GRAMMY MUSEUM FOUNDATION INC

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

2007

Legal Domicile

Principal Officer

MICHAEL STICKA

Phone

2137656800

Tax Period

2024-08-01 to 2025-07-31

GRAMMY MUSEUM FOUNDATION INC, founded in 2007, is a mid-sized nonprofit in the Arts, Culture & Humanities sector that reported $15.0M in total revenue in fiscal year 2024. Revenue decreased 10% compared to the prior year. Expenses of $17.9M exceeded revenue, resulting in a 19% operating deficit.

Mission

THE GRAMMY MUSEUM IS A NONPROFIT ORGANIZATION DEDICATED TO CELEBRATING AND EXPLORING MUSIC FROM YESTERDAY AND TODAY TO INSPIRE THE MUSIC OF TOMORROW THROUGH EXHIBITS, EDUCATION, GRANTS, PRESERVATION INITIATIVES, AND PUBLIC PROGRAMMING. PAYING TRIBUTE TO OUR COLLECTIVE MUSICAL HERITAGE, THE MUSEUM VALUES AND CELEBRATES THE DYNAMIC CONNECTION IN PEOPLE'S DIVERSE BACKGROUNDS, TELLING THE STORIES THAT INSPIRE US, AND CREATIVE EXPRESSION THAT LEADS CHANGE IN OUR INDUSTRY.

Program Service Accomplishments

Program 1

Expenses: $9,373,267 Revenue: $1,170,517

GENERAL ADMISSIONS: MAINTAINING AND OPERATING THE GRAMMY MUSEUM TO PROVIDE A ONE-OF-A-KIND EXPERIENCE FOR THE PUBLIC THAT PROMOTES THE CREATIVE PROCESS, THE HISTORY OF MUSIC AND THE GRAMMY AWARDS, AS...

Program 2

Expenses: $4,478,474 Revenue: $2,161,859

PUBLIC PROGRAMS AND EDUCATION: THE GRAMMY MUSEUM HOSTS A WIDE RANGE OF PUBLIC PROGRAMS IN THE MUSEUM'S SOUND STAGE THEATRE AND THROUGHOUT THE LA LIVE CAMPUS, WHERE THE GRAMMY MUSEUM IS LOCATED AS...

PUBLIC PROGRAMS AND EDUCATION: THE GRAMMY MUSEUM HOSTS A WIDE RANGE OF PUBLIC PROGRAMS IN THE MUSEUM'S SOUND STAGE THEATRE AND THROUGHOUT THE LA LIVE CAMPUS, WHERE THE GRAMMY MUSEUM IS LOCATED AS WELL AS VIRTUAL PROGRAMS. PROGRAMS INCLUDE ARTISTS INTERVIEWS, LIVE PERFORMANCES, FILM SERIES, LECTURES, ARTIST-IN-RESIDENCE PROGRAMS, CONTINUING EDUCATION CLASSES, TOWN HALL MEETINGS, SPECIAL CONCERT SERIES, RECORD LABEL SHOWCASES, AND CURATORIAL-RELATED PROGRAMS. ALL PROGRAMS ARE RECORDED FOR ARCHIVAL PURPOSES TO SHARE WITH THE PUBLIC. THE GOAL OF THE GRAMMY MUSEUM'S EDUCATION PROGRAM IS TO EDUCATE AND INSPIRE, THROUGH EXPOSURE TO ALL MUSIC AND THE CREATIVE PROCESS, ALL VISITORS BUT MOST SPECIFICALLY SCHOOL GROUPS AND FAMILIES. THE PROGRAMS INCLUDE TEACHER WORKSHOPS, MUSEUM TOURS, SEMINARS, SYMPOSIA, MASTER MUSIC CLASSES, MENTORING PROGRAMS, MUSIC FORUMS, SCHOOL OUTREACH AND MUSICAL DEMONSTRATIONS, CAMPS, AND SATURDAY FAMILY PROGRAMS.

Program 3

Expenses: $211,391 Revenue: $291,092

CURATORIAL SERVICES: SERVICES PROVIDED ON SETTING UP AND MAINTAINING TRAVELING EXHIBITS, WHICH WERE CONSTRUCTED FOR THE GRAMMY MUSEUM DURING THE YEAR OR A PRIOR PERIOD, AND THEN TRANSPORTED TO AND...

