Overview
What is The National Museum Of African American Music?
The National Museum of African American Music, situated in Nashville, Tennessee, is a vibrant nonprofit organization dedicated to educating the world, preserving the legacy, and celebrating the significant role African Americans have played in shaping the American soundtrack. Their initiatives encompass various programs, including the BMBC Certification, which delves into various facets of the music business, artist development, and monetizing creativity. The Emerging Artist Series offers a platform for aspiring musicians to hone their performance skills and business acumen. The Rivers of Rhythm Institute for Social Education is a professional development experience for Tennessean educators, focusing on black stories and voices. Additionally, the museum hosts engaging events such as Sips & Stanzas, where professionals connect with music leaders, and annual celebrations like Black Music Month, featuring local and national artists.
Official website here: www.nmaam.org
What are the reviews and ratings of this charity?
**Charity Navigator Rating: 2 Stars (65%)**
The National Museum of African American Music has received a two-star rating from Charity Navigator, indicating that there is room for improvement in its accountability and financial health. The organization has demonstrated a strong independent board structure, with all members being independent and an effective oversight committee. However, significant gaps in essential policies such as whistleblower and document retention policies have contributed to the overall lower rating.
Financially, while the organization maintains a solid liabilities-to-assets ratio and demonstrates efficient fundraising practices, it struggles with low program expense ratios, suggesting a need for better alignment between expenses and mission-related activities. Notably, the salaries of key personnel raise questions about financial prioritization, which might detract from funding directed toward the museum's operational programs.
At this time, user reviews from GreatNonprofits are not available, limiting insights into public sentiment or feedback. Overall, while the museum plays a crucial role in cultural enrichment, potential donors and supporters should consider its financial management and governance practices carefully.
This AI summary has been generated from information found on Charity Navigator.
Is The National Museum Of African American Music legitimate?
The National Museum Of African American Music is a legitimate nonprofit organization registered as a 501(c)(3) entity. The National Museum Of African American Music 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: $600,328
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,128,941
For more financial information, click here
Official website here: www.nmaam.org
What is the mission statement of The National Museum Of African American Music?
The National Museum of African American Music's mission is to educate the world, preserve the legacy, and celebrate the central role African Americans have played in creating the American soundtrack. This is achieved through various programs such as the Black Music Business Certification, Emerging Artist Series, Rivers of Rhythm Institute for Social Education, From Nothing to Something workshop series, and Sips & Stanzas social networking event. These initiatives aim to provide educational opportunities, expose educators to African American influences, engage youth in music education, and network with music industry professionals. Annually, they celebrate Black Music Month with activities like community days, block parties, and workshops, showcasing a range of African American artists.
Official website here: www.nmaam.org
Who is the CEO of The National Museum Of African American Music?
C Dion Brown is the CEO of The National Museum Of African American Music The CEO's salary of The National Museum Of African American Music is $224,949 and their total compensation is $234,646.
Official website here: www.nmaam.org
What is the revenue of The National Museum Of African American Music?
The National Museum Of African American Music's revenue in 2024 was $8,352,192.
Official website here: www.nmaam.org
Who are the executives of The National Museum Of African American Music and what are their salaries?
The average compensation at The National Museum Of African American Music during 2024 was $38,440. There are 71 employees and 110 volunteers at The National Museum Of African American Music.
Here are 26 key members and their salaries (The National Museum Of African American Music's CEO's salary is $224,949 and their total compensation is $234,646):
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- Compensation: $266,539
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- Other: $13,321
- Compensation: $224,949
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- Compensation: $164,737
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- Compensation: $133,999
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- Compensation: $112,173
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- Other: $10,732
- Compensation: $108,215
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- Other: $399
Official website here: www.nmaam.org
Where can I find the form 990 for The National Museum Of African American Music?
The National Museum Of African American Music's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.nmaam.org
Learn more at the official website: www.nmaam.org
Mission Statement of The National Museum Of African American Music
The National Museum of African American Music, an esteemed institution, is dedicated to educating the world, preserving the legacy, and celebrating the central role African Americans have played in shaping the American soundtrack. The museum's mission is threefold: education, preservation, and celebration.
In the realm of education, the museum seeks to enlighten individuals about the rich history and influence of African American music on American culture. This is achieved through various programs and initiatives, such as the BMBC certification program, which delves into the intricacies of the music business, artist development, and monetizing creativity.
The museum also actively preserves the legacy of African American music. This is manifested in the Rivers of Rhythm Institute for Social Education, a professional development experience for educators. The goal of this program is to provide educators with a comprehensive understanding of Black stories and voices, highlighting the impact of African Americans on Music City.
Lastly, the museum celebrates the central role African Americans have played in creating the American soundtrack. This is evident in the Emerging Artist Series, which provides aspiring musicians an opportunity to hone their performance skills and business acumen. The museum also hosts Sips & Stanzas, a monthly social networking event that brings together professionals to engage in discussions on America's music history.
In conclusion, The National Museum of African American Music is a beacon of education, preservation, and celebration of African American music's profound influence on American culture. Through various programs and initiatives, the museum seeks to enlighten, inspire, and pay tribute to this vital part of America's heritage.
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Impact
July, 2024
The impact of The National Museum of African American Music is significant in educating the world about the crucial role African Americans have played in shaping the American soundtrack. By preserving the legacy of black music and celebrating its cultural importance, the museum not only honors the contributions of African American artists but also promotes diversity and inclusion in the music industry. Through initiatives like the Black Music Business Certification program, the Emerging Artist Series, and the Rivers of Rhythm Institute for Social Education, the museum is empowering individuals, particularly youth and educators, to engage with and appreciate the richness of black musical heritage. Additionally, events like Sips & Stanzas and the annual Black Music Month celebrations provide forums for networking, learning, and enjoying the talents of emerging and established black artists. Overall, the museum's impact extends beyond Nashville, TN, reaching audiences across the country and beyond, showcasing the vibrancy and importance of black music in American culture.
This information is meant to be a general summary of The National Museum Of African American Music. 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 2024.
- Investment Income: $8,160
- Program Service Revenue: $3,235,254
- Gross Receipts: $8,527,196
Assets and Liabilities:
- Total Assets: $38,517,966
- Total Liabilities: $14,470,359
- Net Assets: $24,047,607
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS
Revenue
$2,445,624
EVENT REVENUE
Revenue
$685,636
MEMBERSHIP
Revenue
$103,994
Organization Details
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