Overview

Sign up for

Est.

2017

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Music Academy Foundation Inc is a nonprofit organization dedicated to transforming lives through music, focusing on arts and culture. With an operating budget of $708.4K and total revenue of $699.4K for the 2024 filing year, the foundation is supported by multiple funders, none of which contribute 50% or more of its revenue. For more information, visit their website at www.musicacademyfoundation.org.

Mission Statement

CHANGING LIVES THROUGH MUSIC
Revenues
$699.4K
Expenses
$708.4K
Net Income:
-$9K
Assets
$525.6K
Liabilities
$521.2K
Net Assets:
+$4.5K
Operating Budget
$708.4K
Operating Budget by Year

Due Diligence

Are you a grantmaker?
Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
1
Median grant size
$10K
Largest grant received
$10K
P
Peter Coco
Board Member
D
Deborah Coco
Board Member
G
Gina Daddario
Board Member

Frequently Asked Questions

What is THE MUSIC ACADEMY FOUNDATION INC’s budget?
In 2024, THE MUSIC ACADEMY FOUNDATION INC reported an annual operating budget of around $708 thousand. More detailed financial information is available to registered users.
What causes does THE MUSIC ACADEMY FOUNDATION INC support?
THE MUSIC ACADEMY FOUNDATION INC supports work in Arts and culture.
Where does THE MUSIC ACADEMY FOUNDATION INC operate?
THE MUSIC ACADEMY FOUNDATION INC is headquartered in Garden City, NY.
Who funded THE MUSIC ACADEMY FOUNDATION INC recently?
In 2024, THE MUSIC ACADEMY FOUNDATION INC received grants from CORNELIA T BAILEY CHARITABLE TRUST, CORNELIA T BAILEY CHARITABLE TRUST, and CORNELIA T BAILEY CHARITABLE TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant THE MUSIC ACADEMY FOUNDATION INC received in 2024?
The largest grant to THE MUSIC ACADEMY FOUNDATION INC in 2024 exceeds $10 thousand.
What is THE MUSIC ACADEMY FOUNDATION INC’s reliance on government grants?
THE MUSIC ACADEMY FOUNDATION INC relied on government grants for less than 5% of their total revenue in 2024.