Civic Intelligence

Nashville Public Media Inc

EIN 83-1703750 • 501(c)3 • Nashville, TN

Profile

Nashville banner is a locally owned, community supported, civic news organization. We exist to empower the people of nashville to make informed decisions by providing non-partisan journalism from an independent, nonprofit newsroom. We are digital-first, with no paywall for our stories, because we believe everyone should have access to news.

308 Timmons StreetNashville, TN 37211

www.nashvillebanner.com

Siviq Scores

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

Liabilities / Assets

69th percentile

0.11x

Higher debt load relative to assets than 69% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

48th percentile

0.01x

Higher debt load relative to revenue than 48% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

9th percentile

-41%

Higher net margin than 9% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

84th percentile

$91,471

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 12.1% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

3rd percentile

-80%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

78th percentile

38%

Faster revenue growth than 78% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets69th percentile

Assets

Down

$76,281

Down $301,990 (-80%) from 2023

Liabilities

Up

$8,300

Up $7,411 (+834%) from 2023

Net Assets

Down

$67,981

Down $309,401 (-82%) from 2023

Operations
Liabilities / Revenue48th percentileNet Margin9th percentile

Revenue

Up

$754,457

Up $207,911 (+38%) from 2023

Expenses

Up

$1,063,935

Up $761,525 (+252%) from 2023

Net Income

Down

-$309,478

Down $553,614 (-227%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth3rd percentile

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

$400K$300K$200K$100K$0Assets 2021: $108,532Liabilities 2021: $0Net Assets 2021: $108,5322021Assets 2022: $133,784Liabilities 2022: $538Net Assets 2022: $133,2462022Assets 2023: $378,271Liabilities 2023: $889Net Assets 2023: $377,3822023Assets 2024: $76,281Liabilities 2024: $8,300Net Assets 2024: $67,9812024

Highlighted filing

2024

Assets$76,281
Liabilities$8,300
Net Assets$67,981
Open 2024 Filing

Operations Trend

Revenue Growth78th percentile

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

$1.5M$1.0M$500K$0-$500KRevenue 2021: $247,108Expenses 2021: $148,301Net Income 2021: $98,8072021Revenue 2022: $216,916Expenses 2022: $192,202Net Income 2022: $24,7142022Revenue 2023: $546,546Expenses 2023: $302,410Net Income 2023: $244,1362023Revenue 2024: $754,457Expenses 2024: $1,063,935Net Income 2024: -$309,4782024

Highlighted filing

2024

Revenue$754,457
Expenses$1,063,935
Net Income-$309,478
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$76,281
Liabilities
$8,300
Net assets
$67,981
Revenue
$754,457
Expenses
$1,063,935
Net income
-$309,478
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.08$0.01$0.07$0.75$1.06$0.31
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.00$0.38$0.55$0.30$0.24
2022Detailed filing. Detailed filing data is available for this year.$0.13$0.00$0.13$0.22$0.19$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.00$0.11$0.25$0.15$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 7, 2025
Return Version
2024v5.1
Gross Receipts
$754,457
Mission and Program Overview

Mission

Nashville banner is a locally owned, community supported, civic news organization. We exist to empower the people of nashville to make informed decisions by providing non-partisan journalism from an independent, nonprofit newsroom. We are digital-first, with no paywall for our stories, because we believe everyone should have access to news.

Providing non-partisan journalism from an independent, nonprofit newsroom for tn.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$349,909$31,258▼ $318,651
Land, Buildings, and Equipment, Net$4,965$22,367▲ $17,402
Accounts Receivable-$17,500-
Prepaid Expenses and Deferred Charges$1,526$3,353▲ $1,827
Savings and Temporary Cash Investments$21,871$1,803▼ $20,068
Total Assets$378,271$76,281▼ $301,990
Liabilities
Accounts Payable and Accrued Expenses$889$8,300▲ $7,411
Total Liabilities$889$8,300▲ $7,411
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$352,382$67,981▼ $284,401
Net Assets With Donor Restrictions$25,000$0▼ $25,000
Total Net Assets Fund Balance$377,382$67,981▼ $309,401
Total Liabilities and Net Assets / Fund Balance$378,271$76,281▼ $301,990

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$22,367$6,796$29,163
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Stephen CavendishPresidentFT$82,500$8,971$91,471

Board Members and Trustees

NameTitle
Michael WhitleyBoard Chair
Beth FortuneDirector
Tene FranklinDirector
Bruce DobieSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$753,386
Program Service Revenue
$0
Investment Income
$821
Other Revenue
$250
All Other Contributions
$753,386
Change in Net Assets
$-309,478
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$901,350
Total Fundraising Expense$224,696
Other Expenses$162,585
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$488,724$62,167$125,683$676,574
Current Officers, Directors, Trustees, and Key Employees$68,603$9,147$13,721$91,471
Other Employee Benefits$50,383$7,707$14,929$73,019
Payroll Taxes$43,931$5,507$10,848$60,286
Fees for Services Other$40,144$4,213$6,000$50,357
Fees for Services Management--$33,000$33,000
Information Technology$13,611$375$2,433$16,419
Fees for Services Accounting-$15,758-$15,758
Office Expenses$3,901$1,897$9,273$15,071
Advertising$1,025$620$7,527$9,172
Depreciation Depletion$3,806$1,016$264$5,086
Conferences and Meetings$4,736--$4,736
Travel$3,280$132$70$3,482
Occupancy$217$1,638-$1,855
Fees for Services Legal-$916-$916
Other Expenses$1,456$50$251$50
Total Functional Expenses$727,636$111,603$224,696$1,063,935
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

“Currently there are no committees that have the authority to act on behalf of the governing body.”

