Musicares Foundation Inc
Musicares Foundation Inc
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About this organization
Mission
Established over twenty years ago 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.
About
THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE OF UP TO $5,000 PER CALENDAR YEAR FOR BASIC NEEDS AND $7,500 FOR MEDICAL ILLNESS AND/OR MAJOR MEDICAL CONDITIONS WITH A LIFETIME MAXIMUM OF $15,000 TO RECORDING INDUSTRY PERSONNEL, INCLUDING CREATIVE AND TECHNICAL PERSONNEL (I.E. MUSICIANS, COMPOSERS, ENGINEERS, PRODUCERS, ETC.), MUSIC BUSINESS STAFF (I.E. RECORD LABEL STAFF, MANAGEMENT COMPANIES, ENTERTAINMENT ATTORNEYS, MUSIC RETAILERS), AND OTHER MEMBERS OF THE MUSIC COMMUNITY WHO HAVE BEEN EMPLOYED IN THE INDUSTRY FOR AT LEAST FIVE YEARS. THESE GRANTS ARE MADE AVAILABLE TO MUSIC PEOPLE FACING AN UNFORSEEN MEDICAL, PERSONAL, OR FINANCIAL CRISIS. THIS CAN INCLUDE PAYMENTS FOR HEALTH CARE PROFESSIONALS AND PRESCRIPTIONS, RENT/MORTGAGE PAYMENTS, HEALTH INSURANCE PREMIUMS, AND COSTS FOR OTHER BASIC LIVING SUPPORT SERVICES. THROUGH ITS COMMUNITY OUTREACH AND EDUCATIONS PROGRAMS, THE FOUNDATION ALSO PROVIDES WORKSHOPS, SEMINARS, AND INDIVIDUAL CONSULTATIONS TO MEMBERS OF THE MUSIC COMMUNITY ON TOPICS RELATED TO GENERAL HEALTH AND HUMAN SERVICE NEEDS. IT ALSO PROVIDES IDEAS AND RESOURCES FOR PROACTIVELY ADDRESSING THOSE ISSUES.
Interesting data from their 2020 990 filing
According to the filing documents, the non-profit's mission is defined as “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.”.
When referring to its tasks, they were referred to as: “Musicares provides a safety net of critical assistance for music people in times of need.”.
- The non-profit's state of operation has been legally reported as CA.
- According to the latest filing, the non-profit's address in 2020 is 3030 OLYMPIC BOULEVARD, SANTA MONICA, CA, 90404.
- The total number of employees reported by the non-profit on their form for 2020 is 24.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$556,849.
- The organization has 19 independent voting members.
- The organization was formed in 1989.
- The organization pays $2,317,357 in salary, compensation, and benefits to its employees.
- The organization pays $819,538 in fundraising expenses.
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