MUSIC CENTER FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- MUSIC CENTER FOUNDATION (EIN 23-7298290)
- Tax period
- 2012-04-01 to 2013-03-31
- Filed
- 2014-02-15
- IRS object ID
- 201410499349301746
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2014-02-15T16:55:52-06:00 | Timestamp |
| Tax Period End Date | 2013-03-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 952302617 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SINGERLEWAK LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10960 WILSHIRE BLVD STE 700 | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900243783 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-04-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237298290 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSIC CENTER FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | MUSI | NameControl |
| Phone | 2139728046 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 NORTH GRAND AVE | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900123013 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | STEVEN T BENSON | Name |
| Title | PRESIDENT | Title |
| Phone | 2139728046 | Phone |
| Date Signed | 2014-02-13 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | LIOR TEMKIN | Name |
| PTIN | P00748170 | PTIN |
| Phone | 3104773924 | Phone |
| Date Prepared | 2014-02-13 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | STEVEN T BENSON | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 NORTH GRAND AVE | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900123013 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 5262470 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.MUSICCENTERFOUNDATION.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1973 | YearFormation |
| State Legal Domicile | CA | StateLegalDomicile |
| Activity Or Mission Description | ENDOWMENT MANAGEMENT AND FINANCIAL SUPPORT OF PROGRAMMING AT LOS ANGELES' MUSIC CENTER. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 17 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 17 | NbrIndependentVotingMembers |
| Total Nbr Employees | 2 | TotalNbrEmployees |
| Total Nbr Volunteers | 0 | TotalNbrVolunteers |
| Total Gross UBI | 160922 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 2906283 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 2974511 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 3325879 | InvestmentIncomePriorYear |
| Investment Income Current Year | 2287959 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 0 | OtherRevenuePriorYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 6232162 | TotalRevenuePriorYear |
| Total Revenue Current Year | 5262470 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 5687838 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 5932227 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 422799 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 435063 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 233077 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 218964 | OtherExpensePriorYear |
| Other Expenses Current Year | 91217 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 6329601 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6458507 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -97439 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1196037 | RevenuesLessExpensesCY |
| Total Assets BOY | 358090851 | TotalAssetsBOY |
| Total Assets EOY | 380613335 | TotalAssetsEOY |
| Total Liabilities BOY | 215740128 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 230607763 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 142350723 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 150005572 | NetAssetsOrFundBalancesEOY |
| Mission Description | THE MISSION OF MUSIC CENTER FOUNDATION IS TO PROVIDE ENDOWMENT SUPPORT TO THE MUSIC CENTER/PERFORMING ARTS CENTER OF LOS ANGELES COUNTY, ITS EDUCATION AND ARTISTIC PROGRAMS AND RESIDENT COMPANIES THROUGH PLANNED GIVING FUNDRAISING AND ASSET MANAGEMENT. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 4301222 | Expense |
| Grants | 4301222 | Grants |
| Description | ENDOWMENT DISTRIBUTIONS TO THE MUSIC CENTER/PERFORMING ARTS CENTER OF LOS ANGELES COUNTY, ITS EDUCATIONAL ACTIVITIES AND ITS AFFILIATED PERFORMING ARTS COMPANIES WHICH INCLUDE LOS ANGELES PHILHARMONIC ASSOCIATION, CENTER THEATRE GROUP, LOS ANGELES OPERA COMPANY AND THE LOS ANGELES MASTER CHORALE. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1631005 | Expense |
