Intersection
Nonprofit profile at a glance
- EIN
- 471855210
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2015
- Location
- Nashville, TN, USA
- Phone
- 6173599296
- Rating
- 92
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Music
Reported finances
- Revenue
- $75,295
- Expenses
- $79,062
- Assets
- $55,631
- Liabilities
- $897
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- JOHN MANSON (PRESIDENT)
- BRIAN GARLAND (VICE PRESIDENT)
People named in this filing
- KELLY CORCORAN (EX-OFFICIO, ARTISTIC DIRECTOR)
- JOHN MANSON (PRESIDENT)
- BRIAN GARLAND (VICE PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The primary purpose of intersection is to expand and shift the perspectives of audiences and musicians of all ages, through the creation, cultivation, and performance of contemporary music, a vital, thriving, and inspiring form of art.
What it reported doing in 2024
Contemporary music performances and commissions of new works: creation of virtual content for use by educators and families, community partnerships supporting new music as a means of human expression, lullaby project working with new moms to write new music for their children, and outdoor community parks concerts.
Operating model
- Revenue model
- Donor-supported. 94% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 100
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 91.3%; rating input score 91
- Program expense ratio: 87%; rating input score 87
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -5%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.7; rating input score 37; 37th percentile among comparable filings
- Liabilities to assets ratio: 0.02; rating input score 27; 27th percentile among comparable filings
- Officer compensation ratio: 36.7%; rating input score 5; 5th percentile among comparable filings
Growth
- Program expense growth: 15.9% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 32.9% per year; rating input score 100; 92nd percentile among comparable filings
Details
- Where the money goes: 91.3% of revenue deployed · 87% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $69K in reported program spending
- Leadership: top reported pay $0 · 12 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 7 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Sustainability: Operating margin scored 36/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 37/100.
- High — Sustainability: Officer compensation ratio scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 27/100.