Nonprofit · EIN 62-1731495
FRIST ART MUSEUM FOUNDATION
Tax-exempt · NASHVILLE, TN 37203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,851,851 | $3,243,536 | $608,315 | $73,137,463 | $4,597,995 | $68,539,468 |
| December 31, 2023 | 990 | $1,402,117 | $2,672,268 | -$1,270,151 | $68,031,155 | $3,865,671 | $64,165,484 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $3,828,799
- Net gain from sales of assets
- $2,212,592
- Other revenue
- $23,052
Expenses
- Grants and similar amounts paid
- $2,650,959
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $22,085
- Program services (functional)
- $2,650,959
- Management and general (functional)
- $592,577
Balance sheet and other
- Total assets, start of year
- $68,031,155
- Total assets, end of year
- $73,137,463
- Total liabilities, end of year
- $4,597,995
- Net assets, end of year
- $68,539,468
- Publicly traded securities
- $42,198,477
- Net assets without donor restrictions
- $68,539,468
- Gross receipts
- $10,742,414
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1998
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| SETH FEMAN | CEO Officer | 1 | $0 | $338,278 | $23,307 |
| CAROL L VOLLBRECHT | TREASURER Officer | 1 | $0 | $149,503 | $14,957 |
| WILLIAM R FRIST | CHAIRMAN & PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| LAURA CHADWICK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KARYN MCLAUGHLIN FRIST | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRANK M GARRISON JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BOB GORDON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMAAL B SHEATS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOE N STEAKLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOHN SMITHWICK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JACK F STRINGHAM II | SECRETARY Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CAROL L VOLLBRECHT | TREASURER Officer | 1 | $0 | $138,759 | $14,311 |
| WILLIAM R FRIST | CHAIRMAN & PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JACK F STRINGHAM II | SECRETARY Officer | 1 | $0 | $0 | $0 |
| H LEE BARFIELD II | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| LAURA CHADWICK | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| KARYN MCLAUGHLIN FRIST | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| FRANK M GARRISON JR | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| BOB GORDON | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JAMAAL B SHEATS | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
| JOE N STEAKLEY | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 919 BROADWAY, NASHVILLE, TN 37203-3822
- In care of
- % WYATT TARRANT & COMBS
- Principal officer (990 for 2024)
- CAROL L VOLLBRECHT, 919 BROADWAY, NASHVILLE, TN 37203
- Signed the 990
- CAROL L VOLLBRECHT, TREASURER
- Phone
- (615) 244-3340
- Return prepared by
- BAKER TILLY ADVISORY GROUP LP
Mission
SUPPORTING ORGANIZATION TO FRIST ART MUSEUM (EIN: 62-1731492)
Program accomplishments
- PROVIDED GRANTS TO FRIST ART MUSEUM (EIN: 62-1731492) TO SUPPORT ITS EFFORTS IN OPERATING A HIGH QUALITY ART MUSEUM IN NASHVILLE, TENNESSEE.Expenses $2,650,959 · grants $2,650,959
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 62-1731495
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1998
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A114)
- Assets (IRS master file)
- $73,137,463
- Income (IRS master file)
- $10,742,414
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,851,851 | $3,243,536 | $73,137,463 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,402,117 | $2,672,268 | $68,031,155 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $1,420,729 | $2,368,257 | $62,764,334 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 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 62-1731495).
Questions about FRIST ART MUSEUM FOUNDATION
- What is the EIN of FRIST ART MUSEUM FOUNDATION?
- The employer identification number (EIN) of FRIST ART MUSEUM FOUNDATION is 62-1731495.
- Is FRIST ART MUSEUM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to FRIST ART MUSEUM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does FRIST ART MUSEUM 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 FRIST ART MUSEUM FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRIST ART MUSEUM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FRIST ART MUSEUM FOUNDATION?
- The 990 for the year ended December 31, 2024 names CAROL L VOLLBRECHT.
- Who are the officers and directors of FRIST ART MUSEUM FOUNDATION?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does FRIST ART MUSEUM FOUNDATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,851,851, expenses of $3,243,536 and total assets of $73,137,463 at year end.
Other nonprofits in NASHVILLE
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- 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
- MUSIC CITY INC EIN 34-2064764 · last filed 990 for 2025
- THE NATIONAL MUSEUM OF AFRICAN AMERICAN MUSIC EIN 62-1867910 · last filed 990 for 2025
All nonprofits in NASHVILLE · Tennessee · Arts, culture and humanities