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EIN 23-7298290

Music Center Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Los Angeles
State
California
Year formed
1973
Most recent tax filings
2023-03-01
NTEE code, primary
A12: Arts, Culture and Humanities Fund Raising and Fund Distribution
Description
The mission of Music Center Foundation is to provide endowment support to the Music center/performing arts Center of los angeles county, its education and artistic programs and resident companies through planned giving fundraising and asset management. Endowment management and financial support of programming at los angeles' Music Center.
Total revenues
$2,501,518
2023
Total expenses
$9,113,867
2023
Total assets
$285,118,946
2023
Num. employees
3
2023

Program areas at Music Center Foundation

Endowment distributions to the Music center/performing arts Center of los angeles county, its educational activities and its affiliated performing arts companies which include los angeles philharmonic association, Center theatre group, los angeles opera company and the los angeles master chorale.
The Music Center Foundation's lapa fund makes distributions to the los angeles philharmonic association.

Grants made by Music Center Foundation

GranteeGrant descriptionAmount
Los Angeles Philharmonic Association (LAP)General Support$3,138,934
The Music Center (TMC)General Support$1,855,196
Center Theatre GroupGeneral Support$1,565,158
...and 2 more grants made

Who funds Music Center Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Ruby Family FoundationGeneral Operating Support$25,000
Beatrix Finston Padway Charitable Trust for Arts and EducationSpotlight Program$25,000
The Sikand FoundationCharitable Donation 2022$10,000
...and 12 more grants received

Personnel at Music Center Foundation

NameTitleCompensation
Steven BensonPresident$362,250
Joanna D. CalabreseManager of Operations
Jennifer NhieuController
Shelby NotkinChairman$0
Kiki R. GindlerVice Chair$0
...and 4 more key personnel

Financials for Music Center Foundation

RevenuesFYE 03/2023
Total grants, contributions, etc.$1,418,180
Program services$0
Investment income and dividends$826,960
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$256,378
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$2,501,518

Form 990s for Music Center Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-032023-01-20990View PDF
2021-032022-02-14990View PDF
2020-032021-04-13990View PDF
2019-032020-09-18990View PDF
2018-032019-06-19990View PDF
...and 8 more Form 990s

Organizations like Music Center Foundation

OrganizationLocationRevenue
Seattle Symphony FoundationSeattle, WA$3,508,429
The Richmond Symphony FoundationRichmond, VA$779,431
Ascanio's PurseDenver, CO$685,843
Phantom RegimentRockford, IL$3,170,575
Walla Walla Symphony Foundation BAKER BOYER BANK TRUST & INVESTMENTWalla Walla, WA$1,584,065
Cadets Arts and EntertainmentErie, PA$1,827,091
Key ChoraleSarasota, FL$713,744
Pentangle Council on the ArtsWoodstock, VT$1,266,773
Asbury Park Music FoundationAsbury Park, NJ$1,064,544
Gasparilla Music FoundationTampa, FL$2,012,543
Data update history
December 24, 2023
Received grants
Identified 3 new grant, including a grant for $10,000 from The Sikand Foundation
September 23, 2023
Received grants
Identified 1 new grant, including a grant for $1,200 from Daniel Paul and Barbara Ann Horwitz Foundation
August 20, 2023
Received grants
Identified 8 new grant, including a grant for $50,000 from Mike Curb Foundation
June 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 9, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsArts, culture, and humanities nonprofitsPerforming arts organizationsMusical groupsCharities
Issues
Arts, cultural, and humanities
Characteristics
Operates donor advised fundsProvides grantsOperates internationallyState / local levelEndowed supportTax deductible donations
General information
Address
135 N Grand Ave
Los Angeles, CA 90012
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
musiccenterfoundation.org/ 
Phone
(213) 972-8046
Twitter profile
@musiccenterla 
IRS details
EIN
23-7298290
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A12: Arts, Culture and Humanities Fund Raising and Fund Distribution
NAICS code, primary
711130: Musical Groups and Artists
Parent/child status
Independent
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