2025-05-15T18:48:48-05:00 2024-06-30 620713250 KRAFTCPAS PLLC 555 GREAT CIRCLE ROAD NASHVILLE TN 37228 990 2023-07-01 621867910 THE NATIONAL MUSEUM OF AFRICAN AMERICAN MUSIC NATI 6153018724 510 BROADWAY NASHVILLE TN 37214 WILLIAM JEFFRIES EXECUTIVE DIRECTOR (START 4/25) 6153018724 2025-05-15 1 1 KEN YOUNGSTEAD P00320901 6152427351 2025-05-15 2023 2025-03-06 01:10:19Z WILLIAM JEFFRIES 510 BROADWAY NASHVILLE TN 37214 8527196 0 X NMAAM.ORG X 2001 TN TO PRESERVE AND CELEBRATE THE MUSIC CREATED, INFLUENCED, AND INSPIRED BY AFRICAN AMERICANS. 15 15 71 110 645785 405845 6601513 3995423 3001185 3235254 -3223 19056 1257461 1102459 10856936 8352192 112772 281179 0 0 3579930 3139958 0 0 1314001 6424725 6520471 10117427 9941608 739509 -1589416 37653620 34443716 12868612 11197054 24785008 23246662 X THE NATIONAL MUSEUM OF AFRICAN AMERICAN MUSIC'S MISSION IS TO EDUCATE THE WORLD, PRESERVE THE LEGACY, AND CELEBRATE THE CENTRAL ROLE AFRICAN AMERICANS PLAY IN CREATING THE AMERICAN SOUNDTRACK. 0 0 4256134 281179 3492215 NMAAM PROGRAMS COVER THE LIFE SPAN OF AUDIENCES FROM ELEMENTARY SCHOOLS UP THROUGH SENIOR POPULATIONS THROUGH BOTH IN PERSON AND LIVE STREAMED EXHIBITIONS, PODCASTS, PERFORMANCES, AND WORKSHOPS. DURING THE 2024 FISCAL YEAR, NMAAM WELCOMED MORE THAN 126,000 VISITORS THROUGH GENERAL ADMISSIONS. THE MUSEUM ALSO HAD MEMBERSHIP RENEWALS AS WELL AS NEW MEMBERSHIPS, TOTALING 979 DURING THE YEAR.FROM NOTHING TO SOMETHING (FN2S) IS DESIGNED TO ENGAGE YOUTH IN THE MUSICAL AND LYRICAL CONSTRUCTION OF AFRICAN AMERICAN MUSICAL TRADITIONS OF THE PAST AND HELP THEM UNDERSTAND SOCIETAL FACTORS THAT HAVE INFLUENCED THE CREATION/INNOVATION OF MUSIC BY AFRICAN AMERICANS. THROUGH FN2S, STUDENTS ARE ALSO ABLE TO CONNECT THE INSTRUMENT TO GEOGRAPHICAL LOCATIONS, CULTURAL ORIGINS, AND THE CONDITIONS OF HOW THE INSTRUMENT WAS USED IN AMERICA WITH EVERYDAY OBJECTS SUCH AS SPOONS AND CIGAR BOXES TO CREATE HARMONIZING MELODIES. INTERLUDES IS A FIVE-DAY CAMP DESIGNED TO TAKE PLACE AT THE NATIONAL MUSEUM OF AFRICAN AMERICAN MUSIC DURING FALL, WINTER, SPRING, AND SUMMER BREAKS. EACH FIVE-DAY CAMP WILL RUN THE EQUIVALENT OF AN EIGHT-HOUR SCHOOL DAY.NMAAM IMPLEMENTED RIVERS OF RHYTHM INSTITUTE FOR SOCIAL EDUCATION (RRISE) TO EDUCATORS IN A HYBRID FORMAT INCLUDING IN-PERSON AND VIRTUAL TO MAKE THIS PROGRAM ACCESSIBLE TO ALL. EDUCATORS LEARNED ABOUT HOW TO INFUSE CLASSROOM EXPERIENCES WITH ENGAGING STORIES AND TOOLS TO TEACH CORE CURRICULUM AND EXPAND THE WAY THEY AS EDUCATORS AND THEIR STUDENTS EXPERIENCE EVERYDAY LIVES WITH A NEW LENS THAT EXPOSES THE IMPACT OF AFRICAN AMERICANS. 