2023-05-15T09:07:28-07:00 2022-12-31 990 2022-01-01 510181769 ASCAP FOUNDATION ASCA 2126216526 250 West 57th Street New York NY 10107 Joan Hill Sr. Director - Finance & Admin 2126216526 2023-05-15 1 1 11 0 AAL2 2022 2023-04-26 12:10:37Z Nicole George-Middleton 250 West 57th Street New York NY 10107 2258651 0 X ascapfoundation.org X 1975 DE The ASCAP Foundation is dedicated to supporting American music creators and encouraging their development through music education and talent development programs including Songwriting workshops, scholarships, awards, community outreach and grants to other 501(c)(3) organizations for music education. 22 11 0 25 0 0 1130811 1309988 0 0 1018858 435645 198322 168015 2347991 1913648 557203 484056 0 0 0 0 0 0 259115 640496 840867 1197699 1324923 1150292 588725 12313289 10632719 47572 68851 12265717 10563868 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. 0 0 511072 316050 0 SCHOLARSHIPS, FELLOWSHIPS, AWARDS AND COMPOSER PROGRAMS: 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 and Fellowships to 54 recipients ranging from $1,000 to $10,000. The ASCAP Foundation provides awards to emerging composers and songwriters consisting of cash awards to 103 recipients of composer and / or lyricist programs. These awards range from $125 to $10,000. 295294 96455 0 MUSIC EDUCATION AND COMMUNITY OUTREACH: 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 sponsor 16 Music Education and / or Music 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 16 programs included 10 that received $5,000 or more in funding and 3 programs that received less than $5,000. 119454 57551 0 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 (9); Commissions and / or Commissioning programs (3); and sponsorship of talent development programs, (12). By providing professional opportunities to emerging composers, lyricists and songwriters, The ASCAP Foundation supports their careers and promotes their works. Some of our workshops were unable to be held in 2022 due to in person protocols. 27756 14000 0 Other program services include 3 humanitarian programs that includes music therapy programs for veterans with PTSD; Aphasia patients; students on the autism spectrum and other program support expenses. 27756 14000 0 953576 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 105 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 22 11 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 1 0 0 0 CA FL IL NY TN X X Joan Hill 2126216526 250 West 57th Street New York NY 10107 Joan Hill Director of Finance and Administration 40 0 X 0 173625 19780 Heather Lynn Sr. Director, Development & Fundraising-3/21/22 35 0 X 0 126128 7599 Paul Williams President 0.5 0 X X 0 0 0 Irwin Robinson Vice President 0.25 0 X X 0 0 0 Dean Kay Treasurer 0.25 0 X X 0 0 0 Charles Bernstein Director 0.25 0 X 0 0 0 Bruce Broughton Director 0.25 0 X 0 0 0 Tita Cahn Director 0.25 0 X 0 0 0 Desmond Child Director 0.25 0 X 0 0 0 Dan Foliart Director 0.25 0 X 0 0 0 James Kendrick Director 0.25 0 X 0 0 0 Robert Kimball Director 0.25 0 X 0 0 0 Tania Leon Director 0.25 0 X 0 0 0 Michelle Lewis Director 0.25 0 X 0 0 0 James McBride Director 0.25 0 X 0 0 0 Roger McNulty Director 0.25 0 X 0 0 0 Marcus Miller Director 0.25 0 X 0 0 0 Betsy Perez Director 0.25 0 X 0 0 0 Michael Price Director 0.25 0 X 0 0 0 Geoffry Sargeant Director 0.25 0 X 0 0 0 Stephen Schwartz Director 0.25 0 X 0 0 0 Alex Shapiro Director 0.25 0 X 0 0 0 Valerie Simpson Director 0.25 0 X 0 0 0 Doug Wood Director 0.25 0 X 0 0 0 Nicole George-Middleton Executive Director 10 35 X 0 0 0 0 299753 27379 2 0 1 1 0 0 0 59065 0 0 1250923 0 1309988 0 365651 0 0 365651 0 0 0 0 168015 0 0 168015 0 0 0 0 0 0 0 0 0 0 400553 0 330559 0 69994 0 69994 0 0 69994 14444 44621 14444 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1913648 0 0 603660 168006 168006 316050 316050 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 17800 0 17800 0 0 0 0 0 0 0 37211 27908 9303 0 60000 30000 15000 15000 0 0 0 0 21759 2604 1343 17812 16010 181 181 15648 0 0 0 0 0 0 0 0 9670 8539 529 602 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Allocated compensation 515547 261392 68076 186079 Mentors; instructors; judges; demo fees; commissions 126112 126112 0 0 Credit card / processing fees 19323 0 0 19323 Miscellaneous / other expenses 17435 12784 0 4651 1324923 953576 112232 259115 0 0 1008282 1200968 0 0 19922 43042 0 0 0 0 0 0 0 0 2395 2120 0 11282690 9386589 0 0 0 0 0 0 0 0 12313289 10632719 47072 62851 0 5500 500 500 0 0 0 0 0 0 0 0 0 0 0 0 47572 68851 X 4997702 3266976 7268015 7296892 12265717 10563868 12313289 10632719 588725 -2290574 0 0 0 0 X X 0 1 X 1 0 X 1336180 1466142 888018 1130811 1309988 6131139 0 0 0 0 0 0 0 0 0 0 0 0 1336180 1466142 888018 1130811 1309988 6131139 2742887 3388252 446527 396224 407666 823984 533666 2608067 0 0 0 0 0 0 0 0 8739206 0 0.38771 0.40101 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2704168 0 -118016 14844 0 0 2571308 2468609 0 252309 16750 0 0 2704168 2381538 0 126071 39000 0 0 2468609 2183433 0 217118 19000 13 0 2381538 2227964 0 -18466 19548 6519 0 2183431 0 0.457 0.543 0 0 0 0 X -250039 -2290574 164098 0 0 -2126476 1876437 37211 0 37211 1913648 1451810 164098 0 0 0 164098 1287712 37211 0 37211 1324923 Schedule D, Part V, Line 4 Endowment funds were established by the donors. The original value of gifts donated to the endowment are to be held in perpetuity. Investment returns may be appropriated for expenditures by The ASCAP Foundation's Board of Directors for specific programs as designated by the donors. Schedule D, Part X, Line 2 The ASCAP Foundation recognizes the effect of income tax positions only if those positions are more likely than not to be sustained. Management has determined that the ASCAP Foundation had no uncertain tax positions that would require financial statement recognition or disclosure. The ASCAP Foundation is no longer subject to tax examinations by the applicable taxing jurisdictions for period prior to fiscal year 2019. Schedule D, Part XI, Line 4b The audited financial statements reflect interest and dividends net of investment fees. Holiday Auction 59065 44621 14444 0 0 0 0 0 14444 0 0 59065 44621 14444 0 0 0 0 0 14444 14444 0 1 New Orleans Arts and Cultural Host Committee Inc Louis Satchmo Armstrong Summer Jazz Camp 124 Roselyn Park Pl New Orleans LA 70131 311696655 501(c)(3) 18000 0 Grant to support summer Jazz camp. Jazzmobile 154 West 127th Street New York NY 10027 132614483 501(c)(3) 15000 0 Grant to support Saturday Jazz Workshop program Alfred Music Publishing Company 285 Century Pl Suite 100 Lousville CO 80027 130423210 15000 0 Provide music books and folios to various schools across the country. Wallis Annenberg Center for the Performing Arts 9390 North Santa Monica Blvd Beverly Hill CA 90210 954467830 501(c)(3) 12451 0 Support for the development of the Great American Mousical. Songwriting with Inc Songwriting with Soldiers 632 Fogg Street No 8 Nashville TN 37203 261626709 501(c)(3) 10000 0 Grant to support Songwriting with Soldiers songwriting retreat. Rosie's Theater Kids Inc 445 West 45th Street New York NY 10036 331194964 501(c)(3) 9000 0 Grant to support Musical Theatre songwriting program. Kaufman Cultural Center 129 West 67th Street New York NY 10023 131991118 501(c)(3) 8000 0 Grant to support Special Music curriculum. Philharmonic Symphony Society of NY Inc dba New York Philharmonic 10 Lincoln Center Plaza New York NY 10023 131664054 501(c)(3) 8000 0 Grant to support the Very Young Composer program at the New York Philharmonic. 7 1 Awards to support emerging composers and songwriters in various music genres. 103 201350 0 Music scholarships and fellowships for individuals for their study of songwriting, music composition and / or music business at various stages of their music education. 54 114700 0 Schedule I, Part I, Line 2 The ASCAP Foundation requires all grantees to apply for a grant and /or grant renewal on an annual basis. Grantees are required to file a year end report explaining how the funds were utilized as well as the number of people impacted by their program. The Senior Program Manager will discuss with the grantees throughout the year to ensure that the funds are allocated in accordance with the mission of The ASCAP Foundation. Individual grants include awards that must meet certain criteria. Scholarships require registration in a school or conservatory and are paid directly to the institution. 0 0 0 0 0 0 0 0 0 Joan Hill Director of Finance and Administration 0 161660 0 9075 0 2890 0 19440 0 340 0 193405 0 0 Schedule J, Part II B - (ii) - Bonus for individual listed on Schedule J is based on meeting of established goals. Form 990, Part VI, Section B, Line 11b The form 990 is prepared by the ASCAP Foundation and reviewed by its independent accounting firm. Foundation management approves the return and then provides the audit committee with a copy for their review and approval. The board of directors are given an opportunity to review the 990. Form 990, Part VI, Section B, Line 12c The ASCAP Foundation shares its conflict of interest policy with officers, directors and key employees annually. Officers, directors and key employees are expected to declare if at any point a conflict of interest arises and are required annually to disclose any conflict of interest. Any potential and / or perceived conflicts of interest are reviewed by the Conflicts Committee. Such matters involving the existence of conflicts of interest are presented to the Board of Directors and are documented in the minutes of the governing board. Any board member who has a potential conflict of interest must recuse them self from the discussion and voting on the conflict item. Form 990, Part VI, Section C, Line 19 The federal form 990 is available by request to The ASCAP Foundation or on Guidestar.org and other similar type websites. Form 990, Part XII, Line 2c The ASCAP Foundation has an audit committee that assumes responsibility for oversight of the audit, of its financial statements and selection of an independent accountant. This process has not changed from the prior year. ASCAP 250 West 57th Street New York NY 10107 130434220 Music Licensing NY N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0