Civic Intelligence

Music Fund of Los Angeles

990EZ • Fiscal year 2014 • EIN 20-8651634

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 12, 2015

Organization ProfileN/A
817 North Vine StreetLos Angeles, CA 90038

(323) 993-3103

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

4th percentile

-125%

Higher net margin than 4% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

15th percentile

-31%

Faster asset growth than 15% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

87th percentile

58%

Faster revenue growth than 87% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets55th percentile

Assets

Down

$53,532

Down $23,558 (-31%) from 2013

Net Assets

Down

$53,532

Down $23,558 (-31%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin4th percentile

Revenue

Up

$18,876

Up $6,931 (+58%) from 2013

Expenses

Up

$42,434

Up $15,939 (+60%) from 2013

Net Income

Down

-$23,558

Down $9,008 (-62%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth15th percentile

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

$150K$100K$50K$0Assets 2010: $111,944Liabilities 2010: $0Net Assets 2010: $111,9442010Assets 2011: $120,559Liabilities 2011: $0Net Assets 2011: $120,5592011Assets 2012: $91,640Liabilities 2012: $0Net Assets 2012: $91,6402012Assets 2013: $77,090Liabilities 2013: $0Net Assets 2013: $77,0902013Assets 2014: $53,532Liabilities 2014: $0Net Assets 2014: $53,5322014Assets 2015: $47,462Liabilities 2015: $0Net Assets 2015: $47,4622015Assets 2016: $55,607Liabilities 2016: $0Net Assets 2016: $55,6072016Assets 2017: $86,797Liabilities 2017: $0Net Assets 2017: $86,7972017Assets 2018: $91,885Net Assets 2018: $91,8852018Assets 2019: $79,374Liabilities 2019: $0Net Assets 2019: $79,3742019Assets 2020: $76,788Liabilities 2020: $0Net Assets 2020: $76,7882020Assets 2021: $63,601Liabilities 2021: $0Net Assets 2021: $63,6012021

Highlighted filing

2014

Assets$53,532
Liabilities$0
Net Assets$53,532
Open 2014 Filing

Operations Trend

Revenue Growth87th percentile

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

$60K$40K$20K$0-$20K-$40KRevenue 2010: $20,102Expenses 2010: $7,625Net Income 2010: $12,4772010Revenue 2011: $17,238Expenses 2011: $8,623Net Income 2011: $8,6152011Revenue 2012: $18,573Expenses 2012: $47,492Net Income 2012: -$28,9192012Revenue 2013: $11,945Expenses 2013: $26,495Net Income 2013: -$14,5502013Revenue 2014: $18,876Expenses 2014: $42,434Net Income 2014: -$23,5582014Revenue 2015: $69Expenses 2015: $6,139Net Income 2015: -$6,0702015Revenue 2016: $22,620Expenses 2016: $14,475Net Income 2016: $8,1452016Revenue 2017: $33,881Expenses 2017: $2,691Net Income 2017: $31,1902017Revenue 2018: $11,996Expenses 2018: $6,908Net Income 2018: $5,0882018Revenue 2019: -$1,768Expenses 2019: $10,743Net Income 2019: -$12,5112019Revenue 2020: $9,385Expenses 2020: $11,971Net Income 2020: -$2,5862020Revenue 2021: $8,372Expenses 2021: $21,559Net Income 2021: -$13,1872021

Highlighted filing

2014

Revenue$18,876
Expenses$42,434
Net Income-$23,558
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 12, 2015
Return Version
2014v5.0
Gross Receipts
$46,305
Mission and Program Overview

Mission

To provide assistance to musicians who are suffering from illness, poverty, other distress and sponsor free musical concerts featuring professional musicians and showcasing the variety of musical styles.

Program Services

DescriptionGrantsExpenses
ANNUAL GOLF TOURNAMENT HELD SEPTEMBER 29, 2014 TO BENEFIT THE NEEDS OF MUSICIANS WHO ARE SUFFERING FROM ILLNESS, POVERTY OR OTHER DISTRESS.$0$39,535
Compensation and Service Providers
Top Officer Pay74th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HAL ESPINOSAPresident-$0--
VINCE TROMBETTAVice President-$0--
JOHN ACOSTASecty/CFO-$0--
JAMES GARRISONDirector-$0--
LEWIS LEVY ESQDirector-$0--
ZEINA WHITEExecutive Director-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$46,305$46,305$27,368$18,937
Total Events$46,305$46,305$39,535$6,770
Filing and Contact Details

Filer

Filer Name
Local 47 Musicians Foundation
EIN
20-8651634
Phone
3239933103
Address
817 NORTH VINE STREET, LOS ANGELES, CA 90038

Signing Officer

Name
Gary Lasley
Title
Officer
Phone
3239933103
Signed
2015-08-12

Preparer

Firm
Bernard Kotkin & Company Llp
Address
533 S FREMONT AVENUE SUITE 802, LOS ANGELES, CA 90071
Phone
2138929090
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: credit card charges. Amount: 743. Description: taxes and fees. Amount: 40. Description: advertising. Amount: 6,320. Description: web hosting. Amount: 1,000. Description: miscellaneous expenses. Amount: 3,503. Total to form 990-ez, line 16: 11,606.”

