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EIN 27-3622277

The Elma Music Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New York
State
New York
Year formed
2011
Most recent tax filings
2024-12-01
NTEE code, primary
T20: Private Foundations
Description
The Elma Music Foundation is a private foundation located in New York, NY. The foundation primarily funds donations to support the Musiccares Foundation, Inc.'s COVID-19 relief efforts designed to support musicians affected by the shutdowns associated with COVID-19. The foundation made 25 grants last year.
Also known as...
Us
Total revenues
$1,633,307
2024
Total expenses
$3,159,409
2024
Total assets
$2,261,705
2024
Num. employees
0
2024

Grants made by The Elma Music Foundation

GranteeGrant descriptionAmount
Manhattan School of Music (MSM)Project Support To Establish the Hugh Masekela Heritage Scholarship for South African Students To Attend the Manhattan School of Music$361,852
Jazz Foundation of America (JFA)Project Support for the Jazz and Blues in the Schools Program (Jits), Which Extends the Careers of Aging Artists and Brings Music To Schools, Nursing Homes and Hospitals Nationwide.$300,000
Berklee College of MusicProject Support for "myda Scholarship", Which Will Provide Need-Based Scholarships for Students From Elma's Music Foundation (U.s.) Grantees To Attend Berklee College of Music's Four Year Undergraduate Program.$271,703
...and 18 more grants made totalling $2,691,887

Financials for The Elma Music Foundation

RevenuesFYE 12/2024
Total grants, contributions, etc.$1,500,000
Investment income and dividends$133,307
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,633,307

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Data update history
August 3, 2025
Posted financials
Added Form 990PF for fiscal year 2024
July 31, 2025
Updated personnel
Identified 1 new personnel
August 12, 2024
Posted financials
Added Form 990PF for fiscal year 2023
February 21, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
1345 Ave of the Americas 2301
New York, NY 10105
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Phone
(212) 697-1000
IRS details
EIN
27-3622277
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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