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MUSICARES FOUNDATION INC

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Public IRS 990 nonprofit record

MUSICARES FOUNDATION INC

EIN 95-4470909 · Arts, Culture & Humanities (A68Z)

What they do

MUSICARES HELPS THE HUMANS BEHIND THE MUSIC BECAUSE MUSIC GIVES SO MUCH to THE WORLD. MUSICARES PROVIDES A SAFETY NET of CRITICAL HEALTH and WELFARE SERVICES to THE MUSIC COMMUNITY IN THREE KEY AREAS:MENTAL HEALTH & ADDICTION RECOVERY: SUPPORT, REFERRALS, and EMERGENCY FINANCIAL ASSISTANCE for COUNSELING, PSYCHIATRIC CARE, INPATIENT TREATMENT, COACHING, INTENSIVE OUTPATIENT CARE, SOBER LIVING, and MORE.HEALTH SERVICES: FINANCIAL ASSISTANCE DURING MEDICAL CRISES and PREVENTIVE SERVICES SUCH AS DENTAL and MEDICAL SCREENINGS, HEARING CLINICS, VOCAL HEALTH WORKSHOPS, and ASSISTANCE OBTAINING LOW-COST HEALTH INSURANCE.HUMAN SERVICES: SUPPORT for BASIC LIVING EXPENSES LIKE RENT, UTILITIES, CAR PAYMENTS and INSURANCE PREMIUMS IN TIMES of HARDSHIP, PLUS PROGRAMS ADDRESSING AFFORDABLE HOUSING, CAREER DEVELOPMENT, LEGAL ISSUES, and SENIOR SERVICES.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $87.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders27 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

76.73%of revenue went to mission work87.9% of expenses · Program services
4.55%of revenue went to fundraising5.2% of expenses
$87.26spent for every $100 of revenueRevenue covered expenses this year.
5.98%of revenue went to management and office costs6.9% of expenses
$1.53in assets for every $1 spent this yearSome assets cannot be spent right away.
102.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $427,813 for LAURA SEGURA (EXECUTIVE DIRECTOR (TO 5/25)). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$28,826,852
Mission workProgram services$22,117,70576.73% of revenue87.9% of expenses
ManagementOffice and general costs$1,724,2295.98% of revenue6.9% of expenses
FundraisingAsking for donations$1,311,9094.55% of revenue5.2% of expenses
Revenue left after expensesReported annual surplus$3,673,00912.74% of revenueShown in gray on the chart
Total expenses$25,153,84387.26% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 87.9% mission · 6.9% management · 5.2% fundraisingTotal expenses: 87.26% of revenue
2023Expense mix: 74.8% mission · 13.6% management · 11.6% fundraisingTotal expenses: 84.19% of revenue
2022Expense mix: 74.9% mission · 14.0% management · 11.0% fundraisingTotal expenses: 83.56% of revenue
2021Expense mix: 74.5% mission · 12.7% management · 12.8% fundraisingTotal expenses: 95.17% of revenue
2020Expense mix: 79.6% mission · 13.1% management · 7.2% fundraisingTotal expenses: 109.25% of revenue
2019Expense mix: 91.2% mission · 5.4% management · 3.4% fundraisingTotal expenses: 83.01% of revenue
2018Expense mix: 80.7% mission · 10.8% management · 8.6% fundraisingTotal expenses: 106.17% of revenue
2017Expense mix: 78.7% mission · 12.8% management · 8.5% fundraisingTotal expenses: 116.12% of revenue

Money in and money out

Revenue$28,826,852
Expenses$25,153,843
Annual surplus $3,673,009 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$22,117,705 · 87.9% of expenses
Management and office costs$1,724,229 · 6.9% of expenses
Fundraising$1,311,909 · 5.2% of expenses
See all reported dollar amounts
Revenue$28,826,852
Expenses$25,153,843
Assets$38,379,586
Income$35,843,484
Contributions$29,513,057
Mission work (program services)$22,117,705
Fundraising$1,311,909
Grants given$38,659
Average grant$12,886
Management and general$1,724,229
Stocks and bonds$23,442,775
Accounting fees$85,690
Investing fees$183,570
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
LAURA SEGURAEXECUTIVE DIRECTOR (TO 5/25) · 40 hrs/week $427,813Base $382,200 · Other $45,613
RYAN DONAHUESR. MANAGING DIRECTOR · 40 hrs/week $229,477Base $177,193 · Other $52,284
THERESA WOLTERSVP (TO 5/25), EXEC DIR (FROM 5/25) · 40 hrs/week $225,655Base $212,532 · Other $13,123
VIRGINIA FADDYMANAGING DIRECTOR · 40 hrs/week $207,786Base $158,752 · Other $49,034
LINDSEY BURRISSR. MANAGING DIRECTOR · 40 hrs/week $205,781Base $164,087 · Other $41,694
JENNIFER LEFFMANAGING DIRECTOR · 40 hrs/week $200,447Base $144,074 · Other $56,373
WYNNIE WYNNMANAGING DIRECTOR · 40 hrs/week $155,802Base $137,305 · Other $18,497

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (27)

LAURA SEGURAEXECUTIVE DIRECTOR (TO 5/25)

RYAN DONAHUESR. MANAGING DIRECTOR

THERESA WOLTERSVP (TO 5/25), EXEC DIR (FROM 5/25)

VIRGINIA FADDYMANAGING DIRECTOR

LINDSEY BURRISSR. MANAGING DIRECTOR

JENNIFER LEFFMANAGING DIRECTOR

WYNNIE WYNNMANAGING DIRECTOR

PJ MORTONDIRECTOR

ALI HARNELLDIRECTOR

AMBROSIA HEALYVICE-CHAIR

CARIANNE MARSHALLDIRECTOR

TAMMY HURTDIRECTOR

TAMARA HRIVNAKDIRECTOR

STEVE BOOMCHAIR

CHRISTINE ALBERTDIRECTOR

ROB LIGHTDIRECTOR

RITA WILSONDIRECTOR

HARVEY MASON JRCEO

PHYLICIA FANTDIRECTOR

MARTY HOMDIRECTOR (FROM 8/24)

MANUEL ABUDDIRECTOR

CORAN CAPSHAWDIRECTOR (FROM 8/24)

DONNA CASEINEDIRECTOR

DR CHELSEA GREENDIRECTOR (FROM 6/25)

JEFF JONESDIRECTOR

JEFF HARLESTONSECRETARY/TREASURER

IRVING AZOFFDIRECTOR (FROM 8/24)

About this charity

Recognized since
January 1994
Location
3030 OLYMPIC BLVD, SANTA MONICA, CA 90404-5073
County
Los Angeles
In care of
HARVEY MASON JR
Primary officer
HARVEY MASON JR, CEO

How to reach them

WebsiteVisit the charity’s website Emailmusicares@musicares.org Phone(310) 392-3777

Filing and classification

Latest tax year
2024
Tax period began
August 1, 2024
Return type
990
Tax preparer
DELOITTE TAX LLP
NTEE classification
Arts, Culture & Humanities (A68Z)
IRS tax category
Other Grantmaking and Giving Services
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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