| Grants | 1631005 | Grants |
| Description | THE MUSIC CENTER FOUNDATION'S LAPA FUND MAKES DISTRIBUTIONS TO THE LOS ANGELES PHILHARMONIC ASSOCIATION. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 5932227 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 1 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 1 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 4 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 2 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Excess Business Holdings | 0 | ExcessBusinessHoldings |
| Taxable Distributions | 0 | TaxableDistributions |
| Distribution To Donor | 0 | DistributionToDonor |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 17 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 17 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | CA | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN T BENSON PRESIDENT | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 2139728046 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 NORTH GRAND AVE | AddressLine1 |
| City | LOS ANGELES | City |
| State | CA | State |
| ZIP Code | 900123013 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (18 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| PETER W MULLIN | ||||||
| CHAIRMAN | 1.00 | X | X | 0 | 0 | 0 |
| STEPHEN F HINCHLIFFE JR | ||||||
| VICE PRESIDENT/TREASURER | 1.00 | X | X | 0 | 0 | 0 |
| STUART M KETCHUM | ||||||
| VICE PRESIDENT/SECRETARY | 1.00 | X | X | 0 | 0 | 0 |
| FRANK E BAXTER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DAVID C BOHNETT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| WILLIAM LLOYD DAVIS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JERROLD L EBERHARDT | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JOHN B EMERSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| C DANIEL EWELL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARK FOSTER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SARAH H KETTERER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| DARELL L KRASNOFF | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KENT KRESA | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MICHAEL A LAWSON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BOWEN H MCCOY | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SUSAN C SCHNABEL | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| MARC I STERN | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| STEVEN T BENSON | ||||||
| PRESIDENT | 40.00 | X | 262000 | 0 | 29029 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 262000 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 29029 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation
Name Of Contractor NameOfContractor
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MONTICELLO ASSOCIATES INC | BusinessNameLine1 |
Address Of Contractor AddressOfContractor
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 17TH ST 2600 | AddressLine1 |
| City | DENVER | City |
| State | CO | State |
| ZIP Code | 80202 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description Of Services | INVESTMENT CONSULTANT | DescriptionOfServices |
| Compensation | 300000 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 1 | NumberOfContractorsGT100K |
| Info In Schedule O Part VIII | X | InfoInScheduleOPartVIII |
| All Other Contributions | 2974511 | AllOtherContributions |
| Total Contributions | 2974511 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1168812 | TotalRevenueColumn |
| Unrelated Business Revenue | 160922 | UnrelatedBusinessRevenue |
| Exclusion | $1,007,890 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1119147 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 0 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 1119147 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1119147 | TotalRevenueColumn |
| Exclusion | $1,119,147 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5262470 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 160922 | UnrelatedBusinessRevenue |
| Exclusion | $2,127,037 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5932227 | Total |
| Program Services | 5932227 | ProgramServices |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 304616 | Total |
| Management And General | 152308 | ManagementAndGeneral |
| Fundraising | 152308 | Fundraising |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 88827 | Total |
