Long Island Music Hall of Fame Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO CELEBRATE THE RICH MUSIC AND ENTERTAINMENT HERITAGE OF LONG ISLAND AND SUPPORT MUSIC AND ARTS EDUCATION FOR FUTURE GENERATIONS.
- Income
- $956,331
- Spending
- $1.1 million
- Spent on programs
- 87%
- Reserves
- 8.7 months of spending
- Largest source of income
- fees for its services, 59%
- Employees
- 7
- Volunteers
- 30
- Highest pay
- $71,000, board trustee and general manager
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 68 out of 100. Higher than 38% of charities in its peer group (arts and culture, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 8.7 months of spending.
Debt
16 of 20It owes 17% of what it owns.
Living within its means
4 of 15Spending exceeded income by 13% of income.
Income trend
5 of 15Income fell 11% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 5 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 95% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
25 of 2519 of 22 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $942,892 spent. THE LONG ISLAND MUSIC & ENTERTAINMENT HALL OF FAME WAS CREATED TO CELEBRATE AND PRESERVE LONG ISLAND'S RICH AND DIVERSE MUSICAL, ARTISTIC, AND CULTURAL LEGACY FOR GENERATIONS TO COME.ESTABLISHED IN 2004, WE HAVE INDUCTED NEARLY 140 MUSICIANS AND INDUSTRY PROFESSIONALS IN EVERY MUSICAL GENRE INCLUDING ROCK, POP, HIP-HOP, CLASSICAL, BLUES, FOLK, AND JAZZ. WE BELIEVE THERE IS NO PLACE IN THE WORLD THAT HAS PRODUCED AS MUCH MUSICAL TALENT IN AS MANY GENRES - AS LONG ISLAND.OUR BEAUTIFUL 2-STORY 8800 SQUARE FOOT HALL OF FAME MUSEUM LOCATED IN STONY BROOK, NY OPENED IN 2022 AND HAS ALREADY BEEN RECOGNIZED AS ONE OF THE TOP MUSIC HALL OF FAMES IN THE COUNTRY BY THE GRAMMY AWARDS, ONE OF THE TOP TOURIST ATTRACTIONS ON LONG ISLAND BY I LOVE NY/NY TOURISM, AND WE HAVE BEEN COVERED POSITIVELY BY EVERY LOCAL AND MAJOR MEDIA IN THE NEW YORK MARKET. OUR CURRENT AND MUCH CELEBRATED BILLY JOEL MY LIFE EXHIBIT HAS ATTRACTED TENS OF THOUSANDS OF VISITORS IN LESS THAN 18 MONTHS.WE HAVE CREATED DOZENS OF PROGRAMS REACHING MUSIC LOVERS FROM 18-80, INCLUDING HEALTH AND HARMONY, WHERE WE PARTNER WITH A MAJOR LONG ISLAND HEALTHCARE SYSTEM TO BRING MUSIC THERAPY AND SERVICES TO LONG ISLAND SENIORS, FREE OF CHARGE. WE HOST WEEKLY CONCERTS ON OUR STAGE WITH ARE FREE WITH ADMISSION AND TO MEMBERS, WHICH SHOWCASE LOCAL LONG ISLAND TALENT PERFORMING ORIGINAL MUSIC, COMEDY, AND FILMS, GIVING EXPOSURE TO POTENTIAL FUTURE HALL OF FAMERS.OUR MANY EDUCATIONAL PROGRAMS ENGAGE SCHOOL DISTRICTS THROUGHOUT LONG ISLAND AS WE HOST HIGH SCHOOL BAND CAMPS, INVITE LOCAL HIGH SCHOOL BANDS AND ORCHESTRAS TO PERFORM ON OUR STAGE, AND ENGAGE TEACHERS THROUGH OUR EXCLUSIVE AREA TEACHROCK COLLABORATION WITH RENOWNED MUSICIAN STEVEN VAN ZANDT. WE HAVE AWARDED TENS OF THOUSANDS OF DOLLARS IN SCHOLARSHIPS TO HIGH SCHOOL STUDENTS, INCLUDING OVER $10,000 IN 2025, AND CELEBRATE EDUCATORS ANNUALLY WITH OUR EDUCATOR OF NOTE AWARDS.WITH OUR EXPANSION INTO ENTERTAINMENT, WE NOW SHOWCASE MONTHLY FILMS DIRECTED BY LONG ISLAND FILMMAKERS AND ARE PLANNING OUR INAUGURAL MUSIC DOCUMENTARY FILM FESTIVAL IN AUGUST 2025. MAJOR COMEDY AND FILM EXHIBITIONS ARE IN THE PLANNING STAGES.WE HAVE ESTABLISHED OURSELVES AS A VIBRANT COMMUNITY OF MUSICIANS, FILMMAKERS, COMEDIANS AND ASPIRING ARTISTS WHO HAVE FOUND A NEW HOME AT OUR HALL OF FAME MUSEUM, AND WE ARE PROUD TO HAVE CREATED A NEW CULTURAL INSTITUTION THAT IS TRANSFORMING THE WAY THE WORLD LOOKS AT AND ADMIRES - LONG ISLAND'S UNEQUALED MUSIC AND CULTURAL CONTRIBUTIONS.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2006.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.