Oscar L Farris Agricultural Museum

EIN: 621410935 501(c)(3) Arts, Culture & Humanities

Nashville, TN

Total Revenue
$84,441
Total Expenses
$64,579
Total Assets
$253,611
Net Assets
$253,611
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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
1959
Legal Domicile
TN
Principal Officer
CAROL M EDWARDS
Phone
6158375190
Tax Period
2024-01-01 to 2024-12-31

Oscar L Farris Agricultural Museum, founded in 1959, is a micro nonprofit in the Arts, Culture & Humanities sector that reported $84K in total revenue in fiscal year 2024. The organization ran a surplus of $20K, a strong 24% operating margin.

Mission

To encourage interest, support and understanding of agriculture by collecting and preserving artifacts and information representative of Tennessees rural heritage

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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 $84,441
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $84,441

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,182
Fundraising Expenses $0
Other Expenses $59,397
TOTAL EXPENSES $64,579

Year-over-Year Comparison

2024 2023 Change
Revenue $84,441 $84,442 0.0%
Expenses $64,579 $64,553 +0.0%
Net Income $19,862 $19,889 0.0%
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

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Governance

Voting Members
18
Independent Members
18
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
6
$0
Total Directors
18
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Baker Board Member 0.00
Director
$0 $0 $0
Dan Bond MEMBERSHIP CHAIR 0.00
Director
$0 $0 $0
Jerry Barlar Board Member 0.00
Director
$0 $0 $0
Dan F Harrell Board Member 0.00
Director
$0 $0 $0
Buddy Woodson TRACTOR MAN 0.00
Director
$0 $0 $0
Mark Bennett BOARD MEMBER 0.00
Director
$0 $0 $0
CHRIS FLEMMING BOARD MEMBER 0.00
Director
$0 $0 $0
CLINTON HOLLOWAY BOARD MEMBER 0.00
Director
$0 $0 $0
WILLIAM LEWIS BOARD MEMBER 0.00
Director
$0 $0 $0
WHITNEY FLATT STRATEGIC PROJECTS COORDINATOR 0.00
Director
$0 $0 $0
JOHN FLANAGAN BOARD MEMBER 0.00
Director
$0 $0 $0
RANDY LOCHRIDGE BOARD MEMBER 0.00
Director
$0 $0 $0
CAROL M EDWARDS Board Member 0.00
Officer Director
$0 $0 $0
Jamye Freeman President 0.00
Officer Director
$0 $0 $0
Greer Gill Vice President 0.00
Officer Director
$0 $0 $0
Grant Pulse Secretary 0.00
Officer Director
$0 $0 $0
ANN WAGNER BOARD MEMBER 0.00
Officer Director
$0 $0 $0
BOB HARDIN TREASURER 0.00
Officer Director
$0 $0 $0
Karen Guy Board Member 0.00
$0 $0 $0
Mary Logan BOARD MEMBER 0.00
$0 $0 $0
Bob Strasser Board Member 0.00
$0 $0 $0
TIRRI PARKER Board Member 0.00
$0 $0 $0
Julie Giles Finance Director 0.00
$0 $0 $0
DAN STRASSER BOARD MEMBER 0.00
$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 $84,441 $64,579 $253,611 $19,862
2023 $31,741 $28,422 $211,259 $3,319
2023 $9,173 $14,635 $209,116 $-5,462
2022 $24,813 $19,751 $207,940 $5,062
2021 $30,729 $3,317 $198,567 $27,412
2020 $20,152 $23,552 $169,146 $-3,400
2019 $20,091 $21,026 $172,546 $-935
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