LA JOLLA MUSIC SOCIETY Charity Report

Public IRS 990 nonprofit record

LA JOLLA MUSIC SOCIETY

EIN 23-7148171 · Arts, Culture & Humanities (A6C0)

What they do

to ENHANCE CULTURAL LIFE and ENGAGEMENT BY PRESENTING and PRODUCING A WIDE RANGE of PROGRAMMING of THE HIGHEST ARTISTIC QUALITY, and to MAKE THE CONRAD PREBYS PERFORMING ARTS CENTER A VIBRANT and INCLUSIVE HUB.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $68.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders40 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

63.49%of revenue went to mission work68.9% of expenses · Program services

14.83%of revenue went to fundraising16.1% of expenses

$92.15spent for every $100 of revenueRevenue covered expenses this year.

13.83%of revenue went to management and office costs15.0% of expenses

$7.90in assets for every $1 spent this yearSome assets cannot be spent right away.

68.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $319,195 for TODD SCHULTZ (PRESIDENT & CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$12,057,457

Mission workProgram services$7,655,43963.49% of revenue68.9% of expenses

ManagementOffice and general costs$1,667,10513.83% of revenue15.0% of expenses

FundraisingAsking for donations$1,787,82514.83% of revenue16.1% of expenses

Revenue left after expensesReported annual surplus$947,0887.85% of revenueShown in gray on the chart

Total expenses$11,110,36992.15% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 68.9% mission · 15.0% management · 16.1% fundraisingTotal expenses: 92.15% of revenue

2023Expense mix: 67.3% mission · 16.7% management · 16.0% fundraisingTotal expenses: 121.73% of revenue

2022Expense mix: 80.3% mission · 10.0% management · 9.7% fundraisingTotal expenses: 106.39% of revenue

2021Expense mix: 80.7% mission · 10.2% management · 9.1% fundraisingTotal expenses: 85.77% of revenue

2020Expense mix: 74.2% mission · 15.1% management · 10.7% fundraisingTotal expenses: 114.96% of revenue

2019Expense mix: 81.3% mission · 11.7% management · 7.0% fundraisingTotal expenses: 97.75% of revenue

2018Expense mix: 77.5% mission · 9.7% management · 12.8% fundraisingTotal expenses: 23.80% of revenue

2017Expense mix: 74.3% mission · 12.3% management · 13.4% fundraisingTotal expenses: 36.86% of revenue

Money in and money out

Revenue$12,057,457

Expenses$11,110,369

Annual surplus $947,088 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,655,439 · 68.9% of expenses

Management and office costs$1,667,105 · 15.0% of expenses

Fundraising$1,787,825 · 16.1% of expenses

See all reported dollar amounts

Revenue$12,057,457

Expenses$11,110,369

Assets$87,727,895

Income$13,062,175

Contributions$8,246,815

Mission work (program services)$7,655,439

Fundraising$1,787,825

Management and general$1,667,105

Executive compensation (total)$181,277

Stocks and bonds$17,993,688

Accounting fees$57,538

Investing fees$80,280

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

TODD SCHULTZPRESIDENT & CEO · 40 hrs/week $319,195Base $298,844 · Other $20,351

LEAH ROSENTHALARTISTIC DIRECTOR · 40 hrs/week $157,746Base $146,579 · Other $11,167

TOM JONESDIRECTOR OF OPERATIONS · 40 hrs/week $148,902Base $138,442 · Other $10,460

FERDINAND GASANGDIRECTOR OF DEVELOPMENT · 40 hrs/week $148,755Base $136,256 · Other $12,499

ALLISON BOLESDIRECTOR OF LEARNING & ENGAGEMENT · 40 hrs/week $128,283Base $118,884 · Other $9,399

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (40)

TODD SCHULTZPRESIDENT & CEO

LEAH ROSENTHALARTISTIC DIRECTOR

TOM JONESDIRECTOR OF OPERATIONS

FERDINAND GASANGDIRECTOR OF DEVELOPMENT

ALLISON BOLESDIRECTOR OF LEARNING & ENGAGEMENT

STACY ROSENBERGSECRETARY

NANCY LINKE-PATTONDIRECTOR

PETER COOPERDIRECTOR

PETER WAGENERDIRECTOR

RIC CHARLTONDIRECTOR

RICHARD NORLINGDIRECTOR

SHARON COHENDIRECTOR

SHERYL SCARANODIRECTOR

MARLA BINGHAMDIRECTOR

STEPHANIE STONEDIRECTOR

STEPHEN GAMPDIRECTOR

STEVE BAUMDIRECTOR

SUSAN HOEHNDIRECTOR

SUSAN MAJORDIRECTOR

SYLVIA REDIRECTOR

THOMAS RASMUSSENDIRECTOR

VIVIAN LIMCHAIR

DIANA LOMBROZODIRECTOR

ANN DYNESDIRECTOR

ARMAN ORUCDIRECTOR

BEBE ZIGMANDIRECTOR

BERT CORNELISONVICE-CHAIR

DAVID BELANICHDIRECTOR

DAVID KABAKOFFDIRECTOR

DEBBY FISHBURNDIRECTOR

DEBRA TURNERDIRECTOR

MARY ELLEN CLARKTREASURER

ELEANOR CHARLTONDIRECTOR

ELLISE COITDIRECTOR

JENNIFER EVEDIRECTOR

JOHN HESSELINKDIRECTOR

LEHN GOETZDIRECTOR

LIQUN WANGDIRECTOR

LISE WILSONDIRECTOR

MARGE SCHMALEDIRECTOR

About this charity

Recognized since: January 1971
Location: 7600 FAY AVE, LA JOLLA, CA 92037-4841
County: San Diego
In care of: TODD SCHULTZ
Primary officer: TODD SCHULTZ, PRESIDENT & CEO

How to reach them

WebsiteVisit the charity’s website Phone(858) 459-3724

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Arts, Culture & Humanities (A6C0)
IRS tax category: Musical Groups and Artists