Association for the Advancement of Creative Musicians Nyc Chapter Inc

Nonprofit profile at a glance

EIN
133216947
IRS 990-EZ coverage
2023–2024
Forms available
Form 990-EZ 2024, Form 990-N 2022
Location
New York, NY, USA
Phone
2125947121
Rating
91
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$23,194
Expenses
$31,046
Assets
$22,317
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • Claudine Myers (Acting President/Vice President)

People named in this filing

  • Claudine Myers (Acting President/Vice President)
  • Reggie Nicholson (Treasurer)
  • Peggy Abrams (CFO/Adminstrator)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Our primary mission is to present concerts that represent the music of AACM Composers. The concert activities are designed to bring new American music to the general public and to create an atmosphere that is conducive for the artistically inclined. In 2024 the Association for the Advancement of Creative Musicians AACM New York City Chapter Inc. 59 Years of Artistic Dedication Presented AACM Concert Series 2024 At Peter Norton Symphony Space Leonard Nimoy Thalia in a 3 concert series.

What it reported doing in 2024

Our primary mission is to present concerts that represent the music of AACM Composers. The concert activities are designed to bring new American music to the general public and to create an atmosphere that is conducive for the artistically inclined. We estimate the number of persons benefitting from the services provided is approximately 700 persons. In 2024 the Association for the Advancement of Creative Musicians, AACM New York City Chapter, Inc. 59 Years of Artistic Dedication Presented AACM Concert Series 2024 At Peter Norton Symphony Space Leonard Nimoy Thalia in a 3 concert series with double billed October 4th Adegoke Steve Colson Duet and Peyton Pleninger's Biotonic, November 8th, Iqua Colson String Musings and Declan Sheehy-Moss Bounce, and Nov. 20th Reggie Nicholson 4Plex and Thurman Barker Circles. Friday, October 4th 7:30 pm Decorated Pianist and Composer Adegoke Steve Colson in Duet with Gifted Bassist Luke Stewart. (Adegoke Steve Colson - innovative pianist, composer, historian, educator - performs internationally, has written over 250 pieces for small ensemble, and received several commissions for large works. He and the dynamic bassist Luke Stewart will share their adventurous sounds.) And Peyton Pleninger's Biotonic, Featuring: Peyton Pleninger, Saxophone, Will McEvoy, Bass, and Bram Kincheloe, Drums (Peyton Pleninger - is an emerging tenor saxophonist, improviser, bandleader. He performed with AACM Member Henry Threadgill as part of the multimedia work One and The Other One.) Friday, November 8th 7:30 pm, Celebrated Vocalist/Composer Iqua Colson brings... String Musings With the acclaimed Marlene Rice, Violin; Brandon Ross, Guitar; Reggie Workman, Bass; and Adegoke Steve Colson, Piano ( Join Iqua Colson and this stellar group of music greats for an inspired evening of original pieces for voice and string instruments. "Vocalist Iqua Colson... brought crisp intonation to some mournful melodic lines ... The New York Times) And Declan Sheehy-Moss: Bounce, Featuring: Declan Sheehy-Moss, Tenor Sax, EWI, Rahul Carlberg, Piano, Prophet, Alex Yoo, Drums, Tim Watson, Guitar and David Macchione, Bass, (Declan Sheehy-Moss - With an expanded instrumentation, Declan's newest project "Bounce" features a new, deeper sound. Combining elements of modern jazz, free jazz, and funk, guitar pedals and other electronics are used alongside typical acoustic instruments to further expand upon the sonic landscape.) Wednesday, November 20th 7:30 pm, Master Percussionist Composer Reggie Nicholson 4plex Featuring: Eddie Allen, Trumpet, Avram Fefer, Woodwinds, Ken Filiano, Bass and Reggie Nicholson, Drums and Percussion (As a composer, Reggie Nicholson has contributed a number of original works that showcase his ability to blend intricate rhythmic patterns with melodic and harmonic sophistication. His music is celebrated for its innovative spirit and its capacity to push the boundaries of conventional jazz. ) And Master Percussionist/Composer Thurman Barker Circles Featuring: Akua Dixon, Cello, Fay Victor, Voice, Rob Schwimmer, Piano and Thurman Barker, Drums and Percussion (From jazz and blues to contemporary, classical and beyond, his sound blurs traditionally rigid lines to the delight of his audiences. Thurman Barker's wealth of knowledge was built through countless incredible collaborators.)

Operating model

Revenue model
Donor-supported. 93% of the money available for current operations came from contributions and gifts.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Program spending has declined or grown slowly and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 100
  • Transparency & Controls: 100
  • Sustainability: 28
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100

Sustainability

  • Operating margin: -33.9%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 0.72; rating input score 38; 38th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
  • Officer compensation ratio: 4.8%; rating input score 11; 11th percentile among comparable filings

Growth

  • Program expense growth: -99.2% per year; rating input score 0; 3rd percentile among comparable filings
  • Revenue growth: -120.7% per year; rating input score 0; 1st percentile among comparable filings
  • Asset growth: -29.9% per year; rating input score 0; 7th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $31K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Operating margin scored 17/100.
  • High — Growth: Asset growth scored 0/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 38/100.
  • High — Sustainability: Officer compensation ratio scored 11/100.