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New Music Usa Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 130432981 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is New Music Usa Inc?

New Music USA Inc is a nonprofit organization that harnesses the strength of virtual networks and individuals to cultivate connections, broaden understanding, spark appreciation, and offer financial assistance to a varied group of creators and enthusiasts, spanning both within the United States and internationally. Their mission is centered around supporting the emergence, presentation, and admiration of newly created music. They strive to nurture this diverse community by fostering connections, deepening knowledge, and encouraging appreciation.


Official website here: www.newmusicusa.org

Is New Music Usa Inc legitimate?

New Music Usa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Music Usa Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $195,243
Professional Fundraising Fees: $0
Other Salaries and Wages: $715,248

For more financial information, click here


Official website here: www.newmusicusa.org

What is the mission statement of New Music Usa Inc?

New Music USA Inc's mission is to foster a connection between various individuals involved in the creation, performance, and appreciation of new music. They leverage virtual networks and the collective power of people to encourage appreciation for this diverse community, both domestically and internationally. The organization aims to deepen knowledge and understanding of new music, providing financial support to practitioners and enthusiasts alike. In essence, New Music USA Inc serves as a platform that nurtures the growth and recognition of new music on a global scale.


Official website here: www.newmusicusa.org

Who is the CEO of New Music Usa Inc?

Vanessa Reed is the Co-Chair of New Music Usa Inc. The CEO's salary of New Music Usa Inc is $182,576 and their total compensation is $202,819.


Official website here: www.newmusicusa.org

What is the revenue of New Music Usa Inc?

New Music Usa Inc's revenue in 2022 was $3,821,234.


Official website here: www.newmusicusa.org

Who are the executives of New Music Usa Inc and what are their salaries?

The average compensation at New Music Usa Inc during 2022 was $50,583. There are 18 employees and 62 volunteers at New Music Usa Inc.

Here are 18 key members and their salaries (New Music Usa Inc's CEO's salary is $182,576 and their total compensation is $202,819):

    Vanessa Reed (President & Ceo)
  • Compensation: $182,576
  • Related: $0
  • Other: $20,243

    • Joseph Walker (Co-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Reena Esmail (Co-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Iwano (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matias Tarnopolsky (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steven Tresnan (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chere Lott (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dorothea Endicott (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aja Burrell Wood (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alan Kornberg (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marya Martin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gayle Morgan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Kendrick (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Wegleitner (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kate Bensen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phyllis Mills (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joseph Young (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Angelica Sanchez (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newmusicusa.org

    Where can I find the form 990 for New Music Usa Inc?

    The New Music Usa Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newmusicusa.org

    Learn more at the official website: www.newmusicusa.org

    Mission Statement of New Music Usa Inc

    New Music USA Inc, as a nonprofit organization, is committed to nurturing the creation, performance, and appreciation of new music. They achieve this mission through the use of virtual networks and the collective power of people. By fostering connections, New Music USA deepens the knowledge and understanding of new music among a diverse group of practitioners and appreciators, both within the United States and internationally. The organization also encourages appreciation for new music and provides financial support to this diverse constituency. In essence, New Music USA serves as a catalyst, bringing together individuals and fostering an environment that supports and celebrates the evolution of musical expression.

    Impact

    This information is meant to be a general summary of New Music Usa Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    New Music Usa Inc's impact can be seen in its support for the sounds of tomorrow. By nurturing the creation, performance, and appreciation of new music, this organization plays a crucial role in fostering connection, deepening knowledge, and encouraging appreciation within the music community. Through virtual networks and financial support, New Music Usa Inc empowers a diverse constituency of practitioners and appreciators, both within the United States and beyond, to push the boundaries of music and amplify the voices of modern composers. Its work contributes to the vibrancy and innovation of the arts, making a lasting impact on the cultural landscape.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $811,309
  • Program Service Revenue: $0
  • Gross Receipts: $6,984,593

    • Assets and Liabilities:
  • Total Assets: $19,944,581
  • Total Liabilities: $1,398,002
  • Net Assets: $18,546,579
  • Organization Details

    Founding Year

    1942

    Principal Officer

    Vanessa Reed

    Main Address

    40 WALL STREET 6TH FLOOR, NEW YORK, NY, 10005

    NTEE Category

    Code: A680 - Arts

    If you are a representative of New Music Usa Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.