Omnipeace Foundation INC FY2020 filing

Tax-deductible

Los Angeles, CA501(c)(3)Since 2007Arts & CultureEIN 27-1900109Revenue $28K in FY2020

On file with the IRSomnipeace.com2934 1/2 N Beverly Glen Cir, 90077-1745 · Los Angeles, CATax-exempt since Jan 2011Publicly supported charity — 170(b)(1)(A)(vi)

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OmniPeace is one of the worlds leading international advocacy organizations on a mission to provide access to music for youth worldwide.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2020 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990-PF
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $10K a year · 4% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
990-PF Pt I · 5 filings
Cash reserves
1 mo
of spending, in cash
Fine: 1.2 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $128K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$127K
113% of total assets
Concern: liabilities are 113% of assets; over 80%.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$28K
Spent
$146K
Net assets
−$14K
By yearFY2020–FY2025
Revenue
$28K
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$28K
FY2021$123K
FY2022$225K
FY2023$361K
FY2024$243K
FY2025$417K
Expenses
$146K
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$146K
FY2021$99K
FY2022$265K
FY2023$235K
FY2024Not on file
FY2025$460K
Net assets
−$14K
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$14K
FY2021$9K
FY2022−$31K
FY2023$95K
FY2024Not on file
FY2025−$36K

From the FY2020 Form 990 · see the original

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Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jan 2011.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 0% · $250 Operating & administrative 100% · $146K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

Part VII, Section A · reportable compensation

Mary Fanaro’s $88K as President is at the 81st percentile of top reported officer pay among 2215 $100K–1M arts & culture nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2022
Mary Fanaro$87,861$30,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Omnipeace Foundation INC executive salaries →

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Programs and updates

Builds music schools in Africa, offering education to at-risk youth to escape poverty.

Questions for Omnipeace Foundation INC

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 1 grant · $250 · 2020–2020
Individual RecipientFY2020$250

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$250
Median grantPart XV$250
Largest grantPart XV$250

By the numbers

The FY2020 990-PF, line by line.

1The main four
Money in
$28K
Gifts and grants$28K
Money out
$146K
Grants paid$250
Running costs$146K
Owns and owes
−$14K
net assets
Cash and savings$15K
Total assets$113K
Liabilities$127K
2In more detail
Revenue in detail
Gifts and grants$28K
Total revenue$28K
Assets in detailEnd of year
Cash and savings together$15K
Total assets$113K
Liabilities$127K
Net assets−$14K
Operations
Employees0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $417K$460K−$42K−$36K 990 PDF
FY2024 $243K 990 PDF
FY2023 $361K$235K$126K$95K 990 PDF
FY2022 $225K$265K−$40K−$31K 990 PDF
FY2021 $123K$99K$23K$9K 990 PDF
FY2020 Viewing $28K$146K−$118K−$14K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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