DEMOGRAPHIC
ADDRESS
135 NORTH GRAND AVE
90012
COUNTY
los angeles county, CA
ORGANIZATIONAL OVERVIEW & RANKINGS
MUSIC CENTER FOUNDATION is a based in LOS ANGELES, CA, focused on Arts, Culture and Humanities causes . Established in July 1973, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $285,118,946.00, this ranks 4,270 among 2,656,690 nonprofits nationally (Top 1%), demonstrating exceptional financial capacity relative to its peers. At the state level, it stands at 476 out of 275,729 organizations in CA (Top 1%).
In los angeles county, CA, the organization ranks 145 out of 71,287 nonprofits by assets (Top 1%), while locally in los angeles, it stands at 58 among 19,629 organizations (Top 1%).
The organization reported annual revenue of $2,501,518.00, ranking 74,454 nationally (Top 3%) and 8,276 in CA (Top 4%).
Within its specific NTEE classification (A120 - A: Arts, Culture and Humanities), which includes 98 similar organizations, MUSIC CENTER FOUNDATION ranks 1 in assets (Top 1%) and 19 in revenue (Top 19%).
The organization files a 990 (all other) or 990EZ return and operates on a February fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Gifts grants or loans to other organizations
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
03/2023
ACCOUNTING PERIOD
03
INCOME CODE
8: $10,000,000 to $49,999,999
INCOME AMOUNT
$11,740,456.00
FORM 990 REVENUE AMOUNT
$2,501,518.00
RULING DATE
07/1973
ASSET CODE
9: $50,000,000 to greater
ASSET AMOUNT
$285,118,946.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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