Nonprofit · EIN 95-4470909
MUSICARES FOUNDATION INC
Tax-exempt · SANTA MONICA, CA 90404
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $28,826,852 | $25,153,843 | $3,673,009 | $38,379,586 | $1,336,674 | $37,042,912 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $29,513,057
- Program service revenue
- $0
- Investment income
- $1,761,943
- Net gain from sales of assets
- $191,601
- Net income from fundraising events
- -$3,367,590
- Net income from sales of inventory
- $11
- Other revenue
- -$2,448,148
Expenses
- Grants and similar amounts paid
- $17,833,217
- Compensation of officers, directors and key employees
- $724,252
- Other salaries and wages
- $3,303,671
- Salaries, compensation and benefits (total)
- $4,960,459
- Professional fundraising fees
- $60,580
- Legal fees
- $42,723
- Accounting fees
- $85,690
- Occupancy
- $14,672
- Travel
- $98,200
- Depreciation
- $10,788
- Program services (functional)
- $22,117,705
- Management and general (functional)
- $1,724,229
- Fundraising (functional)
- $1,311,909
Balance sheet and other
- Total assets, start of year
- $33,769,868
- Total assets, end of year
- $38,379,586
- Total liabilities, end of year
- $1,336,674
- Net assets, end of year
- $37,042,912
- Land, buildings and equipment
- $40,894
- Publicly traded securities
- $23,442,775
- Net assets without donor restrictions
- $32,405,681
- Net assets with donor restrictions
- $4,637,231
- Gross unrelated business income
- -$13,862
- Gross receipts
- $35,843,484
- Employees
- 41
- Volunteers
- 2,800
- Year formed
- 1989
- 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 July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| LAURA SEGURA | EXECUTIVE DIRECTOR (TO 5/25) Key employee | 40 | $382,200 | $45,613 |
| RYAN DONAHUE | SR. MANAGING DIRECTOR Highest-paid employee | 40 | $177,193 | $52,284 |
| THERESA WOLTERS | VP (TO 5/25), EXEC DIR (FROM 5/25) Key employee | 40 | $212,532 | $13,123 |
| VIRGINIA FADDY | MANAGING DIRECTOR Highest-paid employee | 40 | $158,752 | $49,034 |
| LINDSEY BURRIS | SR. MANAGING DIRECTOR Highest-paid employee | 40 | $164,087 | $41,694 |
| JENNIFER LEFF | MANAGING DIRECTOR Highest-paid employee | 40 | $144,074 | $56,373 |
| WYNNIE WYNN | MANAGING DIRECTOR Highest-paid employee | 40 | $137,305 | $18,497 |
| AMBROSIA HEALY | VICE-CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| JEFF HARLESTON | SECRETARY/TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| STEVE BOOM | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ALI HARNELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CARIANNE MARSHALL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CHRISTINE ALBERT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| CORAN CAPSHAW | DIRECTOR (FROM 8/24) Trustee or director | 1 | $0 | $0 |
| DONNA CASEINE | DIRECTOR Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DR CHELSEA GREEN | DIRECTOR (FROM 6/25) Trustee or director | 1 | $0 |
| IRVING AZOFF | DIRECTOR (FROM 8/24) Trustee or director | 1 | $0 |
| JEFF JONES | DIRECTOR Trustee or director | 1 | $0 |
| MANUEL ABUD | DIRECTOR Trustee or director | 1 | $0 |
| MARTY HOM | DIRECTOR (FROM 8/24) Trustee or director | 1 | $0 |
