Civic Intelligence

Bmi Foundation Inc

EIN 13-3249311 • 501(c)3 • New York, NY

Profile

Bmi foundation, inc. Issues grants after consideration by an advisory panel to organzations and individuals requesting assistance for music-related activities.

7 Wtc 250 Greenwich StreetNew York, NY 10007

bmifoundation.org

Siviq Scores

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

Liabilities / Assets

38th percentile

0.02x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

55th percentile

0.11x

Higher debt load relative to revenue than 55% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

83rd percentile

34%

Higher net margin than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

64th percentile

9.7%

Faster asset growth than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

95th percentile

162%

Faster revenue growth than 95% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets38th percentile

Assets

Up

$3,072,593

Up $272,569 (+9.7%) from 2023

Liabilities

Down

$66,656

Down $15,030 (-18%) from 2023

Net Assets

Up

$3,005,937

Up $287,599 (+11%) from 2023

Operations
Liabilities / Revenue55th percentileNet Margin83rd percentile

Revenue

Up

$607,301

Up $375,610 (+162%) from 2023

Expenses

Up

$401,199

Up $206 (+0.1%) from 2023

Net Income

Up

$206,102

Up $375,404 (+222%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth64th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $2,401,413Liabilities 2011: $0Net Assets 2011: $2,401,4132011Assets 2012: $2,378,583Liabilities 2012: $0Net Assets 2012: $2,378,5832012Assets 2013: $2,499,516Liabilities 2013: $0Net Assets 2013: $2,499,5162013Assets 2014: $2,705,185Liabilities 2014: $0Net Assets 2014: $2,705,1852014Assets 2015: $2,724,057Liabilities 2015: $3,000Net Assets 2015: $2,721,0572015Assets 2016: $2,747,019Liabilities 2016: $0Net Assets 2016: $2,747,0192016Assets 2017: $2,747,725Liabilities 2017: $0Net Assets 2017: $2,747,7252017Assets 2018: $2,706,389Liabilities 2018: $10,000Net Assets 2018: $2,696,3892018Assets 2019: $2,707,041Liabilities 2019: $0Net Assets 2019: $2,707,0412019Assets 2020: $3,125,484Liabilities 2020: $89,093Net Assets 2020: $3,036,3912020Assets 2021: $3,242,347Liabilities 2021: $104,250Net Assets 2021: $3,138,0972021Assets 2022: $2,672,117Liabilities 2022: $93,413Net Assets 2022: $2,578,7042022Assets 2023: $2,800,024Liabilities 2023: $81,686Net Assets 2023: $2,718,3382023Assets 2024: $3,072,593Liabilities 2024: $66,656Net Assets 2024: $3,005,9372024

Highlighted filing

2024

Assets$3,072,593
Liabilities$66,656
Net Assets$3,005,937
Open 2024 Filing

Operations Trend

Revenue Growth95th percentile

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

$1.0M$500K$0-$500KRevenue 2011: $359,460Expenses 2011: $231,385Net Income 2011: $128,0752011Expenses 2012: $210,3592012Revenue 2013: $356,247Expenses 2013: $235,315Net Income 2013: $120,9322013Revenue 2014: $459,021Expenses 2014: $253,352Net Income 2014: $205,6692014Revenue 2015: $281,116Expenses 2015: $222,395Net Income 2015: $58,7212015Revenue 2016: $207,162Expenses 2016: $237,784Net Income 2016: -$30,6222016Revenue 2017: $354,268Expenses 2017: $320,302Net Income 2017: $33,9662017Revenue 2018: $668,273Expenses 2018: $335,957Net Income 2018: $332,3162018Revenue 2019: $338,717Expenses 2019: $328,065Net Income 2019: $10,6522019Revenue 2020: $325,719Expenses 2020: $343,838Net Income 2020: -$18,1192020Revenue 2021: $326,418Expenses 2021: $412,909Net Income 2021: -$86,4912021Revenue 2022: $392,464Expenses 2022: $394,852Net Income 2022: -$2,3882022Revenue 2023: $231,691Expenses 2023: $400,993Net Income 2023: -$169,3022023Revenue 2024: $607,301Expenses 2024: $401,199Net Income 2024: $206,1022024

