Performing Arts Center Of Los Angeles County, operating under the name The Music Center (tmc), is located in Los Angeles, CA. The organization was established in 2001. According to its NTEE Classification (A61) the organization is classified as: Performing Arts Centers, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Music Center (tmc) employed 954 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Music Center (tmc) 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 06/2021, Music Center (tmc) generated $76.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $43.8m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Music Center (tmc) has awarded 32 individual grants totaling $5,821,578. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
THE MUSIC CENTER AND GRAND PARK OPERATIONSAS LOS ANGELES COUNTY'S PERFORMING ARTS CENTER, THE MUSIC CENTER CONVENES ARTISTS, COMMUNITIES AND IDEAS WITH THE GOAL OF DEEPENING THE CULTURAL LIVES OF EVERY RESIDENT IN LOS ANGELES COUNTY. EACH YEAR, THE MUSIC CENTER TYPICALLY WELCOMES MORE THAN TWO MILLION PEOPLE TO ITS EXPANSIVE CAMPUS.THE ORGANIZATION HAS THREE DIVISIONS: (1) TMC OPERATIONS, WHICH HANDLES ALL OPERATIONS FUNCTIONS; (2) TMC ARTS, WHICH OVERSEES THE ORGANIZATION'S PROGRAMMING AND ARTS LEARNING INITIATIVES; AND (3) TMC (SEE SCHEDULE O FOR CONTINUATION)BUSINESS RESOURCES, WHICH INCLUDES THE MUSIC CENTER'S ADVANCEMENT, FINANCE AND MARKETING AND COMMUNICATIONS TEAMS.TMC OPERATIONS MANAGES TMC'S FOUR THEATRES: WALT DISNEY CONCERT HALL; DOROTHY CHANDLER PAVILION; AHMANSON THEATRE; AND THE MARK TAPER FORUM-AND ITS OUTDOOR SPACES, INCLUDING THE JERRY MOSS PLAZA AND THE 12-ACRE GRAND PARK, FOR AND ON BEHALF OF THE COUNTY OF LOS ANGELES, WHICH OWNS THE FACILITIES. THE MUSIC CENTER IS ALSO HOME TO FOUR RENOWNED RESIDENT COMPANIES: (1) CENTER THEATRE GROUP; (2) LOS ANGELES MASTER CHORALE; (3) LOS ANGELES OPERA; AND (4) LOS ANGELES PHILHARMONIC. TMC OPERATIONS SERVES AS THE LANDLORD FOR THE RESIDENT COMPANIES, PROVIDING A NUMBER OF SUPPORT SERVICES, INCLUDING FACILITY, STAGE AND THEATRE OPERATIONS. IT IS ALSO RESPONSIBLE FOR IMPROVEMENTS TO AND MAINTENANCE OF THE FACILITIES, ALONG WITH SECURITY, GUEST SERVICES, PRODUCTION, AND SCHEDULING AND EVENTS' MANAGEMENT. THE MUSIC CENTER ALSO MANAGES GRAND PARK, WHICH EXTENDS FROM THE MUSIC CENTER CAMPUS TO LOS ANGELES CITY HALL. THE PARK FEATURES MULTI-USE LAWNS, STAGES AND OPEN SPACES AVAILABLE FOR BOTH LEISURE AND CIVIC GATHERINGS. EACH YEAR, MORE THAN ONE MILLION PEOPLE VISIT THE PARK TO ENJOY ITS MANY AMENITIES. THE PARK HAS BECOME THE "GO-TO" CENTRAL GATHERING PLACE IN LOS ANGELES FOR MAJOR HOLIDAY CELEBRATIONS INCLUDING JULY 4TH AND NEW YEAR'S EVE.
