NonprofitsBlack Music Action Coalition Inc

Arts, Culture & Humanities

Black Music Action Coalition Inc

W HOLLYWOOD, CA

Total revenue

$4.2M

Total expenses

$2.1M

Net assets

$2.1M

Grants received

$25K

3 grants

EIN

920894392

Tax year

2023

Mission

Empowerment and education in music

Programs

2 programs

The black music action coalition (bmac) and the academy of country music (acm) launched "onramp," an economic empowerment and mentorship program for 20 young, black members of the music community, including artists and industry professionals, in nashville, tennessee. The on ramp program works to create inclusion for black talent who have historically been excluded from artistic and economic success within country music, despite a legacy of origination and contribution. The onramp program, focused on improving inclusivity and equity within music city, aims to empower the next generation of leaders in the early stages of their careers by granting access to professional development opportunities, community mentorship, and other avenues to increase personal growth, industry exposure, exclusive bmac membership panels. Through music maker grants, mentorship programs and music business education programs bmac has created access, opportunity and job placements for emerging music industry professionals. The bmac on ramp program provided economic empowerment with monthly support and ongoing mentorship to an underserved community of artists and professionals in tn. Bmac impact events and convenings serve to create narrative change. Bmac directly supported communities through the holiday gifting program.

Expenses: $493KGrants: $210K

The black music action coalition (bmac) worked in partnership with tv host nick cannon and his next superstar tour 2023 to provide a nationwide slate of grants for emerging music artists. The tour and correlated grants were a celebratory, empowerment journey for the rising stars of music's next generation. Bmac put out a nationwide application for emerging artists to apply in their hometown as the tour came through. Bmac worked with a coalition to identify bmac x future superstar grantees in 17 cities. Grantees received grant funding, a next superstar educational seminar, and the chance to participate in a next superstar show with headlining talent performing. In addition, bmac was proud to provide mentorship programming for grantees and the opportunity to participate in bmac music industry events

Expenses: $98KGrants: $80K

Financials

FY 2023

Revenue

Contributions & grants$4.0M
Program service revenue
Investment income
Other revenue$231K
Total revenue$4.2M

Expenses

Grants paid$290K
Salaries & benefits$156K
Fundraising$18K
Other expenses$1.7M
Total expenses$2.1M
Total assets$2.3M
Net assets$2.1M

People

8 listed

NameRoleCompensation

WILLIE STIGGERS

PRESIDENT/DIRECTOR

Board

40 hrs/wk

SHAWN HOLIDAY

EXECUTIVE VP/DIRECTOR

Board

2 hrs/wk

CARON VEAZEY

VICE PRESIDENT/DIRECTOR

Board

2 hrs/wk

ASHAUNNA AYARS

VICE PRESIDENT/DIRECTOR

Board

2 hrs/wk

NAIMA COCHRANE

VICE PRESIDENT/DIRECTOR

Board

2 hrs/wk

JAMIL DAVIS

SECRETARY/DIRECTOR

Board

2 hrs/wk

DAMIEN SMITH

TREASURER/DIRECTOR

Board

2 hrs/wk

ANN GILBERTSON HAGGART

DIRECTOR OF OPERATIONS

Board

40 hrs/wk

Grants received

Showing 3 of 3

FromAmountPurposeYear
$10K
COMMUNITY/DISASTER RELIEF GRANT
2024
$10K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2024
$5K
GENERAL
2023

Funded by

$25K from 3 funders · 3 grants · 2023–2024

Beygood Foundation

$10K · 1 grant · 2024

Tides Center

$10K · 1 grant · 2024

Pledgeling Foundation

$5K · 1 grant · 2023

Details

EIN920894392
NTEE codeA01
Subsection03
Ruling date2023-03
Formed2022
Employees0
Volunteers0
BLACK MUSIC ACTION COALITION INC — Mission, Financials & Grants Received | Grantivo