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Brooklyn Academy Of Music Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112201344 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Brooklyn Academy Of Music Inc?

Brooklyn Academy of Music Inc, based in Brooklyn, New York, is a renowned nonprofit organization with a workforce of 654 individuals. Their mission is to serve as a home for innovative artists, audiences, and ideas. In their FY2022 New York/Spring Season, they showcased the rich diversity and vitality of New York City's performing arts community, alongside artists and companies from 11 countries. Highlights included the holiday performance "Kiki & Herb Sleigh at BAM" and Brazilian choreographer Alice Ripoll's exuberant blend of funk, samba, and breakdance, "CRIA." They also featured a series of concerts curated by writer Hanif Abdurraqib and Martin Crimp's adaptation of the French classic "Cyrano de Bergerac." Throughout the season, BAM presented 23 presentations, further emphasizing their commitment to fostering creativity and diversity in the arts.


Official website here: www.bam.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating) from Charity Navigator

The Brooklyn Academy of Music (BAM) has achieved a remarkable 96% rating, reflecting strong accountability and financial management. The organization is recognized for having a majority of independent board members, a solid financial oversight committee, and effective policies in place to manage conflicts of interest and whistleblowing. These factors contribute to a commendable level of transparency and integrity in its operations.

User feedback highlights BAM's innovative programming across various artistic disciplines, including theater, dance, contemporary music, and opera. The academy is praised for its role in cultivating a vibrant arts scene in New York while also fostering a sense of community among its audiences. Its commitment to education and humanities programming is seen as a significant benefit to both local and global communities.

While the financial metrics are strong, with program expenses representing a significant portion of overall spending, there are no notable limitations mentioned in the data. Overall, BAM is viewed positively, both for its financial practices and for its cultural contributions to the arts.


This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.

Is Brooklyn Academy Of Music Inc legitimate?

Brooklyn Academy Of Music Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Academy Of Music Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $3,006,445
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,042,148

For more financial information, click here


Official website here: www.bam.org

What is the mission statement of Brooklyn Academy Of Music Inc?

The Brooklyn Academy of Music, often abbreviated as BAM, serves as a refuge for pioneering artists, diverse audiences, and innovative ideas. Its mission is to provide a platform for adventurous artistic expressions. Throughout its FY2022 New York/Spring Season, BAM showcased the richness and tenacity of the performing arts community, with presentations from artists and companies hailing from eleven countries. Highlights included Kiki & Herb's Sleigh at BAM, a holiday performance by the legendary cabaret duo, and Annie-B Parsons/Big Dance Theater's newest production, The Mood Room. Additionally, BAM hosted a series of concerts curated by writer Hanif Abdurraqib, featuring performances by various artists, and presented Cyrano de Bergerac, a modern adaptation of the French classic. The season culminated with Giselle, a reimagining of the classic story ballet from Akram Khan.


Official website here: www.bam.org

Who is the CEO of Brooklyn Academy Of Music Inc?

Gina Duncan is the President of Brooklyn Academy Of Music Inc.


Official website here: www.bam.org

What is the revenue of Brooklyn Academy Of Music Inc?

Brooklyn Academy Of Music Inc's revenue in 2022 was $47,039,995.


Official website here: www.bam.org

Who are the executives of Brooklyn Academy Of Music Inc and what are their salaries?

The average compensation at Brooklyn Academy Of Music Inc during 2022 was $32,184. There are 654 employees and 32 volunteers at Brooklyn Academy Of Music Inc.


Here are 47 key members and their salaries:


Gina Duncan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Sebunya (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James I Mclaren (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nora Ann Wallace (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Natalia Chefer (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Steiner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Bechara (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven G Felsher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Mcdonald (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roberta Garza (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard E Feldman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maryanne Gilmartin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark N Diker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lenny H Singletary (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph A Stern (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Usdan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
William I Campbell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances A Resheske (Trustee (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar A Lampert (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Claire Wood (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dinyar S Devitre (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Donovan Fisher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David L Picket (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ahrin Mishan (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexa Davidson Suskin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Hubbard (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Axel Stawski (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry M Fox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheryl Della Rosa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bartholomew A Sheehan Iii (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brigitte Vosse (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane L Max (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Stafford (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Wolfensohn (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Jackson (Legal Counsel & Secretary)
  • Compensation: $176,284
  • Related: $0
  • Other: $38,135
David Binder (Artistic Director)
  • Compensation: $519,167
  • Related: $0
  • Other: $48,150
Elizabeth N Moreau (Co-Interim Pres, Assoc. Vp & Sr. Producer)
  • Compensation: $265,723
  • Related: $0
  • Other: $45,504
Courtney Killingsworth (Co-Interim Pres.,Vp Of Creative Soc.)
  • Compensation: $347,368
  • Related: $0
  • Other: $61,774
Stacy Margolis (Vp Of Development)
  • Compensation: $267,034
  • Related: $0
  • Other: $56,580
Jennifer Anglade (Co-Interim Pres.,Cfo & Vp Of Finance)
  • Compensation: $324,395
  • Related: $0
  • Other: $48,449
Kent Davidson (Vp Of Marketing & Communications)
  • Compensation: $134,129
  • Related: $0
  • Other: $26,322
William A Lee (Associate Vp, It)
  • Compensation: $200,041
  • Related: $0
  • Other: $46,213
Seth Azizollahoff (Assoc Vp, Hr & Facilities)
  • Compensation: $200,784
  • Related: $0
  • Other: $26,482
Clemente Luna (Director Of Institutional Giving)
  • Compensation: $162,215
  • Related: $0
  • Other: $29,530
Jonathan Jones (Director Of Capital Projects)
  • Compensation: $163,666
  • Related: $0
  • Other: $30,528
William Lynch (Director Of Lead. Gifts)
  • Compensation: $173,243
  • Related: $0
  • Other: $25,189
Katy Clark (President (Former))
  • Compensation: $242,335
  • Related: $0
  • Other: $13,067


