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EIN 87-1288977

Musics Promise

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Brooklyn
State
New York
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
A68: Music
Description
Music's Promise is a social responsibility program within the music industry that addresses important social issues both in the U.S. and around the world. It provides infrastructure for artists and music companies to support causes that are important to them, including donations to support such causes. This program is located in New York, NY.
Total revenues
$598,422
2023
Total expenses
$496,311
2023
Total assets
$106,136
2023
Num. employees
0
2023

Program areas at Musics Promise

Donations to support artists and music companies causes with social issues

Grants made by Musics Promise

GranteeGrant descriptionAmount
Icahn School of Medicine at Mount SinaiGrant Is Being Given To the School To Help With Immunology and Cell Biology Studies and Fund Programing$325,000

Who funds Musics Promise

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Wasserman FoundationOak View Theater Alliance Gala$15,000
Wasserman FoundationUnplugged & Uncorked$15,000
The Bank of America Charitable FoundationProgram/operating Support$500
...and 1 more grant received

Personnel at Musics Promise

NameTitleCompensation
Greg PlagePresident$7,692
Dan ShulmanSecretary and General Counsel$0
Butch GagePresident / Treasurer$0
Sandra RichardsVice Chairwoman / Vice Chairman$0

Financials for Musics Promise

RevenuesFYE 12/2023
Total grants, contributions, etc.$114,578
Program services$0
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$483,844
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$598,422

Form 990s for Musics Promise

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-13990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990EZView PDF
Data update history
January 3, 2025
Received grants
Identified 2 new grant, including a grant for $15,000 from Wasserman Foundation
January 22, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 22, 2024
Updated personnel
Identified 6 new personnel
August 6, 2023
Posted financials
Added Form 990EZ for fiscal year 2021
July 7, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Social advocacy organizationsArts, culture, and humanities nonprofitsPerforming arts organizationsMusical groupsCharities
Issues
Arts, cultural, and humanities
Characteristics
Provides grantsFundraising eventsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
Co Cfg-Ny 45 Main St Suite 7
Brooklyn, NY 11201
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Website URL
musicspromise.org/ 
Phone
(718) 395-2077
IRS details
EIN
87-1288977
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A68: Music
NAICS code, primary
813319: Social Advocacy Organizations
Parent/child status
Independent
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