4256134 1 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 108 0 1 71 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 TN X X MICHELLE COLQUITT 6153018724 510 BROADWAY NASHVILLE TN 37214 STACEY GARRETT KOJU BOARD CHAIR 1.00 X X 0 0 0 MONIQUE IDLETT MOSLEY BOARD VICE CHAIR 1.00 X X 0 0 0 BRET BABCOCK DIRECTOR (END 12/24) 1.00 X 0 0 0 LADONNA BOYD DIRECTOR (END 11/24) 1.00 X 0 0 0 SHERRI NEAL CROWLEY DIRECTOR 1.00 X 0 0 0 THOMAS G CURTIS DIRECTOR 1.00 X 0 0 0 ELICIA FELIX-HUGHEY DIRECTOR (8/23-5/24) 1.00 X 0 0 0 ROBERT FISHER DIRECTOR 1.00 X 0 0 0 KERI FLOYD KELLY DIRECTOR (START 4/24) 1.00 X 0 0 0 ROBIN LYON DIRECTOR 1.00 X 0 0 0 JERRY MAYNARD DIRECTOR 1.00 X 0 0 0 BRIAN SEXTON DIRECTOR (START 4/24) 1.00 X 0 0 0 MARIE SUEING DIRECTOR 1.00 X 0 0 0 BRETT SWEET DIRECTOR 1.00 X 0 0 0 PHIL THORNTON DIRECTOR 1.00 X 0 0 0 CAROLYN WILLIAMS DIRECTOR 1.00 X 0 0 0 DAMON WILLIAMS DIRECTOR 1.00 X 0 0 0 DYANA WILLIAMS DIRECTOR 1.00 X 0 0 0 JOSEPH PAGE BOARD INTERN (NON-VOTING) 1.00 X 0 0 0 JACOLBY ROBINSON BOARD INTERN (NON-VOTING) 1.00 X 0 0 0 HENRY HICKS III CEO (END 8/23) 40.00 X 266539 0 13321 C DION BROWN PRESIDENT & CEO (END 12/24) 40.00 X 224949 0 9697 WILLIAM JEFFRIES COO(END 11/24)/EXEC DIR (START 4/25) 40.00 X 164737 0 12184 JAMES MUNCH VP OF FINANCE (END 10/23) 40.00 X 133999 0 5758 RUSSELL HENLEY IT DIRECTOR 40.00 X 112173 0 10732 CANDICE JONES MARKETING DIRECTOR (END 3/24) 40.00 X 108215 0 399 1010612 0 52091 6 0 1 0 LIQUID SOUL MEDIA LLC 1024 HEMPHILL AVENUE B ATLANTA GA 30318 EVENT PLANNING 235562 SYNERGY SERVICES LLC 210B OMOHUNDRO PLACE NASHVILLE TN 37210 REPAIRS AND MAINTENANCE 135338 FEDERAL BUILDING SERVICES INC 1641 BARCLAY BLVD BUFFALO GROVE IL 60089 PORTER SERVICES 122156 YELLOWBRICK LEARNING INC 15 W 38TH ST 10TH FLOOR NEW YORK NY 10018 EDUCATIONAL CURRICULUM 112500 4 199400 573671 3222352 3995423 ADMISSIONS 900099 2445624 2445624 EVENT REVENUE 900099 685636 685636 MEMBERSHIP 900099 103994 103994 3235254 8160 8160 12712 1816 10896 10896 10896 3750 199400 1171 2579 2579 422195 172017 250178 250178 ADVERTISING 541800 645785 645785 INSURANCE PROCEEDS 900099 197134 197134 OTHER INCOME 900099 6783 6783 849702 8352192 3492215 645785 218769 281179 281179 600328 54733 326662 218933 2128941 861279 970536 297126 21334 12276 8592 466 194395 67871 91952 34572 194960 65946 92531 36483 24695 2336 22359 364549 364549 44284 22235 19308 2741 316111 238940 77171 627231 248532 374215 4484 182289 77405 80231 24653 894817 562766 235658 96393 221786 38537 138811 44438 978082 165396 812686 2166478 993030 789765 383683 101510 42648 43618 15244 PROGRAM EXPENSES 501883 501883 BAD DEBT EXPENSE 94153 19142 75011 FUNDRAISING 