Financial Information

  • 990 FYE 12/13 (PDF)
    MusiCares Foundation's Return of Organization Exempt from Income Tax filing with the Internal Revenue Service.
  • FY 12/13, 11/12 Audited Financial Statements (PDF)
    Financial information for MusiCares is reported on a fiscal year basis ending July 31. Investment Income reflects market gains of 410K in 2013 and market losses of $114K in 2012 .
  • 990 FY 11/12 (PDF)
    MusiCares Foundation's Return of Organization Exempt from Income Tax filing with the Internal Revenue Service.
  • FY 11/12, 10/11 Audited Financial Statements (PDF)
    Financial information for MusiCares is reported on a fiscal year basis ending July 31. Investment Income reflects market losses of $114K in 2012 and market gains of $313K in 2011. 
  • 990 FYE 10/11 (PDF)
    MusiCares' Foundation's Return of Organization Exempt from Income Tax filing with the Internal Revenue Service.
  • Financial Assistance (PDF)
    A graphical representation of MusiCares' financial assistance expenditures. 
  • IRS Determination Letter (PDF)
    IRS designation of MusiCares as a charitable organization under section 501(c)(3).

Each person who contacts MusiCares for assistance has a unique need. Some of our client situations may appear similar, but no two are alike. One person may call us with a medical condition, while the next call may be related to a substance abuse issue or a dental need. While all of our services are confidential, we strive to remain as transparent as possible and provide our donors and supporters with information regarding how many clients we are providing aid to on an annual basis and for what type of situation our dollars are being distributed.

Below are two graphs that outline to date how many clients we have assisted this fiscal year and how much funding has been distributed. The graphs show the top eight areas where clients most frequently need our assistance: basic living needs, dental care, substance abuse treatment, equipment replacement, funeral and burial costs, medical care, psychotherapy, and other needs.

Each area of the charts show the percentage of clients who reach out to us for one of the specific areas listed above and how much of our funding goes toward that specific category of need. As noted in the charts, some of the needs of our clients are much more costly than others. For example, substance abuse is expensive and MusiCares provides most of our substance abuse clients with the greatest care available — a 30-day inpatient stay at a treatment facility. Given how expensive it is to provide this type of care, we see a smaller percentage of clients for this issue, but do distribute a greater amount of resources to provide this care. On the opposite end of the spectrum, we have a large percentage of clients who come to us for dental needs or attend our dental clinics. The average cost for that care is much less than many of the other areas that we fund. Therefore, the percentage of clients receiving that type of assistance is greater than the percentage of dollars we distribute for that need.

We are fortunate at MusiCares to be able to cover such a wide range of needs for our clients and to do so in a manner that provides vital resources to each person who knocks on our door.

Total Assistance Granted, 2012–2013

Clients Assisted, 2012–2013