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In this situation, we deduct 7 points from the charity's Accountability and Transparency score.

Partial Credit: There has been a diversion of assets within the last two years and the charity has used Schedule O on the Form 990 to explain: the nature of the diversion, the amount of money or property involved and the corrective action taken to address the matter.

This metric will be assigned to one of the following categories:įull Credit: There has been no diversion of assets within the last two years. If the charity does report a diversion, then we check to see if it complied with the Form 990 instructions by describing what happened and its corrective action. We check the charity's last two Forms 990 to see if the charity has reported any diversion of assets. (More)Ī diversion of assets – any unauthorized conversion or use of the organization's assets other than for the organization's authorized purposes, including but not limited to embezzlement or theft – can seriously call into question a charity's financial integrity. Our analysts check the Form 990 to determine if the independent Board members are a voting majority and also at least five in number. (More) The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters.

Photo by Jocelyn Augustino.Independent Voting Board Members. President Barack Obama presents the National Medal of Arts to Karen Brooks Hopkins president of the Brooklyn Academy of Music (BAM) on behalf of BAM in a White House ceremony on July 28, 2014. Led by Chairman Alan Fishman and a dedicated board of trustees, BAM has spearheaded the creation of the Brooklyn Cultural District, helping to redefine and enliven its neighborhood. Department of State, sending American dance companies all over the world for performances, cultural exchange, and educational opportunities. Since 2010, BAM has produced DanceMotion USASM in partnership with the U.S. Its education programs reach more than 33,000 students, teachers, and families annually through in-school, after school, weekend, and summer programs. BAM is known for its international and contemporary programs in all performance disciplines, including its signature endeavor, the annual Next Wave Festival. Over the years, BAM has hosted thousands of legendary artists from all disciplines including Enrico Caruso, Isadora Duncan, Martha Graham, and Rudolf Nureyev. For over 150 years, BAM has showcased the works of both established visionaries and emerging artists who take risks and push boundaries.Īmerica’s oldest continuously operating performing arts center, the Brooklyn Academy of Music (BAM) opened in 1861.

Brooklyn Academy of Music is recognized for innovative contributions to the performing and visual arts.