Nashville Symphony Association

EIN: 620550979 501(c)(3) Arts, Culture & Humanities

Nashville, TN

Total Revenue
$28,093,409
Total Expenses
$30,351,321
Total Assets
$87,042,611
Net Assets
$58,324,078
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Financial Trends

Organization Details

Formation Year
1946
Legal Domicile
TN
Phone
6156876515
Tax Period
2024-08-01 to 2025-07-31

Nashville Symphony Association, founded in 1946, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $28.1M in total revenue in fiscal year 2024. Revenue decreased 12% compared to the prior year. Net assets of $58.3M represent 25 months of operating reserves.

Mission

The Nashville Symphony inspires and engages a diverse and growing community with extraordinary live orchestral music experiences. As Middle Tennessee continues to grow and transform, the Nashville Symphony will be a financially robust, leading orchestra fully supported and embraced by the community it serves and recognized by its peers for its innovation and excellence. Key to achieving this vision, the Nashville Symphony will: - Entertain and educate audiences with varied opportunities to engage with orchestral music. - Be recognized as a leading arts organization defined by performing an innovative and excellent portfolio distinguished by a commitment to American music, including underrepresented voices. - Strengthen diversified revenue streams in order to routinely deliver a balanced operating budget and meet goals for endowment contributions. - Build a diverse, welcoming, and effective organization that is a great place to work and is reflective of the Middle Tennessee community.

Program Service Accomplishments

Program 1
Expenses: $23,195,736 Revenue: $12,747,035

Artistic Programming : The Nashville Symphony is where music comes alive for Middle Tennessee and beyond. Founded in 1946, the orchestra performs at the world-class Schermerhorn Symphony Center...

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Artistic Programming : The Nashville Symphony is where music comes alive for Middle Tennessee and beyond. Founded in 1946, the orchestra performs at the world-class Schermerhorn Symphony Center, presenting a dynamic range of programming that spans classical masterworks, groundbreaking new commissions, jazz, pop, film with live orchestra, and family concerts. A national leader in championing contemporary American orchestral music, the Symphony has premiered and recorded works by many of today's most celebrated composers, earning 14 GRAMMY Awards and 27 nominations. The Nashville Symphony performs nearly 200 concerts annually, including free and low-cost education and community programs that collectively reach nearly 550,000 people of all ages across Middle Tennessee each year. Through broadcasts, recordings, and streaming, the Symphony extends its impact to an additional 13 million listeners worldwide. As a nonprofit organization, the Nashville Symphony is dedicated to enriching its community, inspiring the next generation of music lovers, and demonstrating the transformative power of live orchestral music to unite and inspire. The 2024/25 season marked the final season of Music Director Giancarlo Guerrero's distinguished tenure, celebrating his artistic leadership with performances that underscored the enduring vitality of orchestral music. From Beethoven's Symphony No. 9 and Vivaldi's Four Seasons to the world premiere of Dolly Parton's Threads: My Songs in Symphony, the season balanced beloved masterworks with bold new artistic milestones. Continuing our commitment to preserving and advancing American orchestral music, three performances were recorded during the season for future commercial release. The season included 31 sold-out concerts, among them Mahler's Symphony No. 8, Gregory Alan Isakov, Gladiator Live, The Voice of Whitney, The Music of Final Fantasy, and Home Alone. We welcomed legendary artists such as Itzhak Perlman, Emanuel Ax, Gil Shaham, Leslie Odom Jr., Lyle Lovett, the Indigo Girls, and Branford Marsalis, alongside rising stars and treasured local collaborators. In partnership with our musicians, during the 2024/25 season, we introduced innovative programming including Bluebird at the Symphony, blending Nashville's iconic songwriting tradition with the artistry of the orchestra. The season also highlighted our commitment to cultivating the next generation of artists. Three exceptional finalists from the Curb Concerto Competition performed with Symphony musicians, followed by a side-by-side concert with the orchestra. Joshua Kova was named the Curb Concerto Competition winner for the second time, a testament to the program's long-term impact and artistic excellence. The season concluded on a grand scale with Mahler's Symphony No. 8, a majestic finale to Maestro Guerrero's tenure and a powerful celebration of the Symphony's artistic legacy.

Program 2
Expenses: $2,017,021 Revenue: $26,996

Education & Community Engagement Programs: During the 2024-2025 season, the Nashville Symphony strengthened its commitment to accessibility and community connection through 278 free and low-cost...

