2024-11-15T18:00:45-06:00 2023-12-31 621199757 LBMC PC PO BOX 1869 BRENTWOOD TN 370241869 990 2023-01-01 920894392 BLACK MUSIC ACTION COALITION INC BLAC 6153090969 CO TRI STAR 55 MUSIC SQUARE NASHVILLE TN 37203 WILLIE STIGGERS PRESIDENT 6153090969 2024-11-15 1 0 ABIGAIL CAMPBELL P01296738 6153774600 2024-11-15 2023 2024-10-15 13:58:12Z X WILLIE STIGGERS C/O TRI STAR 55 MUSIC SQUARE NASHVILLE TN 37203 4245645 0 X WWW.BMACOALITION.ORG X 2022 TN EMPOWERMENT AND EDUCATION IN MUSIC 7 6 0 0 0 0 0 4015140 0 0 0 0 0 230505 0 4245645 0 289597 0 0 0 156413 0 0 0 0 1669308 0 2115318 0 2130327 0 2302827 0 172500 0 2130327 X BLACK MUSIC ACTION COALITION ("BMAC") WORKS TO CREATE A UNIFIED FORCE OF ACTION FOR EQUITY AND JUSTICE WITHIN THE MUSIC INDUSTRY AND TO USE THE POWER OF OUR COLLECTIVE VOICE TO IMPROVE COMMUNITIES AND DRIVE SYSTEMIC CHANGE. BMAC ADVOCATES ON BEHALF OF ARTISTS, SONGWRITERS, PRODUCERS, MANAGERS, AGENTS, EXECUTIVES, AND LAWYERS TO CREATE ACCESS, EQUITY AND OPPORTUNITY. BMAC WORKS TOGETHER WITH BUSINESS LEADERS TO HOLD COMPANIES ACCOUNTABLE AND ENSURE CHANGE TAKES ROOT. BMAC WORKS TO DRIVE POLICY CHANGE AROUND SOCIAL AND RACIAL JUSTICE AND PROTECTION OF ARTISTS WITH A FOCUS ON CAUSES THAT DIRECTLY IMPACT COMMUNITIES. 0 0 1479512 THE BLACK MUSIC ACTION COALITION (BMAC) GALA IS THE ONE AND ONLY MUSIC GATHERING TO CELEBRATE MUSIC ARTISTS AND MUSIC INDUSTRY PROFESSIONALS FOR THEIR CONTRIBUTION TO SOCIAL AND RACIAL JUSTICE. BMAC GALA HONOREES ARE EACH REMARKABLE AND HAVE SHOWN AN EXTRAORDINARY AMOUNT OF DEDICATION AND COMMITMENT IN THE FIGHT FOR RACIAL EQUITY AND SOCIAL CHANGE. 2023 BMAC GALA HONOREES INCLUDED, BMAC 365 AWARD, TARIQ CHERIF AND MATT ZINGLER, ROLLING LOUD, QUINCY JONES HUMANITARIAN AWARD, LIZZO, BMAC CHANGE AGENT AWARD, JASON FLOM, TRAE THA TRUTH, BMAC SOCIAL IMPACT AWARD, DR. MENNA DEMESSIE, JESSE COLLINS, KEKE PALMER, BMAC CLARENCE AVANT TRAILBLAZER AWARD, JERMAINE DUPRI, SYLVIA RHONE. BMAC WAS PROUD TO HOST STUDENTS AND EMERGING INDUSTRY PROFESSIONALS FROM ITS EXTENSIVE ROSTER OF MENTORSHIP PROGRAMS. 493085 209597 THE BLACK MUSIC ACTION COALITION (BMAC) AND THE ACADEMY OF COUNTRY MUSIC (ACM) LAUNCHED "ONRAMP," AN ECONOMIC EMPOWERMENT AND MENTORSHIP PROGRAM FOR 20 YOUNG, BLACK MEMBERS OF THE MUSIC COMMUNITY, INCLUDING ARTISTS AND INDUSTRY PROFESSIONALS, IN NASHVILLE, TENNESSEE. THE ON RAMP PROGRAM WORKS TO CREATE INCLUSION FOR BLACK TALENT WHO HAVE HISTORICALLY BEEN EXCLUDED FROM ARTISTIC AND ECONOMIC SUCCESS WITHIN COUNTRY MUSIC, DESPITE A LEGACY OF ORIGINATION AND CONTRIBUTION. THE ONRAMP PROGRAM, FOCUSED ON IMPROVING INCLUSIVITY AND EQUITY WITHIN