Historic Nashville Inc

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1975

Legal Domicile

Principal Officer

Ellen D Hurd

Tax Period

2025-01-01 to 2025-12-31

Historic Nashville Inc, founded in 1975, is a small nonprofit that reported $153K in total revenue in fiscal year 2025. Revenue fell 30% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $89K, a strong 58% operating margin.

Mission

NASHVILLE INCOPORATED IS TO PRESERVE, REVITALIZE, AND ENHANCE THE NATURAL, BUILT AND CULTURAL HERITAGE OF NASHVILLE AND DAVIDSON COUNTY THROUGH EDUCATION, PARTNERSHIP, AND ADVOCACY.

Program Service Accomplishments

Program 1

Expenses: $52,190 Revenue: $109,797

ESTABLISHED IN 1968 AND RENAMED IN 1975, HISTORIC NASHVILLE, INC. HNI IS A NONPROFIT 501C3 MEMBERSHIP ORGANIZATION WITH THE MISSION TO PROMOTE AND PRESERVE THE HISTORIC PLACES THAT MAKE NASHVILLE...

ESTABLISHED IN 1968 AND RENAMED IN 1975, HISTORIC NASHVILLE, INC. HNI IS A NONPROFIT 501C3 MEMBERSHIP ORGANIZATION WITH THE MISSION TO PROMOTE AND PRESERVE THE HISTORIC PLACES THAT MAKE NASHVILLE UNIQUE. OVER THE YEARS, HNI HAS SUCCESSFULLY ADVOCATED FOR THE PRESERVATION OF SUCH HISTORIC PLACES LIKE THE RYMAN AUDITORIUM, UNION STATION, HERMITAGE HOTEL, 2ND AVENUE LOWER BROADWAY AND SHELBY STREET BRIDGE, AS WELL AS NEIGHBORHOOD HISTORIC DISTRICTS THROUGHOUT THE CITY. IN 1982, HNI ESTABLISHED THE STATES FIRST PRESERVATION EASEMENT. HNI HOSTS AN ANNUAL MEMBERSHIP MEETING, PUBLISHES AN ANNUAL REPORT, MAINTAINS A WEBSITE, HOSTS EDUCATIONAL PROGRAMS SUCH AS BEHIND-THE-SCENES TOURS, AND THE ANNUAL NASHVILLE NINE LIST OF THE CITYS MOST ENDANGERED HISTORIC PLACES.

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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%)

Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $125,645

Program Service Revenue $0

Investment Income $27,833

Other Revenue $0

TOTAL REVENUE $153,478

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $52,190

Other Expenses $64,611

TOTAL EXPENSES $64,611

Year-over-Year Comparison

	2025	2024	Change
Revenue	$153,478	$219,225	-0.3%
Expenses	$64,611	$59,018	+0.1%
Net Income	$88,867	$160,207	-0.4%

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

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

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

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Ellen Dement Hurd	President	002.00	Officer Director	$0	$0	$0
Jonny Wagenman	Vice-President	000.50	Officer Director	$0	$0	$0
Jennifer Richardson	Secretary	000.50	Officer Director	$0	$0	$0
Kira Hilley	Treasurer	001.00	Officer Director	$0	$0	$0
Sarah Calise	Director	000.50	Director	$0	$0	$0
Dr Victoria Hensley	Director	000.50	Director	$0	$0	$0
Dr Marquita Reed-Wright	Director	000.50	Director	$0	$0	$0
Penny Harrington	Director	000.50	Director	$0	$0	$0
Darden Copeland	Director	000.50	Director	$0	$0	$0
Tom Vickstrom	Director	000.50	Director	$0	$0	$0
Elizabeth Wilson	Director	000.50	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
2025	$153,478	$64,611	$690,096	$88,867
2024	No data	No data	No data	No data