Nashville Songwriters Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 621190485 ✦ Nashville, TN ✦ Designated as a 501(c)(3)

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Overview

What is Nashville Songwriters Foundation?

The Nashville Songwriters Foundation is a small, nonprofit organization situated in Nashville, Tennessee. With a single employee, its primary purpose is to educate, honor, and promote individuals involved in the songwriting profession, particularly those who are integral to the Nashville songwriting community. The foundation focuses on archiving and celebrating the unique songwriting that has become synonymous with this vibrant community.


Official website here: www.nashvillesongwritersfoundation.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 76% (Three-Star out of Four Star rating)

The Nashville Songwriters Foundation has earned a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization’s score is entirely attributed to its strong performance in accountability and finance metrics, highlighting its commitment to transparency and responsible management of resources.

Key strengths of the foundation include a fully independent board with 16 members, excellent management of assets with no material diversion, and a high program expense ratio of 73.04%. These factors suggest a robust governance structure and a focus on delivering impact through its programs. The foundation's accountability is further reinforced by its documentation practices, such as publishing board meeting minutes and keeping its website updated.

While the organization demonstrates strong financial practices and transparency, the overall rating indicates there may be areas for improvement in relation to program effectiveness or broader operational performance. However, the high rating reflects well on its financial stewardship and organizational integrity.


This AI summary has been generated from information found on Charity Navigator.

Is Nashville Songwriters Foundation legitimate?

Nashville Songwriters Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nashville Songwriters Foundation 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: $98,050
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.nashvillesongwritersfoundation.com

What is the mission statement of Nashville Songwriters Foundation?

The Nashville Songwriters Foundation's mission is centered around three key aspects: education, archiving, and celebration. Their primary goal is to promote and celebrate songwriting that is uniquely associated with the Nashville songwriting community. In addition to this, they aim to educate individuals about the songwriting profession and preserve the rich history of songwriting through archiving. The foundation also honors those who are engaged in the songwriting profession, promoting their work and contributions to the industry.


Official website here: www.nashvillesongwritersfoundation.com

What is the revenue of Nashville Songwriters Foundation?

Nashville Songwriters Foundation's revenue in 2024 was $491,316.


Official website here: www.nashvillesongwritersfoundation.com

Who are the executives of Nashville Songwriters Foundation and what are their salaries?

The average compensation at Nashville Songwriters Foundation during 2024 was $98,050. There is 1 employee at Nashville Songwriters Foundation.

Here are 16 key members and their salaries:


Pat Alger (Member Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayland Holyfield (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Vaden (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Van Mol (Member Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert K Oermann (Historian)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Paulson (Member Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Hallworth (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dickey Lee (Member Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sarah Cates (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Ford (Executive Director)
  • Compensation: $98,050
  • Related: $0
  • Other: $0
John Stein (Member Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen Peters (Member Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Shrum (Legal Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Mcdaniel (Member Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Vaughn (Member Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Nicholson (Member Of Board)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nashvillesongwritersfoundation.com

Where can I find the form 990 for Nashville Songwriters Foundation?

Nashville Songwriters Foundation's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.nashvillesongwritersfoundation.com

Learn more at the official website: www.nashvillesongwritersfoundation.com

Mission Statement of Nashville Songwriters Foundation

The Nashville Songwriters Foundation is dedicated to three primary objectives: education, archiving, and celebrating songwriting that is uniquely associated with the Nashville songwriting community. This esteemed organization's mission is to enlighten individuals about the art and craft of songwriting, preserve an invaluable collection of songwriting-related artifacts, and honor those who have made significant contributions to the songwriting profession. By fulfilling these objectives, the Nashville Songwriters Foundation fosters a deeper appreciation for the rich musical heritage of Nashville and the talented individuals who have shaped it.

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Impact




July, 2024

The Nashville Songwriters Foundation has had a significant impact on the music industry by educating, honoring, and promoting those engaged in the songwriting profession. Through its mission to archive and celebrate songwriting unique to the Nashville songwriting community, the foundation plays a crucial role in preserving the heritage and artistry of songwriters in Music City. Its activities contribute to the cultural richness of Nashville and the recognition of songwriters as essential contributors to the music industry.




This information is meant to be a general summary of Nashville Songwriters Foundation. 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.

Revenue
$491,316 (2024)
Expenses
$442,491 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $9,702
  • Program Service Revenue: $431,473
  • Gross Receipts: $601,417

Assets and Liabilities:

  • Total Assets: $1,348,402
  • Total Liabilities: $0
  • Net Assets: $1,348,402

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Organization Details

Founding Year

1984

Principal Officer

Mike Vaden

NTEE Category

Code: A03 - Arts

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