EIN 95-2217011

The Music Center (TMC)

IRS 501(c) type
501(c)(3)
Num. employees
970
Year formed
1961
Most recent tax filings
2022-06-01
Description
The Music Center, located in the heart of downtown Los Angeles, serves more than 1.3 million people annually through performances by its four resident companies – LA Opera, the LA Phil, Center Theatre Group, and the Los Angeles Master Chorale.
Also known as...
Performing Arts Center of Los Angeles County
Total revenues
$72,330,589
2022
Total expenses
$61,528,583
2022
Total assets
$148,384,472
2022
Num. employees
970
2022

Program areas at TMC

Center operations:tmc maintains and operates The facilities on behalf of Los Angeles County. The facilities include: walt disney concert hall; dorothy chandler pavilion; ahmanson theatre; mark taper forum; jerry moss plaza; and grand park. The Center is home to four renowned resident companies: Center theatre group; Los Angeles master chorale; Los Angeles opera company; and Los Angeles philharmonic association. Tmc provides facility maintenance, security, guest services, production, and scheduling and events management. In The current fiscal year, more than 500,000 guests attended over 500 ticketed performances (see schedule o for continuation)in The Center's venues, reflecting a gradual increase following The pandemic closure in The prior year. Tmc also manages and operates Los Angeles County's 12-acre grand park. The park features multi-use lawns, stages, and open spaces available for both leisure and civic gatherings. The park typically has more than 1 million guests visit annually to enjoy its many ammenities. The park has become The central gathering place in Los Angeles for major holiday celebrations including july 4th and new year's eve.
Capital improvementsunder The terms of The operating agreement with The County of Los Angeles, tmc transfers title of leasehold and other capital improvements to The County of Los Angeles upon purchase. As such, tmc expenses these purchases as they are incurred. Capital improvement expenses also include debt service related to bonds payable for The 2007 mark taper forum renovation, amortization of food and beverage contract acquisition costs, and various capital improvements across The tmc campus.
Tmc arts:tmc has developed a rapidly growing artistic role in Los Angeles County. All tmc Arts' programs are developed through The lens of engagement and with a focus on creating programs that respond to and are reflective of The diverse populations that comprise Los Angeles County. This approach applies to The range of tmc Arts programs, whether a ticketed presentation of a dance company in tmc's theatres for its "glorya kaufman presents dance at The Music Center" series, or a free and/or low-cost participatory program in The jerry moss plaza, such as tmc's "dance dtla." Many of The events produced by tmc arts(see schedule o for continuation)in grand park are curated in conjuction with The park's numerous community partners. In response to covid and The closure of its theatres, tmc initiated a new digital platform called "The Music Center offstage," which included a portfolio of free performances, interviews, Arts activities, and special events for all ages. Tmc also manages its nationally recognized Arts learning programs, which typically reach 150,000 students and teachers annually and is The largest Arts education program in Los Angeles.

Grants made by TMC

GranteeGrant descriptionAmount
Center Theatre GroupGeneral Operating Assistance and Grant$230,504
Los Angeles Philharmonic Association (LAP)General Operating Assistance$156,441
Los Angeles Opera CompanyGeneral Operating Assistance$156,441
...and 1 more grant made

Who funds The Music Center (TMC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Music Center FoundationGeneral Support$1,319,896
Ring-Miscikowski FoundationUndesignated General Support$1,000,000
Glorya Kaufman FoundationConservation and Advancement of Performance Arts.$750,000
...and 85 more grants received totalling $4,330,378

Personnel at TMC

NameTitleCompensation
Rachel S MoorePresident and Chief Executive Officer$924,544
Howard ShermanExecutive Vice President and Chief Operating Officer , the Music Center Ops. / Exececutive Vice President , Chief Operating Officer / Executive Vice President and Chief Operating Officer / Interim President and Executive Vice President , Chief Operating Officer / Interim President , and Executive Vice President , Chief Operating Officer / Interim President and Chief Operating Officer / Executive Vice President , Chief Operating Officer$337,164
William TaylorFinance and Chief Financial Officer and Assistant Treasurer$251,425
Bonnie GoodmanSenior Vice President , Marketing and Communications$255,906
Valentine GelmanSenior Vice President , Advancement$255,601
...and 10 more key personnel

Financials for TMC

RevenuesFYE 06/2022
Total grants, contributions, etc.$28,511,188
Program services$41,037,326
Investment income and dividends$936,961
Tax-exempt bond proceeds$61
Royalty revenue$4,542
Net rental income$902,717
Net gain from sale of non-inventory assets$-12,337
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$950,131
Total revenues$72,330,589

Form 990s for TMC

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-22990View PDF
2021-062022-05-13990View PDF
2020-062021-05-28990View PDF
2019-062020-09-29990View PDF
2018-062019-11-04990View PDF
...and 8 more Form 990s

Organizations like TMC

OrganizationLocationRevenue
National Arts Centre CorporationCanada, $100,347,000
Cincinnati Arts AssociationCincinnati, OH$26,723,265
Chautauqua InstitutionChautauqua, NY$44,067,760
David A Straz JR CenterTampa, FL$36,133,717
Ruth Eckerd HallClearwater, FL$27,197,367
Kaufman Music CenterNew York, NY$18,262,394
Groton Hill Music (IHM)Groton, MA$41,196,688
Artis-NaplesNaples, FL$43,110,802
New Jersey Performing Arts Center CorporationNewark, NJ$60,369,438
Providence Performing Arts Center (PPAC)Providence, RI$33,498,809
Data update history
October 26, 2023
Received grants
Identified 8 new grant, including a grant for $10,000 from Elaine and Bram Goldsmith Family Charitable Trust
August 19, 2023
Received grants
Identified 71 new grant, including a grant for $5,028,000 from The Eli and Edythe Broad Foundation
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 20, 2023
Posted financials
Added Form 990 for fiscal year 2022
July 13, 2023
Used new vendors
Identified 8 new vendors, including , , , , , , , and
Nonprofit Types
Arts, culture, and humanities nonprofitsPerforming arts organizationsPerforming arts centersMusical groupsCharities
Issues
Arts, cultural, and humanities
Characteristics
State / local levelReceives government fundingCommunity engagement / volunteeringProvides scholarshipsTax deductible donations
General information
Address
135 N Grand Ave
Los Angeles, CA 90012
Metro area
Los Angeles-Long Beach-Anaheim, CA
County
Los Angeles County, CA
Website URL
musiccenter.org/ 
Phone
(213) 972-7211
Facebook page
MusicCenterLA 
Twitter profile
@musiccenterla 
IRS details
EIN
95-2217011
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1961
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A61: Performing Arts Centers
NAICS code, primary
711130: Musical Groups and Artists
Parent/child status
Independent
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