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EIN 82-4785593

The Ibma Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Burlington
State
North Carolina
Year formed
2017
Most recent tax filings
2023-06-01
NTEE code, primary
A68: Music
Description
The Ibma Foundation supports programs and initiatives that foster the growth of bluegrass music. The organization helps donors create a legacy for future generations by connecting resources to projects that focus on bluegrass music-related arts. It has awarded project grants and scholarships to promote bluegrass music and support various bluegrass education projects. The foundation is located in Nashville, TN.
Related structure
The Ibma Foundation is a subordinate organization under International Bluegrass Music Association.
Total revenues
$127,048
2023
Total expenses
$124,084
2023
Total assets
$437,779
2023
Num. employees
0
2023

Program areas at The Ibma Foundation

Awarded project grants and scholarships for The promotion of bluegrass music and support of various bluegrass education projects

Grants made by The Ibma Foundation

GranteeGrant descriptionAmount
Opencollective FoundationFunding Additional Banjo Building and Instructional Weekend Retreats for African American People Interested in Reclaiming the African Roots of the Banjo.$10,000

Who funds The Ibma Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Purple Crayon FoundationArnold Shultz Fund$10,750
Faraway Foundation / Faraway Adventure ProgramsGeneral Support$10,000
The Eppes - Jefferson FoundationTo Develop and Implement "emcee Masterclass" Webinar and Video$5,000
...and 3 more grants received

Personnel at The Ibma Foundation

NameTitleCompensation
Nancy Cardwell WebsterExecutive Director$20,250
Fred BartensteinPresident and Chair$0
Alan TompkinsVice - Chair$0
Wendy TynerTreasurer$0
Ruth McLainSecretary$0

Financials for The Ibma Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$108,488
Program services$440
Investment income and dividends$5,044
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-254
Net income from fundraising events$0
Net income from gaming activities$13,210
Net income from sales of inventory$0
Miscellaneous revenues$120
Total revenues$127,048

Form 990s for The Ibma Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-01-15990View PDF
2022-062022-12-08990View PDF
2021-062021-12-01990View PDF
2020-062021-05-17990EZView PDF
2019-062020-01-16990EZView PDF

Organizations like The Ibma Foundation

OrganizationLocationRevenue
Give A Note FoundationCarmel, IN$126,749
Dan Schmitt Gift of Music and Education FundAllouez, MI$80,646
Clifford Antone FoundationAustin, TX$252,661
Mahler FoundationSanta Cruz, CA$113,960
Bmi FoundationNew York, NY$392,464
The Solti Foundation UsEvanston, IL$288,305
Unity Music FoundationWalnut Creek, CA$273,611
Mariachi Womens FoundationLos Angeles, CA$253,146
James Burton FoundationShreveport, LA$54,201
ACMP FoundationNew York, NY$198,034
Data update history
July 11, 2024
Received grants
Identified 1 new grant, including a grant for $2,500 from The William F Connell Charitable Trust
June 6, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 23, 2024
Updated personnel
Identified 2 new personnel
December 29, 2023
Received grants
Identified 1 new grant, including a grant for $5,000 from The Eppes - Jefferson Foundation
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $20,000 from Carner Family Trust
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsPerforming arts organizationsMusical groupsChapter / child organizationsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Provides grantsEndowed supportAuction fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1183 University Dr 105-215
Burlington, NC 27215
Metro area
Burlington, NC
County
Alamance County, NC
Website URL
bluegrassfoundation.org/ 
Phone
(615) 260-4807
IRS details
EIN
82-4785593
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2017
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A68: Music
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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