Skip to content
Nonprofiteer
← DOLLYWOOD FOUNDATION

Form 990 for tax year 2023

Filed by DOLLYWOOD FOUNDATION.

Totals

Total revenue
$78,447,198
Total expenses
$63,879,132
Contributions and grants received
$16,502,720
Grants paid
$254,687
Program service revenue
$60,427,184
Investment income
$1,506,114
Other revenue
$11,180
Total assets, end of year
$51,822,822
Total liabilities, end of year
$20,037,349
Net assets or fund balances, end of year
$31,785,473
Program services expenses (Part IX)
$63,290,209
Management and general expenses
$536,547
Fundraising expenses
$52,376
Program service expenses (Part III)
$63,290,209

Program services were 99.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $16,502,720

  • 2a · Program service revenue: IMAGINATION LIBRARY PROGRAM

    total $60,427,184 · related or exempt $60,427,184

  • 3 · Investment income

    total $1,527,776 · related or exempt $1,527,776

  • 7a · Gross sales of assets other than inventory

    securities $1,945,906

  • 7b · Less cost or other basis and sales expenses

    securities $1,967,568

  • 7c · Gain or loss

    securities -$21,662

  • 7d · Net gain or loss

    total -$21,662 · related or exempt -$21,662

  • 11a · Other revenue: DOCUMENTARY INCOME

    total $6,435 · related or exempt $6,435

  • 11b · Other revenue: OTHER MISCELLANEOUS INCOME

    total $4,080 · related or exempt $4,080

  • 11c · Other revenue: REBATE / REFUND INCOME

    total $665 · related or exempt $665

  • 11e · Other revenue, total

    $11,180

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $25,000 · program services $25,000

  • 2 · Grants to domestic individuals

    total $82,297 · program services $82,297

  • 3 · Grants to foreign organizations and individuals

    total $147,390 · program services $147,390

  • 5 · Compensation of officers, directors and key employees

    total $397,932 · program services $195,959 · management and general $187,426 · fundraising $14,547

  • 7 · Other salaries and wages

    total $1,349,951 · program services $1,264,747 · management and general $64,307 · fundraising $20,897

  • 8 · Pension plan contributions

    total $103,980 · program services $86,896 · management and general $14,975 · fundraising $2,109

  • 9 · Other employee benefits

    total $266,129 · program services $222,404 · management and general $38,328 · fundraising $5,397

  • 10 · Payroll taxes

    total $124,762 · program services $104,264 · management and general $17,968 · fundraising $2,530

  • 11b · Fees: legal

    total $81,644 · management and general $81,644

  • 11c · Fees: accounting

    total $26,800 · management and general $26,800

  • 12 · Advertising and promotion

    total $90,927 · program services $90,927

  • 13 · Office expenses

    total $103,052 · program services $73,859 · management and general $26,032 · fundraising $3,161

  • 16 · Occupancy

    total $100,000 · program services $75,724 · management and general $21,033 · fundraising $3,243

  • 17 · Travel

    total $104,914 · program services $104,914

  • 22 · Depreciation, depletion and amortization

    total $31,275 · program services $28,439 · management and general $2,457 · fundraising $379

  • 23 · Insurance

    total $13,623 · program services $6,054 · management and general $7,456 · fundraising $113

  • 24a · Other expenses: BOOKS - EXPENSE

    total $37,625,155 · program services $37,625,155

  • 24b · Other expenses: MAILING - EXPENSE

    total $21,122,559 · program services $21,122,559

  • 24c · Other expenses: CONTRACT LABOR

    total $852,845 · program services $852,845

  • 24d · Other expenses: LICENSE PLATES EXPENSE

    total $209,710 · program services $209,710

  • 24e · All other expenses

    total $1,019,187 · program services $971,066 · management and general $48,121

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $20,891,389 · end of year $26,397,389