Highlighted filing

2024

Revenue$607,301
Expenses$401,199
Net Income$206,102
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$3,072,593
Liabilities
$66,656
Net assets
$3,005,937
Revenue
$607,301
Expenses
$401,199
Net income
$206,102
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.07$0.07$3.01$0.61$0.40$0.21
2023Detailed filing. Detailed filing data is available for this year.$2.80$0.08$2.72$0.23$0.40$0.17
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.67$0.09$2.58$0.39$0.39$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.24$0.10$3.14$0.33$0.41$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.13$0.09$3.04$0.33$0.34$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.71$0.00$2.71$0.34$0.33$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.71$0.01$2.70$0.67$0.34$0.33
2017Detailed filing. Detailed filing data is available for this year.$2.75$0.00$2.75$0.35$0.32$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.75$0.00$2.75$0.21$0.24$0.03
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.72$0.00$2.72$0.28$0.22$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.71$0.00$2.71$0.46$0.25$0.21
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.50$0.00$2.50$0.36$0.24$0.12
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.00$2.38$0.21
2011Summary only. Only limited summary data is available for this year.$2.40$0.00$2.40$0.36$0.23$0.13
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Dec 2, 2025
Return Version
2024v5.2
Gross Receipts
$643,445
Mission and Program Overview

Mission

Bmi foundation, inc. Issues grants after consideration by an advisory panel to organzations and individuals requesting assistance for music-related activities.

The foundation issues grants to individuals and organizations in music fields.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,757,522$3,006,402▲ $248,880
Cash and Non-Interest-Bearing Accounts$42,502$66,191▲ $23,689
Total Assets$2,800,024$3,072,593▲ $272,569
Liabilities
Grants Payable$81,686$66,656▼ $15,030
Total Liabilities$81,686$66,656▼ $15,030
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,119,351$2,138,426▲ $19,075
Net Assets Without Donor Restrictions$598,987$867,511▲ $268,524
Total Net Assets Fund Balance$2,718,338$3,005,937▲ $287,599
Total Liabilities and Net Assets / Fund Balance$2,800,024$3,072,593▲ $272,569
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Deirdre ChadwickPresident
Samantha CoxVice President
Corey FieldTrustee
Luciana SouzaTrustee
Pamela WilliamsTrustee
William WellsTrustee
Clay BradleySecretary
Dan ColemanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$401,866
Program Service Revenue
$0
Investment Income
$202,384
Other Revenue
$3,051
All Other Contributions
$401,866
Change in Net Assets
$206,102

Audited Revenue Reconciliation

Revenue per Audited Statements
$607,301
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$81,497
Total Revenue per Audited Statements
$688,798
Total Revenue per Form 990
$607,301
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$253,085
Salaries, Compensation, and Employee Benefits$97,964
Other Expenses$50,150
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$143,000--$143,000
Grants to Domestic Orgs$110,085--$110,085
Other Salaries and Wages-$91,141-$91,141
Fees for Services Accounting-$22,891-$22,891
Office Expenses-$7,539-$7,539
Fees for Services Other$7,386--$7,386
Payroll Taxes-$6,823-$6,823
Conferences and Meetings$1,028$4,086-$5,114
Travel$2,170$2,877-$5,047
Insurance-$1,632-$1,632
Advertising$40$501-$541
Total Functional Expenses$263,709$137,490$0$401,199

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$401,199
Total Expenses per Audited Statements$401,199
Total Expenses per Form 990$401,199
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Composers OrchestraNew York, NY-To Support the Publication of an Orchestral Work in the Aco Earshot Readings$16,000
Cabrillo FestivalSanta Cruz, CA-To Further the Creation, Performance and Study of Contemporary Music.$6,000
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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 B, Line 11B

“The board president and treasurer review the form 990 before filing with the internal revenue service.”

Form 990, Part VI, Section C, Line 19

“All documents, financial statements and tax returns are available upon request.”

