Aaron Copland Fund For Music Inc
- Assets
- $18.1m
- Revenue
- $2.7m
- Investments
- $17.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1991
- Data as of
- 06/2021
- EIN
- 13-3620909
Organization Overview
Aaron Copland Fund For Music Inc is located in New York, NY. The organization was established in 1991. 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. Aaron Copland Fund For Music 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, Aaron Copland Fund For Music Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $2.2m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Aaron Copland Fund For Music Inc has awarded 994 individual grants totaling $5,935,233. 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.
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Board, Officers & Key Employees
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Philip Rothman Music & Consulting | 6/29/21 | $119,002 |
Schott Music Corporation | 6/29/21 | $782,417 |
Law Offices Of James M Kendrick Llc | 6/29/21 | $65,145 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $404,489 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $629,986 |
| Capital Gain Net Income | $629,986 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,630,196 |
| Total Revenue | $2,664,671 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $136,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $51,823 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,198 |
| Printing and publications | $0 |
| Other expenses | $39,376 |
| Total operating and administrative expenses | $1,342,184 |
| Contributions, gifts, grants paid | $871,700 |
| Total expenses and disbursements | $2,213,884 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $374,711 |
| 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 | $2,906,405 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $18,112,112 |
| 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, Aaron Copland Fund For Music Inc has awarded $871,700 in support to 183 organizations.
| Grant Recipient | Amount |
|---|---|
NEW MUSIC USA PURPOSE: SUPPLEMENTAL GRANT | $72,500 |
COPLAND HOUSE INC PURPOSE: SUPPLEMENTAL GRANT | $30,000 |
LIBRARY OF CONGRESS PURPOSE: SPECIAL GRANT | $30,000 |
CABRILLO FESTIVAL OF CONTEMP MUSIC PURPOSE: PERFORMING GRANT | $19,500 |
BMOP PURPOSE: PERFORMING GRANT | $18,600 |
BOSTON SYMPHONY ORCHESTRA PURPOSE: SUPPLEMENTAL GRANT | $18,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Handel And Haydn Society Boston, MA | $29,038,335 | $22,868,295 |
Groton Hill Music Inc Groton, MA | $210,830,113 | $41,196,688 |
Newport Festivals Foundation Inc Essex, MA | $20,080,911 | $11,132,304 |
Whyhunger Inc New York, NY | $5,607,325 | $7,869,621 |
Caramoor Center For Music & The Arts Inc Katonah, NY | $49,439,168 | $6,140,543 |
Save The Music Foundation New York, NY | $5,156,662 | $8,206,045 |
Rockport Music Inc Rockport, MA | $31,791,427 | $3,720,672 |
American Friends Of Les Arts Florissants Inc New York, NY | $1,107,997 | $2,546,808 |
Chicken & Egg Pictures Inc Brooklyn, NY | $9,525,742 | $4,390,371 |
Young Concert Artists Inc New York, NY | $10,777,916 | $2,607,839 |
Play On Philly Philadelphia, PA | $3,128,034 | $1,933,765 |
New Music Usa Inc New York, NY | $21,074,524 | $3,287,635 |