Sol-La Music Academy is located in Santa Monica, CA. The organization was established in 2009. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Sol-La Music Academy employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sol-La Music Academy 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 06/2023, Sol-La Music Academy generated $475.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $422.4k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SOL-LA MUSIC ACADEMY PROVIDES OUTSTANDING MUSIC EDUCATION IN AN ENCOURAGING AND ENGAGING ENVIRONMENT THAT FOSTERS ACHIEVEMENT AND COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SOL-LA CAMPUS PROGRAM: SOL-LA OFFERS LESSONS, CLASSES, ENSEMBLES, CHAMBER GROUPS, MUSIC THEORY, AND EARLY EDUCATION TO OVER 250 STUDENTS EACH YEAR AT THE SANTA MONICA CAMPUS, BRINGING TOGETHER A DIVERSE STUDENT POPULATION AS A COMMUNITY OF MUSICIANS. CLASSES AND ENSEMBLES RUN FROM SEPTEMBER TO JUNE, AND ARE DIVIDED INTO TWO 16-WEEK SEMESTERS. INDIVIDUAL LESSONS OCCUR YEAR-ROUND.SOL-LA SUPPORTS ACCESS TO MUSIC EDUCATION FOR ALL CHILDREN, AS WELL AS HIGH STANDARDS OF EXCELLENCE AND ACHIEVEMENT. WE PROVIDE TUITION ASSISTANCE TO OVER 50% OF STUDENTS IN OUR ON-CAMPUS CLASSES. AS SOL-LA IS A COMMUNITY SCHOOL, WE EMBRACE CHILDREN OF ALL LEVELS AND WE BELIEVE THAT MUSIC SHOULD BE PART OF EVERY CHILD'S EDUCATION. SOL-LA SUPPORTS THE COMMITMENT AND TALENT OF PARTICULARLY HIGH-ACHIEVING STUDENTS. STUDENTS ARE CONSISTENT WINNERS AT COMPETITIONS THROUGHOUT SOUTHERN CALIFORNIA, AS WELL AS RECIPIENTS OF SCHOLARSHIP AWARDS AND ACCEPTANCES TO PRESTIGIOUS UNIVERSITY AND SUMMER MUSIC PROGRAMS.
ST. ANNE SCHOOL PROGRAM: SOL-LA'S SATELLITE PROGRAM AT ST. ANNE SCHOOL, THE ONLY NONPUBLIC TITLE 1 SCHOOL IN SANTA MONICA, CA, IS FLOURISHING. IN 2010, SOL-LA FORMED A PARTNERSHIP WITH CROSSROADS SCHOOL'S ELIZABETH MANDELL MUSIC INSTITUTE (EMMI) AND THE CROSSROADS COMMUNITY OUTREACH FOUNDATION (CCOF) TO PROVIDE MUSIC EDUCATION AT NO COST TO STUDENTS AT ST. ANNE SCHOOL, WHERE MORE THAN 40% OF FAMILIES MEET THE FEDERAL FOOD PROGRAM POVERTY CRITERIA. THE PROGRAM BEGAN WITH A BEGINNING CLASS OF 18 FOURTH GRADE CLASS VIOLIN STUDENTS AND HAS GROWN RAPIDLY TO NOW SERVE 260 K-8 GRADE STUDENTS. IN ADDITION, STUDENTS ARE ELIGIBLE TO ATTEND STRING ENSEMBLE, MUSIC THEORY, AND CHORUS CLASSES ON THE SOL-LA CAMPUS WITH SUBSTANTIAL TUITION ASSISTANCE. THE ESSENTIAL ASPECTS OF THE MUSIC PROGRAM ARE WEEKLY LESSONS WITH A SOL-LA MASTER TEACH IN VIOLIN, VIOLA, CELLO, ORFF, AND CHORUS, AS WELL AS BI-WEEKLY PRACTICE SESSIONS FOR STRING PLAYERS WITH MENTORS FROM LOCAL HIGH SCHOOLS. IN ADDITION, COLLEGE STUDENTS FROM THE UCLA HERB ALPERT SCHOOL OF MUSIC (HASOM) ACT AS SENIOR MENTORS. INSTRUMENTS ARE PROVIDED TO EACH STUDENT, THE MAJORITY ON LOAN FROM OUR COMMUNITY PARTNER, AMERICAN YOUTH SYMPHONY, AND MANY PROVIDED THROUGH DONORS.STUDENTS IN SOL-LA SATELLITE AND ON-CAMPUS PROGRAMS COME TOGETHER TO PERFORM SEVERAL TIMES OVER THE COURSE OF THE SCHOOL YEAR.
SOL-LA'S MENTORSHIP PROGRAM FOR UCLA HERB ALPERT SHOOL OF MUSIC AND UNIVERSITY MUSIC STUDENTS PROVIDES TEACHING EXPERIENCE AND JOB OPPORTUNITIES, WORKING WITH HIGHLY ACCOMPLISHED LEADING EDUCATORS IN THE FIELD OF MUSIC AND PERFORMING ARTS. ADVANCED LEVEL HIGH SCHOOL STUDENTS ARE GIVEN THE OPPORTUNITY TO WORK WITH SOL-LA FACULTY MEMBERS, WHILE MENTORING YOUNGER STUDENTS THROUGH AFTER SCHOOL INSTRUMENTAL PRACTICE SESSIONS. THE ROLE OF THE MENTOR IS TO SERVE AS A PRACTICE SUPERVISOR, COACH, FRIEND, AND ROLE MODEL, TO INTRODUCE STUDENTS TO THE ART OF TEACHING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Julie Resh Executive Dir. | Trustee | 40 | $68,116 |
Margaret Lysy Artistic Dir. | OfficerTrustee | 20 | $30,003 |
Banafsheh Bayati Trustee | Trustee | 0 | $0 |
Antonio Lysy Trustee | Trustee | 0 | $0 |
James Newton Howard Trustee | Trustee | 0 | $0 |
Tate Rider Trustee | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $71,800 |
All other contributions, gifts, grants, and similar amounts not included above | $181,830 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $253,630 |
Total Program Service Revenue | $221,742 |
Investment income | $2 |
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 | $475,374 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $98,119 |
Compensation of current officers, directors, key employees. | $98,119 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $155,534 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $23,144 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,809 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $7,838 |
Advertising and promotion | $1,447 |
Office expenses | $9,872 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $43,937 |
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 | $1,161 |
Insurance | $5,016 |
All other expenses | $10,680 |
Total functional expenses | $422,429 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $312,627 |
Savings and temporary cash investments | $1,819 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $14,881 |
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 | $820 |
Net Land, buildings, and equipment | $1,741 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,001 |
Total assets | $334,889 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $13,020 |
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 | $13,020 |
Net assets without donor restrictions | $321,869 |
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 | $334,889 |