Musicares Foundation Inc logo

Musicares Foundation Inc

SANTA MONICA, CA EIN: 95-4470909 Website

MUSICARES HELPS THE HUMANS BEHIND THE MUSIC BECAUSE MUSIC GIVES SO MUCH TO THE WORLD. MUSICARES PROVIDES A SAFETY NET OF CRITICAL HEALTH AND WELFARE SERVICES TO THE MUSIC COMMUNITY IN THREE KEY AREAS:MENTAL HEALTH & ADDICTION RECOVERY: SUPPORT, REFERRALS, AND EMERGENCY FINANCIAL ASSISTANCE FOR COUNSELING, PSYCHIATRIC CARE, INPATIENT TREATMENT, COACHING, INTENSIVE OUTPATIENT CARE, SOBER LIVING, AND MORE.HEALTH SERVICES: FINANCIAL ASSISTANCE DURING MEDICAL CRISES AND PREVENTIVE SERVICES SUCH AS DENTAL AND MEDICAL SCREENINGS, HEARING CLINICS, VOCAL HEALTH WORKSHOPS, AND ASSISTANCE OBTAINING LOW-COST HEALTH INSURANCE.HUMAN SERVICES: SUPPORT FOR BASIC LIVING EXPENSES LIKE RENT, UTILITIES, CAR PAYMENTS AND INSURANCE PREMIUMS IN TIMES OF HARDSHIP, PLUS PROGRAMS ADDRESSING AFFORDABLE HOUSING, CAREER DEVELOPMENT, LEGAL ISSUES, AND SENIOR SERVICES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$33.8M

+12.4% YoY

Revenue

$14.0M

-8.0% YoY

Net Investment Income

$1.5M

+241.0% YoY

Expenses

$11.8M

-7.3% YoY

About Musicares Foundation Inc

Based on IRS filings

Musicares Foundation Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in SANTA MONICA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33.8M in total assets. Net investment income was $1.5M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

New York

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9M$18M$27M$36M20202021202220232024
Metric202420232022
Total Assets$33,769,868$30,052,960$27,300,020
Revenue$14,035,971$15,259,540$12,363,939
Expenses$11,817,091$12,751,561$11,766,269
Qualifying Distributions
Net Investment Income$1,465,239$429,703$1,873,488
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$5K$7K$9K0 grants20200 grants20210 grants20221 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

1 grants across all recorded years

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

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

LAURA SEGURAEXECUTIVE DIRECTOR$362KTHERESA WOLTERSVICE-PRESIDENT$206KLINDSEY BURRISMANAGING DIRECTOR$174KRYAN DONAHUEMANAGING DIRECTOR$170KVIRGINIA FADDYMANAGING DIRECTOR$153KJENNIFER LEFFMANAGING DIRECTOR$142K

From 2024 filing

NameTitleHoursCompensation
AMBROSIA HEALYVICE-CHAIR1
JEFF HARLESTONSECRETARY/TREASURER1
MICHAEL MCDONALDCHAIR EMERITUS (THROUGH 6/24)1
STEVE BOOMCHAIR1
ALI HARNELLDIRECTOR1
BEN HAGGERTYDIRECTOR1
CARIANNE MARSHALLDIRECTOR1
CHRISTINE ALBERTDIRECTOR1
DONNA CASEINEDIRECTOR1
JEFF JONESDIRECTOR1
LALAH HATHAWAYDIRECTOR1
MANUEL ABUDDIRECTOR1
PHYLICIA FANTDIRECTOR1
PJ MORTONDIRECTOR1
RITA WILSONDIRECTOR1
ROB LIGHTDIRECTOR1
TAMARA HRIVNAKDIRECTOR1
TAMMY HURTDIRECTOR1
TUMA BASADIRECTOR1
HARVEY MASON JRCEO1
LAURA SEGURAEXECUTIVE DIRECTOR40$362,132
THERESA WOLTERSVICE-PRESIDENT40$206,466
RYAN DONAHUEMANAGING DIRECTOR40$169,518
LINDSEY BURRISMANAGING DIRECTOR40$174,245
VIRGINIA FADDYMANAGING DIRECTOR40$152,758
JENNIFER LEFFMANAGING DIRECTOR40$141,798

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Musicares Foundation Inc?

Musicares Foundation Inc is a nonprofit organization focused on Arts, Culture & Humanities, based in SANTA MONICA, CA. It holds $33.8M in total assets as of 2024.

How large is Musicares Foundation Inc?

As of 2024, Musicares Foundation Inc holds $33.8M in total assets with $14.0M in annual revenue.

Where does Musicares Foundation Inc operate?

Musicares Foundation Inc has awarded grants in New York.

What is Musicares Foundation Inc's EIN?

Musicares Foundation Inc's EIN (Employer Identification Number) is 95-4470909. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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