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Nonprofiteer
← NASHVILLE PUBLIC RADIO

Form 990 for tax year 2023

Filed by NASHVILLE PUBLIC RADIO.

Totals

Total revenue
$8,036,857
Total expenses
$8,137,715
Contributions and grants received
$7,443,897
Grants paid
$0
Program service revenue
$0
Investment income
$442,506
Other revenue
$150,454
Total assets, end of year
$21,020,924
Total liabilities, end of year
$1,248,530
Net assets or fund balances, end of year
$19,772,394
Program services expenses (Part IX)
$5,225,982
Management and general expenses
$779,454
Fundraising expenses
$2,132,279
Program service expenses (Part III)
$5,225,982

Program services were 64.2% 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.

  • 1b · Membership dues

    $3,587,373

  • 1e · Government grants (contributions)

    $766,513

  • 1f · All other contributions, gifts and grants

    $3,090,011

  • 3 · Investment income

    total $257,655 · excluded $257,655

  • 7a · Gross sales of assets other than inventory

    securities $1,133,695 · other assets $160,206

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

    securities $1,063,220 · other assets $45,830

  • 7c · Gain or loss

    securities $70,475 · other assets $114,376

  • 7d · Net gain or loss

    total $184,851 · excluded $184,851

  • 11a · Other revenue: MISCELLANEOUS

    total $150,454 · related or exempt $150,454

  • 11e · Other revenue, total

    $150,454

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $1,022,035 · program services $343,511 · management and general $356,553 · fundraising $321,971

  • 7 · Other salaries and wages

    total $2,901,240 · program services $2,336,397 · management and general $98,065 · fundraising $466,778

  • 8 · Pension plan contributions

    total $143,442 · program services $110,927 · management and general $4,343 · fundraising $28,172

  • 9 · Other employee benefits

    total $317,627 · program services $252,660 · management and general $36,929 · fundraising $28,038

  • 10 · Payroll taxes

    total $279,091 · program services $195,300 · management and general $30,502 · fundraising $53,289

  • 11b · Fees: legal

    total $22,600 · management and general $22,600

  • 11c · Fees: accounting

    total $40,910 · management and general $40,910

  • 11f · Fees: investment management

    total $52,360 · management and general $52,360

  • 11g · Fees: other

    total $1,075,704 · program services $252,563 · management and general $53,906 · fundraising $769,235

  • 13 · Office expenses

    total $224,383 · program services $55,994 · management and general $7,413 · fundraising $160,976

  • 14 · Information technology

    total $222,094 · program services $131,666 · management and general $23,657 · fundraising $66,771

  • 16 · Occupancy

    total $118,771 · program services $84,392 · management and general $7,267 · fundraising $27,112

  • 17 · Travel

    total $21,740 · program services $10,227 · management and general $4,629 · fundraising $6,884

  • 22 · Depreciation, depletion and amortization

    total $247,859 · program services $176,103 · management and general $11,567 · fundraising $60,189

  • 23 · Insurance

    total $60,550 · program services $46,935 · management and general $923 · fundraising $12,692

  • 24a · Other expenses: NATIONAL PUBLIC RADIO F

    total $688,193 · program services $688,193

  • 24b · Other expenses: OTHER NATIONAL PROGRAM

    total $181,029 · program services $181,029

  • 24c · Other expenses: TOWER EXPENSES

    total $141,286 · program services $140,836 · management and general $436 · fundraising $14

  • 24d · Other expenses: RECRUITMENT AND TRAININ

    total $92,345 · program services $28,626 · management and general $20,964 · fundraising $42,755

  • 24e · All other expenses

    total $284,456 · program services $190,623 · management and general $6,430 · fundraising $87,403

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $2,152,320 · end of year $1,572,609

