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Austin Music Foundation Inc.

Austin Music Foundation Inc.

Austin, TX 78741
Tax ID81-0561953

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About this organization

Revenue

$445,025

Expenses

$305,970

Mission

Austin Music Foundation's mission is to strengthen and connect the local music industry and community with innovative programs that empower music professionals and music businesses within Austin's creative economy.

About

The Austin Music Foundation (AMF) offers free education specifically tailored to today's music business climate. With expert panels, consultations, mentoring and networking events, AMF's programs provide the necessary tools and opportunities to help the Austin music industry succeed.The Creative Media Center (CMC) Artist Development Program provides musicians with the advanced knowledge and tools they need to navigate the music industry and build their careers. The CMC Artist Development consists of three components: panels, workshops, and networking events; career consultations; and the Artist Development Program. Leaders in Austin Music (LIAM) is a six-month program designed by the Austin Music Foundation and the Economic Development Department's Music & Entertainment Division. This program will provide participants with top-level music industry leadership effectiveness training for existing leaders in the Austin music community. The class will be comprised of about 18 individuals, and the program will focus on exploring solution-oriented initiatives regarding the music industry's pressing issues and opportunities as well as increasing cross-industry collaboration opportunities with other creative industries in Austin.Music Industry Collaborative (MIC) is an applicant based mentoring program designed for active entrepreneurs with existing music-related businesses. The mentoring program will fast track resources that busy music entrepreneurs most urgently need: meaningful dialogue with real-life entrepreneurial mentors in a structured small group setting that also encourages peer-to-peer assistance. MIC offers focused workshops on core topics that are essential for the music business entrepreneur to leverage strengths, overcome challenges and gain valuable resources.

Interesting data from their 2020 990 filing

The purpose of the non-profit, as set forth in the filing, is “Austin music foundation's mission is to strengthen and connect the local music industry and community with innovative programs that empower music professionals and music businesses within austin's creative economy by offering innovative career-development and music-business education programs for musicians.”.

When discussing its purpose, they were characterized as: “Austin music foundation's mission is to strengthen and connect the local music industry and community with innovative programs that empower music professionals and music businesses within austin's creative economy.”.

  • The state in which the non-profit is legally authorized to operate is TX, as reported.
  • The filing confirms that the non-profit's address in 2020 was 1333 Shore District Drive, Austin, TX, 78741.
  • The form of the non-profit reports 3 employees as of 2020.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $139,055.
  • The CEO salary plan within the organization is not subject to review and approval by an impartial entity.
  • The organization has 23 independent voting members.
  • The organization was formed in 2002.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $178,712 in salary, compensation, and benefits to its employees.
  • The organization pays $19,228 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.

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