Civic Intelligence

Sol-La Music Academy Inc

EIN 26-2128710 • 501(c)3 • Santa Monica, CA

Profile

Founded in 2007, Sol-LA Music Academy is a 501(c)(3) non-profit organization with the mission to provide high quality performing arts education to students from all backgrounds and economic circumstances, in an engaging and encouraging environment fostering achievement and community. Our comprehensive program reflects the belief that vibrant cultural education nurtures all areas of learning, connects diverse societies, and enhances enjoyment of life.

1812 Stanford StSanta Monica, CA 90404

www.sollamusicacademy.org

Siviq Scores

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

Liabilities / Assets

76th percentile

0.23x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Liabilities / Revenue

65th percentile

0.06x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Net Margin

24th percentile

-9.7%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Top Officer Pay

81st percentile

$84,764

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2025

Asset Growth

10th percentile

-32%

Faster asset growth than 10% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Revenue Growth

53rd percentile

8.6%

Faster revenue growth than 53% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2025

Assets

Down

$156,555

Down $178,334 (-53%) from 2023

Liabilities

Up

$35,357

Up $22,337 (+172%) from 2023

Net Assets

Down

$121,198

Down $200,671 (-62%) from 2023

Revenue

Up

$560,457

Up $85,083 (+18%) from 2023

Expenses

Up

$615,085

Up $192,656 (+46%) from 2023

Net Income

Down

-$54,628

Down $107,573 (-203%) from 2023

Trend Graphs

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $76,898Liabilities 2011: $363Net Assets 2011: $76,5352011Assets 2012: $55,547Liabilities 2012: $0Net Assets 2012: $55,5472012Assets 2013: $82,447Liabilities 2013: $29,010Net Assets 2013: $53,4372013Assets 2014: $147,977Liabilities 2014: $43,147Net Assets 2014: $104,8302014Assets 2015: $145,009Liabilities 2015: $31,394Net Assets 2015: $113,6152015Assets 2016: $140,633Liabilities 2016: $11,354Net Assets 2016: $129,2792016Assets 2017: $155,331Liabilities 2017: $23,379Net Assets 2017: $131,9522017Assets 2018: $136,472Liabilities 2018: $4,485Net Assets 2018: $131,9872018Assets 2019: $249,056Liabilities 2019: $50,101Net Assets 2019: $198,9552019Assets 2020: $240,917Liabilities 2020: $6,065Net Assets 2020: $234,8522020Assets 2021: $293,826Liabilities 2021: $6,766Net Assets 2021: $287,0602021Assets 2022: $276,848Liabilities 2022: $7,924Net Assets 2022: $268,9242022Assets 2023: $334,889Liabilities 2023: $13,020Net Assets 2023: $321,8692023Assets 2025: $156,555Liabilities 2025: $35,357Net Assets 2025: $121,1982025

Highlighted filing

2025

Assets$156,555
Liabilities$35,357
Net Assets$121,198

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2011: $210,0842011Expenses 2012: $284,5012012Expenses 2013: $437,9022013Revenue 2014: $559,082Expenses 2014: $507,690Net Income 2014: $51,3922014Revenue 2015: $418,533Expenses 2015: $409,748Net Income 2015: $8,7852015Revenue 2016: $464,493Expenses 2016: $448,829Net Income 2016: $15,6642016Revenue 2017: $444,337Expenses 2017: $441,664Net Income 2017: $2,6732017Revenue 2018: $521,025Expenses 2018: $520,990Net Income 2018: $352018Revenue 2019: $502,219Expenses 2019: $435,251Net Income 2019: $66,9682019Revenue 2020: $434,717Expenses 2020: $398,820Net Income 2020: $35,8972020Revenue 2021: $392,702Expenses 2021: $340,494Net Income 2021: $52,2082021Revenue 2022: $348,971Expenses 2022: $367,107Net Income 2022: -$18,1362022Revenue 2023: $475,374Expenses 2023: $422,429Net Income 2023: $52,9452023Revenue 2025: $560,457Expenses 2025: $615,085Net Income 2025: -$54,6282025

