Centennial Park Conservancy

Tax-deductible

Nashville, TN501(c)(3)Arts & CultureEIN 58-1609026

Preserve, enhance and share the parthenon and centennial park to benefit our city and community

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Run by 20 volunteers and 7 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $336K a year · 9% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$536K
to officers and key staff · 7% of spending
Top officer’s pay higher than 79% of similar orgs
Looks good: pay to officers and key staff is 7% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $30K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$146K
3% of total assets
Looks good: liabilities are 3% of assets; 50% or less.
Pt X · Ln 26
Independent board members
28
of 28 voting members
Looks good: 28 of 28 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.8M
+8% vs prior year
Spent
$8.0M
To programs
87%
Net assets
$4.1M
By yearFY2020–FY2024
Revenue
$3.8M
FY2024▲ +8%
Revenue by fiscal year
FY2020$3.9M
FY2021$2.8M
FY2022$4.2M
FY2023$3.5M
FY2024$3.8M
Expenses
$8.0M
FY2024▲ +196%
Expenses by fiscal year
FY2020$920K
FY2021$3.0M
FY2022$1.9M
FY2023$2.7M
FY2024$8.0M
Net assets
$4.1M
FY2024▼ -51%
Net assets by fiscal year
FY2020$5.3M
FY2021$5.1M
FY2022$7.4M
FY2023$8.2M
FY2024$4.1M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1985.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $7.0M Management & general 4% · $328K Fundraising 9% · $695K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

32 people listed on the 990; $536K paid to officers and key staff.

Part VII, Section A · reportable compensation
$181,223Pt VII · Sec A
VP of Progra
$131,555Pt VII · Sec A
VP of Develo
$117,719Pt VII · Sec A
SR Dir. of D
$105,234Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

John Tumminello’s $181K as President is at the 79th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
John Tumminello$181,223$195,000$179,524$146,208$139,881
Wendy Buntin$105,234$135,000———
Justin Branam$131,555$112,083$100,045——
Justin Tam$117,719$112,083———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Centennial Park Conservancy executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Preserves, enhances, and shares the Parthenon and Centennial Park for the city and community.

Provided by the organization

This section is blank until Centennial Park Conservancy claims this page.

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1 program service account for $7.0M of program spending, described in the organization's own filed words · FY2024.
01

Centennial park conservancy is a private, nonprofit organization, serving the community through stewardship, programming, and promotion of centennial park and the parthenon in nashville, tennessee.

$7.0Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 2 funders$30K
Grants paid · 11 grants · $7.3M · 2021–2024
Metro Nashville Parks and RecreatioFY2024$5,139,416
Friends of Metro DanceTN · FY2024$22,721
Creative Parks NashvilleTN · FY2024$19,000
Metro Nashville Parks and RecreatioFY2023$185,575
Friends of Metro DanceTN · FY2023$12,500
Creative Parks NashvilleTN · FY2023$12,500
Metro Nashville Parks and RecreatioFY2022$145,862
Metro Nashville Parks and RecreationFY2021$1,782,609

