Nashville Symphony Association
Income Statement
Fiscal Year Start:
Aug 1
Revenues in 2024
$32,045,277
Contributions
45%
Program Services
32%
Other
14%
Fundraising Events
5%
Government Grants
2%
Investments
2%
Membership Dues
<1%
Expenses in 2024
$32,671,348
Salaries & Benefits
51%
Fees to Service Providers
24%
Other
12%
Depreciation
6%
Advertising & Promotion
3%
Offices, Occupancy & IT
2%
Interest
1%
Grants
<1%
Benefits to Members
0%
Revenues
2023
2024
Change
Contributions
$8,488,951
$14,567,794
+72%
Government Grants
$1,238,493
$740,832
-40%
Fundraising Events
$1,590,129
$1,451,309
-9%
Program Services
$8,802,712
$10,359,822
+18%
Membership Dues
$8,700
$9,800
+13%
Investments
$569,660
$574,145
+1%
Other
$1,304,289
$4,341,575
+233%
Total Revenues
$22,002,934
$32,045,277
+46%
Expenses
2023
2024
Change
Grants
$34,675
$40,809
+18%
Benefits to Members
$0
$0
-
Salaries & Benefits
$15,460,159
$16,731,535
+8%
Fees to Service Providers
$5,157,485
$7,874,386
+53%
Advertising & Promotion
$959,727
$1,081,427
+13%
Offices, Occupancy & IT
$1,715,546
$780,638
-54%
Interest
$456,229
$455,065
0%
Depreciation
$1,880,143
$1,838,710
-2%
Other
$3,476,706
$3,868,778
+11%
Total Expenses
$29,140,670
$32,671,348
+12%
Net income
2023
2024
Change
Net income
-$7,137,736
-$626,071
+91%
Functional Expenses
Summary
2023
2024
Change
Program
$24,072,162
$27,008,058
+12%
Admin
$2,966,365
$3,683,825
+24%
Fundraising
$2,102,143
$1,979,465
-6%
Total Expenses
$29,140,670
$32,671,348
+12%
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