Public Charity

MUSIC CENTER FOUNDATION

MUSIC CENTER FOUNDATION is a Public Charity headquartered in LOS ANGELES, CA. Financial data from the 2025 filing: $14.9M revenue, $9.1M expenses, $314.1M total assets. 26 publicly reported grants to this organization, totaling roughly $843K, appear in IRS filings.

EIN: 237298290 LOS ANGELES, CA Fund Raising & Fund Distribution NTEE: A12 Latest filing: 2025
Total Revenue$14.9M
Total Expenses$9.1M
Total Assets$314.1M
Grant Records26
Funding Total$843K
Filing Years2021–2025

Mission

THE MISSION OF MUSIC CENTER FOUNDATION IS TO PROVIDE ENDOWMENT SUPPORT TO THE MUSIC CENTER PERFORMING ARTS CENTER OF LOS ANGELES COUNTY, ITS EDUCATION AND ARTISTIC PROGRAMS AND RESIDENT COMPANIES THROUGH PLANNED GIVING FUNDRAISING AND ASSET MANAGEMENT.

Where $100 goes at Music Center Foundation

How Music Center Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$88 Programs the work itself
$6 Management running the organization
$6 Fundraising raising the next dollar

Inside the $88 for programs

$77
Endowment distributions to the music center/performing arts center of Los Angeles county, its educational activities and its affiliated performing arts companies which include Los Angeles philharmonic association, center…
87% of program spending
$11
The Music Center Foundation's lapa fund makes distributions to the Los Angeles philharmonic association
13% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR Amy R Forbes
DIRECTOR Cindy Miscikowski
DIRECTOR Darell L Krasnoff
DIRECTOR Elizabeth Michelson
DIRECTOR (AS OF 11/24) Eric Stern
DIRECTOR (AS OF 11/24) Jason Subotky

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$447,842 15 grants
Arts & Culture
$335,300 7 grants
Education
$16,800 1 grant
Unspecified
$42,576 3 grants

Financial Trends

Year Revenue Expenses Assets
2025 $14.9M $9.1M $314.1M
2024 $10.5M $10.1M $306.6M
2023 $2.5M $9.1M $285.1M
2022 $21.1M $26.2M $314.5M
2021 $8.6M $8.4M $340.7M

Between 2021 and 2025, reported annual revenue grew from $8.6M to $14.9M (+74%), with total assets most recently reported at $314.1M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for MUSIC CENTER FOUNDATION

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