Overview
What is Bmi Foundation Inc?
BMI Foundation Inc, based in New York City, is a nonprofit organization that generously provides financial assistance to individuals and organizations within the music sector. Their mission encompasses various aspects of music, such as educational projects, preserving indigenous American jazz and blues forms, and showcasing contemporary music, particularly in genres like concert and operatic music, jazz, and musical theatre. The foundation's grant-making process is guided by an advisory panel, ensuring that the funds are allocated effectively to those who need it most. With a small team of dedicated professionals, BMI Foundation Inc plays a significant role in nurturing and promoting the music industry.
Official website here: www.bmifoundation.org
What do the Facebook reviews say about Bmi Foundation Inc?
There are currently three reviews available on Facebook for Bmi Foundation Inc, and while they have not yet accumulated an overall rating, the sentiment expressed is positive. One user highlighted their affection for the organization, indicating that they feel strongly connected and supportive of its mission.
Considering the limited number of reviews, the enthusiasm from the available feedback suggests that the nonprofit evokes goodwill among those who engage with it. This indicates a strong potential for impact within the community it serves.
Overall, there’s a sense of appreciation for the services provided by Bmi Foundation Inc, showing that it resonates well with those who have interacted with it thus far.
This AI summary has been generated from reviews found on Facebook.
Is Bmi Foundation Inc legitimate?
Bmi Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bmi Foundation 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $87,458
For more financial information, click here
Official website here: www.bmifoundation.org
What is the mission statement of Bmi Foundation Inc?
The BMI Foundation Inc, in its mission, provides grants to individuals and organizations in the music field following a review by an advisory panel. The grants are allocated for various music-related activities, including educational projects, the preservation of indigenous American jazz and blues forms, and the creation and exposure of contemporary music, with a focus on concert and operatic music, jazz, and musical theatre. By offering these grants, the foundation aims to support and foster growth in the music sector.
Official website here: www.bmifoundation.org
Who is the CEO of Bmi Foundation Inc?
Deirdre Chadwick is the President of Bmi Foundation Inc.
Official website here: www.bmifoundation.org
What is the revenue of Bmi Foundation Inc?
Bmi Foundation Inc's revenue in 2022 was $392,464.
Official website here: www.bmifoundation.org
Who are the executives of Bmi Foundation Inc and what are their salaries?
The average compensation at Bmi Foundation Inc during 2022 was $87,458. There is 1 employee and 9 volunteers at Bmi Foundation Inc.
Here are 9 key members and their salaries:
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Official website here: www.bmifoundation.org
Where can I find the form 990 for Bmi Foundation Inc?
Bmi Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bmifoundation.org
Learn more at the official website: www.bmifoundation.org
Mission Statement of Bmi Foundation Inc
BMI Foundation Inc, a nonprofit organization in the music field, carries out its mission by issuing grants to individuals and organizations following a thorough evaluation by an advisory panel. These grants are provided to support various music-related activities. The scope of BMI Foundation Inc's assistance extends to a wide range of projects, including educational initiatives, the preservation of indigenous American jazz and blues forms, and the creation and exposure of contemporary music. Particular focus is given to concert and operatic music, jazz, and musical theatre, with the aim of making these genres more accessible to audiences. By providing these grants, BMI Foundation Inc plays a vital role in fostering the growth and promotion of the music industry.
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Impact
October, 2024
BMI Foundation Inc significantly impacts the music community by providing essential grants to individuals and organizations involved in various music disciplines. These grants support educational initiatives, ensuring that aspiring musicians receive the training and resources needed to thrive in their craft. The Foundation also focuses on preserving indigenous American musical forms, such as jazz and blues, promoting their cultural significance and ensuring their continuation for future generations.
Additionally, the Foundation fosters innovation in contemporary music, enhancing the exposure of audiences to diverse genres, including concert music, operatic performances, jazz, and musical theatre. By supporting a wide range of music-related activities, BMI Foundation Inc plays a vital role in enriching the cultural landscape, nurturing talent, and promoting the appreciation of various musical forms across the community.
This information is meant to be a general summary of Bmi Foundation 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $54,179
- Gross Receipts: $466,816
Assets and Liabilities:
- Total Assets: $2,672,117
- Total Liabilities: $93,413
- Net Assets: $2,578,704
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Organization Details
Founding Year
1985
Phone
(212) 220-3175Principal Officer
Deirdre Chadwick
Main Address
7 WTC 250 GREENWICH STREET, NEW YORK, NY, 10007
Website
www.bmifoundation.orgNTEE Category
Code: A68 - Arts
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