2603 2603 9941608 4256134 4371473 1314001 2335006 2853195 1177967 111055 2001151 1822047 566363 314176 90264 54819 99964 46753 188193 107649 119076 80544 117307 82350 31146522 29078777 37653620 34443716 548499 1189951 824428 900694 11309726 8997186 185959 109223 12868612 11197054 X 19723629 19274200 5061379 3972462 24785008 23246662 37653620 34443716 -1589416 51070 0 X X 0 1 X 1 0 X 16793730 8203951 6359621 6601513 3995423 41954238 16793730 8203951 6359621 6601513 3995423 41954238 4268570 37685668 0 2414 1065 627 8160 12266 0 0 193923 535390 408424 1137737 56525 646275 456 6783 710039 43814280 11473901 0.86010 0.88890 X SCHEDULE A, SECTION B, COLUMN D, LINE 9 PRIOR YEAR WAS LEFT BLANK, BUT SHOULD HAVE BEEN $535,390. CORRECTION MADE ON CURRENT YEAR RETURN. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X X EDUCATION 0 341113 25244 366357 344113 -3000 341113 408109 -63996 344113 347549 60560 408109 347361 188 347549 1.00000 0 0 188193 107649 80544 80544 BENEFICIAL INTEREST IN ASSETS AT COMMUNITY FOUNDATION OF MIDDLE TENNESSEE 366357 PROJECT DEVELOPMENT COSTS 28603197 RIGHT-OF-USE ASSET 109223 29078777 FINANCE LEASE LIABILITIES 109223 109223 X 8599397 51070 173188 224258 8375139 -22947 -22947 8352192 10137743 173188 173188 9964555 -22947 -22947 9941608 PART III, LINE 1A: IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTION HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF ARTIFACTS BY THE MUSEUM ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. THE COLLECTION WILL BE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FOR FINANCIAL GAIN. PROCEEDS FROM THE DISPOSALS OF COLLECTIONS ARE GENERALLY RECORDED AS INCREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES AND USED FOR THE CARE OF CURRENT COLLECTIONS OR THE ACQUISITION OF NEW COLLECTIONS. PART V, LINE 4: NMAAM ESTABLISHED AND HOLDS A BENEFICIAL INTEREST IN AN AGENCY ENDOWMENT FUND HELD BY CFMT. NMAAM HAS GRANTED VARIANCE POWER TO CFMT, AND CFMT HAS THE ULTIMATE AUTHORITY AND CONTROL OVER THE FUND AND THE INCOME DERIVED THEREFROM. THE FUND IS CHARGED A .4% ADMINISTRATIVE FEE BY CFMT ANNUALLY. UPON REQUEST BY NMAAM, INCOME MAY BE DISTRIBUTED TO NMAAM ANNUALLY. PART X, LINE 2: MANAGEMENT PERFORMS AN EVALUATION OF ALL INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE MUSEUM'S INCOME TAX RETURNS TO DETERMINE WHETHER THE INCOME TAX POSITIONS MEET A "MORE LIKELY THAN NOT" STANDARD OF BEING SUSTAINED UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITIES. MANAGEMENT HAS PERFORMED ITS EVALUATION OF ALL INCOME TAX POSITIONS TAKEN ON ALL OPEN INCOME TAX RETURNS AND HAS DETERMINED THAT THERE WERE NO POSITIONS TAKEN THAT DO NOT MEET THE "MORE LIKELY THAN NOT" STANDARD. ACCORDINGLY, THERE ARE NO PROVISIONS FOR INCOME TAXES, PENALTIES OR INTEREST RECEIVABLE OR PAYABLE RELATING TO UNCERTAIN INCOME TAX POSITIONS IN THE ACCOMPANYING CONSOLIDATED FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 172,017. DIRECT SPECIAL EVENT EXPENSES 1,171. PART XI, LINE 4B - OTHER ADJUSTMENTS: VENDOR REFUNDS -22,947. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 172,017. DIRECT SPECIAL EVENT EXPENSES 1,171. PART XII, LINE 4B - OTHER ADJUSTMENTS: VENDOR REFUNDS -22,947. MUSICAL GIFTS 203150 199400 3750 300 871 203150 199400 3750 300 871 1171 2579 0 RHYTHM & BLUES FOUNDATION GRANTS 35 281179 X X 0 0 0 0 0 0 0 0 0 HENRY HICKS III CEO (END 8/23) 266539 0 0 0 0 0 8334 0 4987 0 279860 0 0 0 C DION BROWN PRESIDENT & CEO (END 12/24) 214949 0 10000 0 0 0 8878 0 819 0 234646 0 0 0 WILLIAM JEFFRIES COO(END 11/24)/EXEC DIR (START 4/25) 154737 0 10000 0 0 0 6549 0 5635 0 176921 0 0 0 X 9 0 0 0 0 PART I, COLUMN (B): COLUMN B REPRESENTS THE NUMBER OF CONTRIBUTORS. PART I, LINE 33: IN CONFORMITY WITH ACCOUNTING POLICIES GENERALLY FOLLOWED BY ART MUSEUMS, THE VALUE OF THE MUSEUM'S COLLECTION HAS BEEN EXCLUDED FROM THE STATEMENT OF FINANCIAL POSITION, AND GIFTS OF ART OBJECTS ARE EXCLUDED FROM REVENUE IN THE STATEMENT OF ACTIVITIES. PURCHASES OF ARTIFACTS BY THE MUSEUM ARE RECORDED AS DECREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES. THE COLLECTION WILL BE MAINTAINED FOR PUBLIC EXHIBITION, EDUCATION, AND RESEARCH IN FURTHERANCE OF PUBLIC SERVICE RATHER THAN FOR FINANCIAL GAIN. PROCEEDS FROM THE DISPOSALS OF COLLECTIONS ARE GENERALLY RECORDED AS INCREASES IN NET ASSETS IN THE STATEMENT OF ACTIVITIES AND USED FOR THE CARE OF CURRENT COLLECTIONS OR THE ACQUISITION OF NEW COLLECTIONS. PER IRS INSTRUCTIONS, THE VALUE OF THE NONCASH ASSETS ON COLUMN C IS REPORTED AS 0 AND COLUMN D HAS BEEN LEFT BLANK. FORM 990, PART VI, SECTION B, LINE 11B TO BE REVIEWED BY EXECUTIVE COMMITTEE AND PROVIDED TO ALL BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C REVIEW DURING COMMITTEE AND DIRECTOR MEETINGS FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS OF DETERMINING COMPENSATION OF THE CEO IS HANDLED BY THE BOARD OF TRUSTEES ON AN ANNUAL BASIS. A REVIEW OF PERFORMANCE IS MADE, A RECOMMENDATION FOR PAY IS MADE, AND THEN THE BOARD WILL VOTE. THIS PROCESS OF DETERMINING COMPENSATIONS OF OFFICERS AND EMPLOYEES IS DETERMINED BY THE CEO AND VP FO HR AND IS COMPARED TO CURRENT MARKET DATA. FORM 990, PART VI, SECTION C, LINE 18 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS FROM THE PRIOR YEAR.