EIN 84-4074007

Shearer-Owen Music Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2021
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Shearer-Owen Music Foundation is a private foundation located in Sherman Oaks, CA. It primarily funds instrumental music teachers, the production of ten streaming concerts, and the creation of a hybrid community center, museum, and organization headquarters. The Krewe Of Red Beans and others are among its grantees. Last year, the foundation made three grants.
Total revenues
$1,148,210
2023
Total expenses
$114,546
2023
Total assets
$2,776,318
2023
Num. employees
0
2023

Grants made by Shearer-Owen Music Foundation

GranteeGrant descriptionAmount
Jazz Foundation of America (JFA)Emergency Assistance for Jazz and Blues Artists$50,000
Maestra MusicWomen and Nonbinary Musician Programs$50,000

Personnel at Shearer-Owen Music Foundation

NameTitleCompensation
John PowerPresident$0

Financials for Shearer-Owen Music Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,085,200
Investment income and dividends$63,819
Net rental income$0
Net gain from sale of non-inventory assets$-809
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,148,210

Form 990s for Shearer-Owen Music Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990PFView PDF
2022-122023-11-15990PFView PDF
2021-122022-11-10990PFView PDF
2020-122021-11-12990PFView PDF
2019-122021-11-03990PFView PDF

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Data update history
January 19, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990PF for fiscal year 2020
June 27, 2023
Updated personnel
Identified 3 new personnel
June 5, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donationsNo full-time employees
General information
Address
15303 Ventura Blvd 1600
Sherman Oaks, CA 91403
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Phone
(818) 793-5730
IRS details
EIN
84-4074007
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2021
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
California AB-488 details
AB 488 status
May Not Operate or Solicit for Charitable Purposes
Charity Registration status
Delinquent
FTB status revoked
Not revoked
AG Registration Number
CT0274245
FTB Entity ID
4551552
AB 488 data last updated ("as-of") date
2025-01-15
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