American Composers Alliance
- Assets
- $48.6k
- Revenue
- $225.3k
- Investments
- $0.0
- Employees
- 3
- Location
- New York, NY
- Founding
- 02/2007
- Data as of
- 06/2023
- EIN
- 13-1550544
Organization Overview
American Composers Alliance is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, American Composers Alliance employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Composers Alliance 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, American Composers Alliance generated $225.3k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $243.1k during the year ending 06/2023. While expenses have increased by 7.4% 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
FIRST ESTABLISHED IN THE 1930S, ACA HAS DEVELOPED AS A PUBLISHING ADMINISTRATOR FOR AMERICAN CONCERT MUSIC, REPRESENTING COMPOSERS AND ESTATES THROUGH SEVERAL GENERATIONS OF CREATIVE WORK. WITH A CURATED CATALOG OF OVER 15,000 WORKS, ACA PRESERVES HISTORICAL WORKS, INTRODUCES NEW WORKS, AND DEVELOPS INNOVATIVE WAYS TO INCREASE AWARENESS, PERFORMANCE OPPORTUNITIES AND PUBLIC ENGAGEMENT WITH A UNIQUE AND GROWING CATALOG PRESERVED IN PRINT AND MODERN DIGITAL FORMATS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PRIMARY PROGRAM ACTIVITY FOR ACA INVOLVES THE MANAGEMENT AND PRESERVATION OF A COLLECTION OF CLASSICAL MUSIC BY SEVERAL GENERATIONS OF AMERICAN COMPOSERS, DATING TO 1905. THE GOAL IS TO CONTINUE THE WORK OF THE ORGANIZATIONS'S FOUNDERS TO SUPPORT AND CURATE NEW CREATIVE WORK AND ALSO PRESERVE HISTORICAL WORKS, MAINTAINING A DIVERSE CATALOG THAT REACHES PERFORMING ARTISTS WORLD-WIDE. THE GRRANTING OF ADMINISTRATION AND CUSTODIAL RIGHTS TO ACA BY THE AUTHORS ALLOWS FOR THEIR MUSIC TO REMAIN IN PRINT FOR STUDY AND PERFORMANCE FOR THE LONG TERM FUTURE. DURING THE 2022-2023 YEAR ACA WAS AWARDED A GOVERNMENT GRANT FROM THE NATIONAL ENDOWMENT FOR THE ARTS (NEA) IN THE AMOUNT OF 10,000 FOR WORK BEING DONE ON THE CATALOG THROUGH 2023. EXPENSES TOWARDS THIS PROJECT WERE INCURRED DURING THE CURRENT FISCAL YEAR - SO WHILE THE GRANT WILL NOT BE AWARDED UNTIL THE NEXT FISCAL YEAR, THE CURRENT YEAR DEFICIT WILL BE CORRECTED IN THE FOLLOWING YEAR WHEN THE AWARD IS RECEIVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Dangerfield Treasurer | Officer | $0 | |
Gina Genova Director | Officer | $0 | |
Robert Gibson President | Officer | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $9,440 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $52,239 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,679 |
| Total Program Service Revenue | $98,136 |
| Investment income | $1,460 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $62,373 |
| 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 | $225,306 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $0 |
| Other salaries and wages | $120,011 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,909 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,800 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,490 |
| Advertising and promotion | $7,003 |
| Office expenses | $3,617 |
| Information technology | $6,000 |
| Royalties | $9,738 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,666 |
| All other expenses | $0 |
| Total functional expenses | $243,068 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,304 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $10,867 |
| 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 | $1,980 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,409 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $48,560 |
| Accounts payable and accrued expenses | $1,202 |
| 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 | $2,672 |
| Total liabilities | $3,874 |
| Net assets without donor restrictions | $36,186 |
| Net assets with donor restrictions | $8,500 |
| 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 | $48,560 |