Fender Play Foundation FY2021 filing

Tax-deductible

Los Angeles, CA501(c)(3)Arts & CultureEIN 83-1018627Revenue $721K in FY2021

On file with the IRSfenderplayfoundation.org1575 N Gower St Ste 170, 90028-7179 · Los Angeles, CATax-exempt since Feb 2019Private non-operating foundation

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Fender Play Foundation's mission is to serve as a meaningful, sustainable catalyst for music education. The Foundation believes: a Philanthropy should be passionate and strategic The power of music can inspire and unite people across cultural borders c All children deserve access to high-quality music arts education and d Collaboration and diversity yield the greatest outcome. The Foundation focuses in efforts in six key areas: 1 INSTRUCTION Our focus is on fretted instruments including guitar, bass and ukulele. Programs provide everything required to teach and learn including Fender Play personal digital learning. In addition to instruments, we provide regular instrument service and ongoing support 2 PERFORMANCE Live music performance is when it all comes to life. Fender Play Foundation provides all the gear needed for relevant, modern musical performance 3 INSPIRATION We want to offer an elevated sense of belonging, support and commitment to students in our programs. R.A.I. Random Ac

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · 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
3 of 6
filings with a surplus
Average surplus $15K a year · 5% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
8 mo
of spending, in cash
Looks good: 7.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $5K
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$721K
-11% vs prior year
Spent
$564K
To programs
83%
Net assets
$363K
By yearFY2020–FY2025
Revenue
$721K
FY2021▼ -11%
Tap a bar for its year
Revenue by fiscal year
FY2020$810K
FY2021$721K
FY2022$216K
FY2023$74K
FY2024$8K
FY2025$279
Expenses
$564K
FY2021▼ -13%
Tap a bar for its year
Expenses by fiscal year
FY2020$645K
FY2021$564K
FY2022$86K
FY2023$253K
FY2024$24K
FY2025$166K
Net assets
$363K
FY2021▲ +77%
Tap a bar for its year
Net assets by fiscal year
FY2020$205K
FY2021$363K
FY2022$493K
FY2023$314K
FY2024$298K
FY2025$133K

From the FY2021 Form 990 · see the original

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You’re viewing the FY2021 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 Feb 2019.

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

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $466K Management & general 3% · $15K Fundraising 15% · $82K

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

15 people listed on the 990.

Part VII, Section A · reportable compensation
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
See Fender Play Foundation 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 15aNo

Programs and updates

Provides fretted instruments and digital lessons for music education.

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Provided by the organization

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1 program · $466K · in their own filed words · FY2021
01

The Foundation promotes childhood musical education by providing musical instruments and monetary funding to children in grades K-12, focusing specifically on schools and organizations with underserved populations. THE FOUNDATION WILL ALSO SUPPORT FOUNDATIONS AND OTHER PROGRAMS THAT SUPPORT MUSIC EDUCATION.

$466Kprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 2 funders$5K
Grants paid · 4 grants · $38K · 2025–2025
Individual RecipientFY2025$20,000
Boys and Girls ClubFY2025$7,500
Palm Springs Plaza Theatre FoundatiFY2025$7,000
Individual RecipientFY2025$3,481

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$721K
Ln 12
Gifts and grantsLn 1h$721K
Money outPt IX
$564K
Ln 25
Programscol B$466K
Managementcol C$15K
Fundraisingcol D$82K
Owns and owesPt X
$363K
net assets · Ln 32
Cash and savingsLn 1–2$359K
Total assetsLn 16$363K
LiabilitiesLn 26$0
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$721K
Gains on assetsLn 7$0
Total revenueLn 12$721K
Assets in detailPt X, end of year
CashLn 1$359K
SavingsLn 2$0
Cash and savings togetherLn 1–2$359K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$4K
Total assetsLn 16$363K
LiabilitiesLn 26$0
Net assetsLn 32$363K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$202K$359K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$0
Total assetsLn 16$205K$363K
LiabilitiesLn 26$0$0
Net assetsLn 32$205K$363K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$326K$326K
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$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$0
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$2K$2K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$80K$80K
Advertising and promotionLn 12$14K$9K$5K
Office expensesLn 13$7K$4K$3K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
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$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$132K$127K$3K$2K
All other expensesLn 24e$0
Total functional expensesLn 25$564K$466K$15K$82K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $279$166K−$166K$133K 990 PDF
FY2024 $8K$24K−$16K$298K 990 PDF
FY2023 $74K$253K−$179K$314K 990 PDF
FY2022 $216K$86K$130K$493K 990 PDF
FY2021 Viewing $721K$564K$158K$363K 990 PDF
FY2020 $810K$645K$165K$205K 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 FY2021 990 (6 parts)
Part I · Summary $721,442 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $809,616$721,442
I-9 Program service revenue$0
I-10 Investment income$0
I-11 Other revenue$0
I-12 Total revenuePrior year $809,616$721,442
I-13 Grants and similar amounts paidPrior year $613,408$326,325
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $31,267$237,214
I-18 Total expensesPrior year $644,675$563,539
I-19 Revenue less expensesPrior year $164,941$157,903
Part VI · Governance 6 of 6 board members independent, 3 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $721,442 across 8 lines filed
VIII-1f All other contributions, gifts and grants$721,442
VIII-1h Total contributions, gifts and grants$721,442
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenue$721,442
Part IX · Statement of functional expenses $563,539 across 31 lines filed
IX-1 Grants to domestic organizationsPrograms $326,325$326,325
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 staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$0
IX-11b Legal feesManagement $2,113$2,113
IX-11c Accounting feesManagement $1,850$1,850
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesFundraising $80,000$80,000
IX-12 Advertising and promotionPrograms $8,977 · Management $5,000$13,977
IX-13 Office expensesPrograms $4,200 · Management $2,892$7,092
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
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 amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Programs $126,679 · Management $3,003 · Fundraising $2,500$132,182
IX-24e All other expenses$0
IX-25 Total functional expensesPrograms $466,181 · Management $14,858 · Fundraising $82,500$563,539
Part X · Balance sheet $363,223 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $201,516$359,419
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivable$0
X-8 Inventories for sale or use$0
X-9 Prepaid expenses and deferred charges$0
X-10c Land, buildings and equipment, net$0
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assetsStart of year $3,804$3,804
X-16 Total assetsStart of year $205,320$363,223
X-26 Total liabilitiesStart of year $0$0
X-32 Total net assets or fund balancesStart of year $205,320$363,223
X-33 Total liabilities and net assetsStart of year $205,320$363,223
Part XI · Reconciliation of net assets $363,223 net assets at year end
XI-1 Total revenue$721,442
XI-2 Total expenses$563,539
XI-3 Revenue less expenses$157,903
XI-4 Net assets at start of year$205,320
XI-10 Net assets at end of year$363,223

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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