Imani Winds Foundation INC FY2021 filing

Tax-deductible

New York, NY501(c)(3)Since 2018Arts & CultureEIN 83-2695003Revenue $226K in FY2021

On file with the IRSimaniwinds.com/foundation123 W 128th St Apt 1, 10027-3016 · New York, NYTax-exempt since Jun 2019Publicly supported charity — 170(b)(1)(A)(vi)

This page gets seen. Tell your story. Claim this org.

Imani Winds Foundation, inc's mission is to make meaningful connections through music. IT supports the grammy-nominated Imani Winds, a full-time touring classical chamber music ensemble which has been in existence for over 25 years. The organization also helps fund the creation of new music by commissioning composers, particularly from marginalized communities. IT supports the Imani Winds chamber music festival, an 11-day institue in nyc that teaches aspiring musicians the art of chamber music through performance excellence, entrepreneurship training and the importance of community engagement.

501(c)(3) charity; gifts are tax-deductible.
95¢ of each $1 spent went to programs.
$54K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $71K a year · 10% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
95%
of spending
Looks good: 95% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$54K
to officers and key staff · 23% of spending
Worth a look: pay to officers and key staff is 23% of spending; over 20%.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $186K
Looks good: 7 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
4
of 6 voting members
Looks good: 4 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$226K
+83% vs prior year
Spent
$238K
To programs
95%
Net assets
$92K
By yearFY2020–FY2025
Revenue
$226K
FY2021▲ +83%
Tap a bar for its year
Revenue by fiscal year
FY2020$123K
FY2021$226K
FY2022$662K
FY2023$926K
FY2024$677K
FY2025$1.1M
Expenses
$238K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021$238K
FY2022$588K
FY2023$767K
FY2024$803K
FY2025$852K
Net assets
$92K
FY2021▼ -13%
Tap a bar for its year
Net assets by fiscal year
FY2020$107K
FY2021$92K
FY2022$167K
FY2023$325K
FY2024$199K
FY2025$459K

From the FY2021 Form 990 (year ending August 2021) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2019.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

95 cents of each dollar spent went to programs.

Program services 95% · $226K Management & general 5% · $12K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

6 people listed on the 990; $54K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$26,800Pt VII · Sec A
Treasurer
$26,800Pt VII · Sec A
Secretary
$0Pt VII · Sec A
General Memb
$0Pt VII · Sec A
General Memb
$0Pt VII · Sec A
General Memb
$0Pt VII · Sec A

Monica Ellis’s $96K as Treasurer is at the 30th percentile of top reported officer pay among 3924 $1–10M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2025FY2024FY2023FY2021
Monica Ellis$96,000$96,000$81,900$26,800
Toyin Spellman-Diaz$96,000———
Toyin Spellman—$96,000$81,900—
Toyin Spellman Diaz———$26,800

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Imani Winds Foundation INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Composing and mentoring musicians, they promote classical music's living art form.

Questions for Imani Winds Foundation INC

Tap to ask. Imani Winds Foundation INC sees how many people are interested.

Your first name shows with your question. Imani Winds Foundation INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $226K · in their own filed words · FY2020
01

Festivals that provide chamber music coaching, seminars on the business of music, collaboration with student composers, and performances.

$226Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$226K
Ln 12
Fees for servicesLn 2g$113K
Gifts and grantsLn 1h$111K
Other incomeLn 4–11$1K
Money outPt IX
$238K
Ln 25
Programscol B$226K
Managementcol C$12K
Owns and owesPt X
$92K
net assets · Ln 32
Cash and savingsLn 1–2$92K
Total assetsLn 16$92K
LiabilitiesLn 26$0
PeoplePt VI, VII
6
listed · VII A
PaidVII A2
Voting boardVI 1a6
IndependentVI 1b4
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$111K
Government grantsLn 1e$2K
Fees for servicesLn 2g$113K
Other incomeLn 4–11$1K
Total revenueLn 12$226K
Assets in detailPt X, end of year
CashLn 1$92K
Cash and savings togetherLn 1–2$92K
Total assetsLn 16$92K
LiabilitiesLn 26$0
Net assetsLn 32$92K
OperationsPt I, VI
EmployeesI 55
VolunteersI 60
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$107K$92K
Total assetsLn 16$107K$92K
LiabilitiesLn 26$0$0
Net assetsLn 32$107K$92K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$54K$48K$5K
Other salaries and wagesLn 7$54K$54K
Payroll taxesLn 10$10K$10K
Accounting feesLn 11c$2K$2K
Other fees for servicesLn 11g$102K$102K
Advertising and promotionLn 12$450$450
Office expensesLn 13$234$29$205
OccupancyLn 16$875$875
TravelLn 17$1K$1K
InsuranceLn 23$4K$4K
Other expenses (24a–d)Ln 24$9K$6K$3K
All other expensesLn 24e$2K$1K$75
Total functional expensesLn 25$238K$226K$12K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.1M$852K$260K$459K 990 PDF
FY2024 $677K$803K−$127K$199K 990 PDF
FY2023 $926K$767K$159K$325K 990 PDF
FY2022 $662K$588K$74K$167K 990 PDF
FY2021 Viewing $226K$238K−$12K$92K 990 PDF
FY2020 $123K$107K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $225,620 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $111,760$111,306
I-9 Program service revenuePrior year $11,453$113,278
I-10 Investment income$0
I-11 Other revenue$1,036
I-12 Total revenuePrior year $123,213$225,620
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$117,159
I-16a Professional fundraising feesPrior year $19,519$0
I-17 Other expensesPrior year $909$120,906
I-18 Total expensesPrior year $20,428$238,065
I-19 Revenue less expensesPrior year $102,785−$12,445
Part VI · Governance 4 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members4
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $225,620 across 6 lines filed
VIII-1e Government grants$1,800
VIII-1f All other contributions, gifts and grants$109,506
VIII-1h Total contributions, gifts and grants$111,306
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $113,278$113,278
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $1,036$1,036
VIII-12 Total revenueRelated to mission $114,314$225,620
Part IX · Statement of functional expenses $238,065 across 12 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $48,240 · Management $5,360$53,600
IX-7 Other salaries and wagesPrograms $53,600$53,600
IX-10 Payroll taxesPrograms $9,959$9,959
IX-11c Accounting feesManagement $2,475$2,475
IX-11g Other fees for servicesPrograms $101,797$101,797
IX-12 Advertising and promotionPrograms $450$450
IX-13 Office expensesPrograms $29 · Management $205$234
IX-16 OccupancyManagement $875$875
IX-17 TravelPrograms $1,396$1,396
IX-23 InsurancePrograms $3,579$3,579
IX-24 Other expenses (24a–d)Programs $5,909 · Management $2,651$8,560
IX-24e All other expensesPrograms $1,465 · Management $75$1,540
IX-25 Total functional expensesPrograms $226,424 · Management $11,641 · Fundraising $0$238,065
Part X · Balance sheet $92,395 assets, 6 lines filed
X-1 Cash, non-interest-bearingStart of year $106,590$92,395
X-16 Total assetsStart of year $106,590$92,395
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $106,590$92,395
X-32 Total net assets or fund balancesStart of year $106,590$92,395
X-33 Total liabilities and net assetsStart of year $106,590$92,395
Part XI · Reconciliation of net assets $92,395 net assets at year end
XI-1 Total revenue$225,620
XI-2 Total expenses$238,065
XI-3 Revenue less expenses−$12,445
XI-4 Net assets at start of year$106,590
XI-9 Other changes in net assets−$1,750
XI-10 Net assets at end of year$92,395

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.