Nonprofit · EIN 51-0147668
GUITAR FOUNDATION OF AMERICA INC
Tax-exempt (reinstated) · LOS ANGELES, CA 90065
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $462,510 | $439,303 | $23,207 | $395,475 | $201,278 | $194,197 |
| August 31, 2024 | 990 | $554,451 | $554,356 | $95 | $378,702 | $211,023 | $167,679 |
| August 31, 2023 | 990 | $652,912 | $699,839 | -$46,927 | $331,170 | $204,961 | $126,209 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $222,530
- Membership dues
- $47,176
- Program service revenue
- $229,526
- Investment income
- $7,751
- Other revenue
- $2,703
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $24,250
- Other salaries and wages
- $68,900
- Salaries, compensation and benefits (total)
- $105,731
- Professional fundraising fees
- $0
- Occupancy
- $447
- Travel
- $58,371
- Program services (functional)
- $323,367
- Management and general (functional)
- $115,936
Balance sheet and other
- Total assets, start of year
- $378,702
- Total assets, end of year
- $395,475
- Total liabilities, end of year
- $201,278
- Net assets, end of year
- $194,197
- Net assets without donor restrictions
- $194,197
- Gross receipts
- $462,510
- Employees
- 6
- Volunteers
- 6
- Year formed
- 1973
- State of legal domicile
- CA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martha Masters | President Officer | 10 | $19,000 |
| Carol Sanders | Treasurer Trustee or director, Officer | 2 | $0 |
| Matthew Cochran | Board Member Trustee or director | 1 | $0 |
| Brian Head | Artistic Dir. Trustee or director, Officer | 1 | $0 |
| Chris Mallett | Board Chair Trustee or director, Officer | 1 | $0 |
| Monica Davisson | Board Member Trustee or director | 1 | $0 |
| Ron Friedman | Board Member Trustee or director | 1 | $0 |
| Zo Johnstone-Stewart | Board Member Trustee or director | 1 | $0 |
| Judical Perroy | Board Member Trustee or director | 1 | $0 |
| Michael Partington | Board Member Trustee or director | 1 | $0 |
| Rene Izquierdo | Board Member Trustee or director | 1 | $0 |
| Kami Rowan | Board Member Trustee or director | 1 | $0 |
| Nathan Fisher | Board Member Trustee or director | 1 | $0 |
| MaryLou Roberts | Board Member Trustee or director | 1 | $0 |
| Sonia Wilczewski | Board Member Trustee or director | 1 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Eric Sakurai | Board Member Trustee or director | 1 | $0 |
| Ciyadh Wells | Board Member Trustee or director | 1 | $0 |
| Loong Yong | Board member Trustee or director | 1 | $0 |
| Brad DeRoche | Board Member Trustee or director | 1 | $0 |
| Heidi Aggeler | Board Member Trustee or director | 1 | $0 |
| Abigail Aronson Zocher | Board Member Trustee or director | 1 | $0 |
990 for the year ended August 31, 2024: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martha Masters | President Officer | 10 | $20,833 |
| Carol Sanders | Treasurer Trustee or director, Officer | 2 | $0 |
| Matthew Cochran | Board Member Trustee or director | 1 | $0 |
| Brian Head | Artistic Dir. Trustee or director, Officer | 1 | $0 |
| Chris Mallett | Board Chair Trustee or director, Officer | 1 | $0 |
| Monica Davisson | Board Member Trustee or director | 1 | $0 |
| Zane Forshee | Board Member Trustee or director | 1 | $0 |
| Zo Johnstone-Stewart | Board Member Trustee or director | 1 | $0 |
| Judical Perroy | Board Member Trustee or director | 1 | $0 |
| Kenneth Kwan | Board Member Trustee or director | 1 | $0 |
| Michael Partington | Board Member Trustee or director | 1 | $0 |
| Rene Izquierdo | Board Member Trustee or director | 1 | $0 |
| Kami Rowan | Board Member Trustee or director | 1 | $0 |
| James Stroud | Board Member Trustee or director | 1 | $0 |
| Kim Perlak | Board Member Trustee or director | 1 | $0 |
| MaryLou Roberts | Board Member Trustee or director | 1 | $0 |
| Sonia Wilczewski | Board Member Trustee or director | 1 | $0 |
| Eric Sakurai | Board Member Trustee or director | 1 | $0 |
| Ciyadh Wells | Board Member Trustee or director | 1 | $0 |
| Loong Yong | Board member Trustee or director | 1 | $0 |
| Brad DeRoche | Board Member Trustee or director | 1 | $0 |
| Heidi Aggeler | Board Member Trustee or director | 1 | $0 |
| Abigail Aronson Zocher | Board Member Trustee or director | 1 | $0 |
990 for the year ended August 31, 2023: 23 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Martha Masters | President Officer | 10 | $15,000 |
| Nathania Isnandar-Mallett | Treasurer Trustee or director, Officer | 2 | $0 |
| Matthew Cochran | Board Member Trustee or director | 1 | $0 |
| Brian Head | Artistic Dir. Trustee or director, Officer | 1 | $0 |
| Chris Mallett | Board Chair Trustee or director, Officer | 1 | $0 |
| Monica Davisson | Board Member Trustee or director | 1 | $0 |
| Zane Forshee | Board Member Trustee or director | 1 | $0 |
| Zo Johnstone-Stewart | Board Member Trustee or director | 1 | $0 |
