Civic Intelligence

The Maestro Foundation

990 • Fiscal year 2023 • EIN 95-3894013

Jan 01, 2023 to Dec 31, 2023 • Filed on Oct 25, 2024

Organization ProfileWWW.MAESTROFOUNDATION.ORG

Refreshing map…

224 15th StreetSanta Monica, CA 90402

(310) 453-2536

Siviq Scores

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

Liabilities / Assets

39th percentile

0.07x

Higher debt load relative to assets than 39% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Liabilities / Revenue

80th percentile

0.76x

Higher debt load relative to revenue than 80% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Net Margin

64th percentile

11%

Higher net margin than 64% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2023 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2023

Asset Growth

57th percentile

8.2%

Faster asset growth than 57% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Revenue Growth

23rd percentile

-12%

Faster revenue growth than 23% of similar nonprofits.

2023 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / Assets39th percentile

Assets

Flat

$5,292,011

Flat from 2023

Net Assets

Flat

$4,937,179

Flat from 2023

Liabilities

Flat

$354,832

Flat from 2023

Revenue And Expenses
Liabilities / Revenue80th percentileNet Margin64th percentile

Revenue

Flat

$464,162

Flat from 2023

Expenses

Flat

$413,073

Flat from 2023

Net Income

Flat

$51,089

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$6.0M$4.0M$2.0M$0Assets 2010: $3,275,630Liabilities 2010: $4,463Net Assets 2010: $3,271,1672010Assets 2011: $3,326,393Liabilities 2011: $6,618Net Assets 2011: $3,319,7752011Assets 2012: $3,577,356Liabilities 2012: $9,141Net Assets 2012: $3,568,2152012Assets 2013: $3,912,710Liabilities 2013: $14,828Net Assets 2013: $3,897,8822013Assets 2014: $3,946,324Liabilities 2014: $17,958Net Assets 2014: $3,928,3662014Assets 2015: $4,048,858Liabilities 2015: $11,360Net Assets 2015: $4,037,4982015Assets 2016: $4,343,067Liabilities 2016: $11,392Net Assets 2016: $4,331,6752016Assets 2017: $4,341,308Liabilities 2017: $16,298Net Assets 2017: $4,325,0102017Assets 2018: $4,788,864Liabilities 2018: $14,729Net Assets 2018: $4,774,1352018Assets 2019: $4,891,487Liabilities 2019: $31,398Net Assets 2019: $4,860,0892019Assets 2020: $4,843,912Liabilities 2020: $36,224Net Assets 2020: $4,807,6882020Assets 2021: $4,832,857Liabilities 2021: $9,803Net Assets 2021: $4,823,0542021Assets 2022: $4,892,875Liabilities 2022: $16,023Net Assets 2022: $4,876,8522022Assets 2023: $5,292,011Liabilities 2023: $354,832Net Assets 2023: $4,937,1792023Assets 2023: $5,292,011Liabilities 2023: $354,832Net Assets 2023: $4,937,1792023Assets 2024: $5,239,230Liabilities 2024: $279,364Net Assets 2024: $4,959,8662024

Highlighted filing

2023

Assets$5,292,011
Liabilities$354,832
Net Assets$4,937,179
Open 2023 Filing

Operations Trend

Revenue Growth23rd percentile

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

$1.0M$500K$0-$500KRevenue 2010: $338,050Expenses 2010: $325,909Net Income 2010: $12,1412010Expenses 2011: $270,6762011Revenue 2012: $313,431Expenses 2012: $330,548Net Income 2012: -$17,1172012Revenue 2013: $319,275Expenses 2013: $290,924Net Income 2013: $28,3512013Revenue 2014: $323,473Expenses 2014: $292,989Net Income 2014: $30,4842014Revenue 2015: $422,362Expenses 2015: $313,230Net Income 2015: $109,1322015Revenue 2016: $657,392Expenses 2016: $363,215Net Income 2016: $294,1772016Revenue 2017: $331,338Expenses 2017: $338,003Net Income 2017: -$6,6652017Revenue 2018: $810,570Expenses 2018: $361,445Net Income 2018: $449,1252018Revenue 2019: $512,586Expenses 2019: $426,632Net Income 2019: $85,9542019Revenue 2020: $332,564Expenses 2020: $384,965Net Income 2020: -$52,4012020Revenue 2021: $341,657Expenses 2021: $326,291Net Income 2021: $15,3662021Revenue 2022: $528,251Expenses 2022: $474,453Net Income 2022: $53,7982022Revenue 2023: $464,162Expenses 2023: $413,073Net Income 2023: $51,0892023Revenue 2023: $464,162Expenses 2023: $413,073Net Income 2023: $51,0892023Revenue 2024: $516,427Expenses 2024: $492,278Net Income 2024: $24,1492024

