Form 990 for tax year 2024
Filed by BLACK MUSIC ACTION COALITION INC.
Totals
- Total revenue
- $2,059,123
- Total expenses
- $2,522,416
- Contributions and grants received
- $1,800,378
- Grants paid
- $221,000
- Program service revenue
- $0
- Investment income
- $18,980
- Other revenue
- $239,765
- Total assets, end of year
- $1,777,119
- Total liabilities, end of year
- $110,085
- Net assets or fund balances, end of year
- $1,667,034
- Program services expenses (Part IX)
- $1,964,826
- Management and general expenses
- $501,840
- Fundraising expenses
- $55,750
- Program service expenses (Part III)
- $1,964,826
Program services were 77.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$1,800,378
-
3 · Investment income
total $18,980 · related or exempt $18,980
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: REIMBURSED EXPENSES
total $239,765 · related or exempt $239,765
-
11e · Other revenue, total
$239,765
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $221,000 · program services $221,000
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $107,500 · program services $896 · management and general $95,944 · fundraising $10,660
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $69,085 · management and general $62,177 · fundraising $6,908
-
8 · Pension plan contributions
total $0
-
9 · Other employee benefits
total $0
-
10 · Payroll taxes
total $8,803 · program services $70 · management and general $7,860 · fundraising $873
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $4,295 · management and general $3,866 · fundraising $429
-
11c · Fees: accounting
total $105,973 · management and general $95,376 · fundraising $10,597
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $4,145 · program services $575 · management and general $3,213 · fundraising $357
-
13 · Office expenses
total $28,351 · program services $19,712 · management and general $7,782 · fundraising $857
-
14 · Information technology
total $3,880 · management and general $3,492 · fundraising $388
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $28,758 · program services $12,576 · management and general $14,564 · fundraising $1,618
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $0
-
23 · Insurance
total $31,248 · program services $2,489 · management and general $25,883 · fundraising $2,876
-
24a · Other expenses: EVENT AND PROGRAMMING EXPENSES
total $1,909,378 · program services $1,707,508 · management and general $181,683 · fundraising $20,187
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,188,621 · end of year $22,596
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year $114,206 · end of year $29,741
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $869,002
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $11,800
-
10c · Land, buildings and equipment, net
end of year $0
-
11 · Investments: publicly traded securities
end of year $843,980
-
12 · Investments: other securities
end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
end of year $0
-
15 · Other assets
end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $2,500 · end of year $25,085
-
19 · Deferred revenue
beginning of year $170,000 · end of year $85,000
-
27 · Net assets without donor restrictions
beginning of year $2,130,327 · end of year $1,667,034
Mission and programs · 2024
Mission
BLACK MUSIC ACTION COALITION ("BMAC") WORKS TO CREATE A UNIFIED FORCE OF ACTION FOR EQUITY AND JUSTICE WITHIN THE MUSIC INDUSTRY AND TO USE THE POWER OF OUR COLLECTIVE VOICE TO IMPROVE COMMUNITIES AND DRIVE SYSTEMIC CHANGE. BMAC ADVOCATES ON BEHALF OF ARTISTS, SONGRWRITERS, PRODUCERS, MANAGERS, AGENTS, EXECUTIVES, AND LAWYERS TO CREATE ACCESS, EQUITY AND OPPORTUNITY. BMAC WORKS TOGETHER WITH BUSINESS LEADERS TO HOLD COMPANIES ACCOUNTABLE AND ENSURE CHANGE TAKES ROOT. BMAC WORKS TO DRIVE POLICY CHANGE AROUND SOCIAL AND RACIAL JUSTICE AND PROTECTION OF ARTISTS WITH A FOCUS ON CAUSES THAT DIRECTLY IMPACT COMMUNITIES.