MUSIC CITY, AIMS TO EMPOWER THE NEXT GENERATION OF LEADERS IN THE EARLY STAGES OF THEIR CAREERS BY GRANTING ACCESS TO PROFESSIONAL DEVELOPMENT OPPORTUNITIES, COMMUNITY MENTORSHIP, AND OTHER AVENUES TO INCREASE PERSONAL GROWTH, INDUSTRY EXPOSURE, EXCLUSIVE BMAC MEMBERSHIP PANELS. THROUGH MUSIC MAKER GRANTS, MENTORSHIP PROGRAMS AND MUSIC BUSINESS EDUCATION PROGRAMS BMAC HAS CREATED ACCESS, OPPORTUNITY AND JOB PLACEMENTS FOR EMERGING MUSIC INDUSTRY PROFESSIONALS. THE BMAC ON RAMP PROGRAM PROVIDED ECONOMIC EMPOWERMENT WITH MONTHLY SUPPORT AND ONGOING MENTORSHIP TO AN UNDERSERVED COMMUNITY OF ARTISTS AND PROFESSIONALS IN TN. BMAC IMPACT EVENTS AND CONVENINGS SERVE TO CREATE NARRATIVE CHANGE. BMAC DIRECTLY SUPPORTED COMMUNITIES THROUGH THE HOLIDAY GIFTING PROGRAM. 97667 80000 THE BLACK MUSIC ACTION COALITION (BMAC) WORKED IN PARTNERSHIP WITH TV HOST NICK CANNON AND HIS NEXT SUPERSTAR TOUR 2023 TO PROVIDE A NATIONWIDE SLATE OF GRANTS FOR EMERGING MUSIC ARTISTS. THE TOUR AND CORRELATED GRANTS WERE A CELEBRATORY, EMPOWERMENT JOURNEY FOR THE RISING STARS OF MUSIC'S NEXT GENERATION. BMAC PUT OUT A NATIONWIDE APPLICATION FOR EMERGING ARTISTS TO APPLY IN THEIR HOMETOWN AS THE TOUR CAME THROUGH. BMAC WORKED WITH A COALITION TO IDENTIFY BMAC X FUTURE SUPERSTAR GRANTEES IN 17 CITIES. GRANTEES RECEIVED GRANT FUNDING, A NEXT SUPERSTAR EDUCATIONAL SEMINAR, AND THE CHANCE TO PARTICIPATE IN A NEXT SUPERSTAR SHOW WITH HEADLINING TALENT PERFORMING. IN ADDITION, BMAC WAS PROUD TO PROVIDE MENTORSHIP PROGRAMMING FOR GRANTEES AND THE OPPORTUNITY TO PARTICIPATE IN BMAC MUSIC INDUSTRY EVENTS 2070264 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 X 7 6 0 1 0 0 0 0 0 1 1 0 0 1 0 0 0 0 0 0 TN X TRI STAR SPORTS AND ENTERTAINMENT GROUP 6153090969 55 MUSIC SQUARE NASHVILLE TN 37203 WILLIE STIGGERS PRESIDENT 40.00 40.00 X X 0 151667 0 SHAWN HOLIDAY EXECUTIVE VICE PRESIDENT 2.00 2.00 X X 0 0 0 CARON VEAZEY VICE PRESIDENT 2.00 2.00 X X 0 0 0 ASHAUNNA AYARS VICE PRESIDENT 2.00 2.00 X X 0 0 0 NAIMA COCHRANE VICE PRESIDENT 2.00 2.00 X X 0 0 0 JAMIL DAVIS SECRETARY 2.00 2.00 X X 0 0 0 DAMIEN SMITH TREASURER 2.00 2.00 X X 0 0 0 ANN GILBERTSON HAGGART DIRECTOR OF OPERATIONS 40.00 40.00 X 0 70228 0 0 221895 0 0 0 1 0 0 4015140 4015140 REIMBURSED EXPENSES 900099 230505 230505 230505 4245645 230505 0 0 289597 289597 142132 122830 19302 11250 11250 3031 2427 604 2500 2500 6850 6850 2910 2910 288 150 138 20723 20723 PROGRAM EXPENSES 1636037 1634537 1500 2115318 2070264 45054 0 0 2188621 0 114206 0 2302827 0 2500 170000 0 172500 X 2130327 0 2130327 0 2302827 2130327 0 X 0 1 X 0 0 X 4015140 4015140 4015140 4015140 2749261 1265879 230505 230505 4245645 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X PART X, LINE 2: BLACK MUSIC ACTION COALITION, INC IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3). ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE ACCOMPANYING COMBINED FINANCIAL STATEMENTS. THE COALITION FOLLOWS FINANCIAL ACCOUNTING STANDARDS BOARD ("FASB") ACCOUNTING STANDARDS CODIFICATION ("ASC") GUIDANCE CLARIFYING THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THIS GUIDANCE PRESCRIBES A MINIMUM PROBABILITY THRESHOLD THAT A TAX POSITION MUST MEET BEFORE A FINANCIAL STATEMENT BENEFIT IS RECOGNIZED. THE MINIMUM THRESHOLD IS DEFINED AS A TAX POSITION THAT IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION BY THE APPLICABLE TAXING AUTHORITY, INCLUDING RESOLUTION OF ANY RELATED APPEALS OR LITIGATION PROCESSES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT TO BE RECOGNIZED IS MEASURED AS THE LARGEST AMOUNT OF BENEFIT THAT IS GREATER THAN FIFTY PERCENT LIKELY OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE COALITION HAS NO UNCERTAIN TAX POSITIONS AT DECEMBER 31, 2023. AS OF DECEMBER 31, 2023, THE COALITION HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. IT IS THE COALITION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. THE COALITION FILES U.S. FEDERAL INFORMATION TAX RETURNS. 1 FUTURE SUPERSTARS GRANT 16 80000 KOBALT GRANT 5 10000 ACM ON RAMP (ADMINISTERED THROUGH STEADYAPP) 20 140000 MUSIC MAKER GRANT 1 5000 BMAC EXECUTIVE MENTORSHIP PROGRAM 1 2000 HOLIDAY SUPPORT 500 52597 FAIR MARKET VALUE HOLIDAY GIFTS AND EVENTS FOR CHILDREN AND TEENAGERS PART I, LINE 2: THE ORGANIZATION HAS AN OPEN APPLICATION PROCESS. GRANT RECEIPIENTS ARE SELECTED BY A COMMITTEE. MONITORING OF GRANT RECIPIENTS VARIES BY GRANT. YEAR-LONG PROGRAMS HAVE ONGOING CHECK-INS AND MENTORSHIP. X X 0 0 0 0 0 0 0 0 0 WILLIE STIGGERS PRESIDENT 0 151667 0 0 0 0 0 0 0 0 0 151667 0 0 FORM 990, PART VI, SECTION A, LINE 3 TRI STAR PROVIDES CUSTOMARY BUSINESS MANAGEMENT SERVICES, INCLUDING, BUT NOT LIMITED TO, ACCOUNTING SERVICES, THE PREPARATION OF FINANCIAL STATEMENTS, PAYING MONTHLY BILLS, BANK AND INVESTMENT RECONCILIATIONS, CASH MANAGEMENT, FACILITATING RISK AND INSURANCE ASSESSMENTS AND COVERAGES, CONTRACT SERVICING, CREATION OF CUSTOMER INVOICES AND COLLECTION OF FUNDS. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION'S FORM 990 WAS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. BLACK MUSIC ACTION COALITION LTD 55 MUSIC SQUARE WEST 2ND FLOOR NASHVILLE TN 37203 853630213 ADVOCACY DE 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0