Civic Intelligence

Tennessee Association of Craft Artists

EIN 23-7309306 • 501(c)3 • Nashville, TN

Profile

The purpose of the tennessee association of craft artists is to encourage, promote, and connect crafts and crafts people in tennessee, working specifically through education, networking, and marketing.

PO Box 120066Nashville, TN 37212

www.tennesseecraft.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

73rd percentile

0.16x

Higher debt load relative to assets than 73% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

74th percentile

0.14x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

49th percentile

3.7%

Higher net margin than 49% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

76th percentile

$71,400

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 12.9% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

78th percentile

22%

Faster asset growth than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Revenue Growth

34th percentile

-3.4%

Faster revenue growth than 34% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2024 to 2025

Assets

Up

$490,009

Up $89,095 (+22%) from 2024

Liabilities

Up

$78,635

Up $52,271 (+198%) from 2024

Net Assets

Up

$411,374

Up $36,824 (+9.8%) from 2024

Revenue

Down

$552,087

Down $19,162 (-3.4%) from 2024

Expenses

Down

$531,756

Down $54,120 (-9.2%) from 2024

Net Income

Up

$20,331

Up $34,958 (+239%) from 2024

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2010: $114,561Liabilities 2010: $2,282Net Assets 2010: $112,2792010Assets 2011: $125,070Liabilities 2011: $4,333Net Assets 2011: $120,7372011Assets 2012: $126,823Liabilities 2012: $1,679Net Assets 2012: $125,1442012Assets 2013: $190,340Liabilities 2013: $4,053Net Assets 2013: $186,2872013Assets 2015: $205,627Liabilities 2015: $1,865Net Assets 2015: $203,7622015Assets 2016: $226,130Liabilities 2016: $9,463Net Assets 2016: $216,6672016Assets 2017: $251,827Liabilities 2017: $22,190Net Assets 2017: $229,6372017Assets 2018: $256,778Liabilities 2018: $15,827Net Assets 2018: $240,9512018Assets 2019: $267,751Liabilities 2019: $9,118Net Assets 2019: $258,6332019Assets 2020: $266,034Liabilities 2020: $63,101Net Assets 2020: $202,9332020Assets 2021: $252,133Liabilities 2021: $38,322Net Assets 2021: $213,8112021Assets 2022: $311,236Liabilities 2022: $2,161Net Assets 2022: $309,0752022Assets 2023: $412,900Liabilities 2023: $47,493Net Assets 2023: $365,4072023Assets 2024: $400,914Liabilities 2024: $26,364Net Assets 2024: $374,5502024Assets 2025: $490,009Liabilities 2025: $78,635Net Assets 2025: $411,3742025

Highlighted filing

2025

Assets$490,009
Liabilities$78,635
Net Assets$411,374

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2010: $343,110Expenses 2010: $329,964Net Income 2010: $13,1462010Expenses 2011: $360,1712011Expenses 2012: $386,6012012Expenses 2013: $414,3842013Revenue 2015: $466,704Expenses 2015: $442,248Net Income 2015: $24,4562015Revenue 2016: $470,244Expenses 2016: $457,339Net Income 2016: $12,9052016Revenue 2017: $512,678Expenses 2017: $500,918Net Income 2017: $11,7602017Revenue 2018: $497,063Expenses 2018: $486,661Net Income 2018: $10,4022018Revenue 2019: $520,556Expenses 2019: $503,730Net Income 2019: $16,8262019Revenue 2020: $374,711Expenses 2020: $431,041Net Income 2020: -$56,3302020Revenue 2021: $390,303Expenses 2021: $384,224Net Income 2021: $6,0792021Revenue 2022: $541,485Expenses 2022: $454,456Net Income 2022: $87,0292022Revenue 2023: $605,941Expenses 2023: $565,033Net Income 2023: $40,9082023Revenue 2024: $571,249Expenses 2024: $585,876Net Income 2024: -$14,6272024Revenue 2025: $552,087Expenses 2025: $531,756Net Income 2025: $20,3312025

Highlighted filing

2025

Revenue$552,087
Expenses$531,756
Net Income$20,331

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.90$0.79$4.11$5.52$5.32$0.20
2024Detailed filing. Detailed filing data is available for this year.$4.01$0.26$3.75$5.71$5.86$0.15
2023Detailed filing. Detailed filing data is available for this year.$4.13$0.47$3.65$6.06$5.65$0.41
2022Detailed filing. Detailed filing data is available for this year.$3.11$0.02$3.09$5.41$4.54$0.87
2021Detailed filing. Detailed filing data is available for this year.$2.52$0.38$2.14$3.90$3.84$0.06
2020Detailed filing. Detailed filing data is available for this year.$2.66$0.63$2.03$3.75$4.31$0.56
2019Detailed filing. Detailed filing data is available for this year.$2.68$0.09$2.59$5.21$5.04$0.17
2018Detailed filing. Detailed filing data is available for this year.$2.57$0.16$2.41$4.97$4.87$0.10
2017Detailed filing. Detailed filing data is available for this year.$2.52$0.22$2.30$5.13$5.01$0.12
2016Detailed filing. Detailed filing data is available for this year.$2.26$0.09$2.17$4.70$4.57$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.06$0.02$2.04$4.67$4.42$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.90$0.04$1.86$4.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.02$1.25$3.87
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.25$0.04$1.21$3.60
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.15$0.02$1.12$3.43$3.30$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Sep 15, 2025
Return Version
2024v5.2
Gross Receipts
$552,087
Mission and Program Overview

