Adopt the Arts Foundation

Tax-deductible

Agoura Hills, CA501(c)(3)Arts & CultureEIN 80-0671089

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To provide music education to our pilot school - rosewood elementary

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

Before you give

FY2025 · Form 990-EZIndependent: 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-EZ
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 4
filings with a surplus
Average surplus $34K a year · 11% of revenue · last 4 filings
Worth a look: a surplus in 1 of the last 4 filings.
Pt I · Ln 19 · 4 filings
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$0
-100% vs prior year
Net assets
$280K
By yearFY2020–FY2025
Revenue
$0
FY2025▼ -100%
Revenue by fiscal year
FY2020$248K
FY2021$197K
FY2022$103K
FY2023$479K
FY2024$337K
FY2025$0
Expenses
—
FY2025
Expenses by fiscal year
FY2020$324K
FY2021$268K
FY2022Not on file
FY2023$164K
FY2024$369K
FY2025Not on file
Net assets
$280K
FY2025▼ -2%
Net assets by fiscal year
FY2020$96K
FY2021$13K
FY2022$4K
FY2023$318K
FY2024$287K
FY2025$280K

From the FY2025 Form 990 · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2012.

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

Who runs it and what they're paid

4 people listed on the 990-EZ.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Co-Exe Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Matt Sorum’s $84K as Co-Exe Director is at the 98th percentile of top reported officer pay among 250 <$100K 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 · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Matt Sorum$84,000$14,000$10,000——
Abigail Berman———$71,000$42,578
Abigail Berman——$49,550——
Matt Sorum———$43,000$38,500

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.

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Programs and updates

Offers music education to Rosewood Elementary School students.

Provided by the organization

This section is blank until Adopt the Arts Foundation claims this page.

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1 program service account for $368K of program spending, described in the organization's own filed words · FY2024.
01

Providing music programs and education to 300 students along with curriculum development to scale programs to additional schools.

$368Kprogram expense

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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
Total grants receivedfrom 1 funder$25K

By the numbers

The FY2025 990-EZ, line by line.

1The main four
Money in
$0
Owns and owes
$280K
net assets
People
4
listed
Paid0
2In more detail
Revenue in detail
Total revenue$0
Assets in detailEnd of year
Net assets$280K
Operations
Employees0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $0$280K 990 PDF
FY2024 $337K$369K−$32K$287K 990 PDF
FY2023 $479K$164K$315K$318K 990 PDF
FY2022 $103K$4K 990 PDF
FY2021 $197K$268K−$71K$13K 990 PDF
FY2020 $248K$324K−$76K$96K 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) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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Keep this kind of thing free
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