Nonprofit · EIN 13-0432981
NEW MUSIC USA INC
Tax-exempt · NEW YORK, NY 10038
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,492,831 | $2,968,886 | $1,523,945 | $22,114,837 | $1,183,008 | $20,931,829 |
| June 30, 2024 | 990 | $2,338,890 | $2,958,769 | -$619,879 | $19,724,092 | $1,136,691 | $18,587,401 |
| June 30, 2023 | 990 | $2,082,267 | $3,104,988 | -$1,022,721 | $19,684,498 | $1,472,664 | $18,211,834 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,492,330
- of which government grants
- $271,775
- Program service revenue
- $0
- Investment income
- $1,007,506
- Net gain from sales of assets
- $350,980
- Net income from fundraising events
- -$13,459
- Other revenue
- -$7,005
Expenses
- Grants and similar amounts paid
- $1,131,050
- Compensation of officers, directors and key employees
- $190,353
- Other salaries and wages
- $663,733
- Salaries, compensation and benefits (total)
- $1,067,185
- Professional fundraising fees
- $0
- Accounting fees
- $77,700
- Occupancy
- $16,640
- Depreciation
- $1,187
- Program services (functional)
- $2,223,440
- Management and general (functional)
- $345,285
- Fundraising (functional)
- $400,161
Balance sheet and other
- Total assets, start of year
- $19,724,092
- Total assets, end of year
- $22,114,837
- Total liabilities, end of year
- $1,183,008
- Net assets, end of year
- $20,931,829
- Land, buildings and equipment
- $643
- Publicly traded securities
- $13,385,655
- Net assets without donor restrictions
- $1,373,203
- Net assets with donor restrictions
- $19,558,626
- Gross unrelated business income
- $1,230
- Gross receipts
- $5,184,248
- Employees
- 11
- Volunteers
- 17
- Year formed
- 1942
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VANESSA REED | PRESIDENT AND CEO TO 5/2025 Officer | 35 | $197,775 | $31,702 |
| AMY IWANO | VICE-CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| CHERE LOTT | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| STEVE TRESNAN | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| JUAN PABLO CONTRERAS | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| DOROTHEA ENDICOTT | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| BILL HOCHBERG | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JENNIFER JOLLEY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| DAN KELLOGG | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| PHYLLIS MILLS | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| GAYLE MORGAN | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| FRED PETERS | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ANGELICA SANCHEZ | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ANNE-MARIE SPATARU | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| SUSAN WEGLEITNER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AJA BURELL WOOD | BOARD MEMBER Trustee or director | 3 | $0 |
| JOSEPH YOUNG | BOARD MEMBER Trustee or director | 3 | $0 |
| JOSEPH WALKER | CHAIR Trustee or director, Officer | 3 | $0 |
990 for the year ended June 30, 2024: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VANESSA REED | PRESIDENT AND CEO Officer | 50 | $197,775 | $34,115 |
| JOSEPH WALKER | CO-CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| AMY IWANO | VICE-CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| GAYLE MORGAN | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| STEVEN TRESNAN | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| FREDERICK PETERS | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JAMES KENDRICK | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ANGELICA SANCHEZ | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| CHERE LOTT | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| PHYLLIS MILLS | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| MATIAS TARNOPOLSKY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| DOROTHEA ENDICOTT | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| SUSAN WEGLEITNER | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| AJA BURRELL WOOD | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JOSEPH YOUNG | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JUAN PABLO CONTRERAS | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| BILL HOCHBERG | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| ANNE-MARIE SPATARU | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
| JENNIFER JOLLEY | BOARD MEMBER Trustee or director | 3 | $0 | $0 |
990 for the year ended June 30, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| VANESSA REED | PRESIDENT & CEO Officer | 50 | $186,950 | $36,307 |
| JOSEPH WALKER | CO-CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| REENA ESMAIL | CO-CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| AMY IWANO | VICE CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| GAYLE MORGAN | SECRETARY Trustee or director, Officer | 3 | $0 | $0 |
| STEVEN TRESNAN | TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| DAVID NUSS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| NANCY SANDERS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CHERE LOTT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PHYLLIS MILLS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MATIAS TARNOPOLSKY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KATE BENSEN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMES KENDRICK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARYA MARTIN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANGELICA SANCHEZ | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| AJA BURRELL WOOD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DOROTHEA ENDICOTT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ALAN KORNBERG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN WEGLEITNER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSEPH YOUNG | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 114 JOHN ST, NEW YORK, NY 10038-3304
- Principal officer (990 for 2024)
- VANESSA ROSE, 114 JOHN STREET 998, NEW YORK, NY 10038
- Signed the 990
- VANESSA ROSE, PRESIDENT AND CEO
- Phone
- (212) 742-9309
- Website
- WWW.NEWMUSICUSA.ORG
- Return prepared by
- CONDON O'MEARA MCGINTY & DONNELLY LLP
Mission
TO NURTURE A VIBRANT AND INCLUSIVE COMMUNITY FOR ARTISTS AND LISTENERS BY SUPPORTING THE CREATION, PERFORMANCE, AND APPRECIATION OF NEW MUSIC THROUGHOUT THE UNITED STATES.