Form 990, Part VI, Section B, Line 11B

“The president reviews the form 990 and sends a copy to the full board of directors prior to filing.”

Form 990, Part VI, Section B, Line 15

“An external consultant was hired to survey the market and developed all officer compensation based on comparable organizations and market conditions.”

Form 990, Part VI, Section C, Line 19

“Organizing documents are available upon request.”

Filing and Contact Details

Filer

Filer Name
Nashville Public Media Inc
EIN
83-1703750
Phone
3125502349
Address
308 TIMMONS STREET, NASHVILLE, TN 37211

Signing Officer

Name
Steve Cavendish
Title
President
Phone
3125502349
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Cavendish
Formed
2018
Legal Domicile
Tn
Voting Board Members
4
Independent Board Members
4
Employees
15
Volunteers
4

Preparer

Firm
Kraftcpas Pllc
Address
555 GREAT CIRCLE ROAD, NASHVILLE, TN 37228
Preparer
Frances E Leahy
Phone
6152427351
Raw XML Appendix387 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0THE BANNER LAUNCHED AS A DAILY WEBSITE IN MARCH 2024, PROVIDING INFORMATION ABOUT NASHVILLE AND TENNESSEE AROUND THE FOLLOWING BEATS: COURTS, CRIMINAL JUSTICE AND PUBLIC SAFETY, METROPOLITAN GOVERNMENT AND TENNESEE STATE GOVERNMENT. THE BANNER PROVIDED IN-DEPTH COVERAGE ABOUT THE 2024 STATE AND FEDERAL ELECTIONS, INCLUDING INTERVIEWS WITH CANDIDATES, STORIES ABOUT ADVERTISING, CAMPAIGN FINANCE AND ISSUES AFFECTING TENNESSEE RESIDENTS. THE PUBLICATION ALSO LAUNCHED BANNER & COMPANY, A WEEKLY INTERVIEW PODCAST ABOUT INDIVIDUALS AND ISSUES AFFECTING NASHVILLE AND TENNESSEE.
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
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IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
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IRS990ScheduleA/PublicSupportTotal170Amt01614874
IRS990ScheduleA/SubstantialContributorsTotAmt0219409
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0753386
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0544873
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0216916
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0247108
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt072000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01834283
IRS990ScheduleA/TotalSupportAmt01835552
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt0250
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0250
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt022367
IRS990ScheduleD/EquipmentGrp/DepreciationAmt06796
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt029163
IRS990ScheduleD/TotalBookValueLandBuildingsAmt022367
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CURRENTLY THERE ARE NO COMMITTEES THAT HAVE THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT REVIEWS THE FORM 990 AND SENDS A COPY TO THE FULL BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN EXTERNAL CONSULTANT WAS HIRED TO SURVEY THE MARKET AND DEVELOPED ALL OFFICER COMPENSATION BASED ON COMPARABLE ORGANIZATIONS AND MARKET CONDITIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ORGANIZING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0378271
IRS990/TotalAssetsEOYAmt076281
IRS990/TotalAssetsGrp/BOYAmt0378271
IRS990/TotalAssetsGrp/EOYAmt076281
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0753386
IRS990/TotalEmployeeCnt015
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt0224696
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0111603
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0727636
IRS990/TotalFunctionalExpensesGrp/TotalAmt01063935
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0889
IRS990/TotalLiabilitiesEOYAmt08300
IRS990/TotalLiabilitiesGrp/BOYAmt0889
IRS990/TotalLiabilitiesGrp/EOYAmt08300
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0377382
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt067981
IRS990/TotalOtherCompensationAmt08971
IRS990/TotalProgramServiceExpensesAmt0727636
IRS990/TotalReportableCompFromOrgAmt082500
IRS990/TotalRevenueGrp/ExclusionAmt0821
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0250
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0754457
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0378271
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt076281
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt070
IRS990/TravelGrp/ManagementAndGeneralAmt0132
IRS990/TravelGrp/ProgramServicesAmt03280
IRS990/TravelGrp/TotalAmt03482
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0308 TIMMONS STREET
IRS990/USAddress/CityNm0NASHVILLE
IRS990/USAddress/StateAbbreviationCd0TN
IRS990/USAddress/ZIPCd037211
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0WWW.NASHVILLEBANNER.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0STEVE CAVENDISH
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03125502349
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NASHVILLE PUBLIC MEDIA INC
ReturnHeader/Filer/BusinessNameControlTxt0NASH
ReturnHeader/Filer/EIN0831703750
ReturnHeader/Filer/PhoneNum03125502349
ReturnHeader/Filer/USAddress/AddressLine1Txt0308 TIMMONS STREET
ReturnHeader/Filer/USAddress/CityNm0NASHVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037211
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0620713250
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KRAFTCPAS PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0555 GREAT CIRCLE ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NASHVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037228
ReturnHeader/PreparerPersonGrp/PhoneNum06152427351
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0FRANCES E LEAHY
ReturnHeader/ReturnTs02025-05-07T15:02:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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