Overview
What is Austin Music Foundation?
The Austin Music Foundation is a nonprofit organization committed to bolstering Austin's music industry. They achieve this by offering a range of innovative programs, focusing on educating and empowering music professionals and businesses within Austin's thriving creative economy. Their free resources, adapted to the current music business landscape, encompass expert panels, consultations, mentorship, and networking events. These initiatives aim to provide the essential tools and opportunities needed for the Austin music community to flourish, ultimately contributing to its overall growth and success.
Official website here: www.austinmusicfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating. This score reflects strong accountability and finance practices within the Austin Music Foundation. The rating is derived solely from a single beacon, emphasizing that the foundation has been successful in maintaining transparency and responsible management of its resources.
The organization boasts a fully independent board, with 100% of its members meeting this criterion, which contributes positively to its governance score. Additionally, the foundation has shown no material diversion of assets and has effectively documented board meeting minutes, further highlighting its commitment to accountability. The low liabilities to assets ratio indicates sound financial health.
On the program expense front, the Austin Music Foundation allocates approximately 77% of its budget toward programs, which is a strong indicator of its dedication to its mission. Despite these strengths, the overall score is somewhat limited by the fact that it is based solely on accountability and finance metrics, which may not fully capture the organization's impact in the community.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Austin Music Foundation?
94% of 58 reviewers on Facebook recommend Austin Music Foundation. Here is a summary of their reviews:
Many users express a strong appreciation for the organization, highlighting its impactful programs and support for local musicians. The enthusiasm for the resources provided by Austin Music Foundation is evident, with numerous comments praising the dedication and commitment of the team to enhancing the local music scene.
Overall, it is clear that the nonprofit effectively delivers on its mission, fostering a positive environment for artists and engaging the community. The general sentiment is overwhelmingly positive, showcasing the foundation's role in uplifting and promoting music in Austin.
This AI summary has been generated from reviews found on Facebook.
Is Austin Music Foundation legitimate?
Austin Music Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Austin Music Foundation submitted a form 990EZ, 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.
Official website here: www.austinmusicfoundation.org
What is the mission statement of Austin Music Foundation?
The Austin Music Foundation's mission is to enrich and foster the local music industry by offering innovative programs. These programs aim to empower music professionals and businesses within the creative economy. The foundation provides free educational resources, tailored to the current music business landscape. This includes expert panels, consultations, mentoring sessions, and networking events, all designed to equip the Austin music community with the necessary tools and opportunities to flourish.
Official website here: www.austinmusicfoundation.org
Who is the CEO of Austin Music Foundation?
Jennifer Dugas is the Exec Director of Austin Music Foundation.
Official website here: www.austinmusicfoundation.org
What is the revenue of Austin Music Foundation?
Austin Music Foundation's revenue in 2022 was $190,706.
Official website here: www.austinmusicfoundation.org
Who are the executives of Austin Music Foundation and what are their salaries?
Here are 23 key members and their salaries:
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Official website here: www.austinmusicfoundation.org
Where can I find the form 990EZ for Austin Music Foundation?
Austin Music Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.austinmusicfoundation.org
Learn more at the official website: www.austinmusicfoundation.org
Mission Statement of Austin Music Foundation
The Austin Music Foundation, a nonprofit organization, is dedicated to bolstering and linking the local music industry in Austin. Their mission is accomplished through an array of innovative programs that empower music professionals and businesses within the city's creative economy. The foundation offers a range of free educational resources, meticulously tailored to the current music business landscape. These resources include expert panels, consultations, mentorship, and networking events. These tools and opportunities are designed to foster growth and success within the Austin music community, thereby ensuring its thriving future.
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Impact
October, 2024
The Austin Music Foundation significantly impacts the local music industry by fostering connections and providing essential resources for music professionals and businesses. Through innovative programs, it equips individuals with the tools necessary to navigate today’s evolving music landscape.
Their educational offerings, which include expert panels, consultations, mentoring, and networking events, create an environment conducive to collaboration and growth. By focusing on the unique needs of the Austin creative economy, they empower artists and industry stakeholders to thrive, ultimately strengthening the vibrant music scene in Austin. This support not only elevates individual careers but also enhances the overall cultural fabric of the community.
This information is meant to be a general summary of Austin Music 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.
- Gross Receipts: $190,706
Assets and Liabilities:
- Total Assets: $73,413
- Total Liabilities: $24,769
- Net Assets: $48,644
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Organization Details
Phone
(512) 542-0077Principal Officer
Jennifer Dugas
Main Address
3903 S Congress Ave 40610, Austin, TX, 78704
NTEE Category
Code: A68 - Arts
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