Overview
What is Ascap Foundation?
The ASCAP Foundation, based in New York, New York, is a nonprofit organization committed to nurturing the future of music creators and preserving musical heritage. They achieve this through various educational, professional, and humanitarian programs. Their initiatives include scholarship and fellowship opportunities for students in music-related fields, providing financial assistance ranging from $1,000 to $10,000. The foundation also awards emerging composers and songwriters with cash prizes, ranging from $125 to $10,000, to foster their talent. Additionally, they conduct songwriting workshops, community outreach, and offer grants to other 501(c)(3) organizations for music education. The ASCAP Foundation's mission is to sustain the creative spirit of music creators across generations.
Official website here: www.ascapfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
The Ascap Foundation has received a Three-Star rating from Charity Navigator, reflecting a solid score of 87% primarily in the Accountability & Finance category. This rating is indicative of the organization's commitment to transparency and financial health, highlighted by a strong program expense ratio and effective fundraising efficiency. However, the foundation has some noted gaps, such as a missing whistleblower policy and the lack of distributed tax forms to the board prior to filing.
User feedback on platforms like GreatNonprofits emphasizes the foundation's significant impact on music education and support for emerging artists. Reviewers praise its extensive music programs, involvement in underfunded schools, and the impressive board members who contribute to the organization’s prestige. The annual Awards Ceremony is highlighted as a notable event that connects attendees with influential figures in the music industry, showcasing the foundation's connections and commitment to fostering talent.
While the Ascap Foundation demonstrates a strong financial standing and community engagement, there are areas for improvement in governance practices. Addressing these limitations could further enhance the foundation’s reputation and effectiveness in serving the music community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
What do the Facebook reviews say about Ascap Foundation?
92% of 30 reviewers on Facebook recommend the ASCAP Foundation. Here is a summary of their reviews:
Many contributors express a strong appreciation for the services offered by the ASCAP Foundation, highlighting their positive experiences and eagerness to return. The sentiment is overwhelmingly favorable, with reviewers often citing satisfaction with their interactions and the support provided.
Overall, the ASCAP Foundation seems to resonate well with those who have engaged with it, indicating a commitment to delivering valuable services that meet the needs of their users.
This AI summary has been generated from reviews found on Facebook.
Is Ascap Foundation legitimate?
Ascap Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ascap Foundation 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.ascapfoundation.org
What is the mission statement of Ascap Foundation?
The ASCAP Foundation's mission is centered around nurturing the musical talents of future generations, preserving the legacy of past creators, and providing ongoing incentives for current music creators. This is achieved through a range of educational, professional, and humanitarian programs and activities. The foundation offers scholarships, fellowships, and awards to support the study of music, including songwriting, composition, and the music business. Additionally, they provide cash awards to emerging composers and songwriters, fostering their growth in the industry. The ASCAP Foundation also engages in community outreach and grants to other 501(c)(3) organizations focused on music education.
Official website here: www.ascapfoundation.org
Who is the CEO of Ascap Foundation?
Nicole George-Middleton is the Executive Director of Ascap Foundation.
Official website here: www.ascapfoundation.org
What is the revenue of Ascap Foundation?
Ascap Foundation's revenue in 2022 was $1,913,648.
Official website here: www.ascapfoundation.org
Who are the executives of Ascap Foundation and what are their salaries?
There 25 volunteers at Ascap Foundation.
Here are 25 key members and their salaries:
- Compensation: $0
- Related: $173,625
- Other: $19,780
- Compensation: $0
- Related: $126,128
- Other: $7,599
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ascapfoundation.org
Where can I find the form 990 for Ascap Foundation?
Ascap Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ascapfoundation.org
Learn more at the official website: www.ascapfoundation.org
Mission Statement of Ascap Foundation
The ASCAP Foundation, a nonprofit organization, is committed to fostering the growth and development of American music creators. Its mission is threefold: firstly, it seeks to nurture the musical talent of the future by offering educational and talent development programs. This includes conducting songwriting workshops, providing scholarships and fellowships, and awarding cash prizes to emerging composers and songwriters. Secondly, the foundation works towards preserving the musical legacy of the past by honoring those who have made significant contributions to the music industry. Lastly, it aims to sustain the creative incentive for current music creators by offering a variety of programs and activities that serve the entire music community. In essence, the ASCAP Foundation is dedicated to supporting, educating, and inspiring the next generation of music creators while honoring the achievements of the past.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Ascap Foundation has a significant impact on American music creators by providing them with support and opportunities for development. Through its music education and talent development programs such as songwriting workshops, scholarships, awards, community outreach, and grants to other music education organizations, Ascap Foundation plays a vital role in nurturing the music talent of tomorrow. By offering scholarships, fellowships, awards, and composer programs, Ascap Foundation ensures that students at all levels have access to opportunities for studying music, songwriting, music composition, and the business of music. This support not only helps individuals in their musical journey but also contributes to sustaining the creative incentive for today's music creators.
This information is meant to be a general summary of Ascap Foundation. 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: $435,645
- Gross Receipts: $2,258,651
Assets and Liabilities:
- Total Assets: $10,632,719
- Total Liabilities: $68,851
- Net Assets: $10,563,868
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1975
Phone
(212) 621-6526Principal Officer
Nicole George-Middleton
Main Address
250 West 57th Street, New York, NY, 10107
Website
www.ascapfoundation.orgNTEE Category
Code: A60J - Arts
If you are a representative of Ascap Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.