Cause IQ organization profile

Musicares Foundation

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Musicares Foundation is a emergency assistance program based in Santa Monica, CA that was founded in 1989. As of 2018 they had $9.3 million in revenue and $24 million in assets.

MusiCares' primary purpose is to focus the resources and attention of the music industry on human service issues which directly impact the health and welfare of the music community.

EIN:
95-4470909
City:
State:
Metro:
Website:
Phone:
310.392.3777
Facebook:
Twitter:
Founded:
1989
Type:
501(c)(3)
NTEE:
Revenue:
$9,310,958
Assets:
$24,376,644
Employees:
21
Fiscal year end:
July
Revenue trends:
Asset trends:

Program areas at Musicares Foundation

The foundation provides financial assistance of up to $5,000 per calendar year for basic needs and $7,500 for medical illness and/or major medical conditions with a lifetime maximum of $15,000 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 five years. These grants are made available to music people facing an unforseen 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 educations 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 ...

Musicares foundation provides various grants to other tax exempt organizations.

Map fund (formerly addiction recovery initiatives) - the foundation 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 also 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.

Form 990s for Musicares Foundation

Fiscal year endingDate received by IRSFormPDF link
2018-07Sep 14, 2019990View PDF
2017-07Dec 22, 2018990View PDF
2016-07Sep 13, 2017990View PDF
2015-07Aug 11, 2016990View PDF
2014-07Jul 9, 2015990View PDF
...and four more Form 990 PDFs

Financials for Musicares Foundation

Field2018
Total grants, contributions, etc.$10,609,757
Program services$0
Investment income and dividends$1,146,531
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$32,916
Net income from fundraising events$-2,905,981
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$427,735
Total revenues$9,310,958

Vendors for Musicares Foundation

VendorServicesAmount paidDate
DrupalContent management system software2020-06-16
█████████Marketing software2020-06-16
████████ ███ ███Tax accounting2019-08-30
████ ██████Hearing Clinic Provider$739,4672018-07-01
██████ █████ █████████ ███Event Production$2,463,3512018-07-01
██████████ ███████ █████████ ██████Sobriety Treatment$316,4042018-07-01
█████████ ███ ███████ ████ ███Performance Fee$581,8122018-07-01
███ ████ ██████ ███████Event Catering$563,4702018-07-01

Personnel at Musicares Foundation

NameTitleCompensationMost recent data
Neil PortnowPresident and Chief Executive Officer$0Aug. 30, 2019
Debbie Carroll, LCSWExecutive Director$155,874July 31, 2018
█████████ ███████Communications Director-Oct. 25, 2017
████████ █████ ████Senior Director, Health and Human Services-Oct. 26, 2017
██████ ████Senior Director$105,860July 31, 2018
███████ █████ █████ ████ ██Director, Musicares and Map Fund-Oct. 26, 2017
████████ ██████Manager-Oct. 25, 2017
█████ █████Past Managing Director$106,861Oct. 26, 2017
███████ ████████Chair$0June 22, 2019
█████ ████Secretary and Treasurer$0July 31, 2018
...and three more key personnel

Peer emergency assistance organizations

 NameTypeRevenueLocation
1The Brother Benno Foundation501(c)(3)$4.9 millionOceanside, CA
2Make-A-Wish Utah501(c)(3)$3.0 millionSalt Lake City, UT
3St Vincent De Paul Society501(c)(3)$5.0 millionSan Rafael, CA
4Good Foundation / The Baby Buggy501(c)(3)$10 millionNew York, NY
5Unity Shoppe501(c)(3)$3.8 millionSanta Barbara, CA
6Catholic Charities San Bernardino & Riverside Counties501(c)(3)$6.5 millionSan Bernardino, CA
7Foothill Unity Center501(c)(3)$6.0 millionMorovia, CA
8St Francis Center of Redwood City501(c)(3)$9.3 millionRedwood City, CA
9Ecumenical Hunger Program501(c)(3)$5.3 millionEast Palo Alto, CA
10Friendly Center501(c)(3)$3.6 millionOrange, CA
11Dist C of CCC Soc of St Vincent de Paul501(c)(3)$2.8 millionPittsburg, CA
12Society OF STVINCENT DE Paul District Council OF Alameda County501(c)(3)$4.6 millionOakland, CA
13Sunnyvale Community Services501(c)(3)$7.5 millionSunnyvale, CA
14The United Company Foundation (UCF)501(c)(3)$3.5 millionBristol, VA
15El Dorado Community Foundation501(c)(3)$2.8 millionPlacerville, CA
16The Community Foundation San Luis Obispo County (SLOCCF)501(c)(3)$4.3 millionSan Luis Obispo, CA
17Central Valley Foundation (CVF)501(c)(3)$4.3 millionSacramento, CA
18Horizons Foundation501(c)(3)$8.7 millionSan Francisco, CA
19Liberty Hill Foundation501(c)(3)$14 millionLos Angeles, CA
20Martin Luther King Jr Community Health Foundation501(c)(3)$13 millionLos Angeles, CA
21Warriors Community Foundation501(c)(3)$4.1 millionOakland, CA
22The Mel and Grace McLean Foundation501(c)(3)$2.7 millionFortuna, CA
23Pasadena Community Foundation (PCF)501(c)(3)$12 millionPasadena, CA
24Humboldt Area Foundation501(c)(3)$12 millionBayside, CA
25Redlands Community Hospital Foundation501(c)(3)$7.3 millionRedlands, CA

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