Highlighted filing

2023

Revenue$464,162
Expenses$413,073
Net Income$51,089
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Oct 25, 2024
Return Version
2023v5.1
Gross Receipts
$464,162
Mission and Program Overview

Mission

The maestro foundation nurtures young classical musicians and encourages the appreciation of classical music.

The maestro foundation nurtures youngclassical musicians and encourages the appreciation of classical music.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$4,876,852$4,937,179▲ $60,327
Land, Buildings, and Equipment, Net$2,472,629$2,512,629▲ $40,000
Investments Other Securities$335,005$1,454,493▲ $1,119,488
Other Notes and Loans Receivable, Net$2,052,370$1,249,876▼ $802,494
Cash and Non-Interest-Bearing Accounts$32,871$75,013▲ $42,142
Total Assets$4,892,875$5,292,011▲ $399,136
Liabilities
Other Liabilities$16,023$354,832▲ $338,809
Total Liabilities$16,023$354,832▲ $338,809
Net Assets / Fund Balance
Total Net Assets Fund Balance$4,876,852$4,937,179▲ $60,327
Total Liabilities and Net Assets / Fund Balance$4,892,875$5,292,011▲ $399,136

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,512,629-$2,512,629
Other Securities$1,454,493--
Compensation and Service Providers
Top Officer Pay22nd percentile

Board Members and Trustees

NameTitle
Aaron MendelsohnPresidentceodirector
Adam MendelsohnDirector
Carol Colburn GrigorDirector
Fred ScholderDirector
Jerry HausmanDirector
Randi JonesDirector
Ronald J LebelTreasurer CFO Director
Robin StantonSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$262,445
Program Service Revenue
$0
Investment Income
$198,717
Other Revenue
$3,000
Change in Net Assets
$51,089
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$218,167
Salaries, Compensation, and Employee Benefits$194,906
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$64,138$21,379-$85,517
Other Salaries and Wages$85,139--$85,139
Fees for Services Accounting$11,978$2,995-$14,973
All Other Expenses$14,425$124-$14,549
Payroll Taxes$11,871$1,700-$13,571
Occupancy$10,464$2,626-$13,090
Travel$13,019--$13,019
Information Technology$12,365$443-$12,808
Other Employee Benefits$8,009$2,670-$10,679
Insurance$8,150$621-$8,771
Office Expenses$3,147$2,210-$5,357
Advertising$2,524--$2,524
Other Expenses$1,589$228-$1,817
Total Functional Expenses$378,077$34,996$0$413,073
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Prepaid Interest$352,067
Artist Withholding Taxes Payable$2,765
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
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

Officer directors etc family relationship Part VI line 2

“President and treasurer have joint investment interests. President and a directorare father and son and have joint investment interests.”

Form 990 governing body review Part VI line 11

“Copy of form 990 was provided to the president, executive director and treasurer prior to filing. A review of form 990 is scheduled at the nextmeeting of the board of directors”

Conflict of interest policy compliance Part VI line 12C

“Officers and directors of the foundation review all corporate activities.”

Governing documents etc available to public Part VI line 19

“No documents available to the public.”

