2026-04-23T12:32:02-05:00 2025-06-30 873707167 CBIZ ADVISORS LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2024-07-01 113112268 BAM ENDOWMENT TRUST BAME 7186364110 30 LAFAYETTE AVENUE BROOKLYN NY 11217 JENNIFER ANGLADE TREASURER 7186364110 2026-04-16 1 0 FRANK SMITH P00639053 2125038800 2026-04-06 2024 2025-03-06 01:10:19Z JENNIFER ANGLADE 30 LAFAYETTE AVENUE BROOKLYN NY 11217 42188129 0 X N/A X 1992 NY THE BAM ENDOWMENT TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE BROOKLYN ACADEMY OF MUSIC, INC. 11 11 0 11 0 0 430 69980 0 0 4296960 7327979 0 0 4297390 7397959 12861068 14540975 0 0 0 0 0 0 125000 598504 603844 13459572 15144819 -9162182 -7746860 89908086 81894285 4644037 2000000 85264049 79894285 THE BAM ENDOWMENT TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE BROOKLYN ACADEMY OF MUSIC, INC. 0 0 14540975 14540975 THE DISTRIBUTION TO BROOKLYN ACADEMY OF MUSIC (BAM) ENABLES THIS 160-YEAR-OLD MULTI-ARTS ORGANIZATION TO CONTINUE TO BE THE HOME FOR CURIOUS PEOPLE AND ADVENTUROUS IDEAS. BAM SUPPORTS ARTISTIC EXPERIMENTATION AND CHAMPIONS INCLUSION AND ACCESSIBILITY THROUGHOUT THE ARTS AS PRESENTER, ACTIVATOR, AND CONNECTOR. THE DISTRIBUTION PROVIDES CRUCIAL SUPPORT, WHICH MAKES POSSIBLE ALL OF BAM'S WORLD-RENOWNED PROGRAMMING IN THEATER, DANCE, MUSIC, OPERA, FILM AND MUCH MORE. IT ENABLES BAM TO SHOWCASE THE WORK OF EMERGING ARTISTS AND INNOVATIVE MODERN ARTISTS. 14540975 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X JENNIFER ANGLADE TREASURER 7187248244 30 LAFAYETTE AVENUE BROOKLYN NY 11217 ALAN H FISHMAN TRUSTEE 0.50 X 0 0 0 ALBERTO SANCHEZ TRUSTEE 0.50 X 0 0 0 ELIZABETH HOLTZMAN TRUSTEE 0.50 X 0 0 0 GABRIEL PIZZI CHAIR 5.00 X X 0 0 0 JAMES MCLAREN TRUSTEE 0.50 X 0 0 0 JENNIFER KOPYLOV TRUSTEE 0.50 0.50 X 0 0 0 MARCEL PRZYMUSINSKI TRUSTEE 0.50 0.50 X 0 0 0 R EDWARD SPILKA TRUSTEE 0.50 X 0 0 0 SCOTT MCDONALD TRUSTEE 0.50 0.50 X 0 0 0 STEVEN G FELSHER TRUSTEE 0.50 0.50 X 0 0 0 TIMOTHY SEBUNYA TRUSTEE 0.50 5.00 X 0 0 0 JENNIFER ANGLADE TREASURER 5.00 40.00 X 0 338114 57693 0 338114 57693 0 0 1 0 BROOKLYN ACADEMY OF MUSIC 30 LAFAYETTE AVENUE BROOKLYN NY 11217 MANAGEMENT FEES 250000 1 69980 69980 1975839 1975839 40142310 34790170 5352140 5352140 5352140 7397959 0 0 7327979 14540975 14540975 250000 125000 125000 598 598 44000 44000 292753 292753 8933 8933 7560 7560 15144819 14540975 478844 125000 1082937 3001086 1249210 1356749 65730516 49987492 19940423 27548958 1905000 0 89908086 81894285 4644037 2000000 4644037 2000000 X 3451849 1114611 81812200 78779674 85264049 79894285 89908086 81894285 X -7746860 2263593 113503 X X 0 1 X 1 0 X X 1 BROOKLYN ACADEMY OF MUSIC 112201344 7 1 14540975 0 1 14540975 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 X 1 1 PART IV, SECTION E, LINE 2A: THE BAM ENDOWMENT TRUST SERVES AS BAM'S INVESTMENT ADVISORY ORGANIZATION. IF THERE WERE NOT A SEPARATE 501(C)(3) ORGANIZATION SERVING THIS PURPOSE, BAM WOULD NEED TO PROVIDE THESE SERVICES ITSELF. PART IV, SECTION E, LINE 2B: THE ANNUAL DRAW PROVIDED BY THE BAM ENDOWMENT TRUST TO BAM ENABLED BAM TO PROVIDE FURTHER MISSION-RELATED PROGRAMMING THAT IT WOULD OTHERWISE NOT HAVE BEEN ABLE TO PROVIDE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 85264049 69980 9412322 14540975 311091 