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Nonprofit · EIN 46-5278190

UNIVERSAL HIP HOP MUSEUM

Tax-exempt · NEW YORK, NY 10027

Financials

$2.4M$2.2M2023$7M$4.8M2024
Revenue Expenses · by fiscal year end
Financials of UNIVERSAL HIP HOP MUSEUM by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$6,995,189$4,786,636$2,208,553$7,340,350$2,847,270$4,493,080
December 31, 2023990$2,410,810$2,243,452$167,358$2,951,772$667,245$2,284,527
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,799,053
of which government grants
$3,805,355
Program service revenue
$192,325
Investment income
$3,811
Other revenue
$0

Expenses

Grants and similar amounts paid
$3,997
Compensation of officers, directors and key employees
$200,000
Other salaries and wages
$764,222
Salaries, compensation and benefits (total)
$1,061,725
Professional fundraising fees
$166,677
Legal fees
$21,670
Accounting fees
$40,128
Occupancy
$43,440
Travel
$238,149
Program services (functional)
$3,962,579
Management and general (functional)
$229,802
Fundraising (functional)
$594,255

Balance sheet and other

Total assets, start of year
$2,951,772
Total assets, end of year
$7,340,350
Total liabilities, end of year
$2,847,270
Net assets, end of year
$4,493,080
Land, buildings and equipment
$4,395,060
Net assets without donor restrictions
$3,370,748
Net assets with donor restrictions
$1,122,332
Gross receipts
$6,995,189
Employees
14
Volunteers
28
Year formed
2015
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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
DANIEL BUCANOEXECUTIVE DIRECTOR
Trustee or director, Officer
40$200,000
BRETT VOLKERCHIEF BRAND OFFICER
Highest-paid employee
40$125,000
ADAM SILVERSTEINDIRECTOR OF ARCHIVES AND COLLECTIONS
Trustee or director
40$0
PETER BITTENBENDERTRUSTEE
Trustee or director
1$0
BRUCE JACKSONTRUSTEE
Trustee or director
1$0
FAITH NEWMANTRUSTEE
Trustee or director
1$0
RUBEN DIAZ JRBOARD CHAIR
Trustee or director
1$0
LU SHAWN THOMPSONTRUSTEE
Trustee or director
1$0
SISSI JOHNSONTRUSTEE
Trustee or director
1$0
JULIAN PETTYTRUSTEE (FROM DEC 2024)
Trustee or director
1$0
ROBERT REIDTREASURER
Officer
16$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
DANIEL BUCANOEXECUTIVE DIRECTOR
Trustee or director, Officer
40$111,333
ADAM SILVERSTEINTRUSTEE
Trustee or director
40$0
PETER BITTENBENDERTRUSTEE
Trustee or director
1$0
BRUCE JACKSONTRUSTEE
Trustee or director
1$0
FAITH NEWMANTRUSTEE
Trustee or director
1$0
RUBEN DIAZ JRTRUSTEE
Trustee or director
1$0
LU SHAWN THOMPSONTRUSTEE (FROM JUNE 2023)
Trustee or director
1$0
SISSI JOHNSONTRUSTEE (FROM AUGUST 2023)
Trustee or director
1$0
ROBERT REIDTREASURER
Officer
16$0

Address and contacts

Address (IRS master file)
8 W 126TH ST, NEW YORK, NY 10027-3811
In care of
% CAWALADER WICKERSHAM & TAFT LLP
Mailing address (990-N for 2018)
One World Financial Center, New York NY 10281
Principal officer (990 for 2024)
DANIEL BUCANO, 8 W 126TH STREET, NEW YORK, NY 10027
Principal officer (990-N for 2018)
Daniel Bucano, 171 Mermaid Lane, Bronx NY 10473
Signed the 990
DANIEL BUCANO, EXECUTIVE DIRECTOR
Phone
(877) 829-5500
Return prepared by
LUTZ AND CARR CPAS LLP

Mission

THE HIP HOP MUSEUM PRESERVES THE PAST, CELEBRATES THE PRESENT, AND LEADS THE GLOBAL FUTURE OF HIP HOP, INSPIRING, EDUCATING, AND EMPOWERING ALL.