| Management And General | 44414 | ManagementAndGeneral |
| Fundraising | 44413 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 9384 | Total |
| Management And General | 4692 | ManagementAndGeneral |
| Fundraising | 4692 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 14336 | Total |
| Management And General | 7168 | ManagementAndGeneral |
| Fundraising | 7168 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 17900 | Total |
| Management And General | 8950 | ManagementAndGeneral |
| Fundraising | 8950 | Fundraising |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 4577 | Total |
| Management And General | 2289 | ManagementAndGeneral |
| Fundraising | 2288 | Fundraising |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226315 | Total |
| Management And General | 168042 | ManagementAndGeneral |
| Fundraising | 58273 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 113768 | Total |
| Management And General | 56884 | ManagementAndGeneral |
| Fundraising | 56884 | Fundraising |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 57481 | Total |
| Management And General | 3919 | ManagementAndGeneral |
| Fundraising | 53562 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 11469 | Total |
| Management And General | 5735 | ManagementAndGeneral |
| Fundraising | 5734 | Fundraising |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5555 | Total |
| Management And General | 2778 | ManagementAndGeneral |
| Fundraising | 2777 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 12300 | Total |
| Management And General | 6150 | ManagementAndGeneral |
| Fundraising | 6150 | Fundraising |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 31106 | Total |
| Management And General | 15553 | ManagementAndGeneral |
| Fundraising | 15553 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|
| MISCELLANEOUS | 12720 | 6358 | 6362 |
| TELEPHONE | 4667 | 2334 | 2333 |
| PAYROLL SERVICE FEES | 3744 | 1872 | 1872 |
| REIMBURSEMENTS | -392485 | -196243 | -196242 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6458507 | Total |
| Program Services | 5932227 | ProgramServices |
| Management And General | 293203 | ManagementAndGeneral |
| Fundraising | 233077 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5976308 | BOY |
| EOY | 5703001 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19939773 | BOY |
| EOY | 21966709 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5122700 | BOY |
| EOY | 4680959 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 28295 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 18317 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9978 | BOY |
| EOY | 9978 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 111786589 | BOY |
| EOY | 117654266 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 215255503 | BOY |
| EOY | 230598422 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 358090851 | BOY |
| EOY | 380613335 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 194805 | BOY |
| EOY | 297250 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 215545323 | BOY |
| EOY | 230310513 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 215740128 | BOY |
| EOY | 230607763 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41119330 | BOY |
| EOY | 45686260 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 101231393 | BOY |
| EOY | 104319312 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 142350723 | BOY |
| EOY | 150005572 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 358090851 | BOY |
| EOY | 380613335 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -1196037 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 8852094 | ReconciliationUnrealizedInvest |
| Reconcilation Other Changes | -1208 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | 1 | AuditCommittee |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3669726 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2060032 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2283646 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2906283 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2974511 | CurrentTaxYear |
| Total | 13894198 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3669726 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2060032 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 2283646 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 2906283 | CurrentTaxYearMinus1Year |
| Current Tax Year | 2974511 | CurrentTaxYear |
