Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
990 • Fiscal year 2018 • EIN 23-7298290
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
56th percentile
Higher debt load relative to assets than 56% of similar nonprofits.
Liabilities / Revenue
97th percentile
Higher debt load relative to revenue than 97% of similar nonprofits.
Net Margin
7th percentile
Higher net margin than 7% of similar nonprofits.
Top Officer Pay
16th percentile
Higher top officer pay than 16% of similar nonprofits.
Top officer pay equals 5.3% of source-year revenue.
Asset Growth
2nd percentile
Faster asset growth than 2% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Assets
Down$302,721,044
Down $132,495,667 (-30%) from 2017
Net Assets
Up$191,157,607
Up $14,514,513 (+8.2%) from 2017
Liabilities
Down$111,563,437
Down $147,010,180 (-57%) from 2017
Revenue
Up$7,229,918
Up $2,530,344 (+54%) from 2017
Expenses
Up$8,510,837
Up $807,881 (+10%) from 2017
Net Income
Up-$1,280,919
Up $1,722,463 (+57%) from 2017
The mission of music center foundation is to provide endowment support to the music center performing arts center of los angeles county, its education and artistic programs and resident companies through planned giving fundraising and asset management.
Endowment management and financial support of programming at los angeles' music center.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Investments in Publicly Traded Securities | $142,718,778 | $154,111,637 | ▲ $11,392,859 |
| Pledges and Grants Receivable | $24,002,772 | $26,205,763 | ▲ $2,202,991 |
| Savings and Temporary Cash Investments | $9,856,089 | $9,441,707 | ▼ $414,382 |
| Other Notes and Loans Receivable, Net | $182,888 | $891,554 | ▲ $708,666 |
| Prepaid Expenses and Deferred Charges | $435,262 | $10,658 | ▼ $424,604 |
| Land, Buildings, and Equipment, Net | $9,978 | $9,978 | → $0 |
| Total Assets | $435,216,711 | $302,721,044 | ▼ $132,495,667 |
| Other Assets Total | $258,010,944 | $112,049,747 | ▼ $145,961,197 |
| Liabilities | |||
| Other Liabilities | $258,431,816 | $110,141,427 | ▼ $148,290,389 |
| Accounts Payable and Accrued Expenses | $141,801 | $1,422,010 | ▲ $1,280,209 |
| Total Liabilities | $258,573,617 | $111,563,437 | ▼ $147,010,180 |
| Net Assets / Fund Balance | |||
| Permanently Rstr Net Assets | $117,902,227 | $122,061,756 | ▲ $4,159,529 |
| Temporarily Rstr Net Assets | $58,740,867 | $69,095,851 | ▲ $10,354,984 |
| Total Net Assets Fund Balance | $176,643,094 | $191,157,607 | ▲ $14,514,513 |
| Total Liabilities and Net Assets / Fund Balance | $435,216,711 | $302,721,044 | ▼ $132,495,667 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Equipment | $9,978 | $18,317 | $28,295 |
| Other Assets Org | $358,925 | - | - |
| Period | Beginning | Contrib. | Gain/Loss | Other Uses | End |
|---|---|---|---|---|---|
| 2017 | $176,643,094 | $3,438,205 | ▲ $19,287,152 | - | $191,157,629 |
| 2016 | $165,647,532 | $2,017,689 | ▲ $16,380,829 | - | $176,643,094 |
| 2015 | $171,807,713 | $3,496,207 | ▼ $1,862,480 | - | $165,647,532 |
| 2014 | $164,125,497 | $2,616,339 | ▲ $12,070,381 | - | $171,807,713 |
| 2013 | $150,005,572 | $2,530,981 | ▲ $18,225,120 | - | $164,125,497 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Steven T Benson | President | FT | $337,308 | $47,775 | $385,083 |
| Name | Title |
|---|---|
| Peter W Mullin | Chairman |
| Darell L Krasnoff | Vice Chairman |
| C Daniel Ewell | Vice Chairman/treasurer |
| Stuart M Ketchum | Vice President |
| Bowen H Mccoy | Director |
| Frank E Baxter | Director |
| Jerrold L Eberhardt | Director |
| John Emerson | Director |
| Kenneth Williams | Director |
| Kiki Gindler | Director |
| Lisa Specht | Director |
| Marc I Stern | Director |
| Sarah H Ketterer | Director |
| Shelby Notkin | Director |
| Stephen F Hinchliffe | Director |
| Susan C Schnabel | Director |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| Monticello Associates INC | Investment Consultant | 1200 17TH ST 2600, Denver, CO 80202 | $300,000 |
| Singerlewak LLP | Accounting/tax | 10960 WILSHIRE BLVD 7TH FLOOR, Los Angeles, CA 90024 | $105,923 |
| Contribution Type | Contribution Count | Reported Amount | Valuation Method |
|---|---|---|---|
| Securities Closely Held Stock | 1 | $252,617 | Fair Market Value (FMV) |
| Total Noncash Contributions | 1 | $252,617 | - |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $7,204,168 |
| Total Fundraising Expense | $748,491 |
| Other Expenses | $684,082 |
| Salaries, Compensation, and Employee Benefits | $622,587 |
| Professional Fundraising Fees | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $7,204,168 | - | - | $7,204,168 |
| Fees for Service Investment Mgmnt Fees | - | $251,102 | $251,102 | $502,204 |
| Current Officers, Directors, Trustees, and Key Employees | - | $194,396 | $194,396 | $388,792 |
| Fees for Services Accounting | - | $84,676 | $84,676 | $169,352 |
| Other Salaries and Wages | - | $81,551 | $81,551 | $163,102 |
| Other Employee Benefits | - | $21,791 | $21,791 | $43,582 |
| Fees for Services Other | - | $157 | $33,159 | $33,316 |
| Payroll Taxes | - | $13,207 | $13,208 | $26,415 |
| Insurance | - | $8,477 | $8,477 | $16,954 |
| Conferences and Meetings | - | $7,779 | $7,779 | $15,558 |
| Office Expenses | - | $6,163 | $6,163 | $12,326 |
| Fees for Services Legal | - | $5,866 | $5,866 | $11,732 |
| Occupancy | - | $2,778 | $2,777 | $5,555 |
| Other Expenses | - | $1,925 | $1,925 | $3,850 |
| Pension Plan Contributions | - | $348 | $348 | $696 |
| All Other Expenses | - | $-129,745 | $-129,408 | $-259,153 |
| Total Functional Expenses | $7,204,168 | $558,178 | $748,491 | $8,510,837 |
| Line Item | Amount |
|---|---|
| Total Expenses per Form 990 | $8,510,837 |
| Expenses per Audited Statements | $8,210,837 |
| Total Expenses per Audited Statements | $8,210,837 |
| Expenses Not Reported on Financial Statements | $300,000 |
| Expenses Not Reported on Form 990 | $0 |
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Los Angeles Philharmonic Association | Los Angeles, CA | 501(c)(3) | General Support | $3,235,712 |
| The Music Center Performing Arts Center of Los Angeles County | Los Angeles, CA | 501(c)(3) | General Support | $1,502,421 |
| Center Theatre Group of Los Angeles Inc | Los Angeles, CA | 501(c)(3) | General Support | $1,269,350 |
| Los Angeles Opera Company | Los Angeles, CA | 501(c)(3) | General Support | $1,003,274 |
| Los Angeles Master Chorale Association | Los Angeles, CA | 501(c)(3) | General Support | $193,412 |
| Region | Activity | Services | Offices | Employees | Spending |
|---|---|---|---|---|---|
| Central America and the Caribbean - Antigua & Barbuda, Aruba, Bahamas, | Investments | N/a | 0 | 0 | $31,276,644 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Liability | Amount |
|---|---|
| Funds Held for Others | $106,371,739 |
| Distributions Payable | $3,002,458 |
| Obligations Under Annuities & Trusts | $408,305 |
| Obligations Under Pension Plan | $358,925 |
“The audit committee meets with the auditors to review and discuss a draft of the form 990. Once approved by the audit committee, the form is presented to the entire board of directors. The return is then electronically filed.”
