Tennessee · Nonprofit
MUSIC CITY INC
MUSIC CITY INC (Tennessee) receives grants from 12 organizations whose IRS filings report $305,978 to it, the largest being JAMES STEPHEN TURNER FAMILY FOUNDATION INC ($200,000). 1 of them have funded it in more than one year.
- Revenue FY2025
- $11M
- Funders on record
- 12
- Grants received
- $306k
- Net assets
- $568k
What Music City Inc does
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.
As stated on its FY2025 Form 990.
Programs
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.
$6,491,639 spent$196,093 earned by the program59% of program spendingProduced the annual free public July 4th concert and fireworks display on behalf of the city of Nashville at Riverfront Park in downtown Nashville.
$3,905,677 spentof which $3,500 as grants$40,635 earned by the program36% of program spendingOn 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.
$284,372 spent$240 earned by the program3% of program spendingProvided 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.
$202,757 spent$150 earned by the program2% of program spendingProvided communications services and other event production assistance to the Metropolitan Government of Nashville.
$2,652 spent0% of program spendingProvided 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."
$21,444 spentof which $21,444 as grants0% of program spendingIn 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.
$13,000 spentof which $13,000 as grants0% of program spending
The 7 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $10,921,541.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $442k to $1.7M (+286%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 12% · 2018 15% · 2019 15% · 2020 69% · 2021 23% · 2022 70% · 2023 81% · 2024 85% · 2025 88%. Grants only. Government contracts and fees sit inside program revenue.
98% of MUSIC CITY INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (58% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Deana Ivey
Board Member/CEO
Board chair
Doug Kreulen
Board Member/Chair
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2023 and FY2024 filings.
Who funds it, year by year
2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10k → $20k.
2 of 12 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 5% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $149k from 2 payers (the payer shares this organization's board, largest The Community Foundation of Middle Tennessee Inc). These are real filings, and they are not money MUSIC CITY INC raised.
From the IRS filings of MUSIC CITY INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MUSIC CITY INC leans on a few funders — its largest provides 65% of grant income and the top three 78%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2017 100% · 2020 91% · 2021 54% · 2022 29% · 2023 50% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
0% of MUSIC CITY INC's funders are still giving 3 years after their first grant; 8% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
90% of MUSIC CITY INC's grant income comes from Tennessee funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $16k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MUSIC CITY INC has grown faster than half of the 550 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 550 arts & culture nonprofits $10M–$100M, FY2025
Organizations like MUSIC CITY INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Tennessee
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
99% of spending goes to programs.
Governance
Public support
98%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Nashville Convention & Visitors Bureau · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MUSIC CITY INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MUSIC CITY INC?
- MUSIC CITY INC (Tennessee) receives grants from 12 organizations whose IRS filings report $305,978 to it, the largest being JAMES STEPHEN TURNER FAMILY FOUNDATION INC ($200,000). 1 of them have funded it in more than one year.
- How many funders does MUSIC CITY INC have?
- IRS filings report 12 organizations giving $305,978 in grants to MUSIC CITY INC, 1 of which have funded it in more than one year.
- Who is the largest funder of MUSIC CITY INC?
- JAMES STEPHEN TURNER FAMILY FOUNDATION INC is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
- How can an organization like MUSIC CITY INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Tennessee. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 12 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing