COUNTRY MUSIC ASSOCIATION INC

EIN: 620606066 Arts, Culture & Humanities

NASHVILLE, TN

Total Revenue
$78,217,001
Total Expenses
$61,787,999
Total Assets
$132,698,680
Net Assets
$115,186,665
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1958
Legal Domicile
TN
Principal Officer
SARAH TRAHERN
Phone
6152442840
Tax Period
2024-04-01 to 2025-03-31

COUNTRY MUSIC ASSOCIATION INC, founded in 1958, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $78.2M in total revenue in fiscal year 2024. Revenue grew 14% year-over-year, indicating healthy expansion. The organization ran a surplus of $16.4M, a strong 21% operating margin.

Mission

1. HEIGHTEN AWARENESS AND GROW THE BUSINESS OF COUNTRY MUSIC.2. SERVE AS THE INFORMATION AND COMMUNICATION CENTER FOR INDUSTRY AND CONSUMER TRENDS.3. PROVIDE A FORUM FOR INDUSTRY LEADERSHIP TO ADVANCE COUNTRY MUSIC.4. RECOGNIZE EXCELLENCE IN THE INDUSTRY.5. DEVELOP ONGOING INDUSTRY AND CONSUMER RESEARCH WITH THE GOAL OF IMPROVING COMMUNICATION AND EDUCATION WITH COUNTRY MUSIC STAKEHOLDERS.

Program Service Accomplishments

Program 1

THE ASSOCIATION PRODUCES THE ANNUAL CMA AWARDS, AN INDUSTRY VOTED EVENT, CELEBRATING THE ACHIEVEMENTS OF OUR CREATIVE COMMUNITY WHILE SHOWCASING THEIR TALENTS TO A GLOBAL AUDIENCE.

Program 2

CMA FEST IS AN ANNUAL FOUR-DAY MUSIC FESTIVAL THAT HOSTS TENS OF THOUSANDS OF FANS PROVIDING THEM THE OPPORTUNITY TO LISTEN TO AND DISCOVER HUNDREDS OF COUNTRY MUSIC ACTS WHILE RAISING MONEY FOR THE...

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CMA FEST IS AN ANNUAL FOUR-DAY MUSIC FESTIVAL THAT HOSTS TENS OF THOUSANDS OF FANS PROVIDING THEM THE OPPORTUNITY TO LISTEN TO AND DISCOVER HUNDREDS OF COUNTRY MUSIC ACTS WHILE RAISING MONEY FOR THE CMA FOUNDATION.

Program 3

THE ASSOCIATION PROVIDES ITS MEMBERS ACCESS TO BENEFITS INCLUDING PROFESSIONAL DEVELOPMENT, HEALTH CARE RESOURCES, INDUSTRY VOTING PRIVILEGES, NETWORKING OPPORTUNITIES, RESEARCH, ETC.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $67,105,770
Investment Income $11,111,231
Other Revenue $0
TOTAL REVENUE $78,217,001

Expense Breakdown

Grants Paid $3,397,491
Salaries & Benefits $9,011,684
Fundraising Expenses $0
Other Expenses $49,378,824
TOTAL EXPENSES $61,787,999