Highlighted filing

2025

Revenue$560,457
Expenses$615,085
Net Income-$54,628

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.57$0.35$1.21$5.60$6.15$0.55
2023Detailed filing. Detailed filing data is available for this year.$3.35$0.13$3.22$4.75$4.22$0.53
2022Detailed filing. Detailed filing data is available for this year.$2.77$0.08$2.69$3.49$3.67$0.18
2021Detailed filing. Detailed filing data is available for this year.$2.94$0.07$2.87$3.93$3.40$0.52
2020Detailed filing. Detailed filing data is available for this year.$2.41$0.06$2.35$4.35$3.99$0.36
2019Detailed filing. Detailed filing data is available for this year.$2.49$0.50$1.99$5.02$4.35$0.67
2018Detailed filing. Detailed filing data is available for this year.$1.36$0.04$1.32$5.21$5.21$0.00
2017Detailed filing. Detailed filing data is available for this year.$1.55$0.23$1.32$4.44$4.42$0.03
2016Detailed filing. Detailed filing data is available for this year.$1.41$0.11$1.29$4.64$4.49$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.45$0.31$1.14$4.19$4.10$0.09
2014Detailed filing. Detailed filing data is available for this year.$1.48$0.43$1.05$5.59$5.08$0.51
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.82$0.29$0.53$4.38
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.00$0.56$2.85
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.77$0.00$0.77$2.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Jan 20, 2026
Return Version
2024v5.2
Gross Receipts
$560,457
Mission and Program Overview

Mission

Sol-la music academy provides outstanding music education in an encouraging and engaging environment that fosters achievement and community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$157,178$102,414▼ $54,764
Cash and Non-Interest-Bearing Accounts$24,001$32,330▲ $8,329
Accounts Receivable-$16,762-
Prepaid Expenses and Deferred Charges$2,049$2,049→ $0
Land, Buildings, and Equipment, Net$763--
Total Assets$186,991$156,555▼ $30,436
Other Assets Total$3,000$3,000→ $0
Liabilities
Deferred Revenue-$32,473-
Accounts Payable and Accrued Expenses$11,165$2,884▼ $8,281
Total Liabilities$11,165$35,357▲ $24,192
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$175,826$121,198▼ $54,628
Total Net Assets Fund Balance$175,826$121,198▼ $54,628
Total Liabilities and Net Assets / Fund Balance$186,991$156,555▼ $30,436

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings-$15,236$15,236
Equipment-$14,513$14,513
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Javier Iglesias-martinArtistic DirectorPT$84,764$84,764
Alison S PerrineExecutive DirectorFT$53,691$53,691
Jerra SpenceExecutive DirectorFT$25,000$25,000

Board Members and Trustees

NameTitle
Mario SpanicciatiChairman
Sean Weber-smallVice Chairman
Dean SchrammTrustee
John StofkoTrustee
Tate RiderTrustee
Tracy SykesTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$184,671
Program Service Revenue
$375,451
Investment Income
$15
Other Revenue
$320
All Other Contributions
$144,939
Change in Net Assets
$-54,628
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$464,751
Other Expenses$150,334
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$216,612--$216,612
Current Officers, Directors, Trustees, and Key Employees-$208,614-$208,614
Occupancy$45,055--$45,055
Payroll Taxes$20,134$19,391-$39,525
Information Technology$18,195--$18,195
Insurance-$12,038-$12,038
Fees for Services Accounting-$11,036-$11,036
All Other Expenses-$8,591-$8,591
Fees for Services Other$8,416--$8,416
Advertising$2,266--$2,266
Other Expenses$1,985$11,746-$1,985
Depreciation Depletion$763--$763
Total Functional Expenses$343,669$271,416$0$615,085
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Backup withholding compliance
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
No
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 governing body review Part VI line 11

The cpa that prepares the return e-mails a draft copy of the 990 to the executive director, treasurer, and chairman for review and editing. The return is reviewed by all other board members, and any changes are made before filing.

Conflict of interest policy compliance Part VI line 12C

All board members sign a statement annually, disclosing all relationships and interests that may give rise to a conflict of interest. Any noted conflicts are brought to the attention of the chairman of the board and later brought before the entire board for discussion and appropriate corrective action. The process for reviewing and approving compensation includes review and approval by the board of directors and/or compensation committee of the board, provided that persons with conflicts of interest with respect to the compensation arrangement at issue are not involved in the review and approval. For the avoidance of doubt, such persons shallinclude any member of the board who is an immediate family member of another board member whose compensation arrangement might be at issue.

CEO executive director top management comp Part VI line 15A

The board of directors compensation committee reviews the executive directors salary and recommends compensation based on an analysis of southern california non-profit management field surveys, including the salary survey published by the los angeles based center for non-profit management. All compensation is approved by the board of directors.

Governing documents etc available to public Part VI line 19

The following organization documents of sol-la are available for inspection of copying at the organizations office during normal business hours at a nominal copy fee: 1) tax exemption applicaton, 2) irs determination letter, 3) articles of incorporation, 4) by-laws, 5) form 990 for the most recent year and prior two years. The public inspection copy of the form 990 will not include schedule a or schedule b. The most updated versions of all the preceding forms will be available when responding to a public inspection for any organizational document or form 990 by anyone. Sol-la will fulfill such request in a timely fashion without inquiring as to the reason of the public inspection request.

