Civic Intelligence

Bam Endowment Trust

EIN 11-3112268 • 501(c)3 • Brooklyn, NY

Profile

The bam endowment trust operates exclusively for the benefit of the brooklyn academy of music, inc.

30 Lafayette AvenueBrooklyn, NY 11217

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

24th percentile

0.05x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

77th percentile

1.08x

Higher debt load relative to revenue than 77% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

1st percentile

-213%

Higher net margin than 1% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

51st percentile

$372,523

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 8.7% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

19th percentile

-2.1%

Faster asset growth than 19% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

97th percentile

203%

Faster revenue growth than 97% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets24th percentile

Assets

Down

$89,908,086

Down $1,975,194 (-2.1%) from 2023

Liabilities

Up

$4,644,037

Up $4,633,372 (+43445%) from 2023

Net Assets

Down

$85,264,049

Down $6,608,566 (-7.2%) from 2023

Operations
Liabilities / Revenue77th percentileNet Margin1st percentile

Revenue

Up

$4,297,390

Up $2,879,238 (+203%) from 2023

Expenses

Up

$13,459,572

Up $820,002 (+6.5%) from 2023

Net Income

Up

-$9,162,182

Up $2,059,236 (+18%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth19th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150M$100M$50M$0Assets 2010: $73,705,139Liabilities 2010: $34,130Net Assets 2010: $73,671,0092010Assets 2011: $83,148,471Liabilities 2011: $32,222Net Assets 2011: $83,116,2492011Assets 2012: $80,902,305Liabilities 2012: $30,215Net Assets 2012: $80,872,0902012Assets 2013: $87,905,836Liabilities 2013: $27,901Net Assets 2013: $87,877,9352013Assets 2014: $96,831,467Liabilities 2014: $25,704Net Assets 2014: $96,805,7632014Assets 2015: $99,370,343Liabilities 2015: $23,915Net Assets 2015: $99,346,4282015Assets 2016: $91,601,374Liabilities 2016: $27,370Net Assets 2016: $91,574,0042016Assets 2017: $95,804,744Liabilities 2017: $25,146Net Assets 2017: $95,779,5982017Assets 2018: $99,876,442Liabilities 2018: $22,806Net Assets 2018: $99,853,6362018Assets 2019: $101,180,760Liabilities 2019: $20,343Net Assets 2019: $101,160,4172019Assets 2020: $92,803,010Liabilities 2020: $22,581Net Assets 2020: $92,780,4292020Assets 2021: $106,959,115Liabilities 2021: $15,099Net Assets 2021: $106,944,0162021Assets 2022: $93,445,467Liabilities 2022: $12,231Net Assets 2022: $93,433,2362022Assets 2023: $91,883,280Liabilities 2023: $10,665Net Assets 2023: $91,872,6152023Assets 2024: $89,908,086Liabilities 2024: $4,644,037Net Assets 2024: $85,264,0492024

Highlighted filing

2024

Assets$89,908,086
Liabilities$4,644,037
Net Assets$85,264,049
Open 2024 Filing

Operations Trend

Revenue Growth97th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$20M$10M$0-$10M-$20MExpenses 2010: $3,275,5202010Expenses 2011: $3,317,3192011Expenses 2012: $3,706,0072012Revenue 2013: $1,815,316Expenses 2013: $4,005,187Net Income 2013: -$2,189,8712013Revenue 2014: $9,146,712Expenses 2014: $4,478,733Net Income 2014: $4,667,9792014Revenue 2015: $8,107,112Expenses 2015: $4,703,341Net Income 2015: $3,403,7712015Revenue 2016: $1,716,770Expenses 2016: $5,053,196Net Income 2016: -$3,336,4262016Revenue 2017: $3,644,894Expenses 2017: $9,367,248Net Income 2017: -$5,722,3542017Revenue 2018: $8,294,486Expenses 2018: $8,123,627Net Income 2018: $170,8592018Revenue 2019: $2,937,748Expenses 2019: $4,982,850Net Income 2019: -$2,045,1022019Revenue 2020: $1,747,845Expenses 2020: $10,206,048Net Income 2020: -$8,458,2032020Revenue 2021: $5,566,840Expenses 2021: $8,215,379Net Income 2021: -$2,648,5392021Revenue 2022: $5,021,275Expenses 2022: $5,353,070Net Income 2022: -$331,7952022Revenue 2023: $1,418,152Expenses 2023: $12,639,570Net Income 2023: -$11,221,4182023Revenue 2024: $4,297,390Expenses 2024: $13,459,572Net Income 2024: -$9,162,1822024

