Civic Intelligence

Playing for Change Foundation

EIN 20-8568061 • 501(c)3 • Santa Monica, CA

Profile

Playing for change foundation's mission is to create positive changethrough music and arts education by supporting music schools andprograms that are created and operated by the local community.

171 Pier Avenue Suite 271Santa Monica, CA 90405

www.playingforchange.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.03x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

74th percentile

0.32x

Higher debt load relative to revenue than 74% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

15th percentile

-19%

Higher net margin than 15% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

7th percentile

-25%

Faster asset growth than 7% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

12th percentile

-23%

Faster revenue growth than 12% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets94th percentile

Assets

Down

$950,565

Down $320,041 (-25%) from 2023

Liabilities

Up

$982,504

Up $281,891 (+40%) from 2023

Net Assets

Down

-$31,939

Down $601,932 (-106%) from 2023

Operations
Liabilities / Revenue74th percentileNet Margin15th percentile

Revenue

Down

$3,053,228

Down $933,325 (-23%) from 2023

Expenses

Up

$3,630,160

Up $586,961 (+19%) from 2023

Net Income

Down

-$576,932

Down $1,520,286 (-161%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth7th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0-$500KAssets 2010: $127,210Liabilities 2010: $0Net Assets 2010: $127,2102010Assets 2011: $148,978Liabilities 2011: $58,159Net Assets 2011: $90,8192011Assets 2012: $163,426Liabilities 2012: $79,883Net Assets 2012: $83,5432012Assets 2013: $182,891Liabilities 2013: $59,267Net Assets 2013: $123,6242013Assets 2014: $201,355Liabilities 2014: $17,243Net Assets 2014: $184,1122014Assets 2015: $149,345Liabilities 2015: $10,613Net Assets 2015: $138,7322015Assets 2016: $254,643Liabilities 2016: $153,699Net Assets 2016: $100,9442016Assets 2017: $107,380Liabilities 2017: $15,888Net Assets 2017: $91,4922017Assets 2018: $193,803Liabilities 2018: $34,346Net Assets 2018: $159,4572018Assets 2019: $272,951Liabilities 2019: $92,127Net Assets 2019: $180,8242019Assets 2020: $632,398Liabilities 2020: $423,818Net Assets 2020: $208,5802020Assets 2021: $1,030,554Liabilities 2021: $701,168Net Assets 2021: $329,3862021Assets 2022: $211,337Liabilities 2022: $695,589Net Assets 2022: -$484,2522022Assets 2023: $1,270,606Liabilities 2023: $700,613Net Assets 2023: $569,9932023Assets 2024: $950,565Liabilities 2024: $982,504Net Assets 2024: -$31,9392024

Highlighted filing

2024

Assets$950,565
Liabilities$982,504
Net Assets-$31,939
Open 2024 Filing

Operations Trend

Revenue Growth12th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MExpenses 2010: $606,0682010Expenses 2011: $715,3722011Expenses 2012: $758,8702012Revenue 2013: $672,529Expenses 2013: $624,076Net Income 2013: $48,4532013Revenue 2014: $663,631Expenses 2014: $660,185Net Income 2014: $3,4462014Revenue 2015: $694,610Expenses 2015: $739,990Net Income 2015: -$45,3802015Revenue 2016: $683,847Expenses 2016: $721,635Net Income 2016: -$37,7882016Revenue 2017: $976,368Expenses 2017: $835,820Net Income 2017: $140,5482017Revenue 2018: $784,903Expenses 2018: $716,715Net Income 2018: $68,1882018Revenue 2019: $959,885Expenses 2019: $887,137Net Income 2019: $72,7482019Revenue 2020: $1,264,083Expenses 2020: $1,236,338Net Income 2020: $27,7452020Revenue 2021: $1,870,331Expenses 2021: $1,749,525Net Income 2021: $120,8062021Revenue 2022: $1,369,205Expenses 2022: $2,182,843Net Income 2022: -$813,6382022Revenue 2023: $3,986,553Expenses 2023: $3,043,199Net Income 2023: $943,3542023Revenue 2024: $3,053,228Expenses 2024: $3,630,160Net Income 2024: -$576,9322024

