Overview
What is Music City Bowl Inc?
Music City Bowl Inc is a nonprofit organization situated in Nashville, Tennessee, with an address at 414 Union Street Suite 1010. Their primary mission is to stage a post-season collegiate football game, aiming to enhance the city's economy, national image, and community pride. By showcasing Nashville as a prime destination, they strive to offer an exceptional entertainment experience for visitors, local fans, student-athletes, conference partners, sponsors, volunteers, and the community at large. Established in 1998, the Music City Bowl serves as a significant event, contributing positively to the city's reputation and tourism industry.
Official website here: www.musiccitybowl.com
What are the reviews and ratings of this charity?
**Music City Bowl Inc - Rating: 85% (Three-Star out of Four Stars)**
Music City Bowl Inc has received an 85% rating from Charity Navigator, which reflects a strong emphasis on Accountability and Finance. This positive score indicates that the organization has sound financial management practices in place, with high marks in areas such as program expenses and effective oversight. However, it is worth noting that other components like Impact & Measurement, Culture & Community, and Leadership & Adaptability are not currently evaluated, suggesting a potential gap in understanding the overall effectiveness of the organization.
The organization displays a commendable program expense ratio of 92.91%, indicating a significant commitment to spending on its programs rather than administrative costs. Moreover, the absence of any material diversions of assets underscores a reputation for integrity and responsible financial practices. However, the liabilities to assets ratio raised some concerns, suggesting financial leverage that could be monitored.
Unfortunately, there are no user reviews available from GreatNonprofits for Music City Bowl Inc. Without this feedback, it's challenging to capture the general public's sentiment about their experiences with the organization. The lack of user-generated content means potential beneficiaries or supporters may want to dig deeper into direct interactions or external sources for testimonials about the nonprofit.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Music City Bowl Inc?
80% of 457 reviewers on Facebook recommend Music City Bowl Inc. Here is a summary of their reviews:
Many attendees appreciated their overall experience, highlighting the enjoyable atmosphere and the quality of the stadium. The vibrant setting of Nashville added to the excitement, making it a memorable event for those who participated.
Overall, the organization appears to deliver on creating a positive and engaging experience for its guests. Fans of the event express satisfaction, indicating that the Music City Bowl captures the spirit of entertainment in a notable venue.
This AI summary has been generated from reviews found on Facebook.
Is Music City Bowl Inc legitimate?
Music City Bowl Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music City Bowl 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: $434,844
Professional Fundraising Fees: $0
Other Salaries and Wages: $239,245
For more financial information, click here
Official website here: www.musiccitybowl.com
What is the mission statement of Music City Bowl Inc?
Music City Bowl Inc's mission is centered around producing a post-season collegiate football game to have a positive impact on various aspects. This includes stimulating the economy, enhancing the national image, and boosting community pride. The organization aims to showcase the city as a premier destination, attracting audiences from across the country. Through this event, Music City Bowl Inc delivers an exceptional entertainment experience for visitors, local fans, student-athletes, conference partners, sponsors, volunteers, and the broader community. The primary objective is to generate a positive impact, making the city more recognized and appreciated nationwide.
Official website here: www.musiccitybowl.com
Who is the CEO of Music City Bowl Inc?
Scott Ramsey is the Ceo/President of Music City Bowl Inc. The CEO's salary of Music City Bowl Inc is $351,047 and their total compensation is $550,376.
Official website here: www.musiccitybowl.com
What is the revenue of Music City Bowl Inc?
Music City Bowl Inc's revenue in 2023 was $8,492,920.
Official website here: www.musiccitybowl.com
Who are the executives of Music City Bowl Inc and what are their salaries?
There 106 volunteers at Music City Bowl Inc.
Here are 30 key members and their salaries (Music City Bowl Inc's CEO's salary is $351,047 and their total compensation is $550,376):
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- Compensation: $351,047
- Related: $179,578
- Other: $19,751
- Compensation: $107,629
- Related: $72,879
- Other: $19,511
- Compensation: $118,470
- Related: $79,970
- Other: $9,264
Official website here: www.musiccitybowl.com
Where can I find the form 990 for Music City Bowl Inc?
Music City Bowl Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.musiccitybowl.com
Learn more at the official website: www.musiccitybowl.com
Mission Statement of Music City Bowl Inc
Music City Bowl Inc, a renowned organization, is dedicated to producing a post-season collegiate football game with the primary objective of positively impacting the local economy, enhancing the city's national image, and fostering community pride. This esteemed event showcases Nashville as a premier destination, attracting audiences from across the country. By delivering an exceptional entertainment experience, Music City Bowl Inc caters to visitors, local fans, student-athletes, conference partners, sponsors, volunteers, and the Nashville community at large. The creation of this post-season game in 1998 was a strategic move to stimulate economic growth and boost the city's reputation, further cementing Nashville's position as a leading destination.
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Impact
July, 2024
The Music City Bowl Inc's impact is significant in bringing together collegiate football teams and fans to enjoy a post-season game that not only entertains but also contributes to the stimulation of the Nashville economy. By showcasing the city as a premier destination and enhancing national image, Music City Bowl Inc plays a key role in boosting community pride and highlighting the cultural and entertainment offerings of Nashville. Through hosting events and engaging various stakeholders, including visitors, local fans, student-athletes, sponsors, and volunteers, Music City Bowl Inc delivers an exceptional entertainment experience that resonates with audiences across the country.
This information is meant to be a general summary of Music City Bowl 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: $64,288
- Program Service Revenue: $8,417,632
- Gross Receipts: $8,492,920
Assets and Liabilities:
- Total Assets: $8,908,705
- Total Liabilities: $5,709,919
- Net Assets: $3,198,786
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GAME SPONSORSHIPS
Revenue
$3,802,852
GATE RECEIPTS
Revenue
$2,517,394
MEDIA RIGHTS & OTHER
Revenue
$2,097,386
Organization Details
Founding Year
1997
Phone
(615) 743-3130Principal Officer
Scott Ramsey
Main Address
414 UNION STREET SUITE 1010, NASHVILLE, TN, 37219
Website
www.musiccitybowl.comNTEE Category
Code: N70 - Recreation
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