Civic Intelligence

Musicians Foundation

990EZ • Fiscal year 2019 • EIN 20-1799730

Jan 01, 2019 to Dec 31, 2019 • Filed on Feb 15, 2021

Organization Profilewww.themusiciansfoundation.org
6752 Hollywood BlvdHollywood, CA 90028

(323) 860-1130

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Down

$52,545

Down $6,639 (-11%) from 2018

Net Assets

Down

$52,545

Down $6,639 (-11%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses

Revenue

Up

$44,223

Up $11,476 (+35%) from 2018

Expenses

Up

$50,862

Up $23,816 (+88%) from 2018

Net Income

Down

-$6,639

Down $12,340 (-216%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100K$50K$0Assets 2012: $95,857Liabilities 2012: $19,4802012Assets 2013: $46,506Liabilities 2013: $102013Assets 2014: $30,852Liabilities 2014: $02014Assets 2015: $87,478Liabilities 2015: $0Net Assets 2015: $87,4782015Assets 2016: $54,454Liabilities 2016: $0Net Assets 2016: $54,4542016Assets 2017: $53,483Liabilities 2017: $0Net Assets 2017: $53,4832017Assets 2018: $59,184Liabilities 2018: $0Net Assets 2018: $59,1842018Assets 2019: $52,545Liabilities 2019: $0Net Assets 2019: $52,5452019Assets 2020: $72,742Liabilities 2020: $0Net Assets 2020: $72,7422020Assets 2021: $76,478Liabilities 2021: $0Net Assets 2021: $76,4782021

Highlighted filing

2019

Assets$52,545
Liabilities$0
Net Assets$52,545
Open 2019 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0-$50KRevenue 2012: $74,672Expenses 2012: $67,163Net Income 2012: $7,5092012Revenue 2013: $49,114Expenses 2013: $75,262Net Income 2013: -$26,1482013Revenue 2014: $57,524Expenses 2014: $73,168Net Income 2014: -$15,6442014Revenue 2015: $111,562Expenses 2015: $54,936Net Income 2015: $56,6262015Revenue 2016: $43,176Expenses 2016: $76,200Net Income 2016: -$33,0242016Revenue 2017: $32,677Expenses 2017: $33,647Net Income 2017: -$9702017Revenue 2018: $32,747Expenses 2018: $27,046Net Income 2018: $5,7012018Revenue 2019: $44,223Expenses 2019: $50,862Net Income 2019: -$6,6392019Revenue 2020: $34,891Expenses 2020: $14,694Net Income 2020: $20,1972020Revenue 2021: $40,934Expenses 2021: $37,198Net Income 2021: $3,7362021

Highlighted filing

2019

Revenue$44,223
Expenses$50,862
Net Income-$6,639
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Feb 15, 2021
Return Version
2019v5.0
Gross Receipts
$44,223
Mission and Program Overview

Mission

Charitable

Program Services

DescriptionGrantsExpenses
Donation from Stanley Clarke awarded ten scholarships in guitar to five young talented artists.$24,000$0
Donation from Seymour Duncan awarded five scholarships in bass and guitar craft to five young talented artists.$5,000$0
Donations from John Dupont awarded two scholarships in guitar to two young talented artists.$3,000$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Beth MarlisExecutive DirectorFT$0--
Kathleen ClarkFoundation SecretaryPT$0--
Filing and Contact Details

Filer

Filer Name
Musicians Foundation
EIN
20-1799730
Phone
3238601130
Address
6752 Hollywood Blvd, Hollywood, CA 90028

Signing Officer

Name
Kyle Denne
Title
Accounting Manager
Phone
3238601182
Signed
2021-02-15
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16

“Description;Amount^Banking And Merchant Fees;1116|Advertising;44|Filing Fee;20|Foundation Board Meeting Supplies;266^Total;1446^”

Raw XML Appendix167 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PersonNm0Kyle Denne
IRS990EZ/BooksInCareOfDetail/PhoneNum03238601130
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06752 Hollywood Blvd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Hollywood
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090028
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Beth Marlis
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Kathleen Clark
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Foundation Secretary
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
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IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01446
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0Charitable
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Donation from Stanley Clarke awarded ten scholarships in guitar to five young talented artists.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Donation from Seymour Duncan awarded five scholarships in bass and guitar craft to five young talented artists.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2Donations from John Dupont awarded two scholarships in guitar to two young talented artists.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt024000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt15000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt23000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt20
IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt050862
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IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.themusiciansfoundation.org/
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt044223
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt032747
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt032615
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt035586
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0102255
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0247426
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/CurrentTaxYearMinus4YearsAmt00
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IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.59321
IRS990ScheduleA/PublicSupportPY170Pct00.58154
IRS990ScheduleA/PublicSupportTotal170Amt0155664
IRS990ScheduleA/SubstantialContributorsTotAmt091762
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt035586
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IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt014985
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description;Amount^Banking And Merchant Fees;1116|Advertising;44|Filing Fee;20|Foundation Board Meeting Supplies;266^Total;1446^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16
ReasonableCauseExplanation/ExplanationTxt0Disruption From COVID-19
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Kyle Denne
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Accounting Manager
ReturnHeader/BusinessOfficerGrp/PhoneNum03238601182
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MUSICIANS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MUSI
ReturnHeader/Filer/EIN0201799730
ReturnHeader/Filer/PhoneNum03238601130
ReturnHeader/Filer/USAddress/AddressLine1Txt06752 Hollywood Blvd
ReturnHeader/Filer/USAddress/CityNm0Hollywood
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090028
ReturnHeader/ReturnTs02021-02-15T20:34:40-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,545
Liabilities
$0
Net assets
$52,545
Revenue
$44,223
Expenses
$50,862
Net income
-$6,639
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.76$0.00$0.76$0.41$0.37$0.04
2020Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.35$0.15$0.20
2019Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.44$0.51$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.33$0.27$0.06
2017Detailed filing. Detailed filing data is available for this year.$0.53$0.00$0.53$0.33$0.34$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.43$0.76$0.33
2015Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$1.12$0.55$0.57
2014Summary only. Only limited summary data is available for this year.$0.31$0.00$0.58$0.73$0.16
2013Summary only. Only limited summary data is available for this year.$0.47$0.00$0.49$0.75$0.26
2012Summary only. Only limited summary data is available for this year.$0.96$0.19$0.75$0.67$0.08