Highlighted filing

2024

Revenue$3,053,228
Expenses$3,630,160
Net Income-$576,932
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$950,565
Liabilities
$982,504
Net assets
-$31,939
Revenue
$3,053,228
Expenses
$3,630,160
Net income
-$576,932
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.95$0.98$0.03$3.05$3.63$0.58
2023Detailed filing. Detailed filing data is available for this year.$1.27$0.70$0.57$3.99$3.04$0.94
2022Detailed filing. Detailed filing data is available for this year.$0.21$0.70$0.48$1.37$2.18$0.81
2021Detailed filing. Detailed filing data is available for this year.$1.03$0.70$0.33$1.87$1.75$0.12
2020Detailed filing. Detailed filing data is available for this year.$0.63$0.42$0.21$1.26$1.24$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.27$0.09$0.18$0.96$0.89$0.07
2018Detailed filing. Detailed filing data is available for this year.$0.19$0.03$0.16$0.78$0.72$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.11$0.02$0.09$0.98$0.84$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.25$0.15$0.10$0.68$0.72$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$0.69$0.74$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.20$0.02$0.18$0.66$0.66$0.00
2013Detailed filing. Detailed filing data is available for this year.$0.18$0.06$0.12$0.67$0.62$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$0.08$0.08$0.76
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.06$0.09$0.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.13$0.61
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 15, 2025
Return Version
2024v5.0
Gross Receipts
$3,556,967
Mission and Program Overview

Mission

Create positive change through music and arts education by supporting music schools and programs that are created and operated by the local community, and then purposefully connect those communities around the world.

Playing for change foundation's mission is to create positive change through music and arts education by supporting music schools and programs that are created and operated by the local communities worldwide.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$327,201$585,759▲ $258,558
Pledges and Grants Receivable$874,186$281,500▼ $592,686
Prepaid Expenses and Deferred Charges$44,219$83,306▲ $39,087
Total Assets$1,245,606$950,565▼ $295,041
Liabilities
Unsecured Notes Loans Payable$500,000$494,119▼ $5,881
Deferred Revenue-$435,000-
Accounts Payable and Accrued Expenses$200,613$53,385▼ $147,228
Total Liabilities$700,613$982,504▲ $281,891
Net Assets / Fund Balance
Net Assets With Donor Restrictions$643,717$239,467▼ $404,250
Net Assets Without Donor Restrictions$-98,724$-271,406▼ $172,682
Total Net Assets Fund Balance$544,993$-31,939▼ $576,932
Total Liabilities and Net Assets / Fund Balance$1,245,606$950,565▼ $295,041
Compensation and Service Providers
Top Officer PayScore unavailable

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jacob GroshongCEOFT$229,313$26,152$255,465
Jessica ReedCOOFT$81,022$8,569$89,591

Board Members and Trustees

NameTitle
Whitney Kroenke SilversteinPresident/co
Archie DruryMember
Arturo NunezMember
David HryckMember
Hank DudgeonMember
Howard HoffenMember
Josh TaekmanMember
Louis UpkinsMember
Pamela SilvaMember
Ronnie MadraMember
Sean WolfingtonMember
Karen KorponaiSecretary
Carolyn GlickTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mva Experiential LLCFundraising12210 SHERMAN WAY, North Hollywood, CA 91605$346,726
Stacey And Co LLCFundraising4529 ROYAL PALM AVENUE, Miami Beach, FL 33140$261,949
M Torre EventsFundraising1309 ROXBURY DRIVE, Los Angeles, CA 90035$163,772
Revenue and Support

Revenue Composition

Contributions and Grants
$3,437,535
Program Service Revenue
$0
Investment Income
$1,962
Other Revenue
$-386,269
All Other Contributions
$2,133,425
Change in Net Assets
$-576,932

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table36$409,002Fair Market Value (FMV)
Total Noncash Contributions36$409,002-

Audited Revenue Reconciliation

Revenue per Audited Statements
$3,053,228
Total Revenue per Audited Statements
$3,053,228
Total Revenue per Form 990
$3,053,228
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,462,750
Other Expenses$1,302,999
Total Fundraising Expense$1,013,029
Salaries, Compensation, and Employee Benefits$552,660
Professional Fundraising Fees$311,751

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Foreign Grants$1,462,750--$1,462,750
Current Officers, Directors, Trustees, and Key Employees$152,106$78,434$114,516$345,056
Fees for Services Other-$651$312,849$313,500
Fees for Services Professional Fundraising--$311,751$311,751
Travel$136,211-$32,102$168,313
Other Salaries and Wages$65,321$33,683$49,178$148,182
Occupancy--$77,050$77,050
Fees for Services Accounting-$53,961-$53,961
Payroll Taxes$14,579$7,519$10,976$33,074
All Other Expenses$154$3,952$26,465$30,571
Other Employee Benefits$11,615$5,989$8,744$26,348
Office Expenses$5,798$19,186-$24,984
Advertising$12,000-$10,837$22,837
Interest-$18,385-$18,385
Other Expenses$4,203$25,075$16,767$16,767
Insurance-$4,558-$4,558
Total Functional Expenses$2,365,738$251,393$1,013,029$3,630,160

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$3,630,160
Total Expenses per Audited Statements$3,630,160
Total Expenses per Form 990$3,630,160
International Activity

