Skip to content
Nonprofiteer
← BLACK MUSIC ACTION COALITION LTD

Form 990 for tax year 2023

Filed by BLACK MUSIC ACTION COALITION LTD.

Totals

Total revenue
$97,689
Total expenses
$323,586
Contributions and grants received
$1,000
Grants paid
$5,000
Program service revenue
$6,586
Investment income
$333
Other revenue
$89,770
Total assets, end of year
$71,953
Total liabilities, end of year
$80,689
Net assets or fund balances, end of year
-$8,736
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

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

    $1,000

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $6,586 · related or exempt $6,586

  • 3 · Investment income

    total $333 · excluded $333

  • 11a · Other revenue: REIMBURSED EXPENSES

    total $89,770 · related or exempt $89,770

  • 11e · Other revenue, total

    $89,770

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $5,000

  • 5 · Compensation of officers, directors and key employees

    total $79,763

  • 7 · Other salaries and wages

    total $11,250

  • 10 · Payroll taxes

    total $3,030

  • 11b · Fees: legal

    total $418

  • 11g · Fees: other

    total $13,365

  • 13 · Office expenses

    total $28,811

  • 14 · Information technology

    total $3,020

  • 23 · Insurance

    total $3,529

  • 24a · Other expenses: PRODUCTION EXPENSE

    total $175,400

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $220,552 · end of year $3,425

  • 2 · Savings and temporary cash investments

    beginning of year $22,508 · end of year $22,841

  • 4 · Accounts receivable

    end of year $35,000

  • 9 · Prepaid expenses and deferred charges

    end of year $7,056

  • 10a · Land, buildings and equipment: cost or other basis

    $3,631

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $3,631

  • 17 · Accounts payable and accrued expenses

    beginning of year $25,899 · end of year $80,689

  • 27 · Net assets without donor restrictions

    beginning of year $217,161 · end of year -$8,736

Mission and programs · 2023

Mission

BMAC IS AN ORGANIZATION FORMED TO CREATE ACCESS, OPPORTUNITY AND EMPOWERMENT IN MUSIC AND TO USE THE POWER OF MUSIC TO CREATE POSITIVE SYSTEMIC CHANGE.

Activities or mission (Part I)

CREATING ACCESS, OPPORTUNITY, AND EMPOWERMENT IN MUSIC

  • 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, SONGWRITERS, 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.

As filed on the 2023 return.

Listed in Part VII

  • Willie Stiggers

    PRESIDENT

    Total calculated
    $151,667
    From this org
    $151,667
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 related

    Schedule J breakdown matched by us

    Base
    $151,667
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $151,667

  • Shawn Holiday

    EXECUTIVE VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Caron Veazey

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Ashaunna Ayars

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Naima Cochrane

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Jamil Davis

    SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Damien Smith

    TREASURER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Ann Gilbertson Haggart

    DIRECTOR OF OPERATIONS

    Total calculated
    $70,228
    From this org
    $70,228
    From related orgs
    $0
    Other
    $0
    Hours/week
    40 + 40 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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

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 INC

    501(C)(3) · EMPOWERMENT AND EDUCATION IN MUSIC · TN

Provenance

Return type
form_990
Tax year
2023
Filed
15 November 2024
IRS schema version
2023v5.1
Source object
202413209349325781

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.