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Nonprofit · EIN 80-0545150

FRIENDS OF THE ACADEMY OF MUSIC INC

Tax-exempt · LOS ANGELES, CA 90034

Financials

$224K$254K2022$231K$200K2023$404K$117K2024
Revenue Expenses · by fiscal year end
Financials of FRIENDS OF THE ACADEMY OF MUSIC INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$403,668$116,915$286,753$495,714$0$495,714
June 30, 2024990$230,941$199,968$30,973$208,961$0$208,961
June 30, 2023990$223,619$253,654-$30,035$177,988$0$177,988
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$365,667
Program service revenue
$56,274
Investment income
$7,921
Net income from fundraising events
-$26,194
Other revenue
-$26,194

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$7,635
Program services (functional)
$101,760
Management and general (functional)
$15,155

Balance sheet and other

Total assets, start of year
$208,961
Total assets, end of year
$495,714
Total liabilities, end of year
$0
Net assets, end of year
$495,714
Net assets without donor restrictions
$495,714
Gross receipts
$429,862
Employees
0
Volunteers
100
Year formed
2010
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
Brian SchwartzPresident
Trustee or director, Officer
2$0
Carrie MurrayVice President
Trustee or director, Officer
2$0
Loretta HerndonSecretary
Trustee or director, Officer
2$0
Glenda FordTreasurer
Trustee or director, Officer
2$0
Farrah NoahDirector
Trustee or director
1$0
Katherine PyatakDirector
Trustee or director
1$0
Katherine AndersonDirector
Trustee or director
1$0
Liliana RuizDirector
Trustee or director
1$0
Rachel HaunDirector
Trustee or director
1$0
Jennifer DavissonDirector
Trustee or director
1$0
990 for the year ended June 30, 2024: 11 people
NameTitleHours / weekCompensation
Brian SchwartzPresident
Trustee or director, Officer
2$0
Carrie MurrayVice President
Trustee or director, Officer
2$0
Loretta HerndonSecretary
Trustee or director, Officer
2$0
Sherry OllinsTreasurer
Trustee or director, Officer
2$0
Farrah NoahDirector
Trustee or director
1$0
John JonesDirector
Trustee or director
1$0
Katherine AndersonDirector
Trustee or director
1$0
Michelle EspinosaDirector
Trustee or director
1$0
Amber HawkinsDirector
Trustee or director
1$0
Corinne HaireDirector
Trustee or director
1$0
Lawanda DwellinghamDirector
Trustee or director
1$0
990 for the year ended June 30, 2023: 11 people
NameTitleHours / weekCompensation
Brian SchwartzPresident
Trustee or director, Officer
2$0
Carrie MurrayVice President
Trustee or director, Officer
2$0
Loretta HerndonSecretary
Trustee or director, Officer
2$0
Sherry OllinsTreasurer
Trustee or director, Officer
2$0
Farrah NoahDirector
Trustee or director
1$0
John JonesDirector
Trustee or director
1$0
Katherine AndersonDirector
Trustee or director
1$0
Michelle EspinosaDirector
Trustee or director
1$0
Amber HawkinsDirector
Trustee or director
1$0
Corinne HaireDirector
Trustee or director
1$0
Lawanda DwellinghamDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
9854 NATIONAL BLVD 482, LOS ANGELES, CA 90034-2713
In care of
% SUSAN FREITAG
Principal officer (990 for 2024)
Brian Schwartz, 9854 National Blvd 482, Los Angeles, CA 90034
Signed the 990
Brian Schwartz, President
Phone
(310) 836-0340
Return prepared by
DEMERS & ASSOCIATES

California records

California keeps its own records of charities and corporations. Search them by EIN 80-0545150 or by the name FRIENDS OF THE ACADEMY OF MUSIC INC.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

To support the public high school's Music and Performance Academy curriculum through fundraising and facilitating community support for performances, equipment, attendance at competition events, and covering select costs of producing theater and music productions.

990 for the year ended June 30, 2025

Program accomplishments

  • The Academy of Music is a performance arts high school. The non-profit supports student training and excellence through field trips, funding performances, providing needed equipment, providing access to competition events, and general support of the program where districut funding falls short. The result is a greatly improved student experience.
    Expenses $101,760 · revenue $56,274

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
80-0545150
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
2010
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B94)
Assets (IRS master file)
$495,714
Income (IRS master file)
$429,862

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$403,668$116,915$495,714IRS
990June 2024$230,941$199,968$208,961IRS
990June 2023$223,619$253,654$177,988XML
990June 2022$274,030$136,615$208,023IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 80-0545150).

Questions about FRIENDS OF THE ACADEMY OF MUSIC INC

What is the EIN of FRIENDS OF THE ACADEMY OF MUSIC INC?
The employer identification number (EIN) of FRIENDS OF THE ACADEMY OF MUSIC INC is 80-0545150.
Is FRIENDS OF THE ACADEMY OF MUSIC INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2010.
Are donations to FRIENDS OF THE ACADEMY OF MUSIC INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FRIENDS OF THE ACADEMY OF MUSIC 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 FRIENDS OF THE ACADEMY OF MUSIC INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FRIENDS OF THE ACADEMY OF MUSIC INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of FRIENDS OF THE ACADEMY OF MUSIC INC?
The 990 for the year ended June 30, 2025 names Brian Schwartz.
Who are the officers and directors of FRIENDS OF THE ACADEMY OF MUSIC INC?
The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
How much revenue does FRIENDS OF THE ACADEMY OF MUSIC INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $403,668, expenses of $116,915 and total assets of $495,714 at year end.

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