FOUNTAINS OF MUSICA FOUNDATION

EIN: 471626557 501(c)(3) Arts, Culture & Humanities

NASHVILLE, TN

Total Revenue
$18,911
Total Expenses
$4,190
Total Assets
$430,121
Net Assets
$420,121
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
TN
Principal Officer
DESMOND CHILD
Phone
6152485500
Tax Period
2023-01-01 to 2023-12-31

FOUNTAINS OF MUSICA FOUNDATION, founded in 2014, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $19K in total revenue in fiscal year 2023. Revenue surged 188% from the prior year, signaling strong growth momentum. The organization ran a surplus of $15K, a strong 78% operating margin.

Mission

TO ENHANCE AND COMPLETE THE ORIGINAL DESIGN VISION OF THE BRONZE STATUES OF "MUSICA" IN NASHVILLE, TN.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $18,911
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $18,911

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $3,428
Other Expenses $4,190
TOTAL EXPENSES $4,190

Year-over-Year Comparison

2023 2022 Change
Revenue $18,911 $6,563 +1.9%
Expenses $4,190 $2,382 +0.8%
Net Income $14,721 $4,181 +2.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
N/A

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
3
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DESMOND CHILD CHAIRMAN/DIRECTOR 5.00
Officer Director
$0 $0 $0
ANDREE LEQUIRE PRESIDENT/DIRECTOR 10.00
Officer Director
$0 $0 $0
JENNIFER LANE CFO 2.00
Officer Director
$0 $0 $0
STEVE ARMISTEAD DIRECTOR 2.00
Director
$0 $0 $0
SHANNON POLLARD DIRECTOR 2.00
Director
$0 $0 $0
ALAN LEQUIRE DIRECTOR 5.00
Director
$0 $0 $0
DAVID ALLARD DIRECTOR 2.00
Director
$0 $0 $0
SHARON GREAVES DIRECTOR 2.00
Director
$0 $0 $0
NANCY MCNULTY DIRECTOR 2.00
Director
$0 $0 $0
BOB PATTERSON DIRECTOR 2.00
Director
$0 $0 $0
BILL SULLIVAN DIRECTOR 2.00
Director
$0 $0 $0
JOHN DOTSON DIRECTOR 2.00
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
2025 No data No data No data No data
2024 No data No data No data No data
2023 $18,911 $4,190 $430,121 $14,721
2022 $6,563 $2,382 $416,259 $4,181
2021 $25,250 $9,259 $415,166 $15,991
2020 $103,905 $5,998 $396,349 $97,907
2019 $98,795 $20,180 $330,442 $78,615
2018 $35,685 $18,443 $224,827 $17,242
Explore More Nonprofits
Top 100 Nonprofits in Tennessee Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare FOUNTAINS OF MUSICA FOUNDATION with other nonprofits in Tennessee and across the country.