Songwriters Hall Of Fame Inc

Organization Overview

Songwriters Hall Of Fame Inc is located in New York, NY. The organization was established in 1972. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Songwriters Hall Of Fame Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Songwriters Hall Of Fame Inc generated $488.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $426.6k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO MEMORIALIZE COMPOSERS AND AUTHORS THROUGH THEIR MUSICAL COMPOSITIONS BY INDUCTING SELECTEES INTO THE SONGWRITERS HALL OF FAME. TO DEVELOP A MUSEUM WHICH WOULD PROMOTE SONGWRITING AND ITS HISTORY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATIONAL WORKSHOPS TO HELP ARTISTS AND SONGWRITERSIMPROVE THEIR SKILLS


SCHOLARSHIPS AWARDED TO PROMISING YOUNG SONGWRITERS


EDUCATIONAL WORKSHOPS TO HELP ARTISTS AND SONGWRITERSIMPROVE THEIR SKILLS


SCHOLARSHIPS AWARDED TO PROMISING YOUNG SONGWRITERS


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$39,309
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$412,171
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$451,480
Total Program Service Revenue$0
Investment income $1,511
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $15,672
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $488,673

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Songwriters Hall Of Fame Inc has recieved totaling $81,005.

Awarding OrganizationAmount
National Music Publishers Assn Inc

Washington, DC

PURPOSE: EVENT SPONSORSHIP

$81,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,806,408
Earnings$1,511
Ending Balance$1,807,919

Peer Organizations

Create an account to unlock the data you need.

or