Official website here: www.bam.org

Where can I find the form 990 for Brooklyn Academy Of Music Inc?

Brooklyn Academy Of Music Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bam.org

Learn more at the official website: www.bam.org

Mission Statement of Brooklyn Academy Of Music Inc

The Brooklyn Academy of Music Inc, known as BAM, is a dynamic and innovative organization that serves as a home for adventurous artists, audiences, and ideas. In its mission, BAM aims to provide a platform for artists from various backgrounds and countries, including Australia, Brazil, Germany, Ghana, Israel, Japan, Nigeria, Palestine, Syria, the United Kingdom, and the United States, to showcase their diverse and vital works.

BAM's commitment to artistic exploration is reflected in its programming, which features presentations that push boundaries and challenge perspectives. During its FY2022 New York/Spring Season, BAM featured 23 presentations, highlighting the richness and resilience of New York City's performing arts community. Some of the highlights included Kiki & Herb Sleigh at BAM, a special holiday performance by legendary cabaret duo Kiki and Herb; Annie-B Parson/Big Dance Theater's newest production, The Mood Room, which explored the toxicity of self-help culture; a series of concerts curated by writer Hanif Abdurraqib, featuring performances by Dawn Richard, Moses Sumney, Devonte Hynes, and Mavis Staples; and Cria, a vibrant blend of funk, samba, and breakdance by Brazilian choreographer Alice Ripoll and her all-black dance troupe of cis- and transgender artists.

BAM's offerings extend beyond its performing arts presentations. It also provides opportunities for artists to develop new works through residencies and commissions. Moreover, BAM engages with its audience through educational programs, community initiatives, and post-performance discussions, creating a dynamic and inclusive environment where art and discourse intersect. Overall, the Brooklyn Academy of Music Inc is a vital cultural institution that fosters artistic innovation, celebrates diversity, and engages with its community in meaningful ways.

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Impact




October, 2024

Brooklyn Academy of Music (BAM) plays a vital role in the cultural landscape of New York City by serving as a hub for innovative and diverse artistic expression. Its commitment to showcasing adventurous artists and ideas fosters a rich environment that highlights the resilience and vitality of the performing arts community.

In FY2022, BAM presented a diverse lineup of 23 performances, featuring artists and companies from 11 different countries, including Australia, Brazil, Germany, Ghana, Israel, Japan, Niger, Palestine, Syria, the United Kingdom, and the United States. This international representation not only enriches the local arts scene but also promotes cross-cultural exchange and understanding within the community.

Highlights from BAM's programming include unique productions such as "Kiki & Herb Sleigh at BAM," which brought holiday cheer through the lens of a legendary cabaret duo, and "The Mood Room," a thought-provoking examination of self-help culture. Concert series curated by writers like Hanif Abdurraqib showcased performances from prominent artists, enhancing the community's appreciation for contemporary music and performance art.

BAM’s dedication to the arts is further exemplified by productions like Alice Ripoll's "Cria," which celebrated diversity through an exhilarating blend of dance forms, and Akram Khan's reimagined "Giselle," which brought classic ballet to a new audience. These performances not only entertain but also engage audiences in meaningful dialogue about culture, identity, and modern societal issues.

The impact of BAM extends beyond the stage; it cultivates a community of adventurous thinkers and creators, encouraging exploration and a vibrant exchange of ideas that resonates throughout Brooklyn and beyond. Through its eclectic programming and commitment to inclusivity, BAM solidifies its position as a cornerstone of the performing arts in New York City.




This information is meant to be a general summary of Brooklyn Academy Of Music Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$47,039,995 (2022)
Expenses
$44,875,996 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$564
  • Program Service Revenue: $11,195,708
  • Gross Receipts: $48,610,270

Assets and Liabilities:

  • Total Assets: $157,007,809
  • Total Liabilities: $11,509,466
  • Net Assets: $145,498,343

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PERFORMANCE INCOME

Revenue

$9,434,894

BAM ROSE CINEMA

Revenue

$1,529,921

BAM ART REVENUE

Revenue

$230,893

Organization Details

Founding Year

1861

Principal Officer

Gina Duncan

Main Address

30 LAFAYETTE AVENUE, BROOKLYN, NY, 11217

NTEE Category

Code: A61 - Arts

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