Raw XML Appendix158 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/BenefitsPaidToOrForMembersAmt030328
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JANE KHARARJIAN
IRS990EZ/BooksInCareOfDetail/PhoneNum03239933103
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0817 NORTH VINE STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOS ANGELES
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090038
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt077090
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt053532
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-23558
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt077090
IRS990EZ/Form990TotalAssetsGrp/EOYAmt053532
IRS990EZ/FundraisingGrossIncomeAmt046305
IRS990EZ/GrossReceiptsAmt046305
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt077090
IRS990EZ/NetAssetsOrFundBalancesEOYAmt053532
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt077090
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt053532
IRS990EZ/OccupancyRentUtltsAndMaintAmt0500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.05
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HAL ESPINOSA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1VINCE TROMBETTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN ACOSTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3JAMES GARRISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LEWIS LEVY ESQ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5ZEINA WHITE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECTY/CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5EXECUTIVE DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt011606
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE ASSISTANCE TO MUSICIANS WHO ARE SUFFERING FROM ILLNESS, POVERTY, OTHER DISTRESS AND SPONSOR FREE MUSICAL CONCERTS FEATURING PROFESSIONAL MUSICIANS AND SHOWCASING THE VARIETY OF MUSICAL STYLES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ANNUAL GOLF TOURNAMENT HELD SEPTEMBER 29, 2014 TO BENEFIT THE NEEDS OF MUSICIANS WHO ARE SUFFERING FROM ILLNESS, POVERTY OR OTHER DISTRESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt039535
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SpecialEventsDirectExpensesAmt027429
IRS990EZ/SpecialEventsNetIncomeLossAmt018876
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CA
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt042434
IRS990EZ/TotalProgramServiceExpensesAmt039535
IRS990EZ/TotalRevenueAmt018876
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt032000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt032000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt05000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt017000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt010000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt032000
IRS990ScheduleA/TotalSupportAmt032000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt039535
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt046305
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt046305
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt046305
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt046305
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt06770
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt027368
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt027368
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt012167
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt012167
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CREDIT CARD CHARGES. AMOUNT: 743. DESCRIPTION: TAXES AND FEES. AMOUNT: 40. DESCRIPTION: ADVERTISING. AMOUNT: 6,320. DESCRIPTION: WEB HOSTING. AMOUNT: 1,000. DESCRIPTION: MISCELLANEOUS EXPENSES. AMOUNT: 3,503. TOTAL TO FORM 990-EZ, LINE 16: 11,606.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-04-25 22:37:26Z
ReturnHeader/BusinessOfficerGrp/PersonNm0GARY LASLEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum03239933103
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LOCAL 47 MUSICIANS FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LOCA
ReturnHeader/Filer/EIN0208651634
ReturnHeader/Filer/PhoneNum03239933103
ReturnHeader/Filer/USAddress/AddressLine1Txt0817 NORTH VINE STREET
ReturnHeader/Filer/USAddress/CityNm0LOS ANGELES
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090038
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0952556670
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BERNARD KOTKIN & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0533 S FREMONT AVENUE SUITE 802
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LOS ANGELES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090071
ReturnHeader/PreparerPersonGrp/PhoneNum02138929090
ReturnHeader/ReturnTs02015-08-12T13:32:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$53,532
Liabilities
$0
Net assets
$53,532
Revenue
$18,876
Expenses
$42,434
Net income
-$23,558
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2021Detailed filing. Detailed filing data is available for this year.$0.64$0.00$0.64$0.08$0.22$0.13
2020Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.09$0.12$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.79$0.00$0.79$0.02$0.11$0.13
2018Detailed filing. Detailed filing data is available for this year.$0.92$0.92$0.12$0.07$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.87$0.00$0.87$0.34$0.03$0.31
2016Detailed filing. Detailed filing data is available for this year.$0.56$0.00$0.56$0.23$0.14$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.47$0.00$0.47$0.00$0.06$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.19$0.42$0.24
2013Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.12$0.26$0.15
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.00$0.92$0.19$0.47$0.29
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.21$0.00$1.21$0.17$0.09$0.09
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.12$0.00$1.12$0.20$0.08$0.12