The Music Center is a performing arts center based in Los Angeles, CA that was founded in 1961. As of 2019 they had $85 million in revenue and $98 million in assets.
The Music Center, located in the heart of downtown Los Angeles, serves more than 1.3 million people annually through performances by its four resident companies - LA Opera, the LA Phil, Center Theatre Group, and the Los Angeles Master Chorale.
Previous legal names or variations of their name include: Performing Arts Center Of Los Angeles County.
The Music Center and grand park operationsas Los Angeles County's Performing Arts Center, The Music Center convenes artists, communities and ideas with The goal of deepening The cultural lives of every resident in Los Angeles County. Each year, The Music Center welcomes more than two million people to its campus.the non-profit Performing Arts organization has three divisions, tmc ops (tmc ops), which handles all operations functions; tmc Arts, which oversees The organization's programming and Arts education work; and tmc business resources, which includes its advancement, finance and marketing and communications teams.tmc ops manages The Music Center's four theatres - walt disney concert hall, dorothy chandler pavilion, ahmanson theatre and mark taper forum - The newly renovated Music Center plaza and The 12-acre grand park, across The street from The Music Center, on behalf of The County of Los Angeles, which owns The facilities. The Music Center is also home to ...
Artistic programming, education, and outreach in addition to its operations role, The Music Center has a rapidly growing artistic role, led by tmc Arts. All tmc Arts programs-whether a more traditional proscenium-based presentation of a dance company in its glorya kaufman presents dance at The Music Center series or a participatory dance program such as The Music Center's dance dtla-are developed through The lens of engagement and with a focus on creating programs that respond to and are reflective of The diverse populations that comprise Los Angeles County. This includes more traditional proscenium-based presentations in its theatres along with free and low-cost programming on its campus and in grand park. In addition, tmc Arts manages The Music Center's nationally recognized Arts education program, which The Music Center has pioneered since its earliest days. In 2018-2019, The Music Center's Arts education programs served more than 900 public and private schools and ...
Capital improvementsunder The terms of a sublease agreement with The County of Los Angeles, The Music Center transfers title of leasehold and other capital improvements upon purchase to The County of Los Angeles. The Music Center expenses these purchases as they are incurred. Capital expenses in 2018-19 consisted of debt service related to The mark taper forum renovation, amortization of contract acquisition costs and various capital improvements across The Music Center campus.
Fiscal year ending | Date received by IRS | Form | PDF link |
---|---|---|---|
2019-06 | Sep 29, 2020 | 990 | View PDF |
2018-06 | Nov 4, 2019 | 990 | View PDF |
2017-06 | Nov 15, 2018 | 990 | View PDF |
2016-06 | Oct 2, 2017 | 990 | View PDF |
2015-06 | Aug 4, 2016 | 990 | View PDF |
...and five more Form 990 PDFs |
Field | 2019 |
---|---|
Total grants, contributions, etc. | $34,564,484 |
Program services | $45,389,302 |
Investment income and dividends | $1,490,349 |
Tax-exempt bond proceeds | $36,533 |
Royalty revenue | $732,662 |
Net rental income | $715,673 |
Net gain from sale of non-inventory assets | $-18,007 |
Net income from fundraising events | $0 |
Net income from gaming activities | $0 |
Net income from sales of inventory | $0 |
Miscellaneous revenues | $2,129,428 |
Total revenues | $85,040,424 |
Vendor | Services | Amount paid | Date |
---|---|---|---|
Singerlewak LLP | Tax accounting; Audit accounting | 2020-07-09 | |
████████████ ████ █████████ ███████ | Insurance | 2019-12-31 | |
███ █████████████ | Insurance agent or broker | $103,646 | 2019-12-31 |
████ █████████ ███████ ██ █████ ███████ | Insurance | 2019-12-31 | |
█████ ██████ ███ ████ █████████ ███████ ███ ██████████ | Insurance | 2019-12-31 | |
███████ █████████ ███████ | Insurance | 2019-12-31 | |
███ █████████████ ██ ██ ████ █████ | Insurance agent or broker | $7,690 | 2019-12-31 |
███ █████████████ ██ ██████████ | Insurance agent or broker | $2,605 | 2019-12-31 |
...and 14 more vendors |
Name | Title | Compensation | Most recent data |
---|---|---|---|
Rachel S. Moore | President and Chief Executive Officer / Board Member | $818,787 | May 20, 2020 |
Howard Sherman | Executive Vice President and Chief Operating Officer, the Music Center Ops. | $343,237 | May 20, 2020 |
███████ ██████ | Senior Vice President , Finance and Chief Financial Officer / Finance and Chief Financial Officer and Assistant Treasurer / Board Member | $254,373 | Sept. 29, 2020 |
██████ ███████ | Senior Vice President, Marketing and Communications | $259,184 | May 20, 2020 |
█████████ ██████ | Senior Vice President, Advancement | $261,273 | May 20, 2020 |
███████ ███ █████ | Vice President , Guest Services | - | May 20, 2020 |
█████████ ███████ | Executive Vice President, the Music Center Arts | - | May 20, 2020 |
██ ███ | Executive Director | - | May 20, 2020 |
█████ ██████ | Production Manager | - | May 20, 2020 |
████ ██████ | House Manager, Walt Disney | - | May 20, 2020 |
...and eight more key personnel |