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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$306.6M
+7.5% YoY
Annual Giving
$9.0M
+10.6% YoY
Grant Count
5
+0.0% YoY
Avg Grant Size
$1.8M
+10.6% YoY
About Music Center Foundation
Based on IRS filings
Music Center Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $306.6M in total assets. In 2024, it awarded 5 grants totaling $9.0M. Net investment income was $3.5M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $306,563,538 | $285,118,946 | $314,452,554 |
| Revenue | $10,480,339 | $2,501,518 | $21,090,065 |
| Expenses | $10,080,290 | $9,113,867 | $26,234,757 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,452,705 | $1,083,338 | $16,508,629 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
25 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Los Angeles Philharmonic Association ($3,790,770), The Music Center Performing Arts Center of Los Angeles County ($1,910,128), Center Theatre Group of Los Angeles Inc ($1,559,636).
| Recipient | Purpose | Amount |
|---|---|---|
| THE MUSIC CENTER PERFORMING ARTS CENTER OF LOS ANGELES COUNTY LOS ANGELES, CA | GENERAL SUPPORT | $1,910,128 |
| LOS ANGELES PHILHARMONIC ASSOCIATION LOS ANGELES, CA | GENERAL SUPPORT | $3,790,770 |
| CENTER THEATRE GROUP OF LOS ANGELES INC LOS ANGELES, CA | GENERAL SUPPORT | $1,559,636 |
| LOS ANGELES OPERA COMPANY LOS ANGELES, CA | GENERAL SUPPORT | $1,366,674 |
| LOS ANGELES MASTER CHORALE LOS ANGELES, CA | GENERAL SUPPORT | $400,172 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SHELBY NOTKIN | CHAIRMAN | 1 | — |
| KIKI R GINDLER | VICE CHAIRMAN | 1 | — |
| KENNETH S WILLIAMS | SECRETARY/TREASURER | 1 | — |
| THOMAS L BECKMEN | DIRECTOR | 1 | — |
| JOHN B EMERSON | DIRECTOR | 1 | — |
| AMY R FORBES | DIRECTOR | 1 | — |
| DARELL L KRASNOFF | DIRECTOR | 1 | — |
| KENT KRESA | DIRECTOR (THRU 05/2023) | 1 | — |
| KEITH LEONARD | DIRECTOR | 1 | — |
| KELSEY N MARTIN | DIRECTOR | 1 | — |
| ELIZABETH MICHELSON | DIRECTOR | 1 | — |
| CINDY MISCIKOWSKI | DIRECTOR | 1 | — |
| JEFFREY SOROS | DIRECTOR | 1 | — |
| PHILIP SWAN | DIRECTOR | 1 | — |
| SUE WEGLEITNER | DIRECTOR | 1 | — |
| STEVEN T BENSON | PRESIDENT | 40 | $363,437 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Music Center Foundation?
Music Center Foundation is a nonprofit organization focused on Arts, Culture & Humanities, based in LOS ANGELES, CA. It holds $306.6M in total assets as of 2024.
How large is Music Center Foundation?
As of 2024, Music Center Foundation holds $306.6M in total assets with $10.5M in annual revenue. It awarded 5 grants totaling $9.0M in 2024.
Where does Music Center Foundation operate?
Music Center Foundation has awarded grants in California.
What size grants does Music Center Foundation award?
In 2024, Music Center Foundation awarded 5 grants totaling $9.0M — an average of about $1.8M per grant, based on its IRS Form 990 filings.
What is Music Center Foundation's EIN?
Music Center Foundation's EIN (Employer Identification Number) is 23-7298290. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Music Center Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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