Arts, Culture, Humanities : Performing Arts

MusiCares

Ensuring that music people have a place to turn in times of financial, medical or personal crisis

four stars

95.80

3030 Olympic Boulevard Santa Monica, CA 90404
tel: (310) 392-3777   Web Site
EIN: 95-4470909

Board Leadership
Alexandra Patsavas
Chair

CEO
Neil Portnow
President & CEO

  Score
(out of 100)
Rating
Overall Score & Rating 95.80 four stars
  Financial 95.61 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 12/01/2016 and includes data from FY2015, the most recent 990 received at that time.

Learn more about how we calculate the overall score and rating.

Financial

four stars

95.61

Accountability & Transparency

four stars

96.00

This rating was published 12/01/2016 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
78.4%
  Administrative Expenses 9.5%
  Fundraising Expenses 12.0%
  Fundraising Efficiency $0.07
  Working Capital Ratio (years) 2.83
  Program Expenses Growth 12.9%
  Liabilities to Assets 2.8%
All data for Financial Performance Metrics calculations was provided by MusiCares on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by MusiCares on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,819,049
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $9,772,491
   Related Organizations $0
   Government Grants $0
Total Contributions $13,591,540
   Program Service Revenue $0
Total Primary Revenue $13,591,540
   Other Revenue $-3,377,344
TOTAL REVENUE $10,214,196
   
EXPENSES  
   Program Expenses $6,640,062
   Administrative Expenses $854,603
   Fundraising Expenses $852,397
TOTAL FUNCTIONAL EXPENSES $8,347,062
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,867,134
   
Net Assets $21,496,656

Charts

Compensation % of Expenses Paid to Title
Not compensated -- Neil Portnow President, CEO
Other Salaries of Note
$162,054 1.94% Kristen Madsen Senior Vice President, Foundations
$160,360 1.92% Judy Wong Controller
$127,098 1.52% Dana Tomarken Vice President
$122,829 1.47% Scott Goldman Vice President

Mission

Established in 1989 by The Recording Academy, MusiCares provides a safety net of critical assistance for music people in times of need. MusiCares' services and resources cover a wide range of financial, medical and personal emergencies, and each case is treated with integrity and confidentiality. MusiCares also focuses the resources and attention of the music industry on human service issues that directly impact the health and welfare of the music community. MusiCares programs include emergency financial assistance for struggling music people; addiction recovery support groups; and outreach activities to educate members of the music industry and the public-at-large about available human service opportunities.

Highly Rated

Charity Name & State Overall Score Overall Rating
MusiCares (CA) 95.80 four stars
Montalvo Arts Center (CA) 86.12 three stars
United Arts Council of Greater Greensboro (NC) 86.56 three stars
Dance/USA (DC) 90.16 four stars
Thelonious Monk Institute of Jazz (DC) 88.81 three stars

Compare These Charities (Highly Rated)

Charity Contact Info

MusiCares
3030 Olympic Boulevard
Santa Monica, CA 90404
tel: (310) 392-3777
fax: (310) 392-2187
EIN: 95-4470909

Visit Web Site

Board Leadership

Alexandra Patsavas
Chair

CEO

Neil Portnow
President & CEO

[ X ]

Did You Know We Are a Charity, Too?

If even a third of the 7 million people who visited our site last year had donated a dollar to Charity Navigator, we would comfortably meet our annual budget and be able to do what so many of you ask us to do every day--rate more charities!

With the support of users like you, we are currently investing in staff and technology. This will allow us to improve the search and organizational features of our site, making it easier to find the information that matters most to you. We will also continue to enhance our evaluation system and metrics.

So, whether you're a first time visitor or a long time user, we ask for your help in achieving our goal. Your gift of any size is most deeply appreciated! Thank You!

With the support of users like you, we are making it easier to find the info that matters most. Thank you!