2021-11-15T16:12:31-06:00 2020-12-31 843825102 KSP CONSULTING 3020 OLD RANCH PARKWAY STE 300 SEAL BEACH CA 90740 990 2020-01-01 203436786 THE GUITAR CENTER MUSIC FOUNDATION GUIT 8187068742 PO BOX 6185 THOUSAND OAKS CA 91359 LYNN ROBISON EXECUTIVE DIRECTOR 8187068742 2021-11-14 1 LYNN ROBISON 999009999 P01998968 4242007878 X 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z LYNN ROBISON PO BOX 6185 THOUSAND OAKS CA 91359 340195 0 X WWW.GUITARCENTERFOUNDATION.ORG X 2005 CA DONATE RESOURCES TO MUSIC EDUCATION AND THERAPY PROGRAMS SO THAT THEY CAN OFFER MORE PEOPLE THE OPPORTUNITY TO MAKE MUSIC. 11 11 3 11 0 0 241888 337169 0 0 2 0 14424 -4977 256314 332192 62525 61482 0 0 120878 104925 0 0 15000 41779 23851 225182 190258 31132 141934 238872 390784 10390 24382 228482 366402 MAKE MUSIC AVAILABLE TO EVERYONE IN THE COMMUNITIES IN WHICH WE SERVE, TO PROMOTE ITS IMPORTANCE THROUGH EDUCATION AND MEDIA INITIATIVES, AND TO PROVIDE FINANCIAL AND IN-KIND RESOURCES IN COLLABORATION WITH OTHER ORGANIZATIONS TO ACHIEVE OUR COMMON GOAL. 0 0 147613 61482 MAKING MUSIC AVAILABLE TO EVERYONE IN THE COMMUNITIES IN WHICH WE SERVE, PROMOTING ITS IMPORTANCE THROUGH EDUCATION AND MEDIA INITIATIVES, AND PROVIDING FINANCIAL AND IN-KIND RESOURCES IN COLLABORATION WITH OTHER ORGANIZATIONS TO ACHIEVE OUR COMMON GOAL. FINANCIAL AND EQUIPMENT GRANTS WERE MADE TO VARIOUS SCHOOLS, MUSIC ACADEMIES, SYMPHONIES, AND OTHER PROGRAMS WITH RELATED GOALS. 147613 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 1 0 0 CA X THE ORGANIZATION 8187068742 PO BOX 6185 THOUSAND OAKS CA 91359 DAVID HELFANT CHAIRMAN 5.00 X X 0 0 0 PAUL GIMENEZ SECRETARY 3.00 X X 0 0 0 BRUCE KUHLMAN TREASURER, CFO 2.00 X X 0 0 0 ANNE BUCHANAN DIRECTOR 4.00 X 0 0 0 WAYNE COLWELL DIRECTOR 4.00 X 0 0 0 DON LOMBARDI DIRECTOR 3.00 X 0 0 0 JANIE HENDRIX DIRECTOR 2.00 X 0 0 0 MICHAEL SAMMIS DIRECTOR 2.00 X 0 0 0 RON JAPINGA DIRECTOR 2.00 X 0 0 0 SHEILA E DIRECTOR 1.00 X 0 0 0 VAL GARAY DIRECTOR 2.00 X 0 0 0 LYNN ROBISON EXECUTIVE DIRECTOR 50.00 X 80000 0 1404 80000 0 1404 0 0 0 0 0 337169 14321 337169 3026 8003 -4977 -4977 332192 0 0 -4977 61482 61482 81404 61053 12211 8140 15758 9455 4727 1576 7763 4658 2329 776 2500 2500 1231 739 369 123 3665 843 2822 3174 1905 952 317 1393 836 418 139 256 153 77 26 3400 2040 1020 340 4972 2983 1492 497 TELEPHONE 1827 1096 548 183 BANK FEES 818 818 MEALS AND ENTERTAINMENT 554 333 166 55 MISCELLANEOUS EXPENSES 61 37 18 6 190258 147613 27645 15000 50253 148783 88 88 188531 241913 238872 390784 10390 5337 0 19045 10390 24382 X 228482 366402 228482 366402 238872 390784 141934 -4014 0 X 0 0 0 X 141675 120431 247098 241888 337169 1088261 141675 120431 247098 241888 337169 1088261 372473 715788 41 11 5 2 59 1088320 65415 0.65770 0.59570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 SBA PPP LOAN 19045 19045 1 HEART OF LA FOUNDATION 2701 WILSHIRE BLVD 100 LOS ANGELES CA 90057 954397418 501(C)(3) 5130 MUSICAL INSTRUMENTS SUPPORT JORDAN HIGH SCHOOL 2265 E 103RD ST LOS ANGELES CA 90002 GOV'T 24900 MUSICAL INSTRUMENTS SUPPORT KEEPING THE BLUES ALIVE FOUNDATION 1761 W HILLSBORO BLVD 409 DEERFIELD BEACH FL 33442 275553072 501(C)(3) 6552 MUSICAL INSTRUMENTS SUPPORT 3 PART I, LINE 2: FOR ALL GRANTS MADE BY THE GUITAR CENTER MUSIC FOUNDATION, WE CONDUCT THE PROPER PRE-GRANT DUE DILIGENCE TO ENSURE THAT THE GRANT RECIPIENT IS TRULY EXEMPT. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR WORKS WITH A CPA FIRM TO COMPLETE THE FORM 990. UPON THE CPA FIRM'S COMPLETION OF THE INITIAL DRAFT, THE EXECUTIVE DIRECTOR REVIEWS IT IN DETAIL. AFTER ANY CHANGES OR CORRECTIONS ARE MADE, THE BOARD 0F DIRECTORS RECEIVES THE UPDATED DRAFT FOR REVIEW TO HELP ENSURE THAT ALL REPORTED INFORMATION IS ACCURATE. AFTER THE REVIEW IS COMPLETED AND THE RETURN HAS BEEN FINALIZED, THE ENTIRE BOARD OF DIRECTORS RECEIVES A FINAL COPY OF THE FORM 990 BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO READ THE CONFLICT OF INTEREST POLICY ANNUALLY AND SIGN OFF ON IT EACH YEAR. CONFLICTS ARE REQUIRED TO BE DISCLOSED TO THE BOARD OF DIRECTORS. THE BOARD VOTES ON ANY ACTIVITIES THAT MAY BE CONSIDERED A CONFLICT OF INTEREST BEFORE THE TRANSACTION TAKES PLACE. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY A COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THEY UTILIZE COMPARABLE DATA TO DETERMINE SALARY WITHIN THE PARAMETERS OF THE ORGANIZATION'S BUDGET. THE ORGANIZATION HAS NO OTHER INSIDERS WHO RECEIVE COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 THE FORM 990 AND THE ENTITY'S ORGANIZATIONAL DOCUMENTS ARE AVAILABLE UPON REQUEST.