International Summary

Employees
199
Spending
$1,420,879

International Compliance

Foreign grant records maintained
Yes
Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
Sub-saharan AfricaProgram ServicesInstruments,salaries-57$468,248
South Asia (incl Se Asia)Program ServicesInstruments,salaries-79$337,546
South AmericaProgram ServicesInstruments,salaries-31$311,679
Middle East and North AfricaProgram ServicesInstruments,salaries-21$135,435
Central America and CarribbeanProgram ServicesInstruments,salaries-6$130,294
North America (canada and Mexico)Program ServicesSalaries-5$37,677
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$503,739
Professional Fundraising Fees$311,751
Fundraising Gross Income$117,470

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
La Frances$120,523---
Annual Gala$1,276,057$117,470$455,717$-338,247
Total Events$1,421,580$117,470$503,739$-386,269
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“The form 990 is sent via email to the executive committee first for full review and approval. The finance committee then reviews and sends the 990 to the board before it is filed.”

Form 990, Page 6, Part VI, Line 12C

“The conflict of interest policy is monitored by all members having reviewed and signed the policy. In the event an interested party becomes aware of a potential conflict of interest the board is notified. If there is an uncertainty, the board president consults with legal counsel and conveys the recommendation to the board. Procedures are in place to address the conflict of interest including facts and questions. The interested party recuses himself or herself from the board's deliberations on the matter. The interested party will abstain from voting on the matter and will not be present during voting. There are also procedures in place to address if the board or committee has reasonable cause to believe a potential interested party has failed to disclose actual or possible conflict of interest.”

Form 990, Page 6, Part VI, Line 15A

“The compensation for the top executive employee was determined by mutual agreement from the board of directors and the executive employee based on size of the organization, budget, etc and approved by the board of directors.”

Form 990, Page 6, Part VI, Line 15B

“The compensation for the other officer/key employee positions was determined through internal research on the market value of the position based on size of organization, budget, etc., and approved by the associate director and board president at the time. The amount remains the same, only adjusted thus far based on cost of living (cola) percentage for the given year.”

Form 990, Page 6, Part VI, Line 19

“The form 1023, form 990, governing documents and financial statements are made available to the public upon request either by mail or in person. The form 990 and financial statements are available on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Playing for Change Foundation
EIN
20-8568061
Phone
3105582900
Address
171 PIER AVENUE SUITE 271, SANTA MONICA, CA 90405

Signing Officer

Name
Jacob Groshong
Title
CEO
Phone
9293734169
Signed
2025-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Whitney Kroenke Silverstein
Formed
2007
Legal Domicile
CA
Voting Board Members
13
Independent Board Members
13
Employees
4

Preparer

Firm
Kelley Hardesty Smith and Co
Address
5240 ELMWOOD AVE STE 100, INDIANAPOLIS, IN 46203
Preparer
Kara V Lauth CPA
Phone
3177881571
Supplemental Narrative

Additional Explanations

Form 990, Page 12, Part XII, Line 2C

“The organization did not change its oversight process fom the prior year.”

Financial Statement Notes

Schedule D, Page 3, Part X

“Management evaluated the organization's tax positions and concluded that they had maintained their tax exempt status and had taken no uncertain tax positions that require adjustment to the financial statements. Therefore, no provision or liability for income taxes has been included in their financial statements.”

Raw XML AppendixShowing 400 of 669 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.

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IRS990/ActivityOrMissionDesc0PLAYING FOR CHANGE FOUNDATION'S MISSION IS TO CREATE POSITIVE CHANGE THROUGH MUSIC AND ARTS EDUCATION BY SUPPORTING MUSIC SCHOOLS AND PROGRAMS THAT ARE CREATED AND OPERATED BY THE LOCAL COMMUNITIES WORLDWIDE.
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IRS990/MissionDesc0PLAYING FOR CHANGE FOUNDATION'S MISSION IS TO CREATE POSITIVE CHANGE THROUGH MUSIC AND ARTS EDUCATION BY SUPPORTING MUSIC SCHOOLS AND PROGRAMS THAT ARE CREATED AND OPERATED BY THE LOCAL COMMUNITIES WORLDWIDE.
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IRS990/OtherExpensesGrp/Desc2BANK FEES
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MANAGEMENT EVALUATED THE ORGANIZATION'S TAX POSITIONS AND CONCLUDED THAT THEY HAD MAINTAINED THEIR TAX EXEMPT STATUS AND HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. THEREFORE, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN INCLUDED IN THEIR FINANCIAL STATEMENTS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
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IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt5468248
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0MIDDLE EAST AND NORTH AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1NORTH AMERICA (CANADA AND MEXICO)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2CENTRAL AMERICA AND CARRIBBEAN
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt3SOUTH AMERICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt4SOUTH ASIA (INCL SE ASIA)
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt5SUB-SAHARAN AFRICA
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0INSTRUMENTS,SALARIES
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1SALARIES

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