EIN 95-4470909

MusiCares Foundation

IRS 501(c) type
501(c)(3)
Num. employees
30
Year formed
1989
Most recent tax filings
2022-07-01
Description
MusiCares helps the humans behind music because music gives so much to the world. Offering preventive, emergency, and recovery programs, MusiCares is a safety net supporting the health and welfare of the music community.
Total revenues
$12,363,939
2022
Total expenses
$11,766,269
2022
Total assets
$27,300,020
2022
Num. employees
30
2022

Program areas at MusiCares Foundation

Financial assistance: Musicares provides up to $10,000 annually for emergency basic living, medical, or other needs with a lifetime maximum of $15,000. Under extraordinary circumstances, grants may be extended to $25,000 based upon a unique need. Assistance is provided to recording industry personnel, including creative and technical personnel (i.e., musicians, composers, engineers, producers, etc. ), music business staff (i.e., record label staff, management companies, entertainment attorneys, music retailers), and other members of the music community who have been employed in the industry for at least five years. These grants are made available to music people facing an unforeseen medical, personal, or financial crisis. This can include payments for health care professionals and prescriptions, rent/mortgage payments, health insurance premiums, and costs for other basic living support services. Through its community outreach and education programs, the Foundation also provides workshops, seminars, and individual consultations to members of the music community on topics related to general health and human service needs. It also provides ideas and resources for proactively addressing those issues.
Covid-19 relief: Musicares provides financial assistance of up to $2,000 to recording industry personnel, including creative and technical personnel (i.e. Musicians, composers, engineers, producers, etc. ), music business staff (i.e. Record label staff, management companies, entertainment attorneys, music retailers), and other members of the music community who have been employed in the industry for at least three years. These grants are made available to music people facing a loss of work and/or income due to the covid-19 pandemic. The emergency funds are issued directly to the applicant.
Mental health & addiction recovery (formerly map fund): Musicares provides emergency financial assistance to individuals within the music community facing addiction. Assistance limits are $8,500 per year with a lifetime limit of $15,000. The program may provide payment for inpatient treatment, sober living, and/or other expenses related to recovery. The program also provides a support network of recovery resources for music people who are touring throughout the country. In addition, the Foundation provides workshops and coordinates meetings of industry professionals to discuss the problems of chemical dependency and discuss specific strategies for intervention for individuals within the music community.
Musicares also provides various grants to other tax-exempt organizations.

Grants made by MusiCares Foundation

GranteeGrant descriptionAmount
Seattle FoundationProvided Funding at the Direction of Artist Who Agreed To Be Honoree for MC Event.$12,204

Who funds MusiCares Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Recording AcademyContributions and Program Service Support$3,218,566
Recording AcademyContributions and Program Service Support$3,218,566
The Living Legacy Foundation of MarylandGeneral Support$100,000
...and 38 more grants received totalling $7,550,984

Personnel at MusiCares Foundation

NameTitleCompensation
Harvey Mason JR.Chief Executive Officer$0
Judy WongFormer Vice President , Finance$233,193
Debbie CarrollVice President , Health and Human Services$197,810
Theresa WoltersVice President, Health and Human Services
Janoc VanceManaging Director, Mental Health and Addiction Recovery Services
...and 27 more key personnel

Financials for MusiCares Foundation

RevenuesFYE 07/2022
Total grants, contributions, etc.$12,686,116
Program services$0
Investment income and dividends$1,817,276
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$56,212
Net income from fundraising events$-2,793,101
Net income from gaming activities$0
Net income from sales of inventory$880
Miscellaneous revenues$596,556
Total revenues$12,363,939

Form 990s for MusiCares Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-072023-06-15990View PDF
2021-072022-06-09990View PDF
2020-072021-06-15990View PDF
2019-072020-08-26990View PDF
2018-072019-09-14990View PDF
...and 8 more Form 990s
Data update history
December 26, 2023
Received grants
Identified 35 new grant, including a grant for $3,218,566 from Recording Academy
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 3, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 26, 2023
Updated personnel
Identified 24 new personnel
July 23, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Human service organizationsFamily service centersHeadquarter / parent organizationsCharities
Issues
Arts, cultural, and humanitiesHuman services
Characteristics
Fundraising eventsOperates internationallyNational levelEndowed supportCommunity engagement / volunteeringGala fundraisersAuction fundraisersFundraising races, competitions, and tournamentsTax deductible donations
General information
Address
3030 Olympic Blvd
Santa Monica, CA 90404
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
main-amplify.d19o9d474hhukg.amplifyapp.com/ 
Phone
(310) 392-3777
Facebook page
MusiCares 
Twitter profile
@musicares 
IRS details
EIN
95-4470909
Fiscal year end
July
Taxreturn type
Form 990
Year formed
1989
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
P20: Human Service Organizations
NAICS code, primary
624190: Individual and Family Services
Parent/child status
Independent
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