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Arts, Culture, Humanities : Performing Arts

New Music USA

Committed to the vitality of the new music community

three stars

85.39

90 Broad Street 19th Floor
New York, NY 10004
tel: (212) 645-6949   Web Site
EIN: 13-0432981

Board Leadership
Frederick Peters
Chair

CEO
Vanessa Reed
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 85.39 three stars
  Financial 85.80 three stars
  Accountability & Transparency 85.00 three stars
This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.

New Music USA supports and promotes new music created in the United States. We use the power of virtual networks and people to foster connection, deepen knowledge, encourage appreciation, and provide financial support for a diverse constituency of practitioners and appreciators, both within the United States and beyond. Nationally and internationally, New Music USA plays a crucial role through its engagement with Performing Arts Alliance, the International Association of Music Information Centers, the International Society for Contemporary Music and more. Those partnerships help us represent the interests of our constituents amongst organizations we can learn from and collaborate with from across the US and beyond.

New Music USA supports and promotes new music created in the United States. We use the power of virtual networks and people to foster connection, deepen knowledge, encourage appreciation, and provide financial support for a diverse constituency of practitioners and appreciators, both within the United States and beyond. Nationally and internationally, New Music USA plays a crucial role through its engagement with Performing Arts Alliance, the International Association of Music Information Centers, the International Society for Contemporary Music and more. Those partnerships help us represent the interests of our constituents amongst organizations we can learn from and collaborate with from across the US and beyond.

Impact Information

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Financial

three stars

85.80

Accountability & Transparency

three stars

85.00

This rating was published 02/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
79.3%
  Administrative Expenses 6.2%
  Fundraising Expenses 14.4%
  Fundraising Efficiency $0.23
  Working Capital Ratio (years) 0.97
  Program Expenses Growth 4.4%
  Liabilities to Assets 2.9%
All data for Financial Performance Metrics calculations was provided by New Music USA on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by New Music USA on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
New Music USA (NY) 85.39 three stars
PEN American Center (NY) 94.26 four stars
Headlands Center for the Arts (CA) 92.11 four stars
Downtown Community Television Center (NY) 91.45 four stars
Frameline (CA) 87.13 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $830,745
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $328,643
Total Contributions $1,159,388
   Program Service Revenue $0
Total Primary Revenue $1,159,388
   Other Revenue $1,701,622
TOTAL REVENUE $2,861,010
   
EXPENSES  
   Program Expenses $2,250,320
   Administrative Expenses $151,916
   Fundraising Expenses $367,512
TOTAL FUNCTIONAL EXPENSES $2,769,748
   
Payments to Affiliates $0
Excess (or Deficit) for the year $91,262
   
Net Assets $18,066,608

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Grantmaking Program $1,826,721 81.2%
Communication Connectivity $423,599 18.8%

Ratings History

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-06 02/01/2020 85.39 three stars
2017-06 08/01/2018 84.00 three stars
2016-06 06/01/2017 82.54 three stars
2015-06 08/01/2016 83.06 three stars
2014-06 06/01/2016 81.71 three stars
 
CN 2.0
2014-06 09/01/2015 77.38 two stars
2013-06 06/01/2014 83.61 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 13-0432981
Name in IRS Master File NEW MUSIC USA INC
NTEE Code A68
NTEE Classification Music
NTEE Type Arts, Culture and Humanities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (59) Other school related activities
(61) Library
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 1946
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013
Compensation % of Expenses Paid to Title
$135,931 4.90% Edward Harsh President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
New Music USA (NY) 85.39 three stars
The NOCCA Institute (LA) 90.47 four stars
OPERA America (NY) 93.62 four stars
Herbie Hancock Institute of Jazz (DC) 87.54 three stars
Grantmakers in the Arts (NY) 87.76 three stars

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Charity Contact Info

New Music USA
90 Broad Street
19th Floor
New York, NY 10004
tel: (212) 645-6949
EIN: 13-0432981

Visit Web Site

Board Leadership

Frederick Peters
Chair

CEO

Vanessa Reed
President & CEO

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