CENTENNIAL PARK CONSERVANCY

EIN: 581609026 501(c)(3) Arts, Culture & Humanities

NASHVILLE, TN

Total Revenue
$3,496,890
Total Expenses
$2,698,423
Total Assets
$8,576,844
Net Assets
$8,242,689
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
TN
Principal Officer
JOHN TUMMINELLO
Phone
6158626810
Tax Period
2023-01-01 to 2023-12-31

CENTENNIAL PARK CONSERVANCY, founded in 1985, is a community nonprofit in the Arts, Culture & Humanities sector that reported $3.5M in total revenue in fiscal year 2023. Revenue decreased 18% compared to the prior year. The organization ran a surplus of $798K, a strong 23% operating margin.

Mission

TO PRESERVE, ENHANCE AND SHARE THE PARTHENON AND CENTENNIAL PARK TO BENEFIT OUR CITY AND COMMUNITY.

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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 $2,260,337
Program Service Revenue $287,072
Investment Income $308,735
Other Revenue $640,746
TOTAL REVENUE $3,496,890

Expense Breakdown

Grants Paid $230,575
Salaries & Benefits $1,228,571
Fundraising Expenses $676,787
Program Expenses $1,717,369
Other Expenses $1,239,277
TOTAL EXPENSES $2,698,423

Year-over-Year Comparison

2023 2022 Change
Revenue $3,496,890 $4,249,768 -0.2%
Expenses $2,698,423 $1,895,164 +0.4%
Net Income $798,467 $2,354,604 -0.7%
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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Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
28
Independent Members
28
Employees
37
Volunteers
400

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
7
$465,717
Total Directors
28
$0
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN TUMMINELLO PRESIDENT 40.00
Officer
$195,000 $22,807 $217,807
WENDY BUNTIN SR DIR. OF D 40.00
Highest
$135,000 $0 $135,000
JUSTIN TAM VP OF DEVELO 40.00
Officer
$112,083 $14,481 $126,564
JUSTIN BRANAM VP OF PROGRA 40.00
Officer
$112,083 $9,263 $121,346
NEIL KRUGMAN BOARD CHAIR 2.00
Officer Director
$0 $0 $0
PHYLLIS HILDRETH VICE CHAIR 2.00
Officer Director
$0 $0 $0
CHRIS CRANE TREASURER 2.00
Officer Director
$0 $0 $0
YOLANDA COX-BEY SECRETARY 2.00
Officer Director
$0 $0 $0
ERIC COOK DIRECTOR 2.00
Director
$0 $0 $0
DENISE CUMMINS DIRECTOR 0.50
Director
$0 $0 $0
KYSHONA ARMSTRONG DIRECTOR 0.50
Director
$0 $0 $0
SUMITA CHAKRABORTI-GHOSH DIRECTOR 0.50
Director
$0 $0 $0
REUBEN COOPWOOD DIRECTOR 0.50
Director
$0 $0 $0
FRANNIE CORZINE DIRECTOR 0.50
Director
$0 $0 $0
REV DR JUDY D CUMMINGS DIRECTOR 0.50
Director
$0 $0 $0
RASCOE S DEAN DIRECTOR 0.50
Director
$0 $0 $0
BILL DIXON DIRECTOR 0.50
Director
$0 $0 $0
CONOR DUGGAN DIRECTOR 0.50
Director
$0 $0 $0
STEPHEN FRANCESCON JR DIRECTOR 0.50
Director
$0 $0 $0
PHIL GRAHAM DIRECTOR 0.50
Director
$0 $0 $0
JOHN GRILLOS DIRECTOR 0.50
Director
$0 $0 $0
JOHN HACKETT DIRECTOR 0.50
Director
$0 $0 $0
CHRISTOPHER C HAIGLER DIRECTOR 0.50
Director
$0 $0 $0
NICCOLE A JACKSON DIRECTOR 0.50
Director
$0 $0 $0
RUTHIE KEEN DIRECTOR 0.50
Director
$0 $0 $0
LISA MONTEGGIA DIRECTOR 0.50
Director
$0 $0 $0
TRISH MUNRO DIRECTOR 0.50
Director
$0 $0 $0
MITCH PATEL DIRECTOR 0.50
Director
$0 $0 $0
MARTHA SILVA DIRECTOR 0.50
Director
$0 $0 $0
BEN SISTRUNK DIRECTOR 0.50
Director
$0 $0 $0
JOSEPHINE VANDEVENDER DIRECTOR 0.50
Director
$0 $0 $0
AISHA WHITE DIRECTOR 0.50
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 $3,496,890 $2,698,423 $8,576,844 $798,467
2022 $4,249,768 $1,895,164 $7,663,678 $2,354,604
2021 $2,768,009 $2,975,230 $5,267,235 $-207,221
2020 $3,864,078 $919,677 $5,457,526 $2,944,401
2018 $1,451,008 $1,743,782 $6,500,010 $-292,774
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