CURATORIAL SERVICES: SERVICES PROVIDED ON SETTING UP AND MAINTAINING TRAVELING EXHIBITS, WHICH WERE CONSTRUCTED FOR THE GRAMMY MUSEUM DURING THE YEAR OR A PRIOR PERIOD, AND THEN TRANSPORTED TO AND SET-UP TEMPORARILY IN ANOTHER MUSEUM-TYPE LOCATION. SERVICES ALSO PROVIDED IN ASSISTING THIRD PARTIES IN PROMOTING MUSIC EDUCATION AND DEVELOPMENT OUTSIDE THE GRAMMY MUSEUM'S LOCATION IN LOS ANGELES, CALIFORNIA.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $9,460,900

Program Service Revenue $3,469,869

Investment Income $341,722

Other Revenue $1,696,777

TOTAL REVENUE $14,969,268

Expense Breakdown

Grants Paid $271,500

Salaries & Benefits $6,775,217

Fundraising Expenses $1,535,888

Program Expenses $14,063,132

Other Expenses $10,804,610

TOTAL EXPENSES $17,851,327

Year-over-Year Comparison

	2024	2023	Change
Revenue	$14,969,268	$16,655,780	-0.1%
Expenses	$17,851,327	$17,334,940	+0.0%
Net Income	$-2,882,059	$-679,160	+3.2%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$930,195

Total Directors

Key Employees

$321,054

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN BURK	VICE CHAIR	0.20	Officer Director	$0	$0	$0
MICHAL KATZ	TREASURER / SECRETARY	0.20	Officer Director	$0	$0	$0
TIM BUCHER	CHAIR	0.20	Officer Director	$0	$0	$0
BRANDEN CHAPMAN	BOARD MEMBER	0.20	Director	$0	$0	$0
BRENDA ROBINSON	BOARD MEMBER	0.20	Director	$0	$0	$0
BRIAN HOESTEREY	BOARD MEMBER	0.20	Director	$0	$0	$0
DAN BECKERMAN	BOARD MEMBER	0.20	Director	$0	$0	$0
DAVID WU	BOARD MEMBER	0.20	Director	$0	$0	$0
DAVID WEBSTER	BOARD MEMBER (THRU 7/31/25)	0.20	Director	$0	$0	$0
HARVEY MASON JR	BOARD MEMBER	0.20	Director	$0	$0	$0
JAMES JIMMY JAM HARRIS	BOARD MEMBER	0.20	Director	$0	$0	$0
JON HARRIS	BOARD MEMBER	0.20	Director	$0	$0	$0
KEN EHRLICH	BOARD MEMBER	0.20	Director	$0	$0	$0
LINDA DUNCOMBE	BOARD MEMBER	0.20	Director	$0	$0	$0
MATTIE MCFADDEN-LAWSON	BOARD MEMBER	0.20	Director	$0	$0	$0
PAMELA ALEXANDER	BOARD MEMBER	0.20	Director	$0	$0	$0
RAY SILVA	BOARD MEMBER (THRU 7/31/25)	0.20	Director	$0	$0	$0
TAMMY HURT	BOARD MEMBER	0.20	Director	$0	$0	$0
TODD GOLDSTEIN	BOARD MEMBER	0.20	Director	$0	$0	$0
WELLINGTON CHEN	BOARD MEMBER	0.20	Director	$0	$0	$0
MICHAEL STICKA	PRESIDENT & CEO	40.00	Officer	$584,163	$25,865	$610,028
HILARY FAHLSING	CHIEF FINANCIAL & OPERATING OFFICER	40.00	Officer	$266,288	$53,879	$320,167
RITA GEORGE	CHIEF PROGRAM OFFICER	40.00	Key Emp	$294,695	$26,359	$321,054
JASEN EMMONS	CHIEF CURATOR & VP OF CURATORIAL AFFAIRS	40.00	Highest	$221,249	$36,516	$257,765
LYNNE OKIN	SENIOR VICE PRESIDENT, PUBLIC PROGRAMS &ARTIST REL	40.00	Highest	$225,105	$29,159	$254,264
ASHLEY STAGG	DIRECTOR, DIGITAL MEDIA	40.00	Highest	$160,007	$44,569	$204,576
WENDY MURPHY	SR DIRECTOR, GUEST EXPERIENCE	40.00	Highest	$163,069	$29,341	$192,410
DANNY LOPEZ	SR. DIRECTOR, FINANCE & ADMINISTRATION	40.00	Highest	$156,888	$13,961	$170,849

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$14,969,268	$17,851,327	$24,113,927	$-2,882,059
2024	$16,655,780	$17,334,940	$27,713,392	$-679,160
2023	$14,069,066	$16,482,426	$31,062,726	$-2,413,360
2022	$15,075,768	$14,879,913	$17,463,845	$195,855
2021	$9,757,476	$11,707,035	$19,726,049	$-1,949,559
2020	$14,058,708	$16,382,448	$20,528,171	$-2,323,740
2019	$15,987,019	$16,986,761	$21,393,794	$-999,742
2018	$12,807,736	$15,627,939	$23,316,793	$-2,820,203