Leadership Music. General Information. Contact Information. At A Glance. Nonprofit. Leadership Music Address P. O. Box

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1 Leadership Music General Information Contact Information Nonprofit Leadership Music Address P. O. Box Nashville, TN Phone (615) Fax Web Site Web Site Facebook Facebook Twitter Twitter At A Glance Year of Incorporation 1990 Former Names Music Row Yard Sale Leadership Music Digital Summit Leadership Music Dale Franklin Award Nashville Music Awards 1

2 Mission & Impact Statements Mission The mission of Leadership Music is to cultivate a forward-thinking community of leaders that impact the creative industry. Background Leadership Music is a nonprofit organization founded in 1989 to facilitate communication between the many factions of the music community as well as established leaders in their roles as industry decision makers. The organization was formed by alumni from the music community who had completed the Leadership Nashville Program, and the program's structure continues to be modeled after the LN Program. Since its inception, the defining elements of the Leadership Music program have been to: 1) explore and analyze how various parts of the industry operate; 2) provide increased familiarity and dialogue with industry leaders; and 3) expose and educate class participants to varying points of view and philosophies. Leadership Music helps to expand the knowledge base of each participant, expand the talent pool of leadership within the music community, and promote teamwork and camaraderie in an otherwise competitive business. Each person selected to participate in Leadership Music makes an extensive time commitment. Attendance is mandatory for the nine-month program, which begins in the fall. The first and last meetings are weekend retreats. Between these retreats are six monthly meetings, which average 12 hours each. The participants make on-site visits around the community, focusing on such subjects as Songwriting/Publishing, Broadcast, Artist, Studio/Audio, Record Company, and Touring. They hear from numerous speakers and participate in hands-on exercises. The education does not stop where Music Row ends. Through on-going alumni activities, Leadership Partners was formed. Leadership Partners pairs Leadership Music alumni with Leadership Nashville alumni to facilitate growth and communication between the music industry and the greater Nashville business community. With over 720 alumni after 19 years, Leadership Music continues to grow, adapting to the changing times and trends while always respecting the fundamental goals of the organization. Impact We will accomplish this through: 1. The identification and exploration of topical issues a. Annual series of offthe-record issue-oriented educational seminars (the Program) b. Alumni nurturing and education 2. Adequate funding that provides for the long-term security of the organization 3. Appropriate governance and oversight of the organization's mission and objective. Leadership Music recognizes the community culture that is unique to the creative community in Nashville and provides a forum for it to continue and flourish; as well as embracing the power in the coalescence of leadership within the music and entertainment industry. Goal #1: To maintain high quality, in-depth, educational value through the LM Program for each year's participants, while adapting to the changing times and trends. Goal #2: To facilitate growth and communication between the music industry and the greater Nashville business community through on-going alumni initiatives. Goal #3: To facilitate mobilizing the resources within the LM alumni community for the greater good of the industry, as well as through partnerships with related companies and organizations. Most significant recent accomplishment: A new educational seminar was launched in April of 2005, the "Leadership Music Digital Summit,? a full-day event utilizing the leading resources within the entertainment industry, dedicated to digital music and the important business, creative and legal issues it presents to the music industry; was open to the public with reduced fees for LM Alumni and students. Over 600 attended. Needs 1. Annual corporate underwriting donations to support our operations and program and increase an endowment fund. 2. Support of our events, including sponsorships and in-kind donations 3. Volunteers for our events, including the Yard Sale, Digital Summit, and Dale Franklin Award 4. Technical donations of programming services, programming and facilitating e-commerce for donations and registration fees, equipment, software. 5. Underwriting of an additional staff position. Service Categories Primary Organization Category 2

3 Community Improvement, Capacity Building / Business and Industry Secondary Organization Category Arts,Culture & Humanities / Arts Education Tertiary Organization Category Mutual & Membership Benefit / Professional Societies & Associations Areas of Service Areas Served TN - Cheatham TN - Davidson TN - Robertson TN - Rutherford TN - Sumner TN - Williamson TN - Wilson Our participants mainly work and reside in or near Nashville, Tennessee, though each year's class has between participants from other entertainment communities; frequently Los Angeles, Washington DC and New York. CEO Statement Like many leadership programs, our organization is made up of established leaders and decision makers, and creates teamwork, camaraderie and dialogue among its participants. Leadership Music has the unique distinction of being the only organization of its kind (in the Music and Entertainment industry) nationally. This gives us the advantage of being able to explore industry issues in an in-depth manner, exposing class participants to varying points of view and philosophies. Each year we receive more candidates from outside Nashville, many are top leaders in their industry segment. Each year there are a few participants from the noncreative community, such as legislative, Chamber of Commerce, major non-profits, and other organizational partners - to foster better understanding of our industry by the broader community. We believe our Program has contributed to Nashville's success as a well-connected, thriving creative community, reinforcing the city's moniker of "Music City." 3