Filing and Contact Details

Filer

Filer Name
The Maestro Foundation
EIN
95-3894013
Address
224 15TH STREET, Santa Monica, CA 90402

Signing Officer

Name
Robin Stanton
Title
Executive Direc
Phone
3104532536
Signed
2024-10-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Aaron Mendelsohn
Formed
1983
Legal Domicile
CA
Voting Board Members
7
Independent Board Members
5
Employees
10

Preparer

Firm
Rose Davis CPA
Address
15424 Hawthorne Blvd Suite 201 C, Lawndale, CA 90260
Preparer
Rose Davis
Phone
3107130950
Supplemental Narrative

Additional Explanations

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

“The primary exempt purpose of the maestro foundation is to develop and foster theappreciation of and resources available to, music within our society. Within thatbroad mandate, the specific program services conducted by the organization during2022 included:a) presentation of a program of primarily chamber music concerts featuring wellknown performers, to enhance public appreciation of chamber music and provide anadditional venue for the performers of such music.b) provided support to qualifying young performers at an early stage in theircareers, to enable them to develop and progress in their careers.c) operated a music instrument lending program to qualified young musicstudents.”

Raw XML Appendix393 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MAESTRO FOUNDATION NURTURES YOUNGCLASSICAL MUSICIANS AND ENCOURAGES THE APPRECIATION OF CLASSICAL MUSIC.
IRS990/AdvertisingGrp/ProgramServicesAmt02524
IRS990/AdvertisingGrp/TotalAmt02524
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0124
IRS990/AllOtherExpensesGrp/ProgramServicesAmt014425
IRS990/AllOtherExpensesGrp/TotalAmt014549
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/PersonNm0ROBIN STANTON
IRS990/BooksInCareOfDetail/PhoneNum03104532536
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0224 15TH STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0Santa Monica
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990/BooksInCareOfDetail/USAddress/ZIPCd090402
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt032871
IRS990/CashNonInterestBearingGrp/EOYAmt075013
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt021379
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt064138
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt085517
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0262445
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0198717
IRS990/CYOtherExpensesAmt0218167
IRS990/CYOtherRevenueAmt03000
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt051089
IRS990/CYSalariesCompEmpBnftPaidAmt0194906
IRS990/CYTotalExpensesAmt0413073
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0464162
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SEE SCHEDULE O
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt010
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0378077
IRS990/FamilyOrBusinessRlnInd0true
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02995
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt011978
IRS990/FeesForServicesAccountingGrp/TotalAmt014973
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/PersonNm0ADAM MENDELSOHN
IRS990/Form990PartVIISectionAGrp/PersonNm1FRED SCHOLDER
IRS990/Form990PartVIISectionAGrp/PersonNm2RANDI JONES
IRS990/Form990PartVIISectionAGrp/PersonNm3CAROL COLBURN GRIGOR
IRS990/Form990PartVIISectionAGrp/PersonNm4JERRY HAUSMAN
IRS990/Form990PartVIISectionAGrp/PersonNm5ROBIN STANTON
IRS990/Form990PartVIISectionAGrp/PersonNm6RONALD J LEBEL
IRS990/Form990PartVIISectionAGrp/PersonNm7AARON MENDELSOHN
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6TREASURER CFO DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7PRESIDENTCEODIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01983
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0464162
IRS990/GrossRentsGrp/PersonalAmt03000
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0443
IRS990/InformationTechnologyGrp/ProgramServicesAmt012365
IRS990/InformationTechnologyGrp/TotalAmt012808
IRS990/InsuranceGrp/ManagementAndGeneralAmt0621
IRS990/InsuranceGrp/ProgramServicesAmt08150
IRS990/InsuranceGrp/TotalAmt08771
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0198717
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0198717
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0335005
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01454493
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt02472629
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02512629
IRS990/LandBldgEquipCostOrOtherBssAmt02512629
IRS990/LegalDomicileStateCd0CA
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembershipDuesAmt0262445
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MAESTRO FOUNDATION NURTURES YOUNGCLASSICAL MUSICIANS AND ENCOURAGES THE APPRECIATION OF CLASSICAL MUSIC.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04876852
