MISSION
The purpose of the Palms Music Foundation is to provide free legal aid and financial advice to musicians who cannot afford their own private help in an effort to educate and protect vulnerable artists from signing predatory contracts.
DEMOGRAPHIC
ADDRESS
8238 W MANCHESTER AVE 108
90293
COUNTY
los angeles county, CA
IN CARE OF NAME
JONATHAN R HANDLER
ORGANIZATIONAL OVERVIEW & RANKINGS
PALMS MUSIC FOUNDATION is a based in LOS ANGELES, CA, focused on Arts, Culture and Humanities causes , specifically Arts Service Organizations and Activities. Established in April 2021, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $0.00, this ranks 1,031,790 among 2,656,690 nonprofits nationally (Top 39%), demonstrating moderate financial capacity relative to its peers. At the state level, it stands at 162,689 out of 275,729 organizations in CA (Top 59%).
In los angeles county, CA, the organization ranks 37,303 out of 71,287 nonprofits by assets (Top 53%), while locally in los angeles, it stands at 8,080 among 19,629 organizations (Top 42%).
The organization reported no revenue in the most recent filing period, placing it at 1,338,951 nationally and 181,282 in CA.
Within its specific NTEE classification (A90 - A: Arts, Culture and Humanities), which includes 1,414 similar organizations, PALMS MUSIC FOUNDATION ranks 723 in assets (Top 51%) and 682 in revenue (Top 48%).
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year and operates on a November fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
N/A
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A90: Arts Service Organizations and Activities
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
TAX PERIOD
12/2022
ACCOUNTING PERIOD
12
INCOME CODE
N/A
INCOME AMOUNT
$0.00
FORM 990 REVENUE AMOUNT
$0.00
RULING DATE
04/2021
ASSET CODE
N/A
ASSET AMOUNT
$0.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
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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