| Total | 13894198 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 3361532 | AmountsSubstContributorsTotal |
| Public Support Total170 | 10532666 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 1802298 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 1533573 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1088522 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1430082 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1007890 | CurrentTaxYear |
| Total | 6862365 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | -141377 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | -86431 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | -71848 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | -468714 | CurrentTaxYearMinus1Year |
| Current Tax Year | 160922 | CurrentTaxYear |
| Total | -607448 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 20149115 | TotalSupport |
| Public Support Pertcentage170 | 0.52270 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.52490 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number DA Fs Held | 14 | NumberDAFsHeld |
| Donor Advised Contributions | 50000 | DonorAdvisedContributions |
| Grants Paid From Donor Funds | 381686 | GrantsPaidFromDonorFunds |
| Aggregate DAF Value | 8383354 | AggregateDAFValue |
| Disclosed Orgs Legal Control | 1 | DisclosedOrgsLegalControl |
| Disclosed For Charitable Purposes | 1 | DisclosedForCharitablePurposes |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 142350723 | BeginningOfYearBalance |
| Contributions | 2974511 | Contributions |
| Investment Earnings Or Losses | 11138845 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5932227 | GrantsOrScholarships |
| Administrative Expenses | 526280 | AdministrativeExpenses |
| End Of Year Balance | 150005572 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 141611484 | BeginningOfYearBalance |
| Contributions | 2906283 | Contributions |
| Investment Earnings Or Losses | 4162557 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5687838 | GrantsOrScholarships |
| Administrative Expenses | 641763 | AdministrativeExpenses |
| End Of Year Balance | 142350723 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 133033538 | BeginningOfYearBalance |
| Contributions | 2283646 | Contributions |
| Investment Earnings Or Losses | 12657219 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5788985 | GrantsOrScholarships |
| Administrative Expenses | 573934 | AdministrativeExpenses |
| End Of Year Balance | 141611484 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 112622822 | BeginningOfYearBalance |
| Contributions | 2060052 | Contributions |
| Investment Earnings Or Losses | 24983216 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 5935129 | GrantsOrScholarships |
| Administrative Expenses | 697423 | AdministrativeExpenses |
| End Of Year Balance | 133033538 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 149773984 | BeginningOfYearBalance |
| Contributions | 4502073 | Contributions |
| Grants Or Scholarships | 6519007 | GrantsOrScholarships |
| Other Expenditures | 34455192 | OtherExpenditures |
| Administrative Expenses | 679036 | AdministrativeExpenses |
| End Of Year Balance | 112622822 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.00000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 1.00000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 28295 | OtherCostOrOtherBasis |
| Depreciation | 18317 | Depreciation |
| Book Value | 9978 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 9978 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (3 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DUE FROM AFFILIATED ORGANIZATIONS | 170693 |
| FUNDS HELD FOR OTHERS | 225667718 |
| SPLIT-INTEREST AGREEMENTS | 4760011 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 230598422 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (3 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DISTRIBUTIONS PAYABLE | $3,543,513 |
| FUNDS HELD FOR OTHERS | $225,667,718 |
| OBLIGATIONS UNDER ANNUITIES & TRUSTS | $1,099,282 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 230310513 | TotalOfAmounts |
| Footnote In Part XIII | X | FootnoteInPartXIII |
| Tot Revenue Etc Audited Fincl Stmt | 14113356 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 8852094 | NetUnrealizedGainsInvestments |
| Other Revenues | -1208 | OtherRevenues |
| Revenue Not Rptd F990 | 8850886 | RevenueNotRptdF990 |
