Elma Us Music Foundation
- Assets
- $3.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2011
- Data as of
- 12/2022
- EIN
- 27-3622277
Organization Overview
Elma Us Music Foundation is located in New York, NY. The organization was established in 2011. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elma Us Music Foundation 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 12/2022, Elma Us Music Foundation generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 58.5% each year . All expenses for the organization totaled $4.4m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Elma Us Music Foundation has awarded 71 individual grants totaling $11,513,089. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Mcpartland Director, CEO & Treasurer | 0.5 | $0 | |
Robyn Calder Director & President | 0.5 | $0 | |
Paul Katz Director | 0.5 | $0 | |
Meron Makonnen Secretary/director | 0.5 | $0 | |
Clive Calder Director | 0.5 | $0 | |
Tarik Ward Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000,000 |
| Interest on Savings | $1,246 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,001,246 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $374 |
| Total operating and administrative expenses | $20,124 |
| Contributions, gifts, grants paid | $4,353,709 |
| Total expenses and disbursements | $4,373,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $520,637 |
| Savings and temporary cash investments | $2,537,952 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,058,589 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Elma Us Music Foundation has awarded $4,353,709 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
MANHATTAN SCHOOL OF MUSIC PURPOSE: PROJECT SUPPORT FOR THE HUGH MASEKELA HERITAGE SCHOLARSHIP FUND. | $722,500 |
BROOKLYN COMMUNITY FOUNDATION PURPOSE: PROJECT SUPPORT TO A COMMUNITY FOUNDATION FOR SUB-GRANTING AND THE PROVISION OF TECHNICAL ASSISTANCE TO SMALL ART AND MUSIC BASED YOUTH DEVELOPMENT ORGANIZATIONS IN BROOKLYN, NY. | $444,000 |
ELLIS MARSALIS CENTER FOR MUSIC INC PURPOSE: GENERAL SUPPORT FOR AN AFTER-SCHOOL MUSIC PROGRAM PROVIDING UNDERSERVED CHILDREN AND YOUTH FROM THE NINTH WARD OF NEW ORLEANS THE OPPORTUNITY TO STUDY MUSIC THROUGH ARTS-FOCUSED YOUTH DEVELOPMENT PROGRAMS. | $283,000 |
JAZZ FOUNDATION OF AMERICA INC PURPOSE: PROJECT SUPPORT FOR THE JAZZ AND BLUES IN THE SCHOOLS PROGRAM (JITS), WHICH EXTENDS THE CAREERS OF AGING ARTISTS AND BRINGS MUSIC TO SCHOOLS, NURSING HOMES AND HOSPITALS NATIONWIDE. | $275,000 |
THE MIAMI FOUNDATION INC PURPOSE: PROJECT SUPPORT FOR THE MIAMI MUSIC ALLIANCE (MMA), A COLLABORATIVE EFFORT OF SIX ORGANIZATIONS TO PROVIDE 5100 PRE-K THROUGH HIGH SCHOOL STUDENTS IN MIAMI GARDENS WITH SEQUENTIAL MUSIC EDUCATION AND SOCIO-EMOTIONAL SUPPORT. | $250,000 |
SAVE THE MUSIC FOUNDATION PURPOSE: PROJECT SUPPORT FOR CITY WIDE MUSIC EDUCATION ADVANCEMENT IN NEW ORLEANS SCHOOLS. | $225,000 |