EIN 51-0181769

Ascap Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1975
Most recent tax filings
2022-12-01
NTEE code, primary
Description
The Ascap Foundation is dedicated to supporting and nurturing American music creators through various programs, including songwriting workshops, scholarships, awards, community outreach, and grants to others. They aim to provide effective learning opportunities for students of all backgrounds in music education and community outreach. Their scholarship programs ensure that opportunities for the study of music and related areas are available to aspiring musicians. The foundation is located in New York, NY.
Total revenues
$1,913,648
2022
Total expenses
$1,324,923
2022
Total assets
$10,632,719
2022
Num. employees
0
2022

Program areas at Ascap Foundation

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 54 recipients ranging from $1,000 to $10,000. The ASCAP Foundation provides awards to emerging composers and songwriters consisting of cash awards to 103 recipients of composer and / or lyricist programs. These awards range from $125 to $10,000.
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 (9); Commissions and / or Commissioning programs (3); and sponsorship of talent development programs, (12). By providing professional opportunities to emerging composers, lyricists and songwriters, The ASCAP Foundation supports their careers and promotes their works. Some of our workshops were unable to be held in 2022 due to in person protocols.
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 16 Music Education and / or Music 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 16 programs included 10 that received $5,000 or more in funding and 3 programs that received less than $5,000.
Other program services include 3 humanitarian programs that includes music therapy programs for veterans with PTSD; Aphasia patients; students on the autism spectrum and other program support expenses.

Grants made by Ascap Foundation

GranteeGrant descriptionAmount
New Orleans Arts and Cultural Host CommitteeGrant To Support Summer Jazz Camp.$18,000
JazzmobileGrant To Support Saturday Jazz Workshop Program$15,000
Wallis Annenberg Center for the Performing ArtsSupport for the Development of the Great American Mousical.$12,451
...and 4 more grants made

Who funds Ascap Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Louis Armstrong Educational FoundationGeneral$60,000
Herb Alpert FoundationCharitable$35,000
PayPal Giving FundGeneral Support$13,082
...and 8 more grants received

Personnel at Ascap Foundation

NameTitleCompensation
Nicole George-MiddletonExecutive Director$0
Joan HillSenior Director - Finance and Administration$0
Heather LynnSenior Director , Development and Fundraising - 3 and 21 and 22$0
Malaika AlvaroSenior Program Manager
Irwin RobinsonVice President$0
...and 3 more key personnel

Financials for Ascap Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$1,309,988
Program services$0
Investment income and dividends$365,651
Tax-exempt bond proceeds$0
Royalty revenue$168,015
Net rental income$0
Net gain from sale of non-inventory assets$69,994
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,913,648

Form 990s for Ascap Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-05-15990View PDF
2021-122022-05-16990View PDF
2020-122021-05-24990View PDF
2019-122021-05-13990View PDF
2018-122019-07-31990View PDF
...and 8 more Form 990s
Data update history
November 27, 2023
Received grants
Identified 3 new grant, including a grant for $13,082 from PayPal Giving Fund
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 23, 2023
Received grants
Identified 10 new grant, including a grant for $60,000 from Louis Armstrong Educational Foundation
July 7, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsPerforming arts organizationsMusical groupsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Provides grantsFundraising eventsNational levelEndowed supportCommunity engagement / volunteeringProvides scholarshipsAuction fundraisersTax deductible donationsNo full-time employees
General information
Address
250 W 57th St
New York, NY 10107
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
ascapfoundation.org/ 
Phone
(212) 621-6526
Facebook page
ASCAPFoundation 
Twitter profile
@ascapfoundation 
IRS details
EIN
51-0181769
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A68: Music
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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