Nashville Sounds Foundation in Nashville, Tennessee (TN)

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Nashville Sounds Foundation
Employer Identification Number (EIN)200896207
Name of OrganizationNashville Sounds Foundation
In Care of NameBrandon Vonderharr
Address534 Chestnut St, Nashville, TN 37203-4803
SubsectionEducational Organization
Ruling Date10/2004
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$17,060
Amount of Income$77,947
Form 990 Revenue Amount$77,947
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Remedial Reading, Reading Encouragement


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Amount of income in 2013: $77,947 (it was $57,834 in 2012)
Nashville Sounds Foundation: 

 $77,947
Other organizations performing similar types of work: 

 $60,013

Assets in 2013: $17,060 (it was $8,542 in 2012)
Nashville Sounds Foundation: 

 $17,060
Other organizations performing similar types of work: 

 $24,444

Expenses in 2013: $69,396
This organization: 

 $69,396
Other organizations performing similar types of work: 

 $56,929

Income to expenses ratio in 2013: 1.1
Nashville Sounds Foundation: 

 1.1
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 79.8%
Nashville Sounds Foundation: 

 79.8%
Other organizations performing similar types of work: 

 98.2%

Financial snapshot ($)

Revenue for 2013

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$60,314$57,834$77,947
Contributions, gifts, grants, and similar amounts received$40,831$46,599$62,192
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$0$0$0
Gain/Loss from sale of assets other than inventory$19,483$11,235$15,755
Gross amount from sale of assets other than inventory$19,483$11,235$15,755
Less: cost or other basis and sales expenses$0$0$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$59,611$58,976$69,396
Total net assets$9,651$8,509$17,060
Excess/Deficit for the year$703$-1,142$8,551
Net assets or fund balances at beginning of year$8,948$9,651$8,509
Other changes in net assets or fund balances$0$0$0
Net assets or fund balances at end of year$8,509$17,060
Balance Sheets
201120122013
Total assets$9,651$8,542$17,060
Total liabilities$0$33$0
Net assets or fund balances$9,651$8,509$17,060
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$90,961
Subtotal Support$293,553
Gifts, grants, contributions, and membership fees received$293,553
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$202,592
Total Support$371,568
Public Support$293,553
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$78,015
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Ride For Reading Inc1302 Plymouth Avenue, Nashville, TN 37216TN2008-08$198,060
2Read To Succeed Inc2627 Big Eagle Trl, Murfreesboro, TN 37127-8364TN2005-12$164,965
3East Nashville Hope Exchange Inc419 Woodland Street, Nashville, TN 37206TN2011-05$90,064
4Nashville Sounds Foundation534 Chestnut St, Nashville, TN 37203-4803TN2004-10$77,947
5Sullivan County Imagination Library149 Pactolus Rd, Kingsport, TN 37663-3057TN2009-08$64,202
6Center Of Destiny Incorporated, Mid South Destiny Center7027 Millers Glen Way, Memphis, TN 38125TN2008-07$5,526
7Realsports Leadership Academy IncPo Box 282084, Nashville, TN 37228TN2004-09$5,025
8Adult Basic Literacy Education For Monroe CountyPo Box 1105, Madisonville, TN 37354TN2012-06$0
9Black Writers And Book Clubs Literacy Association, Black Writers And Book Clubs Literacy Festival105 Weaver Fields Lane 104, Memphis, TN 38109TN2015-02$0
10Bledsoe County Literacy Council933 Sequatchie Road, Pieville, TN 37367TN2002-12$0
11Community Life Center14804 Old Hickory Blvd, Antioch, TN 37013-4207TN2006-04$0
12Community Of St Therese Of Lisieux, LisieuxcommunityP O Box 11466, Memphis, TN 38111-0466TN2011-08$0
13Educational Enhancement Center784 Walker Rd Apt C, Jackson, TN 38305-3679TN2002-02$0
14Friends Of The Argie Cooper Public Library100 S Main Street, Shelbyville, TN 37160-3904TN2009-04$0
15Global Community Economic Development Corporation Nfp5100 Wyoming Avenue, Nashville, TN 37209TN2013-02$0
16Grainger County Imagination LibraryPo Box 158, Rutledge, TN 37861TN2010-02$0
17Hardeman County Imagination LibraryPo Box 501, Bolivar, TN 38008TN2011-01$0
18Haywood County Reading RailroadPO BOX 25, Brownsville, TN 38012-0025TN2015-02$0
19Homeward Bound117 W Smith St, Gallatin, TN 37066TN2008-04$0
20L A C Looking Absolutely Clean2311 Burns St, Nashville, TN 37216-3849TN2010-03$0
Number of organizations performing similar types of work
Alaska2
Alabama39
Arkansas17
Arizona22
California172
Colorado23
Connecticut18
District of Columbia18
Delaware5
Florida114
Georgia79
Hawaii9
Iowa12
Idaho4
Illinois84
Indiana34
Kansas12
Kentucky10
Louisiana25
Massachusetts26
Maryland48
Maine2
Michigan53
Minnesota21
Missouri23
Mississippi14
Montana4
North Carolina59
Nebraska9
New Hampshire1
New Jersey32
New Mexico12
Nevada13
New York96
Ohio51
Oklahoma17
Oregon12
Pennsylvania45
Rhode Island3
South Carolina24
South Dakota2
Tennessee37
Texas87
Utah10
Virginia58
Vermont4
Washington37
Wisconsin22
West Virginia8
Wyoming2
International4
Total1,535

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