About
The BAM endowment trust operates exclusively for the benefit of the brooklyn academy of music, INC.
Donations are tax-deductible
Financial Snapshot
FY ending 2023-06-30Financial history
1617181920212223
RevenueExpenses
Latest FY2023: $1.4M · Peak FY2018: $8.3M · Avg: $3.8M
Foreign activity (Schedule F)
Total spent abroad$17.3M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
| Region | Activity | Spent |
|---|
| CENTRAL AMERICA AND THE CARRIBEAN | — | — |
| EUROPE | — | — |
Political & Grant Activity
Address
30 Lafayette AVE
Brooklyn, NY, 11217-143
Governance
Voting board members10
Independent members10
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Financial detail (Schedule D)
Board-designated %3.7%
Permanent endowment %90.8%
Endowment held by related orgNo
Public records
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