ARTISTIC PROGRAMMING, EDUCATION AND OUTREACHTHE MUSIC CENTER HAS DEVELOPED A RAPIDLY GROWING ARTISTIC ROLE IN LOS ANGELES COUNTY, LED BY TMC ARTS. 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 PROSCENIUM-BASED TICKETED PRESENTATION OF A DANCE COMPANY IN THE MUSIC CENTER'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 OR IN GRAND PARK, SUCH AS(SEE SCHEDULE O FOR CONTINUATION)THE MUSIC CENTER'S DANCE DTLA. MANY OF THE EVENTS PRODUCED BY THE MUSIC CENTER IN GRAND PARK ARE CURATED IN CONJUNCTION WITH THE PARK'S NUMEROUS COMMUNITY PARTNERS. IN RESPONSE TO COVID-19 AND THE CLOSURE OF ITS THEATRES, TMC SHIFTED FROM INDOOR PROGRAMS TO OFFER VIRTUAL PROGRAMS THROUGH A NEW DIGITAL PLATFORM CALLED THE MUSIC CENTER OFFSTAGE. TMC CURATED A PORTFOLIO OF FREE PROGRAMS INCLUDING PERFORMANCES, EXCLUSIVE INTERVIEWS, ARTS ACTIVITIES AND SPECIAL EVENTS FOR ALL AGES.ADDITIONALLY, TMC ARTS MANAGES THE MUSIC CENTER'S NATIONALLY RECOGNIZED ARTS LEARNING PROGRAMS, WHICH THE ORGANIZATION HAS PIONEERED SINCE ITS EARLIEST DAYS. TYPICALLY, THE MUSIC CENTER'S ARTS LEARNING INITATIVE REACHES 150,000 STUDENTS AND EDUCATORS ANNUALLY AND IS THE LARGEST ARTS EDUCATION PROGRAM IN LOS ANGELES. PUBLIC PROGRAMMING RESUMED ON TMC'S OUTDOOR PLAZA IN MAY 2021.
CAPITAL IMPROVEMENTSUNDER THE TERMS OF A SUBLEASE AGREEMENT WITH THE COUNTY OF LOS ANGELES, THE MUSIC CENTER TRANSFERS TITLE OF LEASEHOLD AND OTHER CAPITAL IMPROVEMENTS UPON PURCHASE TO THE COUNTY OF LOS ANGELES. THE MUSIC CENTER EXPENSES THESE PURCHASES AS THEY ARE INCURRED. CAPITAL EXPENSES IN 2020-21 CONSISTED OF DEBT SERVICE RELATED TO THE MARK TAPER FORUM RENOVATION, AMORTIZATION OF CONTRACT ACQUISITION COSTS AND VARIOUS CAPITAL IMPROVEMENTS ACROSS THE MUSIC CENTER CAMPUS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rachel S Moore President & CEO | OfficerTrustee | 35 | $947,794 |
Howard Sherman Executive Vp, COO | Officer | 35 | $341,971 |
Valentine Gelman Sr. VP Development | Officer | 35 | $260,925 |
Bonnie Goodman Sr. VP Marketing | 35 | $255,231 | |
William Taylor Sr. VP Fin/cfo & Assist. Trer. | Officer | 35 | $254,787 |
Mary J Ramirez Executive VP Of Tmc Arts | Officer | 35 | $237,868 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Abm Onsite Services-west Inc Housekeeping | 6/29/21 | $2,255,460 |
Cdk Productions Production | 6/29/21 | $731,888 |
Rue 47 Llc Director | 6/29/21 | $681,060 |
Mj Hellmuth Plumbing Inc Plumbing | 6/29/21 | $582,857 |
Specialized Elevator Corporation Maintenance | 6/29/21 | $420,585 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $340,677 |
All other contributions, gifts, grants, and similar amounts not included above | $41,906,887 |
Noncash contributions included in lines 1a–1f | $1,268,371 |
Total Revenue from Contributions, Gifts, Grants & Similar | $42,247,564 |
Total Program Service Revenue | $32,255,331 |
Investment income | $1,022,068 |
Tax Exempt Bond Proceeds | $361 |
Royalties | $8,939 |
Net Rental Income | $422,115 |
Net Gain/Loss on Asset Sales | -$5,353 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $76,131,684 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $652,061 |
Grants and other assistance to domestic individuals. | $108,962 |
Grants and other assistance to Foreign Orgs/Individuals | $300 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,424,647 |
Compensation of current officers, directors, key employees. | $1,510,210 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $13,605,826 |