| Revenue Subtotal | 5262470 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 5262470 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 6458507 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 6458507 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 6458507 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: | PART V, LINE 4: | ANNUAL DISTRIBUTIONS TO SUPPORT THE PERFORMING ARTS AT THE MUSIC CENTER/ PERFORMING ARTS CENTER OF LOS ANGELES COUNTY AND ITS RESIDENT COMPANIES. |
| DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | PART X, LINE 2: | IN ACCORDANCE WITH ASC 740, "UNCERTAINTY IN INCOME TAXES," THE FOUNDATION RECOGNIZES THE IMPACT OF TAX POSITIONS IN THE FINANCIAL STATEMENTS IF THAT POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT, BASED ON THE TECHNICAL MERITS OF THE POSITION. TO DATE, THE FOUNDATION HAS NOT RECORDED ANY UNCERTAIN TAX POSITIONS. THE FOUNDATION RECOGNIZES POTENTIAL ACCRUED INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS IN INCOME TAX EXPENSE. DURING THE YEAR ENDED MARCH 31, 2013, THE FOUNDATION DID NOT RECOGNIZE ANY AMOUNT IN POTENTIAL INTEREST AND PENALTIES ASSOCIATES WITH UNCERTAIN TAX POSITIONS. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE OR LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2008. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,208. |
Schedule F IRS990ScheduleF
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | Region |
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConducted |
| Specific Services Provided | N/A | SpecificServicesProvided |
| Total Expenditures | 32313710 | TotalExpenditures |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Number Of Offices | 0 | SubtotalNumberOfOffices |
| Subtotal Number Of Employees | 0 | SubtotalNumberOfEmployees |
| Cont Number Of Offices | 0 | ContNumberOfOffices |
| Cont Number Of Employees | 0 | ContNumberOfEmployees |
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Subtotal Amount Spent | 32313710 | SubtotalAmountSpent |
| Cont Amount Spent | 0 | ContAmountSpent |
| Total Amount Spent | 32313710 | TotalAmountSpent |
| Transfer To Foreign Corp | 1 | TransferToForeignCorp |
| Interest In Foreign Trust | 0 | InterestInForeignTrust |
| Own Foreign Corp | 0 | OwnForeignCorp |
| Passive Foreign Invest Co | 1 | PassiveForeignInvestCo |
| Foreign Partnership | 1 | ForeignPartnership |
| Boycott Countries | 0 | BoycottCountries |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (6 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Method Of ValuationMethodOfValuation | Description Of Non Cash AssistanceDescriptionOfNonCashAssistance | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|---|---|
| THE MUSIC CENTER PERFORMING ARTS CENTER OF LOS ANGELES COUNTY | |||||||||
| 135 NORTH GRAND AVE | LOS ANGELES | CA | 90012 | 952217011 | 501(C)(3) | 1199736 | FMV | N/A | GENERAL SUPPORT |
| LOS ANGELES PHILHARMONIC ASSOCIATION | |||||||||
| 135 NORTH GRAND AVE | LOS ANGELES | CA | 90012 | 951696734 | 501(C)(3) | 2753986 | FMV | N/A | GENERAL SUPPORT |
| CENTER THEATRE GROUP OF LOS ANGELES INC | |||||||||
| 135 NORTH GRAND AVE | LOS ANGELES | CA | 90012 | 952466183 | 501(C)(3) | 1020840 | FMV | N/A | GENERAL SUPPORT |
| LOS ANGELES OPERA COMPANY | |||||||||
| 135 NORTH GRAND AVE | LOS ANGELES | CA | 90012 | 952096402 | 501(C)(3) | 774743 | FMV | N/A | GENERAL SUPPORT |
| LOS ANGELES MASTER CHORALE ASSOCIATION | |||||||||
| 135 NORTH GRAND AVE | LOS ANGELES | CA | 90012 | 952315682 | 501(C)(3) | 134712 | FMV | N/A | GENERAL SUPPORT |
| CALIFORNIA INSTITUTE OF THE ARTS | |||||||||
| 24700 MCBEAN PKY | VALENCIA | CA | 91355 | 956102146 | 501(C)(3) | 48210 | FMV | N/A | GENERAL SUPPORT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 6 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 0 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | SCHEDULE I, PART I, LINE 2: MUSIC CENTER FOUNDATION REGULARLY MEETS WITH ALL GRANTEE ORGANIZATIONS TO ENSURE THAT FUNDS ARE USED AS INTENDED. FURTHER, ALL GRANTEE ORGANIZATIONS ARE KNOWN TO MUSIC CENTER FOUNDATION DUE TO THE PROXIMITY OF ALL ORGANIZATIONS INVOLVED. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 0 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | STEVEN T BENSON | NamePerson |
| Title | PRESIDENT | Title |
