MUSICIANS FOUNDATION INC
Helping musicians and their families in times of need since 1914.
Mission
Musicians Foundation was established in 1914 to support performers, composers, and educators in times of need, crisis, and transition. Eligible musicians throughout the country receive grants up to $3,000 to help pay essentials, like rent and mortgage bills, medical and dental treatments, and natural disaster recovery costs. In a time when artists are experiencing more instability than ever before, Musicians Foundation continues to serve as a vital safety net for those who have given their lives to music. As the oldest nonprofit of its kind in the United States, the Foundation is dedicated to providing life-changing financial relief so musicians in all genres can continue their artistic pursuits.
Notes from the nonprofit
Thank you for taking the time to view the Musicians Foundation profile on Guidestar. We've been committed to helping musicians and their families since 1914 and look forward to reaching and assisting more professionals in need each year. If you are interested in supporting our work with a one-time, recurring, or legacy donation, please visit http://www.musiciansfoundation.org/donate/.
Ruling year
1953
Executive Director
David Gracia
Main address
875 Sixth Ave Suite 2303
New York, NY 10001 USA
EIN
13-1790739
NTEE code
Alliance/Advocacy Organizations (A01)
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
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Communication
Programs and results
What we aim to solve
In today's volatile professional climate, many musicians experience greater financial risk than ever before. Musicians Foundation provides aid that enables performers, educators, composers, and arrangers to continue pursuing their artistic process and vision during difficult times.
Our programs
What are the organization's current programs, how do they measure success, and who do the programs serve?
Musicians Foundation Financial Aid
This program provides grants for medical and allied living expenses in emergencies for professional musicians, regardless of their genre or instrument, who have worked in the United States as a professional musician for at least five (5) years, and currently reside in the United States. In addition, we can provide grants for the families of professional musicians that meet this criteria. This does not cover grants for scholarships, loans, or private unemployment benefits.
Applicants must submit tax statements demonstrating that their principal income is derived from work as musicians.
Support includes one-time assistance for periods of acute need (medical crisis, crime victimization, catastrophic events, etc.) and funding is given in the form of direct payment to vendors, such as medical practices, housing authorities, instrument retailers, and health insurance companies to maximize efficiency.
An expert screening committee reviews all proposed grantees to confirm the validity of each individual application, including review by a physician in case of medical need, as well as evaluation by a licensed social worker.
Where we work
External reviews
Goals & Strategy
Learn about the organization's key goals, strategies, capabilities, and progress.
Charting impact
Four powerful questions that require reflection about what really matters - results.
What is the organization aiming to accomplish?
Musicians Foundation's goal is to alleviate the financial burdens musicians encounter during particular times of need, crisis, and transition by providing grants that help pay essential bills.
What are the organization's key strategies for making this happen?
Musicians Foundation provides grantees that meet our criteria with a payment of up to $3000. All payments are made directly to vendors, such as medical practices, housing authorities, instrument retailers, and health insurance companies.
What are the organization's capabilities for doing this?
Musicians Foundation sets a yearly budget for allocating grants based on our available resources. Applications for grants can be submitted online or by mail, and instructions can be found on our website. Additionally, we conduct active outreach to various organizations and non-profits to ensure that musicians are aware of our grants, and actively fundraise to increase the amount of grants we can award.
What have they accomplished so far and what's next?
To date, Musicians Foundation has given millions in financial assistance to musicians in times of need. With our newly created online application, we are receiving more applications from musicians than ever before, and are looking to develop our fundraising base to help meet their needs. Musicians Foundation is the most accessible organization of its kind, allowing professional musicians from any corner of the country to fully apply from most devices with an internet connection.
How we listen
Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.
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How is your organization using feedback from the people you serve?
To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve
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Which of the following feedback practices does your organization routinely carry out?
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What challenges does the organization face when collecting feedback?
Financials
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Operations
The people, governance practices, and partners that make the organization tick.
Connect with nonprofit leaders
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Connect with nonprofit leaders
SubscribeBuild relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.
- Analyze a variety of pre-calculated financial metrics
- Access beautifully interactive analysis and comparison tools
- Compare nonprofit financials to similar organizations
Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.
MUSICIANS FOUNDATION INC
Board of directorsas of 08/08/2023
Lisa Megeaski
Andrew Bloch
Human
Lisa Megeaski
Joseph Hertzberg
Lance Linares
Community Foundation Santa Cruz County
Michiyo Morikawa
Greenwich House Music // Third Street Music School Settlement
Thomas F. Parker
Parker Artists
Bess Forrell Steiger
Hudson Mediation Group
Jenna Manula Linares
Tarte Cosmetics
Andrew Malloy
Spencer Myer
Indiana University Bloomington
Stephen R. Vann
SVB International
Leslie B. Dunner
Interlochen Center for the Arts
Board leadership practices
GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.
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Board orientation and education
Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes -
CEO oversight
Has the board conducted a formal, written assessment of the chief executive within the past year ? Not applicable -
Ethics and transparency
Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes -
Board composition
Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Not applicable -
Board performance
Has the board conducted a formal, written self-assessment of its performance within the past three years? Not applicable
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