Overview

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Est.

1945

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Music Guild is a nonprofit organization dedicated to promoting music through chamber concerts and outreach activities, focusing on enhancing music education in public and private schools, churches, and libraries. With an operating budget of $177.8K and total revenue of $124.7K for the 2024 filing year, the organization facilitates instrument adoption and lending programs that support talented students in their musical and academic pursuits. The Music Guild does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its mission. For more information, visit TheMusicGuild.org.

Mission Statement

The Music Guild presented six of the finest chamber music concerts with the greatest local chamber musicians throughout our 79th season. Our outreach activities include facilitating the adoption of pianos and other instruments by public and private schools, private music students, churches and libraries. Also, The Music Guild facilitated an instrument lending program to talented students which dynamically enhances their learning and performance abilities. It has been proven and documented that students who study to learn an instrument find improvement in all of their academic studies and social skills; proving that music is not a frill but an integral part of a student's life long quest for excellence.
Revenues
$124.7K
Expenses
$177.8K
Net Income:
-$53.1K
Assets
$224.1K
Liabilities
$0
Net Assets:
+$224.1K
Operating Budget
$177.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
4
Median grant size
$12.5K
Largest grant received
$42.5K
W
William Vestal
Board Member
L
Leslie M Klein
Board Member
E
Eugene Golden
Employee

Frequently Asked Questions

What is THE MUSIC GUILD’s budget?
In 2024, THE MUSIC GUILD reported an annual operating budget of around $178 thousand. More detailed financial information is available to registered users.
What causes does THE MUSIC GUILD support?
THE MUSIC GUILD supports work in Music.
Where does THE MUSIC GUILD operate?
THE MUSIC GUILD is headquartered in Los Angeles, CA.
Who funded THE MUSIC GUILD recently?
In 2024, THE MUSIC GUILD received grants from COLBURN FOUNDATION, HENNINGS - FISCHER FOUNDATION, and THE US CHARITABLE GIFT TRUST. More information on this organization’s funders is available to registered users.
What is the largest grant THE MUSIC GUILD received in 2024?
The largest grant to THE MUSIC GUILD in 2024 exceeds $43 thousand.