The Preservation Society of Nashville

Nonprofit profile at a glance

EIN
873300922
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024
Location
Nashville, TN, USA
Phone
6155940602
Rating
66
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Historical Societies & Historic Preservation

Official website

Reported finances

Revenue
$145,293
Expenses
$124,624
Assets
$234,227
Liabilities
$7,468

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • KELLEIGH BANNEN (PRESIDENT)
  • COLSON HORTON (VICE PRESIDENT)
  • DAVID GREIDER (EXECUTIVE DIRECTOR)

People named in this filing

  • KELLEIGH BANNEN (PRESIDENT)
  • COLSON HORTON (VICE PRESIDENT)
  • NICK DRYDEN (BOARD MEMBER)

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 preservation of society of nashville protects and champions nashville's unique stories, neighborhoods, and architecture through education, advocacy, and historic preservation.

What it reported doing in 2024

The organization advocated for the preservation of the city of nashville's stories, neighborhoods and architecture through media, one-on-one communciations, meetings, and special events. This included creating educational materials for understanding of nashville's hisotric preservation's processes and events for engaging with nashville's historic assets.

Operating model

Revenue model
Donor-supported. 100% 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

SUPPORTED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 37
  • Transparency & Controls: 100
  • Sustainability: 59
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 34.5%; rating input score 35
  • Program expense ratio: 40.3%; rating input score 40

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: 14.2%; rating input score 66; 66th percentile among comparable filings
  • Total-asset coverage ratio: 1.88; rating input score 79; 79th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 33; 33rd percentile among comparable filings
  • Officer compensation ratio: 29.8%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: 57.3% per year; rating input score 100; 93rd percentile among comparable filings
  • Revenue growth: 1% per year; rating input score 100; 26th percentile among comparable filings
  • Asset growth: 26.2% per year; rating input score 100; 85th percentile among comparable filings

Details

  • Where the money goes: 34.5% of revenue deployed · 40.3% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $50K in reported program spending
  • Leadership: top reported pay $0 · 10 people listed
  • Consistency: 8 of 8 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 3 filing years from 2022 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 — Financial Efficiency: Mission deployment rate scored 35/100.
  • Moderate — Financial Efficiency: Program expense ratio scored 40/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 33/100.