Elemental Music FY2024 filing

Tax-deductible

Santa Monica, CA501(c)(3)Arts & CultureEIN 27-3274582Revenue $1.1M in FY2024

On file with the IRSelementalmusic.org1906 Olympic Blvd, 90404-3816 · Santa Monica, CATax-exempt since Nov 2010Publicly supported charity — 170(b)(1)(A)(vi)

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To provide Music education to students in los angeles county. Elemental Music provided 13. Programs, served 648 students who performed in 25 live performances throughout the season.

501(c)(3) charity; gifts are tax-deductible.
67¢ of each $1 spent went to programs.
$112K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2024 · Form 990Independent: 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
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 surplus $9K a year · 1% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
67%
of spending
Fine: 67% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$112K
to officers and key staff · 10% of spending
Looks good: pay to officers and key staff is 10% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
4 mo
of spending, in cash
Looks good: 4.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
11
named funders · $190K
Looks good: 11 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$293K
46% of total assets
Looks good: liabilities are 46% of assets; 50% or less.
Pt X · Ln 26
Independent board members
9
of 9 voting members
Looks good: 9 of 9 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.1M
-9% vs prior year
Spent
$1.1M
To programs
67%
Net assets
$340K
By yearFY2021–FY2025
Revenue
$1.1M
FY2024▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2021$475K
FY2022$702K
FY2023$1.2M
FY2024$1.1M
FY2025$1.2M
Expenses
$1.1M
FY2024▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2021$502K
FY2022$675K
FY2023$1.0M
FY2024$1.1M
FY2025$1.3M
Net assets
$340K
FY2024▼ -7%
Tap a bar for its year
Net assets by fiscal year
FY2021$202K
FY2022$230K
FY2023$368K
FY2024$340K
FY2025$167K

From the FY2024 Form 990 (year ending June 2024) · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2010.

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

Where the money goes

67 cents of each dollar spent went to programs.

Program services 67% · $729K Management & general 25% · $275K Fundraising 8% · $88K

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

12 people listed on the 990; $112K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
Executive Director
$112,000Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Josephine Moerschel’s $125K as Executive & Artistic Director is at the 52nd percentile of top reported officer pay among 3924 $1–10M 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

NameFY2025FY2024FY2023
Josephine Moerschel$125,475$112,000$102,604

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 Elemental Music executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Offers music education to Los Angeles County students, culminating in live performances.

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Provided by the organization

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3 programs · $149K · in their own filed words · FY2023
01

Elemental strings our original ensemble program provides string students in grades 3 through 5 with weekly instruction. In-person instruction took place weekly from late september through late may, and children performed in 3 concerts, in december, march and may. Enrollment for the 2023-2024 season was 52 students.

$77Kprogram expense
02

Elemental bandour concert band program for 3RD through 5TH grade students was launched in 2013. In-person instruction took place from late september through late may, and children performed in 3 concerts, in december, march, and late may. Total enrollment for the 2023-2024 season was 27 students.

$41Kprogram expense
03

Prelude program our beginning string program provides students with a thorough foundation and prepares them for participation in elemental strings in the future. In-person instruction took place weekly from late september through late may, and children performed in 3 concerts, in december, march, and may.