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Education & Community Engagement Programs: During the 2024-2025 season, the Nashville Symphony strengthened its commitment to accessibility and community connection through 278 free and low-cost education and community engagement programs, reaching nearly 36,000 students and adults. We expanded our presence beyond Schermerhorn Symphony Center through programs such as Music in My Neighborhood, Lunar New Year, and MLK: A Celebration in Song, bringing orchestral music directly into communities across the region. Music in My Neighborhood focused on the Antioch community, offering free ensemble performances, workshops, and family concerts in local schools and community centers. The third year of this community residency fostered cultural connection, neighborhood pride, and direct engagement with Symphony musicians. In partnership with Metro Nashville Public Schools, Symphony musicians reached thousands of students through in-school performances, classroom visits, and interactive concerts at Schermerhorn Symphony Center. These programs provide students with direct access to live orchestral music and meaningful artistic mentorship. We also hosted the We Are Nashville Festival 2025, where more than 400 students from across the city gathered to celebrate creativity, collaboration, and young artistry. The festival reflected the unifying power of music and the diversity of Nashville's student voices. Our beloved Summer Parks Concerts once again invited families to experience live orchestral music outdoors, creating accessible cultural moments that united audiences across the region. Collectively, the Symphony's education and community initiatives reach more than 550,000 people annually, reflecting our enduring commitment to the transformative power of music. Signature Education & Engagement Programs: * Accelerando: A nationally recognized initiative supporting young musicians from diverse racial and ethnic backgrounds. * Ensembles in Schools: Symphony musicians bring live chamber performances into classrooms across Middle Tennessee to introduce students to live orchestral music. * Free Community Concerts: Brings orchestral music directly to local neighborhoods across Middle Tennessee. * MNPS String Residencies: Providing string sectional and side-by-side rehearsal experiences for Metro Nashville Public School students. * Masterclasses, Sectionals & Private Lessons: Providing invaluable resources, instruction, and performance coaching for aspiring musicians and small ensembles throughout Middle Tennessee. * Music in My Neighborhood: A week-long residency that brings free cultural events to a different neighborhood each year. During the 2023/24 season, the Symphony collaborated with North Nashville schools, libraries, and community spaces. * Open Dress Rehearsals: A behind-the-scenes look at Classical Series rehearsals to demystify the orchestral world. * Sensory-Friendly Events: Inclusive programming designed for audiences with autism and sensory sensitivities, featuring flexible accommodations, closed captioning, quiet spaces, trained staff, and additional resources. * STEAM Expeditions: Interactive programs blending music, science, and the physics of sound. * Storytime with the Nashville Symphony: Early learning interactive music programs to help children develop a love for reading and an early interest in music. * Young People's Concerts: Orchestral performances tailored for K-12 students, with curriculum-aligned lesson plans that meet statewide leadership objectives. Other free and low-cost Symphony programs, include: * Lifelong Listeners for seniors * Is it a Fiddle or Violin? - a collaboration with the Country Music Hall of Fame and Museum * $20 Student Tickets through our Soundcheck program Every concert, workshop, and outreach initiative advances the Nashville Symphony's mission to enrich lives through music, strengthen cultural connections, and ensure that extraordinary artistic experiences remain accessible to all.

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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 (2024)

Revenue Breakdown

Contributions & Grants $13,877,487
Program Service Revenue $9,570,277
Investment Income $2,996,944
Other Revenue $1,648,701
TOTAL REVENUE $28,093,409

Expense Breakdown

Grants Paid $40,055
Salaries & Benefits $16,998,636
Fundraising Expenses $1,521,159
Program Expenses $25,212,757
Other Expenses $13,108,198
TOTAL EXPENSES $30,351,321

Year-over-Year Comparison

2024 2023 Change
Revenue $28,093,409 $32,045,277 -0.1%
Expenses $30,351,321 $32,671,348 -0.1%
Net Income $-2,257,912 $-626,071 +2.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
53
Independent Members
50
Employees
533
Volunteers
180