| PHYLICIA FANT | DIRECTOR Trustee or director | 1 | $0 |
| PJ MORTON | DIRECTOR Trustee or director | 1 | $0 |
| RITA WILSON | DIRECTOR Trustee or director | 1 | $0 |
| ROB LIGHT | DIRECTOR Trustee or director | 1 | $0 |
| TAMARA HRIVNAK | DIRECTOR Trustee or director | 1 | $0 |
| TAMMY HURT | DIRECTOR Trustee or director | 1 | $0 |
| HARVEY MASON JR | CEO Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3030 OLYMPIC BLVD, SANTA MONICA, CA 90404-5073
- Principal officer (990 for 2024)
- HARVEY MASON JR, 3030 OLYMPIC BOULEVARD, SANTA MONICA, CA 90404
- Signed the 990
- HARVEY MASON JR, CEO
- Phone
- (310) 392-3777
- Return prepared by
- DELOITTE TAX LLP
Mission
MUSICARES HELPS THE HUMANS BEHIND THE MUSIC BECAUSE MUSIC GIVES SO MUCH TO THE WORLD. MUSICARES PROVIDES A SAFETY NET OF CRITICAL HEALTH AND WELFARE SERVICES TO THE MUSIC COMMUNITY IN THREE KEY AREAS:MENTAL HEALTH & ADDICTION RECOVERY: SUPPORT, REFERRALS, AND EMERGENCY FINANCIAL ASSISTANCE FOR COUNSELING, PSYCHIATRIC CARE, INPATIENT TREATMENT, COACHING, INTENSIVE OUTPATIENT CARE, SOBER LIVING, AND MORE.HEALTH SERVICES: FINANCIAL ASSISTANCE DURING MEDICAL CRISES AND PREVENTIVE SERVICES SUCH AS DENTAL AND MEDICAL SCREENINGS, HEARING CLINICS, VOCAL HEALTH WORKSHOPS, AND ASSISTANCE OBTAINING LOW-COST HEALTH INSURANCE.HUMAN SERVICES: SUPPORT FOR BASIC LIVING EXPENSES LIKE RENT, UTILITIES, CAR PAYMENTS AND INSURANCE PREMIUMS IN TIMES OF HARDSHIP, PLUS PROGRAMS ADDRESSING AFFORDABLE HOUSING, CAREER DEVELOPMENT, LEGAL ISSUES, AND SENIOR SERVICES.
Program accomplishments
- FINANCIAL ASSISTANCE: MUSICARES PROVIDES UP TO $10,000 ANNUALLY FOR EMERGENCY BASIC LIVING, MEDICAL, OR OTHER NEEDS WITH A LIFETIME MAXIMUM OF $20,000. UNDER EXTRAORDINARY CIRCUMSTANCES, GRANTS MAY BE EXTENDED TO $25,000 BASED UPON A UNIQUE NEED. ASSISTANCE IS PROVIDED TO RECORDING INDUSTRY PERSONNEL, INCLUDING CREATIVE AND TECHNICAL PERSONNEL (I.E., MUSICIANS, COMPOSERS, ENGINEERS, PRODUCERS, ETC.), MUSIC BUSINESS STAFF (I.E., RECORD LABEL STAFF, MANAGEMENT COMPANIES, ENTERTAINMENT ATTORNEYS, MUSIC RETAILERS), AND OTHER MEMBERS OF THE MUSIC COMMUNITY WHO HAVE BEEN EMPLOYED IN THE INDUSTRY FOR AT LEAST FIVE YEARS OR WHO HAVE CREDITS ON SIX COMMERCIALLY RELEASED SINGLES. THESE GRANTS ARE MADE AVAILABLE TO MUSIC PEOPLE FACING AN UNFORESEEN MEDICAL, PERSONAL, OR FINANCIAL CRISIS. THIS CAN INCLUDE PAYMENTS FOR HEALTH CARE PROFESSIONALS AND PRESCRIPTIONS, RENT/MORTGAGE PAYMENTS, HEALTH INSURANCE PREMIUMS, AND COSTS FOR OTHER BASIC LIVING SUPPORT SERVICES. THROUGH ITS COMMUNITY OUTREACH AND EDUCATION PROGRAMS, THE FOUNDATION ALSO PROVIDES WORKSHOPS, SEMINARS, AND INDIVIDUAL CONSULTATIONS TO MEMBERS OF THE MUSIC COMMUNITY ON TOPICS RELATED TO GENERAL HEALTH AND HUMAN SERVICE NEEDS. IT ALSO PROVIDES IDEAS AND RESOURCES FOR PROACTIVELY ADDRESSING THOSE ISSUES.Expenses $9,553,269 · grants $7,632,895
- IN RESPONSE TO THE EXTREME FIRES AND UNPRECEDENTED DEVASTATION IN JANUARY 2025 IN LOS ANGELES, MUSICARES LAUNCHED DISASTER RELIEF EFFORTS TO DIRECTLY ASSIST ELIGIBLE MUSIC PROFESSIONALS IN NEED. AID INCLUDES $1,500 IN FINANCIAL ASSISTANCE AND A $500 GROCERY CARD FOR NEAR-TERM NEEDS SUCH AS NECESSITIES AND EVACUATION COSTS. MUSICARES ALSO PROVIDES ADDITIONAL, MORE SUBSTANTIAL SUPPORT FOR INDIVIDUALS WITH CONSIDERABLE IMPACT, INCLUDING ASSISTANCE FOR DAMAGED EQUIPMENT, MEDICAL NEEDS, AND RENTAL ASSISTANCE.Expenses $8,174,245 · grants $7,310,052
