Nonprofit · EIN 16-0703048
COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC
Tax-exempt · BUFFALO, NY 14203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 (amended) | $4,307,138 | $249,034 | $4,058,104 | $5,474,312 | $736,898 | $4,737,414 |
| December 31, 2023 | 990 | $490,959 | $270,378 | $220,581 | $1,663,761 | $66,771 | $1,596,990 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,266,683
- of which government grants
- $3,424,121
- Membership dues
- $12,058
- Program service revenue
- $24,148
- Investment income
- $737
- Net rental income
- -$1,279
- Net income from sales of inventory
- $98
- Other revenue
- $15,570
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $800
- Other salaries and wages
- $45,355
- Salaries, compensation and benefits (total)
- $49,996
- Professional fundraising fees
- $0
- Accounting fees
- $3,000
- Occupancy
- $19,514
- Depreciation
- $3,464
- Program services (functional)
- $231,713
- Management and general (functional)
- $16,436
- Fundraising (functional)
- $885
Balance sheet and other
- Total assets, start of year
- $1,663,761
- Total assets, end of year
- $5,474,312
- Total liabilities, end of year
- $736,898
- Net assets, end of year
- $4,737,414
- Land, buildings and equipment
- $4,763,204
- Net assets without donor restrictions
- $4,737,414
- Gross receipts
- $4,316,807
- Employees
- 3
- Volunteers
- 0
- Year formed
- 1935
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Roderick Bonner | Board Member Trustee or director | 1 | $800 |
| George W Scott | President Trustee or director, Officer | 5 | $0 |
| Kevin Robinson | Vice President Trustee or director, Officer | 5 | $0 |
| Yvonne B Evans | Treasurer Trustee or director, Officer | 5 | $0 |
| Linda Appleby | Secretary Trustee or director, Officer | 5 | $0 |
| Sabu Adeyola | Board Member Trustee or director | 1 | $0 |
| Linda Mack Freedman | Board Member Trustee or director | 1 | $0 |
| Allison DeHonney | Board Member Trustee or director | 1 | $0 |
| Catherine Roberts | Board Member Trustee or director | 1 | $0 |
| Craig Steiger | Board Member Trustee or director | 1 | $0 |
| Omar Overstreet | Board Member Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KENNETH PETERSON | CEO Key employee | 40 | $36,000 |
| DANNY WILLIAMS | PRESIDENT Trustee or director, Officer | 20 | $0 |
| YVONNE EVANS | VICE PRESIDENT/TREASURER Trustee or director, Officer | 10 | $0 |
| LINDA APPLEBY | SECRETARY Trustee or director, Officer | 5 | $0 |
| GEORGE SCOTT | BOARD MEMBER Trustee or director | 5 | $0 |
| KEVIN ROBINSON | BOARD MEMBER Trustee or director | 5 | $0 |
| SABU ADEYOLA | BOARD MEMBER Trustee or director | 5 | $0 |
| LINDA MACK FREEDMAN GIBSON | BOARD MEMBER Trustee or director | 5 | $0 |
| CATHRINE ROBERTS | BOARD MEMBER Trustee or director | 5 | $0 |
| ALLISON DEHONNEY | BOARD MEMBER Trustee or director | 5 | $0 |
| RODERICK BONNER | BOARD MEMBER Trustee or director | 5 | $0 |
| CRAIG STEIGER | BOARD MEMBER Trustee or director | 5 | $0 |
| OMAR OVERSTREET | BOARD MEMBER Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 145 BROADWAY ST, BUFFALO, NY 14203-1629
- Mailing address (990-N for 2009)
- 145 BROADWAY STREET, BUFFALO NY 14203
- Principal officer (990 for 2024)
- George W Scott, 145 Broadway Street, Buffalo, NY 14203
- Principal officer (990-N for 2009)
- GEORGE SCOTT, 145 BROADWAY STREET, BUFFALO NY 14203
- Signed the 990
- Laura Smith, Other authorized officer
- Phone
- (716) 855-9383
- Website
- WWW.COLOREDMUSICIANSCLUB.ORG
- Return prepared by
- Lancaster Accounting & Tax Service
Mission
To develop and promote civic, social, recreational and physical wellbeing of its member. To improve, enhance the professional and economic status of its members, to stimulate its members to greater musical expression. To encourage and develop a fuller appreciation of music on the part of its members and the public.
Program accomplishments
- To preserve and protect the building known as "The Colored Musicians Club" at 145 Broadway Street in Buffalo, New York, 14203 $1,601,986 in capital expenditures to purchase of 129-143 Broadway and $1,696,015 in capital expenditures for the historic rennovation of 145 BroadwayExpenses $107,235 · revenue $737
- To foster and promote public knowledge and interest in local and national African American music historyExpenses $113,739 · revenue $24,246
- To promote and encourage historical research, education, and preservation of the history of African American music in Buffalo, New York and globally.Expenses $10,739 · revenue $221
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 16-0703048
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A80)
- Assets (IRS master file)
- $5,474,312
- Income (IRS master file)
- $4,316,807
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,193,867 | $262,213 | $5,617,925 | IRS |
| 990 | December 2023 | $490,959 | $270,378 | $1,663,761 | XML |
| 990 | December 2022 | $561,455 | $185,281 | $1,509,451 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2009 Officer: GEORGE SCOTT | December 31, 2009 | ≤ $50,000 receipts | – | – | e-Postcard |
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 16-0703048).
Questions about COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC
- What is the EIN of COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC?
- The employer identification number (EIN) of COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC is 16-0703048.
- Is COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC 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 COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC?
- The 990 for the year ended December 31, 2024 names George W Scott.
- Who are the officers and directors of COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $800 (Roderick Bonner, Board Member).
- How much revenue does COLORED MUSICIANS CLUB OF BUFFALO NEW YORK INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,307,138, expenses of $249,034 and total assets of $5,474,312 at year end.
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