The Music Guild
Nonprofit profile at a glance
- EIN
- 956058359
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990 2022, Form 990-EZ 2024
- Location
- Los Angeles, CA, USA
- Phone
- 3105583500
- Rating
- 51
- Verdict
- MIXED
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $191,323
- Expenses
- $203,189
- Assets
- $212,278
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- Adele Shapiro (President/Director)
- Leslie Eber MD (Vice-President/Director)
People named in this filing
- Eugene Golden (Secretary/Director)
- Adele Shapiro (President/Director)
- William Sloan MD (Treasurer/Director)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Music Guild's primary exempt purpose is to promote, preserve, and advance the performing arts through educational, cultural, and community-based musical programs. The organization supports musicians, vocalists, ensembles, and music educators by organizing public performances, workshops, concerts, festivals, and instructional activities that enrich the cultural life of the community. The Guild also provides opportunities for artistic collaboration, music appreciation, and public education while encouraging participation in the arts across diverse age groups and backgrounds. Activities are conducted exclusively for charitable and educational purposes consistent with Section 501(c)(3) of the Internal Revenue Code.
What it reported doing in 2024
Program Service 2: )Piano and Instrument Adoption Program and Classical Music Education and Workshops The Guild provides educational opportunities through master classes, instructional performances, rehearsals, and mentorship programs for musicians of varying skill levels. These activities promote classical music appreciation, artistic development, and lifelong learning in the performing arts. Educational programming may include guest speakers, coaching, and youth or community outreach activities. Participants include students, amateur and professional performers, educators, and community members interested in music education and artistic enrichment.
Operating model
- Revenue model
- Donor-supported. 86% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 18
- Transparency & Controls: 92
- Sustainability: 38
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 19.6%; rating input score 20
- Program expense ratio: 16.3%; rating input score 16
Transparency & Controls
- Consistency checks: 90%; rating input score 90; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -6.2%; rating input score 20; 20th percentile among comparable filings
- Total-asset coverage ratio: 1.04; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 76; 76th percentile among comparable filings
- Officer compensation ratio: 19.7%; rating input score 16; 16th percentile among comparable filings
Growth
- Program expense growth: 12.9% per year; rating input score 100; 67th percentile among comparable filings
- Revenue growth: -9.7% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 0.7% per year; rating input score 100; 30th percentile among comparable filings
Details
- Where the money goes: 19.6% of revenue deployed · 16.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $33K in reported program spending
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 9 of 9 current checks pass
- Schedules: 3 filed schedules
- Filing history: 3 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 20/100.
- High — Financial Efficiency: Program expense ratio scored 16/100.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Operating margin scored 20/100.
- High — Sustainability: Officer compensation ratio scored 16/100.