990 for the year ended December 31, 2024

Program accomplishments

  • THE HIP HOP MUSEUM AND JPMORGAN CHASE:A MULTI-YEAR PROGRAM WITH JPMORGAN CHASE WHICH EXPANDS ACCESS TO FINANCIAL HEALTH EDUCATION IN COMMUNITIES NATIONWIDE. THROUGH PROGRAMS SUCH AS THE "READY FOR BUSINESS" TOUR IN CITIES LIKE CHICAGO AND ATLANTA, THE PARTNERSHIP DELIVERS WORKSHOPS ON BUDGETING, INVESTING, CREDIT BUILDING, AND ENTREPRENEURSHIP, ALIGNING HIP HOP CULTURE WITH ECONOMIC VIABILITY. CHASE ALSO SERVES AS THE MUSEUM'S FOUNDING FINANCIAL EDUCATION PARTNER, SUPPORTING ONGOING FINANCIAL MASTERY PROGRAMMING AT THE MUSEUM'S BRONX HEADQUARTERS.
    Expenses $2,377,547 · revenue $192,325
  • MY CAMERA IS MY WEAPON:THE HIP HOP MUSEUM'S MY CAMERA IS MY WEAPON PROGRAM USES PHOTOGRAPHY AND STORYTELLING AS TOOLS FOR SOCIAL CHANGE, PROVIDING YOUTH WITH CREATIVE OUTLETS THAT PROMOTE PEACE, UNDERSTANDING, AND SELF-EXPRESSION. INSPIRED BY GORDON PARKS' "A CHOICE OF WEAPONS," THE PROGRAM EMPOWERS HIGH SCHOOL STUDENTS TO USE CAMERAS AS INSTRUMENTS OF TRANSFORMATION, DOCUMENTING THEIR COMMUNITIES AND ENVISIONING A FUTURE SHAPED BY CREATIVITY RATHER THAN CONFLICT. THROUGH MENTORSHIP, PROFESSIONAL RESOURCES, AND HANDS-ON TRAINING, PARTICIPANTS LEARN VISUAL STORYTELLING, GAIN CONFIDENCE IN THEIR VOICES, AND DEVELOP SKILLS THAT FOSTER LASTING PERSONAL AND ARTISTIC GROWTH.
    Expenses $792,516
  • HIP HOP HISTORY SCHOLARS PROGRAM/HIP HOP 50 & BEYOND:THE HIP HOP HISTORY SCHOLARS PROGRAM AND HIP HOP 50 & BEYOND INITIATIVE DOCUMENT AND PRESERVE THE STORIES OF HIP HOP'S EVOLUTION, ENSURING THAT THE CULTURE'S ORAL HISTORIES AND ARTIFACTS ARE ARCHIVED FOR FUTURE GENERATIONS. THROUGH INTERNSHIPS FOR UNDERGRADUATE AND GRADUATE STUDENTS, THE PROGRAM ADVANCES THE HIP HOP MUSEUM'S RESEARCH AND ARCHIVING CAPABILITIES WHILE PROVIDING HANDS-ON EXPERIENCE IN CULTURAL PRESERVATION. PARTICIPATNS CATALOG EVENT FLYERS, RECORDINGS, ARTWORK, PHOTOGRAPHS, PUBLICATIONS, AND OTHER MATERIALS THAT CAPTURE THE EVOLUTION OF HIP HOP AND ITS GLOBAL IMPACT.
    Expenses $792,516
  • GRANTMAKING
    grants $3,997

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-5278190
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
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,340,350
Income (IRS master file)
$6,995,189

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$6,995,189$4,786,636$7,340,350IRS
990December 2023$2,410,810$2,243,452$2,951,772XML
990December 2022$630,835$1,598,410$2,719,194IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990-N for 2018
Officer: Daniel Bucano
December 31, 2018≤ $50,000 receipts––e-Postcard

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 46-5278190).

Questions about UNIVERSAL HIP HOP MUSEUM

What is the EIN of UNIVERSAL HIP HOP MUSEUM?
The employer identification number (EIN) of UNIVERSAL HIP HOP MUSEUM is 46-5278190.
Is UNIVERSAL HIP HOP MUSEUM tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
Are donations to UNIVERSAL HIP HOP MUSEUM tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does UNIVERSAL HIP HOP MUSEUM 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 UNIVERSAL HIP HOP MUSEUM due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did UNIVERSAL HIP HOP MUSEUM last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of UNIVERSAL HIP HOP MUSEUM?
The 990 for the year ended December 31, 2024 names DANIEL BUCANO.
Who are the officers and directors of UNIVERSAL HIP HOP MUSEUM?
The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $200,000 (DANIEL BUCANO, EXECUTIVE DIRECTOR).
How much revenue does UNIVERSAL HIP HOP MUSEUM have?
On its 990 for the year ended December 31, 2024 it reported revenue of $6,995,189, expenses of $4,786,636 and total assets of $7,340,350 at year end.

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