Society for American Music
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE SOCIETY FOR AMERICAN MUSIC SEEKS TO STIMULATE THE APPRECIATION, PERFORMANCE, CREATION AND STUDY OF AMERICAN MUSIC IN ALL ITS HISTORICAL AND CONTEMPORARY STYLES AND CONTEXTS INCLUDING, BUT NOT LIMITED TO ART AND POPULAR MUSIC, THE MUSIC OF ETHNIC GROUPS AND MINORITIES, AND THE FULL RANGE OF ACTIVITIES ASSOCIATED WITH MUSIC IN NORTH AMERICA AND THE CARIBBEAN.
- Income
- $367,955
- Spending
- $277,935
- Spent on programs
- 94%
- Reserves
- 14.3 months of spending
- Largest source of income
- donations and private grants, 37%
- Employees
- 1
- Highest pay
- $34,269, executive di
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 100 out of 100. Higher than 85% of charities in its peer group (education, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 14.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 24% of income.
Income trend
15 of 15Income rose 76% on the year before.
Spending floor
15 of 1594% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 46 out of 100. Higher than 14% of charities in its peer group (education, $250k to $1m).
Independent board
25 of 2511 of 11 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed 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, 2024, 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 (3)
- $105,810 spent. ANNUAL CONVENTION TO GATHER LIKE-MINDED PEOPLE FROM AROUND NORTH AMERICA TO FACILITATE THE EXCHANGE OF IDEAS AND DISCUSS A VARIETY OF TOPICS THAT IMPACT MUSIC IN THE AMERICAS.
- PUBLICATION OF PERIODICALS AND BULLETINS TO FOSTER DIALOGUE ABOUT CURRENT ISSUES IN SCHOLARSHIP AND PEDAGOGY, AND TO PROVIDE A PLATFORM FOR A DEMOGRAPHICALLY DIVERSE RANGE OF VOICES. THE EXPENSES WERE PAID IN 2023
- $155,505 spent. HONORS AND AWARDS. THE SOCIETY PROVIDES ANNUAL FELLOWSHIPS TO SUPPORT SCHOLARLY RESEARCH IN A VARIETY OF TOPICS FURTHERING THE UNDERSTANDING AND APPRECIATION OF MUSIC IN THE AMERICAS.
Source: Form 990 for the year ending December 31, 2024, 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? Worth knowing.
Status was revoked on May 15, 2021 for not filing returns for three years, and reinstated on May 15, 2021.
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 2024.
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 July 2024.
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.