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New York · Nonprofit

LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC

LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC (New York) receives grants from 7 organizations whose IRS filings report $367,665 to it, the largest being The Joel Foundation ($280,000). 4 of them have funded it in more than one year.

Revenue FY2025
$956k
Funders on record
7
Grants received
$368k
Net assets
$1.1M
4/7 repeat funderspeak grant-dependency 5%
01What it does

What Long Island Music and Entertainment Hall of Fame Inc does

Mission

To celebrate the rich music and entertainment heritage of long island and support music and arts education for future generations.

As stated on its FY2025 Form 990.

Program

  1. The long island music & entertainment hall of fame was created to celebrate and preserve long island's rich and diverse musical, artistic, and cultural legacy for generations to come.established in 2004, we have inducted nearly 140 musicians and industry professionals in every musical genre including rock, pop, hip-hop, classical, blues, folk, and jazz. We believe there is no place in the world that has produced as much musical talent in as many genres - as long island.our beautiful 2-story 8800 square foot hall of fame museum located in stony brook, ny opened in 2022 and has already been recognized as one of the top music hall of fames in the country by the grammy awards, one of the top tourist attractions on long island by I love ny/ny tourism, and we have been covered positively by every local and major media in the new york market. Our current and much celebrated billy joel my life exhibit has attracted tens of thousands of visitors in less than 18 months.we have created dozens of programs reaching music lovers from 18-80, including health and harmony, where we partner with a major long island healthcare system to bring music therapy and services to long island seniors, free…

    $942,892 spentof which $10,100 as grants$567,465 earned by the program
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $942,892.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($68k) Expenses 100 ($69k) Net assets 100 ($68k)2018 Revenue 187 ($127k) Expenses 153 ($105k) Net assets 133 ($90k)2019 Revenue 140 ($95k) Expenses 210 ($144k) Net assets 60 ($40k)2020 Revenue 116 ($78k) Expenses 108 ($74k) Net assets 66 ($44k)2021 Revenue 39 ($27k) Expenses 36 ($24k) Net assets 69 ($47k)2022 Revenue 575 ($390k) Expenses 372 ($255k) Net assets 2677 ($1.8M)2023 Revenue 1230 ($834k) Expenses 861 ($592k) Net assets 3035 ($2.1M)2024 Revenue 1587 ($1.1M) Expenses 1318 ($905k) Net assets 3672 ($2.5M)2025 Revenue 1410 ($956k) Expenses 1572 ($1.1M) Net assets 1575 ($1.1M)
'17'18'19'20'21'22'23'24'25
Revenue (1410)Expenses (1572)Net assets (1575)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $47k to $1.8M (+3821%).

$88k
$90k
$40k
$44k
$47k
$1.8M
$2.3M
$2.6M
$1.3M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 1% · 2025 21%. Grants only. Government contracts and fees sit inside program revenue.

39% of LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC’s revenue is contributions — about as donation-reliant as the typical peer (64% for the typical peer).

This organization
Typical peer · 19,618 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 9 reported years ran a deficit.

−$848
’17
$22k
’18
−$49k
’19
$4k
’20
$2k
’21
$135k
’22
$243k
’23
$171k
’24
−$123k
’25
8.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Judi Lach Veeck

Executive director

Board chair

Ernest Canadeo

Chairman

As listed on its FY2025 Form 990.

20182022202320242025
Listed1819192222
Joined··+3+3+1
No longer listed··301
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 3 funders, grant income rose $3k → $45k.

2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 2% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC leans on a few funders — its largest provides 76% of grant income and the top three 97%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

76%
largest funder
97%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 100% · 2022 99% · 2023 67% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC's grant income comes from New York funders.

NY
NC

In-state vs out-of-state, by year

’17
’18
’19
’23
New York out of state home

Funder states come from each funder’s own filing. $7k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC has grown faster than three-quarters of the 12,262 arts & culture nonprofits its size.

Operating margin−13% · bottom quartile
Months of reserve8.2mo · above the median
Revenue growth (annualized)39% · top quartile

this organization peer median middle 50% of peers· 12,262 arts & culture nonprofits $100k–$1M, FY2025

Organizations like LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

87% of spending goes to programs.

Program 87%Management 11%Fundraising 2%

Governance

22
board members
86%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Screen this organization

A dated, signed PDF of the compliance screen for LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC?
LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC (New York) receives grants from 7 organizations whose IRS filings report $367,665 to it, the largest being The Joel Foundation ($280,000). 4 of them have funded it in more than one year.
How many funders does LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC have?
IRS filings report 7 organizations giving $367,665 in grants to LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC, 4 of which have funded it in more than one year.
Who is the largest funder of LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC?
The Joel Foundation is the largest funder on record, with $280,000 in grants. The full list of funders is on this page.
How can an organization like LONG ISLAND MUSIC AND ENTERTAINMENT HALL OF FAME INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Long Island Music and Entertainment Hall of Fame →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing