HISTORIC CAPITOL CORRIDOR FOUNDATION

EIN: 833466359 501(c)(3) Arts, Culture & Humanities

Nashville, TN

Total Revenue
$211,118
Total Expenses
$257,755
Total Assets
$56,469
Net Assets
$56,469
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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
TN
Principal Officer
Ann Butterworth
Phone
6153459200
Tax Period
2022-01-01 to 2022-12-31

HISTORIC CAPITOL CORRIDOR FOUNDATION, founded in 2019, is a small nonprofit in the Arts, Culture & Humanities sector that reported $211K in total revenue in fiscal year 2022. Revenue decreased 8% compared to the prior year. Expenses of $258K exceeded revenue, resulting in a 22% operating deficit.

Mission

The corporation engages a public space planning vendor to conduct public input exercises and execute a plan to enhance the historical, cultural, educational and architectural value of the corridor between the Tennessee State Capitol Building (site of the deciding Suffrage vote of 1920), Anne Dallas Dudley Parkway (a major figure in the Suffrage movement) and the Nashville Public Library, home of the Civil Rights Room and Suffrage Room.

Program Service Accomplishments

Program 1
Expenses: $90,233 Revenue: $211,118

All program service expenses reported in Part IX, line 25 support park planning and public outreach activities related to the Historic Capitol Corridor Foundation's mission. Such activities included...

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All program service expenses reported in Part IX, line 25 support park planning and public outreach activities related to the Historic Capitol Corridor Foundation's mission. Such activities included public programming for the historically significant Church Street Park and Capitol Corridor - the blocks housing the Tennessee State Capitol Building, the Historic Hermitage Hotel, Anne Dallas Dudley Boulevard (honoring a significant figure in the Women's Suffrage movement) and the Nashville Public Library, site of the Civil Rights and Suffrage Room. Public input, originally sought through multiple public meetings, continues through in-park and online surveys, chats, comment sheets, etc. Subjects covered are preferred programming, building out community involvement in programming, and suggested upgrades to the facility. Long-term and annual budgets continue to be developed for Park planning purposes.

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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 (2022)

Revenue Breakdown

Contributions & Grants $211,118
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $211,118

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $90,233
Other Expenses $257,755
TOTAL EXPENSES $257,755

Year-over-Year Comparison

2022 2021 Change
Revenue $211,118 $230,550 -0.1%
Expenses $257,755 $375,019 -0.3%
Net Income $-46,637 $-144,469 -0.7%
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
6
Independent Members
N/A
Employees
N/A
Volunteers
2

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
2
$0
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Ann Butterworth President 5
Officer Director
$0 $0 $0
Dee Patel Director, Treasurer 3
Officer Director
$0 $0 $0
Hal Hardin Director 1
Director
$0 $0 $0
Lee Molette Director 1
Director
$0 $0 $0
Cary Slatery Director 3
Director
$0 $0 $0
Ivanetta Davis Samuels Director 1
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
2022 $211,118 $257,755 $56,469 $-46,637
2021 $230,550 $375,019 $103,106 $-144,469
2020 $501,000 $347,973 $247,575 $153,027
2019 $250,050 $155,502 $94,548 $94,548
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