“The organization sends a conflict of interest questionnaire annually to the board of directors and officers. The questionnaires are reviewed to ensure they are compliant with the policy.”
“A survey of compensation for comparable positions was performed and approved by the board.”
“Form 1023 and all other informational return documents are available to the public upon written request.”
“The music center foundation makes its governing documents, conflict of interest policy, financial statements, and informational returns available upon written request. The informational returns are also made available to the public through www.guidestar.org, a public website.”
“Proceeds from sale of stocks & cost or other basis: the music center foundation has investment accounts, hedge funds and other investment partnerships with many stock transactions. Due to the large quantity of stock transactions, this information is not included in the return, but is available upon request.”
“Changes in value of split-interest agreements 860,767.”
“Since the filing of prior year's informational return, there have been no changes to the audit oversight and selection process.”
“Annual distributions to support the performing arts at the music center/ performing arts center of los angeles county and its resident companies.”
“The foundation recognizes the impact of tax positions in the financial statements if that position is more likely than not to be sustained on audit, based on the technical merits of the position. To date, the foundation has not recorded an uncertain tax positions. The foundation recognizes potential accrued interest and penalties related to uncertain tax positions in income tax expense. During the year ended march 31, 2018, the foundation did not recognize any amount in potential interest and penalties associated with uncertain tax positions.”
“Changes in value of split-interest agreements 860,767.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 141801 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 1422010 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | ENDOWMENT MANAGEMENT AND FINANCIAL SUPPORT OF PROGRAMMING AT LOS ANGELES' MUSIC CENTER. |
| IRS990/AllOtherContributionsAmt | 0 | 3468039 |
| IRS990/AllOtherExpensesGrp/FundraisingAmt | 0 | -129408 |
| IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt | 0 | -129745 |
| IRS990/AllOtherExpensesGrp/TotalAmt | 0 | -259153 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 1 |
| IRS990/BackupWthldComplianceInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | STEVEN T BENSON PRESIDENT |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 2139728046 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 135 NORTH GRAND AVE |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | LOS ANGELES |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | CA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 900123013 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 2 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompCurrentOfcrDirectorsGrp/FundraisingAmt | 0 | 194396 |
| IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt | 0 | 194396 |
| IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt | 0 | 388792 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConferencesMeetingsGrp/FundraisingAmt | 0 | 7779 |
| IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt | 0 | 7779 |
| IRS990/ConferencesMeetingsGrp/TotalAmt | 0 | 15558 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 300000 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 105923 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 1200 17TH ST 2600 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 10960 WILSHIRE BLVD 7TH FLOOR |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | DENVER |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | LOS ANGELES |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | CO |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | CA |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 80202 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 90024 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | MONTICELLO ASSOCIATES INC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | SINGERLEWAK LLP |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | INVESTMENT CONSULTANT |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | ACCOUNTING/TAX |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 3468039 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 7204168 |
| IRS990/CYInvestmentIncomeAmt | 0 | 3761879 |
| IRS990/CYOtherExpensesAmt | 0 | 684082 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -1280919 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 622587 |
| IRS990/CYTotalExpensesAmt | 0 | 8510837 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 748491 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 7229918 |
| IRS990/DAFExcessBusinessHoldingsInd | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 1 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | ENDOWMENT DISTRIBUTIONS TO THE MUSIC CENTER/PERFORMING ARTS CENTER OF LOS ANGELES COUNTY, ITS EDUCATIONAL ACTIVITIES AND ITS AFFILIATED PERFORMING ARTS COMPANIES WHICH INCLUDE LOS ANGELES PHILHARMONIC ASSOCIATION, CENTER THEATRE GROUP, LOS ANGELES OPERA COMPANY AND THE LOS ANGELES MASTER CHORALE. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DistributionToDonorInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 1 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 4 |
| IRS990/EmploymentTaxReturnsFiledInd | 0 | 1 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/ExpenseAmt | 0 | 5482212 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/FundraisingAmt | 0 | 84676 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 84676 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 169352 |
| IRS990/FeesForServicesLegalGrp/FundraisingAmt | 0 | 5866 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 5866 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 11732 |
| IRS990/FeesForServicesOtherGrp/FundraisingAmt | 0 | 33159 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 157 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 33316 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt | 0 | 251102 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt | 0 | 251102 |
| IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt | 0 | 502204 |
| IRS990/ForeignActivitiesInd | 0 | 1 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 4 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 5 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 7 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 8 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 9 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 10 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 11 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 12 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 13 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 14 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 15 | 1.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 16 | 40.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 5 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 6 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 7 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 8 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 9 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 10 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 11 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 12 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 13 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 14 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 15 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 4 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 16 | 47775 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | PETER W MULLIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | C DANIEL EWELL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | DARELL L KRASNOFF |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | STUART M KETCHUM |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 4 | FRANK E BAXTER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 5 | JERROLD L EBERHARDT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 6 | JOHN EMERSON |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 7 | KIKI GINDLER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 8 | STEPHEN F HINCHLIFFE |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 9 | SARAH H KETTERER |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 10 | BOWEN H MCCOY |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 11 | SHELBY NOTKIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 12 | SUSAN C SCHNABEL |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 13 | LISA SPECHT |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 14 | MARC I STERN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 15 | KENNETH WILLIAMS |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 16 | STEVEN T BENSON |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 16 | 337308 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 6 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 7 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 8 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 9 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 10 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 11 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 12 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 13 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 14 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 15 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 16 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | VICE CHAIRMAN/TREASURER |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | VICE CHAIRMAN |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | VICE PRESIDENT |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 4 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 5 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 6 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 7 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 8 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 9 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 10 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 11 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 12 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 13 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 14 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 15 | DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 16 | PRESIDENT |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/Form990TFiledInd | 0 | 1 |
| IRS990/FormationYr | 0 | 1973 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GainOrLossGrp/SecuritiesAmt | 0 | 2910894 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 16 |
| IRS990/GrantAmt | 0 | 5482212 |
| IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt | 0 | 7204168 |
| IRS990/GrantsToDomesticOrgsGrp/TotalAmt | 0 | 7204168 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 1 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt | 0 | 2910894 |
| IRS990/GrossReceiptsAmt | 0 | 7229918 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 1 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 16 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 1 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartVIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/FundraisingAmt | 0 | 8477 |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 8477 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 16954 |
| IRS990/InvestmentIncomeGrp/ExclusionAmt | 0 | 386720 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 850985 |
| IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt | 0 | 464265 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/InvestmentsPubTradedSecGrp/BOYAmt | 0 | 142718778 |
| IRS990/InvestmentsPubTradedSecGrp/EOYAmt | 0 | 154111637 |
| IRS990/IRPDocumentCnt | 0 | 6 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 18317 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 9978 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 9978 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 28295 |
| IRS990/LegalDomicileStateCd | 0 | CA |
| IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt | 0 | 0 |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE MISSION OF MUSIC CENTER FOUNDATION IS TO PROVIDE ENDOWMENT SUPPORT TO THE MUSIC CENTER/PERFORMING ARTS CENTER OF LOS ANGELES COUNTY, ITS EDUCATION AND ARTISTIC PROGRAMS AND RESIDENT COMPANIES THROUGH PLANNED GIVING FUNDRAISING AND ASSET MANAGEMENT. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 176643094 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 191157607 |
| IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt | 0 | 2910894 |
| IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt | 0 | 2910894 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 14934665 |
| IRS990/NoncashContributionsAmt | 0 | 252617 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OccupancyGrp/FundraisingAmt | 0 | 2777 |
| IRS990/OccupancyGrp/ManagementAndGeneralAmt | 0 | 2778 |
| IRS990/OccupancyGrp/TotalAmt | 0 | 5555 |
| IRS990/OfficeExpensesGrp/FundraisingAmt | 0 | 6163 |
| IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt | 0 | 6163 |
| IRS990/OfficeExpensesGrp/TotalAmt | 0 | 12326 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 258010944 |
| IRS990/OtherAssetsTotalGrp/EOYAmt | 0 | 112049747 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 860767 |
| IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt | 0 | 21791 |
| IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt | 0 | 21791 |
| IRS990/OtherEmployeeBenefitsGrp/TotalAmt | 0 | 43582 |
| IRS990/OtherExpensesGrp/Desc | 0 | BAD DEBT |
| IRS990/OtherExpensesGrp/Desc | 1 | MISCELLANEOUS |
| IRS990/OtherExpensesGrp/Desc | 2 | BOARD/INVESTMENT MEETIN |
| IRS990/OtherExpensesGrp/Desc | 3 | TELEPHONE |
| IRS990/OtherExpensesGrp/FundraisingAmt | 0 | 150332 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 1 | 8911 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 2 | 5438 |
| IRS990/OtherExpensesGrp/FundraisingAmt | 3 | 1925 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 0 | 6264 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 1 | 1216 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 2 | 227 |
| IRS990/OtherExpensesGrp/ManagementAndGeneralAmt | 3 | 1925 |
| IRS990/OtherExpensesGrp/TotalAmt | 0 | 156596 |
| IRS990/OtherExpensesGrp/TotalAmt | 1 | 10127 |
| IRS990/OtherExpensesGrp/TotalAmt | 2 | 5665 |
| IRS990/OtherExpensesGrp/TotalAmt | 3 | 3850 |
| IRS990/OtherInd | 0 | X |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 258431816 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 110141427 |
| IRS990/OtherSalariesAndWagesGrp/FundraisingAmt | 0 | 81551 |
| IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt | 0 | 81551 |
| IRS990/OtherSalariesAndWagesGrp/TotalAmt | 0 | 163102 |
| IRS990/OthNotesLoansReceivableNetGrp/BOYAmt | 0 | 182888 |
| IRS990/OthNotesLoansReceivableNetGrp/EOYAmt | 0 | 891554 |
| IRS990/OwnWebsiteInd | 0 | X |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PayrollTaxesGrp/FundraisingAmt | 0 | 13208 |
| IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt | 0 | 13207 |
| IRS990/PayrollTaxesGrp/TotalAmt | 0 | 26415 |
| IRS990/PensionPlanContributionsGrp/FundraisingAmt | 0 | 348 |
| IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt | 0 | 348 |
| IRS990/PensionPlanContributionsGrp/TotalAmt | 0 | 696 |
| IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt | 0 | 117902227 |
| IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt | 0 | 122061756 |
| IRS990/PledgesAndGrantsReceivableGrp/BOYAmt | 0 | 24002772 |
| IRS990/PledgesAndGrantsReceivableGrp/EOYAmt | 0 | 26205763 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt | 0 | 435262 |
| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 10658 |
| IRS990/PrincipalOfficerNm | 0 | STEVEN T BENSON |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | THE MUSIC CENTER FOUNDATION'S LAPA FUND MAKES DISTRIBUTIONS TO THE LOS ANGELES PHILHARMONIC ASSOCIATION. |
| IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt | 0 | 1721956 |
| IRS990/ProgSrvcAccomActy2Grp/GrantAmt | 0 | 1721956 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 2017686 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 6901719 |
| IRS990/PYInvestmentIncomeAmt | 0 | 2681888 |
| IRS990/PYOtherExpensesAmt | 0 | 231055 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -3003382 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 570182 |
| IRS990/PYTotalExpensesAmt | 0 | 7702956 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 4699574 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -1280919 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 1 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 1 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 9856089 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 9441707 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 3468039 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2017686 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3496207 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2616339 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2530981 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 14129252 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 386720 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 938106 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 633189 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 916350 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 944748 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 3819113 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.62060 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.55140 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 11746197 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 2383055 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 3468039 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2017686 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 3496207 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 2616339 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 2530981 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 14129252 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 18927786 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt | 0 | 464265 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus1YearAmt | 0 | 100565 |
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Displayed year
2018 • Form 990Detailed filing. Detailed filing data is available for this year.
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