Highlighted filing

2024

Revenue$4,297,390
Expenses$13,459,572
Net Income-$9,162,182
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$89,908,086
Liabilities
$4,644,037
Net assets
$85,264,049
Revenue
$4,297,390
Expenses
$13,459,572
Net income
-$9,162,182
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$89.9$4.64$85.3$4.30$13.5$9.16
2023Detailed filing. Detailed filing data is available for this year.$91.9$0.01$91.9$1.42$12.6$11.2
2022Detailed filing. Detailed filing data is available for this year.$93.4$0.01$93.4$5.02$5.35$0.33
2021Detailed filing. Detailed filing data is available for this year.$107$0.02$107$5.57$8.22$2.65
2020Detailed filing. Detailed filing data is available for this year.$92.8$0.02$92.8$1.75$10.2$8.46
2019Detailed filing. Detailed filing data is available for this year.$101$0.02$101$2.94$4.98$2.05
2018Detailed filing. Detailed filing data is available for this year.$99.9$0.02$99.9$8.29$8.12$0.17
2017Detailed filing. Detailed filing data is available for this year.$95.8$0.03$95.8$3.64$9.37$5.72
2016Detailed filing. Detailed filing data is available for this year.$91.6$0.03$91.6$1.72$5.05$3.34
2015Detailed filing. Detailed filing data is available for this year.$99.4$0.02$99.3$8.11$4.70$3.40
2014Detailed filing. Detailed filing data is available for this year.$96.8$0.03$96.8$9.15$4.48$4.67
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$87.9$0.03$87.9$1.82$4.01$2.19
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$80.9$0.03$80.9$3.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$83.1$0.03$83.1$3.32
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.7$0.03$73.7$3.28
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Apr 28, 2025
Return Version
2023v6.0
Gross Receipts
$31,063,790
Mission and Program Overview

Mission

The bam endowment trust operates exclusively for the benefit of the brooklyn academy of music, inc.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$70,303,389$65,730,516▼ $4,572,873
Investments Other Securities$17,321,723$19,940,423▲ $2,618,700
Pledges and Grants Receivable$1,196,961$1,249,210▲ $52,249
Savings and Temporary Cash Investments$1,135,440$1,082,937▼ $52,503
Total Assets$91,883,280$89,908,086▼ $1,975,194
Other Assets Total$1,925,767$1,905,000▼ $20,767
Liabilities
Other Liabilities$10,665$4,644,037▲ $4,633,372
Total Liabilities$10,665$4,644,037▲ $4,633,372
Net Assets / Fund Balance
Net Assets With Donor Restrictions$88,436,342$81,812,200▼ $6,624,142
Net Assets Without Donor Restrictions$3,436,273$3,451,849▲ $15,576
Total Net Assets Fund Balance$91,872,615$85,264,049▼ $6,608,566
Total Liabilities and Net Assets / Fund Balance$91,883,280$89,908,086▼ $1,975,194

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$19,940,423--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$91,872,615$430▲ $11,184,337$4,636,572$85,264,049
2022$93,433,236$-292,974▲ $11,055,652-$91,872,615
2021$106,944,016$47,048▼ $8,653,727-$93,433,236
2020$92,780,429$21,467▲ $22,119,816-$106,944,016
2019$101,160,417$72,000▲ $1,450,320-$92,780,429
Compensation and Service Providers
Top Officer Pay51st percentile

Board Members and Trustees

NameTitle
Gabriel PizziChair
Alan H FishmanTrustee
Alberto SanchezTrustee
Elizabeth HoltzmanTrustee
James MclarenTrustee
Marcel PrzymusinskiTrustee
R Edward SpilkaTrustee
Scott McdonaldTrustee
Steven G FelsherTrustee
Timothy SebunyaTrustee
Jennifer AngladeTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Brooklyn Academy Of MusicManagement Fees30 LAFAYETTE AVENUE, Brooklyn, NY 11217$250,000
Revenue and Support

Revenue Composition

Contributions and Grants
$430
Program Service Revenue
$0
Investment Income
$4,296,960
Other Revenue
$0
All Other Contributions
$430
Change in Net Assets
$-9,162,182

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,994,579
Revenue Not Reported on Financial Statements
$302,811
Revenue Not Reported on Form 990
$7,190,188
Total Revenue per Audited Statements
$11,184,767
Total Revenue per Form 990
$4,297,390
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$12,861,068
Other Expenses$598,504
Total Fundraising Expense$125,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$12,861,068--$12,861,068
Fees for Service Investment Mgmnt Fees-$302,811-$302,811
Fees for Services Management-$125,000$125,000$250,000
Fees for Services Accounting-$30,050-$30,050
Office Expenses-$8,214-$8,214
Insurance-$7,429-$7,429
Total Functional Expenses$12,861,068$473,504$125,000$13,459,572

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$13,459,572
Expenses per Audited Statements$13,156,761
Total Expenses per Audited Statements$13,156,761
Expenses Not Reported on Financial Statements$302,811
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
The Brooklyn Academy of Music IncBrooklyn, NY501(c)(3)Operating Activities$12,861,068

International Summary

Offices
0
Employees
0
Spending
$19,940,423

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeInvestments-00$11,046,450
Central America and the CarribeanInvestments-00$8,893,973
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Brooklyn Academy of Music, Inc$4,638,072
Pooled Income Fund$5,965
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Timothy sebunya and alan fishman had a business relationship during the year.”

