Acmp Foundation
- Assets
- $9.3m
- Revenue
- $198.0k
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1993
- Data as of
- 07/2023
- EIN
- 95-4437773
Organization Overview
Acmp Foundation is located in New York, NY. The organization was established in 1993. According to its NTEE Classification (A12) the organization is classified as: Fund Raising & Fund Distribution, 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. Acmp 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 07/2023, Acmp Foundation generated $198.0k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 16.9% each year . All expenses for the organization totaled $433.6k during the year ending 07/2023. While expenses have increased by 9.5% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO FURTHER THE AIMS AND PURPOSE OF ACMP ASSOCIATED CHAMBER OF MUSIC PLAYERS INC., PRIMARILY THROUGH GRANTS TO EDUCATION INSTITUTIONS AND TO ORGANIZATIONS THAT PROVIDE CHAMBER MUSIC PLAYING AND ENGAGEMENT ACTIVITIES FOR AMATEURS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHAMBER MUSIC WORKSHOPS GRANTS ARE AWARDED TO NON-PROFIT ORGANIZATIONS AND OTHERS THAT PRESENT WORKSHOPS FOR ADULT AMATEUR CHAMBER MUSIC PLAYERS WORLDWIDE. GRANTS ARE PROVIDED TO SUBSIDIZE COACHES' SALARIES, TO REDUCE REGISTRATION FEES FOR PARTICIPANTS, AND TO PROVIDE SCHOLARSHIPS. ACMP SEEKS TO FUND WORKSHOPS WHICH REKINDLE AN ENTHUSIASM AND ENERGY FOR CHAMBER MUSIC PLAYING; EXPAND A PLAYER'S KNOWLEDGE OF THE CHAMBER MUSIC REPERTOIRE; DEEPEN INSIGHTS AND SKILL IN THE PERFORMANCE OF CHAMBER MUSIC; HELP PLAYERS MAKE NEW CONNECTIONS WITH OTHER PLAYERS.
THE PLAY-IN GRANT SUPPORTS INFORMAL PUBLIC EVENTS WHERE PEOPLE OF ALL AGES AND PLAYING LEVELS GATHER TO PLAY CHAMBER MUSIC FOR PURE PLEASURE. PLAY-INS ARE NOT PERFORMANCES, BUT SOME INCLUDE NON-PLAYING LISTENERS. ALTHOUGH PROFESSIONAL CHAMBER MUSICIANS MAY BE INVOLVED AS ORGANIZERS OR PLAYING ALONG. THE PROGRAM HELPS MEMBERS OF THE PUBLIC TO BECOME FAMILIAR WITH THE PLEASURE OF PLAYING CHAMBER MUSIC.
THE HOME COACHING PROGRAM ENCOURAGES MUSICIANS WHO MEET REGULARLY AS A GROUP TO ENGAGE A PROFESSIONAL COACH IN ORDER TO GAIN MUSICAL INSIGHT, DEVELOP EFFICIENT REHEARSAL SKILLS AND EXCHANGE MUSICAL IDEAS. ACMP PROVIDES UP TO 50% OF THE COACH'S FEES. ENSEMBLE MEMBERS MUST BE ACMP MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Peter Aupperle Chair | OfficerTrustee | 1 | $0 |
Richard S Weinert Vice Chair | OfficerTrustee | 1 | $0 |
Louise K Smith Treasurer | OfficerTrustee | 1 | $0 |
Susan Alexander Member- At- Large | Trustee | 1 | $0 |
Beatrice Francais Member- At- Large | Trustee | 1 | $0 |
Ron Goldman Member- At- Large | Trustee | 1 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Investment income | $198,034 |
| 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 | $198,034 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $252,772 |
| Grants and other assistance to domestic individuals. | $4,160 |
| Grants and other assistance to Foreign Orgs/Individuals | $26,050 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $37,979 |
| Other salaries and wages | $20,013 |
| Pension plan accruals and contributions | $3,292 |
| Other employee benefits | $5,057 |
| Payroll taxes | $4,742 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,687 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,000 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,314 |
| Office expenses | $104 |
| Information technology | $7,013 |
| Royalties | $0 |
| Occupancy | $23,865 |
| Travel | $223 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,302 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,087 |
| Insurance | $1,478 |
| All other expenses | $1,664 |
| Total functional expenses | $433,579 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,827 |
| Savings and temporary cash investments | $960,210 |
| 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 | $10,840 |
| Net Land, buildings, and equipment | $33,186 |
| Investments—publicly traded securities | $8,274,717 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,541 |
| Total assets | $9,343,321 |
| Accounts payable and accrued expenses | $20,710 |
| Grants payable | $2,000 |
| 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 | $76,382 |
| Total liabilities | $99,092 |
| Net assets without donor restrictions | $9,244,229 |
| Net assets with donor restrictions | $0 |
| 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 | $9,343,321 |