79894285 91872615 430 11184337 12861068 4636572 295693 85264049 93433236 -292974 11055652 11829684 493615 91872615 106944016 47048 -8653727 4613204 292178 93433236 92780429 21467 22119816 7687204 290492 106944016 0.01395 0.98605 0 0 0 HEDGE FUNDS AND LIMITED PARTNERSHIPS 27548958 F 27548958 DUE TO BROOKLYN ACADEMY OF MUSIC, INC 2000000 2000000 X 9482302 2263593 113503 2377096 7105206 292753 292753 7397959 14852066 0 14852066 292753 292753 15144819 PART V, LINE 4: BET RECEIVES FUNDS FOR THE ESTABLISHMENT OF CERTAIN ENDOWMENTS FOR ITS BENEFIT. THESE ENDOWMENTS HAVE BEEN DESIGNATED BY THE DONORS AS ENDOWMENTS TO BE KEPT IN PERPETUITY WITH NET APPRECIATION DESIGNATED TO SPECIFIC PURPOSES OR THE GENERAL OPERATIONS OF BAM, IN ACCORDANCE WITH THE ACCOUNTING STANDARDS CODIFICATION ("ASC"). PART X, LINE 2: BET BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2025 AND 2024 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES, WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN POOLED INCOME FUND 107,538. CHANGE IN DISCOUNT TO PRESENT VALUE 5,965. CENTRAL AMERICA AND THE CARRIBEAN 0 0 INVESTMENTS 9128883 EUROPE 0 0 INVESTMENTS 16295087 0 0 0 0 0 0 25423970 0 25423970 0 0 0 0 0 0 1 THE BROOKLYN ACADEMY OF MUSIC INC 30 LAFAYETTE AVENUE BROOKLYN NY 11217 112201344 501(C)(3) 14540975 0 OPERATING AND NON-OPERATING ACTIVITIES 1 PART I, LINE 2: THE BOARD OF TRUSTEES OF BAM ENDOWMENT TRUST APPROVES THE CALCULATION FOR THE DISTRIBUTION TO BROOKLYN ACADEMY OF MUSIC AND MONITORS THE USE OF FUNDS. 0 0 0 0 0 0 0 0 0 JENNIFER ANGLADE TREASURER 0 324750 0 0 0 13364 0 36797 0 20896 0 395807 0 0 FORM 990, PART VII: JENNIFER ANGLADE'S COMPENSATION WAS PAID BY BROOKLYN ACADEMY OF MUSIC, INC., A RELATED PARTY TO THE ORGANIZATION. JENNIFER WORKED 40 HOURS A WEEK AS CFO & VP OF FINANCE FOR BROOKLYN ACADEMY OF MUSIC, AND 5 HOURS A WEEK AS TREASURER FOR BAM ENDOWMENT TRUST. FORM 990, PART VI, SECTION A, LINE 2 TIMOTHY SEBUNYA AND ALAN FISHMAN HAD A BUSINESS RELATIONSHIP DURING THE YEAR. FORM 990, PART VI, SECTION B, LINE 11B DRAFT VERSIONS OF THE TAX RETURNS ARE PRESENTED TO THE FULL BOARD FOR REVIEW AND COMMENT IN ADVANCE OF THE FILING DEADLINE. AFTER ANY NECESSARY REVISIONS, THE TAX RETURNS ARE FILED WITH THE APPROPRIATE AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C ALL MEMBERS OF THE BOARD OF TRUSTEES ARE REQUIRED TO REVIEW AND SIGN BET'S CONFLICT OF INTEREST POLICY ON A REGULAR BASIS. WHEN A BIDDING SITUATION WITH A POTENTIAL CONFLICT ARISES, PROPOSALS FROM MULTIPLE SOURCES ARE REQUESTED. BET AUDIT COMMITTEE EVALUATES EACH CONFLICT OR POTENTIAL CONFLICT TO ENSURE THAT EACH BID MEETS THE CRITERIA SET FORTH IN BET'S CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 THROUGH THE WEBSITE OF ITS RELATED ORGANIZATION (WWW.BAM.ORG), BET MAKES AVAILABLE ITS CONFLICT OF INTEREST POLICY AND ITS TAX FORMS AVAILABLE. FORM 990, PART XI, LINE 9: CHANGE IN POOLED INCOME FUND 107,538. CHANGE IN DISCOUNT TO PRESENT VALUE 5,965. FORM 990, PART XII LINE 2C: THE PROCESS OF OVERSEEING OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. BROOKLYN ACADEMY OF MUSIC 30 LAFAYETTE AVENUE BROOKLYN NY 11217 112201344 PERFORMING ARTS, CINEMA AND MEDIA NY 501(C)(3) LINE 7 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1