Totals
- Total revenue
- $28,826,852
- Total expenses
- $25,153,843
- Contributions and grants received
- $29,513,057
- Grants paid
- $17,833,217
- Program service revenue
- $0
- Investment income
- $1,761,943
- Other revenue
- -$2,448,148
- Total assets, end of year
- $38,379,586
- Total liabilities, end of year
- $1,336,674
- Net assets or fund balances, end of year
- $37,042,912
- Program services expenses (Part IX)
- $22,117,705
- Management and general expenses
- $1,724,229
- Fundraising expenses
- $1,311,909
- Program service expenses (Part III)
- $22,117,705
Program services were 87.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$8,196,199
-
1f · All other contributions, gifts and grants
$21,316,858
-
1g · Noncash contributions included above
$179,483
-
3 · Investment income
total $1,570,342 · unrelated business -$14,313 · excluded $1,584,655
-
7a · Gross sales of assets other than inventory
securities $2,772,624
-
7b · Less cost or other basis and sales expenses
securities $2,581,023
-
7c · Gain or loss
securities $191,601
-
7d · Net gain or loss
total $191,601 · excluded $191,601
-
8a · Fundraising events: gross income
$1,068,000
-
8a · Fundraising events: contributions included on line 1c
$8,196,199
-
8b · Fundraising events: direct expenses
$4,435,590
-
8c · Net income from fundraising events
total -$3,367,590 · excluded -$3,367,590
-
10a · Gross sales of inventory
$30
-
10b · Cost of goods sold
$19
-
10c · Net income from sales of inventory
total $11 · excluded $11
-
11a · Other revenue: ONLINE AUCTIONS
total $918,980 · excluded $918,980
-
11b · Other revenue: DVD ROYALTIES
total $451 · unrelated business $451
-
11e · Other revenue, total
$919,431
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $21,480 · program services $21,480
-
2 · Grants to domestic individuals
total $17,801,737 · program services $17,801,737
-
3 · Grants to foreign organizations and individuals
total $10,000 · program services $10,000
-
5 · Compensation of officers, directors and key employees
total $724,252 · program services $350,472 · management and general $363,305 · fundraising $10,475
-
7 · Other salaries and wages
total $3,303,671 · program services $2,096,722 · management and general $400,267 · fundraising $806,682
-
8 · Pension plan contributions
total $132,465 · program services $77,746 · management and general $23,455 · fundraising $31,264
-
9 · Other employee benefits
total $511,187 · program services $275,172 · management and general $127,025 · fundraising $108,990
-
10 · Payroll taxes
total $288,884 · program services $176,757 · management and general $50,653 · fundraising $61,474
-
11b · Fees: legal
total $42,723 · program services $7,621 · management and general $28,685 · fundraising $6,417
-
11c · Fees: accounting
total $85,690 · management and general $85,690
-
11e · Fees: professional fundraising services
total $60,580 · fundraising $60,580
-
11f · Fees: investment management
total $183,570 · management and general $183,570
-
11g · Fees: other
total $842,772 · program services $565,917 · management and general $143,050 · fundraising $133,805
-
12 · Advertising and promotion
total $7,438 · program services $4,118 · management and general $375 · fundraising $2,945
-
13 · Office expenses
total $35,626 · program services $26,680 · management and general $8,374 · fundraising $572
-
14 · Information technology
total $212,079 · program services $108,853 · management and general $77,868 · fundraising $25,358
-
16 · Occupancy
total $14,672 · program services $9,218 · management and general $4,201 · fundraising $1,253
-
17 · Travel
total $98,200 · program services $81,857 · management and general $7,821 · fundraising $8,522
-
