Nonprofit · EIN 11-3112268
BAM ENDOWMENT TRUST
Tax-exempt · BROOKLYN, NY 11217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $7,397,959 | $15,144,819 | -$7,746,860 | $81,894,285 | $2,000,000 | $79,894,285 |
| June 30, 2024 | 990 | $4,297,390 | $13,459,572 | -$9,162,182 | $89,908,086 | $4,644,037 | $85,264,049 |
| June 30, 2023 | 990 | $1,418,152 | $12,639,570 | -$11,221,418 | $91,883,280 | $10,665 | $91,872,615 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $69,980
- Program service revenue
- $0
- Investment income
- $7,327,979
- Net gain from sales of assets
- $5,352,140
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $14,540,975
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $598
- Accounting fees
- $44,000
- Program services (functional)
- $14,540,975
- Management and general (functional)
- $478,844
- Fundraising (functional)
- $125,000
Balance sheet and other
- Total assets, start of year
- $89,908,086
- Total assets, end of year
- $81,894,285
- Total liabilities, end of year
- $2,000,000
- Net assets, end of year
- $79,894,285
- Publicly traded securities
- $49,987,492
- Net assets without donor restrictions
- $1,114,611
- Net assets with donor restrictions
- $78,779,674
- Gross receipts
- $42,188,129
- Employees
- 0
- Volunteers
- 11
- Year formed
- 1992
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JENNIFER ANGLADE | TREASURER Officer | 5 | $0 | $338,114 | $57,693 |
| ALAN H FISHMAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ALBERTO SANCHEZ | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ELIZABETH HOLTZMAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| GABRIEL PIZZI | CHAIR Trustee or director, Officer | 5 | $0 | $0 | $0 |
| JAMES MCLAREN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| JENNIFER KOPYLOV | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MARCEL PRZYMUSINSKI | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| R EDWARD SPILKA | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| SCOTT MCDONALD | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| STEVEN G FELSHER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| TIMOTHY SEBUNYA | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JENNIFER ANGLADE | TREASURER Officer | 5 | $0 | $318,743 | $53,780 |
| ALAN H FISHMAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ALBERTO SANCHEZ | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ELIZABETH HOLTZMAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| GABRIEL PIZZI | CHAIR Trustee or director, Officer | 5 | $0 | $0 | $0 |
| JAMES MCLAREN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MARCEL PRZYMUSINSKI | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| R EDWARD SPILKA | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| SCOTT MCDONALD | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| STEVEN G FELSHER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| TIMOTHY SEBUNYA | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JENNIFER ANGLADE | TREASURER, CO-INTERIM PRES Officer | 5 | $0 | $425,815 | $48,325 |
| ALAN H FISHMAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ALBERTO SANCHEZ | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| ELIZABETH HOLTZMAN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| GABRIEL PIZZI | CHAIR Trustee or director, Officer | 5 | $0 | $0 | $0 |
| JAMES MCLAREN | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| MARCEL PRZYMUSINSKI | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| R EDWARD SPILKA | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| SCOTT MCDONALD | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| STEVEN G FELSHER | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| TIMOTHY SEBUNYA | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 30 LAFAYETTE AVE, BROOKLYN, NY 11217-1430
- Principal officer (990 for 2024)
- JENNIFER ANGLADE, 30 LAFAYETTE AVENUE, BROOKLYN, NY 11217
- Signed the 990
- JENNIFER ANGLADE, TREASURER
- Phone
- (718) 636-4110
- Return prepared by
- CBIZ ADVISORS LLC
Mission
THE BAM ENDOWMENT TRUST OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE BROOKLYN ACADEMY OF MUSIC, INC.
Program accomplishments
- THE DISTRIBUTION TO BROOKLYN ACADEMY OF MUSIC (BAM) ENABLES THIS 160-YEAR-OLD MULTI-ARTS ORGANIZATION TO CONTINUE TO BE THE HOME FOR CURIOUS PEOPLE AND ADVENTUROUS IDEAS. BAM SUPPORTS ARTISTIC EXPERIMENTATION AND CHAMPIONS INCLUSION AND ACCESSIBILITY THROUGHOUT THE ARTS AS PRESENTER, ACTIVATOR, AND CONNECTOR. THE DISTRIBUTION PROVIDES CRUCIAL SUPPORT, WHICH MAKES POSSIBLE ALL OF BAM'S WORLD-RENOWNED PROGRAMMING IN THEATER, DANCE, MUSIC, OPERA, FILM AND MUCH MORE. IT ENABLES BAM TO SHOWCASE THE WORK OF EMERGING ARTISTS AND INNOVATIVE MODERN ARTISTS.Expenses $14,540,975 · grants $14,540,975
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 11-3112268
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1992
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $81,894,285
- Income (IRS master file)
- $42,188,129
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $7,397,959 | $15,144,819 | $81,894,285 | XML |
| 990 | June 2024 | $4,297,390 | $13,459,572 | $89,908,086 | IRS |
| 990 | June 2023 | $1,418,152 | $12,639,570 | $91,883,280 | XML |
| 990 | June 2022 | $5,021,275 | $5,353,070 | $93,445,467 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-3112268).
Questions about BAM ENDOWMENT TRUST
- What is the EIN of BAM ENDOWMENT TRUST?
- The employer identification number (EIN) of BAM ENDOWMENT TRUST is 11-3112268.
- Is BAM ENDOWMENT TRUST tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
- Are donations to BAM ENDOWMENT TRUST tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does BAM ENDOWMENT TRUST file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of BAM ENDOWMENT TRUST due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BAM ENDOWMENT TRUST last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of BAM ENDOWMENT TRUST?
- The 990 for the year ended June 30, 2025 names JENNIFER ANGLADE.
- Who are the officers and directors of BAM ENDOWMENT TRUST?
- The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
- How much revenue does BAM ENDOWMENT TRUST have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $7,397,959, expenses of $15,144,819 and total assets of $81,894,285 at year end.
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