$30Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 11 funders →

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$1.1M
Ln 12
Gifts and grantsLn 1h$560K
Fees for servicesLn 2g$492K
Investment incomeLn 3$8K
Money outPt IX
$1.1M
Ln 25
Programscol B$729K
Managementcol C$275K
Fundraisingcol D$88K
Owns and owesPt X
$340K
net assets · Ln 32
Cash and savingsLn 1–2$361K
Total assetsLn 16$633K
LiabilitiesLn 26$293K
PeoplePt VI, VII
12
listed · VII A
PaidVII A1
Voting boardVI 1a9
IndependentVI 1b9
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$560K
Government grantsLn 1e$136K
Noncash giftsLn 1g$27K
Fundraising eventsLn 1c$90K
Fees for servicesLn 2g$492K
Investment incomeLn 3$8K
Total revenueLn 12$1.1M
Assets in detailPt X, end of year
CashLn 1$143K
SavingsLn 2$218K
Cash and savings togetherLn 1–2$361K
Land, buildings, equipmentLn 10c$82K
Other assetsLn 15$30K
Total assetsLn 16$633K
LiabilitiesLn 26$293K
Net assetsLn 32$340K
OperationsPt I, VI
EmployeesI 554
VolunteersI 690
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$334K$361K
Land, buildings, equipmentLn 10c$82K
Total assetsLn 16$581K$633K
LiabilitiesLn 26$214K$293K
Net assetsLn 32$368K$340K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$182K$45K$92K$45K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$10K$10K
Other employee benefitsLn 9$3K$3K
Payroll taxesLn 10$68K$68K
Management feesLn 11a$22K$22K
Legal feesLn 11b$100$100
Accounting feesLn 11c$4K$4K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$577K$548K$10K$19K
Advertising and promotionLn 12$0
Office expensesLn 13$57K$9K$24K$24K
Information technologyLn 14$11K$11K
RoyaltiesLn 15$0
OccupancyLn 16$116K$109K$7K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$6K$6K
InsuranceLn 23$15K$11K$4K
Other expenses (24a–d)Ln 24$19K$7K$12K
All other expensesLn 24e$2K$2K
Total functional expensesLn 25$1.1M$729K$275K$88K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.2M$1.3M−$61K$167K 990 PDF
FY2024 Viewing $1.1M$1.1M−$33K$340K 990 PDF
FY2023 $1.2M$1.0M$140K$368K 990 PDF
FY2022 $702K$675K$27K$230K 990 PDF
FY2021 $475K$502K−$27K$202K 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
See the full FY2024 990 (6 parts)
Part I · Summary $1,060,340 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $509,096$559,987
I-9 Program service revenuePrior year $427,418$492,353
I-10 Investment incomePrior year $289$8,000
I-11 Other revenuePrior year $223,692$0
I-12 Total revenuePrior year $1,160,495$1,060,340
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $232,676$262,333
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $788,079$830,741
I-18 Total expensesPrior year $1,020,755$1,093,074
I-19 Revenue less expensesPrior year $139,740−$32,734
Part VI · Governance 9 of 9 board members independent, no flags
VI-1a Voting members of the governing body9
VI-1b Independent voting members9
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $1,060,340 across 8 lines filed
VIII-1c Fundraising events$90,101
VIII-1e Government grants$136,118
VIII-1f All other contributions, gifts and grants$333,768
VIII-1g Noncash contributions (included above)$26,875
VIII-1h Total contributions, gifts and grants$559,987
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)$492,353
VIII-3 Investment income$8,000
VIII-12 Total revenue$1,060,340
Part IX · Statement of functional expenses $1,093,074 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffPrograms $44,800 · Management $92,400 · Fundraising $44,800$182,000
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributionsManagement $9,949$9,949
IX-9 Other employee benefitsManagement $2,591$2,591
IX-10 Payroll taxesManagement $67,793$67,793
IX-11a Management feesManagement $22,500$22,500
IX-11b Legal feesManagement $100$100
IX-11c Accounting feesManagement $4,300$4,300
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $548,438 · Management $9,523 · Fundraising $19,276$577,237
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $8,765 · Management $24,296 · Fundraising $24,390$57,451
IX-14 Information technologyManagement $10,938$10,938
IX-15 Royalties$0
IX-16 OccupancyPrograms $109,118 · Management $6,551$115,669
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationManagement $6,335$6,335
IX-23 InsurancePrograms $10,981 · Management $3,895$14,876
IX-24 Other expenses (24a–d)Programs $7,078 · Management $12,051$19,129
IX-24e All other expensesManagement $2,206$2,206
IX-25 Total functional expensesPrograms $729,180 · Management $275,428 · Fundraising $88,466$1,093,074
Part X · Balance sheet $633,382 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $136,647$142,778
X-2 Savings and temporary cash investmentsStart of year $196,901$218,120
X-4 Accounts receivableStart of year $99,553$160,593
X-10c Land, buildings and equipment, net$82,391
X-15 Other assetsStart of year $148,168$29,500
X-16 Total assetsStart of year $581,269$633,382
X-19 Deferred revenueStart of year $213,698$292,984
X-26 Total liabilitiesStart of year $213,698$292,984
X-27 Net assets without donor restrictionsStart of year $367,571$217,106
X-28 Net assets with donor restrictions$123,292
X-32 Total net assets or fund balancesStart of year $367,571$340,398
X-33 Total liabilities and net assetsStart of year $581,269$633,382
Part XI · Reconciliation of net assets $340,398 net assets at year end
XI-1 Total revenue$1,060,340
XI-2 Total expenses$1,093,074
XI-3 Revenue less expenses−$32,734
XI-4 Net assets at start of year$367,571
XI-5 Net unrealized gains (losses) on investments$5,561
XI-10 Net assets at end of year$340,398

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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