MUSICARES FOUNDATION INC

SANTA MONICA, CA, 90404 (310) 392-3777 Est. 1989 EIN 95-4470909
A68Z - Arts, Culture & Humanities 990 - Public charity return 501(c)(3)
www.musicares.org

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.

Giving Portfolio

Total Grants
2
Total Giving
$26K
Recipients
2
Years Active
2022 - 2024
Avg grant: $13,228 Median: $13,228

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$17K $17K10
20221$9K $9K10

Sectors Funded

Arts, Culture & Humanities
1
Philanthropy & Grantmaking
1

Top States

California
1
New York
1

Grantee Size Profile

Over $50M
1
$10M - $50M
1

Top Grantees

Grants Awarded · 2 grants

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Financials

Total Revenue
$28,826,852
Total Expenses
$25,153,843
Net Assets
$37,042,912
41 employees 2,800 volunteers
From latest filing (tax period ending 2025-07-31)

Financial Health

Operating Reserve
17.7 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 105.4%
Expenses ↑ 112.9%
Revenue Sources
Contributions 102.4% Investment 6.1%
Expense Breakdown
Program 87.9% Management 6.9% Fundraising 5.2%

Officers & Trustees (27)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Aug 1, 2024 to Jul 31, 2025
$28,826,852 ↑$25,153,843$37,042,912
2023 990 - Public charity return
Aug 1, 2023 to Jul 31, 2024
$14,035,971 ↓$11,817,091$32,685,632
2022 990 - Public charity return
Aug 1, 2022 to Jul 31, 2023
$15,259,540 ↑$12,751,561$29,161,774
2021 990 - Public charity return
Aug 1, 2021 to Jul 31, 2022
$12,363,939 ↓$11,766,269$25,853,524
2020 990 - Public charity return
Aug 1, 2020 to Jul 31, 2021
$14,053,875 ↓$15,353,857$29,672,142
2019 990 - Public charity return
Aug 1, 2019 to Jul 31, 2020
$32,357,649 ↑$26,860,161$27,474,322
2017 990 - Public charity return
Aug 1, 2017 to Jul 31, 2018
$9,310,958 $10,812,088$23,030,503

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EIN: 95-4470909 · Source: IRS Form 990 e-file data