National Independent Venue Foundation
- Assets
- $1.3m
- Revenue
- $431.6k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- Data as of
- 06/2023
- EIN
- 85-2436574
Organization Overview
National Independent Venue Foundation is located in New York, NY. 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. National Independent Venue 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 06/2023, National Independent Venue Foundation generated $431.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (50.7%) each year. All expenses for the organization totaled $644.8k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, National Independent Venue Foundation has awarded 11 individual grants totaling $2,660,500. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE NATIONAL INDEPENDENT VENUE FOUNDATION (NIVF) IS TO PRESERVE AND NURTURE THEECOSYSTEM OF INDEPENDENT LIVE PERFORMANCE VENUES AND PROMOTERS THROUGHOUT THE UNITED STATES BY SUPPORTING A TRANSPARENT, COMPETITIVE MARKETPLACE SERVING A DIVERSE AND INCLUSIVE COMMUNITY OF ARTISTS, FANS, AND INDUSTRY WORKERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EMERGENCY RELIEF FUND: THE FOUNDATION ADMINISTERS AN EMERGENCY RELIEF FUND THAT PROVIDES ECONOMIC RELIEF TO INDEPENDENT LIVE PERFORMANCE VENUES AND PROMOTERS ACROSS THE UNITED STATES EXPERIENCING A CRITICALLY SEVERE EMERGENCY DUE TO CIRCUMSTANCES BEYOND THEIR CONTROL. THIS WORK WAS BORN OUT OF THE COVID-19 CRISIS BUT CARRIES ON AS A CRITICAL SAFETY NET FOR THE INDEPENDENT SPACES AND WORKERS WHO SERVE AS THE HUBS AND INCUBATORS FOR CREATIVE CULTURE IN THE UNITED STATES. EMERGENCY RELIEF FUND WORK HAS ALSO EXPANDED TO INCLUDE PROACTIVE PLANNING AND SUPPORT MEASURES, SUCH AS THE WEATHER EMERGENCY RESOURCE LISTING.
WORKFORCE DEVELOPMENT: CREATING AND SHARING RESOURCES FOR INDEPENDENT VENUES AND PROMOTERS, BUILDING PATHWAYS TO DIVERSE OWNERSHIP, AND SUPPORTING COMMUNITY ENGAGEMENT AND EDUCATION EFFORTS ARE ALL PART OF THE FOUNDATION'S CORE WORK. NIVF'S WORKFORCE DEVELOPMENT PROGRAMMING PROVIDES TRAINING ON RELEVANT ISSUES FOR LIVE PERFORMANCE SPACES. MONTHLY VIRTUAL TRAINING SESSIONS PROVIDE REGULAR WORKSHOPS TO TRAIN AND UPSKILL EXISTING WORKERS, AND THE VENUE OPERATIONS EXPERIENCE (VOX) OFFERS A CERTIFICATE AND INTERNSHIP PROGRAM TO BRING NEW WORKERS INTO THE INDUSTRY. THE NIVF TRAINING HUB PROVIDES ONGOING ACCESS TO WORKSHOP AND WORKFORCE DEVELOPMENT MATERIALS, AND THE INDEPENDENT VENUE JOB BOARD OFFERS JOB POSTING AND HIRING CAPACITY FOR THE SECTOR.
OTHER PROGRAMS: THE NIVF CONFERENCE TRAVEL GRANT PROGRAM PROVIDED UP TO A $500 TRAVEL REIMBURSEMENT FOR FLIGHT OR ESTIMATED FUEL COSTS TO DRIVE TO NIVA '22 AND NIVA '23 CONFERENCES HELD IN JULY OF 2022 AND 2023, RESPECTIVELY. THESE REIMBURSEMENT GRANTS WERE FUNDED BY A GENEROUS DONOR AND WERE PROVIDED TO THOSE IN NEED OF FINANCIAL ASSISTANCE FOR TRAVEL TO ATTEND THE CONFERENCE.NIVF PARTNERED WITH CALLING ALL CROWS' #HEREFORTHEMUSIC SEXUAL VIOLENCE PREVENTION PROGRAM TO BRING FREE ANTI-HARASSMENT SAFETY TRAINING AND POLICY WORKSHOPS TO EVERYONE IN THE INDEPENDENT LIVE ENTERTAINMENT COMMUNITY. WE PROVIDED THEIR SIGNATURE ONLINE TRAINING COURSES, FREE OF CHARGE, TO EDUCATE ATTENDEES ON HOW TO IDENTIFY POTENTIALLY HARMFUL BEHAVIORS, STRATEGIES TO SAFELY AND EFFECTIVELY DISRUPT HARM, AND HOW TO RESPOND TO REPORTS OF VIOLENCE IN A TRAUMA-INFORMED WAY. IN ADDITION, THREE LIVE ONLINE WORKSHOPS WERE HELD TO ASSIST PARTICIPANTS WITH BUILDING AN ANTI-HARASSMENT POLICY FOR THEIR ORGANIZATIONS. IN-PERSON TRAININGS TOOK PLACE IN NYC, TAMPA, OR AUSTIN WHICH INCLUDED 1:1 POLICY CONSULTATION OPPORTUNITIES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hal Real President | OfficerTrustee | 5 | $0 |
Tobi Parks Vice President | OfficerTrustee | 2 | $0 |
Laura Wilson Treasurer | OfficerTrustee | 5 | $0 |
Annie Brinn Secretary | OfficerTrustee | 3 | $0 |
Torrie Allen Board Member | Trustee | 1 | $0 |
Taneshia Nash Laird Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $415,810 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $415,810 |
| Total Program Service Revenue | $0 |
| Investment income | $15,750 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $431,560 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $117,869 |
| Grants and other assistance to domestic individuals. | $10,071 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $106,480 |
| Compensation of current officers, directors, key employees. | $37,071 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $105,179 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,805 |
| Payroll taxes | $17,819 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,803 |
| Fees for services: Accounting | $21,175 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $170,224 |
| Advertising and promotion | $388 |
| Office expenses | $9,636 |
| Information technology | $28,485 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $7,989 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,702 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,848 |
| All other expenses | $0 |
| Total functional expenses | $644,773 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $172,725 |
| Savings and temporary cash investments | $1,117,651 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $18,599 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,308,975 |
| Accounts payable and accrued expenses | $62,255 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $62,255 |
| Net assets without donor restrictions | $328,481 |
| Net assets with donor restrictions | $918,239 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,308,975 |
Grants Awarded
Over the last fiscal year, National Independent Venue Foundation has awarded $90,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
RUMBA ROOM LIVE ANAHEIM LLC PURPOSE: EMERGENCY RELIEF FUND | $25,000 |
NICE GUYS PINTS & PIES LLC PURPOSE: EMERGENCY RELIEF FUND | $25,000 |
THE PARISH AUSTIN LLC PURPOSE: EMERGENCY RELIEF FUND | $25,000 |
THE HOLLAND PROJECT PURPOSE: EMERGENCY RELIEF FUND | $15,000 |