NonprofitsMusic Center Foundation

Arts, Culture & Humanities

Music Center Foundation

LOS ANGELES, CA

Total revenue

$10.5M

Total expenses

$10.1M

Net assets

$207.8M

Grants received

$1.5M

56 grants

EIN

237298290

Tax year

2023

Mission

Endowment management and financial support of programming at los angeles' music center

Programs

1 program

The music center foundation's lapa fund makes distributions to the los angeles philharmonic association.

Expenses: $1.7MGrants: $1.7M

Financials

FY 2023

Revenue

Contributions & grants$7.0M
Program service revenue
Investment income$3.5M
Other revenue
Total revenue$10.5M

Expenses

Grants paid$9.0M
Salaries & benefits$723K
Fundraising$484K
Other expenses$329K
Total expenses$10.1M
Total assets$306.6M
Net assets$207.8M

People

16 listed

NameRoleCompensation

STEVEN T BENSON

PRESIDENT

Board

$363K

40 hrs/wk

KIKI R GINDLER

VICE CHAIRMAN

Board

1 hrs/wk

KENNETH S WILLIAMS

SECRETARY/TREASURER

Board

1 hrs/wk

THOMAS L BECKMEN

DIRECTOR

Board

1 hrs/wk

JOHN B EMERSON

DIRECTOR

Board

1 hrs/wk

AMY R FORBES

DIRECTOR

Board

1 hrs/wk

DARELL L KRASNOFF

DIRECTOR

Board

1 hrs/wk

KENT KRESA

DIRECTOR (THRU 05/2023)

Board

1 hrs/wk

SHELBY NOTKIN

CHAIRMAN

Board

1 hrs/wk

KELSEY N MARTIN

DIRECTOR

Board

1 hrs/wk

ELIZABETH MICHELSON

DIRECTOR

Board

1 hrs/wk

CINDY MISCIKOWSKI

DIRECTOR

Board

1 hrs/wk

JEFFREY SOROS

DIRECTOR

Board

1 hrs/wk

PHILIP SWAN

DIRECTOR

Board

1 hrs/wk

SUE WEGLEITNER

DIRECTOR

Board

1 hrs/wk

KEITH LEONARD

DIRECTOR

Board

1 hrs/wk

Independent contractors

MONTICELLO ASSOCIATES INC

INVESTMENT CONSULTANT

$300K

MOSS ADAMS

AUDIT AND TAX SERVICES

$104K

Grants received

Showing 56 of 56

FromAmountPurposeYear
$25K
ARTS AND CULTURE
2024
$10K
GENERAL OPERATING SUPPORT
2024
$8K
GENERAL OPERATING SUPPORT
2024
$4K
SUPPORT FOR ARTS AND EDUCATIONAL SERVICES
2024
$800
General & Unrestricted
2024
$51K
For grant recipient's exempt purposes
2023
$25K
GENERAL OPERATING SUPPORT
2023
$10K
THIS GRANT IS DESIGNATED FOR GENERAL SUPPORT.
2023
$10K
GENERAL SUPPORT
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$3K
SUPPORT FOR ARTS AND EDUCATIONAL SERVICES
2023
$2K
GENERAL OPERATING
2023
$1K
PERFORMING ARTS AND EDUCATION
2023
$800
General & Unrestricted
2023
$95K
DEBORAH M. HYDE BLUE RIBBON CHILDREN'S FESTIVAL FUND. THIS GRANT WAS MADE POSSIBLE FROM DEBORAH M. HYDE DUE TO HER GENEROUS CONTRIBUTION AND DESIRE TO SUPPORT YOUR ORGANIZATION'S GREAT WORK.
2022
$25K
GENERAL OPERATING SUPPORT
2022
$10K
GENERAL SUPPORT
2022
$7K
GENERAL OPERATING
2022
$3K
SUPPORT FOR ARTS AND EDUCATIONAL SERVICES
2022
$1K
General Contribution
2022
$1K
GENERAL SUPPORT
2022
$1K
PERFORMING ARTS AND EDUCATION
2022
$800
General & Unrestricted
2022
$50K
GENERAL
2021
$25K
TO CONTRIBUTE TO CHARITABLE PURPOSES
2021
$10K
For recipient's exempt purpose
2021
$10K
CHARITABLE DONATION 2022
2021
$1K
General Contribution
2021
$1K
PERFORMING ARTS AND EDUCATION
2021
$800
Founders Membership Renewal
2021
$500K
CHARITABLE CONTRIBUTION
2020
$50K
PUBLIC SUPPORT OF ORGANIZATION MISSION
2020
$9K
For grant recipient's exempt purposes
2020
$3K
SUPPORT FOR ARTS AND EDUCATIONAL SERVICES
2020
$2K
General Contribution
2020
$1K
PERFORMING ARTS AND EDUCATION
2020
$1K
Charitable Event
2020
$800
Founders Membership program
2020
$51K
For grant recipient's exempt purposes
2019
$50K
TO CONTRIBUTE TO CHARITABLE PURPOSES
2018
$6K
For grant recipient's exempt purposes
2018
$5K
General & Unrestricted
2018
$1K
PERFORMING ARTS AND EDUCATION
2018
$800
General & Unrestricted
2018
$17K
Education Arts
2017

Funded by

$1.5M from 26 funders · 56 grants · 2017–2024

Steve And Judith Krantz Foundation

$500K · 1 grant · 2020

California Community Foundation

$266K · 4 grants · 2017–2022

Fidelity Investments Charitable Gift Fund

$117K · 4 grants · 2018–2023

Hotchkis Foundation

$75K · 2 grants · 2018–2021

Edgerton Foundation

$50K · 1 grant · 2020

Ruby Family Foundation

$50K · 2 grants · 2022–2023

Mike Curb Foundation

$50K · 1 grant · 2021

Details

EIN237298290
NTEE codeA120
Subsection03
Ruling date1973-07
Formed1973
Employees3
Volunteers14
MUSIC CENTER FOUNDATION — Mission, Financials & Grants Received | Grantivo