Activities or mission (Part I)
EMPOWERMENT AND EDUCATION IN MUSIC
-
THE BLACK MUSIC ACTION COALITION (BMAC) ANNUAL GALA IS A SIGNIFICANT EVENT AND FUNDRAISER TO CELEBRATE MUSIC ARTISTS AND INDUSTRY PROFESSIONALS FOR THEIR COMMITMENT TO POSITIVE IMPACT. BMAC USES THE EVENT TO HIRE A ROSTER OF EMERGING PROFESSIONALS WHO HAVE GRADUATED FROM BMAC MENTORSHIP AND PIPELINE PROGRAMS TO WORK IN PAID POSITIONS FOR THE EVENT. 2024 BMAC HONOREES INCLUDED QUINCY JONES HUMANITARIAN AWARD, USHER, CLARENCE AVANT TRAILBLAZER AWARD, LL COOL J, BMAC SOCIAL IMPACT AWARD, BET, BMAC CHANGE AGENT AWARD, IVY MCGREGOR, BMAC 365 AWARD, LIVE NATION. BMAC USES THE EVENT TO CREATE AWARENESS AND FUNDING FOR KEY BMAC PROGRAMMING.
Expenses $1,266,537
-
BMAC works to create access and opportunity in the music industry through our Music Maker Program which consists of Music Maker Grants given to emerging music artists and Music Maker Educational Programming which provides education for emerging music industry professionals. BMAC Music Maker Grant Programs include, the BMAC x Jimmy Jam & Terry Lewis Music Maker Grants, the BMAC x Victoria Mont Music Maker Grants, the BMAC x Luther Vandross Music Maker Grants. BMAC is proud to present Music Maker programs that offer career education and opportunities like BMAC Live with Live Nation, BMAC Live with Rolling Loud and the BMAC Music Business Accelerator at TSU. The BMAC Music Maker Program also affords graduates from BMAC programs the chance to work Music Maker events and Music Maker Programming as paid interns.
Expenses $546,522 · Grants $190,500
-
BMAC x Rock & Rolls Hall of FameMusic Maker Guaranteed Income and Mentorship Program - BMAC and the Rock & Roll Hall of Fame joined forces for a collaboration to support emerging music artists from across the country through the BMAC x Rock & Rolls Hall of Fame Music Maker Guaranteed Income and Mentorship Program. The program was designed to create economic empowerment and access to the music industry. BMAC and the Rock & Roll Hall of Fame provided a year of economic support, and mentorship support to emerging music Artists and music industry professionals. The year of economic support assisted with basic needs such as rent, utilities and food, as well as opened the door for previously challenging career moves such as studio time, travel for shows or networking opportunities, marketing, and even legal services. In addition to economic support, the coalition provided industry exposure, and visibility with BMAC and Rock & Roll Hall of Fame members and industry leaders and the chance for future mentorship or career opportunities. This program built on the previous BMAC program that finished in 2024, the BMAC x Academy of Country Music Guaranteed Income & Support Services Program that provided economic support and mentorship to emerging artists and music executives in Nashville, TN.
Expenses $151,767 · Grants $30,500
As filed on the 2024 return.
Listed in Part VII
-
Willie StiggersWILLIE STIGGERS
President & CEO
- Total calculated
- $77,035
- From this org
- $77,035
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30 + 10 related
-
Ann Gilbertson HaggartANN GILBERTSON HAGGART
Director
- Total calculated
- $55,465
- From this org
- $55,465
- From related orgs
- $0
- Other
- $0
- Hours/week
- 30 + 10 related
-
Shawn HolidaySHAWN HOLIDAY
Vice President
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Caron VeazeyCARON VEAZEY
Vice President
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Ashaunna AyarsASHAUNNA AYARS
Vice President
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Naima CochraneNAIMA COCHRANE
Vice President
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Jamil DavisJAMIL DAVIS
Secretary
- Total calculated
- $0
- Hours/week
- 2 + 2 related
-
Damien SmithDAMIEN SMITH
Treasurer
- Total calculated
- $0
- Hours/week
- 2 + 2 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
BLACK MUSIC ACTION COALITION LTD
501(C)(6) · ADVOCACY · DE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 20 January 2026
- IRS schema version
- 2024v5.2
- Source object
- 202600209349300105
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