Form 990 for tax year 2024
Filed by MONTEREY INTERNATIONAL POP FESTIVAL INC.
Totals
- Total revenue
- $71,894
- Total expenses
- $55,341
- Contributions and grants received
- $610
- Grants paid
- $44,344
- Program service revenue
- $0
- Investment income
- $6,082
- Other revenue
- $65,202
- Total assets, end of year
- $309,625
- Total liabilities, end of year
- $25
- Net assets or fund balances, end of year
- $309,600
- Program services expenses (Part IX)
- $44,344
- Management and general expenses
- $10,997
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $44,344
Program services were 80.1% 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.
-
1f · All other contributions, gifts and grants
$610
-
3 · Investment income
total $6,082 · excluded $6,082
-
5 · Royalties
total $65,202 · unrelated business $65,202
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $44,344 · program services $44,344
-
11b · Fees: legal
total $4,456 · management and general $4,456
-
13 · Office expenses
total $6,516 · management and general $6,516
-
24a · Other expenses: STATE LICENSE & FEES
total $25 · management and general $25
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $156,691 · end of year $167,162
-
2 · Savings and temporary cash investments
beginning of year $136,381 · end of year $142,463
-
22 · Loans and payables to officers and key people
beginning of year $25 · end of year $25
-
29 · Capital stock, trust principal or current funds
beginning of year $0 · end of year $0
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year $0 · end of year $0
-
31 · Retained earnings, endowment or other funds
beginning of year $293,047 · end of year $309,600
Mission and programs · 2024
Mission
TO COLLECT & RECEIVE CONTRIBUTIONS. TO DISPOSE OF FUNDS EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, SCIENTIFIC, LITERARY, ARTISTIC OR EDUCATIONAL PURPOSES.
-
SUPPORT CHARITABLE ORGANIZATIONS IMPROVING EDUCATIONS AND SOCIAL CAUSES THAT IMPROVE LIVES OF PEOPLE.
Expenses $5,610 · Grants $5,610
-
SUPPORT CHARITABLE ORGANIZATIONS HELPING CHILDREN WITH SERIOUS MEDICAL CONDITIONS AND IMPROVING LIFE AFFECTED BY DISEASES.
Expenses $36,234 · Grants $36,234
-
SUPPORT CHARITABLE ORGANIZATIONS PROVIDING MUSIC AND ART TO UNDERSERVED PUBLIC SCHOOL CHILDREN AND PREVIOUSLY INCARCERATED MEN AND WOMEN.
Expenses $2,500 · Grants $2,500
As filed on the 2024 return.
Listed in Part VII
-
Lou AdlerLOU ADLER
PRES/SEC
- Total calculated
- $0
- Hours/week
- 0.1
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.
Grants on this return
-
$16,484
PROVIDE MUSIC THERAPY TO CHILDREN
-
$10,000
PROVIDE SUBSTANCE ABUSE DISORDER TREATMENT SERVICES.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 12 November 2025
- IRS schema version
- 2024v5.2
- Source object
- 202543179349310904
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