Form 990, Part VI, Section B, Line 11B

“Draft versions of the tax returns are presented to the full board for review and comment in advance of the filing deadline. After any necessary revisions, the tax returns are filed with the appropriate authorities.”

Form 990, Part VI, Section B, Line 12C

“All members of the board of trustees are required to review and sign bet's conflict of interest policy on a regular basis. When a bidding situation with a potential conflict arises, proposals from multiple sources are requested. Bet audit committee evaluates each conflict or potential conflict to ensure that each bid meets the criteria set forth in bet's conflict of interest policy.”

Form 990, Part VI, Section C, Line 19

“Through the website of its related organization (www.bam.org), bet makes available its conflict of interest policy and its tax forms available.”

Filing and Contact Details

Filer

Filer Name
Bam Endowment Trust
EIN
11-3112268
Phone
7186364110
Address
30 LAFAYETTE AVENUE, BROOKLYN, NY 11217

Signing Officer

Name
Jennifer Anglade
Title
Treasurer
Phone
7186364110
Signed
2025-04-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Anglade
Formed
1992
Legal Domicile
Ny
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
Cbiz Advisors LLC
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Change in pooled income fund 3,175. Change in discount to present value 57,249. Transfer of net assets -4,636,572.”

FORM 990, PART XII LINE 2C:

“The process of overseeing of the audit and selection of an independent accountant has not changed from the prior year.”

Financial Statement Notes

PART V, LINE 4:

“Bet receives funds for the establishment of certain endowments for its benefit. These endowments have been designated by the donors as endowments to be kept in perpetuity with net appreciation designated to specific purposes or the general operations of bam.”

PART X, LINE 2:

“Bet believes it has no uncertain tax positions as of june 30, 2024 and 2023 in accordance with accounting standards codification ("asc") topic 740, income taxes which provides standards for establishing and classifying any tax provision for uncertain tax positions.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Change in pooled income fund 3,175. Change in discount to present value 57,249.”

