NonprofitsAscap Foundation

Arts & Culture

Ascap Foundation

NEW YORK, NY

Total revenue

$2.5M

Total expenses

$1.5M

Net assets

$14.4M

Grants received

$1.1M

68 grants

EIN

510181769

Tax year

2024

Mission

The ASCAP Foundation is dedicated to supporting American music creators and encouraging their development through music education and talent development programs including songwriting workshops, scholarships, awards, community outreach and grants to other 501(c)(3) organizations for music education.

Programs

3 programs

MUSIC EDUCATION AND COMMUNITY OURTREACH: The ASCAP Foundation is dedicated to nurturing the music talent of tomorrow by developing and supporting educational programs that provide effective learning opportunities consistent with our mission to students of all ages. The ASCAP Foundation has provided funding to support 15 Music Education and / or Development programs throughout the year with the goal of enhancing and promoting music education and providing the community with access to music and its history. These 15 programs include 13 that received $5,000 or more in funding and 2 programs that received less $5,000.

Expenses: $338KGrants: $107K

TALENT DEVELOPMENT: The ASCAP Foundation Talent Development programs provide aid and encouragement to music creators nationally who are in various stages of their careers including, Workshops (10); Commissioning programs (1); and sponsorship of talent development programs, (8). By providing professional opportunities to emerging composers, lyricists and songwriters, The ASCAP Foundation supports their careers and promotes their works.

Expenses: $175KGrants: $74K

Other program services include 4 humanitarian programs that includes music therapy programs for veterans with PTSD; Aphasia patients; students on the autism spectrum and other program support expenses.

Expenses: $38KGrants: $18K

Financials

FY 2024

Revenue

Contributions & grants$1.8M
Program service revenue
Investment income$634K
Other revenue$116K
Total revenue$2.5M

Expenses

Grants paid$522K
Salaries & benefits
Fundraising$346K
Other expenses$971K
Total expenses$1.5M
Total assets$14.5M
Net assets$14.4M

People

23 listed

NameRoleCompensation

Joan Hill

Sr. Director of Finance and Administration

Board

40 hrs/wk

Paul Williams

President

Board

0.5 hrs/wk

Irwin Robinson

Vice President

Board

0.5 hrs/wk

Dean Kay

Treasurer

Board

0.5 hrs/wk

Alex Shapiro

Secretary

Board

0.5 hrs/wk

Charles Bernstein

Director

Board

0.25 hrs/wk

Bruce Broughton

Director

Board

0.25 hrs/wk

Tita Cahn

Director

Board

0.25 hrs/wk

Desmond Child

Director

Board

0.25 hrs/wk

Dan Foliart

Director

Board

0.25 hrs/wk

James Kendrick

Director

Board

0.25 hrs/wk

Tania Leon

Director

Board

0.25 hrs/wk

Michelle Lewis

Director

Board

0.25 hrs/wk

James McBride

Director

Board

0.25 hrs/wk

Roger McNulty

Director

Board

0.25 hrs/wk

Marcus Miller

Director

Board

0.25 hrs/wk

Betsy Perez

Director

Board

0.25 hrs/wk

Michael Price

Director

Board

0.25 hrs/wk

Stephen Schwartz

Director

Board

0.25 hrs/wk

Valerie Simpson

Director

Board

0.25 hrs/wk

Doug Wood

Director

Board

0.25 hrs/wk

Nicole George-Middleton

Executive Director

Board

10 hrs/wk

Heather Lynn

Sr. Director, Development & Fundraising

Staff

35 hrs/wk

Grants received

Showing 68 of 68

FromAmountPurposeYear
$51K
GENERAL
2024
$35K
CHARITABLE
2024
$11K
PROGRAM SUPPORT
2024
$8K
ARTS, CULTURE
2024
$3K
General & Unrestricted
2024
$250
GENERAL SUPPORT
2024
$35K
CHARITABLE
2023
$20K
GENERAL OPERATING
2023
$20K
TOWARD THE CHILDREN WILL LISTEN PROGRAM
2023
$11K
PROGRAM SUPPORT
2023
$10K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE
2023
$8K
FOSTER MUSIC EDUCATION
2023
$5K
UNRESTRICTED GENERAL SUPPORT
2023
$4K
GENERAL OPERATIONS
2023
$3K
General & Unrestricted
2023
$35K
CHARITABLE
2022
$26K
For grant recipient's exempt purposes
2022
$13K
GENERAL SUPPORT
2022
$11K
COLLEGE EDUCATION SCHOLARSHIP(S) FOR STUDENT(S) IN NEED
2022
$9K
TOWARD THE 2023 CHILDREN WILL LISTEN PROGRAM
2022
$5K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.
2022
$4K
FOSTER MUSIC EDUCATION
2022
$4K
GENERAL OPERATIONS
2022
$250
EXEMPT ORGANIZATION'S
2022
$28K
General Support
2021
$10K
PROGRAM SUPPORT
2021
$4K
FOSTER MUSIC EDUCATION
2021
$4K
GENERAL OPERATIONS
2021
$45K
General Support
2020
$35K
CHARITABLE
2020
$12K
SCHOLARSHIP SUPPORT
2020
$10K
GENERAL SUPPORT
2020
$5K
CHARITABLE CONTRIBUTION
2020
$5K
TO FURTHER DONEE'S EXEMPT PURPOSE
2020
$5K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.
2020
$4K
FOSTER MUSIC EDUCATION
2020
$4K
GENERAL OPERATIONS
2020
$3K
CHARITABLE CONTRIBUTION
2020
$500
General & Unrestricted
2020
$157
TO SUPPORT GROWTH AND APPRECIATION OF MUSIC.
2020
$138K
For grant recipient's exempt purposes
2019
$26K
For grant recipient's exempt purposes
2018
$12K
General & Unrestricted
2018
$5K
CHARITABLE CONTRIBUTION
2018
$5K
AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE.
2018
$5K
ASCAP SUNLIGHT OF THE SPIRIT AWARD
2018
$5K
ASCAP SUNLIGHT OF THE SPIRIT AWARD
2018
$4K
FOSTER MUSIC EDUCATION
2018
$3K
CHARITABLE CONTRIBUTION
2018
$111K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$25K
Education Arts
2017
$500
GENERAL PURPOSE
2017

Funded by

$1.1M from 31 funders · 68 grants · 2017–2024

Fidelity Investments Charitable Gift Fund

$301K · 4 grants · 2017–2022

Louis Armstrong Educational Foundat

$255K · 4 grants · 2019–2022

The Herb Alpert Foundation

$140K · 4 grants · 2020–2024

Paypal Charitable Giving Fund

$86K · 3 grants · 2020–2022

Pledgeling Foundation

$51K · 1 grant · 2024

The Miami Foundation Inc

$43K · 4 grants · 2021–2024

The Ahmanson Foundation

$29K · 2 grants · 2022–2023

California Community Foundation

$25K · 1 grant · 2017

Details

EIN510181769
NTEE codeA60J
Subsection03
Ruling date1976-01
Formed1975
Employees0
Volunteers20
ASCAP FOUNDATION — Mission, Financials & Grants Received | Grantivo