The Music Guild

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 956058359 ✦ Los angeles, CA ✦ Designated as a 501(c)(3)

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Overview

What is The Music Guild?

The Music Guild, situated in Los Angeles, California, serves as a distinguished nonprofit organization. Despite the challenges posed by the COVID-19 pandemic, it has managed to showcase six outstanding chamber music ensembles. In addition to its concert series, The Music Guild is dedicated to providing essential musical instruments, such as pianos, to schools, students, and churches at no cost. This philanthropic work aligns with its mission to promote chamber music, offering concerts in various settings and educational institutions, as well as master classes for college students. The organization's commitment to music extends beyond performances, as it also offers instruments to senior living facilities and individuals affected by Alzheimer's disease. With a small team of just two employees, The Music Guild demonstrates the power of music in enriching lives and communities.


Official website here: www.themusicguild.org

Is The Music Guild legitimate?

The Music Guild is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Music Guild submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.themusicguild.org

What is the mission statement of The Music Guild?

The Music Guild's mission is centered around showcasing exceptional chamber music performances with renowned ensembles. They extend their activities beyond concert halls, presenting programs in schools, offering master classes for college students, and organizing concerts for various audiences, including seniors and individuals with Alzheimer's in residential facilities. Moreover, the organization is committed to providing musical instruments, specifically pianos and others, to schools and individual students, as well as churches, free of charge. This initiative aims to foster a wider appreciation and accessibility to music education and performance.


Official website here: www.themusicguild.org

What is the revenue of The Music Guild?

The Music Guild's revenue in 2024 was $124,660.


Official website here: www.themusicguild.org

Who are the executives of The Music Guild and what are their salaries?

The average compensation at The Music Guild during 2024 was $35,225. There are 2 employees and 4 volunteers at The Music Guild.

Here are 6 key members and their salaries:


Eugene Golden (Secretary/Director)
  • Compensation: $48,000
  • Related: $0
  • Other: $0
Leslie Eber Md (Vice-President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Sloan Md (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie M Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Vestal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adele Shapiro (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.themusicguild.org

Where can I find the form 990EZ for The Music Guild?

The Music Guild's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.themusicguild.org

Learn more at the official website: www.themusicguild.org

Mission Statement of The Music Guild

The Music Guild, a distinguished organization, is dedicated to two primary objectives. Firstly, it aims to showcase exceptional chamber music performances by renowned ensembles in various settings, including public and private schools, colleges, and senior living facilities. Secondly, The Music Guild is committed to providing pianos and other musical instruments, free of charge, to both public and private schools and individual students, as well as churches. This philanthropic initiative ensures that music education and appreciation remain accessible to a wide range of learners and communities.

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Impact




October, 2024

The Music Guild significantly enriches the cultural landscape of Los Angeles by presenting exceptional chamber music series featuring renowned artists. This organization not only elevates the appreciation of music in the community but also directly supports education and outreach by providing pianos and other instruments to schools, churches, and individual music students at no cost. Amid challenges like the Covid-19 pandemic, The Music Guild successfully organized six premier chamber music performances, showcasing its resilience and dedication to the arts.

Through its concerts in public and private schools, master classes for college students, and performances for seniors and Alzheimer's patients in residential facilities, The Music Guild fosters musical engagement and education at various community levels. Its mission contributes to making quality music education accessible and promotes health and well-being within the community.




This information is meant to be a general summary of The Music Guild. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$124,660 (2024)
Expenses
$177,768 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $6,826
  • Program Service Revenue: $17,704
  • Gross Receipts: $124,660

Assets and Liabilities:

  • Total Assets: $380,701
  • Total Liabilities: $0
  • Net Assets: $380,701

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Sale of Tickets
0

Revenue

$15,224

Organization Details

Founding Year

1945

Principal Officer

Eugene Golden

NTEE Category

Code: A68 - Arts

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