22 · Depreciation, depletion and amortization
total $10,788 · management and general $10,788
-
23 · Insurance
total $81,464 · program services $8,775 · management and general $72,689
-
24a · Other expenses: BANK CHARGES
total $420,210 · program services $331,785 · management and general $63,971 · fundraising $24,454
-
24b · Other expenses: TAXES & LICENSES
total $53,180 · program services $28,952 · management and general $14,344 · fundraising $9,884
-
24c · Other expenses: DUES & SUBSCRIPTIONS
total $50,313 · program services $13,570 · management and general $28,811 · fundraising $7,932
-
24d · Other expenses: MAINTENANCE & REPAIRS
total $28,761 · program services $16,409 · management and general $9,856 · fundraising $2,496
-
24e · All other expenses
total $132,101 · program services $103,864 · management and general $19,431 · fundraising $8,806
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,200 · end of year $1,200
-
2 · Savings and temporary cash investments
beginning of year $6,467,218 · end of year $9,454,621
-
4 · Accounts receivable
beginning of year $839,501 · end of year $837,472
-
9 · Prepaid expenses and deferred charges
beginning of year $110,901 · end of year $130,895
-
10a · Land, buildings and equipment: cost or other basis
$374,083
-
10b · Land, buildings and equipment: accumulated depreciation
$333,189
-
10c · Land, buildings and equipment, net
beginning of year $51,682 · end of year $40,894
-
11 · Investments: publicly traded securities
beginning of year $22,422,374 · end of year $23,442,775
-
12 · Investments: other securities
beginning of year $3,758,533 · end of year $4,434,318
-
15 · Other assets
beginning of year $118,459 · end of year $37,411
-
17 · Accounts payable and accrued expenses
beginning of year $776,551 · end of year $898,565
-
19 · Deferred revenue
beginning of year $92,189 · end of year $149,461
-
25 · Other liabilities
beginning of year $215,496 · end of year $288,648
-
27 · Net assets without donor restrictions
beginning of year $32,685,632 · end of year $32,405,681
-
28 · Net assets with donor restrictions
beginning of year $0 · end of year $4,637,231
Mission and programs · 2024
Mission
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.
Activities or mission (Part I)
MUSICARES PROVIDES A SAFETY NET OF CRITICAL HEALTH AND WELFARE SERVICES TO THE MUSIC COMMUNITY IN THREE KEY AREAS: MENTAL HEALTH & ADDICTION RECOVERY SERVICES, HEALTH SERVICES, AND HUMAN SERVICES.
-
FINANCIAL ASSISTANCE: MUSICARES PROVIDES UP TO $10,000 ANNUALLY FOR EMERGENCY BASIC LIVING, MEDICAL, OR OTHER NEEDS WITH A LIFETIME MAXIMUM OF $20,000. UNDER EXTRAORDINARY CIRCUMSTANCES, GRANTS MAY BE EXTENDED TO $25,000 BASED UPON A UNIQUE NEED. ASSISTANCE IS PROVIDED TO RECORDING INDUSTRY PERSONNEL, INCLUDING CREATIVE AND TECHNICAL PERSONNEL (I.E., MUSICIANS, COMPOSERS, ENGINEERS, PRODUCERS, ETC.), MUSIC BUSINESS STAFF (I.E., RECORD LABEL STAFF, MANAGEMENT COMPANIES, ENTERTAINMENT ATTORNEYS, MUSIC RETAILERS), AND OTHER MEMBERS OF THE MUSIC COMMUNITY WHO HAVE BEEN EMPLOYED IN THE INDUSTRY FOR AT LEAST FIVE YEARS OR WHO HAVE CREDITS ON SIX COMMERCIALLY RELEASED SINGLES. THESE GRANTS ARE MADE AVAILABLE TO MUSIC PEOPLE FACING AN UNFORESEEN MEDICAL, PERSONAL, OR FINANCIAL CRISIS. THIS CAN INCLUDE PAYMENTS FOR HEALTH CARE PROFESSIONALS AND PRESCRIPTIONS, RENT/MORTGAGE PAYMENTS, HEALTH INSURANCE PREMIUMS, AND COSTS FOR OTHER BASIC LIVING SUPPORT SERVICES. THROUGH ITS COMMUNITY OUTREACH AND EDUCATION PROGRAMS, THE FOUNDATION ALSO PROVIDES WORKSHOPS, SEMINARS, AND INDIVIDUAL CONSULTATIONS TO MEMBERS OF THE MUSIC COMMUNITY ON TOPICS RELATED TO GENERAL HEALTH AND HUMAN SERVICE NEEDS. IT ALSO PROVIDES IDEAS AND RESOURCES FOR PROACTIVELY ADDRESSING THOSE ISSUES.