Pension plan accruals and contributions | $962,904 |
Other employee benefits | $1,522,524 |
Payroll taxes | $1,151,461 |
Fees for services: Management | $0 |
Fees for services: Legal | $362,669 |
Fees for services: Accounting | $125,888 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $57,107 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $2,193,361 |
Advertising and promotion | $320,636 |
Office expenses | $717,733 |
Information technology | $308,757 |
Royalties | $0 |
Occupancy | $0 |
Travel | $27,333 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,747 |
Interest | $593,995 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $477,680 |
Insurance | $1,122,094 |
All other expenses | $783,474 |
Total functional expenses | $43,759,707 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $52,889 |
Savings and temporary cash investments | $23,432,758 |
Pledges and grants receivable | $38,213,919 |
Accounts receivable, net | $2,355,293 |
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 | $548,946 |
Net Land, buildings, and equipment | $716,168 |
Investments—publicly traded securities | $0 |
Investments—other securities | $42,075,060 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $39,132,374 |
Total assets | $146,527,407 |
Accounts payable and accrued expenses | $9,702,468 |
Grants payable | $0 |
Deferred revenue | $2,975,339 |
Tax-exempt bond liabilities | $18,486,390 |
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 | $8,628,248 |
Total liabilities | $39,792,445 |
Net assets without donor restrictions | $8,939,487 |
Net assets with donor restrictions | $97,795,475 |
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 | $146,527,407 |
Over the last fiscal year, Performing Arts Center Of Los Angeles County has awarded $652,061 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
Los Angeles, CA PURPOSE: GENERAL OPERATING ASSISTANCE AND GRANT | $238,250 |
Los Angeles, CA PURPOSE: GENERAL OPERATING ASSISTANCE | $165,594 |
Los Angeles, CA PURPOSE: GENERAL OPERATING ASSISTANCE | $165,594 |
Los Angeles, CA PURPOSE: GENERAL OPERATING ASSISTANCE AND GRANT | $82,623 |
Over the last fiscal year, we have identified 1 grants that Performing Arts Center Of Los Angeles County has recieved totaling $3,500.
Awarding Organization | Amount |
---|---|
Eugene And Marilyn Stein Family Foundation La Canada, CA PURPOSE: ANNUAL FUND | $3,500 |
Organization Name | Assets | Revenue |
---|---|---|
Segerstrom Center For The Arts Costa Mesa, CA | $493,213,588 | $84,488,930 |
Performing Arts Center Of Los Angeles County Los Angeles, CA | $146,527,407 | $76,131,684 |
Friends Of The Cultural Center Inc Palm Desert, CA | $48,047,897 | $20,407,526 |
The Smith Center For The Performing Arts Las Vegas, NV | $427,449,516 | $12,755,870 |
Luther Burbank Memorial Foundation Santa Rosa, CA | $31,726,314 | $16,161,291 |
Intersection For The Arts San Francisco, CA | $6,218,196 | $5,728,383 |
Santa Barbara Center For The Performing Arts Inc Santa Barbara, CA | $116,344,118 | $4,620,233 |
Lobero Theatre Foundation Santa Barbara, CA | $11,390,447 | $5,213,777 |
Paramount Theatre Of The Arts Inc Oakland, CA | $15,083,800 | $5,039,030 |
Irvine Barclay Theatre Operating Co Irvine, CA | $4,871,316 | $3,311,778 |
Mainly Mozart Inc San Diego, CA | $792,070 | $2,395,556 |
Gallo Center For The Arts Inc Modesto, CA | $40,396,474 | $2,412,473 |