2024-05-14T11:29:27-07:00 2023-12-31 990 2023-01-01 510181769 ASCAP FOUNDATION ASCA 2126216526 250 West 57th Street New York NY 10107 Joan Hill Sr. Director - Finance & Admin 2126216526 2024-05-14 Joan Hill 999009999 1 1 11 0 AAL2 2023 2023-04-26 12:10:37Z Nicole George-Middleton 250 West 57th Street New York NY 10107 5538820 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. 20 9 0 23 0 0 1309988 2346347 0 0 435645 70043 168015 107558 1913648 2523948 484056 546529 0 0 0 0 0 0 329511 840867 1250250 1324923 1796779 588725 727169 10632719 12680340 68851 51749 10563868 12628591 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 695484 123592 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 19 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 19 programs include 17 that received $5,000 or more in funding and 2 programs that received less than $5,000. 454249 325250 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 56 recipients ranging from $1,000 to $10,000. The ASCAP Foundation provides awards to emerging composers and songwriters consisting of cash awards to 89 recipients of composer and / or lyricist programs. These awards range from $200 to $5,000. 192590 80187 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 (11); Commissions and / or Commissioning programs (4); and sponsorship of talent development programs, (10). By providing professional opportunities to emerging composers, lyricists and songwriters, The ASCAP Foundation supports their careers and promotes their works. 27407 17500 0 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. 27407 17500 0 1369730 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 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 1 110 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 9 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 W 57th St New York NY 10107 Joan Hill Sr. Director of Finance and Administration 40 X 0 175849 22698 Heather Lynn Sr. Director, Development & Fundraising 35 X 0 171548 11065 Paul Williams President 0.25 X X 0 0 0 Irwin Robinson Vice President 0.25 X X 0 0 0 Dean Kay Treasurer 0.25 X X 0 0 0 Alex Shapiro Secretary 0.25 X X 0 0 0 Charles Bernstein Director 0.25 X X 0 0 0 Bruce Broughton Director 0.25 X 0 0 0 Tita Cahn Director 0.25 X 0 0 0 Desmond Child Director 0.25 X 0 0 0 Dan Foliart Director 0.25 X 0 0 0 James Kendrick Director 0.25 X 0 0 0 Tania Leon Director 0.25 X 0 0 0 Michelle Lewis Director 0.25 X 0 0 0 James McBride Director 0.25 X 0 0 0 Roger McNulty Director 0.25 X 0 0 0 Marcus Miller Director 0.25 X 0 0 0 Betsy Perez Director 0.25 X 0 0 0 Michael Price Director 0.25 X 0 0 0 Stephen Schwartz Director 0.25 X 0 0 0 Valerie Simpson Director 0.25 X 0 0 0 Doug Wood Director 0.25 X 0 0 0 Robert Kimball Director - resigned 11/2023 0 X 0 0 0 Geoffry Sargeant Director - resigned 06/2023 0 X 0 0 0 Nicole George-Middleton Executive Director 10 40 X 0 0 0 0 347397 33763 0 0 1 0 0 0 0 118450 300000 30000 1897897 0 2346347 0 342697 0 0 342697 0 0 0 0 107558 0 0 107558 0 0 0 0 0 0 0 0 0 0 2718499 0 2991153 0 -272654 0 -272654 0 0 -272654 23719 118450 23719 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2523948 0 0 177601 223779 223779 322750 322750 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 19900 0 19900 0 0 0 0 0 0 0 43818 34178 9640 0 0 0 0 0 0 0 0 0 29989 3428 813 25748 17415 449 449 16517 0 0 0 0 0 0 0 0 40684 33958 131 6595 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 580627 274741 66543 239343 We Write the Songs at the Library of Congress 298759 298759 0 0 Mentors; Judges; Instructors; Performers; Commissions; demo fees 160681 160681 0 0 Credit card & processing fees 36494 0 0 36494 21883 17007 62 4814 1796779 1369730 97538 329511 0 0 1200968 1127718 0 0 43042 64837 0 0 0 0 0 0 0 0 2120 2120 0 9386589 11485665 0 0 0 0 0 0 0 0 10632719 12680340 7072 6141 5500 0 500 500 0 0 0 0 0 0 0 0 0 0 55779 45108 68851 51749 X 3266976 4810706 7296892 7817885 10563868 12628591 10632719 12680340 727169 1337554 0 0 0 0 X 0 1 X 1 0 X 1466142 888018 1130811 1309988 2346347 7141306 0 0 0 0 0 0 0 0 0 0 1466142 888018 1130811 1309988 2346347 7141306 3188122 3953184 396224 407666 823984 533666 450255 2611795 0 0 0 0 0 0 9753101 0.40533 0.38771 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2571308 0 142433 27500 0 0 2686241 2704168 0 -118016 14844 0 0 2571308 2468609 0 252309 16750 0 0 2704168 2381538 0 126071 39000 0 0 2468609 2183433 0 217118 19548 0 0 2381003 0 0.437 0.563 0 0 0 Payable to ASCAP for payroll related and other expense reimbursements. 