THE HERITAGE FOUNDATION OF WILLIAMSON COUNTY TN

EIN: 237042596 501(c)(3) Arts, Culture & Humanities

FRANKLIN, TN

Total Revenue
$7,794,107
Total Expenses
$7,503,811
Total Assets
$30,798,335
Net Assets
$17,534,808
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
TN
Principal Officer
BARI BEASLEY
Phone
6155918500
Tax Period
2023-01-01 to 2023-12-31

THE HERITAGE FOUNDATION OF WILLIAMSON COUNTY TN, founded in 1970, is a community nonprofit in the Arts, Culture & Humanities sector that reported $7.8M in total revenue in fiscal year 2023. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $7.5M left a modest 4% surplus.

Mission

THE ORGANIZATION IS DEDICATED TO PROTECTING AND PRESERVING THE COMMUNITIES AND CULTURAL HERITAGE OF HISTORIC RESOURCES IN WILLIAMSON COUNTY, TENNESSEE, AND WORKS WITH AREA LEADERS TO CONTINUALLY CARE FOR HISTORIC SPACES, TREASURED LANDMARKS, AND CHERISHED LOCAL BUSINESSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,156,080
Program Service Revenue $3,749,549
Investment Income $-23,392
Other Revenue $-88,130
TOTAL REVENUE $7,794,107

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,279,188
Fundraising Expenses $1,328,893
Program Expenses $5,179,998
Other Expenses $5,224,623
TOTAL EXPENSES $7,503,811

Year-over-Year Comparison

2023 2022 Change
Revenue $7,794,107 $7,048,834 +0.1%
Expenses $7,503,811 $6,936,401 +0.1%
Net Income $290,296 $112,433 +1.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
23
Employees
71
Volunteers
720

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
11
$272,000
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRANT E MARTIN EMPLOYEE 40.00
Highest
$120,447 $0 $120,447
RONALD E DILTS EMPLOYEE 40.00
Highest
$103,312 $0 $103,312
BARI BEASLEY CEO 40.00
Officer
$272,000 $0 $272,000
DAVID GARRETT PRESIDENT 4.00
Officer Director
$0 $0 $0
CHRIS KNOPF TREASURER 2.00
Officer Director
$0 $0 $0
SONDRA MORRIS CHAIR FRANKL 4.00
Officer Director
$0 $0 $0
JOHN BOND CHAIR DFA 4.00
Officer Director
$0 $0 $0
JENNIFER PARKER CHAIR THEATR 4.00
Officer Director
$0 $0 $0
STEPHANIE FARMER SECRETARY 2.00
Officer Director
$0 $0 $0
EMILY MAGID AT LARGE 2.00
Officer Director
$0 $0 $0
ELLEN SMITH AT LARGE 2.00
Officer Director
$0 $0 $0
TYLER BORDERS AT LARGE 2.00
Officer Director
$0 $0 $0
ALLEN SILLS AT LARGE 2.00
Officer Director
$0 $0 $0
JACKIE ALEXANDER BOARD MEMBER 1.00
Director
$0 $0 $0
BRADEN DAHL BOARD MEMBER 1.00
Director
$0 $0 $0
TRACY FRIST BOARD MEMBER 1.00
Director
$0 $0 $0
JEFF LEDBETTER BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM SCALES BOARD MEMBER 1.00
Director
$0 $0 $0
SUSAN WHITAKER BOARD MEMBER 1.00
Director
$0 $0 $0
SHEA WOOD-TURNER BOARD MEMBER 1.00
Director
$0 $0 $0
HUNTER JONES BOARD MEMBER 1.00
Director
$0 $0 $0
MEGAN ALEXANDER BOARD MEMBER 1.00
Director
$0 $0 $0
ADAM SANSIVERI BOARD MEMBER 1.00
Director
$0 $0 $0
BO SEGERS BOARD MEMBER 1.00
Director
$0 $0 $0
ED SILVA BOARD MEMBER 1.00
Director
$0 $0 $0
MARK SUTTON BOARD MEMBER 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $7,794,107 $7,503,811 $30,798,335 $290,296
2022 $7,048,834 $6,936,401 $30,248,010 $112,433
2021 $5,101,900 $4,814,332 $23,589,168 $287,568
2020 $3,456,790 $3,237,972 $23,459,497 $218,818
2018 $9,348,405 $3,871,899 $16,070,501 $5,476,506
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