4 Programs Programs Leadership Music Program Description Annual series of off-the-record, issue-oriented seminars over nine months. Budget Category Population Served Public, Society Benefit Leadership Development Programs Adults, Other Named Groups, Leadership Partners Description Category The oldest LM program: alumni who sign up for this program are paired with alumni from Leadership Nashville, to whom they commit to meet twice during the year; usually for a breakfast or lunch. This program works towards one of LM's goals; to facilitate building the bridge between the music community and the larger Nashville business and civic community. Public, Society Benefit Leadership Development Programs Population Served Other Named Groups,, Leadership Music Digital Summit Description As an extension of LM's educational mission, 2005 was the first year for this topic undeniably the hottest issue in the music industry today. Featured speakers were brought in from all the major tech companies including Microsoft, AOL, Liquid Digital, EMI, Starbucks, Sound Exchange, etc. for a full day discussion dedicated to digital music delivery and the business, creative and legal issues it presents. This is both an alumni event and a fundraising event to support the operation. Budget Category Arts, Culture & Humanities Electronic Media Population Served General Public/Unspecified, Other Named Groups, Young Adults (20-25 years) -- currently not in use Leadership Music Dale Franklin Award Dinner Description Leadership Music annually recognizes an honoree who Exemplifies the highest quality of leadership and leading by example. Producer Tony Brown was 2004's honoree (held at the Parthenon); radio legend Gerry House was honored in 2005 (Loew's Vanderbilt Hotel.), Emmylou Harris in 2006, Frances Preston in 2007, The Bradley Family in 2008, Garth Brooks in 2009, Willie Nelson in 2010, the Country Music Association in 2011, Charlie Daniels and Vince Gill in 2012, and Reba McEntire was honored in 2015 Tributes feature performances, speeches, and pre-taped videos in an intimate theater setting. Budget Population Served Other Named Groups,, 4

5 Nashville Music Awards Description Leadership Music presented the Nashville Music Awards (a/k/a The Nammies ) for 5 years from 1996 through 2001; a multi-genre and varied category awards show. In 2005 the organization has commited to exploring reviving the Awards show for This popular event celebrated Nashville s rich and diverse music community and featured all genres of music, which works towards one of the goals of Leadership Music; to nurture and support musical diversity in Nashville. Budget Category Population Served Arts, Culture & Humanities Celebratory Events General Public/Unspecified, Other Named Groups, 5

6 Governance Board Chair Board Chair Mr. Stacy Widelitz Company Affiliation Stacy Widelitz Music Term July 2017 to June Board Members Name Affiliation Status Ms. Linda Bloss-Baum Warner Music Group Ms. Julie Boos Flood Bumstead McCready & McCarthy Ms. Debbie Carroll MusiCares Mr. Bradley Collins BMI Mr. Ron Cox Pinnacle Bank Mr. Mike Craft Sony Music Nashville Ms. Jaynee Day Second Harvest Food Bank of Middle TN Mr John Esposito Warner Music Nashville Mr EJ Gaines Motown Gospel Mr. Joe Galante Retired Exofficio Mrs. Teresa George Academy of Country Music Mr. Jeff Gregg Creative Artists Agency Ms. Kelli Haywood Mr. BJ Hill Warner/Chappell Mr Andrew Kautz Big Machine Label Group Mr David Kells Bridgestone Arena Mr. Jerry Kimbrough Ms. Chandra LaPlume Taillight Ms. Ellen Lehman Community Foundation of Middle TN Mr. Justin Levenson SESAC Mr. Tom Lord Universal Music Group Ms Heather McBee Entrepreneur Center Mr. Wendell Moore Baker Donelson Ms. Diane Pearson City National Bank Mr. Chip Petree Copyright Exchange Ms. Amy Smartt CMA Mr. Neal Spielberg Spielberg Consulting Mr. Jimmy Wheeler Provident Label Group Ms Rachel Whitney Pandora Mr. Stacy Widelitz Stacy Widelitz Music 6

7 Mr. Lane Wilson Mr Bret Wolcott William Morris Endeavor Entertainment Ms. Erika Wollam-Nichols NSAI/Bluebird Cafe Board Demographics - Ethnicity African American/Black 1 Asian American/Pacific Islander 0 Caucasian 32 Hispanic/Latino 0 Native American/American Indian 0 Other 0 Board Demographics - Gender Male 20 Female 13 Unspecified 0 Governance Board Term Lengths 2 Board Term Limits 2 Board Meeting Attendance % 95% Written Board Selection Criteria? Written Conflict of Interest Policy? Percentage Making Monetary Contributions 80% Percentage Making In-Kind Contributions 50% Constituency Includes Client Representation Number of Full Board Meetings Annually 4 Standing Committees Communications / Public Relations Development / Fund Raising Executive Finance Membership Nominating Program Board Governance 7