Year-over-Year Comparison

2024 2023 Change
Revenue $78,217,001 $68,364,093 +0.1%
Expenses $61,787,999 $58,088,660 +0.1%
Net Income $16,429,002 $10,275,433 +0.6%
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
75
Independent Members
73
Employees
73
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
6
$1,200,670
Total Directors
75
$0
Key Employees
3
$868,700
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JENNIE SMYTHE CHAIRMAN 1.50
Officer Director
$0 $0 $0
JAY WILLIAMS PRESIDENT 1.50
Officer Director
$0 $0 $0
TYNE PARRISH PRESIDENT-ELECT 1.50
Officer Director
$0 $0 $0
JAMIE CHEEK SECRETARY/TREASURER 1.50
Officer Director
$0 $0 $0
ADAM WEISER DIRECTOR 1.50
Director
$0 $0 $0
ANNA-SOPHIE MERTENS DIRECTOR 1.50
Director
$0 $0 $0
ANNIE ORTMEIER DIRECTOR 1.50
Director
$0 $0 $0
AUSTIN NEAL DIRECTOR 1.50
Director
$0 $0 $0
BEN KLINE DIRECTOR 1.50
Director
$0 $0 $0
BEN VAUGHN DIRECTOR 1.50
Director
$0 $0 $0
BRANDY CLARK DIRECTOR 1.50
Director
$0 $0 $0
BRENT DAUGHRITY DIRECTOR 1.50
Director
$0 $0 $0
BRIAN O'CONNELL DIRECTOR 1.50
Director
$0 $0 $0
BRITTANY SCHAFFER DIRECTOR 1.50
Director
$0 $0 $0
CANDICE WATKINS DIRECTOR 1.50
Director
$0 $0 $0
CHARLIE MORGAN DIRECTOR 1.50
Director
$0 $0 $0
CHARLIE WORSHAM DIRECTOR 1.50
Director
$0 $0 $0
CHRIS KAPPY DIRECTOR 1.50
Director
$0 $0 $0
CHRIS LISLE DIRECTOR 1.50
Director
$0 $0 $0
CHRIS PARR DIRECTOR 1.50
Director
$0 $0 $0
CHUCK ALY DIRECTOR 1.50
Director
$0 $0 $0
CURT JENKINS DIRECTOR 1.50
Director
$0 $0 $0
DAN ROGERS DIRECTOR 1.50
Director
$0 $0 $0
DANNY RADER DIRECTOR 1.50
Director
$0 $0 $0
DAVID CROW DIRECTOR 1.50
Director
$0 $0 $0
DAVID HASKELL DIRECTOR 1.50
Director
$0 $0 $0
DAVID KELLS DIRECTOR 1.50
Director
$0 $0 $0
DEBBIE CARROLL DIRECTOR 1.50
Director
$0 $0 $0
DEREK WELLS DIRECTOR 1.50
Director
$0 $0 $0
ED WARM DIRECTOR 1.50
Director
$0 $0 $0
J WILLIAM DENNY DIRECTOR 1.50
Director
$0 $0 $0
JAY DEMARCUS DIRECTOR 1.50
Director
$0 $0 $0
JAY LIEPIS DIRECTOR 1.50
Director
$0 $0 $0
JEFFREY HASSON DIRECTOR 1.50
Director
$0 $0 $0
JENEE FLEENOR DIRECTOR 1.50
Director
$0 $0 $0
JIM BEAVERS DIRECTOR 1.50
Director
$0 $0 $0
JOHN ZARLING DIRECTOR 1.50
Director
$0 $0 $0
JON LOBA DIRECTOR 1.50
Director
$0 $0 $0
JONATHAN LEVINE DIRECTOR 1.50
Director
$0 $0 $0
JOSH VAN VALKENBURG DIRECTOR 1.50
Director
$0 $0 $0
KAREN FAIRCHILD DIRECTOR 1.50
Director
$0 $0 $0
KATIE MCCARTNEY DIRECTOR 1.50
Director
$0 $0 $0
KELLA FARRIS DIRECTOR 1.50
Director
$0 $0 $0
KEN ROBOLD DIRECTOR 1.50
Director
$0 $0 $0
KERRI EDWARDS DIRECTOR 1.50
Director
$0 $0 $0
KURT JOHNSON DIRECTOR 1.50
Director
$0 $0 $0
LINDSAY BERTELLI DIRECTOR 1.50
Director
$0 $0 $0
