BAHAMAS MUSIC FOUNDATION USA INC

WINDERMERE, FL, 34786-8411 (407) 909-7020 Est. 2017 EIN 82-1489150
B82 - Scholarships & Student Financial Aid 990 - Public charity return 501(c)(3)
www.bahamasyouthfoundation.org

Mission

EDUCATION OF BAHAMAS YOUTH THROUGH SCHOLARSHIPS AND DISASTER RELIEF AND REBUILDING EFFORTS DUE TO HURRICANES AND OTHER NATURAL DISASTERS.

Giving Portfolio

Total Grants
6
Total Giving
$574K
Recipients
6
Years Active
2020 - 2023
Avg grant: $61,377 Median: $65,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20231$10K $10K10
20205$564K $113K50

Sectors Funded

Human Services
1
Public Safety & Disaster Relief
1
International & Foreign Affairs
1
Education
1

Top States

Florida
4
Louisiana
1
Virginia
1

Grantee Size Profile

$10M - $50M
2
Over $50M
1

Top Grantees

Grants Awarded · 4 grants

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Financials

Total Revenue
$3,472,111
Total Expenses
$3,923,921
Net Assets
$2,395,725
3 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
7.3 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 25.7%
Expenses ↓ 5.1%
Revenue Sources
Contributions 96.6% Investment 3.4%
Expense Breakdown
Program 98.9% Management 1.1%

Officers & Trustees (3)

Individual compensation is available on Grow plans.

Filing History (4 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Jan 1, 2024 to Dec 31, 2024
$3,472,111 ↑$3,923,921$2,395,725
2023 990 - Public charity return
Jan 1, 2023 to Dec 31, 2023
$2,761,127 ↑$4,135,492$2,850,014
2022 990 - Public charity return
Jan 1, 2022 to Dec 31, 2022
$136,835 ↓$1,608,637$4,226,766
2020 990 - Public charity return
Jan 1, 2020 to Dec 31, 2020
$2,347,814 $2,195,411$6,454,242

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EIN: 82-1489150 · Source: IRS Form 990 e-file data