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Association For The Advancement Of Creative Musicians

Aacm

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

EIN: 362582864 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Association For The Advancement Of Creative Musicians?

The Association for the Advancement of Creative Musicians (AACM) is a collective based in Chicago, Illinois, comprising musicians and composers. Their primary mission is to foster and promote serious original music, providing a platform for dynamic and visionary artists to showcase their original compositions. AACM supports performers through performance contracts and revenue-generating programs. This nonprofit organization is dedicated to nurturing talent and preserving the art of music creation.


Official website here: www.aacmchicago.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

The Association for the Advancement of Creative Musicians (AACM) has received an 83% rating from Charity Navigator, indicating a solid level of accountability and finance management. This score is based entirely on their Accountability & Finance metrics, which reflect a strong adherence to best practices in nonprofit governance.

Key strengths of the organization include a fully independent board, demonstrating transparency and effective oversight, as well as a commendable program expense ratio of 80%. This indicates that the majority of their funds are directed toward their programs rather than administrative costs, which is a positive sign for potential donors.

However, there are some areas for improvement, particularly regarding missing policies such as a whistleblower policy and document retention and destruction protocols. Addressing these gaps could enhance their overall governance and trust with stakeholders.


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

What do the Facebook reviews say about Association For The Advancement Of Creative Musicians?

96% of 72 reviewers on Facebook recommend the Association For The Advancement Of Creative Musicians. Here is a summary of their reviews:

Many individuals express gratitude towards the organization for its significant role in fostering talent within the music community. A young musician highlighted the invaluable mentorship received from AACM artists, emphasizing how their guidance was essential for his growth and development as an artist. This sentiment reflects a broader appreciation for the opportunities and connections that AACM provides its members.

Overall, the feedback indicates a strong sense of community and support among both current and former musicians involved with AACM. The organization appears to be highly regarded for its commitment to nurturing creativity and the professional journeys of its members.


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

Is Association For The Advancement Of Creative Musicians legitimate?

Association For The Advancement Of Creative Musicians is a legitimate nonprofit organization registered as a 501(c)(3) entity. Association For The Advancement Of Creative Musicians 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: $0

For more financial information, click here


Official website here: www.aacmchicago.org

What is the mission statement of Association For The Advancement Of Creative Musicians?

The Association for the Advancement of Creative Musicians is a collective of musicians and composers dedicated to fostering the growth of performers and recording serious original music. This collective comprises dynamic and visionary artists who are committed to showcasing and exposing original compositions. The organization's mission involves nurturing these artists, providing them with opportunities to perform and record their distinctive compositions. The collective aims to promote and support serious original music, serving as a platform for emerging talents in the field.


Official website here: www.aacmchicago.org

Who is the CEO of Association For The Advancement Of Creative Musicians?

Coco Elysses is the President of Association For The Advancement Of Creative Musicians.


Official website here: www.aacmchicago.org

What is the revenue of Association For The Advancement Of Creative Musicians?

Association For The Advancement Of Creative Musicians's revenue in 2022 was $44,650.


Official website here: www.aacmchicago.org

Who are the executives of Association For The Advancement Of Creative Musicians and what are their salaries?

There 8 volunteers at Association For The Advancement Of Creative Musicians.


Here are 5 key members and their salaries:


Coco Elysses (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Khari Malik-Bey (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jovia Armstrong (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Mitchell (Communications Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ugochi Nwaogwugwu (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.aacmchicago.org

Where can I find the form 990 for Association For The Advancement Of Creative Musicians?

Association For The Advancement Of Creative Musicians's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aacmchicago.org

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

Mission Statement of Association For The Advancement Of Creative Musicians

The Association for the Advancement of Creative Musicians is a collective dedicated to supporting musicians and composers. Their mission is centered around nurturing performers and recording serious original music. This collective is composed of dynamic and visionary artists who share a common need: to expose and showcase their original compositions. The Association serves as a platform for these artists, providing them with opportunities to perform and record their unique works.

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Impact




August, 2024

The Association for the Advancement of Creative Musicians has had a significant impact on the music industry by nurturing performers and recording serious original music. As a collective of musicians and composers dedicated to showcasing and exposing original compositions, they have contributed to the diversity and innovation in the music landscape. Through programs like performance contracts that help musicians earn revenue, they support artists and promote a culture of artistic exploration. Based in Chicago, Illinois, this organization plays a crucial role in fostering dynamic and visionary artists who push the boundaries of creativity in music.




This information is meant to be a general summary of Association For The Advancement Of Creative Musicians. 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
$44,650 (2022)
Expenses
$45,998 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2
  • Gross Receipts: $44,650

Assets and Liabilities:

  • Total Assets: $165,709
  • Total Liabilities: $0
  • Net Assets: $165,709

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Programs

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

EARNED INCOME

Organization Details

Founding Year

1965

Principal Officer

Coco Elysses

Main Address

PO Box 7529, CHICAGO, IL, 60680

NTEE Category

Code: A03 - Arts

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