THE ARTS CENTER OF CANNON COUNTY INC

EIN: 581882966 501(c)(3) Arts, Culture & Humanities

WOODBURY, TN

Total Revenue
$452,988
Total Expenses
$501,493
Total Assets
$2,338,075
Net Assets
$2,288,960
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
TN
Principal Officer
ELIZABETH MCCRARY
Phone
6155632787
Tax Period
2025-01-01 to 2025-12-31

THE ARTS CENTER OF CANNON COUNTY INC, founded in 1979, is a small nonprofit in the Arts, Culture & Humanities sector that reported $453K in total revenue in fiscal year 2025. Revenue fell 22% from the prior year — a significant decline worth monitoring. Expenses of $501K exceeded revenue, resulting in a 11% operating deficit.

Mission

THE ARTS CENTER HOLDS VARIOUS SHOWS, EVENTS, PLAYS, ARTISTIC ACTIVITIES, CLASSES, ETC.

Program Service Accomplishments

Program 1
Expenses: $449,196 Revenue: $294,047

THE ARTS CENTER HOLDS VARIOUS SHOWS, EVENTS, PLAYS, ARTISTIC ACTIVITIES, CLASSES, ETC., FUNDED BY GRANTS, DONATIONS, SEASON TICKET SALES AND ADMISSIONS INCOME BEING USED TO PAY RELATED EXPENSES, THUS...

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THE ARTS CENTER HOLDS VARIOUS SHOWS, EVENTS, PLAYS, ARTISTIC ACTIVITIES, CLASSES, ETC., FUNDED BY GRANTS, DONATIONS, SEASON TICKET SALES AND ADMISSIONS INCOME BEING USED TO PAY RELATED EXPENSES, THUS PROVIDING QUALITY ARTS EXPERIENCES AND THE OPPORTUNITY TO PARTICIPATE IN THE ARTS FOR RESIDENTS OF CANNON COUNTY AND SURROUNDING COUNTIES. THE CENTER HELD 9 MAIN STAGE SHOWS AND 2 JUNIOR SHOWS IN 2025 IN ADDITION TO HOSTING SEVERAL CONCERTS.

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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 (2025)

Revenue Breakdown

Contributions & Grants $113,116
Program Service Revenue $277,537
Investment Income $25,976
Other Revenue $36,359
TOTAL REVENUE $452,988

Expense Breakdown

Grants Paid $0
Salaries & Benefits $175,316
Fundraising Expenses $5,490
Program Expenses $449,196
Other Expenses $326,177
TOTAL EXPENSES $501,493

Year-over-Year Comparison

2025 2024 Change
Revenue $452,988 $581,547 -0.2%
Expenses $501,493 $508,528 0.0%
Net Income $-48,505 $73,019 -1.7%
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
9
Independent Members
9
Employees
12
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
4
$36,000
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DR DARRYL DEASON MEMBER 0.00
Director
$0 $0 $0
MARY ELLEN SMITH MEMBER 0.00
Director
$0 $0 $0
GERALD MELTON MEMBER 0.00
Director
$0 $0 $0
BURTON DYE MEMBER 0.00
Director
$0 $0 $0
CHRISTY SANFORD TREASURER 1.00
Director
$0 $0 $0
JASON GRIFFEY VICE PRESIDENT 1.00
Director
$0 $0 $0
GIL MCLEAN STUDENT MEMBER 0.00
Director
$0 $0 $0
RACHAEL PARKER SECRETARY 1.00
Officer
$0 $0 $0
TED VERBETEN PRESIDENT 1.00
Officer
$0 $0 $0
KAY CURRIE MEMBER 0.00
Officer
$0 $0 $0
ELIZABETH MCCRARY EXECUTIVE DIRECTOR 40.00
Officer
$36,000 $0 $36,000
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 $452,988 $501,493 $2,338,075 $-48,505
2024 $581,547 $508,528 $2,351,200 $73,019
2023 $606,135 $476,114 $2,261,250 $130,021
2022 $842,986 $380,749 $2,106,117 $462,237
2021 $248,668 $228,529 $1,631,643 $20,139
2020 $272,141 $276,264 $1,473,750 $-4,123
2019 $375,902 $393,646 $1,483,402 $-17,744
2018 $525,269 $365,530 $1,489,121 $159,739
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