NonprofitsIbma Foundation Inc

Arts, Culture & Humanities

Ibma Foundation Inc

BURLINGTON, NC

Total revenue

$227K

Total expenses

$119K

Net assets

$644K

Grants received

$87K

12 grants

EIN

824785593

Tax year

2024

Mission

The organization's mission is to build a brighter future for bluegrass music and help donors create a legacy by supporting programs and projects that focus on bluegrass music-related arts and culture, education, literary work and historic preservation.

Financials

FY 2024

Revenue

Contributions & grants$193K
Program service revenue$398
Investment income$30K
Other revenue$4K
Total revenue$227K

Expenses

Grants paid$60K
Salaries & benefits$27K
Fundraising$15K
Other expenses$32K
Total expenses$119K
Total assets$644K
Net assets$644K

People

17 listed

NameRoleCompensation

NANCY CARDWELL

EXECUTIVE DIRECTOR

Board

$26K

15 hrs/wk

ALAN TOMPKINS

VICE-CHAIR

Board

1 hrs/wk

RUTH MCLAIN

SECRETARY

Board

1 hrs/wk

WENDY TYNER

TREASURER

Board

3 hrs/wk

KISSY BLACK

DIRECTOR

Board

1 hrs/wk

SAM BLUMENTHAL

DIRECTOR

Board

1 hrs/wk

RICHARD BROWN

DIRECTOR

Board

1 hrs/wk

BECKY BULLER

DIRECTOR

Board

1 hrs/wk

TRISHA TUBBS

PRESIDENT/CHAIR

Board

5 hrs/wk

MICHAEL HALL

DIRECTOR

Board

1 hrs/wk

PETER SALOVEY

DIRECTOR

Board

1 hrs/wk

MONA SALYER

DIRECTOR

Board

1 hrs/wk

MARK SCHUSTER

DIRECTOR

Board

1 hrs/wk

LILLIAN WERBIN

DIRECTOR

Board

1 hrs/wk

JOHN YOUNG

DIRECTOR

Board

1 hrs/wk

KEN WHITE

EX-OFFICIO

Board

1 hrs/wk

LAURIE GREENBERG

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 12 of 12

FromAmountPurposeYear
$5K
To develop and implement "Emcee Masterclass" Webinar and Video
2023
$3K
Community Programs
2023
$3K
SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION
2023
$1K
OPERATIONAL SUPPORT
2023
$20K
CHARITABLE
2022
$10K
General Support
2022
$5K
To develop and implement the first year of Bluegrass Stagecraft 101
2022
$3K
SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION
2022
$3K
SUPPORT FOR THE CHARITABLE OBJECTIVES OF THE RESPECTIVE CHARITABLE 501(C)3 ORGANIZATION
2021
$11K
ARNOLD SHULTZ FUND
2020
$500
MATCHING GIFTS
2020

Funded by

$87K from 9 funders · 12 grants · 2020–2023

Steve Martin Charitable Foundation

$25K · 1 grant · 2020

Carner Family Trust

$20K · 1 grant · 2022

Purple Crayon Foundation

$11K · 1 grant · 2020

The Eppes - Jefferson Foundation Inc

$10K · 2 grants · 2022–2023

Faraway Foundation

$10K · 1 grant · 2022

The William F Connell Charitable Trust

$8K · 3 grants · 2021–2023

Schuster Foundation

$3K · 1 grant · 2023

W L Lyons Brown Foundation

$1K · 1 grant · 2023

Details

EIN824785593
NTEE codeA12
Subsection03
Ruling date2019-02
Formed2017
Employees0
Volunteers42
IBMA FOUNDATION INC — Mission, Financials & Grants Received | Grantivo