EIN 85-1467296

Music Matters Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2022
Most recent tax filings
2023-12-01
NTEE code, primary
Description
Music Matters Fund is a private foundation in Santa Barbara, CA, which was founded in 2022 and most recently had $2,637,680 in revenue and no employees.
Also known as...
Live Music Society
Total revenues
$2,637,680
2023
Total expenses
$1,378,329
2023
Total assets
$1,290,963
2023
Num. employees
0
2023

Program areas at Music Matters Fund

To recognize and protect small venues and listening rooms across the united states so that live Music can remain accessible to all, by supporting initiatives that promote and preserve the performance and experience of live Music, including awarding grants to intimate venues that nurture emerging musicians, help sustain the careers of established and under-recognized Music makers, and ensure affordable access to live Music in traditionally underserved communities.
Music Matters Fund Inc. Purchased a property in 2023 in order to partner with nonprofit organization house of songs as they established a songwriting retreat and performance space in austin, Texas. The program revenue represents below-market lease payments.

Grants made by Music Matters Fund

GranteeGrant descriptionAmount
Caffe LenaProject Support$40,000
PassimProject Support$39,500
Muse Performance SpaceProject Support$30,000
...and 13 more grants made

Who funds Music Matters Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustPublic, Societal Benefit$2,250,000

Personnel at Music Matters Fund

NameTitleCompensation
Joyce LimPresident$0

Financials for Music Matters Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$2,617,680
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$20,000
Total revenues$2,637,680

Form 990s for Music Matters Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-20990PFView PDF
2022-122023-11-08990PFView PDF
2021-122022-11-11990PFView PDF
2020-122021-11-12990PFView PDF

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The Hope Center FoundationPlano, TX$2,953,125
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Freedom ForumWashington, DC$6,577,550
Research Corporation for Science Advancement (RCSA)Tucson, AZ$7,402,998
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Data update history
August 7, 2024
Posted financials
Added Form 990PF for fiscal year 2023
January 20, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 20, 2024
Updated personnel
Identified 1 new personnel
July 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
2549 Sycamore Canyon Rd
Santa Barbara, CA 93108
Metro area
Santa Maria-Santa Barbara, CA
County
Santa Barbara County, CA
Website URL
livemusicsociety.org/ 
IRS details
EIN
85-1467296
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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