Nonprofit · EIN 51-0181769
ASCAP FOUNDATION
Tax-exempt · NEW YORK, NY 10107
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,284,932 | $1,376,076 | $1,908,856 | $17,528,884 | $102,929 | $17,425,955 |
| December 31, 2024 | 990 | $2,516,540 | $1,492,838 | $1,023,702 | $14,463,514 | $93,287 | $14,370,227 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,124,782
- of which government grants
- $40,000
- Program service revenue
- $0
- Investment income
- $1,005,125
- Royalties
- $155,025
- Net gain from sales of assets
- $230,273
- Other revenue
- $155,025
Expenses
- Grants and similar amounts paid
- $508,649
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $22,800
- Travel
- $36,997
- Program services (functional)
- $995,192
- Management and general (functional)
- $100,050
- Fundraising (functional)
- $280,834
Balance sheet and other
- Total assets, start of year
- $14,463,514
- Total assets, end of year
- $17,528,884
- Total liabilities, end of year
- $102,929
- Net assets, end of year
- $17,425,955
- Publicly traded securities
- $15,298,254
- Net assets without donor restrictions
- $8,320,521
- Net assets with donor restrictions
- $9,105,434
- Gross receipts
- $4,377,024
- Employees
- 0
- Volunteers
- 20
- Year formed
- 1975
- State of legal domicile
- DE
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Joan Hill | Sr. Director of Finance and Administration Officer | 40 | $0 | $187,556 | $23,581 |
| Paul Williams | President Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Irwin Robinson | Vice President Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Dean Kay | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Alex Shapiro | Secretary Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Charles Bernstein | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Bruce Broughton | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Tita Cahn | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Desmond Child | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Dan Foliart | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| James Kendrick | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Tania Leon | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Michelle Lewis | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| James McBride | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Roger McNulty | Director Trustee or director | 0.25 | $0 | $0 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Marcus Miller | Director Trustee or director | 0.25 | $0 |
| Betsy Perez | Director Trustee or director | 0.25 | $0 |
| Michael Price | Director Trustee or director | 0.25 | $0 |
| Stephen Schwartz | Director Trustee or director | 0.25 | $0 |
| Valerie Simpson | Director Trustee or director | 0.25 | $0 |
| Doug Wood | Director Trustee or director | 0.25 | $0 |
| Nicole George-Middleton | Executive Director Officer | 10 | $0 |
990 for the year ended December 31, 2024: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Joan Hill | Sr. Director of Finance and Administration Officer | 40 | $0 | $180,873 | $23,334 |
| Heather Lynn | Sr. Director, Development & Fundraising Highest-paid employee | 35 | $0 | $178,058 | $11,520 |
| Paul Williams | President Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Irwin Robinson | Vice President Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Dean Kay | Treasurer Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Alex Shapiro | Secretary Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| Charles Bernstein | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Bruce Broughton | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Tita Cahn | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Desmond Child | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Dan Foliart | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| James Kendrick | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Tania Leon | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Michelle Lewis | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| James McBride | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Roger McNulty | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Marcus Miller | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Betsy Perez | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Michael Price | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Stephen Schwartz | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Valerie Simpson | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Doug Wood | Director Trustee or director | 0.25 | $0 | $0 | $0 |
| Nicole George-Middleton | Executive Director Officer | 10 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 250 WEST 57TH STREET, NEW YORK, NY 10107-0001
- Principal officer (990 for 2025)
- Paul Williams, 250 West 57th Street, New York, NY 10107
- Signed the 990
- Joan Hill, Sr. Director - Finance & Admin
- Phone
- (212) 621-6063
- Website
- ascapfoundation.org
Mission
The ASCAP Foundation is dedicated to nurturing the music talent of tomorrow, preserving the legacy of the past and sustaining the creative incentive for today's music creators through a variety of educational, professional and humanitarian programs and activities that serve the entire music community.
Program accomplishments
- SCHOLARSHIPS, AWARDS AND COMPOSER PROGRAM: The ASCAP Foundation scholarship programs seek to ensure that opportunities for the study of music and instruments, songwriting, music composition, the business of music and related areas are available to students at all levels by providing Scholarships to 38 recipients ranging from $1,000 to $10,000. The ASCAP Foundation provides awards to emerging composers and songwriters consisting of cash awards to 90 recipients of composer and / or lyricist programs. These awards range from $125 - $10,000.Expenses $448,172 · grants $298,075
- MUSIC EDUCATION AND COMMUNITY OURTREACH: The ASCAP Foundation is dedicated to nurturing the music talent of tomorrow by developing and supporting educational programs that provide effective learning opportunities consistent with our mission to students of all ages. The ASCAP Foundation has provided funding to support 17 Music Education and / or Development programs throughout the year with the goal of enhancing and promoting music education and providing the community with access to music and its history. These 17 programs include 10 that received $5,000 or more in funding and 7 programs that received less $5,000.Expenses $253,520 · grants $107,747
- TALENT DEVELOPMENT: The ASCAP Foundation Talent Development programs provide aid and encouragement to music creators nationally who are in various stages of their careers including: Workshops (12); Commissioning programs (3); and sponsorship of talent development programs, (9). By providing professional opportunities to emerging composers, lyricists and songwriters, The ASCAP Foundation supports their careers and promotes their works.Expenses $211,384 · grants $84,327
- Other program services include 4 humanitarian programs that includes music therapy programs for veterans with PTSD; Aphasia patients; students on the autism spectrum and other program support expenses.Expenses $82,116 · grants $18,500
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 51-0181769
- 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
- 1976
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A60J)
- Assets (IRS master file)
- $17,528,884
- Income (IRS master file)
- $4,377,024
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,284,932 | $1,376,076 | $17,528,884 | IRS |
| 990 | December 2024 | $2,516,540 | $1,492,838 | $14,463,514 | IRS |
| 990 | December 2023 | $2,523,948 | $1,796,779 | $12,680,340 | IRS |
| 990 | December 2022 | $1,913,648 | $1,324,923 | $10,632,719 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about ASCAP FOUNDATION
- What is the EIN of ASCAP FOUNDATION?
- The employer identification number (EIN) of ASCAP FOUNDATION is 51-0181769.
- Is ASCAP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1976.
- Are donations to ASCAP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASCAP FOUNDATION 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 ASCAP FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ASCAP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of ASCAP FOUNDATION?
- The 990 for the year ended December 31, 2025 names Paul Williams.
- Who are the officers and directors of ASCAP FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does ASCAP FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,284,932, expenses of $1,376,076 and total assets of $17,528,884 at year end.
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