Drum Major Institute
TO FOCUS ON WORKING TO ERADICATE POVERTY, RACISM AND MILITARISM/VIOLENCE, THROUGH ADVOCACY, EMPOWERMENT AND EDUCATION, TO WORK TOGETHER TO CREATE A VIBRANT, COMMUNITY-BASED SOCIETY FOCUSED ON SOCIAL JUSTICE, PEACE, ENRICHING LIVES AND WORKING TO FURTHER REALIZE THE DREAM.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$269K
-62.1% YoY
Annual Giving
$335K
Grant Count
16
Avg Grant Size
$21K
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $268,585 | $709,146 | $190,793 |
| Revenue | $806,260 | $1,100,854 | $343,800 |
| Expenses | $1,265,544 | $529,911 | $354,497 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Drum Major Institute fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM B WECHTEL | TREASURER | 10 | — |
| MARTIN LUTHER KING III | CHAIRMAN | 50 | $160,417 |
| ARNDREA WATERS KING | PRESIDENT | 50 | $175,000 |
| VERNA JENNINGS CLEVELAND | SECRETARY | 10 | — |
| JEH C JOHNSON | MEMBER | 2 | — |
| SCOTT RECHLER | MEMBER | 2 | — |
| NORMAN OMSTEIN | MEMBER | 2 | — |
| DAN ROBERTI | MEMBER | 3 | — |
| ERIC N GIOIA | MEMBER | 1 | — |
| FREDERICK DAVIE | MEMBER | 1 | — |
| LISA GIOIA | MEMBER | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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