  • 3 · Pledges and grants receivable

    beginning of year $100,165 · end of year $104,754

  • 4 · Accounts receivable

    beginning of year $293,545 · end of year $1,024,079

  • 9 · Prepaid expenses and deferred charges

    beginning of year $63,904 · end of year $82,057

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

    $5,558,187

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

    $3,175,176

  • 10c · Land, buildings and equipment, net

    beginning of year $2,562,075 · end of year $2,383,011

  • 12 · Investments: other securities

    beginning of year $9,457,047 · end of year $9,911,816

  • 15 · Other assets

    beginning of year $5,995,856 · end of year $5,942,598

  • 17 · Accounts payable and accrued expenses

    beginning of year $584,037 · end of year $554,722

  • 19 · Deferred revenue

    beginning of year $243,571 · end of year $148,215

  • 25 · Other liabilities

    beginning of year $555,346 · end of year $545,593

  • 27 · Net assets without donor restrictions

    beginning of year $9,826,806 · end of year $9,889,992

  • 28 · Net assets with donor restrictions

    beginning of year $9,415,152 · end of year $9,882,402

Mission and programs · 2023

Mission

NASHVILLE PUBLIC RADIO'S MISSION IS TO BE THE MOST TRUSTED & INDEPENDENT NASHVILLE VOICE, CONNECTING OUR COMMUNITIES THROUGH NON-PARTISAN JOURNALISM, COMPELLING STORYTELLING, CIVIL CONVERSATION AND MUSIC DISCOVERY.

Activities or mission (Part I)

NASHVILLE PUBLIC RADIO IS A NON-PROFIT, NON-COMMERCIAL PUBLIC MEDIA SERVICE. NASHVILLE PUBLIC RADIO'S MISSION IS TO CREATE AND DELIVER CONTENT ESSENTIAL TO UNDERSTANDING YOUR WORLD.

  • OPERATIONS OF NON-COMMERICAL BROADCASTING STATIONS PRESENTING EDUCATIONAL, CULTURAL, AND PUBLIC INTEREST PROGRAMMING IN THE MIDDLE TENNESSEE AREA. ONLINE STREAMING, WEB CONTENT AND LOCALLY PRODUCED PODCASTS ARE AVAILABLE TO BROADEN THE SCOPE AND DEPTH OF OUR SERVICES.

    Expenses $5,225,982 · Revenue $150,454

As filed on the 2023 return.

Listed in Part VII

  • STEVE SWENSON

    PRESIDENT & CEO

    Total calculated
    $306,389
    From this org
    $247,327
    From related orgs
    $0
    Other
    $59,062
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $247,327
    Bonus
    $0
    Other
    $0
    Deferred
    $30,268
    Nontaxable benefits
    $28,794
    Filer's total
    $306,389

  • NEIL THORNE

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • CLAIRE GULMI

    FINANCE BOARD CHAIR

    Total calculated
    $0
    Hours/week
    0.5

  • ANN SHAYNE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • ASHLEE DAVIS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • BYRON TRAUGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • CAROLINE WILLIAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • CHRISTOPHER BARKLEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • CLAUDIO MOSSE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • ERIC HOLT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • FAHAD TAHIR

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JEFF FREUDE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JIM FLAUTT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • JOHARI MATTHEWS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • KATY VARNEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • MELODY FOWLER-GREEN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • SALLY WILLIAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • SCOTT CLAYTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • SUSAN LANIGAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • TRACEY ROYAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • MICHAEL ROBERTSON

    DIRECTOR OF FINANCE

    Total calculated
    $131,729
    From this org
    $120,648
    From related orgs
    $0
    Other
    $11,081
    Hours/week
    40

  • ROB SANCHEZ

    COO

    Total calculated
    $98,322
    From this org
    $86,412
    From related orgs
    $0
    Other
    $11,910
    Hours/week
    40

  • CARL PEDERSEN

    SECRETARY, VP FINANCE/TECHNOLOGY

    Total calculated
    $167,905
    From this org
    $154,219
    From related orgs
    $0
    Other
    $13,686
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,219
    Bonus
    $0
    Other
    $0
    Deferred
    $13,320
    Nontaxable benefits
    $366
    Filer's total
    $167,905

  • KENDA LOVECCHIO

    VP OF DEVELOPMENT

    Total calculated
    $151,371
    From this org
    $127,427
    From related orgs
    $0
    Other
    $23,944
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $127,427
    Bonus
    $0
    Other
    $0
    Deferred
    $9,069
    Nontaxable benefits
    $14,875
    Filer's total
    $151,371

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

  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
26 March 2025
IRS schema version
2023v6.0
Source object
202510859349301531

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