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
$937,604
Total Directors
53
$590,820
Key Employees
1
$616,191
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Alan D Valentine President & CEO 40.0
Officer Director
$400,709 $17,585 $418,294
Dr Mark D Peacock Vice Chair 1.0
Officer Director
$0 $0 $0
Hank Ingram Secretary 1.0
Officer Director
$0 $0 $0
Jonathan McNabb Treasurer 1.0
Officer Director
$0 $0 $0
Mary Cavarra Board Chair 1.0
Officer Director
$0 $0 $0
Pamela L Carter Immediate Past Chair 1.0
Officer Director
$0 $0 $0
Teresa Mosley Sebastian Chair-Elect 1.0
Officer Director
$0 $0 $0
Anthony Giarratana Director 1.0
Director
$0 $0 $0
Benjamin Scott Director 1.0
Director
$0 $0 $0
Betsy Wills Director 1.0
Director
$0 $0 $0
Bill Wade Director 1.0
Director
$0 $0 $0
Brenda Griffin Director 1.0
Director
$0 $0 $0
Catherine Grace Director 1.0
Director
$0 $0 $0
Cynthia Clark Matthews Director 1.0
Director
$0 $0 $0
David Thomas Sr Director/Chorus President 1.0
Director
$0 $0 $0
Dr Andre Churchwell Director 1.0
Director
$0 $0 $0
Dr Daniel Diermeier Director 1.0
Director
$0 $0 $0
Dr Kenneth Sands Director 1.0
Director
$0 $0 $0
Dr Stephen Eaves Director 1.0
Director
$0 $0 $0
Dr Trey Lee Director 1.0
Director
$0 $0 $0
Emily Humphreys Director 1.0
Director
$0 $0 $0
Eric Cook Director 1.0
Director
$0 $0 $0
Gail Carr Williams Director 1.0
Director
$0 $0 $0
Grace Awh Director 1.0
Director
$0 $0 $0
Henry Ingram Director 1.0
Director
$0 $0 $0
James Rooney Director 1.0
Director
$0 $0 $0
James Todd Director 1.0
Director
$0 $0 $0
Jeanie Rittenberry Director 1.0
Director
$0 $0 $0
Jeremie Papin Director 1.0
Director
$0 $0 $0
John Huie Director 1.0
Director
$0 $0 $0
Karl Sprules Director 1.0
Director
$0 $0 $0
Keeley Locke Director 1.0
Director
$0 $0 $0
Laura Covington Kimbrell Director 1.0
Director
$0 $0 $0
Laura Ross Director/Musician (See Schedule O) 40.0
Director
$71,688 $14,641 $86,329
Louise Morrison Director/Musician (See Schedule O) 40.0
Director
$76,553 $9,644 $86,197
Marielena Ramos Director 1.0
Director
$0 $0 $0
Mark Lopez Director 1.0
Director
$0 $0 $0
Mark Tillinger Director 1.0
Director
$0 $0 $0
Michael Sposato Director 1.0
Director
$0 $0 $0
Michael W Hayes Director 1.0
Director
$0 $0 $0
Neil Krugman Director 1.0
Director
$0 $0 $0
Nick Deidiker Director 1.0
Director
$0 $0 $0
Peri Widener Director 1.0
Director
$0 $0 $0
Phylanice Nashe JD Director 1.0
Director
$0 $0 $0
Rhonda Mulroy Director 1.0
Director
$0 $0 $0
Robert Dennis Director 1.0
Director
$0 $0 $0
Sandra Lipman Director 1.0
Director
$0 $0 $0
Starling Davis Clark Director 1.0
Director
$0 $0 $0
Steve Abelman Director 1.0
Director
$0 $0 $0
Travis Vincent Dunn Director 1.0
Director
$0 $0 $0
Vicki Horne Director 1.0
Director
$0 $0 $0
Victoria Pao Director 1.0
Director
$0 $0 $0
Yuri Cunza Director 1.0
Director
$0 $0 $0
Amy Killett CFO (Hired 11/01/2024) 40.0
Officer
$25,000 $0 $25,000
Jeff vom Saal COO (Hired 09/01/2024) 40.0
Officer
$65,622 $1,846 $67,468
Jenneen Reed CFO (Resigned 01/10/2025) 40.0
Officer
$209,378 $10,584 $219,962
Melinda Phillips CDO 40.0
Officer
$196,944 $9,936 $206,880
Giancarlo Guerrero Conductor & Music Director 40.0
Key Emp
$581,417 $34,774 $616,191
Alison Bolton VP of Artistic Admin & General Mgr 40.0
Highest
$128,700 $12,108 $140,808
Dan Grossman VP of Marketing 40.0
Highest
$190,705 $40,979 $231,684
Enrico Lopez-Yanez Principal Pops Conductor 40.0
Highest
$125,323 $14,593 $139,916
Erik Gratton Musician 40.0
Highest
$129,568 $14,451 $144,019
Peter Otto Concertmaster 40.0
Highest
$308,966 $19,469 $328,435
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 $28,093,409 $30,351,321 $87,042,611 $-2,257,912
2024 $32,045,277 $32,671,348 $89,632,869 $-626,071
2023 $22,002,934 $29,140,670 $89,181,075 $-7,137,736
2022 $29,930,263 $25,669,126 $95,225,876 $4,261,137
2021 $12,366,678 $10,341,118 $100,031,908 $2,025,560
2020 $15,947,022 $23,610,906 $92,523,857 $-7,663,884
2019 $23,179,344 $27,421,525 $97,192,767 $-4,242,181
2018 $23,557,261 $26,456,868 $101,369,905 $-2,899,607
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