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Musicares Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 954470909 ✦ Santa monica, CA ✦ Designated as a 501(c)(3)

Overview

What is Musicares Foundation Inc?

Musicares Foundation Inc is a nonprofit organization based in Santa Monica, California, providing essential assistance to individuals in the music industry. With a team of 30 employees, Musicares offers financial aid for basic living expenses, medical needs, and other emergencies, with a lifetime maximum of $15,000, extendable to $25,000 under exceptional circumstances. Eligibility is granted to recording industry personnel, music business staff, and other music community members who have worked in the industry for at least five years and are facing unexpected financial, medical, or personal crises. The organization's services include mental health and addiction recovery, health services, and human services. Musicares' mission is to support the human beings behind the music by addressing their mental health, health, and basic living needs.


Official website here: www.musicares.org

Is Musicares Foundation Inc legitimate?

Musicares Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Musicares Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,558,241

For more financial information, click here


Official website here: www.musicares.org

What is the mission statement of Musicares Foundation Inc?

Musicares Foundation Inc focuses on providing essential health and welfare services to individuals in the music industry. In three key areas, Musicares offers support: mental health and addiction recovery, health services, and human services. For mental health and addiction recovery, Musicares offers counseling, psychiatric care, and financial assistance for various treatment programs, including inpatient treatment, coaching, and sober living. Regarding health services, Musicares offers financial assistance during medical crises and provides preventive services like dental and medical screenings, hearing clinics, and workshops on vocal health. Lastly, Musicares' human services address basic living expenses and offer programs addressing affordable housing, career development, legal issues, and senior services. Overall, Musicares aims to help the humans behind the music by providing critical services when they need it most.


Official website here: www.musicares.org

Who is the CEO of Musicares Foundation Inc?

Harvey Mason Jr is the Vice-Chair of Musicares Foundation Inc. The CEO's salary of Musicares Foundation Inc is $0 and their total compensation is $0.


Official website here: www.musicares.org

What is the revenue of Musicares Foundation Inc?

Musicares Foundation Inc's revenue in 2022 was $12,363,939.


Official website here: www.musicares.org

Who are the executives of Musicares Foundation Inc and what are their salaries?

The average compensation at Musicares Foundation Inc during 2022 was $85,275. There are 30 employees and 150 volunteers at Musicares Foundation Inc.

Here are 28 key members and their salaries (Musicares Foundation Inc's CEO's salary is $0 and their total compensation is $0):

    Laura Segura (Executive Director)
  • Compensation: $295,079
  • Related: $0
  • Other: $50,693

    • Debbie Carroll (Vp, Health & Human Services)
  • Compensation: $197,810
  • Related: $0
  • Other: $43,588

    • Judy Wong (Former Vp, Finance)
  • Compensation: $210,000
  • Related: $0
  • Other: $20,140

    • Jigar Thakarar (Managing Director)
  • Compensation: $175,569
  • Related: $0
  • Other: $12,223

    • Lindsey Burris (Managing Director)
  • Compensation: $158,301
  • Related: $0
  • Other: $25,433

    • Erica Krusen (Managing Director)
  • Compensation: $130,420
  • Related: $0
  • Other: $34,451

    • Harold Owens (Senior Director (To 9/21))
  • Compensation: $126,357
  • Related: $0
  • Other: $21,084

    • Ambrosia Healy (Vice-Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Harleston (Secretary/Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Mcdonald (Chair Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Boom (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ali Harnell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Haggerty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carianne Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christine Albert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donna Caseine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gabriel Abaroa (Director (To 6/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lalah Hathaway (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Manuel Abud (Director (From 7/22))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phylicia Fant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pj Morton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rita Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Light (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamara Hrivnak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tammy Hurt (Director (From 11/21))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tuma Basa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Harvey Mason Jr (Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.musicares.org

    Where can I find the form 990 for Musicares Foundation Inc?

    The Musicares Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.musicares.org

    Learn more at the official website: www.musicares.org

    Mission Statement of Musicares Foundation Inc

    Musicares Foundation Inc, a prominent non-profit organization, is dedicated to providing essential health and welfare services to the music community in three crucial areas: mental health and addiction recovery, health services, and human services. This safety net ensures that the individuals behind the music, who enrich our world with their talent, are taken care of when they face various challenges.

    In the realm of mental health and addiction recovery, Musicares Foundation offers a comprehensive range of services. These include support, referrals, and emergency financial assistance for counseling, psychiatric care, inpatient treatment, coaching, and intensive outpatient care. Musicares also provides resources for sober living and other necessary rehabilitation services.

    The health services arm of Musicares Foundation extends financial assistance during medical crises and offers preventive services such as dental and medical screenings, hearing clinics, vocal health workshops, and assistance in obtaining low-cost health insurance. By addressing these critical health needs, Musicares plays a significant role in maintaining the well-being of music industry professionals.

    Additionally, Musicares Foundation addresses the human services required by the music community. This encompasses support for basic living expenses like rent, utilities, car payments, and insurance premiums during hardships. Musicares also offers programs addressing affordable housing, career development, legal issues, and senior services. Through these initiatives, Musicares Foundation ensures that the individuals in the music industry are able to focus on their craft while having the necessary support for their well-being and livelihood.

    Impact

    This information is meant to be a general summary of Musicares Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Musicares Foundation Inc provides a critical safety net of health and welfare services to the music community, focusing on mental health and addiction recovery, health services, and human services. The foundation offers financial assistance of up to $10,000 annually for emergency basic living, medical, or other needs, with a lifetime maximum of $15,000. In exceptional circumstances, grants may be extended to $25,000 based on unique needs. The assistance is available to recording industry personnel, music business staff, and other members of the music community who have been employed in the industry for at least five years.

    Through its community outreach and education programs, Musicares also provides workshops, seminars, and individual consultations on topics related to general health and human service needs. This includes support for mental health counseling, substance abuse treatment, medical crises, preventive health services, and basic living expenses during times of hardship. By helping the humans behind the music, Musicares plays a crucial role in supporting the well-being of those in the music industry.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,873,488
  • Program Service Revenue: $0
  • Gross Receipts: $17,859,097

    • Assets and Liabilities:
  • Total Assets: $27,300,020
  • Total Liabilities: $1,446,496
  • Net Assets: $25,853,524
  • Organization Details

    Founding Year

    1989

    Principal Officer

    Harvey Mason Jr

    Main Address

    3030 OLYMPIC BOULEVARD, SANTA MONICA, CA, 90404

    NTEE Category

    Code: A68Z - Arts

    If you are a representative of Musicares Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.