National Association of Negro Musicians Inc The
Nonprofit profile at a glance
- EIN
- 237015807
- IRS 990-EZ coverage
- 2010–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2018
- Location
- Shreveport, LA, USA
- Phone
- 8325514064
- Rating
- 89
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $164,829
- Expenses
- $183,522
- Assets
- $109,658
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- Alfrelynn Roberts (President)
- Sylvia Hollifield (1st Vice President)
- Vinroy Brown (2nd Vice President)
People named in this filing
- Alfrelynn Roberts (President)
- Robert Price (Executive Secretary)
- Sylvia Hollifield (1st Vice President)
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
The National Association of Negro Musicians Inc NANM is a charitable educational organization dedicated to promoting preserving and supporting all genres of music created or performed by African Americans We advance knowledge and appreciation of this musical heritage by sponsoring scholarships competitions masterclasses and workshops presenting concerts and convenings and encouraging research documentation and publication of works and historical information about composers artists and musicians of African descent Through national and local chapters NANM nurtures emerging and established musicians and expands public understanding of Black contributions to the cultural arts
What it reported doing in 2024
Produce and host annual convention providing opportunities for networking professional development and performance opportunities for musicians of all ages and levels of musical training and proficiency
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 82
- Sustainability: 31
- Growth: 100
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: Limited
Sustainability
- Operating margin: -11.3%; rating input score 14; 14th percentile among comparable filings
- Total-asset coverage ratio: 0.6; rating input score 43; 43rd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 2.6%; rating input score 24; 24th percentile among comparable filings
Growth
- Program expense growth: 2.4% per year; rating input score 100; 38th percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 33rd percentile among comparable filings
- Asset growth: 0.2% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $189K in reported program spending
- Leadership: top reported pay $0 · 13 people listed
- Consistency: 8 of 9 current checks pass · 1 finding to review
- Schedules: 2 filed schedules
- Filing history: 10 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- 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.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Sustainability: Operating margin scored 14/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 43/100.
- High — Sustainability: Officer compensation ratio scored 24/100.