2024-11-13T10:40:17-06:00 2023-12-31 621199757 LBMC PC PO BOX 1869 BRENTWOOD TN 370241869 990 2023-01-01 133249311 BMI FOUNDATION INC BMIF 2122203175 7 WTC 250 GREENWICH STREET NEW YORK NY 10007 DEIRDRE CHADWICK PRESIDENT 2122203175 2024-11-12 1 0 ABIGAIL CAMPBELL P01296738 6153774600 2024-11-12 2023 2024-10-15 13:58:12Z DEIRDRE CHADWICK 7 WTC 250 GREENWICH ST NEW YORK NY 10007 471490 0 X BMIFOUNDATION.ORG X 1985 NY THE FOUNDATION ISSUES GRANTS TO INDIVIDUALS AND ORGANIZATIONS IN MUSIC FIELDS. 9 9 2 5 0 0 338285 158481 0 0 54179 73210 0 0 392464 231691 239163 261919 0 0 95246 82913 0 0 0 60443 56161 394852 400993 -2388 -169302 2672117 2800024 93413 81686 2578704 2718338 BMI FOUNDATION, INC. ISSUES GRANTS AFTER CONSIDERATION BY AN ADVISORY PANEL TO ORGANIZATIONS AND INDIVIDUALS REQUESTING ASSISTANCE FOR MUSIC-RELATED ACTIVITIES. 0 0 274012 261919 THE FOUNDATION PROVIDES GRANTS TO INDIVIDUALS AND ORGANIZATIONS IN THE FIELD OF MUSIC INCLUDING BUT NOT LIMITED TO EDUCATIONAL PROJECTS, THE PRESERVATION OF THE INDIGENOUS AMERICAN JAZZ AND BLUES FORMS, AND THE CREATION AND EXPOSURE TO AUDIENCES OF CONTEMPORARY MUSIC, PARTICULARLY IN THE AREAS OF CONCERT AND OPERATIC MUSIC, JAZZ, AND MUSICAL THEATRE. 274012 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 35 0 1 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 0 NY X SUSAN BYWATERS 2122203175 7 WTC 250 GREENWICH STREET NEW YORK NY 10007 X DEIRDRE CHADWICK PRESIDENT 15.00 X X 0 0 0 SAMANTHA COX VICE PRESIDENT 10.00 X X 0 0 0 DAN COLEMAN TREASURER 10.00 X X 0 0 0 CLAY BRADLEY SECRETARY 10.00 X X 0 0 0 MIKE O'NEILL HONORARY CHAIR 10.00 X 0 0 0 COREY FIELD TRUSTEE 10.00 X 0 0 0 PAMELA WILLIAMS TRUSTEE 10.00 X 0 0 0 LUCIANA SOUZA TRUSTEE 10.00 X 0 0 0 WILLIAM WELLS TRUSTEE 10.00 X 0 0 0 0 0 0 0 0 0 0 0 158481 158481 108009 108009 205000 239799 -34799 -34799 -34799 231691 0 0 73210 124119 124119 137800 137800 76986 76986 5927 5927 40 40 21215 21215 8062 7312 750 2772 2772 13615 13615 8694 1855 6839 154 154 1609 1609 400993 274012 126981 0 91741 42502 2580376 2757522 2672117 2800024 93413 81686 93413 81686 X 422298 598987 2156406 2119351 2578704 2718338 2672117 2800024 -169302 308936 0 X 0 1 X 1 0 X 30408 263272 187694 338285 158481 978140 30408 263272 187694 338285 158481 978140 540149 437991 150295 62447 77658 108009 70856 469265 111 111 1447516 0.30260 0.30690 X THE ORGANIZATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR THE SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND OTHER PUBLIC CHARITIES BY ACTIVELY ENGAGING IN FUNDRAISING ACTIVITIES AND CONTINUING TO RECEIVE DONATIONS AND GRANTS CONSISTENTLY FROM GENERAL PUBLIC.MOREOVER, THE COMPOSITION OF THE ORGANIZATION'S BOARD OF DIRECTORS REPRESENTS THE BROAD INTERESTS OF THE PUBLIC, RATHER THAN THE PERSONAL OR PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS. WITH A WELL-QUALIFIED BOARD WITH DIVERSE BACKGROUNDS, SKILL SETS, AND PERSPECTIVES, THE ORGANIZATION BELIEVES THAT THEY WILL BE ABLE TO SATISFY THE 33.3 PERCENT PUBLIC SUPPORT TEST IN THE NEXT FEW YEARS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 540627 308936 308936 231691 0 231691 400993 0 400993 0 400993 PART X, LINE 2: THE FOUNDATION IS AN EXEMPT ORGANIZATION FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3) AND, ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES THE TAX BENEFIT ASSOCIATED WITH A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. IT IS THE FOUNDATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. AS OF DECEMBER 31, 2023 AND 2022, THE FOUNDATION HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. 1 EXPENSES AND SCHOLARSHIPS 39 112705 25095 FMV EXPENSES AND SCHOLARSHIPS TO FURTHER MUSIC CAREERS AND EDUCATION PART I, LINE 2: BMI FOUNDATION AWARDS ANNUAL GRANTS TO 501(C)3 NON-PROFIT ORGANIZATIONS WITH THE MISSION TO FURTHER THE CREATION, PERFORMANCE AND STUDY OF CONTEMPORARY MUSIC. ALL PROVIDED FUNDING IS UNRESTRICTED, AND GIVEN DIRECTLY TO ORGANIZATIONS. PROGRAM-SPECIFIC FUNDING IS NOT PROVIDED; IN ORDER TO QUALIFY FOR FUNDING, ORGANIZATIONS MUST MEET ALL THE BELOW REQUIREMENTS. GRANTS TO INDIVIDUALS ARE AWARDED BASED ON AN APPLICATION PROCESS. FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER REVIEWS THE FORM 990 BEFORE FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS, FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE UPON REQUEST.