IRS990/NetAssetsOrFundBalancesEOYAmt04937179
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt03000
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt03000
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02626
IRS990/OccupancyGrp/ProgramServicesAmt010464
IRS990/OccupancyGrp/TotalAmt013090
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02210
IRS990/OfficeExpensesGrp/ProgramServicesAmt03147
IRS990/OfficeExpensesGrp/TotalAmt05357
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt02670
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt08009
IRS990/OtherEmployeeBenefitsGrp/TotalAmt010679
IRS990/OtherExpensesGrp/Desc0CONCERT ARTIST FEES
IRS990/OtherExpensesGrp/Desc1CONSULTANT BOSENDORFER
IRS990/OtherExpensesGrp/Desc2INSTRUMENT REPAIR AND MAINT
IRS990/OtherExpensesGrp/Desc3WORKERS COMPENSATION INSURAN
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0228
IRS990/OtherExpensesGrp/ProgramServicesAmt083280
IRS990/OtherExpensesGrp/ProgramServicesAmt136000
IRS990/OtherExpensesGrp/ProgramServicesAmt211979
IRS990/OtherExpensesGrp/ProgramServicesAmt31589
IRS990/OtherExpensesGrp/TotalAmt083280
IRS990/OtherExpensesGrp/TotalAmt136000
IRS990/OtherExpensesGrp/TotalAmt211979
IRS990/OtherExpensesGrp/TotalAmt31817
IRS990/OtherLiabilitiesGrp/BOYAmt016023
IRS990/OtherLiabilitiesGrp/EOYAmt0354832
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt085139
IRS990/OtherSalariesAndWagesGrp/TotalAmt085139
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt02052370
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt01249876
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01700
IRS990/PayrollTaxesGrp/ProgramServicesAmt011871
IRS990/PayrollTaxesGrp/TotalAmt013571
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0AARON MENDELSOHN
IRS990/PriorPeriodAdjustmentsAmt09238
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0399137
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt05000
IRS990/PYInvestmentIncomeAmt0126364
IRS990/PYOtherExpensesAmt0289887
IRS990/PYOtherRevenueAmt02750
IRS990/PYRevenuesLessExpensesAmt053798
IRS990/PYSalariesCompEmpBnftPaidAmt0179566
IRS990/PYTotalExpensesAmt0474453
IRS990/PYTotalRevenueAmt0528251
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt051089
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt03000
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0464162
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt04876852
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt04937179
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0262445
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0399137
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0241084
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0250172
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0370695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01523533
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0198717
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0129114
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0327831
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.60270
IRS990ScheduleA/PublicSupportPY170Pct00.76770
IRS990ScheduleA/PublicSupportTotal170Amt01115817
IRS990ScheduleA/SubstantialContributorsTotAmt0407716
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0262445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0399137
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0241084
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0250172
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0370695
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01523533
IRS990ScheduleA/TotalSupportAmt01851364
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt02512629
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt02512629
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02765
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1352067
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Artist Withholding Taxes Payable
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Prepaid Interest
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt01454493
IRS990ScheduleD/OtherSecuritiesGrp/Desc0U S Select Treasury Bills
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02512629
IRS990ScheduleD/TotalBookValueSecuritiesAmt01454493
IRS990ScheduleD/TotalLiabilityAmt0354832