Filing and Contact Details

Filer

Filer Name
Bmi Foundation Inc
EIN
13-3249311
Phone
2122203175
Address
7 WTC 250 GREENWICH STREET, NEW YORK, NY 10007

Signing Officer

Name
Deirdre Chadwick
Title
President
Phone
2122203175
Signed
2025-12-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deirdre Chadwick
Formed
1985
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
8
Employees
1
Volunteers
5

Preparer

Firm
Lbmc Pc
Address
PO BOX 1869, BRENTWOOD, TN 37024-1869
Preparer
Abigail Campbell
Phone
6153774600
Supplemental Narrative

Additional Explanations

FORM 990, PAGE 1, PART B:

“The 990 is being amended to reflect that the organization meets the 10% facts and circumstances test for purposes of schedule a, part ii, section c, line 17a.”

Financial Statement Notes

PART X, LINE 2:

“The foundation is an exempt organization from federal income taxes under the provisions of internal revenue code section 501(c)(3) and, accordingly, no provision for federal income taxes is included in the financial statements. The foundation recognizes the tax benefit associated with a tax position taken for tax return purposes when it is more likely than not the position will be sustained. The foundation does not believe there are any material uncertain tax positions that qualify for either recognition or disclosure in the financial statements. It is the foundation's policy to recognize interest and/or penalties related to income tax matters in income tax expense. As of december 31, 2024 and 2023, the foundation has accrued no interest and no penalties related to uncertain tax positions.”