Expenses $9,553,269 · Grants $7,632,895
-
IN RESPONSE TO THE EXTREME FIRES AND UNPRECEDENTED DEVASTATION IN JANUARY 2025 IN LOS ANGELES, MUSICARES LAUNCHED DISASTER RELIEF EFFORTS TO DIRECTLY ASSIST ELIGIBLE MUSIC PROFESSIONALS IN NEED. AID INCLUDES $1,500 IN FINANCIAL ASSISTANCE AND A $500 GROCERY CARD FOR NEAR-TERM NEEDS SUCH AS NECESSITIES AND EVACUATION COSTS. MUSICARES ALSO PROVIDES ADDITIONAL, MORE SUBSTANTIAL SUPPORT FOR INDIVIDUALS WITH CONSIDERABLE IMPACT, INCLUDING ASSISTANCE FOR DAMAGED EQUIPMENT, MEDICAL NEEDS, AND RENTAL ASSISTANCE.
Expenses $8,174,245 · Grants $7,310,052
-
MENTAL HEALTH & ADDICTION RECOVERY (FORMERLY MAP FUND): MUSICARES PROVIDES EMERGENCY FINANCIAL ASSISTANCE TO INDIVIDUALS WITHIN THE MUSIC COMMUNITY FACING ADDICTION. ASSISTANCE LIMITS ARE $20,000 PER YEAR WITH A LIFETIME LIMIT OF $20,000. THE PROGRAM MAY PROVIDE PAYMENT FOR INPATIENT TREATMENT, SOBER LIVING, AND/OR OTHER EXPENSES RELATED TO RECOVERY. THE PROGRAM ALSO PROVIDES A SUPPORT NETWORK OF RECOVERY RESOURCES FOR MUSIC PEOPLE WHO ARE TOURING THROUGHOUT THE COUNTRY. IN ADDITION, THE FOUNDATION PROVIDES WORKSHOPS AND COORDINATES MEETINGS OF INDUSTRY PROFESSIONALS TO DISCUSS THE PROBLEMS OF CHEMICAL DEPENDENCY AND DISCUSS SPECIFIC STRATEGIES FOR INTERVENTION FOR INDIVIDUALS WITHIN THE MUSIC COMMUNITY.
Expenses $2,068,747 · Grants $1,261,772
-
MUSICARES ALSO PROVIDES VARIOUS GRANTS TO OTHER TAX-EXEMPT ORGANIZATIONS, GATHERS THE MUSIC COMMUNITY FOR A DAY OF SERVICE, HOSTS SHOWCASE CONCERTS TO EDUCATE THE COMMUNITY AND PROVIDE SERVICES, AND PROVIDES DISASTER RELIEF AID.
