Cma Foundation

Organization Overview

Cma Foundation is located in Nashville, TN. The organization was established in 2012. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cma 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 03/2022, Cma Foundation generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.1%) each year. All expenses for the organization totaled $1.1m during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (17.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Cma Foundation has awarded 335 individual grants totaling $24,828,293. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE CMA FOUNDATION EXISTS TO PROVIDE FINANCIAL SUPPORT TO WORTHWHILE CAUSES THAT ARE IMPORTANT TO THE COUNTRY MUSIC ASSOCIATION AND THE COUNTRY MUSIC COMMUNITY. THE CMA FOUNDATION PLACES SPECIAL EMPHASIS ON SERVING THE NEED OF CMAS CORE CONSTITUENTS, NONPROFIT ORGANIZATIONS WITH INITIATIVES THAT PRESERVE THE LEGACY OF THE FORMAT, MUSIC EDUCATION, AND RESPOND TO CATASTROPHIC NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CMA FOUNDATION FOCUSES ON IMPROVING AND SUSTAINING MUSIC EDUCATION PROGRAMS EVERYWHERE WHILE SUPPORTING WORTHWHILE CAUSES IMPORTANT TO THE COUNTRY MUSIC ASSOCIATION.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,191,294
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$619,110
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,810,404
Total Program Service Revenue$0
Investment income $246,276
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $282,328
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,339,008

Grants Awarded

Over the last fiscal year, Cma Foundation has awarded $656,000 in support to 12 organizations.

Grant RecipientAmount

STATE EDUCATION AGENCY DIRECTORS OF ARTS EDUCATION

Org PageRecipient Profile

Dover, DE

PURPOSE: AEDP 21-22 GRANT

$425,000

THE TOURING PROFESSIONALS ALLIANCE INC

Org PageRecipient Profile

Burbank, CA

PURPOSE: TPAK SECOND COVID GRANT

$36,000

COUNTRY MUSIC FOUNDATION

Org PageRecipient Profile

Nashville, TN

PURPOSE: CMHOF 21-22 GRANT

$25,000

TENNESSEE PERFORMING ARTS CENTER

Org PageRecipient Profile

Nashville, TN

PURPOSE: TPAC 21-22 GRANT

$25,000

TENNESSEE ARTS ACADEMY FOUNDATION

Org PageRecipient Profile

Nashville, TN

PURPOSE: TAA 21-22 GRANT

$25,000

NASHVILLE PUBLIC EDUCATION FOUNDATION

Org PageRecipient Profile

Nashville, TN

PURPOSE: MNPS 2020 GRANT

$25,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 7 grants that Cma Foundation has recieved totaling $1,402,411.

Awarding OrganizationAmount
Country Music Association Inc

Nashville, TN

PURPOSE: SUPPORTING MUSIC EDUCATIONAL AND CULTURAL ACTIVITIES

$1,084,118
The Community Fdn Of Middle Tn Inc

Nashville, TN

PURPOSE: FOR UNDESIGNATED SUPPORT

$190,000
Jake Owen Foundation

Nashville, TN

PURPOSE: ASSISTANCE TO INDIGENT FAMILIES

$50,000
Anne Potter Wilson Fdn Trust Ua

Dallas, TX

PURPOSE: UNRESTRICTED GENERAL

$50,000
Pledgeling Foundation

Venice, CA

PURPOSE: GENERAL

$16,636
Show Maker Symposium

Cuyahoga Falls, OH

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$11,626
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,486,316
Ending Balance$4,486,316

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