Raw XML AppendixShowing 400 of 413 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07 WTC 250 GREENWICH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990/CompensationProcessOtherInd00
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IRS990/DescribedInSection501c3Ind01
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IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02138426
IRS990/DonorRstrOrQuasiEndowmentsInd00
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IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd00
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IRS990/ExpenseAmt0263709
IRS990/FamilyOrBusinessRlnInd00
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IRS990/Form990PartVIISectionAGrp/PersonNm0DEIRDRE CHADWICK
IRS990/Form990PartVIISectionAGrp/PersonNm1SAMANTHA COX
IRS990/Form990PartVIISectionAGrp/PersonNm2DAN COLEMAN
IRS990/Form990PartVIISectionAGrp/PersonNm3CLAY BRADLEY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
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IRS990/MissionDesc0BMI FOUNDATION, INC. ISSUES GRANTS AFTER CONSIDERATION BY AN ADVISORY PANEL TO ORGANIZATIONS AND INDIVIDUALS REQUESTING ASSISTANCE FOR MUSIC-RELATED ACTIVITIES.
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IRS990/PYExcessBenefitTransInd00
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IRS990/PYOtherRevenueAmt00
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IRS990/PYTotalExpensesAmt0400993
IRS990/PYTotalProfFndrsngExpnsAmt00
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IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
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IRS990/RegularMonitoringEnfrcInd00
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
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IRS990ScheduleA/FactsAndCircumstancesTestTxt0THE ORGANIZATION MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR THE SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND OTHER PUBLIC CHARITIES BY ACTIVELY ENGAGING IN FUNDRAISING ACTIVITIES AND CONTINUING TO RECEIVE DONATIONS AND GRANTS CONSISTENTLY FROM GENERAL PUBLIC.MOREOVER, THE COMPOSITION OF THE ORGANIZATION'S BOARD OF DIRECTORS REPRESENTS THE BROAD INTERESTS OF THE PUBLIC, RATHER THAN THE PERSONAL OR PRIVATE INTERESTS OF A LIMITED NUMBER OF DONORS. WITH A WELL-QUALIFIED BOARD WITH DIVERSE BACKGROUNDS, SKILL SETS, AND PERSPECTIVES, THE ORGANIZATION BELIEVES THAT THEY WILL BE ABLE TO SATISFY THE 33.3 PERCENT PUBLIC SUPPORT TEST IN THE NEXT FEW YEARS.
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0401866
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0158481
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0338285
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0263272
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01349598
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0203528
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt070856
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0108009
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt077658
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt062447
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0522498
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt03051
IRS990ScheduleA/OtherIncome170Grp/TotalAmt03051
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.32540
IRS990ScheduleA/PublicSupportPY170Pct00.30260
IRS990ScheduleA/PublicSupportTotal170Amt0610108
IRS990ScheduleA/SubstantialContributorsTotAmt0739490
IRS990ScheduleA/TenPctFactsCrcmstncsTestCYInd0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0401866
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0158481
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0338285
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0187694
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0263272
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01349598
IRS990ScheduleA/TotalSupportAmt01875147
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
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IRS990ScheduleD/RevenueNotReportedAmt081497
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0607301
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION IS AN EXEMPT ORGANIZATION FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3) AND, ACCORDINGLY, NO PROVISION FOR FEDERAL INCOME TAXES IS INCLUDED IN THE FINANCIAL STATEMENTS. THE FOUNDATION RECOGNIZES THE TAX BENEFIT ASSOCIATED WITH A TAX POSITION TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED. THE FOUNDATION DOES NOT BELIEVE THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. IT IS THE FOUNDATION'S POLICY TO RECOGNIZE INTEREST AND/OR PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. AS OF DECEMBER 31, 2024 AND 2023, THE FOUNDATION HAS ACCRUED NO INTEREST AND NO PENALTIES RELATED TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleD/TotalExpensesPerForm990Amt0401199
IRS990ScheduleD/TotalRevenuePerForm990Amt0607301
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0688798
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0401199
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0126000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EXPENSES AND SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt017000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceDesc0EXPENSES AND SCHOLARSHIPS TO FURTHER MUSIC CAREERS AND EDUCATION
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0FMV
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IRS990ScheduleI/RecipientTable/CashGrantAmt16000
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0TO SUPPORT THE PUBLICATION OF AN ORCHESTRAL WORK IN THE ACO EARSHOT READINGS
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1TO FURTHER THE CREATION, PERFORMANCE AND STUDY OF CONTEMPORARY MUSIC.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0AMERICAN COMPOSERS ORCHESTRA
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1CABRILLO FESTIVAL
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IRS990ScheduleI/RecipientTable/RecipientEIN1946123298
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0224 W 35TH ST STE 500
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1147 SOUTH RIVER ST SUITE 232
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEW YORK
IRS990ScheduleI/RecipientTable/USAddress/CityNm1SANTA CRUZ
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010001
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd195060
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0BMI FOUNDATION AWARDS ANNUAL GRANTS TO 501(C)3 NON-PROFIT ORGANIZATIONS WITH THE MISSION TO FURTHER THE CREATION, PERFORMANCE AND STUDY OF CONTEMPORARY MUSIC. ALL PROVIDED FUNDING IS UNRESTRICTED, AND GIVEN DIRECTLY TO ORGANIZATIONS. PROGRAM-SPECIFIC FUNDING IS NOT PROVIDED; IN ORDER TO QUALIFY FOR FUNDING, ORGANIZATIONS MUST MEET ALL THE BELOW REQUIREMENTS. GRANTS TO INDIVIDUALS ARE AWARDED BASED ON AN APPLICATION PROCESS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
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IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS BEING AMENDED TO REFLECT THAT THE ORGANIZATION MEETS THE 10% FACTS AND CIRCUMSTANCES TEST FOR PURPOSES OF SCHEDULE A, PART II, SECTION C, LINE 17A.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD PRESIDENT AND TREASURER REVIEW THE FORM 990 BEFORE FILING WITH THE INTERNAL REVENUE SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTS, FINANCIAL STATEMENTS AND TAX RETURNS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
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IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalCompGreaterThan150KInd00
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IRS990/TotalEmployeeCnt01
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0137490
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0263709
IRS990/TotalFunctionalExpensesGrp/TotalAmt0401199
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt081686
IRS990/TotalLiabilitiesEOYAmt066656
IRS990/TotalLiabilitiesGrp/BOYAmt081686
IRS990/TotalLiabilitiesGrp/EOYAmt066656
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02718338
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IRS990/TotalOtherCompensationAmt00
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IRS990/TotalReportableCompFromOrgAmt00
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IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0607301
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt05
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IRS990/TravelGrp/ManagementAndGeneralAmt02877
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IRS990/UnrelatedBusIncmOverLimitInd00
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IRS990/WebsiteAddressTxt0BMIFOUNDATION.ORG
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DEIRDRE CHADWICK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02122203175
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-12-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BMI FOUNDATION INC
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ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0621199757

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