8 Risk Management Provisions Commercial General Insurance Commercial General Liability Commercial General Liability & D and O & Umbrella or Excess & Automobile & Professional Directors & Officers Policy Employment Practices Liability General Property Coverage Life Insurance Medical Health Insurance Special Event Liability Umbrella or Excess Insurance Workers Compensation & Employers' Liability Additional Board Members Name Mr. Rick Blackburn Mr. Tony Brown Mr. Tom Collins Mr. Bill Denny Mr. Joe Galante Mr. Bruce Hinton Mr. Bill Ivey Mr. Joe Moscheo II Mr. Jim Ed Norman Mr. Tandy Rice Mr. Roger Sovine Affiliation Community Volunteer Universal South Tom Collins Productions National Tape & Disk Corp. RCA Label Group MCA Nashville Vanderbilt University - Curb Center MCS Music America Community Volunteer Top Billing, Inc. Community Volunteer 8

9 Management Executive Director/CEO Executive Director Ms Debbie Schwartz Linn Term Start Apr Former CEOs Name Term Mrs. Tabitha Daly Sept July 2004 Ms. Dale Franklin Sept Sept 1994 Staff Full Time Staff 3 Part Time Staff 0 Volunteers 225 Contractors 0 Retention Rate 100% Plans & Policies Does the organization have a documented Fundraising Plan? Does the organization have an approved Strategic Plan? Number of years Strategic Plan Considers 3 When was Strategic Plan adopted? Feb 2007 In case of a change in leadership, is a Management Succession plan in place? No Does the organization have a Policies and Procedures Plan? Does the organization have a Nondiscrimination Policy? Does the organization have a Whistle Blower Policy? No Does the organization have a Document Destruction Policy? No Affiliations 9

10 Affiliation Center for Nonprofit Management Excellence Network Year 2005 Nashville Area Chamber of Commerce 2005 Metro Nashville Public Schools/Chamber of Commerce Alignment Process 2007 Nashville Chamber of Commerce 2005 Nashville Rotary Club 2005 Country Music Association (CMA) 2005 Gospel Music Association (GMA) 2005 National Recording Academy of Arts and Sciences (NARAS) 2005 Leadership Nashville 1989 Chamber of Commerce 2005 Awards Awards Award/Recognition Organization Year "Highest Value" score: Industry Org Report Card "Highest Value" score: Industry Org Report Card Music Row Magazine 2003 Music Row Magazine

11 Financials Fiscal Year Fiscal Year Start July Fiscal Year End June Projected Revenue $337, Projected Expenses $339, Endowment Value $0.00 Endowment Spending Policy N/A Endowment Spending Percentage (if selected) 0% Detailed Financials Revenue and Expenses Total Revenue $412,486 $359,337 $387,123 Total Expenses $386,488 $336,480 $343,991 Revenue Sources Foundation and Corporation $177,500 $157,500 $162,500 Contributions Government Contributions $0 $0 $0 Federal $0 $0 $0 State $0 $0 $0 Local $0 $0 $0 Unspecified $0 $0 $0 Individual Contributions $63,810 $26,850 $74,051 Indirect Public Support $0 $0 $0 Earned Revenue $93,708 $88,243 $95,219 Investment Income, Net of Losses $327 $270 $340 Membership Dues $0 $0 $0 Special Events $5,447 $13,138 $30,867 Revenue In-Kind $0 $0 $0 Other $71,694 $73,336 $24,146 11

12 Expense Allocation Program Expense $253,494 $206,935 $202,382 Administration Expense $71,586 $72,310 $58,539 Fundraising Expense $61,408 $57,235 $83,070 Payments to Affiliates -- $0 $0 Total Revenue/Total Expenses Program Expense/Total Expenses 66% 61% 59% Fundraising Expense/Contributed Revenue 25% 29% 31% Assets and Liabilities Total Assets $649,499 $626,853 $625,461 Current Assets $646,525 $623,530 $625,461 Long-Term Liabilities $0 $0 $0 Current Liabilities $6,981 $10,333 $31,798 Total Net Assets $642,518 $616,520 $593,663 Short Term Solvency Current Ratio: Current Assets/Current Liabilities Long Term Solvency Long-Term Liabilities/Total Assets 0% 0% 0% Top Funding Sources Top Funding Source & Dollar Amount Foundations and Corporations $177,500 Foundations and Corporations $157,500 Foundations and Corporations $162,500 Second Highest Funding Source & Dollar Program Revenue Program Revenue Program Revenue Amount $93,708 $88,243 $95,219 Third Highest Funding Source & Dollar Amount Other revenue $71,694 Other Revenue $73,336 Contributions, Gifts & Grants $74,051 Capital Campaign Is the organization currently conducting a Capital Campaign for an endowment or the purchase of a major asset? No Capital Campaign Goal $0.00 Capital Campaign Raised-to-Date Amount $0.00 as of 0 Capital Campaign Anticipated in Next 5 Years? No State Charitable Solicitations Permit TN Charitable Solicitations Registration - Expires Dec 2018 Registration No 0 GivingMatters.com Financial Comments Financials taken from the completed by FBMM Tax, PLLC. Audit completed by Lattimore Black Morgan and Cain, PC. Comment provided by Nicole Rose 03/28/

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