Overview
What is Alternative Music Foundation?
The Alternative Music Foundation is a nonprofit organization situated in Berkeley, California, specifically at 924 Gilman Street. Its primary purpose is to champion and offer entertainment centered around alternative music. By doing so, it aims to cater to the needs and interests of its members and the broader community. The foundation's activities are geared towards providing alternative musical experiences and enjoyment for all who engage with it.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, Two-Star out of Four Star rating.
The Alternative Music Foundation has received a 73% rating from Charity Navigator, reflecting a moderate level of accountability and financial health. While the organization excels in certain governance practices, such as having a fully independent board and a solid liabilities-to-assets ratio, it has notable weaknesses related to transparency. Key policies regarding conflict of interest, whistleblower protections, and document retention are currently absent, which raises concerns about governance practices.
Despite these limitations, the foundation demonstrates effective program expense management, contributing positively to its overall score. However, the lack of accessible information on its website, as indicated by its failure to list important documents like tax forms, could hinder public trust and accountability. This suggests an area for improvement where the foundation could enhance its visibility and operational transparency.
Overall, while the Alternative Music Foundation shows promising governance strengths, it must address its transparency shortcomings to improve its rating and foster greater trust among stakeholders. Continuing to build on its strengths while addressing policy deficiencies will be crucial for its future sustainability and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Alternative Music Foundation legitimate?
Alternative Music Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alternative 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Alternative Music Foundation?
The Alternative Music Foundation is committed to fulfilling its mission by offering Alternative Music and entertainment to its members and guests. The primary objective of the foundation is to promote Alternative Music and provide an enjoyable experience through entertainment. They strive to cater to the musical preferences of their audience, serving as a platform for the appreciation and celebration of Alternative Music. The foundation's activities aim at fostering a sense of community among its members and music enthusiasts, offering them a unique and engaging musical experience.
What is the revenue of Alternative Music Foundation?
Alternative Music Foundation's revenue in 2024 was $397,612.
Who are the executives of Alternative Music Foundation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Alternative Music Foundation?
Alternative Music Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Alternative Music Foundation
The Alternative Music Foundation, as its name suggests, is dedicated to promoting and providing Alternative Music as entertainment for its members and the wider community. This nonprofit organization's mission is geared towards catering to the musical tastes of its audience, offering an alternative to mainstream music. By doing so, the Foundation aims to create a unique and engaging experience for its members and guests. In essence, the Alternative Music Foundation serves as a platform for the appreciation and enjoyment of alternative music genres.
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Impact
October, 2024
The Alternative Music Foundation significantly impacts the local music scene in Berkeley, California, by fostering a vibrant community centered around alternative music. It serves as a platform for both emerging and established artists, creating opportunities for them to showcase their talents and connect with audiences who appreciate the genre.
By promoting alternative music, the foundation enhances cultural diversity within the community, offering a space for artistic expression and innovation. Its events and performances draw in members and guests alike, strengthening social ties and enriching the local cultural landscape. Through its commitment to providing entertainment, the foundation not only supports musicians but also encourages community engagement, making alternative music accessible and enjoyable for all.
This information is meant to be a general summary of Alternative 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 2024.
- Gross Receipts: $397,612
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
2014
Principal Officer
Alex Botkin
NTEE Category
Code: A68 - Arts
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