Program accomplishments
- THE GRANTMAKING PROGRAMS CONTINUE TO RESPOND TO THE NEEDS OF CREATORS AND MUSIC ORGANIZATIONS, WITH A PARTICULAR AWARENESS OF SERVING HISTORICALLY UNDERREPRESENTED CREATORS AND PROVIDING OPPORTUNITIES FOR INTERGENERATIONAL MENTORSHIP. THIS IS GROUNDED IN AN INFORMED UNDERSTANDING OF THE UNIQUE AND EVOLVING NEEDS OF MUSIC COMMUNITIES ACROSS THE COUNTRY AND ACHIEVED THROUGH GRANTMAKING, SKILL-BUILDING, MENTORSHIP, CONVENINGS FOR CREATORS OF ALL BACKGROUNDS, AND PLATFORMS DESIGNED TO CONNECT MUSIC-MAKERS WITH AUDIENCES AND STAKEHOLDERS IN FY2025, NEW MUSIC USA AWARDED 190 GRANTS.Expenses $1,942,718 · grants $1,131,050
- COMMUNICATIONS/CONNECTIVITY: NEW MUSIC USA WORKS TO CREATE GLOBAL AWARENESS OF U.S.-BASED ARTISTS AND THEIR MUSIC BY PROVIDING PLATFORMS FOR AUDIENCES TO ACCESS AND EXPERIENCE THE WORK OF THE FIELD AND PARTICIPATING AS ADVOCATES IN NETWORKS AROUND THE WORLD. THROUGH DIGITAL MEDIA PROGRAMS LIKE NEWMUSICBOX, OUR FREE COMMUNITY CALENDAR, AND SOCIAL MEDIA PLATFORMS, WE PROMOTE ARTISTS AND ENGAGE WITH THE IMPORTANT TOPICS FACING OUR COMMUNITY. WE PARTICIPATE IN INTERNATIONAL GATHERINGS PLUS NATIONAL CONFERENCES TO ADVOCATE FOR A VIBRANT AND INCLUSIVE COMMUNITY FOR THE MUSIC OF OUR TIME.Expenses $280,722
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-0432981
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1946
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A680)
- Assets (IRS master file)
- $22,114,837
- Income (IRS master file)
- $5,184,248
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,492,831 | $2,968,886 | $22,114,837 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $2,338,890 | $2,958,769 | $19,724,092 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $2,082,267 | $3,104,988 | $19,684,498 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $3,821,234 | $2,890,809 | $19,944,581 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-0432981).
Questions about NEW MUSIC USA INC
- What is the EIN of NEW MUSIC USA INC?
- The employer identification number (EIN) of NEW MUSIC USA INC is 13-0432981.
- Is NEW MUSIC USA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1946.
- Are donations to NEW MUSIC USA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW MUSIC USA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEW MUSIC USA INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEW MUSIC USA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of NEW MUSIC USA INC?
- The 990 for the year ended June 30, 2025 names VANESSA ROSE.
- Who are the officers and directors of NEW MUSIC USA INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 1 received compensation from the organization, the highest $197,775 (VANESSA REED, PRESIDENT AND CEO TO 5/2025).
- How much revenue does NEW MUSIC USA INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,492,831, expenses of $2,968,886 and total assets of $22,114,837 at year end.
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