Totals
- Total revenue
- $833,992
- Total expenses
- $821,988
- Contributions and grants received
- $0
- Grants paid
- $0
- Program service revenue
- $831,175
- Investment income
- $2,817
- Other revenue
- $0
- Total assets, end of year
- $26,290,707
- Total liabilities, end of year
- $22,437,322
- Net assets or fund balances, end of year
- $3,853,385
- Program services expenses (Part IX)
- $821,988
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $821,988
Program services were 100.0% 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.
-
2a · Program service revenue: RENTAL REVENUE
total $831,175 · related or exempt $831,175
-
3 · Investment income
total $2,817 · excluded $2,817
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $326,571 · program services $326,571
-
22 · Depreciation, depletion and amortization
total $495,417 · program services $495,417
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $688,577 · end of year $525,582
-
9 · Prepaid expenses and deferred charges
beginning of year $2,298,906 · end of year $2,925,581
-
10a · Land, buildings and equipment: cost or other basis
$25,084,463
-
10b · Land, buildings and equipment: accumulated depreciation
$2,244,919
-
10c · Land, buildings and equipment, net
beginning of year $23,334,961 · end of year $22,839,544
-
17 · Accounts payable and accrued expenses
beginning of year $56,063 · end of year $12,322
-
23 · Secured mortgages and notes payable
beginning of year $22,425,000 · end of year $22,425,000
-
27 · Net assets without donor restrictions
beginning of year $3,841,381 · end of year $3,853,385
Mission and programs · 2024
Mission
TO OWN AND MANAGE REAL ESTATE ASSETS THAT SUPPORT THE YOUTH ORCHESTRA LOS ANGELES PROGRAM OF THE LOS ANGELES PHILHARMONIC ASSOCIATION.
-
COMMUNITY PROGRAMS ("ICP") MANAGES THE RENOVATION PROJECT OF A BUILDING IN INGLEWOOD WITH THE INTENTION TO HOUSE THE YOUTH ORCHESTRA INGLEWOOD LOS ANGELES ("YOLA") PROGRAM FOR THE LOS ANGELES PHILHARMONIC ASSOCIATION. THE YOLA PROGRAM PROVIDES FREE MUSIC EDUCATION OPPORTUNITIES TO LOCAL YOUTH.
Expenses $821,988 · Revenue $831,175
As filed on the 2024 return.
Listed in Part VII
-
Glenn BriffaGLENN BRIFFA
DIRECTOR, CFO
- Total calculated
- $412,803
- From this org
- $0
- From related orgs
- $410,592
- Other
- $2,211
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $370,592 related
- Bonus
- $0 + $40,000 related
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0 + $2,211 related
- Filer's total
- $0 + $412,803 related
-
Kim NoltemyKIM NOLTEMY
CHAIR, CEO (AS OF 7/24)
- Total calculated
- $632,901
- From this org
- $0
- From related orgs
- $623,708
- Other
- $9,193
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $490,477 related
- Bonus
- $0 + $100,000 related
- Other
- $0 + $33,231 related
- Deferred
- $0
- Nontaxable benefits
- $0 + $9,193 related
- Filer's total
- $0 + $632,901 related
-
Mona PatelMONA PATEL
DIRECTOR, SECRETARY
- Total calculated
- $453,902
- From this org
- $0
- From related orgs
- $426,013
- Other
- $27,889
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $386,013 related
- Bonus
- $0 + $40,000 related
- Other
- $0
- Deferred
- $0 + $10,350 related
- Nontaxable benefits
- $0 + $17,539 related
- Filer's total
- $0 + $453,902 related
-
Glenn BakerGLENN BAKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Reynolds CafferataREYNOLDS CAFFERATA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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
None.
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 3
- THE FOLLOWING METHODS WERE USED TO ESTABLISH THE COMPENSATION OF THE ORGANIZATION'S CEO AT A RELATED ORGANIZATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - COMPENSATION SURVEY OR STUDY - APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE
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
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
LOS ANGELES PHILHARMONIC ASSOCIATION
501(C)(3) · MUSIC · CA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 17 August 2026
- IRS schema version
- 2024v5.5
- Source object
- 202632119349301523
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.