Music City Prep Clinic
97% goes to programs $0 to raise $100 Growing revenue
Music City Prep Clinic is a 501(c)(3) organization based in Nashville, Tennessee, registered in 2017, with $79,866,335 in FY2024 revenue. CharityIndex grades it A+, and it directs about 97% of spending to programs.
501 28th Ave N, Nashville, TN, 37209 EIN 82-1619750 Since 2017
Revenue (FY2024)
$79.9M
▲ 34.3% vs prior year
Health median: $840K
Expenses (FY2024)
$76.4M
Net assets
$21.5M
Employees
1
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating97% to programs · $0 to raise $100
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. For Music City Prep Clinic: 97% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating3 mo reserves · +4% margin
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 Music City Prep Clinic: 3 mo reserves · +4% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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. For Music City Prep Clinic: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
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 Music City Prep Clinic: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To empower tennesseans and kentuckians to live an hiv-free life through prep medication, education, anti-stigma campaigns, and support.
What they do
Grants are awarded based on the organization's alignment with the mission of mcpc, decided upon by the mcpc board of directors. for the 2024-2025 fiscal year we have given grants to other non-profit organizations in the amount of 433,250 and to individuals in the amount of 29,824. we budgeted 1,700,000 for grants to non-profit organizations for the 2025- 2026 fiscal year.
Contact & location
- Address
- 501 28th Ave N, Nashville, TN, 37209
- City
- Nashville
- State
- Tennessee
- Category
- Health Care
- Subcategory
- Clinics & Primary Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $1.5M (FY2018) to $79.9M (FY2024) across 7 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $12.6MNet assets $21.5M
Operating margin
4.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$34.0M
Total liabilities
$12.6M
Net assets
$21.5M
Salaries & benefits
$299K
0% of expenses
Board members
6
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $79,866,335▲34.3% | $76,445,196▲37.1% | $21,456,033▲19.3% | $34,016,157▲24.3% | 990 |
| 2023 | $59,467,501▲27.8% | $55,766,349▲21.1% | $17,986,892▲25.9% | $27,376,609▲19.9% | 990 |
| 2022 | $46,529,446▲0.5% | $46,051,163▲1.9% | $14,285,740▼2.2% | $22,830,527▼6.2% | 990 |
| 2021 | $46,316,294▲38.3% | $45,213,239▲78.3% | $14,601,759▲7.3% | $24,330,641▲27.1% | 990 |
| 2020 | $33,479,766▲121% | $25,362,244▲149% | $13,603,482▲146% | $19,149,092▲195% | 990 |
| 2019 | $15,157,624▲940% | $10,186,301▲912% | $5,528,468▲1102% | $6,486,528▲1298% | 990 |
| 2018 | $1,457,348 | $1,006,259 | $460,105 | $464,141 | 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.
Leadership & compensation (FY2024)
Highest-paid: Richard C Mackinnon — $219,699 (0.29% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Richard C Mackinnon | President | 40 | $219,699 |
| Alan Stevenson | Secretary | 1 | — |
| Edward Kleine | Treasurer | 1 | — |
| Joseph G Taylor | Vice Preside | 1 | — |
| Kevin W Teets Jr | Director At | 1 | — |
| Phil Suiter | Director At | 1 | — |
| Steve B Golab | President (i | 36 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Greenfield Worx LLC | Prep Assistance | $678,072 |
| Chad Smith | Custom Clothing | $162,189 |
| Merxern LLC | It/software | $144,366 |
| Solaren Risk Management LLC | Security | $143,167 |
| Bass Berry & Sims Plc | Legal | $116,202 |
Grants received · $52K total
1 grant to Music City Prep Clinic totaling $52K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Vanderbilt University Medical Center | General | 2023 | $52,000 |
Grants made · $420K in FY2024
3 grants totaling $420K in FY2024. All grants made by Music City Prep Clinic →
| Recipient | Purpose | Amount |
|---|---|---|
| The Community Fdn of Middle Tn Inc | Grant program fund | $310,000 |
| We Are One Recovery | End spread of hiv | $100,000 |
| Tennessee Charitable Care Network | General support | $10,000 |
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Frequently asked questions
- Is Music City Prep Clinic a legitimate nonprofit?
- Yes. Music City Prep Clinic is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 82-1619750, based in Nashville, Tennessee. Donations are tax-deductible.
- What is Music City Prep Clinic's EIN?
- Music City Prep Clinic's Employer Identification Number (EIN) is 82-1619750.
- How much revenue does Music City Prep Clinic report?
- Music City Prep Clinic reported $79,866,335 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Music City Prep Clinic's spending goes to programs?
- Music City Prep Clinic spends about 97% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Music City Prep Clinic have?
- CharityIndex grades Music City Prep Clinic A+, based on program efficiency and fundraising cost.
- How much does Music City Prep Clinic's highest-paid employee make?
- The highest reported compensation on Music City Prep Clinic's latest Form 990 is $219,699, paid to Richard C Mackinnon (President).
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Explore more
Data for Music City Prep Clinic (EIN 82-1619750) 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.