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Nonprofit · EIN 88-3094294

LIVE MUSIC FOSTERING COMMUNITY

Tax-exempt · E PALO ALTO, CA 94303

Financials

$177K$143K2023$155K$131K2024$206K$241K2025
Revenue Expenses · by fiscal year end
Financials of LIVE MUSIC FOSTERING COMMUNITY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$206,443$241,388-$34,945$147,536$0$147,536
December 31, 2024990-EZ$154,955$131,028$23,927$182,481$0$182,481
December 31, 2023990$177,242$142,548$34,694$158,554$0$158,554
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$206,443
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$241,388

Balance sheet and other

Total assets, start of year
$182,481
Total assets, end of year
$147,536
Total liabilities, end of year
$0
Net assets, end of year
$147,536
Net assets without donor restrictions
$147,536
Gross receipts
$206,443
Employees
0
Year formed
2022
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
RICKI BANKSDIRECTOR
Trustee or director
6$0
MARY ANN ROTHGERYDIRECTOR
Trustee or director
1$0
KAREN BEVERIDGEDIRECTOR
Trustee or director
3$0
SCOTT G JACOBSCEO
Officer
8$0
CORNELIA FLETCHERCFO
Officer
10$0
MAURA COGHLANOFFICER
Officer
8$0
990-EZ for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
SCOTT G JACOBSCEO9$0
CORNELIA FLETCHERCFO16$0
MAURA COGHLANOFFICER7$0
RICKI BANKSDIRECTOR5$0
MARY ANN ROTHGERYDIRECTOR1$0
KAREN BEVERIDGEDIRECTOR3$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
LISA GLEATONSECRETARY
Officer
10$0
CORNELIA FLETCHERCFO
Officer
10$0
SCOTT G JACOBSCEO
Officer
10$0

Address and contacts

Address (IRS master file)
857 GREEN ST, E PALO ALTO, CA 94303-1948
In care of
% CORNELIA FLETCHER
Principal officer (990 for 2025)
SCOTT G JACOBS, 857 GREEN STREET, EAST PALO ALTO, CA 94303
Signed the 990
CORNELIA FLETCHER, CEO
Phone
(650) 526-2594
Return prepared by
JEFFREY SCHABOWSKI CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 88-3094294 or by the name LIVE MUSIC FOSTERING COMMUNITY.

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

Mission

PROVIDE FREE LIVE MUSIC PERFORMANCES TO FOSTER COMMUNITY IN OUR CULTURALLY AND ECONOMICALLY DIVERSE REGION.

990 for the year ended December 31, 2025

Program accomplishments

  • LIVE MUSIC FOSTERING COMMUNITY ORGANIZED, PAID FOR, PROMOTED AND HOSTED 49 LIVE MUSIC EVENTS.
    Expenses $241,388 · revenue $206,443

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

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
88-3094294
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
2022
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$147,536
Income (IRS master file)
$206,443

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$206,443$241,388$147,536IRS
990-EZDecember 2024$154,955$131,028$182,481IRS
990December 2023$177,242$142,548$158,554XML
990December 2022$410,970$287,110$123,860IRS

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 88-3094294).

Questions about LIVE MUSIC FOSTERING COMMUNITY

What is the EIN of LIVE MUSIC FOSTERING COMMUNITY?
The employer identification number (EIN) of LIVE MUSIC FOSTERING COMMUNITY is 88-3094294.
Is LIVE MUSIC FOSTERING COMMUNITY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to LIVE MUSIC FOSTERING COMMUNITY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does LIVE MUSIC FOSTERING COMMUNITY 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 LIVE MUSIC FOSTERING COMMUNITY due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did LIVE MUSIC FOSTERING COMMUNITY last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of LIVE MUSIC FOSTERING COMMUNITY?
The 990 for the year ended December 31, 2025 names SCOTT G JACOBS.
Who are the officers and directors of LIVE MUSIC FOSTERING COMMUNITY?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does LIVE MUSIC FOSTERING COMMUNITY have?
On its 990 for the year ended December 31, 2025 it reported revenue of $206,443, expenses of $241,388 and total assets of $147,536 at year end.

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