EIN 95-2217011

The Music Center (TMC)

IRS 501(c) type
501(c)(3)
Num. employees
1,226
Year formed
1961
Most recent tax filings
2023-06-01
Description
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.
Also known as...
Performing Arts Center of Los Angeles County
Total revenues
$65,310,857
2023
Total expenses
$76,979,540
2023
Total assets
$137,002,915
2023
Num. employees
1,226
2023

Program areas at TMC

Center operations:tmc maintains and operates The facilities on behalf of Los Angeles County. The facilities include: walt disney concert hall, dorothy chandler pavilion, ahmanson theatre, mark taper forum, jerry moss plaza, and gloria molina grand park ("park"). The Center is home to four renowned resident companies: Center theatre group, Los Angeles master chorale, Los Angeles opera company, and Los Angeles philharmonic association. Tmc provides facility maintenance, security, guest services, production, and scheduling and events management. In The current fiscal year, nearly 800,000 guests attended over 700 ticketed (see schedule o for continuation)performances in The Center's venues, reflecting a gradual increase following The covid pandemic. Tmc also manages and operates Los Angeles County's 12-acre gloria molina grand park. The park features multiuse lawns, stages, and open spaces available for both leisure and civic gatherings. The park typically has more than 1 million guests visit annually to enjoy its many ammenities. The park has become The central gathering place in Los Angeles for major holiday celebrations including july 4th and new year's eve.
Capital improvementsunder The terms of The operating agreement with The County of Los Angeles, tmc transfers title of leasehold and other capital improvements to The County of Los Angeles upon purchase. As such, tmc expenses these purchases as they are incurred. Capital improvement expenses also include debt service related to bonds payable for The 2007 mark taper forum renovation, amortization of food and beverage contract acquisition costs, and various capital improvements across The tmc campus.
Tmc arts:tmc has developed a rapidly growing artistic role in Los Angeles County. All tmc Arts' programs 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 approach applies to The range of tmc Arts programs, whether a ticketed presentation of a dance company in tmc's theatres for its "glorya kaufman presents dance at The Music Center" series, or a free and/or lowcost participatory program in The jerry moss plaza, such as tmc's "dance dtla." Many of The events produced by tmc Arts in (see schedule o for continuation)gloria molina grand park are curated in conjunction with The park's numerous community partners. Tmc initiated a new digital initiative focused on immersive technology. Tmc also manages its highly respected Arts learning programs, which typically reach 150,000 students and teachers annually and is The largest Arts education program in Los Angeles.

Grants made by TMC

GranteeGrant descriptionAmount
Center Theatre GroupGeneral Operation Assistance and Grant$247,429
Los Angeles Philharmonic Association (LAP)General Operation Assistance and Grant$168,227
Los Angeles Opera CompanyGeneral Operation Assistance and Grant$168,227
...and 1 more grant made

Who funds The Music Center (TMC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Music Center FoundationGeneral Support$1,855,196
Ring-Miscikowski FoundationUndesignated General Support$1,000,000
Glorya Kaufman FoundationConservation and Advancement of Performance Arts.$750,000
...and 90 more grants received totalling $5,024,229

Personnel at TMC

NameTitleCompensation
Rachel S MoorePresident and Chief Executive Officer$924,544
Howard ShermanExecutive Vice President and Chief Operating Officer , the Music Center Ops. / Exececutive Vice President , Chief Operating Officer / Executive Vice President and Chief Operating Officer / Interim President and Executive Vice President , Chief Operating Officer / Interim President , and Executive Vice President , Chief Operating Officer / Interim President and Chief Operating Officer / Executive Vice President , Chief Operating Officer$337,164
William TaylorFinance and Chief Financial Officer and Assistant Treasurer$251,425
Bonnie GoodmanSenior Vice President , Marketing and Communications$255,906
Valentine GelmanSenior Vice President , Advancement$255,601
...and 10 more key personnel

Financials for TMC

RevenuesFYE 06/2023
Total grants, contributions, etc.$11,560,948
Program services$49,279,243
Investment income and dividends$2,392,131
Tax-exempt bond proceeds$0
Royalty revenue$2,561
Net rental income$598,106
Net gain from sale of non-inventory assets$-18,518
Net income from fundraising events$-292
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,496,678
Total revenues$65,310,857

Form 990s for TMC

Fiscal year endingDate received by IRSFormPDF link
2023-062024-05-14990View PDF
2022-062023-05-22990View PDF
2021-062022-05-13990View PDF
2020-062021-05-28990View PDF
2019-062020-09-29990View PDF
...and 9 more Form 990s
Data update history
July 15, 2024
Used new vendors
Identified 6 new vendors, including , , , , , and
July 13, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 46 new grant, including a grant for $1,000,000 from Ring-Miscikowski Foundation
October 26, 2023
Received grants
Identified 8 new grant, including a grant for $10,000 from Elaine and Bram Goldsmith Family Charitable Trust
August 19, 2023
Received grants
Identified 71 new grant, including a grant for $5,028,000 from The Eli and Edythe Broad Foundation
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersMusical groupsCharities
Issues
Arts, cultural, and humanities
Characteristics
Fundraising eventsState / local levelReceives government fundingCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
135 N Grand Ave
Los Angeles, CA 90012
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
musiccenter.org/ 
Phone
(213) 972-7211
Facebook page
MusicCenterLA 
Twitter profile
@musiccenterla 
IRS details
EIN
95-2217011
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1961
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A61: Performing Arts Centers
NAICS code, primary
711130: Musical Groups and Artists
Parent/child status
Independent
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