Filing and Contact Details

Filer

Filer Name
Sol-la Music Academy Inc
EIN
26-2128710
In Care Of
% MARIO SPANICCIATI
Phone
3108282912
Address
1812 STANFORD ST, Santa Monica, CA 90404

Signing Officer

Name
Mario Spanicciati
Title
Chairman
Phone
3108282912
Signed
2026-01-20
Discuss with paid preparer
No

Organization Details

Principal Officer
Mario Spanicciati
Formed
2007
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
9
Employees
34
Volunteers
200

Preparer

Firm
Sw CPA Inc
Address
25701 LEWIS WAY, Stevenson Ranch, CA 91381
Preparer
Ju Hyung Oh
Phone
3236483030
Supplemental Narrative

Additional Explanations

Part III response or note to any other line in Part III

Form 990, part iii, line 4b - program service accomplishments st. Anne school program: sol-las satellite program at st. Anne school, the only nonpublic title 1 school in santa monica, ca is flourishing. In 2010 sol-la formed a partnership with crossroads schools elizabeth mandell music institute (emmi) and crossroads community outreach foundation (ccof) to provide music education at no cost to students at st. Anne school, where more than 40% of families meet the federal food program poverty criteria. The program began with a beginning class of 18 4th grade class violin students and has grown rapidly to now serve 260 k-8 grade students. In addition, students are eligible to attend string ensemble, music theory and chorus classes on the sol-la campus with the essential aspects of the music program are weekly lessons with a sol-la master teach in violin, viola, cello, orff, and chorus, as well as bi-weekly practice sessions for string players with mentors from local high schools. In addition, college students from the ucla herb alpert school of music (hasom) act as senior mentors. Instruments are provided to each student, the majority on loan from our community partner, american youth symphony, and many provided through donors. Students in sol-la satellite and on-campus programs come together to perform several times over the course of the school year.

General explanation attachment

Form 990, part iii, line 1 - organization mission (in more detail) founded in 2007, sol-la music academy is a 501(c)(3) non-profit organization with the mission to provide high quality performing arts education to students from all backgrounds and economic circumstances, in an engaging and encouraging environment fostering achievement and community. Our comprehensive program reflects the belief that vibrant cultural education nurtures all areas of learning, connects diverse societies, and enhances enjoyment of life.