Mission

The purpose of the tennessee association of craft artists is to encourage, promote, and connect crafts and crafts people in tennessee, working specifically through education, networking, and marketing.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$197,420$221,340▲ $23,920
Investments in Publicly Traded Securities$129,337$148,889▲ $19,552
Pledges and Grants Receivable$12,000--
Prepaid Expenses and Deferred Charges$1,633$3,898▲ $2,265
Land, Buildings, and Equipment, Net$710$685▼ $25
Total Assets$400,914$490,009▲ $89,095
Other Assets Total$59,814$115,197▲ $55,383
Liabilities
Other Liabilities$22,814$78,197▲ $55,383
Accounts Payable and Accrued Expenses$3,550$438▼ $3,112
Total Liabilities$26,364$78,635▲ $52,271
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$360,723$406,274▲ $45,551
Net Assets With Donor Restrictions$13,827$5,100▼ $8,727
Total Net Assets Fund Balance$374,550$411,374▲ $36,824
Total Liabilities and Net Assets / Fund Balance$400,914$490,009▲ $89,095

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$8,212$8,212
Equipment-$6,783$6,783
Leasehold Improvements$685$290$975
Other Assets Org$37,000--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Kimberly WaagExecutive Director$71,400$71,400

Board Members and Trustees

NameTitle
Joel LogiudiceImmediate Past President
Susan MulcahyPresident
Dick MarkusCo-vice-president
Kelly HiderCo-vice-president
Ashley LusiettoBoard Member
Audry Deal-mceverBoard Member
Carlton WilkinsonBoard Member
Donna GlassfordBoard Member
Donna WoodleyBoard Member
Erin AnfinsonBoard Member
James BiggsBoard Member
Jennifer GagliardiBoard Member
Jonathan Harwell-dyeBoard Member
Julie Boisseau-craigBoard Member
Pat MoodyBoard Member
Sherri HunterBoard Member
Louise NuttleCo-treasurer
Reneau DubberleyCo-treasurer
Ben PatyMidstate Rep
Richard DwyerNortheast Rep
Patrick GreenPlateau Chapter Rep
Paige Ward MooreSecretary
Denise MillerSouth Chapter Rep
Lucy RymerSoutheast Rep
Patricia SchwarzSouthwest Rep
Revenue and Support

Revenue Composition

Contributions and Grants
$226,289
Program Service Revenue
$322,356
Investment Income
$3,303
Other Revenue
$139
All Other Contributions
$130,204
Change in Net Assets
$20,331

Audited Revenue Reconciliation

Revenue per Audited Statements
$552,087
Revenue Not Reported on Form 990
$27,387
Total Revenue per Audited Statements
$579,474
Total Revenue per Form 990
$552,087
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$341,792
Salaries, Compensation, and Employee Benefits$189,964
Total Fundraising Expense$7,098
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$61,482$40,526$3,016$105,024
Other Expenses$92,481$5,300-$97,781
Current Officers, Directors, Trustees, and Key Employees$41,798$27,552$2,050$71,400
Occupancy$31,976$29,895$350$62,221
All Other Expenses$42,524$14,639$1,276$58,439
Fees for Services Legal-$39,205-$39,205
Travel$25,028$2,000-$27,028
Payroll Taxes$7,926$5,225$389$13,540
Information Technology$4,899$5,850-$10,749
Advertising$7,466$350-$7,816
Fees for Services Accounting$5,785--$5,785
Insurance$307$3,716$17$4,040
Depreciation Depletion-$25-$25
Total Functional Expenses$346,399$178,259$7,098$531,756

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$542,650
Expenses per Audited Statements$531,756
Total Expenses per Form 990$531,756
Expenses Not Reported on Form 990$10,894
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability Noncurrent$49,943
Lease Liability Current$28,254
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Members or stockholder classes and rights Part VI line 6

Tennessee craft has one class of members. Members vote on any organizational changes as well as election of officers.

Member election for additional members Part VI line 7A

MEMBERS ARE NOT ELECTED.

Governing body decisions Part VI line 7B

Some governing body decisions are subject to member approval.

Form 990 governing body review Part VI line 11

The executive director and the board of directors review the form 990 prior to filing with the irs.

Conflict of interest policy compliance Part VI line 12C

The association has a conflict of interest policies that all employees are aware of. There is at least one meeting a year where conflict of interest standards are discussed and the appopriate actions related to such policy.

CEO executive director top management comp Part VI line 15A

The board of directors decides the executive directors salary based upon experience and a competitive salary for the industry.

Governing documents etc available to public Part VI line 19

The governing documents, policies, and financial statements are made available to the public upon request. All finanacial data is also posted to givingmatters.com.

Filing and Contact Details

Filer

Filer Name
Tennessee Association of Craft Artists
EIN
23-7309306
In Care Of
% SUSAN MULCAHY
Phone
6157367600
Address
PO BOX 120066, NASHVILLE, TN 37212
Doing Business As
Tennessee Craft

Signing Officer

Name
Susan Mulcahy
Title
President
Phone
6157367600
Signed
2025-09-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Susan Mulcahy
Formed
1972
Legal Domicile
Tn
Voting Board Members
25
Independent Board Members
25
Employees
4
Volunteers
100

Preparer

Firm
Bellenfant Pllc
Address
2919 BERRY HILL DRIVE, NASHVILLE, TN 37204
Preparer
John Bellenfant CPA
Phone
6153708700
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Specialized and contract services 4,350postage and shipping 3,821security 16,414graphic design 4,379contributions 2,700rebates 3,989equipment lease 3,629telephone and internet 4,822dues and subscriptions 3,221supplies 11,114 total 58,439

Financial Statement Notes

Part X, Line 2-Text in footnote regarding FIN 48 (ASC 740)

The organization has evaluated its tax positions in accordance with the codification standard relating to accounting for uncertainty in income taxes. The organization believes that it has taken no uncertain tax positions.

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