- MENTAL HEALTH & ADDICTION RECOVERY (FORMERLY MAP FUND): MUSICARES PROVIDES EMERGENCY FINANCIAL ASSISTANCE TO INDIVIDUALS WITHIN THE MUSIC COMMUNITY FACING ADDICTION. ASSISTANCE LIMITS ARE $20,000 PER YEAR WITH A LIFETIME LIMIT OF $20,000. THE PROGRAM MAY PROVIDE PAYMENT FOR INPATIENT TREATMENT, SOBER LIVING, AND/OR OTHER EXPENSES RELATED TO RECOVERY. THE PROGRAM ALSO PROVIDES A SUPPORT NETWORK OF RECOVERY RESOURCES FOR MUSIC PEOPLE WHO ARE TOURING THROUGHOUT THE COUNTRY. IN ADDITION, THE FOUNDATION PROVIDES WORKSHOPS AND COORDINATES MEETINGS OF INDUSTRY PROFESSIONALS TO DISCUSS THE PROBLEMS OF CHEMICAL DEPENDENCY AND DISCUSS SPECIFIC STRATEGIES FOR INTERVENTION FOR INDIVIDUALS WITHIN THE MUSIC COMMUNITY.Expenses $2,068,747 · grants $1,261,772
- MUSICARES ALSO PROVIDES VARIOUS GRANTS TO OTHER TAX-EXEMPT ORGANIZATIONS, GATHERS THE MUSIC COMMUNITY FOR A DAY OF SERVICE, HOSTS SHOWCASE CONCERTS TO EDUCATE THE COMMUNITY AND PROVIDE SERVICES, AND PROVIDES DISASTER RELIEF AID.Expenses $2,321,444 · grants $1,628,498
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 July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 95-4470909
- 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
- 1994
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A68Z)
- Assets (IRS master file)
- $38,379,586
- Income (IRS master file)
- $35,843,484
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | – | – | – | IRS |
| 990-T | July 2025 | – | – | – | IRS |
| 990 | July 2024 | – | – | – | IRS |
| 990-T | July 2024 | – | – | – | IRS |
| 990 | July 2023 | $15,259,540 | $12,751,561 | $30,052,960 | IRS |
| 990-T | July 2023 | – | – | – | IRS |
| 990 | July 2022 | $12,363,939 | $11,766,269 | $27,300,020 | IRS |
| 990-T | July 2022 | – | – | – | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990-T | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
| 990 | July 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about MUSICARES FOUNDATION INC
- What is the EIN of MUSICARES FOUNDATION INC?
- The employer identification number (EIN) of MUSICARES FOUNDATION INC is 95-4470909.
- Is MUSICARES FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to MUSICARES FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MUSICARES FOUNDATION 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 MUSICARES FOUNDATION INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MUSICARES FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of MUSICARES FOUNDATION INC?
- The 990 for the year ended July 31, 2025 names HARVEY MASON JR.
- Who are the officers and directors of MUSICARES FOUNDATION INC?
- The 990 for the year ended July 31, 2025 lists 27 people; 7 received compensation from the organization, the highest $382,200 (LAURA SEGURA, EXECUTIVE DIRECTOR (TO 5/25)).
- How much revenue does MUSICARES FOUNDATION INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $28,826,852, expenses of $25,153,843 and total assets of $38,379,586 at year end.
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