MUSIC CENTER FOUNDATION

EIN 237298290 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

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DAF assets
$11.35M
at fiscal year end
Grants out
$555K
from DAF accounts
Contributions in
$125K
received into DAFs
Payout rate
4.9%
median is 12.5%
Accounts
15
funds held at year end
Average account
$756K
assets per fund

At 4.9%, this sponsor granted less than the 5% a private foundation is legally required to distribute, and paid out about one third of the 12.5% median for sponsors holding more than $10 million.

DAF assets by year

$8.4M
FY2019
$11.6M
FY2020
$11.3M
FY2021
$10.2M
FY2022
$11.3M
FY2023

Grants paid by year

$466K
FY2019
$482K
FY2020
$499K
FY2021
$535K
FY2022
$555K
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 25 grant lines totalling $65.0M across 2019–2024 — $2.6M per line.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Los Angeles Philharmonic AssociationEIN 951696734 CA$38.1M
Performing Arts Center of Los Angeles CountyEIN 952217011 CA$9.2M
Center Theatre Group of Los AngelesEIN 952466183 CA$8.7M
Los Angeles Opera CompanyEIN 952096402 CA$7.5M
Los Angeles Master Chorale AssnEIN 952315682 CA$1.6M

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.