AMERICANA MUSIC FOUNDATION

EIN: 831867430 501(c)(3) Arts, Culture & Humanities

NASHVILLE, TN

Total Revenue
$492,834
Total Expenses
$799,775
Total Assets
$642,224
Net Assets
$355,917
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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
2018
Legal Domicile
TN
Principal Officer
KURT VITOLO
Phone
6153205101
Tax Period
2023-01-01 to 2023-12-31

AMERICANA MUSIC FOUNDATION, founded in 2018, is a small nonprofit in the Arts, Culture & Humanities sector that reported $493K in total revenue in fiscal year 2023. Revenue fell 49% from the prior year — a significant decline worth monitoring. Expenses of $800K exceeded revenue, resulting in a 62% operating deficit.

Mission

THE ORGANZIATION CURATES AN ANNUAL CONFERENCE INCLUDING PANEL DISCUSSIONS AND MUSICAL PERFORMANCES. WORKS ON ARCHIVING MUSICAL HISTORY. PRESENTS EVENTS SHOWCASING MUSICAL TALENT.

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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 (2023)

Revenue Breakdown

Contributions & Grants $318,871
Program Service Revenue $163,326
Investment Income $10,637
Other Revenue $0
TOTAL REVENUE $492,834

Expense Breakdown

Grants Paid $0
Salaries & Benefits $281,168
Fundraising Expenses $43,763
Program Expenses $426,719
Other Expenses $485,832
TOTAL EXPENSES $799,775

Year-over-Year Comparison

2023 2022 Change
Revenue $492,834 $969,053 -0.5%
Expenses $799,775 $464,703 +0.7%
Net Income $-306,941 $504,350 -1.6%
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
11
Independent Members
10
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
3
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KURT VITOLO Treasurer 1.00
Officer Director
$0 $0 $0
JOHN D MAY Vice President 1.00
Officer Director
$0 $0 $0
LORI BADGET Secretary 1.00
Officer Director
$0 $0 $0
GARTH FUNDIS BOARD MEMBER 1.00
Director
$0 $0 $0
GERALD JED HILLY Executive Dir. 5.00
Director
$0 $0 $0
JONATHAN TAPLIN President 0.00
Director
$0 $0 $0
STEVE SMITH BOARD MEMBER 0.00
Director
$0 $0 $0
RHIANNON GIDDENS BOARD MEMBER 0.00
Director
$0 $0 $0
BRANDI CARLILE BOARD MEMBER 0.00
Director
$0 $0 $0
T BONE BURNETTE BOARD MEMBER 0.00
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
2024 No data No data No data No data
2023 $492,834 $799,775 $642,224 $-306,941
2022 $969,053 $464,703 $667,823 $504,350
2021 $289,742 $346,466 $162,626 $-56,724
2020 $456,740 $266,503 $231,804 $190,237
2019 $196,056 $242,172 $11,784 $-46,116
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