  • 2 · Savings and temporary cash investments

    beginning of year $240,519 · end of year $10,413,259

  • 4 · Accounts receivable

    beginning of year $316,907 · end of year $825,265

  • 8 · Inventories for sale or use

    beginning of year $106,735 · end of year $181,716

  • 10a · Land, buildings and equipment: cost or other basis

    $2,046,953

  • 10b · Land, buildings and equipment: accumulated depreciation

    $126,257

  • 10c · Land, buildings and equipment, net

    beginning of year $306,002 · end of year $1,920,696

  • 11 · Investments: publicly traded securities

    beginning of year $10,568,148 · end of year $11,360,102

  • 15 · Other assets

    beginning of year $805,187 · end of year $724,395

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,858,204 · end of year $5,804,321

  • 19 · Deferred revenue

    beginning of year $10,832,714 · end of year $13,292,797

  • 25 · Other liabilities

    beginning of year $988,525 · end of year $940,231

  • 27 · Net assets without donor restrictions

    beginning of year $16,137,366 · end of year $31,383,382

  • 28 · Net assets with donor restrictions

    beginning of year $418,078 · end of year $402,091

Mission and programs · 2023

Mission

TO SHARE THE LIFE AND LEGACY OF DOLLY PARTON AS AN INSPIRATION TO ALL CHILDREN TO DREAM MORE, LEARN MORE,CARE MORE AND BE MORE.

  • DOLLY PARTON'S IMAGINATION LIBRARY MAILS FREE, HIGH-QUALITY BOOKS TO CHILDREN FROM BIRTH UNTIL THEY BEGIN SCHOOL, NO MATTER THEIR FAMILY'S INCOME. IN 2022, IMAGINATION LIBRARY MAILED OVER 24 MILLION BOOKS TO CHILDREN IN ALL 50 STATES.

    Expenses $63,182,912 · Grants $147,390 · Revenue $60,427,184

  • MY PEOPLE FUND AND MOUNTAIN TOUGH RECOVERY TEAM - TO PROVIDE RELIEF TO PERSONS HARMED BY WILDFIRES IN THE LOCAL COMMUNITY. DURING THE YEAR ENDED DECEMBER 31, 2022, THE DOLLYWOOD FOUNDATION PROVIDED 50,000 TO SUPPORT RECOVERY EFFORTS.

    Expenses $25,000 · Grants $25,000

  • SCHOLARSHIPS - TO PROVIDE COLLEGE SCHOLARSHIPS TO LOCAL HIGH SCHOOL SENIORS. DURING THE YEAR ENDED DECEMBER 31, 2022, SCHOLARSHIPS WERE PROVIDED TO 21 INDIVIDUALS.

    Expenses $82,297 · Grants $82,297

As filed on the 2023 return.

Listed in Part VII

  • Jeff Conyers

    PRESIDENT

    Total calculated
    $290,931
    From this org
    $290,931
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $290,931
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $290,931

  • Dolly Parton

    CHAIR

    Total calculated
    $0

  • Ted Miller

    VICE CHAIR

    Total calculated
    $0

  • David Dotson

    VP & SECRETA

    Total calculated
    $0

  • Eugene Naughton

    TREASURER

    Total calculated
    $0

  • Ken Bell

    DIRECTOR

    Total calculated
    $0

  • Rachel Parton George

    DIRECTOR

    Total calculated
    $0

  • Crissy Haslam

    DIRECTOR

    Total calculated
    $0

  • Charles Kite

    DIRECTOR

    Total calculated
    $0

  • Joel Manby

    DIRECTOR

    Total calculated
    $0

  • Edna Rogers

    DIRECTOR

    Total calculated
    $0

  • Byron Trauger

    DIRECTOR

    Total calculated
    $0

  • Andrew Wexler

    DIRECTOR

    Total calculated
    $0

  • Norrine Briggs

    EXECUTIVE DI

    Total calculated
    $168,000
    From this org
    $168,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $168,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported
    Nontaxable benefits
    not reported
    Filer's total
    $168,000

  • Theresa Long

    DIR. OF MARK

    Total calculated
    $139,315
    From this org
    $139,315
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Samuel Wolfe

    DIR. OF OPER

    Total calculated
    $133,000
    From this org
    $133,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Ethan Taylor

    DIR. OF FINA

    Total calculated
    $107,000
    From this org
    $107,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2023
Filed
29 August 2024
IRS schema version
2023v5.0
Source object
202442429349300344

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.