Black Music Action Coalition Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
BLACK MUSIC ACTION COALITION ("BMAC") WORKS TO CREATE A UNIFIED FORCE OF ACTION FOR EQUITY AND JUSTICE WITHIN THE MUSIC INDUSTRY AND TO USE THE POWER OF OUR COLLECTIVE VOICE TO IMPROVE COMMUNITIES AND DRIVE SYSTEMIC CHANGE. BMAC ADVOCATES ON BEHALF OF ARTISTS, SONGRWRITERS, PRODUCERS, MANAGERS, AGENTS, EXECUTIVES, AND LAWYERS TO CREATE ACCESS, EQUITY AND OPPORTUNITY. BMAC WORKS TOGETHER WITH BUSINESS LEADERS TO HOLD COMPANIES ACCOUNTABLE AND ENSURE CHANGE TAKES ROOT. BMAC WORKS TO DRIVE POLICY CHANGE AROUND SOCIAL AND RACIAL JUSTICE AND PROTECTION OF ARTISTS WITH A FOCUS ON CAUSES THAT DIRECTLY IMPACT COMMUNITIES.
- Income
- $2.1 million
- Spending
- $2.5 million
- Spent on programs
- 78%
- Reserves
- 7.9 months of spending
- Largest source of income
- donations and private grants, 87%
- Employees
- 0
- Highest pay
- $77,035, president & ceo
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
Fair: 63 out of 100. Higher than 36% of charities in its peer group (arts and culture, $1m to $10m).
Reserves
28 of 35Spendable reserves would cover 7.9 months of spending.
Debt
20 of 20It owes 6% of what it owns.
Living within its means
0 of 15Spending exceeded income by 22% of income.
Income trend
0 of 15Income fell 52% on the year before.
Spending floor
15 of 1578% of spending went to programs and raising each dollar of donations cost 3 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: 35 out of 100. Higher than 2% of charities in its peer group (arts and culture, $1m to $10m).
Independent board
25 of 256 of 7 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
0 of 5Reports that it does not keep 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
0 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)
- $1.3 million spent. THE BLACK MUSIC ACTION COALITION (BMAC) ANNUAL GALA IS A SIGNIFICANT EVENT AND FUNDRAISER TO CELEBRATE MUSIC ARTISTS AND INDUSTRY PROFESSIONALS FOR THEIR COMMITMENT TO POSITIVE IMPACT. BMAC USES THE EVENT TO HIRE A ROSTER OF EMERGING PROFESSIONALS WHO HAVE GRADUATED FROM BMAC MENTORSHIP AND PIPELINE PROGRAMS TO WORK IN PAID POSITIONS FOR THE EVENT. 2024 BMAC HONOREES INCLUDED QUINCY JONES HUMANITARIAN AWARD, USHER, CLARENCE AVANT TRAILBLAZER AWARD, LL COOL J, BMAC SOCIAL IMPACT AWARD, BET, BMAC CHANGE AGENT AWARD, IVY MCGREGOR, BMAC 365 AWARD, LIVE NATION. BMAC USES THE EVENT TO CREATE AWARENESS AND FUNDING FOR KEY BMAC PROGRAMMING.
- $546,522 spent. BMAC works to create access and opportunity in the music industry through our Music Maker Program which consists of Music Maker Grants given to emerging music artists and Music Maker Educational Programming which provides education for emerging music industry professionals. BMAC Music Maker Grant Programs include, the BMAC x Jimmy Jam & Terry Lewis Music Maker Grants, the BMAC x Victoria Mont Music Maker Grants, the BMAC x Luther Vandross Music Maker Grants. BMAC is proud to present Music Maker programs that offer career education and opportunities like BMAC Live with Live Nation, BMAC Live with Rolling Loud and the BMAC Music Business Accelerator at TSU. The BMAC Music Maker Program also affords graduates from BMAC programs the chance to work Music Maker events and Music Maker Programming as paid interns.
- $151,767 spent. BMAC x Rock & Rolls Hall of FameMusic Maker Guaranteed Income and Mentorship Program - BMAC and the Rock & Roll Hall of Fame joined forces for a collaboration to support emerging music artists from across the country through the BMAC x Rock & Rolls Hall of Fame Music Maker Guaranteed Income and Mentorship Program. The program was designed to create economic empowerment and access to the music industry. BMAC and the Rock & Roll Hall of Fame provided a year of economic support, and mentorship support to emerging music Artists and music industry professionals. The year of economic support assisted with basic needs such as rent, utilities and food, as well as opened the door for previously challenging career moves such as studio time, travel for shows or networking opportunities, marketing, and even legal services. In addition to economic support, the coalition provided industry exposure, and visibility with BMAC and Rock & Roll Hall of Fame members and industry leaders and the chance for future mentorship or career opportunities. This program built on the previous BMAC program that finished in 2024, the BMAC x Academy of Country Music Guaranteed Income & Support Services Program that provided economic support and mentorship to emerging artists and music executives in Nashville, TN.
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? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 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 March 2023.
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 October 21, 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.