Totals
- Total revenue
- $226,880
- Total expenses
- $118,848
- Contributions and grants received
- $192,743
- Grants paid
- $59,928
- Program service revenue
- $398
- Investment income
- $29,634
- Other revenue
- $4,105
- Total assets, end of year
- $644,326
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $644,326
- Program services expenses (Part IX)
- $70,192
- Management and general expenses
- $33,346
- Fundraising expenses
- $15,310
- Program service expenses (Part III)
- $70,192
Program services were 59.1% 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.
-
1e · Government grants (contributions)
$2,007
-
1f · All other contributions, gifts and grants
$190,736
-
1g · Noncash contributions included above
$4,338
-
2a · Program service revenue: ALL OTHER PROGRAM SERV
total $398 · related or exempt $398
-
3 · Investment income
total $8,667 · excluded $8,667
-
7a · Gross sales of assets other than inventory
securities $25,285
-
7b · Less cost or other basis and sales expenses
securities $4,318
-
7c · Gain or loss
securities $20,967
-
7d · Net gain or loss
total $20,967 · excluded $20,967
-
9a · Gaming: gross income
$6,368
-
9b · Gaming: direct expenses
$2,328
-
9c · Net income from gaming
total $4,040 · excluded $4,040
-
11a · Other revenue: CREDIT CARD REWARDS
total $65 · related or exempt $65
-
11e · Other revenue, total
$65
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $32,519 · program services $32,519
-
2 · Grants to domestic individuals
total $19,778 · program services $19,778
-
3 · Grants to foreign organizations and individuals
total $7,631 · program services $7,631
-
5 · Compensation of officers, directors and key employees
total $27,366 · program services $5,473 · management and general $10,946 · fundraising $10,947
-
11c · Fees: accounting
total $8,143 · management and general $8,143
-
11f · Fees: investment management
total $2,358 · management and general $2,358
-
11g · Fees: other
total $622 · management and general $622
-
12 · Advertising and promotion
total $4,363 · fundraising $4,363
-
13 · Office expenses
total $6,747 · management and general $6,747
-
17 · Travel
total $3,970 · management and general $3,970
-
23 · Insurance
total $560 · management and general $560
-
24a · Other expenses: EDUCATION PROGRAMS
total $4,791 · program services $4,791
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $106,103 · end of year $98,995
-
11 · Investments: publicly traded securities
beginning of year $398,909 · end of year $539,431
-
15 · Other assets
beginning of year $7,975 · end of year $5,900
-
27 · Net assets without donor restrictions
beginning of year $219,621 · end of year $226,564
-
28 · Net assets with donor restrictions
beginning of year $293,366 · end of year $417,762
Mission and programs · 2024
Mission
THE ORGANIZATION'S MISSION IS TO BUILD A BRIGHTER FUTURE FOR BLUEGRASS MUSIC AND HELP DONORS CREATE A LEGACY BY SUPPORTING PROGRAMS AND PROJECTS THAT FOCUS ON BLUEGRASS MUSIC-RELATED ARTS AND CULTURE, EDUCATION, LITERARY WORK AND HISTORIC PRESERVATION.
-
AWARDED PROJECT GRANTS AND SCHOLARSHIPS FOR THE PROMOTION OF BLUEGRASS MUSIC AND SUPPORT OF VARIOUS BLUEGRASS EDUCATION PROJECTS
Expenses $70,192 · Grants $59,928 · Revenue $463
As filed on the 2024 return.
Listed in Part VII
-
Trisha TubbsTRISHA TUBBS
PRESIDENT/CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Alan TompkinsALAN TOMPKINS
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Ruth McLainRUTH MCLAIN
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Wendy TynerWENDY TYNER
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
Kissy BlackKISSY BLACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sam BlumenthalSAM BLUMENTHAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard BrownRICHARD BROWN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Becky BullerBECKY BULLER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Laurie GreenbergLAURIE GREENBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Michael HallMICHAEL HALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter SaloveyPETER SALOVEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mona SalyerMONA SALYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Mark SchusterMARK SCHUSTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lillian WerbinLILLIAN WERBIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
John YoungJOHN YOUNG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ken WhiteKEN WHITE
EX-OFFICIO
- Total calculated
- $0
- Hours/week
- 1 + 40 related
-
Nancy CardwellNANCY CARDWELL
EXECUTIVE DIRECTOR
- Total calculated
- $25,617
- From this org
- $25,617
- From related orgs
- $0
- Other
- $0
- Hours/week
- 15
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.
-
INTERNATIONAL BLUEGRASS MUSIC ASSOCIATION INC
501(C)(3) · PROMOTION OF THE BLUEGRASS INDUSTRY · TN
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202533149349304273
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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