EIN 95-4470909

MusiCares Foundation

IRS 501(c) type
501(c)(3)
Num. employees
36
Year formed
1989
Most recent tax filings
2023-07-01
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
$15,259,540
2023
Total expenses
$12,751,561
2023
Total assets
$30,052,960
2023
Num. employees
36
2023

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.
The day that music cares: the annual day of service brings music professionals and fans together to volunteer at the local level and make a difference in their communities. The day of service showcases the benefits of community on the music ecosystem's mental health.
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
Uja-Federation of New YorkGeneral Contribution$9,275

Who funds MusiCares Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Recording AcademyContribution and Program Service Support$3,601,230
The Living Legacy Foundation of MarylandGeneral Support$100,000
Network for GoodUnrestricted$80,176
...and 38 more grants received totalling $4,732,816

Personnel at MusiCares Foundation

NameTitleCompensation
Harvey MasonChief Executive Officer$0
Judy WongFormer Vice President , Finance$233,193
Theresa WoltersVice President , Health and Human Services
Jennifer LeffManaging Director , Human Services$130,490
Laura SeguraExecutive Director$335,331
...and 25 more key personnel

Financials for MusiCares Foundation

RevenuesFYE 07/2023
Total grants, contributions, etc.$16,443,223
Program services$0
Investment income and dividends$1,588,856
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,159,153
Net income from fundraising events$-2,452,418
Net income from gaming activities$0
Net income from sales of inventory$1,345
Miscellaneous revenues$837,687
Total revenues$15,259,540

Form 990s for MusiCares Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-072024-06-17990View PDF
2022-072023-06-15990View PDF
2021-072022-06-09990View PDF
2020-072021-06-15990View PDF
2019-072020-08-26990View PDF
...and 9 more Form 990s
Data update history
August 14, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 6, 2024
Updated personnel
Identified 2 new personnel
July 31, 2024
Used new vendors
Identified 3 new vendors, including , , and
July 21, 2024
Received grants
Identified 4 new grant, including a grant for $3,601,230 from Recording Academy
May 18, 2024
Received grants
Identified 12 new grant, including a grant for $3,218,566 from Recording Academy
Nonprofit Types
Human service organizationsFamily service centersHeadquarter / parent organizationsCharities
Issues
Arts, cultural, and humanitiesHuman services
Characteristics
Fundraising eventsOperates internationallyNational levelEndowed supportCommunity engagement / volunteeringGala fundraisersAuction fundraisersTax deductible donationsAccepts online 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
musicares.org/about 
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
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current
FTB status revoked
Not revoked
AG Registration Number
100654
FTB Entity ID
1916343
AB 488 data last updated ("as-of") date
2024-10-16
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