MARTY STUART CENTER FOR COUNTRY MUSIC INC

EIN: 464878311 501(c)(3) Arts, Culture & Humanities

PHILADELPHIA, MS

Total Revenue
$11,134,896
Total Expenses
$1,819,922
Total Assets
$21,185,372
Net Assets
$20,854,630
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
MS
Principal Officer
DAVID VOWELL
Phone
6016561000
Tax Period
2023-10-01 to 2024-09-30

MARTY STUART CENTER FOR COUNTRY MUSIC INC, founded in 2012, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $11.1M in total revenue in fiscal year 2023. Revenue surged 201% from the prior year, signaling strong growth momentum. The organization ran a surplus of $9.3M, a strong 84% operating margin.

Mission

MARTY STUART'S CONGRESS OF COUNTRY MUSIC RECLAIMS, REDEFINES AND REINTRODUCES THE TRUE HEART AND SOUL OF COUNTRY MUSIC. AS COUNTRY MUSIC'S MOST NOTABLE AMBASSADOR AND THE CULTURE'S MAIN ARCHETYPAL CRUSADER, MARTY STUART'S MISSION IS TO PRESERVE AND PROPEL THE AUTHENTICITY OF THE CULTURE OF COUNTRY MUSIC TO FUTURE GENERATIONS. MARTY STUART'S CONGRESS OF COUNTRY MUSIC IS THE HOME OF THE LARGEST PRIVATE COLLECTION OF COUNTRY MUSIC ARTIFACTS IN THE WORLD. THE MARTY STUART CONGRESS OF COUNTRY MUSIC WILL CELEBRATE THE RICH CULTURAL HERITAGE OF COUNTRY MUSIC THROUGH LIVE MUSICAL PERFORMANCE AND EDUCATIONAL PROGRAMMING. THIS TRIBUTE TO THE CULTURE AND RURAL ETHICS OF AMERICA WILL BE PRESENTED IN A WORLD-CLASS COUNTRY MUSIC MUSEUM AND PERFORMING ARTS CENTER.

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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 $10,290,494
Program Service Revenue $686,562
Investment Income $157,840
Other Revenue $0
TOTAL REVENUE $11,134,896

Expense Breakdown

Grants Paid $0
Salaries & Benefits $67,994
Fundraising Expenses $178,171
Program Expenses $1,388,098
Other Expenses $1,751,928
TOTAL EXPENSES $1,819,922

Year-over-Year Comparison

2023 2022 Change
Revenue $11,134,896 $3,698,544 +2.0%
Expenses $1,819,922 $1,661,855 +0.1%
Net Income $9,314,974 $2,036,689 +3.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✓ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
13
Employees
7
Volunteers
30

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
0
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK CONN DIRECTOR N/A
Director
$0 $0 $0
DAVID CONRAD DIRECTOR N/A
Director
$0 $0 $0
MARTY GAMBLIN DIRECTOR N/A
Director
$0 $0 $0
KINSEY GOLDMAN DIRECTOR N/A
Director
$0 $0 $0
JACKIE HESTER TREASURER/ D N/A
Director
$0 $0 $0
DOUG HUDSON DIRECTOR N/A
Director
$0 $0 $0
LIZA CIRLOT LOOSER DIRECTOR N/A
Director
$0 $0 $0
TIM MOORE DIRECTOR N/A
Director
$0 $0 $0
JOHN PEETS DIRECTOR N/A
Director
$0 $0 $0
MARTY STUART DIRECTOR N/A
Director
$0 $0 $0
PAT THOMASSON VICE PRESIDE N/A
Director
$0 $0 $0
DAVID VOWELL PRESIDENT/ D N/A
Director
$0 $0 $0
STEVE WILKERSON DIRECTOR N/A
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 $11,134,896 $1,819,922 $21,185,372 $9,314,974
2023 $3,698,544 $1,661,855 $11,634,875 $2,036,689
2022 $1,411,961 $359,181 $10,198,372 $1,052,780
2021 $5,665,228 $194,777 $8,113,896 $5,470,451
2020 $517,442 $152,117 $2,942,469 $365,325
2020 $517,442 $154,936 $3,041,190 $362,506
2019 $395,176 $187,088 $2,858,319 $208,088
2018 $190,151 $132,679 $2,652,278 $57,472
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