The Musicians Aid Society of New York
The Musicians Aid Society of New York is a private foundation based in New York, New York. It supports musicians; its 2025 filing reports grants to 22 musicians to assist with recording sessions.
The Musicians Aid Society of New York at a glance
In short: The Musicians Aid Society of New York gave $66K across 22 grants in 2025 (avg $3K), mostly in Florida. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $65,963
- +13.9% vs 2024
- Grants made (2025)
- 22
- -12.0% vs 2024
- Average grant
- $2,998
- +29.4% vs 2024
- Median grant
- $396
- Total assets
- $317,726
- -3.5% vs 2024
- Primary geography
- Florida (53% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
How to apply to The Musicians Aid Society of New York
- How to Apply
-
The foundation does not restrict giving to preselected organizations. Requests must be made in writing. The filing lists no restrictions on awards.
- Contact
Application contact: The Musician'S Aid Society Of New Y
Mailing address: 338 East 106Th Street First Floor, New York, NY 10029
Phone: (917) 834-0026
Website: https://www.musicians-aid.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Musicians Aid Society of New York funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Doug South ($31K). Together the top 10 received $63K.
Grant Size Distribution
98 grants across all recorded years
The most common grant size was under $50K: 97 grants of 98 (99%).
Geographic Focus
Where this funder awards grants
The website describes the foundation’s focus as the New York metropolitan area. Its 2025 grants went to recipients in Florida, New York, Arizona, California, and Nevada. Florida received 53% of grant dollars, New York 25%, Arizona 20%, California 2%, and Nevada 1%, as reported in the filing.
Grant Distribution by State
Share of 2025 grant dollars across all 22 itemized grants.
States
Cities
How The Musicians Aid Society of New York gives
- Giving held roughly steady from 2022 to 2025 (−18%). Method
- In 2025 it paid out 268% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $38K (2023) to $165K (2020). In 2025 it made 22 grants totaling $66K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Doug South Land O Lakes, FL | Musical Assistance | $30,675 |
| Katy Martin Tucson, AZ | Musical Assistance | $13,000 |
| Mike Ledonne New York, NY | Musical Assistance | $11,300 |
| Mario Marsicano New York, NY | Musical Assistance | $2,045 |
| Dan Foreit Crystal Beach, FL | Musical Assistance | $2,000 |
| Andrew Fried Ridgewood, NY | Musical Assistance | $1,075 |
| Cody Doss Topanga, CA | Musical Assistance | $1,060 |
| Tom Kaelin Sea Cliff, NY | Musical Assistance | $830 |
| Elliott Dickenson Pinellas Park, FL | Musical Assistance | $579 |
| Brian Morgan Miami, FL | Musical Assistance | $550 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $317,726 | $65,286 | $76,696 | $65,963 | 22 | $72,417 | $8,672 | $26,986 |
| 2024 | $329,136 | $54,152 | $62,054 | $57,932 | 25 | $61,595 | $11,493 | $26,295 |
| 2023 | $337,038 | $99,107 | $71,253 | $37,528 | 17 | $67,995 | $7,906 | $22,529 |
| 2022 | $309,184 | $93,065 | $106,437 | $80,734 | 25 | $100,691 | — | $22,156 |
| 2021 | $322,556 | $50,848 | $111,512 | $84,804 | 9 | $110,504 | — | $24,637 |
| 2020 | $383,220 | $204,485 | $187,696 | $164,670 | 13 | — | $1,122 | $22,034 |
Under IRS private-foundation payout rules, The Musicians Aid Society of New York reported a distributable amount of $27K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The organization’s website says its mission is to provide resources for the artistic and musical growth of deserving musicians in the New York metropolitan area and to promote musical education and artistic development. Its 2025 filing describes grants for recording sessions.
Grantmaking
In 2025, the foundation gave $65,963 through 22 grants. Grant amounts ranged from $100 to $30,675, with a median of $396. The largest reported grants were $30,675, $13,000, and $11,300, each for musical assistance. The filing says the grants went to musicians to assist with recording sessions.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Gregory Koerner as President and Derrick Hussey as Chairman.
The Musicians Aid Society of New York is led by Gregory Koerner, President on every filing since 2020; none of the 2 officers listed in 2025 report compensation.
Officers on the 2025 filing
Gregory Koerner
President
On filings since 2020
4 hrs/week
No compensation reported
Derrick Hussey
Chairman
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Musicians Aid Society of New York
How much does The Musicians Aid Society of New York give each year?
The Musicians Aid Society of New York gave $66K across 22 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $58K across 25 grants.
What is The Musicians Aid Society of New York's typical grant size?
The Musicians Aid Society of New York's median grant in 2025 was $396, and its average grant was $2,998, across 22 grants on its 2025 IRS Form 990-PF.
Where does The Musicians Aid Society of New York give grants?
The Musicians Aid Society of New York gives mostly in Florida: 53% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were New York (25%) and Arizona (20%). The most frequent recipient cities were New York, NY (4 grants) and St Petersburg, FL (4 grants).
Does The Musicians Aid Society of New York give general operating support?
Not in 2025: none of the 22 grants with a stated purpose on The Musicians Aid Society of New York's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Musical Assistance" (22 grants).
Who are The Musicians Aid Society of New York's largest grantees?
The Musicians Aid Society of New York's largest 2025 grantees include Doug South ($30,675), Katy Martin ($13,000) and Mike Ledonne ($11,300), according to its 2025 IRS Form 990-PF. Together they received 83% of its itemized 2025 grant dollars.
How large is The Musicians Aid Society of New York?
The Musicians Aid Society of New York reported $318K in total assets on its 2025 IRS Form 990-PF. It paid out $72K in qualifying distributions that year, against a required minimum of $27K (roughly 5% of its investment assets).
What does The Musicians Aid Society of New York fund?
The organization’s website says its mission is to provide resources for the artistic and musical growth of deserving musicians in the New York metropolitan area and to promote musical education and artistic development. Its 2025 filing describes grants for recording sessions. See mission & focus areas ↑
How do I apply for a grant from The Musicians Aid Society of New York?
The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Musicians Aid Society of New York's EIN?
The Musicians Aid Society of New York's EIN (Employer Identification Number) is 13-3880269. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Musicians Aid Society of New York funds
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Figures come from The Musicians Aid Society of New York's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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