Frist Art Museum is a 501(c)(3) organization based in Nashville, Tennessee, registered in 1998, with $18,215,760 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$18.2M
▲ 12.5% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$14.6M
Net assets
$37.3M
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Frist Art Museum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Frist Art Museum: 31 mo reserves · +20% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Frist Art Museum— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Frist Art Museum: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $12.0M (FY2013) to $18.2M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
19.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$40.3M
Total liabilities
$3.0M
Net assets
$37.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $18,215,760▲12.5% | $14,586,157▲9.6% | $37,268,966▲12.2% | $40,283,377▲13.8% | 990 |
| 2023 | $16,190,320▼6.0% | $13,314,347▲5.3% | $33,205,597▲8.2% | $35,413,391▲7.4% | 990 |
| 2022 | $17,227,552▲11.5% | $12,646,169▼1.3% | $30,695,584▲9.0% | $32,978,116▲9.7% | 990 |
| 2021 | $15,454,781▲25.9% | $12,816,142▲8.5% | $28,162,574▲9.6% | $30,068,283▲10.4% | 990 |
| 2020 | $12,277,490▼19.6% | $11,816,020▼11.0% | $25,685,787▲4.2% | $27,247,403▲0.2% | 990 |
| 2019 | $15,270,030▲8.4% | $13,283,485▲4.1% | $24,651,953▲6.1% | $27,200,427▲7.7% | 990 |
| 2018 | $14,083,224▲8.4% | $12,759,220▲14.3% | $23,237,726▲2.3% | $25,262,845▲3.1% | 990 |
| 2017 | $12,991,208▲2.6% | $11,161,208▼12.7% | $22,713,231▲6.4% | $24,509,505▲8.3% | 990 |
| 2016 | $12,666,457▲6.7% | $12,779,472▼0.5% | $21,345,608▼3.4% | $22,636,368▼2.9% | 990 |
| 2015 | $11,868,537▼1.0% | $12,846,369▲0.6% | $22,100,224▼7.9% | $23,301,186▼8.0% | 990 |
| 2014 | $11,990,028▼0.1% | $12,775,757▲14.2% | $23,995,097▼5.6% | $25,326,079▼5.4% | 990 |
| 2013 | $11,999,567 | $11,186,160▼0.3% | $25,420,552▲1.3% | $26,774,154▲0.5% | 990 |
| 2012 | — | $11,225,255▼12.7% | $25,091,127▼2.8% | $26,641,485▼2.4% | 990 |
| 2011 | — | $12,858,074▼6.7% | $25,820,397▼3.3% | $27,304,965▼3.4% | 990 |
| 2010 | — | $13,781,465 | $26,695,682 | $28,252,237 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
392 grants to Frist Art Museum totaling $3.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Community Fdn of Middle Tn Inc | For annual dues. | 2024 | $50,000 |
| American Endowment Foundation | Arts, culture | 2024 | $30,750 |
| American Online Giving Foundation Inc | General support | 2024 | $22,500 |
| The Community Fdn of Middle Tn Inc | For general support | 2024 | $10,000 |
| The Community Fdn of Middle Tn Inc | Operating support | 2024 | $10,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Arts and culture | 2024 | $10,000 |
| The Community Fdn of Middle Tn Inc | To provide annual support | 2024 | $10,000 |
| The Blackbaud Giving Fund | General support | 2024 | $10,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $6,000 |
| The Community Fdn of Middle Tn Inc | For frist gala. | 2024 | $5,000 |
| The Community Fdn of Middle Tn Inc | Support for the frist gala at the patron level | 2024 | $5,000 |
| The Community Fdn of Middle Tn Inc | For support for the frist gala at the patron level | 2024 | $5,000 |
| The Community Fdn of Middle Tn Inc | In support of the frist patrons event | 2024 | $5,000 |
| The Community Fdn of Middle Tn Inc | 2024 frist gala patron sponsorship - delta society (donation only-decline benefits) | 2024 | $5,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $63,700 |
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Data for Frist Art Museum (EIN 62-1731492) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.