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Rock & Roll Hall Of Fame Foundation Inc

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

EIN: 133171867 ✦ Th floor, NY ✦ Designated as a 501(c)(3)

Overview

What is Rock & Roll Hall Of Fame Foundation Inc?

The Rock & Roll Hall of Fame Foundation Inc, situated in New York City, is a dedicated nonprofit organization with a mission to safeguard and honor historical artifacts, documents, and records connected to the Rock & Roll music genre. By establishing a renowned Hall of Fame, they have significantly contributed to the promotion and celebration of Rock & Roll as a vital cultural aspect of contemporary life. Through annual inductions and industry recognition awards, they have successfully championed the genre's significance. Boasting a modest workforce of three individuals, the Foundation is committed to preserving and celebrating Rock & Roll's rich heritage.


Is Rock & Roll Hall Of Fame Foundation Inc legitimate?

Rock & Roll Hall Of Fame Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rock & Roll Hall Of Fame Foundation 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: $550,263
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,327

For more financial information, click here


What is the mission statement of Rock & Roll Hall Of Fame Foundation Inc?
Who is the CEO of Rock & Roll Hall Of Fame Foundation Inc?
What is the revenue of Rock & Roll Hall Of Fame Foundation Inc?
Who are the executives of Rock & Roll Hall Of Fame Foundation Inc and what are their salaries?

The average compensation at Rock & Roll Hall Of Fame Foundation Inc during 2022 was $194,197. There are 3 employees and 29 volunteers at Rock & Roll Hall Of Fame Foundation Inc.

Here are 30 key members and their salaries (Rock & Roll Hall Of Fame Foundation Inc's CEO's salary is $513,462 and their total compensation is $513,462):


Where can I find the form 990 for Rock & Roll Hall Of Fame Foundation Inc?

Mission Statement of Rock & Roll Hall Of Fame Foundation Inc

The Rock & Roll Hall of Fame Foundation Inc is committed to championing and celebrating Rock & Roll music as a significant cultural element of contemporary life and society. Their primary mission is to elevate Rock & Roll as a respected and influential art form, fostering a deep appreciation for its historical and cultural significance. To achieve this goal, the foundation focuses on preserving and safeguarding essential documents, records, and artifacts related to the Rock & Roll industry.

Additionally, the Rock & Roll Hall of Fame Foundation Inc has established a renowned Hall of Fame, which serves as a testament to the enduring impact of Rock & Roll on modern culture. Through annual inductions and recognition of industry achievements, the Hall of Fame promotes the cultural relevance of Rock & Roll, fostering a sense of community and shared appreciation among its fans and musicians alike. By actively preserving and promoting the history and cultural importance of Rock & Roll, the Rock & Roll Hall of Fame Foundation Inc plays a critical role in ensuring that this iconic genre continues to inspire and entertain generations to come.

Impact

This information is meant to be a general summary of Rock & Roll Hall Of Fame Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 1, 2024

The Rock & Roll Hall of Fame Foundation Inc has had a significant impact on the recognition and promotion of Rock & Roll music as a vital cultural aspect of modern society. Through its annual inductions and industry achievement recognitions, the foundation has successfully established a Hall of Fame that preserves and protects historical documents, records, and artifacts related to the Rock & Roll music industry. This has not only celebrated the achievements of artists and industry professionals but also served to elevate and promote Rock & Roll music as a vibrant and influential cultural force.





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: $934,310
  • Program Service Revenue: $3,521,460
  • Gross Receipts: $4,963,865

    • Assets and Liabilities:
  • Total Assets: $17,882,769
  • Total Liabilities: $4,923,150
  • Net Assets: $12,959,619
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Introduction ceremony

    Revenue

    $20,015

    License fees

    Revenue

    $3,501,445

    Organization Details

    Founding Year

    1993

    Principal Officer

    Joel Peresman

    Main Address

    750 Lexington Avenue, th Floor, NY, 10022

    NTEE Category

    Code: A500 - Arts

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