Arts, Culture & Humanities
(A11)
IRS Verified
DX Registered
990 on File
FORGE NASHVILLE
Financial strength (30%)
64/100
Reliability (20%)
45/100
Effectiveness (25%)
81/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
THE FORGE NASHVILLE PROVIDES ARTISTS AND MAKERS A PATHWAY AND PLACE TO PURSUE THEIR CRAFT IN COMMUNITY.
Financial Overview — FY 2023
$714K
Total Revenue
$660K
Total Expenses
$-291,042
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.7%
Fundraising Efficiency
N/A
Operating Reserve
-5.29x
Liability-to-Asset
164.1%
Revenue Diversification
65.8%
Executive Compensation
$54K
Compared with Peers
FY 2023
Compared with 16,962 similar organizations
(United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.7% | 81.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.3% | 14.0% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
-5.3 mo | 10.4 mo |
P10P90
|
Bottom quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
164.1% | 1.9% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
65.8% | 79.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
51.2% | 9.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.0% | 13.6% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
7.6% | 1.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $714K | $660K | $-291,042 | 89.7% | 5 |
| 2022 | $472K | $640K | $-345,278 | 97.2% | 5 |
| 2021 | $562K | $570K | N/A | — | 2 |
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