| Base Compensation Filing Org | 262000 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 17467 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 11562 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 291029 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (8 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | THE AUDIT COMMITTEE MEETS WITH THE AUDITORS TO REVIEW AND DISCUSS A DRAFT OF THE FORM 990. ONCE APPROVED BY THE AUDIT COMMITTEE, THE FORM IS PRESENTED TO THE ENTIRE BOARD OF DIRECTORS. THE RETURN IS THEN ELECTRONICALLY FILED. | |
| FORM 990, PART VI, SECTION B, LINE 12C | THE ORGANIZATION SENDS A CONFLICT OF INTEREST QUESTIONNAIRE ANNUALLY TO THE BOARD OF DIRECTORS AND OFFICERS. THE QUESTIONNAIRES ARE REVIEWED TO ENSURE THEY ARE COMPLIANT WITH THE POLICY. | |
| FORM 990, PART VI, SECTION B, LINE 15 | A SURVEY OF COMPENSATION FOR COMPARABLE POSITIONS WAS PERFORMED AND APPROVED BY THE BOARD. | |
| FORM 990, PART VI, SECTION C, LINE 18 | FORM 1023 AND ALL OTHER INFORMATIONAL RETURN DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE MUSIC CENTER FOUNDATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND INFORMATIONAL RETURNS AVAILABLE UPON WRITTEN REQUEST. THE INFORMATIONAL RETURNS ARE ALSO MADE AVAILABLE TO THE PUBLIC THROUGH WWW.GUIDESTAR.ORG, A PUBLIC WEBSITE. | |
| FORM 990, PART VIII, LINE 7A & 7B: | THE MUSIC CENTER FOUNDATION HAS INVESTMENT ACCOUNTS, HEDGE FUNDS AND OTHER INVESTMENT PARTNERSHIPS WITH MANY STOCK TRANSACTIONS. DUE TO THE LARGE QUANTITY OF STOCK TRANSACTIONS, THIS INFORMATION IS NOT INCLUDED IN THE RETURN, BUT IS AVAILABLE UPON REQUEST. | PROCEEDS FROM SALE OF STOCKS & COST OR OTHER BASIS: |
| FORM 990, PART XI, LINE 9: | CHANGES IN VALUE OF SPLIT-INTEREST AGREEMENTS -1,208. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| FORM 990, PART XII, LINE 2C: | SINCE THE FILING OF PRIOR YEAR'S INFORMATIONAL RETURN, THERE HAVE BEEN NO CHANGES TO THE AUDIT OVERSIGHT AND SELECTION PROCESS. |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (5 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Controlled OrgControlledOrg |
|---|---|---|---|---|---|---|---|---|---|---|
| THE MUSIC CENTER PERFORMING ARTS CENTER OF LOS ANGELES COUNTY | ||||||||||
| 135 N GRAND AVE | LOS ANGELES | CA | 90012 | 952217011 | GENERAL SUPPORT OF ITS EXEMPT PURPOSE | CA | 501(C)(3) | 170(B)(1)(A)(VI) | THE MUSIC CENTER FOUNDATION | 0 |
| LOS ANGELES PHILHARMONIC ASSOCIATION | ||||||||||
| 135 N GRAND AVE | LOS ANGELES | CA | 90012 | 951696734 | GENERAL SUPPORT OF ITS EXEMPT PURPOSE | CA | 501(C)(3) | 509(A)(2) | THE MUSIC CENTER FOUNDATION | 0 |
| CENTER THEATRE GROUP OF LOS ANGELES INC | ||||||||||
| 135 N GRAND AVE | LOS ANGELES | CA | 90012 | 952466183 | GENERAL SUPPORT OF ITS EXEMPT PURPOSE | CA | 501(C)(3) | 509(A)(2) | THE MUSIC CENTER FOUNDATION | 0 |
| LOS ANGELES OPERA ASSOCIATION | ||||||||||
| 135 N GRAND AVE | LOS ANGELES | CA | 90012 | 952096402 | GENERAL SUPPORT OF ITS EXEMPT PURPOSE | CA | 501(C)(3) | 509(A)(2) | THE MUSIC CENTER FOUNDATION | 0 |
| LOS ANGELES MASTER CHORALE ASSOCIATION | ||||||||||
| 135 N GRAND AVE | LOS ANGELES | CA | 90012 | 952315682 | GENERAL SUPPORT OF ITS EXEMPT PURPOSE | CA | 501(C)(3) | 170(B)(1)(A)(VI) | THE MUSIC CENTER FOUNDATION | 0 |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Primary ActivityPrimaryActivity | Legal Domicile StateLegalDomicileState | Direct Controlling Entity NADirectControllingEntityNA | Controlled OrgControlledOrg |
|---|---|---|---|
| CHARITABLE REMAINDER TRUSTS (5) | |||
| INVESTMENTS | CA | N/A | 0 |
| CHARITABLE LEAD TRUSTS (2) | |||
| INVESTMENTS | CA | N/A | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Dividends Related Organization | 0 | DividendsRelatedOrganization |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 1 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (11 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| THE MUSIC CENTER PERFORMING ARTS CENTER OF LOS ANGELES COUNTY | ||
| B | 1199736 | FMV |
| LOS ANGELES PHILHARMONIC ASSOCIATION | ||
| B | 2753986 | FMV |
| CENTER THEATRE GROUP OF LOS ANGELES INC | ||
| B | 1020840 | FMV |
| LOS ANGELES OPERA COMPANY | ||
| B | 774743 | FMV |
| LOS ANGELES MASTER CHORALE | ||
| B | 134712 | FMV |
| LOS ANGELES OPERA COMPANY | ||
| D | 4589825 | FMV |
| THE MUSIC CENTER PERFORMING ARTS CENTER OF LOS ANGELES COUNTY | ||
| K | 5555 | FMV |
| THE MUSIC CENTER PERFORMING ARTS CENTER OF LOS ANGELES COUNTY | ||
| Q | 37109 | FMV |
| LOS ANGELES PHILHARMONIC ASSOCIATION | ||
| Q | 285477 | FMV |
| CENTER THEATRE GROUP OF LOS ANGELES INC | ||
| Q | 48036 | FMV |
| LOS ANGELES OPERA COMPANY | ||
| Q | 21863 | FMV |