Aaron Copland Fund For Music Inc
- Assets
- $18.5m
- Revenue
- $2.2m
- Investments
- $18.1m
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1991
- Data as of
- 06/2023
- 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 06/2023, Aaron Copland Fund For Music Inc generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $2.8m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Aaron Copland Fund For Music Inc has awarded 1,116 individual grants totaling $6,913,550. 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
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Shapiro Director | 1 | $3,600 | |
Augusta Read Thomas Director | 1 | $2,400 | |
Christopher Theofanidis First Vice President/director | 3 | $50,950 | |
Ellen Taaffe Zwilich Vice President/director | 5 | $4,000 | |
James M Kendrick ESQ Exec Vp/secy/director | 15 | $125,432 | |
John Corigliano Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Schott Music Corporation | 6/29/23 | $409,702 |
Nyc Music Services | 6/29/23 | $167,656 |
Snowden Account Services Llc | 6/29/23 | $83,813 |
Essential Business Advisors | 6/29/23 | $73,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $563,564 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $79,372 |
| Capital Gain Net Income | $79,372 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,556,692 |
| Total Revenue | $2,199,628 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $361,915 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $52,259 |
| Depreciation | $0 |
| Occupancy | $65,356 |
| Travel, conferences, and meetings | $33,467 |
| Printing and publications | $920 |
| Other expenses | $83,678 |
| Total operating and administrative expenses | $1,421,583 |
| Contributions, gifts, grants paid | $1,416,400 |
| Total expenses and disbursements | $2,837,983 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $135,322 |
| Savings and temporary cash investments | $265,964 |
| 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 | $18,530,060 |
| 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 $1,416,400 in support to 176 organizations.
| Grant Recipient | Amount |
|---|---|
92ND STREET Y PURPOSE: ENCOURAGE KNOWLEDGE AND APPRECIATION OF CONTEMPORARY AMERICAN MUSIC | $5,000 |
AKROPOLIS REED QUINTET PURPOSE: ENCOURAGE KNOWLEDGE AND APPRECIATION OF CONTEMPORARY AMERICAN MUSIC | $10,500 |
AFRO LATIN JAZZ ALLIANCE OF NY INC PURPOSE: ENCOURAGE KNOWLEDGE AND APPRECIATION OF CONTEMPORARY AMERICAN MUSIC | $5,000 |
ALBANY SYMPHONY ORCHESTRA PURPOSE: ENCOURAGE KNOWLEDGE AND APPRECIATION OF CONTEMPORARY AMERICAN MUSIC | $55,000 |
ALARM WILL SOUND INC PURPOSE: ENCOURAGE KNOWLEDGE AND APPRECIATION OF CONTEMPORARY AMERICAN MUSIC | $16,000 |
AMERICAN ACADEMY IN ROME PURPOSE: ENCOURAGE KNOWLEDGE AND APPRECIATION OF CONTEMPORARY AMERICAN MUSIC | $9,000 |