Acm Lifting Lives
- Assets
- $5.9m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 2
- Location
- Burbank, CA
- Founding
- 02/2006
- Data as of
- 12/2021
- EIN
- 84-1638671
Organization Overview
Acm Lifting Lives is located in Burbank, CA. The organization was established in 2006. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Acm Lifting Lives employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Acm Lifting Lives 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 12/2021, Acm Lifting Lives generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Acm Lifting Lives has awarded 117 individual grants totaling $3,722,043. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
ACM LIFTING LIVES MUSIC DEDICATED TO IMPROVING LIVES THROUGH THE POWER OF MUSIC. ACM LIFTING LIVES FUNDS MUSIC HEALTH PROGRAMS WHILE ALSO SERVING MEMBERS OF THE MUSIC COMMUNITY WHO FACE UNEXPECTED HARDSHIPS THROUGH ITS DIANE HOLCOMB EMERGENCY RELIEF FUND. ACM LIFTING LIVES HAS FUNDED NATIONAL MUSIC THERAPY PROGRAMS SERVING VARIOUS MENTAL AND PHYSICAL HEALTH ORGANIZATIONS. THE ACM LIFTING LIVES COVID-19 RESPONSE FUND WAS CREATED IN APRIL 2020 IN RESPONSE TO THE GLOBAL PANDEMIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ACM LIFTING LIVES IS DEDICATED TO IMPROVING LIVES THROUGH THE POWER OF MUSIC. THROUGH PARTNERSHIPS WITH ARTISTS AND STRONG TIES IN THE MUSIC INDUSTRY, ACM LIFTING LIVES FUNDS MUSIC HEALTH PROGRAMS WHILE ALSO SERVING MEMBERS OF THE MUSIC COMMUNITY WHO FACE UNEXPECTED HARDSHIPS THROUGH ITS DIANE HOLCOMB EMERGENCY RELIEF FUND. WITH GENEROUS DONATIONS AND THE SUPPORT OF ARTISTS AND FANS, ACM LIFTING LIVES HAS FUNDED NATIONAL MUSIC THERAPY PROGRAMS SERVING VARIOUS MENTAL AND PHYSICAL HEALTH ORGANIZATIONS. SOME OF THE RECIPIENTS HAVE INCLUDED PATIENTS AT CHILDREN'S HOSPITALS AND OTHER HEALTHCARE FACILITIES, RECOVERING VETERANS, PEOPLE WITH WILLIAMS SYNDROME AND INDIVIDUALS WITH MENTAL ILLNESS. THE ACM LIFTING LIVES COVID-19 RESPONSE FUND WAS CREATED IN APRIL 2020 IN RESPONSE TO THE GLOBAL PANDEMIC. TO DATE OVER $3.8 MILLION HAS BEEN DISTRIBUTED TO ASSIST INDIVIDUALS WORKING IN THE INDUSTRY WHO SUFFERED FINANCIAL CRISIS AND HARDSHIP AS A RESULT OF THE PANDEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lyndsay Ryan Cruz Executive Director | Officer | 40 | $195,896 |
Taylor Wolf Secretary | OfficerTrustee | 20 | $67,411 |
Troy Vollhoffer Vice Chairman | OfficerTrustee | 5 | $0 |
Dwight Wiles Treasurer | OfficerTrustee | 5 | $0 |
Paul Barnabee Chairman | OfficerTrustee | 5 | $0 |
Lorie Lytle Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| 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 | $1,162,027 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,162,027 |
| Total Program Service Revenue | $0 |
| Investment income | $131,977 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $577,541 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,268 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,902,105 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $294,352 |
| Grants and other assistance to domestic individuals. | $310,132 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $195,896 |
| Compensation of current officers, directors, key employees. | $97,948 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $67,410 |
| Pension plan accruals and contributions | $8,340 |
| Other employee benefits | $19,408 |
| Payroll taxes | $17,438 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $71,408 |
| Fees for services: Accounting | $3,162 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,758 |
| Advertising and promotion | $56,054 |
| Office expenses | $5,117 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15,356 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,661 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,034 |
| Insurance | $52 |
| All other expenses | $1,297 |
| Total functional expenses | $1,117,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $932,209 |
| Savings and temporary cash investments | $1,053,241 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $40,263 |
| Investments—publicly traded securities | $3,459,396 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $373,278 |
| Total assets | $5,858,387 |
| Accounts payable and accrued expenses | $0 |
| 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 | $49,211 |
| Total liabilities | $49,211 |
| Net assets without donor restrictions | $5,809,176 |
| Net assets with donor restrictions | $0 |
| 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 | $5,858,387 |
Grants Awarded
Over the last fiscal year, Acm Lifting Lives has awarded $290,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Nashville, TN PURPOSE: MEDICAL EDUCATION, NURSING EDUCATION, AND RESEARCH | $175,000 |
Nashville, TN PURPOSE: MEDICAL AID FOR ALL COUNTRY MUSICIANS IN NEED | $50,000 |
Nashville, TN PURPOSE: MEDICAL EDUCATION FOR INTERNS, AND ENTERTAINMENT FOR PATIENTS IN HOSPITALS | $50,000 |
Nashville, TN PURPOSE: MUSIC THERAPY FOR MILITARY PERSONNEL. | $15,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Acm Lifting Lives has recieved totaling $8,748.
| Awarding Organization | Amount |
|---|---|
Gibson Gives Nashville, TN PURPOSE: SUPPORTING MUSIC EDUCATION AND THE ARTS, HEALTH AND WELFARE AND ENVIRONMENTAL ISSUES | $8,197 |
Francis W And Louise Humphries Family Foundation Meridian, ID PURPOSE: SEE STATEMENT 6 | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $51 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Groundswell Fund San Francisco, CA | $42,239,063 | $24,343,616 |
Americas Best Local Charities San Rafael, CA | $3,431,052 | $16,765,664 |
Bill Hannon Foundation Los Angeles, CA | $17,238,236 | $4,285,811 |
It Is Written Inc Riverside, CA | $12,378,597 | $15,533,924 |
Friends Of Family Health Center La Habra, CA | $48,269,218 | $21,982,956 |
Family Assistance Ministries San Clemente, CA | $4,435,253 | $12,485,569 |
Hidaya Foundation Santa Clara, CA | $4,651,500 | $12,437,401 |
Hyundai Hope On Wheels Fountain Valley, CA | $12,616,829 | $14,561,310 |
Philanthropic Impact Fund Beverly Hills, CA | $0 | $3,313,525 |
Providence Little Company Of Mary Foundation Torrance, CA | $121,035,875 | $18,031,300 |
Cambodian Childrens Fund Santa Monica, CA | $27,120,483 | $15,367,074 |
Xavier College Preparatory High School Palm Desert, CA | $46,603,211 | $9,301,462 |