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.8M
Ln 12
Gifts and grantsLn 1h$2.6M
Other incomeLn 4–11$663K
Investment incomeLn 3$291K
Money outPt IX
$8.0M
Ln 25
Programscol B$7.0M
Managementcol C$328K
Fundraisingcol D$695K
Owns and owesPt X
$4.1M
net assets · Ln 32
Cash and savingsLn 1–2$3.2M
Total assetsLn 16$4.2M
LiabilitiesLn 26$146K
PeoplePt VI, VII
32
listed · VII A
PaidVII A4
Voting boardVI 1a28
IndependentVI 1b28
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.6M
Government grantsLn 1e$208K
Fees for servicesLn 2g$258K
Investment incomeLn 3$291K
Other incomeLn 4–11$663K
Total revenueLn 12$3.8M
Assets in detailPt X, end of year
CashLn 1$190K
SavingsLn 2$3.0M
Cash and savings togetherLn 1–2$3.2M
Land, buildings, equipmentLn 10c$57K
Other assetsLn 15$427K
Total assetsLn 16$4.2M
LiabilitiesLn 26$146K
Net assetsLn 32$4.1M
OperationsPt I, VI
EmployeesI 57
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$7.2M$3.2M
Land, buildings, equipmentLn 10c$63K$57K
Total assetsLn 16$8.6M$4.2M
LiabilitiesLn 26$334K$146K
Net assetsLn 32$8.2M$4.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$5.2M$5.2M
Pay of current officers, directors and key staffLn 5$485K$266K$83K$136K
Other salaries and wagesLn 7$812K$489K$65K$257K
Pension plan contributionsLn 8$11K$6K$533$4K
Other employee benefitsLn 9$61K$38K$4K$19K
Payroll taxesLn 10$98K$55K$11K$31K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$10K$10K
Other fees for servicesLn 11g$248K$67K$91K$90K
Advertising and promotionLn 12$159K$125K$33K
Office expensesLn 13$43K$11K$21K$11K
Information technologyLn 14$53K$3K$8K$42K
Conferences, conventions and meetingsLn 19$15K$814$12K$2K
Depreciation, depletion and amortizationLn 22$9K$9K
InsuranceLn 23$19K$9K$9K
Other expenses (24a–d)Ln 24$788K$719K$808$69K
Total functional expensesLn 25$8.0M$7.0M$328K$695K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $3.8M$8.0M−$4.2M$4.1M 990 PDF
FY2023 $3.5M$2.7M$798K$8.2M 990 PDF
FY2022 $4.2M$1.9M$2.4M$7.4M 990 PDF
FY2021 $2.8M$3.0M−$207K$5.1M 990 PDF
FY2020 $3.9M$920K$2.9M$5.3M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $3,790,466 across 8 lines filed
Lines not itemized here account for $220,859 of total revenue; see the IRS return.
VIII-1e Government grants$207,700
VIII-1f All other contributions, gifts and grants$2,371,269
VIII-1h Total contributions, gifts and grants$2,578,969
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $258,191$258,191
VIII-3 Investment incomeExcluded from tax $290,747$290,747
VIII-6 Net rental income or lossExcluded from tax $430,143$430,143
VIII-8 Net income from fundraising eventsExcluded from tax $11,557$11,557
VIII-12 Total revenueRelated to mission $479,050 · Excluded from tax $732,447$3,790,466
Part IX · Statement of functional expenses $8,000,145 across 16 lines filed
IX-1 Grants to domestic organizationsPrograms $5,187,137$5,187,137
IX-5 Pay of current officers, directors and key staffPrograms $266,012 · Management $82,882 · Fundraising $135,651$484,545
IX-7 Other salaries and wagesPrograms $489,151 · Management $65,464 · Fundraising $257,046$811,661
IX-8 Pension plan contributionsPrograms $6,414 · Management $533 · Fundraising $3,936$10,883
IX-9 Other employee benefitsPrograms $38,242 · Management $3,842 · Fundraising $19,280$61,364
IX-10 Payroll taxesPrograms $55,147 · Management $11,421 · Fundraising $31,105$97,673
IX-11b Legal feesManagement $2,378$2,378
IX-11c Accounting feesManagement $10,500$10,500
IX-11g Other fees for servicesPrograms $67,080 · Management $90,929 · Fundraising $90,300$248,309
IX-12 Advertising and promotionPrograms $125,479 · Fundraising $33,355$158,834
IX-13 Office expensesPrograms $10,965 · Management $20,927 · Fundraising $11,027$42,919
IX-14 Information technologyPrograms $2,644 · Management $7,931 · Fundraising $42,298$52,873
IX-19 Conferences, conventions and meetingsPrograms $814 · Management $12,397 · Fundraising $1,627$14,838
IX-22 Depreciation, depletion and amortizationManagement $8,954$8,954
IX-23 InsurancePrograms $9,488 · Management $9,488$18,976
IX-24 Other expenses (24a–d)Programs $718,598 · Management $808 · Fundraising $68,895$788,301
IX-25 Total functional expensesPrograms $6,977,171 · Management $328,454 · Fundraising $694,520$8,000,145
Part X · Balance sheet $4,214,765 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $369,312$189,670
X-2 Savings and temporary cash investmentsStart of year $6,797,326$3,038,404
X-3 Pledges and grants receivableStart of year $973,334$497,065
X-9 Prepaid expenses and deferred chargesStart of year $32,799$5,813
X-10c Land, buildings and equipment, netStart of year $63,336$56,861
X-15 Other assetsStart of year $340,737$426,952
X-16 Total assetsStart of year $8,576,844$4,214,765
X-17 Accounts payable and accrued expensesStart of year $165,730$76,411
X-19 Deferred revenueStart of year $168,425$69,129
X-26 Total liabilitiesStart of year $334,155$145,540
X-27 Net assets without donor restrictionsStart of year $2,363,752$2,912,966
X-28 Net assets with donor restrictionsStart of year $5,878,937$1,156,259
X-32 Total net assets or fund balancesStart of year $8,242,689$4,069,225
X-33 Total liabilities and net assetsStart of year $8,576,844$4,214,765
Part XI · Reconciliation of net assets $4,069,225 net assets at year end
XI-1 Total revenue$3,790,466
XI-2 Total expenses$8,000,145
XI-3 Revenue less expenses−$4,209,679
XI-4 Net assets at start of year$8,242,689
XI-9 Other changes in net assets$36,215
XI-10 Net assets at end of year$4,069,225

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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