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IRS990/ProgSrvcAccomActy3Grp/Desc0SOL-LAS MENTORSHIP PROGRAM FOR UCLA HERB ALPERT SHOOL OF MUSIC AND UNIVERSITY MUSIC STUDENTS PROVIDES TEACHING EXPERIENCE AND JOB OPPORTUNITIES, WORKING WITH HIGHLY ACCOMPLISHED LEADING EDUCATORS IN THE FIELD OF MUSIC AND PERFORMING ARTS. ADVANCED LEVEL HIGH SCHOOL STUDENTS ARE GIVEN THE OPPORTUNITY TO WORK WITH SOL-LA FACULTY MEMBERS, WHILE MENTORING YOUNGER STUDENTS THROUGH AFTER SCHOOL INSTRUMENTAL PRACTICE SESSIONS. THE ROLE OF THE MENTOR IS TO SERVE AS A PRACTICE SUPERVISOR, COACH, FRIEND, AND ROLE MODEL, TO INTRODUCE STUDENTS TO THE ART OF TEACHING.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CPA THAT PREPARES THE RETURN E-MAILS A DRAFT COPY OF THE 990 TO THE EXECUTIVE DIRECTOR, TREASURER, AND CHAIRMAN FOR REVIEW AND EDITING. THE RETURN IS REVIEWED BY ALL OTHER BOARD MEMBERS, AND ANY CHANGES ARE MADE BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL BOARD MEMBERS SIGN A STATEMENT ANNUALLY, DISCLOSING ALL RELATIONSHIPS AND INTERESTS THAT MAY GIVE RISE TO A CONFLICT OF INTEREST. ANY NOTED CONFLICTS ARE BROUGHT TO THE ATTENTION OF THE CHAIRMAN OF THE BOARD AND LATER BROUGHT BEFORE THE ENTIRE BOARD FOR DISCUSSION AND APPROPRIATE CORRECTIVE ACTION. THE PROCESS FOR REVIEWING AND APPROVING COMPENSATION INCLUDES REVIEW AND APPROVAL BY THE BOARD OF DIRECTORS AND/OR COMPENSATION COMMITTEE OF THE BOARD, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THE REVIEW AND APPROVAL. FOR THE AVOIDANCE OF DOUBT, SUCH PERSONS SHALLINCLUDE ANY MEMBER OF THE BOARD WHO IS AN IMMEDIATE FAMILY MEMBER OF ANOTHER BOARD MEMBER WHOSE COMPENSATION ARRANGEMENT MIGHT BE AT ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS COMPENSATION COMMITTEE REVIEWS THE EXECUTIVE DIRECTORS SALARY AND RECOMMENDS COMPENSATION BASED ON AN ANALYSIS OF SOUTHERN CALIFORNIA NON-PROFIT MANAGEMENT FIELD SURVEYS, INCLUDING THE SALARY SURVEY PUBLISHED BY THE LOS ANGELES BASED CENTER FOR NON-PROFIT MANAGEMENT. ALL COMPENSATION IS APPROVED BY THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FOLLOWING ORGANIZATION DOCUMENTS OF SOL-LA ARE AVAILABLE FOR INSPECTION OF COPYING AT THE ORGANIZATIONS OFFICE DURING NORMAL BUSINESS HOURS AT A NOMINAL COPY FEE: 1) TAX EXEMPTION APPLICATON, 2) IRS DETERMINATION LETTER, 3) ARTICLES OF INCORPORATION, 4) BY-LAWS, 5) FORM 990 FOR THE MOST RECENT YEAR AND PRIOR TWO YEARS. THE PUBLIC INSPECTION COPY OF THE FORM 990 WILL NOT INCLUDE SCHEDULE A OR SCHEDULE B. THE MOST UPDATED VERSIONS OF ALL THE PRECEDING FORMS WILL BE AVAILABLE WHEN RESPONDING TO A PUBLIC INSPECTION FOR ANY ORGANIZATIONAL DOCUMENT OR FORM 990 BY ANYONE. SOL-LA WILL FULFILL SUCH REQUEST IN A TIMELY FASHION WITHOUT INQUIRING AS TO THE REASON OF THE PUBLIC INSPECTION REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FORM 990, PART III, LINE 4B - PROGRAM SERVICE ACCOMPLISHMENTS ST. ANNE SCHOOL PROGRAM: SOL-LAS SATELLITE PROGRAM AT ST. ANNE SCHOOL, THE ONLY NONPUBLIC TITLE 1 SCHOOL IN SANTA MONICA, CA IS FLOURISHING. IN 2010 SOL-LA FORMED A PARTNERSHIP WITH CROSSROADS SCHOOLS ELIZABETH MANDELL MUSIC INSTITUTE (EMMI) AND CROSSROADS COMMUNITY OUTREACH FOUNDATION (CCOF) TO PROVIDE MUSIC EDUCATION AT NO COST TO STUDENTS AT ST. ANNE SCHOOL, WHERE MORE THAN 40% OF FAMILIES MEET THE FEDERAL FOOD PROGRAM POVERTY CRITERIA. THE PROGRAM BEGAN WITH A BEGINNING CLASS OF 18 4TH GRADE CLASS VIOLIN STUDENTS AND HAS GROWN RAPIDLY TO NOW SERVE 260 K-8 GRADE STUDENTS. IN ADDITION, STUDENTS ARE ELIGIBLE TO ATTEND STRING ENSEMBLE, MUSIC THEORY AND CHORUS CLASSES ON THE SOL-LA CAMPUS WITH THE ESSENTIAL ASPECTS OF THE MUSIC PROGRAM ARE WEEKLY LESSONS WITH A SOL-LA MASTER TEACH IN VIOLIN, VIOLA, CELLO, ORFF, AND CHORUS, AS WELL AS BI-WEEKLY PRACTICE SESSIONS FOR STRING PLAYERS WITH MENTORS FROM LOCAL HIGH SCHOOLS. IN ADDITION, COLLEGE STUDENTS FROM THE UCLA HERB ALPERT SCHOOL OF MUSIC (HASOM) ACT AS SENIOR MENTORS. INSTRUMENTS ARE PROVIDED TO EACH STUDENT, THE MAJORITY ON LOAN FROM OUR COMMUNITY PARTNER, AMERICAN YOUTH SYMPHONY, AND MANY PROVIDED THROUGH DONORS. STUDENTS IN SOL-LA SATELLITE AND ON-CAMPUS PROGRAMS COME TOGETHER TO PERFORM SEVERAL TIMES OVER THE COURSE OF THE SCHOOL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FORM 990, PART III, LINE 1 - ORGANIZATION MISSION (IN MORE DETAIL) FOUNDED IN 2007, SOL-LA MUSIC ACADEMY IS A 501(C)(3) NON-PROFIT ORGANIZATION WITH THE MISSION TO PROVIDE HIGH QUALITY PERFORMING ARTS EDUCATION TO STUDENTS FROM ALL BACKGROUNDS AND ECONOMIC CIRCUMSTANCES, IN AN ENGAGING AND ENCOURAGING ENVIRONMENT FOSTERING ACHIEVEMENT AND COMMUNITY. OUR COMPREHENSIVE PROGRAM REFLECTS THE BELIEF THAT VIBRANT CULTURAL EDUCATION NURTURES ALL AREAS OF LEARNING, CONNECTS DIVERSE SOCIETIES, AND ENHANCES ENJOYMENT OF LIFE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Part III response or note to any other line in Part III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5General explanation attachment
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