| Judical Perroy | Board Member Trustee or director | 1 | $0 |
| Kenneth Kwan | Board Member Trustee or director | 1 | $0 |
| Michael Partington | Board Member Trustee or director | 1 | $0 |
| Rene Izquierdo | Board Member Trustee or director | 1 | $0 |
| Kami Rowan | Board Member Trustee or director | 1 | $0 |
| James Stroud | Board Member Trustee or director | 1 | $0 |
| Kim Perlak | Board Member Trustee or director | 1 | $0 |
| MaryLou Roberts | Board Member Trustee or director | 1 | $0 |
| Sonia Wilczewski | Board Member Trustee or director | 1 | $0 |
| Eric Sakurai | Board Member Trustee or director | 1 | $0 |
| Ciyadh Wells | Board Member Trustee or director | 1 | $0 |
| Loong Yong | Board member Trustee or director | 1 | $0 |
| Brad DeRoche | Board Member Trustee or director | 1 | $0 |
| Heidi Aggeler | Board Member Trustee or director | 1 | $0 |
| Abigail Aronson Zocher | Board Member Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 483 DUSTIN DR, LOS ANGELES, CA 90065-5023
- Principal officer (990 for 2024)
- Martha Masters, PO Box 50749, Los Angeles, CA 90050
- Signed the 990
- Martha Masters, President
- Phone
- (877) 570-1651
- Website
- www.guitarfoundation.org
- Return prepared by
- HEALY AND ASSOCIATES
California records
California keeps its own records of charities and corporations. Search them by EIN 51-0147668 or by the name GUITAR FOUNDATION OF AMERICA INC.
- Attorney General, Registry of Charities and Fundraisers
- Registration status and filed reports (CT-TR-1, RRF-1)
- Secretary of State, bizfile Online
- Corporation status, entity number, agent for service
- Franchise Tax Board
- Entity status letter (state tax exemption, good standing)
Mission
The Guitar Foundation of America inspires artistry, builds community, and promotes the classical guitar internationally through excellence in performance, literature, education and research.
Program accomplishments
- The GFA has been dedicated as a nonprofit organization supporting the development of the classical guitar community since its inception in 1973 at the National GuitarConvention sponsored by the American String Teachers Association (ASTA). It has, since the 1970's, published the quarterly journal Soundboard, annual scholarly journal, Soundboard Scholar, and quarterly youth oriented publication Prodigies; established a large archive of scores, books and manuscripts; hosted the annual GFA Convection and musical performance competitions including the prestigiousInternational Concert Artist Competition and International Youth Competitions; commissioned composers of classical guitar music; organized the annual GFA-sponsored competition winner's concert tour currently comprised of approximately 50 concerts around the United States; held multiple annual Regional Symposia(one day mini-conventions) in various locations; and stablished pre-college classical guitar programs in cities across the country.Expenses $323,367 · revenue $229,526
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 51-0147668
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A68)
- Assets (IRS master file)
- $395,475
- Income (IRS master file)
- $462,510
Revocation and reinstatement
- Exemption revoked
- January 15, 2017
- Posted by the IRS
- April 26, 2017
- Reinstated
- Effective January 15, 2017
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $462,510 | $439,303 | $395,475 | XML |
| 990 | August 2024 | $554,451 | $554,356 | $378,702 | XML |
| 990 | August 2023 | $652,912 | $699,839 | $331,170 | XML |
| 990 | August 2022 | $424,278 | $445,994 | $363,731 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 51-0147668).
Questions about GUITAR FOUNDATION OF AMERICA INC
- What is the EIN of GUITAR FOUNDATION OF AMERICA INC?
- The employer identification number (EIN) of GUITAR FOUNDATION OF AMERICA INC is 51-0147668.
- Is GUITAR FOUNDATION OF AMERICA INC tax-exempt?
- Yes. The IRS revoked its exemption on January 15, 2017 and reinstated it effective January 15, 2017.
- Are donations to GUITAR FOUNDATION OF AMERICA INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GUITAR FOUNDATION OF AMERICA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GUITAR FOUNDATION OF AMERICA INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GUITAR FOUNDATION OF AMERICA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of GUITAR FOUNDATION OF AMERICA INC?
- The 990 for the year ended August 31, 2025 names Martha Masters.
- Who are the officers and directors of GUITAR FOUNDATION OF AMERICA INC?
- The 990 for the year ended August 31, 2025 lists 21 people; 1 received compensation from the organization, the highest $19,000 (Martha Masters, President).
- How much revenue does GUITAR FOUNDATION OF AMERICA INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $462,510, expenses of $439,303 and total assets of $395,475 at year end.
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