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PRESIDENT AND TREASURER HAVE JOINT INVESTMENT INTERESTS. PRESIDENT AND A DIRECTORARE FATHER AND SON AND HAVE JOINT INVESTMENT INTERESTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1COPY OF FORM 990 WAS PROVIDED TO THE PRESIDENT, EXECUTIVE DIRECTOR AND TREASURER PRIOR TO FILING. A REVIEW OF FORM 990 IS SCHEDULED AT THE NEXTMEETING OF THE BOARD OF DIRECTORS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2OFFICERS AND DIRECTORS OF THE FOUNDATION REVIEW ALL CORPORATE ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PRIMARY EXEMPT PURPOSE OF THE MAESTRO FOUNDATION IS TO DEVELOP AND FOSTER THEAPPRECIATION OF AND RESOURCES AVAILABLE TO, MUSIC WITHIN OUR SOCIETY. WITHIN THATBROAD MANDATE, THE SPECIFIC PROGRAM SERVICES CONDUCTED BY THE ORGANIZATION DURING2022 INCLUDED:A) PRESENTATION OF A PROGRAM OF PRIMARILY CHAMBER MUSIC CONCERTS FEATURING WELLKNOWN PERFORMERS, TO ENHANCE PUBLIC APPRECIATION OF CHAMBER MUSIC AND PROVIDE ANADDITIONAL VENUE FOR THE PERFORMERS OF SUCH MUSIC.B) PROVIDED SUPPORT TO QUALIFYING YOUNG PERFORMERS AT AN EARLY STAGE IN THEIRCAREERS, TO ENABLE THEM TO DEVELOP AND PROGRESS IN THEIR CAREERS.C) OPERATED A MUSIC INSTRUMENT LENDING PROGRAM TO QUALIFIED YOUNG MUSICSTUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Officer directors etc family relationship Part VI line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Conflict of interest policy compliance Part VI line 12c
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
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0CA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt04892875
IRS990/TotalAssetsEOYAmt05292011
IRS990/TotalAssetsGrp/BOYAmt04892875
IRS990/TotalAssetsGrp/EOYAmt05292011
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0262445
IRS990/TotalEmployeeCnt010
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt034996
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0378077
IRS990/TotalFunctionalExpensesGrp/TotalAmt0413073
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016023
IRS990/TotalLiabilitiesEOYAmt0354832
IRS990/TotalLiabilitiesGrp/BOYAmt016023
IRS990/TotalLiabilitiesGrp/EOYAmt0354832
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04876852
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt04937179
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0378077
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0201717
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0464162
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt04892875
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05292011
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/ProgramServicesAmt013019
IRS990/TravelGrp/TotalAmt013019
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0true
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt05
IRS990/WebsiteAddressTxt0WWW.MAESTROFOUNDATION.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Robin Stanton
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Direc
ReturnHeader/BusinessOfficerGrp/PhoneNum03104532536
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-10-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MAESTRO FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MAES
ReturnHeader/Filer/EIN0953894013
ReturnHeader/Filer/USAddress/AddressLine1Txt0224 15TH STREET
ReturnHeader/Filer/USAddress/CityNm0Santa Monica
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090402
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Rose Davis CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015424 Hawthorne Blvd Suite 201 C
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Lawndale
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd090260
ReturnHeader/PreparerPersonGrp/PhoneNum03107130950
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Rose Davis
ReturnHeader/ReturnTs02024-11-08T22:15:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,292,011
Liabilities
$354,832
Net assets
$4,937,179
Revenue
$464,162
Expenses
$413,073
Net income
$51,089
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.24$0.28$4.96$0.52$0.49$0.02
2023Detailed filing. Detailed filing data is available for this year.$5.29$0.35$4.94$0.46$0.41$0.05
2023Summary only. Only limited summary data is available for this year.$5.29$0.35$4.94$0.46$0.41$0.05
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.89$0.02$4.88$0.53$0.47$0.05
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.83$0.01$4.82$0.34$0.33$0.02
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.84$0.04$4.81$0.33$0.38$0.05
2019Summary only. Only limited summary data is available for this year.$4.89$0.03$4.86$0.51$0.43$0.09
2018Summary only. Only limited summary data is available for this year.$4.79$0.01$4.77$0.81$0.36$0.45
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.34$0.02$4.33$0.33$0.34$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.34$0.01$4.33$0.66$0.36$0.29
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.05$0.01$4.04$0.42$0.31$0.11
2014Detailed filing. Detailed filing data is available for this year.$3.95$0.02$3.93$0.32$0.29$0.03
2013Detailed filing. Detailed filing data is available for this year.$3.91$0.01$3.90$0.32$0.29$0.03
2012Summary only. Only limited summary data is available for this year.$3.58$0.01$3.57$0.31$0.33$0.02
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.33$0.01$3.32$0.27
2010Summary only. Only limited summary data is available for this year.$3.28$0.00$3.27$0.34$0.33$0.01