Music Matters Fund Inc

Foundation · Grantmaker Santa Barbara, CA EIN: 85-1467296

Music Matters Fund Inc is a private foundation established in 2022 with locations in both Santa Barbara, California and New York, New York. The organization operates as a 501(c)(3) nonprofit entity (EIN: 85-1467296) with no employees.

Key facts about Music Matters Fund Inc

EIN
85-1467296
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,013,411
Grants made (2024)
59
Average grant
$17,176
Median grant
$10,000
New grantees (estimate)
56% first-time grantees (33 of 59, 2024)
Total assets
$1,382,726
Primary geography
California (18% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Music Matters Fund Inc funds

By grant dollars, the top recipient states for Music Matters Fund Inc's 59 itemized 2024 grants were California (18%), Florida (7%) and Washington (7%). The most frequent recipient cities were San Francisco, CA (6 grants), Seattle, WA (3 grants), Portland, ME (3 grants) and Washington, DC (3 grants). None of its 59 grants with a stated purpose were described as general or operating support. Recurring purposes include "Project Support" (59 grants).

Is Music Matters Fund Inc open to new grantees?

56%

first-time grantees, 2024

In 2024, 33 of 59 grantees (56%) were first-time recipients. First grants averaged $15K; repeat grants $20K. How we count

Medians: $10K first-time, $11K repeat.

  • 10% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (−8%). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+7.1% YoY

Annual Giving

$1.0M

+27.2% YoY

Grant Count

59

-1.7% YoY

Avg Grant Size

$17K

+29.3% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to recognize and protect small venues and listening rooms across the United States so that live music can remain accessible to all. The organization supports initiatives that promote and preserve the performance and experience of live music, including:

  • Awarding grants to intimate venues that nurture emerging musicians
  • Helping sustain the careers of established and under-recognized music makers
  • Ensuring affordable access to live music in traditionally underserved communities

Primary funding focus areas include Arts, Culture & Humanities, Education, and Philanthropy & Voluntarism.

Grantmaking

Music Matters Fund makes grants typically ranging from $4,000 to $50,000. Recent grants awarded in 2023 include:

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking priorities focus primarily on California, Washington, and New York.

Grant Distribution by State

40states

Share of all 59 itemized 2024 grant dollars.

Cities

ChicagoNew YorkSan FranciscoSeattleBrooklynIndianapolisDenverPortlandWashingtonClevelandColumbusLos AngelesNew OrleansPhoenixSan DiegoSanta CruzAustinBathBendBerkeley

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total assets: $1,290,963
  • Total revenues: $2,637,680
  • Total expenses: $1,378,329

Most recent filing (2024):

  • Total assets: $1,382,726
  • Total giving: $1,013,411
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$725K$1M$2M$3M20202021202220232024
Metric202420232022
Total Assets$1,382,726$1,290,963$23,600
Revenue$1,695,696$2,637,680$1,155,847
Expenses$1,603,753$1,378,329$1,146,670
Qualifying Distributions$1,539,875$1,318,559$1,089,957
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$274K$548K$822K$1M47 grants202070 grants202148 grants202260 grants202359 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Parlor Room: $50KParlor Room$50KRoots Music Project Foundation: $45KRoots Music Project Foundation$45KBlue Jay Listening Room: $40KBlue Jay Listening Room$40KDrkmttr Collective LLC: $40KDrkmttr Collective LLC$40KLost Church: $40KLost Church$40KRoyal Room: $40KRoyal Room$40KChris's Jazz Cafe: $35KChris's Jazz Cafe$35KGrand Vision Foundation: $35KGrand Vision Foundation$35KLa Pena Cultural Center: $35KLa Pena Cultural Center$35KMaple Leaf Bar: $35KMaple Leaf Bar$35K

Grant Size Distribution

284 grants across all recorded years

273<$50K11$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Parlor Room ($50,000), Roots Music Project Foundation ($45,000), Blue Jay Listening Room ($40,000).

RecipientPurposeAmount
PARLOR ROOM Northampton, MAPROJECT SUPPORT$50,000
ROOTS MUSIC PROJECT FOUNDATION Boulder, COPROJECT SUPPORT$45,000
BLUE JAY LISTENING ROOM Jacksonville Beach, FLPROJECT SUPPORT$40,000
DRKMTTR COLLECTIVE LLC Goodlettsville, TNPROJECT SUPPORT$40,000
LOST CHURCH San Francisco, CAPROJECT SUPPORT$40,000
ROYAL ROOM Seattle, WAPROJECT SUPPORT$40,000
CHRIS'S JAZZ CAFE Philadelphia, PAPROJECT SUPPORT$35,000
GRAND VISION FOUNDATION San Pedro, CAPROJECT SUPPORT$35,000
LA PENA CULTURAL CENTER Berkeley, CAPROJECT SUPPORT$35,000
MAPLE LEAF BAR New Orleans, LAPROJECT SUPPORT$35,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Cat Henry — Exec Directr: $185KCat HenryExec Directr$185K

From 2024 IRS filing

NameTitleHoursCompensation
Jeffrey WilkinsTreasurer2—
Stephen WebberSecretary2—
Cat HenryExec Directr40$184,685
Gavin BergerPresident5—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Music Matters Fund Inc fund?

The foundation's mission is to recognize and protect small venues and listening rooms across the United States so that live music can remain accessible to all. The organization supports initiatives that promote and preserve the performance and experience of live music, including: • Awarding grants to intimate venues that nurture emerging musicians • Helping sustain the careers of established and under-recognized music makers • Ensuring affordable access to live music in traditionally underserve…

How do I apply for a grant from Music Matters Fund Inc?

Music Matters Fund makes grants typically ranging from $4,000 to $50,000. Recent grants awarded in 2023 include: • Caffe Lena: $40,000 (Project Support) • Passim: $39,500 (Project Support) The foundation's total giving in the most recent fiscal year was $1,013,411.

Where does Music Matters Fund Inc make grants?

The foundation's grantmaking priorities focus primarily on California, Washington, and New York.

What size grants does Music Matters Fund Inc award?

In 2024, Music Matters Fund Inc awarded 59 grants totaling $1.0M — an average of about $17K per grant, based on its IRS Form 990 filings.

What is Music Matters Fund Inc's EIN?

Music Matters Fund Inc's EIN (Employer Identification Number) is 85-1467296. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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