Liabilities / Assets
54th percentile
Tied with the lowest-debt nonprofits in its peer group.
990EZ • Fiscal year 2015 • EIN 20-1799730
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
54th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
54th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
92nd percentile
Higher net margin than 92% of similar nonprofits.
Top Officer Pay
Score unavailable
This filing does not contain officer compensation rows.
Asset Growth
95th percentile
Faster asset growth than 95% of similar nonprofits.
Revenue Growth
92nd percentile
Faster revenue growth than 92% of similar nonprofits.
Assets
Up$87,478
Up $56,626 (+184%) from 2014
Net Assets
$87,478
No earlier filing loaded for comparison.
Liabilities
Flat$0
Flat from 2014
Revenue
Up$111,562
Up $54,038 (+94%) from 2014
Expenses
Down$54,936
Down $18,232 (-25%) from 2014
Net Income
Up$56,626
Up $72,270 (+462%) from 2014
Charitable
| Description | Grants | Expenses |
|---|---|---|
| The Stanley Clarke Foundation has provided scholarships for 5 talented and deserving young artist as they prepare for a career in music. | $12,000 | $0 |
| Donation form Joe Bonamassa Torch Bearer awarded a student with full scholarship for fall quarter in Guitar program. | $8,750 | $0 |
| The Schecter Synyster Gates Guitar Scholarship has assisted 3 advanced Heavy Rock and Metal guitarists with their educational development. | $3,750 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Beth Marlis | Chief Executive Officer | FT | $0 | - | - |
| Monica Mancillas | Foundation Secretary | PT | $0 | - | - |
“Rent revenue from usage of concert hall.”
“The Foundation awarded 22 Scholarships to 35 students during Calendar Year 2015. The BA of Music Scholarship awarded $1,000 to 1 student. The Chuck Silverman Memorial awarded $2,000 to 2 students. D'Addario Foundation awarded $1,500 to 1 students. The Daisy Rock Scholarship awarded $1,000 to 1 student. The ESP Guitar Scholarship awarded $3,000 to 3 students. The Evans Drum Scholarship awarded $2,000 to 2 students. The Frank Gambale Guitar Scholarship awarded $1,500 to 1 student. The Hard Rock Café Scholarship awarded $2,000 to 2 students. The Hosa Technology awarded $1,000 to 1 student. The Joe Bonamassa Torch Bearer Scholarship awarded $8,750 to 1 student. The Kevin Lyman Music Business Scholarship awarded $500 for 1 student. The Music Business Program Entrepreneur Scholarship awarded $1,000 to 1 student. The Mitch Faber Memorial Blues Scholarship awarded $1,000 to 1 student. The Schecter Synyster Gater Scholarship awarded $3,750 to 3 student. The Seymour Duncan Guitar Scholarship awarded $2,000 to 2 students. The Sheila E. Drum Scholarships awarded $1,500 to 1 student. The Stanley Clarke Scholarship awarded $12,000 to 5 students. The Takamine Guitar Scholarship awarded $1,500 to 1 student. The W. Crane Guy Memorial Scholarship awarded $3,000 to 3 students. The Western Conference Hip-Hop Scholarship awarded $1,000 to 1 student. The Melodic Soloing Scholarship awarded $1,500 to 1 student”
“Service charges and filling fee.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | Vuong Tran |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3238604354 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 1621 N McCadden Pl |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Hollywood |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 90028 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 30852 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 87478 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 104017 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 56626 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 800 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form1120PolFiledInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 30852 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 87478 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GamingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 53950 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 111562 |
| IRS990EZ/GrossSalesOfInventoryAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MembershipDuesAmt | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 30852 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 87478 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 30852 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 87478 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Beth Marlis |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | Monica Mancillas |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Chief Executive Officer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Foundation Secretary |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 186 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 7545 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Charitable |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 0 |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The Stanley Clarke Foundation has provided scholarships for 5 talented and deserving young artist as they prepare for a career in music. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Donation form Joe Bonamassa Torch Bearer awarded a student with full scholarship for fall quarter in Guitar program. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | The Schecter Synyster Gates Guitar Scholarship has assisted 3 advanced Heavy Rock and Metal guitarists with their educational development. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 12000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 8750 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 3750 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 2 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | CA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 54936 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 111562 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 102255 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 53859 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 41668 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 67455 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 43995 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 309232 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 7545 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2170 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 9715 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 14186 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.58892 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.56 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 187833 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 121399 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 102255 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 53859 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 41668 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 67455 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 43995 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 309232 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 318947 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Rent revenue from usage of concert hall. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The Foundation awarded 22 Scholarships to 35 students during Calendar Year 2015. The BA of Music Scholarship awarded $1,000 to 1 student. The Chuck Silverman Memorial awarded $2,000 to 2 students. D'Addario Foundation awarded $1,500 to 1 students. The Daisy Rock Scholarship awarded $1,000 to 1 student. The ESP Guitar Scholarship awarded $3,000 to 3 students. The Evans Drum Scholarship awarded $2,000 to 2 students. The Frank Gambale Guitar Scholarship awarded $1,500 to 1 student. The Hard Rock Café Scholarship awarded $2,000 to 2 students. The Hosa Technology awarded $1,000 to 1 student. The Joe Bonamassa Torch Bearer Scholarship awarded $8,750 to 1 student. The Kevin Lyman Music Business Scholarship awarded $500 for 1 student. The Music Business Program Entrepreneur Scholarship awarded $1,000 to 1 student. The Mitch Faber Memorial Blues Scholarship awarded $1,000 to 1 student. The Schecter Synyster Gater Scholarship awarded $3,750 to 3 student. The Seymour Duncan Guitar Scholarship awarded $2,000 to 2 students. The Sheila E. Drum Scholarships awarded $1,500 to 1 student. The Stanley Clarke Scholarship awarded $12,000 to 5 students. The Takamine Guitar Scholarship awarded $1,500 to 1 student. The W. Crane Guy Memorial Scholarship awarded $3,000 to 3 students. The Western Conference Hip-Hop Scholarship awarded $1,000 to 1 student. The Melodic Soloing Scholarship awarded $1,500 to 1 student |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Service charges and filling fee. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16 |
| ReasonableCauseExplanation/ExplanationTxt | 0 | Sorry for the late filing. We had a couple changes in employees this year. Former employee who prepared prior 990 filing had left, and the current employee had no knowledge of charitable organization tax filing. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Vuong Tran |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Senior Accountant |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 3238601182 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-10-25 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MUSICIANS FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MUSI |
| ReturnHeader/Filer/EIN | 0 | 201799730 |
| ReturnHeader/Filer/PhoneNum | 0 | 3238604354 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 6752 Hollywood Blvd |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Hollywood |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 90028 |
| ReturnHeader/ReturnTs | 0 | 2016-10-26T14:11:07-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.