Raw XML AppendixShowing 400 of 558 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/ActivitiesConductedPrtshpInd00
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IRS990/AllOtherContributionsAmt0430
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JENNIFER ANGLADE TREASURER
IRS990/BooksInCareOfDetail/PhoneNum07187248244
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt030 LAFAYETTE AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
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IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0250000
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IRS990/ContractorCompensationGrp/ServicesDesc0MANAGEMENT FEES
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
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IRS990/Desc0THE DISTRIBUTION TO BROOKLYN ACADEMY OF MUSIC (BAM) ENABLES THIS 150-YEAR-OLD MULTI-ARTS ORGANIZATION TO CONTINUE TO BE THE HOME FOR CURIOUS PEOPLE AND ADVENTUROUS IDEAS. BAM SUPPORTS ARTISTIC EXPERIMENTATION AND CHAMPIONS INCLUSION AND ACCESSIBILITY THROUGHOUT THE ARTS AS PRESENTER, ACTIVATOR, AND CONNECTOR. THE DISTRIBUTION PROVIDES CRUCIAL SUPPORT, WHICH MAKES POSSIBLE ALL OF BAM'S WORLD-RENOWNED PROGRAMMING IN THEATER, DANCE, MUSIC, OPERA, FILM AND MUCH MORE. IT ENABLES BAM TO SHOWCASE THE WORK OF EMERGING ARTISTS AND INNOVATIVE MODERN ARTISTS.
IRS990/DescribedInSection501c3Ind01
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IRS990/Form990PartVIISectionAGrp/PersonNm4JAMES MCLAREN
IRS990/Form990PartVIISectionAGrp/PersonNm5MARCEL PRZYMUSINSKI
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IRS990/Form990PartVIISectionAGrp/PersonNm8STEVEN G FELSHER
IRS990/Form990PartVIISectionAGrp/PersonNm9TIMOTHY SEBUNYA
IRS990/Form990PartVIISectionAGrp/PersonNm10JENNIFER ANGLADE
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10318743
IRS990/Form990PartVIISectionAGrp/TitleTxt0TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt02673072
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt010
IRS990/GrantAmt012861068
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt012861068
IRS990/GrantsToDomesticOrgsGrp/TotalAmt012861068
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt029439472
IRS990/GrossReceiptsAmt031063790
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt010
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt07429
IRS990/InsuranceGrp/TotalAmt07429
IRS990/InvestmentIncomeGrp/ExclusionAmt01623888
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01623888
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt017321723
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt019940423
IRS990/InvestmentsPubTradedSecGrp/BOYAmt070303389
IRS990/InvestmentsPubTradedSecGrp/EOYAmt065730516
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt026766400
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE BAM ENDOWMENT TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE BROOKLYN ACADEMY OF MUSIC, INC.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt091872615
IRS990/NetAssetsOrFundBalancesEOYAmt085264049
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt02673072
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt02673072
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt07129764
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt03436273
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03451849
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt08214
IRS990/OfficeExpensesGrp/TotalAmt08214
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt01925767
IRS990/OtherAssetsTotalGrp/EOYAmt01905000
IRS990/OtherChangesInNetAssetsAmt0-4576148
IRS990/OtherLiabilitiesGrp/BOYAmt010665
IRS990/OtherLiabilitiesGrp/EOYAmt04644037
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01196961
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01249210
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JENNIFER ANGLADE
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt015065
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt011829684
IRS990/PYInvestmentIncomeAmt01402612
IRS990/PYOtherExpensesAmt0809886
IRS990/PYOtherRevenueAmt0475
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-11221418
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt012639570
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01418152
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-9162182
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01135440
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01082937
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE BAM ENDOWMENT TRUST SERVES AS BAM'S INVESTMENT ADVISORY ORGANIZATION. IF THERE WERE NOT A SEPARATE 501(C)(3) ORGANIZATION SERVING THIS PURPOSE, BAM WOULD NEED TO PROVIDE THESE SERVICES ITSELF.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE ANNUAL DRAW PROVIDED BY THE BAM ENDOWMENT TRUST TO BAM ENABLED BAM TO PROVIDE FURTHER MISSION-RELATED PROGRAMMING THAT IT WOULD OTHERWISE NOT HAVE BEEN ABLE TO PROVIDE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 2A:
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION E, LINE 2B:
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0112201344
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt012861068
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BROOKLYN ACADEMY OF MUSIC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt012861068
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.04048
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0295693
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt091872615
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0430
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt085264049
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt012861068
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt011184337
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt04636572
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0493615
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt093433236
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0-292974
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt091872615
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt011829684
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt011055652
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0292178
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0106944016
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt047048
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt093433236
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt04613204
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-8653727
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0290492
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt092780429
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt021467
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0106944016
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt07687204
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt022119816
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0303213
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0101160417
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt072000
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt092780429
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt09599095
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01450320
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0302811
IRS990ScheduleD/ExpensesSubtotalAmt013156761
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0302811
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0302811
IRS990ScheduleD/NetUnrealizedGainsInvstAmt07129764
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt04638072
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt15965
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO BROOKLYN ACADEMY OF MUSIC, INC
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1POOLED INCOME FUND
IRS990ScheduleD/OtherRevenueAmt060424
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt019940423
IRS990ScheduleD/OtherSecuritiesGrp/Desc0HEDGE FUNDS AND LIMITED PARTNERSHIPS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.92187
IRS990ScheduleD/RevenueNotReportedAmt07190188
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0302811
IRS990ScheduleD/RevenueSubtotalAmt03994579
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0BET RECEIVES FUNDS FOR THE ESTABLISHMENT OF CERTAIN ENDOWMENTS FOR ITS BENEFIT. THESE ENDOWMENTS HAVE BEEN DESIGNATED BY THE DONORS AS ENDOWMENTS TO BE KEPT IN PERPETUITY WITH NET APPRECIATION DESIGNATED TO SPECIFIC PURPOSES OR THE GENERAL OPERATIONS OF BAM.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1BET BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2024 AND 2023 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, INCOME TAXES WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISION FOR UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2CHANGE IN POOLED INCOME FUND 3,175. CHANGE IN DISCOUNT TO PRESENT VALUE 57,249.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.03765
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt019940423
IRS990ScheduleD/TotalExpensesPerForm990Amt013459572
IRS990ScheduleD/TotalLiabilityAmt04644037
IRS990ScheduleD/TotalRevenuePerForm990Amt04297390
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt011184767
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt013156761
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt08893973
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt111046450
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0CENTRAL AMERICA AND THE CARRIBEAN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1EUROPE
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0INVESTMENTS
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1INVESTMENTS
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt00
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt019940423
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt019940423
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt012861068
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATING ACTIVITIES
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0THE BROOKLYN ACADEMY OF MUSIC INC
IRS990ScheduleI/RecipientTable/RecipientEIN0112201344
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt030 LAFAYETTE AVENUE

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