Music Teachers Association Of California Foundation is located in Walnut Creek, CA. The organization was established in 1989. According to its NTEE Classification (A03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music Teachers Association Of California Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2021, Music Teachers Association Of California Foundation generated $123.5k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.3% each year . All expenses for the organization totaled $41.9k during the year ending 07/2021. While expenses have increased by 1.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE MUSIC AND MUSIC EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC EDUCATION AND ACTIVITIES RELATED TO MUSIC EDUCATION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jane Masur President | OfficerTrustee | 1 | $0 |
Marceline Lee First Vice President | OfficerTrustee | 1 | $0 |
Mindy Cabral Second Vice President | OfficerTrustee | 0.25 | $0 |
Grace Macatangay Edwards Membership Secretary | OfficerTrustee | 0.25 | $0 |
William Becker Treasurer | OfficerTrustee | 1 | $0 |
Robin Clary Recording Secretary | OfficerTrustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $114,882 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $114,882 |
Total Program Service Revenue | $425 |
Investment income | $8,203 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $123,510 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $34,795 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $800 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $430 |
Total functional expenses | $41,932 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $277,799 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $26,107 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $1,500 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $700,039 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $1,005,445 |
Accounts payable and accrued expenses | $142,998 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $142,998 |
Net assets without donor restrictions | $356,130 |
Net assets with donor restrictions | $506,317 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,005,445 |
Over the last fiscal year, we have identified 3 grants that Music Teachers Association Of California Foundation has recieved totaling $35,000.
Awarding Organization | Amount |
---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $17,000 |
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $10,000 |
Marin Community Foundation Novato, CA PURPOSE: GENERAL OPERATING SUPPORT | $8,000 |
Beg. Balance | $189,882 |
Earnings | $20,691 |
Admin Expense | $147 |
Net Contributions | $57,070 |
Grants | $4,750 |
Ending Balance | $262,746 |
Organization Name | Assets | Revenue |
---|---|---|
Academy Of Country Music Burbank, CA | $15,432,642 | $15,266,512 |
California Cable & Telecommunications Sacramento, CA | $2,703,069 | $3,132,593 |
National Association Of Television Program Executives Inc Studio City, CA | $2,616,816 | $974,629 |
Peter Britt Gardens Music And Arts Festival Association Medford, OR | $10,872,514 | $3,945,941 |
Printing Industries Association Inc Los Angeles, CA | $16,013,664 | $1,627,597 |
Robert C Maynard Institute For Journalism Education Oakland, CA | $2,695,704 | $2,172,366 |
California Newspaper Publishers Association Inc Sacramento, CA | $1,594,246 | $1,146,896 |
American Institute Of Architects Los Angeles Chapter Los Angeles, CA | $1,871,748 | $1,370,900 |
Central Arts Alliance Phoenix, AZ | $655,024 | $1,441,364 |
Carden Portland Education Institute Inc Hillsboro, OR | $503,087 | $1,224,322 |
Aia San Francisco A Chapter Of The American Institute Of Architects San Francisco, CA | $4,018,258 | $1,319,640 |
California Bicycle Coalition Education Fund Sacramento, CA | $841,764 | $1,233,042 |