Overview
What is Americana Music Foundation?
The Americana Music Foundation, situated in Nashville, Tennessee, is a nonprofit organization that plays a significant role in preserving and promoting Americana music. Their primary activity involves organizing an annual conference, featuring insightful panel discussions and captivating musical performances. Beyond this, they are dedicated to archiving musical history and showcasing emerging talent through various events. The organization's mission is to foster an appreciation for cultural heritage by educating and inspiring future creators, thereby enhancing their understanding and engagement with Americana music.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Stars)
The Americana Music Foundation has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization demonstrates a commendable level of governance, with 90% of its board members being independent, which is critical for ensuring unbiased decision-making and transparency.
In terms of financial metrics, the foundation shows a solid program expense ratio of 67.98%, suggesting that a significant portion of its budget is allocated towards its programs. Additionally, the charity has a low liabilities to assets ratio of 0.74%, indicating it has manageable debt levels relative to its assets, which is a positive sign for financial stability.
However, the overall score of 66% suggests there are areas for improvement. While the foundation has established policies to mitigate conflicts of interest and has no reported material diversion of assets, there may be concerns about other financial practices or operational efficiencies that affect its overall rating. Continued efforts to enhance accountability and financial performance could help improve its standing in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Americana Music Foundation legitimate?
Americana Music Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Americana Music 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: $37,631
Professional Fundraising Fees: $16,100
Other Salaries and Wages: $103,174
For more financial information, click here
What is the mission statement of Americana Music Foundation?
The Americana Music Foundation's mission is centered around preserving Americana music through education. It strives to foster a deeper understanding, awareness, and appreciation of cultural heritage by highlighting inspiration and encouraging the engagement of future creators. The organization achieves this through various activities, such as curating an annual conference featuring panel discussions and musical performances, archiving musical history, and showcasing musical talent at various events.
Who is the CEO of Americana Music Foundation?
Kurt Vitolo is the Executive Dir. of Americana Music Foundation.
What is the revenue of Americana Music Foundation?
Americana Music Foundation's revenue in 2022 was $969,053.
Who are the executives of Americana Music Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Americana Music Foundation?
Americana Music Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Americana Music Foundation
The Americana Music Foundation, an esteemed organization, was established with a mission to preserve Americana music through education. By strengthening understanding, awareness, and appreciation of cultural heritage, the foundation aims to shed light on the sources of inspiration and foster the capacity and engagement of future creators. This is achieved by engaging in activities that promote the understanding and appreciation of Americana music, such as curating an annual conference featuring panel discussions and musical performances, archiving musical history, and presenting events showcasing musical talent.
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Impact
July, 2024
The impact of the Americana Music Foundation extends far and wide, not only preserving Americana music but also enhancing its understanding, appreciation, and cultural significance. Through its annual conference featuring panel discussions and musical performances, the organization brings together artists, industry professionals, and enthusiasts to celebrate and promote this unique genre of music. By working on archiving musical history and showcasing talent through events, the Americana Music Foundation is playing a vital role in preserving the heritage of Americana music and inspiring future creators. Its mission to educate and raise awareness about Americana music's cultural importance shines a light on the rich tapestry of musical traditions that make up the American cultural landscape.
This information is meant to be a general summary of Americana 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.
- Program Service Revenue: $635,914
- Gross Receipts: $969,053
Assets and Liabilities:
- Total Assets: $667,823
- Total Liabilities: $4,965
- Net Assets: $662,858
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AMERICANA FEST CONFERENCE
Revenue
$472,605
BLACKBERRY FARMS CONCERT
Revenue
$163,309
Organization Details
Founding Year
2018
Phone
(615) 320-5101Principal Officer
Kurt Vitolo
Main Address
PO BOX 40547, NASHVILLE, TN, 37204
NTEE Category
Code: A68 - Arts
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