Overview
What is Arts And Business Council Of Greater Nashville Inc?
The Arts and Business Council of Greater Nashville Inc. is a nonprofit organization situated in Nashville, Tennessee, specifically at 1900 Belmont Blvd, ZIP code 37212. Their primary mission is to foster collaboration between the arts and business sectors, contributing to the creativity, vitality, and prosperity of Greater Nashville and its surrounding regions. They achieve this by providing direct services, valuable opportunities, and education to the creative community, helping them master the business aspects of art. The council also cultivates mutually beneficial partnerships between arts and business, promoting dynamic leadership in Nashville's arts community through community training. Additionally, they inspire workplace creativity in businesses, demonstrating the impact of the arts through tangible benefits and nurturing lifelong participants and supporters. Furthermore, the council offers fiscal sponsorship to incubate arts projects and emerging arts organizations, allowing them to receive tax-deductible donations and providing the administrative structure they need to scale sustainably.
Official website here: www.abcnashville.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)
The Arts and Business Council of Greater Nashville Inc has achieved a notable Four-Star rating from Charity Navigator, indicating strong performance in its accountability and financial management. The organization's score is entirely based on its accountability and finance metrics, reflecting a robust commitment to transparency and responsible stewardship of its resources.
One of the key strengths highlighted is the composition of its board, which is entirely independent, ensuring unbiased governance. Additionally, the financial statements and oversight committee have received full points, emphasizing the effectiveness of their audit processes. The organization also maintains a low liabilities-to-assets ratio and high program expense ratio, demonstrating that a significant portion of its funding is directed towards its programs.
While the organization exhibits strong financial health and governance practices, no significant limitations or issues were noted in the data. Overall, the Arts and Business Council of Greater Nashville Inc stands out as a well-managed nonprofit that prioritizes its mission and accountability to its supporters.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Arts And Business Council Of Greater Nashville Inc?
100% of reviewers on Facebook recommend the Arts And Business Council Of Greater Nashville Inc. Here is a summary of their reviews:
The feedback highlights the significant impact the nonprofit has on artists, particularly those with unique challenges. One reviewer specifically praised the council's support in various areas, including trademark assistance, contract navigation, and small business start-up consultations. This kind of tailored support appears to be highly valued by the community they serve.
Overall, the sentiment expressed in the reviews indicates strong satisfaction with the organization's commitment to empowering artists and ensuring they have the resources needed to succeed. Many feel that the council plays a crucial role in strengthening the local arts community.
This AI summary has been generated from reviews found on Facebook.
Is Arts And Business Council Of Greater Nashville Inc legitimate?
Arts And Business Council Of Greater Nashville Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Arts And Business Council Of Greater Nashville Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $1,123
Other Salaries and Wages: $247,032
For more financial information, click here
Official website here: www.abcnashville.org
What is the mission statement of Arts And Business Council Of Greater Nashville Inc?
The Arts and Business Council of Greater Nashville Inc. supports and promotes the arts by fostering collaboration between the arts and business sectors. This collaboration contributes to the creativity, vitality, and prosperity of the community. The council provides direct services, opportunities, and education to the creative community, helping them navigate the business aspect of art. It also creates mutually beneficial partnerships between arts and business, promoting dynamic leadership in the local arts community. Furthermore, the council encourages workplace creativity in business, demonstrating the impact of the arts through tangible benefits. Lastly, the council offers fiscal sponsorship, incubating arts projects and emerging arts organizations, providing them with the necessary administrative structure and support to scale sustainably.
Official website here: www.abcnashville.org
Who is the CEO of Arts And Business Council Of Greater Nashville Inc?
Thor Urness is the Chair of Arts And Business Council Of Greater Nashville Inc.
Official website here: www.abcnashville.org
What is the revenue of Arts And Business Council Of Greater Nashville Inc?
Arts And Business Council Of Greater Nashville Inc's revenue in 2023 was $543,517.
Official website here: www.abcnashville.org
Who are the executives of Arts And Business Council Of Greater Nashville Inc and what are their salaries?
There 50 volunteers at Arts And Business Council Of Greater Nashville Inc.
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Official website here: www.abcnashville.org
Where can I find the form 990 for Arts And Business Council Of Greater Nashville Inc?
Arts And Business Council Of Greater Nashville Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.abcnashville.org
Learn more at the official website: www.abcnashville.org
Mission Statement of Arts And Business Council Of Greater Nashville Inc
The Arts and Business Council of Greater Nashville Inc is committed to driving collaboration between the arts and business sectors, contributing to the creativity, vitality, and prosperity of the greater Nashville region. Their mission is to support and promote the arts by fostering mutually beneficial partnerships between these two sectors. By doing so, they aim to nurture dynamic leadership in the Nashville arts community and provide education and opportunities to the creative community, helping them master the business aspects of art. The Arts and Business Council of Greater Nashville Inc also engages businesses with the arts, inspiring workplace creativity and demonstrating the impact of the arts through tangible benefits. Additionally, they offer fiscal sponsorship, incubating arts projects and emerging arts organizations, allowing them to receive tax-deductible donations as they grow and providing the administrative structure and support they need to scale sustainably.
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Impact
July, 2024
The Arts And Business Council Of Greater Nashville Inc drives collaboration between arts and business to promote creativity, vitality, and prosperity in Greater Nashville. By providing direct services, opportunities, and education to the creative community, they help artists navigate the business side of their craft. Additionally, through creating mutually beneficial partnerships between arts and business, the council fosters dynamic leadership in the Nashville arts community. They also inspire workplace creativity in businesses to showcase the tangible benefits of the arts and cultivate lifelong supporters. Through fiscal sponsorship, the council incubates arts projects and emerging organizations, providing them with the administrative support needed for sustainable growth.
This information is meant to be a general summary of Arts And Business Council Of Greater Nashville Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,770
- Program Service Revenue: $22,069
- Gross Receipts: $543,517
Assets and Liabilities:
- Total Assets: $550,293
- Total Liabilities: $85,018
- Net Assets: $465,275
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$22,069
Organization Details
Founding Year
2005
Principal Officer
Thor Urness
Main Address
1900 BELMONT BLVD, NASHVILLE, TN, 37212
Website
www.abcnashville.orgNTEE Category
Code: I80 - Crime
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