Public Charity

NARAS PROPERTIES INC

NARAS PROPERTIES INC is a nonprofit organization categorized as Public Charity based in SANTA MONICA, CA. Its most recent IRS filing (2025) reports revenue of $5.3M, expenses of $1.6M, total assets of $54.8M.

EIN: 954516666 SANTA MONICA, CA Latest filing: 2025
Total Revenue$5.3M
Total Expenses$1.6M
Total Assets$54.8M
Grant Records0
Filing Years2021–2025

Mission

TO HOLD REAL PROPERTY, COLLECT RENT THEREFROM AND TURN OVER THE ENTIRE AMOUNT THEREOF, LESS EXPENSES, TO THE NATIONAL ACADEMY OF RECORDING ARTS & SCIENCES, INC.

Officers & Directors

DIRECTOR Branden Chapman
CHIEF EXECUTIVE OFFICER Harvey Mason Jr
CHIEF FINANCIAL OFFICER Wayne J Zahner

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $5.3M $1.6M $54.8M
2024 $5.3M $1.6M $51.2M
2023 $5.2M $1.7M $48.8M
2022 $4.5M $1.3M $50.3M
2021 $4.5M $1.2M $51.3M

Between 2021 and 2025, reported annual revenue grew from $4.5M to $5.3M (+18%), with total assets most recently reported at $54.8M.

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

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