Black Music Entrepreneurship Incubator

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

EIN: 854045973 ✦ Oakland, CA ✦ Designated as a 501(c)(3)

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Overview

What is Black Music Entrepreneurship Incubator?

Black Music Entrepreneurship Incubator is a recently established nonprofit organization, established in December 2020, with a primary focus on empowering predominantly Black musical artists, music technology innovators, and music entrepreneurs. Based in Oakland, California, the organization provides an extensive educational platform to enhance or develop their skills and capabilities. Their mission is achieved through instruction and training, aiming to create a supportive environment that fosters growth in the music industry. The organization has gained exposure through a detailed website, furthering its reach to the targeted demographic.


Official website here: www.blackmusicincubator.org

Is Black Music Entrepreneurship Incubator legitimate?

Black Music Entrepreneurship Incubator is a legitimate nonprofit organization registered as a 501(c)(3) entity. Black Music Entrepreneurship Incubator 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: $52,970

For more financial information, click here


Official website here: www.blackmusicincubator.org

What is the mission statement of Black Music Entrepreneurship Incubator?

The Black Music Entrepreneurship Incubator is dedicated to educating, instructing, and training predominantly Black musical artists, music technology creators, and music entrepreneurs. Its primary objective is to enhance or develop their capabilities, aiming to contribute positively to the music industry. Established in December 2020, the organization has managed to gain exposure within the Black entrepreneurial community through a detailed website.


Official website here: www.blackmusicincubator.org

Who is the CEO of Black Music Entrepreneurship Incubator?

Bosco Kante is the Treasurer of Black Music Entrepreneurship Incubator. The CEO's salary of Black Music Entrepreneurship Incubator is $0 and their total compensation is $0.


Official website here: www.blackmusicincubator.org

What is the revenue of Black Music Entrepreneurship Incubator?

Black Music Entrepreneurship Incubator's revenue in 2022 was $760,391.


Official website here: www.blackmusicincubator.org

Who are the executives of Black Music Entrepreneurship Incubator and what are their salaries?


Here are 3 key members and their salaries (Black Music Entrepreneurship Incubator's CEO's salary is $0 and their total compensation is $0):


Bryan Calhoun (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lance Coleman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bosco Kante (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.blackmusicincubator.org

Where can I find the form 990 for Black Music Entrepreneurship Incubator?

Black Music Entrepreneurship Incubator's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.blackmusicincubator.org

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

Mission Statement of Black Music Entrepreneurship Incubator

Black Music Entrepreneurship Incubator, established in December 2020, is committed to educating, instructing, and training predominantly black musical artists, music technology creators, and music entrepreneurs. The organization's mission is to enhance or develop their capabilities, aiming to contribute positively to the music industry. By providing comprehensive education and training, Black Music Entrepreneurship Incubator seeks to empower these individuals, equipping them with the necessary skills to succeed in their respective fields. The incubator's focus on predominantly black musicians and entrepreneurs is a testament to its dedication to promoting diversity and inclusivity within the music industry. With a detailed website, the organization has managed to garner attention and exposure within the black entrepreneurial community.

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Impact




July, 2024

The Black Music Entrepreneurship Incubator has made a meaningful impact by providing education, instruction, and training to predominantly black musical artists, music technology creators, and music entrepreneurs. Through their work, they have helped individuals improve their capabilities and develop their talents within the music industry. This initiative has not only supported the growth of black talent in the music sector but has also created opportunities for advancement and success within a competitive industry.




This information is meant to be a general summary of Black Music Entrepreneurship Incubator. 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
$760,391 (2022)
Expenses
$450,196 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,137
  • Gross Receipts: $760,391

Assets and Liabilities:

  • Total Assets: $484,244
  • Total Liabilities: $181,485
  • Net Assets: $302,759

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Organization Details

Founding Year

2020

Principal Officer

Bosco Kante

Main Address

1035 7th St, Oakland, CA, 94607

NTEE Category

Code: A25 - Arts

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