NonprofitsBahamas Music Foundation Usa Inc

Education

Bahamas Music Foundation Usa Inc

WINDERMERE, FL

Total revenue

$3.5M

Total expenses

$3.9M

Net assets

$2.4M

Grants received

$2.1M

14 grants

EIN

821489150

Tax year

2024

Mission

Support education of bahamas youth through scholarships and disaster relief

Financials

FY 2024

Revenue

Contributions & grants$3.4M
Program service revenue
Investment income$118K
Other revenue
Total revenue$3.5M

Expenses

Grants paid$3.9M
Salaries & benefits
Fundraising
Other expenses$42K
Total expenses$3.9M
Total assets$2.4M
Net assets$2.4M

People

3 listed

NameRoleCompensation

DOUGLAS MCMAHON

PRESIDENT AND TREASURER

Board

1 hrs/wk

LAUREN MORGAN

VICE PRESIDENT

Board

1 hrs/wk

DIANNE SPARROW

SECRETARY

Board

1 hrs/wk

Grants received

Showing 14 of 14

FromAmountPurposeYear
$150K
COMMUNITY SUPPORT
2023
$170K
COMMUNITY SUPPORT
2022
$25K
TO PROVIDE SUPPORT TO HELP THE YOUTH OF THE BAHAMAS MISSION OF EDUCATION THROUGH SCHOLARSHIPS AND DIASTER RELIEFT
2022
$10K
FOR SCHOLARSHIPS
2022
$650K
COMMUNITY SUPPORT
2020
$50K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2020
$25K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2020
$105K
EDUCATIONAL PROGRAMS & OTHER STUDENT SVC
2019
$85K
COMMUNITY & HUMAN SERVICES
2019
$61K
For grant recipient's exempt purposes
2019
$183K
COMMUNITY SUPPORT
2018

Funded by

$2.1M from 8 funders · 14 grants · 2018–2023

Tiger Woods Foundation Inc

$1.2M · 4 grants · 2018–2023

The Goldman Sachs Charitable Gift Fund

$760K · 4 grants · 2019–2020

Gs Donor Advised Philanthropy Fund

$85K · 1 grant · 2019

National Philanthropic Trust

$50K · 1 grant · 2019

The Bryson Dechambeau Foundation

$25K · 1 grant · 2022

Berkshire Taconic Community

$10K · 1 grant · 2022

Details

EIN821489150
NTEE codeB82
Subsection03
Ruling date2018-02
Formed2017
Employees0
Volunteers3
BAHAMAS MUSIC FOUNDATION USA INC — Mission, Financials & Grants Received | Grantivo