LIZ ROSE DIRECTOR 1.50
Director
$0 $0 $0
MARC DENNIS DIRECTOR 1.50
Director
$0 $0 $0
MARY HILLIARD HARRINGTON DIRECTOR 1.50
Director
$0 $0 $0
MICHELLE TIGARD KAMMERER DIRECTOR 1.50
Director
$0 $0 $0
MIKE HARRIS DIRECTOR 1.50
Director
$0 $0 $0
NATALIE WALLER DIRECTOR 1.50
Director
$0 $0 $0
PRISCILLA BLOCK DIRECTOR 1.50
Director
$0 $0 $0
R HORTON FRANK III DIRECTOR 1.50
Director
$0 $0 $0
RACHEL WHITNEY DIRECTOR 1.50
Director
$0 $0 $0
RALPH PEER II DIRECTOR 1.50
Director
$0 $0 $0
RHETT AKINS DIRECTOR 1.50
Director
$0 $0 $0
RJ CURTIS DIRECTOR 1.50
Director
$0 $0 $0
ROD PHILLIPS DIRECTOR 1.50
Director
$0 $0 $0
SALLY WILLIAMS DIRECTOR 1.50
Director
$0 $0 $0
SCOTT BORCHETTA DIRECTOR 1.50
Director
$0 $0 $0
SHANNAN HATCH DIRECTOR 1.50
Director
$0 $0 $0
SHANNON SANDERS DIRECTOR 1.50
Director
$0 $0 $0
SINA HALL DIRECTOR 1.50
Director
$0 $0 $0
STACY VEE DIRECTOR 1.50
Director
$0 $0 $0
STEVE BLATTER DIRECTOR 1.50
Director
$0 $0 $0
TERRY CALONGE DIRECTOR 1.50
Director
$0 $0 $0
TIM ROBERTS DIRECTOR 1.50
Director
$0 $0 $0
TJ OSBORNE DIRECTOR 1.50
Director
$0 $0 $0
TROY TOMLINSON DIRECTOR 1.50
Director
$0 $0 $0
TROY VOLLHOFFER DIRECTOR 1.50
Director
$0 $0 $0
VIRGINIA BUNETTA DIRECTOR 1.50
Director
$0 $0 $0
WARREN COPNICK DIRECTOR 1.50
Director
$0 $0 $0
WES VAUSE DIRECTOR 1.50
Director
$0 $0 $0
SARAH TRAHERN CEO 40.00
Officer
$837,834 $95,709 $933,543
AMY SMARTT SVP FINANCE & ADMINISTRATION 40.00
Officer
$232,507 $34,620 $267,127
KELLY STRIEWSKI SVP MARKETING & STRATEGIC PARTNERSHIPS 40.00
Key Emp
$330,941 $44,754 $375,695
TIFFANY KERNS VP COMMUNITY INDUSTRY RELATIONS & PHILANTHROPY 40.00
Key Emp
$230,162 $31,117 $261,279
EMILY EVANS SVP BUSINESS STRATEGY & OPERATIONS 40.00
Key Emp
$203,213 $28,513 $231,726
TODD HARTLEY SVP LEGAL & BUSINESS AFFAIRS 40.00
Highest
$250,417 $33,734 $284,151
MILLY OLYKAN VP INTERNATIONAL RELATIONS & DEVELOPMENT 40.00
Highest
$210,286 $32,289 $242,575
CATHERINE FRIZZELL VP MARKETING 40.00
Highest
$177,057 $24,539 $201,596
RYAN NELSON SR. DIRECTOR, EVENT OPERATIONS 40.00
Highest
$159,000 $19,861 $178,861
MICHAEL FARRIS SR. DIRECTOR OF BUSINESS STRATEGY & INSIGHTS 40.00
Highest
$148,328 $23,421 $171,749
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 $78,217,001 $61,787,999 $132,698,680 $16,429,002
2024 $68,364,093 $58,088,660 $115,816,580 $10,275,433
2023 $57,892,251 $55,527,054 $104,081,996 $2,365,197
2022 $43,001,334 $37,006,352 $102,178,283 $5,994,982
2021 $30,305,836 $29,911,865 $94,289,640 $393,971
2020 $50,633,862 $51,922,390 $76,161,588 $-1,288,528
2019 $49,312,574 $48,040,128 $85,027,888 $1,272,446
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