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Bang On A Can

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

EIN: 133392963 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Bang On A Can?

Bang On A Can is a nonprofit organization situated in Brooklyn, New York. Their primary mission is to engage the public with contemporary music through live performances, recordings, and sponsorships, extending their reach globally. The organization is dedicated to presenting, commissioning, performing, and teaching innovative music, with a strong belief in making this exciting new music accessible to the masses. Bang On A Can's Summer Institute aims to cultivate this passion for innovation in a younger generation of composers and musicians. The organization, with 14 employees, employs various means to achieve its objectives, such as live events, recordings, and educational programs.


Official website here: www.bangonacan.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

Bang On A Can has received a commendable 88% rating from Charity Navigator, indicating solid performance in accountability and finance. The organization boasts a fully independent board and excellent oversight, reflected in its high scores for board independence and material diversion of assets. Additionally, the program expense ratio of 84.03% demonstrates a strong commitment to allocating resources toward its mission.

However, there are notable areas where Bang On A Can could improve, particularly in governance policies. The absence of a whistleblower policy and a document retention policy, alongside the missing tax form on its website, points to gaps in transparency and operational protocols. Addressing these issues could enhance the organization's overall accountability.

Overall, Bang On A Can demonstrates strengths in financial management and governance structure, yet it has opportunities for improvement in specific policy areas to bolster its commitment to transparency.


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

What do the Facebook reviews say about Bang On A Can?

98% of 22 reviewers on Facebook recommend Bang On A Can. Here is a summary of their reviews:

Many supporters praise the organization for its contributions to the NYC arts scene, highlighting its unique festivals and events that enrich the community. Reviewers express appreciation for the creative endeavors and the dedicated team behind the organization, emphasizing how it stands out in fostering a vibrant cultural atmosphere.

Overall, the sentiment towards Bang On A Can is overwhelmingly positive, with individuals celebrating its distinctive approach and the positive impact it has on the local arts landscape. It seems clear that the organization resonates well with both attendees and participants, marking it as a cherished entity in the city.


This AI summary has been generated from reviews found on Facebook.

Is Bang On A Can legitimate?

Bang On A Can is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bang On A Can 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: $834,383

For more financial information, click here


Official website here: www.bangonacan.org

What is the mission statement of Bang On A Can?

Bang On A Can's mission is centered around the presentation, commissioning, performing, recording, and teaching of contemporary music. The organization is passionate about making this innovative music as widely accessible as possible. This mission is carried out through various activities, including live performances, recordings, and sponsorship of new music worldwide. Furthermore, Bang On A Can's Summer Institute aims to instill this energy and passion for innovation in a new generation of composers and musicians.


Official website here: www.bangonacan.org

Who is the CEO of Bang On A Can?

Kenneth Savelson is the Executive Di of Bang On A Can.


Official website here: www.bangonacan.org

What is the revenue of Bang On A Can?

Bang On A Can's revenue in 2022 was $3,334,270.


Official website here: www.bangonacan.org

Who are the executives of Bang On A Can and what are their salaries?

The average compensation at Bang On A Can during 2022 was $59,599. There are 14 employees at Bang On A Can.


Here are 18 key members and their salaries:


Kenneth Savelson (Executive Di)
  • Compensation: $115,288
  • Related: $0
  • Other: $0
Michael Gordon (Member/Artis)
  • Compensation: $31,000
  • Related: $0
  • Other: $0
David Lang (Member/Artis)
  • Compensation: $26,687
  • Related: $0
  • Other: $0
Julia Wolfe (Member/Artis)
  • Compensation: $21,237
  • Related: $0
  • Other: $0
Betto Arcos (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Baldini (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Bishop (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynette Jaffe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Kifferstein (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kushner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Lassiter (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Lewis (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raulee Marcus (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Murrell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Skirnick (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Stewart (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Tait (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Wolfensohn (Cochair Fina)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.bangonacan.org

Where can I find the form 990 for Bang On A Can?

Bang On A Can's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.bangonacan.org

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

Mission Statement of Bang On A Can

Bang On A Can, a renowned organization, is dedicated to the presentation, commissioning, performance, recording, and teaching of contemporary music. Their mission is rooted in the belief that exciting new music should be made as accessible and widely known as possible. To achieve this, Bang On A Can engages with the public through live performances, recordings, and sponsorship of new music around the world. Furthermore, the organization is passionate about fostering innovation in the younger generation of composers and musicians. This is accomplished through their Summer Institute, where they nurture and inspire talent, imbuing them with the same energy and passion for contemporary music that drives Bang On A Can.

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Impact




August, 2024

Bang On A Can has made a significant impact on the world of contemporary music by presenting, commissioning, performing, recording, and teaching cutting-edge compositions. The organization's commitment to exposing exciting new music to a broad audience has helped push the boundaries of artistic innovation. Through initiatives like its Summer Institute, Bang On A Can is nurturing a new generation of composers and musicians with a passion for pushing creative boundaries. Across live performances, recordings, and sponsorships of new music worldwide, Bang On A Can continues to engage the public with the excitement and energy of contemporary music.




This information is meant to be a general summary of Bang On A Can. 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
$3,334,270 (2022)
Expenses
$3,140,896 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $697
  • Program Service Revenue: $648,544
  • Gross Receipts: $3,334,270

Assets and Liabilities:

  • Total Assets: $1,435,543
  • Total Liabilities: $132,206
  • Net Assets: $1,303,337

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Programs

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

CONCERT FEES AND TICKET SALES

Revenue

$581,221

OTHER REVENUE

Revenue

$67,323

Organization Details

Founding Year

1986

Principal Officer

Kenneth Savelson

Main Address

80 HANSON PLACE NO 301, BROOKLYN, NY, 11217

NTEE Category

Code: A680 - Arts

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