45108 45108 X 3981560 1337554 163876 0 0 1501430 2480130 43818 0 43818 2523948 1916837 163876 0 0 0 163876 1752961 43818 0 43818 1796779 Schedule D, Part V, Line 4 Endowment funds were established by the donors. The original value of gifts donated as an 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 2020. Holiday Auction 68825 56232 12593 0 0 0 0 0 12593 Evening of Merriment 49625 38499 11126 0 0 0 10000 0 1126 0 118450 94731 23719 0 0 0 10000 0 13719 23719 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. Broadway Inbound 234 West 44th Street 5th Floor New York NY 10036 203863600 17349 0 The Children Will Listen program was established to introduce students to musical theatre. Educational materials are provided to the teachers to discuss elements of a live musical theater production. Premium Broadway theater tickets are provided and a talk back after the performance allows the students to participate in a Q and A with the stars and creative teams after the show. In February, 45 students and chaperones from the Student Leadership Network in New York City attended Wicked on Broadway. Additionally, in November, 71 students and chaperones from Community Roots Charter School in Fort Green Brooklyn attended Kimberly Akimbo on Broadway. 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 Educational music books and folios are provided to various schools across the country for their music programs. Wallis Annenberg Center for the Performing Arts 9390 North Santa Monica Blvd Beverly Hills CA 90210 954467830 501(c)(3) 14335 0 Venue and related expenses to host the inaugural ASCAP Foundation Musical Theatre Festival and the ASCAP Foundation Musical Theatre Workshop. These programs are provided free of charge and assist in the education and talent development of musical theatre composers and writer. Rosie's Theatre Kids Inc 445 West 45th Street New York NY 10036 331194964 501(c)(3) 10000 0 Grant to support Musical Theatre songwriting program. 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. Nederlander Productions Broadway Direct Group Sales 1501 Broadway 14th Floor New York NY 10036 132589260 8640 0 The Children Will Listen program was established to introduce students to musical theatre. Educational materials are provided to the teachers to discuss elements of a live musical theater production. Premium Broadway theater tickets are provided and a talk back after the performance allows the students to participate in a Q and A with the stars and creative teams after the show. In June, 60 students and chaperones from Democracy Prep Public Schools NYC, attended Hamilton on Broadway. Philharmonic Symphony Society of NY Inc dba New York Philharmonic 10 Licoln Center Plaza New York NY 10023 131664054 501(c)(3) 8000 0 Grant to support the Very Yong Composer program at the New York Philharmonic. Center Theatre Group 601 West Temple St Los Angeles CA 90012 952466183 7268 0 The Children Will Listen program was established to introduce students to musical theatre. Educational materials are provided to the teachers to discuss elements of a live musical theater production. Premium theater tickets are provided and a talk back after the performance allows the students to participate in a Q and A with the stars and creative teams after the show. In July, 80 students and chaperones from the Compton Unified School District, Los Angeles CA, attended Into the Woods in Los Angeles. Rhinebeck Writers Retreat Inc 7 Hummingbird Way Staatsburg NY 12580 320347704 501(c)(3) 7000 0 Grant to support the 2023 Musical Theatre Writers retreat. Berklee College of Music Power station at Berklee NYC 441 West 53rd Street New York NY 10019 042300472 501()(3) 5074 0 Provide studio space for Film / TV workshop held at Columbia University. 8 4 Awards to support emerging composers and songwriters in various music genres. 89 207050 0 Music scholarships for individuals for their study of songwriting, music composition and / or music business at various stages of their music education. 56 115700 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 and other statistical analysis. The Associate Director of Programs will connect with grantees throughout the year to ensure that the funds are allocated in accordance with their application and align with the mission of The ASCAP Foundation. Grants to individuals 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 Sr. Director of Finance and Administration 0 163589 0 9300 0 2960 0 19958 0 2740 0 198547 0 0 Heather Lynn Sr. Director, Development & Fundraising 0 163058 0 7446 0 1044 0 9856 0 1209 0 182613 0 0 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 to annually disclose any conflict of interest. Any potential and / or perceived conflict 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 themself 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 Candid.org and other similar type websites. ASCAP 250 West 57th Street New York NY 10107 130434220 Music Licensing NY N/A C 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0