Civic Intelligence

Bam Endowment Trust

990 • Fiscal year 2022 • EIN 11-3112268

Jul 01, 2021 to Jun 30, 2022 • Filed on May 11, 2023

30 Lafayette AvenueBrooklyn, NY 11217

(718) 636-4110

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

3rd percentile

0.00x

Higher debt load relative to assets than 3% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Liabilities / Revenue

4th percentile

0.00x

Higher debt load relative to revenue than 4% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Net Margin

18th percentile

-6.6%

Higher net margin than 18% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Top Officer Pay

54th percentile

$372,844

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 7.4% of source-year revenue.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2022

Asset Growth

15th percentile

-13%

Faster asset growth than 15% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Revenue Growth

25th percentile

-9.8%

Faster revenue growth than 25% of similar nonprofits.

2022 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2021 to 2022

Assets

Down

$93,445,467

Down $13,513,648 (-13%) from 2021

Net Assets

Down

$93,433,236

Down $13,510,780 (-13%) from 2021

Liabilities

Down

$12,231

Down $2,868 (-19%) from 2021

Revenue

Down

$5,021,275

Down $545,565 (-9.8%) from 2021

Expenses

Down

$5,353,070

Down $2,862,309 (-35%) from 2021

Net Income

Up

-$331,795

Up $2,316,744 (+87%) from 2021

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$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

2022

Assets$93,445,467
Liabilities$12,231
Net Assets$93,433,236

Operations Trend

Revenue, expenses, and net income across loaded years, with this 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

2022

Revenue$5,021,275
Expenses$5,353,070
Net Income-$331,795
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
May 11, 2023
Return Version
2021v4.2
Gross Receipts
$24,574,145
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$90,779,245$75,034,987▼ $15,744,258
Investments Other Securities$8,973,913$13,568,306▲ $4,594,393
Savings and Temporary Cash Investments$5,505,005$3,132,174▼ $2,372,831
Pledges and Grants Receivable$1,700,952$1,710,000▲ $9,048
Total Assets$106,959,115$93,445,467▼ $13,513,648
Liabilities
Other Liabilities$15,099$12,231▼ $2,868
Total Liabilities$15,099$12,231▼ $2,868
Net Assets / Fund Balance
Net Assets With Donor Restrictions$85,983,500$89,997,438▲ $4,013,938
Net Assets Without Donor Restrictions$20,960,516$3,435,798▼ $17,524,718
Total Net Assets Fund Balance$106,944,016$93,433,236▼ $13,510,780
Total Liabilities and Net Assets / Fund Balance$106,959,115$93,445,467▼ $13,513,648

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$13,568,306--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
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
2018$99,853,636$50,639▲ $5,946,383-$101,160,417
2017$95,779,598$2,851,674▲ $9,345,991-$99,853,636
Compensation and Service Providers

Board Members and Trustees

Highest Paid Contractors

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

Revenue Composition

Contributions and Grants
$47,048
Program Service Revenue
$0
Investment Income
$4,972,946
Other Revenue
$1,281
All Other Contributions
$47,048
Change in Net Assets
$-331,795

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,573,587
Revenue Not Reported on Financial Statements
$447,688
Revenue Not Reported on Form 990
$-13,178,985
Total Revenue per Audited Statements
$-8,605,398
Total Revenue per Form 990
$5,021,275
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$4,613,204
Other Expenses$739,866
Total Fundraising Expense$125,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$4,613,204--$4,613,204
Fees for Service Investment Mgmnt Fees-$447,688-$447,688
Fees for Services Management-$125,000$125,000$250,000
Fees for Services Accounting-$27,180-$27,180
Office Expenses-$7,759-$7,759
Insurance-$7,219-$7,219
Travel-$20-$20
Total Functional Expenses$4,613,204$614,866$125,000$5,353,070

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,353,070
Expenses per Audited Statements$4,905,382
Total Expenses per Audited Statements$4,905,382
Expenses Not Reported on Financial Statements$447,688
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$4,613,204

International Summary

Offices
0
Employees
0
Spending
$13,568,150

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$7,743,264
Central America and the CarribeanInvestments-00$5,824,886
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
Pooled Income Fund$12,158
Due to Brooklyn Academy of Music, Inc$73
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.

FORM 990, PART VII:

Jennifer anglade's compensation was paid by brooklyn academy of music, inc., a related party to the organization. Jennifer worked 40 hours a week as co-interim president and cfo for brooklyn academy of music, and 5 hours a week as treasurer for bam endowment trust.

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
2023-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gina Duncan
Formed
1992
Legal Domicile
Ny
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Cbiz Marks Paneth 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 2,868.

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, 2022 and 2021 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 2,868.

Raw XML AppendixShowing 400 of 567 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.

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IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0106944016
IRS990/NetAssetsOrFundBalancesEOYAmt093433236
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt01365943
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt01365943
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-13181853
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt020960516
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt03435798
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt07759
IRS990/OfficeExpensesGrp/TotalAmt07759
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt02868
IRS990/OtherLiabilitiesGrp/BOYAmt015099
IRS990/OtherLiabilitiesGrp/EOYAmt012231
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt01281
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01281
IRS990/OtherRevenueTotalAmt01281
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt01700952
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt01710000
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0GINA DUNCAN
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt021467
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt07687204
IRS990/PYInvestmentIncomeAmt05545373
IRS990/PYOtherExpensesAmt0528175
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-2648539
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt08215379
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05566840
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-331795
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05505005
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03132174
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/SupportAmt04613204
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0BROOKLYN ACADEMY OF MUSIC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt04613204
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.03677
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt0292178
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0106944016
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt047048
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt093433236
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt04613204
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-8653727
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0290492
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt092780429
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt021467
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0106944016
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt07687204
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt022119816
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt0303213
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0101160417
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt072000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt092780429
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt09599095
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01450320
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt0240428
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt099853636
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt050639
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0101160417
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/GrantsOrScholarshipsAmt04449813
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt05946383
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt0644631
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt095779598
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt02851674
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt099853636
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/GrantsOrScholarshipsAmt07478996
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt09345991
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt0447688
IRS990ScheduleD/ExpensesSubtotalAmt04905382
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt0447688
IRS990ScheduleD/InvestmentExpensesNotIncldAmt0447688
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-13181853
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt012158
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt173
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0POOLED INCOME FUND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO BROOKLYN ACADEMY OF MUSIC, INC
IRS990ScheduleD/OtherRevenueAmt02868
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt013568306
IRS990ScheduleD/OtherSecuritiesGrp/Desc0HEDGE FUNDS AND LIMITED PARTNERSHIPS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.89794
IRS990ScheduleD/RevenueNotReportedAmt0-13178985
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0447688
IRS990ScheduleD/RevenueSubtotalAmt04573587
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, 2022 AND 2021 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 2,868.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.06529
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt013568306
IRS990ScheduleD/TotalExpensesPerForm990Amt05353070
IRS990ScheduleD/TotalLiabilityAmt012231
IRS990ScheduleD/TotalRevenuePerForm990Amt05021275
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0-8605398
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04905382
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt05824886
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt17743264
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/SubtotalSpentAmt013568150
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III ACCOUNTING METHOD:
IRS990ScheduleF/TotalEmployeeCnt00
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt013568150
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt04613204
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0OPERATING ACTIVITIES

Document Assets

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Filings

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