Expenses $2,321,444 · Grants $1,628,498
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Ambrosia HealyAMBROSIA HEALY
VICE-CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Jeff HarlestonJEFF HARLESTON
SECRETARY/TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Steve BoomSTEVE BOOM
CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Ali HarnellALI HARNELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Carianne MarshallCARIANNE MARSHALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christine AlbertCHRISTINE ALBERT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Coran CapshawCORAN CAPSHAW
DIRECTOR (FROM 8/24)
- Total calculated
- $0
- Hours/week
- 1
-
Donna CaseineDONNA CASEINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dr Chelsea GreenDR CHELSEA GREEN
DIRECTOR (FROM 6/25)
- Total calculated
- $0
- Hours/week
- 1
-
Irving AzoffIRVING AZOFF
DIRECTOR (FROM 8/24)
- Total calculated
- $0
- Hours/week
- 1
-
Jeff JonesJEFF JONES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Manuel AbudMANUEL ABUD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Marty HomMARTY HOM
DIRECTOR (FROM 8/24)
- Total calculated
- $0
- Hours/week
- 1
-
Phylicia FantPHYLICIA FANT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pj MortonPJ MORTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rita WilsonRITA WILSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Rob LightROB LIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tamara HrivnakTAMARA HRIVNAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tammy HurtTAMMY HURT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Harvey Mason JrHARVEY MASON JR
CEO
- Total calculated
- $0
- Hours/week
- 1
-
Laura SeguraLAURA SEGURA
EXECUTIVE DIRECTOR (TO 5/25)
- Total calculated
- $427,813
- From this org
- $382,200
- From related orgs
- $0
- Other
- $45,613
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $375,440
- Bonus
- $1,750
- Other
- $5,010
- Deferred
- $7,209
- Nontaxable benefits
- $38,404
- Filer's total
- $427,813
-
Theresa WoltersTHERESA WOLTERS
VP (TO 5/25), EXEC DIR (FROM 5/25)
- Total calculated
- $225,655
- From this org
- $212,532
- From related orgs
- $0
- Other
- $13,123
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $208,920
- Bonus
- $1,750
- Other
- $1,862
- Deferred
- $11,500
- Nontaxable benefits
- $1,623
- Filer's total
- $225,655
-
Jennifer LeffJENNIFER LEFF
MANAGING DIRECTOR
- Total calculated
- $200,447
- From this org
- $144,074
- From related orgs
- $0
- Other
- $56,373
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $141,167
- Bonus
- $1,000
- Other
- $1,907
- Deferred
- $15,481
- Nontaxable benefits
- $40,892
- Filer's total
- $200,447
-
Lindsey BurrisLINDSEY BURRIS
SR. MANAGING DIRECTOR
- Total calculated
- $205,781
- From this org
- $164,087
- From related orgs
- $0
- Other
- $41,694
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $161,493
- Bonus
- $1,000
- Other
- $1,594
- Deferred
- $8,512
- Nontaxable benefits
- $33,182
- Filer's total
- $205,781
-
Ryan DonahueRYAN DONAHUE
SR. MANAGING DIRECTOR
- Total calculated
- $229,477
- From this org
- $177,193
- From related orgs
- $0
- Other
- $52,284
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $174,635
- Bonus
- $1,000
- Other
- $1,558
- Deferred
- $11,500
- Nontaxable benefits
- $40,784
- Filer's total
- $229,477
-
Virginia FaddyVIRGINIA FADDY
MANAGING DIRECTOR
- Total calculated
- $207,786
- From this org
- $158,752
- From related orgs
- $0
- Other
- $49,034
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $156,216
- Bonus
- $1,000
- Other
- $1,536
- Deferred
- $11,245
- Nontaxable benefits
- $37,789
- Filer's total
- $207,786
-
Wynnie WynnWYNNIE WYNN
MANAGING DIRECTOR
- Total calculated
- $155,802
- From this org
- $137,305
- From related orgs
- $0
- Other
- $18,497
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $131,671
- Bonus
- $1,000
- Other
- $4,634
- Deferred
- $5,280
- Nontaxable benefits
- $13,217
- Filer's total
- $155,802
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 1a · Health or social club dues or initiation fees
- 1b · Written policy on the line-1a expenses
- 2 · Substantiation required before reimbursing expenses
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 1A
- LAURA SEGURA, EXECUTIVE DIRECTOR, WAS REIMBURSED $6,391 FOR HER SOHO HOUSE MEMBERSHIP TO HELP PROVIDE A SPACE FOR BUSINESS MEETINGS. THE AMOUNT WAS REIMBURSED IN ACCORDANCE WITH AN ACCOUNTABLE PLAN AND WAS NOT TREATED AS TAXABLE COMPENSATION.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
$17,180
CHARITABLE CONTRIBUTION PORTION OF HALL OF FAME GALA PURCHASE
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 15 June 2026
- IRS schema version
- 2024v5.5
- Source object
- 202611669349301581
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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