Trustee or director, Officer | 8 | $0 | $347,100 | $43,070 |
| Mary Arnold | Board Member Trustee or director | 8 | $0 | $254,417 | $40,910 |
| Bonna Johnson | Board Member Trustee or director | 1 | $0 | $185,603 | $33,139 |
| Doug Kreulen | Board Member/Chair Trustee or director | 4 | $0 | $0 | $0 |
| Laura Hollingsworth | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Hugh Anderson | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Mignon Francois | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Seamus Ross | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Shawn McSpadden | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Ben Olin | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Courtney Ross | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Ellen Pryor | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Amy Seigenthaler Pierce | Board Member Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Deana Ivey | Board Member/CEO Trustee or director, Officer | 8 | $0 | $589,062 | $42,600 |
| Jeff Mefford | Board Member/CFO Trustee or director, Officer | 8 | $0 | $302,713 | $37,856 |
| Mary Arnold | Board Member Trustee or director | 8 | $0 | $243,475 | $36,988 |
| Doug Kreulen | Board Member/Chair Trustee or director | 4 | $0 | $0 | $0 |
| Laura Hollingsworth | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Jeff Pennington | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Hugh Anderson | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Greg Hill | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Mignon Francois | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Seamus Ross | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Sally Williams | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Fabrizio Calvo | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Dr Turner Nashe | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Alberto Gonzales | Board Member Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 15 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Christopher Spyridon | Board Member/CEO Trustee or director, Officer | 8 | $0 | $1,095,523 | $285,016 |
| Deana Ivey | Board Member/President Trustee or director, Officer | 8 | $0 | $448,793 | $39,660 |
| Jeff Mefford | Board Member/CFO Trustee or director, Officer | 8 | $0 | $272,694 | $35,853 |
| Mary Arnold | Board Member Trustee or director | 8 | $0 | $203,046 | $37,366 |
| Doug Kreulen | Board Member/Chair Trustee or director | 4 | $0 | $0 | $0 |
| Laura Hollingsworth | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Jeff Pennington | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Hugh Anderson | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Greg Hill | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Mignon Francois | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Seamus Ross | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Sally Williams | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Fabrizio Calvo | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Dr Turner Nashe | Board Member Trustee or director | 1 | $0 | $0 | $0 |
| Molly Shehan | Board Member Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 500 11TH AVE N STE 650, NASHVILLE, TN 37203-6289
- In care of
- % CHRISTOPHER SPYRIDON
- Principal officer (990 for 2024)
- Deana Ivey, 500 11th Ave N Ste 650, Nashville, TN 37203
- Signed the 990
- Jeff Mefford, CFO
- Phone
- (615) 259-4708
Mission
Enhance the music environment of Nashville and lessen the burden on government by producing music related events and other related services for the general public, and providing event related supplies and services to the Metro Government of Nashville.
Program accomplishments
- Produced the annual public New Year's Eve event - Nashville's Big Bash, providing free live music and fireworks for the general public to bring the city together and celebrate the transition into the new year.Expenses $6,491,639 · revenue $196,093
- Produced the annual free public July 4th concert and fireworks display on behalf of the city of Nashville at Riverfront Park in downtown Nashville.Expenses $3,905,677 · grants $3,500 · revenue $40,635
- On behalf of the Metropolitan Government of Nashville, produced multiple live music entertainment events that were free and open to the public to bring together the citizens of the city to celebrate the South Eastern Conference men's basketball tournament that was being held in Nashville.Expenses $284,372 · revenue $240
- Provided physical site maintenance and new induction ceremonies for the Music City Walk of Fame, which memorializes and celebrates individuals and groups that have made a significant impact on the music industry and culture of the city.Expenses $202,757 · revenue $150
- Provided communications services and other event production assistance to the Metropolitan Government of Nashville.Expenses $2,652
- Provided funding support to restore and maintain the historic building currently housing the Pride of TN Elks Lodge. The building was the former home to Club Baron, a prominent music venue during the mid-20th century where many future minority musical superstars performed early in their careers along the famous "Chitlin Circuit."Expenses $21,444 · grants $21,444
- In partnership with the Nashville Convention & Visitors Corp.'s Dine Nashville program, the organization provided grant funding to two local charities whose focus is on providing support to employees in the hospitality industry who are undergoing financial hardship. The employees form the backbone of the 2nd largest industry in Nashville.Expenses $13,000 · grants $13,000
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 34-2064764
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2006
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A20)
- Assets (IRS master file)
- $2,455,745
- Income (IRS master file)
- $11,095,223
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $11,095,223 | $11,046,265 | $2,455,745 | XML |
| 990 | June 2024 | $11,312,683 | $11,276,158 | $2,331,034 | XML |
| 990 | June 2023 | $9,378,368 | $9,365,323 | $1,916,814 | XML |
| 990 | June 2022 | $7,930,504 | $7,819,041 | $1,837,848 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 34-2064764).
Questions about MUSIC CITY INC
- What is the EIN of MUSIC CITY INC?
- The employer identification number (EIN) of MUSIC CITY INC is 34-2064764.
- Is MUSIC CITY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2006.
- Are donations to MUSIC CITY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MUSIC CITY INC 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 MUSIC CITY INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MUSIC CITY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MUSIC CITY INC?
- The 990 for the year ended June 30, 2025 names Deana Ivey.
- Who are the officers and directors of MUSIC CITY INC?
- The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
- How much revenue does MUSIC CITY INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $11,095,223, expenses of $11,046,265 and total assets of $2,455,745 at year end.
Other nonprofits in NASHVILLE
- COUNTRY MUSIC ASSOCIATION INC EIN 62-0606066 · last filed 990 for 2025
- COUNTRY MUSIC FOUNDATION INC EIN 62-0753887 · last filed 990 for 2024
- TENNESSEE PERFORMING ARTS CENTER MANAGEMENT CORPORATION EIN 58-1320590 · last filed 990 for 2025
- CHEEKWOOD BOTANICAL GARDEN AND MUSEUM OF ART EIN 62-0627921 · last filed 990 for 2025
- NASHVILLE SYMPHONY ASSOCIATION EIN 62-0550979 · last filed 990 for 2025
- FRIST ART MUSEUM EIN 62-1731492 · last filed 990 for 2024
- THE NATIONAL MUSEUM OF AFRICAN AMERICAN MUSIC EIN 62-1867910 · last filed 990 for 2025
- NASHVILLE PUBLIC RADIO EIN 62-1631652 · last filed 990 for 2025
All nonprofits in NASHVILLE · Tennessee · Arts, culture and humanities