Cause IQ organization profile

The Music Center

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

The Music Center is a performing arts center based in Los Angeles, CA that was founded in 1961. As of 2018 they had $66 million in revenue and $95 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.

EIN:
95-2217011
City:
State:
Website:
Phone:
(213) 972-7211
Facebook:
Twitter:
Founded:
1961
Type:
501(c)(3)
NTEE:
Revenue:
$66,909,149
Assets:
$95,033,462
Employees:
1,291
Fiscal year end:
June
Revenue trends:
Asset trends:

Program areas at The Music Center

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 two divisions, The Music Center ops (tmc ops), which handles all operations functions, and The Music Center Arts (tmc Arts), which oversees The organization's programming and Arts education work.tmc ops manages The Music Center's four theatres - walt disney concert hall, dorothy chandler pavilion, ahmanson theatre and mark taper forum - an outdoor 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 four renowned resident companies - Center theatre group, The Los ...

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 loss Angeles. The Music Center expenses these purchases as they are incurred. Capital expenses in 2017-18 consisted of debt service elated to The mark taper forum renovation, amortization of contract acquisition costs and various capital improvements across The Music Center campus.

Artistic programming, education, and outreach in addition to its operations role, The Music Center has a rapidly growing artistic role, led by The Music Center Arts (tmc Arts). Tmc Arts curates a world-class dance series, glorya kaufman presents dance at The Music Center, which presents prestigious ballet and contemporary dance companies; produces and presents programming in other Arts genres with a focus on engagement; and presents nationally recognized Arts education programs. The organization also offers free and low-cost public programming along with special events and activities for all ages. From its early days, The Music Center has been a pioneer in Arts education and offers a multi-faceted program from k-12. Millions of students have participated in Music Center Arts education programs since 1970. In 2017-2018, The Music Center's Arts education programs served more than 900 public and private schools and more than 165,000 students and educators. The Music Center also ...

Form 990s for The Music Center

Fiscal year endingDate received by IRSFormPDF link
2018-06Nov 4, 2019990View PDF
2017-06Nov 15, 2018990View PDF
2016-06Oct 2, 2017990View PDF
2015-06Aug 4, 2016990View PDF
2014-06May 14, 2015990View PDF
...and four more Form 990 PDFs

Financials for The Music Center

Field2018
Total grants, contributions, etc.$19,375,804
Program services$43,242,456
Investment income and dividends$1,569,796
Tax-exempt bond proceeds$19,158
Royalty revenue$33
Net rental income$720,105
Net gain from sale of non-inventory assets$-7,835
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,989,632
Total revenues$66,909,149

Vendors for The Music Center

VendorServicesAmount paidDate
Metropolitan Life Insurance CompanyInsurance2019-12-31
███ █████████████Insurance agent or broker$103,6462019-12-31
████ █████████ ███████ ██ █████ ███████Insurance2019-12-31
█████ ██████ ███ ████ █████████ ███████ ███ ██████████Insurance2019-12-31
███████ █████████ ███████Insurance2019-12-31
███ █████████████ ██ ██ ████ █████Insurance agent or broker$7,6902019-12-31
███ █████████████ ██ ██████████Insurance agent or broker$2,6052019-12-31
███ █████████████ ████ ██████ ████Insurance agent or broker$8162019-12-31
...and 14 more vendors

Personnel at The Music Center

NameTitleCompensationMost recent data
Rachel S. MoorePresident and Chief Executive Officer$789,353May 20, 2020
Howard ShermanExecutive Vice President and Chief Operating Officer, the Music Center Ops.$342,146May 20, 2020
███████ ██████Senior Vice President , Finance and Chief Financial Officer / Finance and Chief Financial Officer and Assistant Treasurer / Senior Vice President Finance and Chief Financial Officer and Assist Treasurer$14,756May 20, 2020
██████ ███████Senior Vice President, Marketing and Communications$258,661May 20, 2020
█████████ ██████Senior Vice President, Advancement$260,842May 20, 2020
███████ ███ █████Vice President , Guest Services-May 20, 2020
█████████ ███████Executive Vice President, the Music Center Arts-May 20, 2020
██ ███Executive Director-May 20, 2020
██████ ████████Senior Director-May 20, 2020
█████ ██████Production Manager-May 20, 2020
...and seven more key personnel

Peer performing arts centers

 NameTypeRevenueLocation
1Lincoln Center for the Performing Arts501(c)(3)$144 millionNew York, NY
2Performing Arts Fort Worth501(c)(3)$18 millionFort Worth, TX
3Vail Valley Foundation (VVF)501(c)(3)$20 millionAvon, CO
4Brooklyn Academy of Music501(c)(3)$56 millionBrooklyn, NY
5Bethel Woods Center for the Arts501(c)(3)$17 millionLiberty, NY
6McCallum Theatre501(c)(3)$17 millionPalm Desert, CA
7Bushnell Center for the Performing Arts501(c)(3)$23 millionHartford, CT
8New York City Center501(c)(3)$28 millionNew York, NY
9The Smith Center for the Performing Arts501(c)(3)$39 millionLas Vegas, NV
10Walton Arts Center Council501(c)(3)$29 millionFayetteville, AR
11Apollo Theater501(c)(3)$17 millionNew York, NY
12Adrienne Arsht Center for the Performing Arts501(c)(3)$43 millionMiami, FL
13Fox Theatre501(c)(3)$29 millionAtlanta, GA
14Des Moines Performing Arts501(c)(3)$19 millionDes Moines, IA
15Proctors501(c)(3)$17 millionSchenectady, NY
16MoPOP501(c)(3)$20 millionSeattle, WA
17Playhouse Square501(c)(3)$94 millionCleveland, OH
18Providence Performing Arts Center (PPAC)501(c)(3)$18 millionProvidence, RI
19Wolf Trap Foundation for the Performing Arts501(c)(3)$38 millionVienna, VA
20Omaha Performing Arts (OPAS)501(c)(3)$27 millionOmaha, NE
21Kravis Center501(c)(3)$39 millionWest Palm Beach, FL
22Theatre Development Fund (TDF)501(c)(3)$17 millionNew York, NY
23Kimmel Center501(c)(3)$67 millionPhiladelphia, PA
24Peace Center501(c)(3)$25 millionGreenville, SC
25Count Basie Center for Theatre Arts501(c)(3)$17 millionRed Bank, NJ