NATIONAL ACADEMY OF RECORDING ARTS & SCIENCES INC

EIN: 956052058

SANTA MONICA, CA

Total Revenue
$107,077,320
Total Expenses
$121,759,027
Total Assets
$129,610,534
Net Assets
$80,741,091
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
DE
Principal Officer
HARVEY MASON JR
Phone
3103923777
Tax Period
2023-08-01 to 2024-07-31

NATIONAL ACADEMY OF RECORDING ARTS & SCIENCES INC, founded in 1987, is a major nonprofit that reported $107.1M in total revenue in fiscal year 2023. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $121.8M exceeded revenue, resulting in a 14% operating deficit.

Mission

OUR MISSION IS TO ADVANCE THE ARTS AND SCIENCES OF RECORDING AND TO FOSTER CREATIVE LEADERSHIP.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,891,094
Program Service Revenue $94,005,923
Investment Income $6,500,664
Other Revenue $4,679,639
TOTAL REVENUE $107,077,320

Expense Breakdown

Grants Paid $6,397,581
Salaries & Benefits $31,211,225
Fundraising Expenses $0
Other Expenses $84,150,221
TOTAL EXPENSES $121,759,027

Year-over-Year Comparison

2023 2022 Change
Revenue $107,077,320 $90,864,636 +0.2%
Expenses $121,759,027 $102,999,424 +0.2%
Net Income $-14,681,707 $-12,134,788 +0.2%
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

Sign In

Governance

Voting Members
42
Independent Members
40
Employees
215
Volunteers
500

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
2
$1,784,225
Total Directors
57
$0
Key Employees
3
$1,645,183
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALEX CHAVEZ TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
ANDREW JOSLYN TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
ANGELIQUE KIDJO TRUSTEE 1.00
Director
$0 $0 $0
ANNA FRICK AT-LARGE TRUSTEE 1.00
Director
$0 $0 $0
ASHLEY SHABANKAREH AT-LARGE TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
CHECHE ALARA AT-LARGE TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
CHRISTINE ALBERT CHAIR EMERITUS 5.00
Director
$0 $0 $0
CHUCK AINLAY TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
DANI DEAHL TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
DAVE GROSS TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
DONN THOMPSON MORELLI DONN T AT-LARGE TRUSTEE 1.00
Director
$0 $0 $0
DOUGLAS EMERY TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
DR CHELSEY GREEN VICE CHAIR 5.00
Director
$0 $0 $0
ERIC LILAVOIS TRUSTEE 1.00
Director
$0 $0 $0
ERIK GAINES TRUSTEE 1.00
Director
$0 $0 $0
EVAN BOGART TRUSTEE 1.00
Director
$0 $0 $0
FALU SHAH TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
FLETCHER FOSTER TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
GEBRE WADDELL SECRETARY/TREASURER 5.00
Director
$0 $0 $0
J IVY TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER BLAKEMAN AT-LARGE TRUSTEE 1.00
Director
$0 $0 $0
JENNIFER HANSON TRUSTEE 1.00
Director
$0 $0 $0
JESSICA THOMPSON TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
JOHN LEGEND TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
JONATHAN YIP AT-LARGE TRUSTEE 1.00
Director
$0 $0 $0
JORDAN HAMLIN AT-LARGE TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
JULIO BAGUE TRUSTEE 1.00
Director
$0 $0 $0
JUSTIN HENNY HENDERSON TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
KAT GRAHAM AT-LARGE TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
KEN SHEPHERD TRUSTEE 1.00
Director
$0 $0 $0
KENNARD GARRETT TRUSTEE 1.00
Director
$0 $0 $0
LARRY BATISTE TRUSTEE 1.00
Director
$0 $0 $0
LEDISI TRUSTEE 1.00
Director
$0 $0 $0
MARCELLA ARAICA AT-LARGE TRUSTEE 1.00
Director
$0 $0 $0
MARCUS BAYLOR TRUSTEE 1.00
Director
$0 $0 $0
MARIA EGAN AT-LARGE TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
MEKA NISM TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
MICHAEL ROMANOWSKI TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
MIKE KNOBLOCH TRUSTEE 1.00
Director
$0 $0 $0
NABIL AYERS TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
NATALIA RAMIREZ AT-LARGE TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
NIKISHA BAILEY TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
PAUL WALL TRUSTEE 1.00
Director
$0 $0 $0
PJ MORTON AT-LARGE TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
RIGGS MORALES TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
SARA GAZAREK TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
SUSAN MARSHALL TRUSTEE 1.00
Director
$0 $0 $0
TAMARA WELLONS TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
TAMMY HURT CHAIR 20.00
Director
$0 $0 $0
TAYLOR HANSON TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
TERRY JONES TRUSTEE 1.00
Director
$0 $0 $0
THOM TK KIDD TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
TORAE CARR TRUSTEE (FROM 6/1/24) 1.00
Director
$0 $0 $0
TRACY GERSHON TRUSTEE 1.00
Director
$0 $0 $0
VON VARGAS TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
WAYNA WONDWOSSEN TRUSTEE 1.00
Director
$0 $0 $0
YOLANDA ADAMS TRUSTEE (TO 5/31/24) 1.00
Director
$0 $0 $0
HARVEY MASON JR CHIEF EXECUTIVE OFFICER 40.00
Officer
$1,286,777 $16,996 $1,303,773
WAYNE J ZAHNER CHIEF FINANCIAL OFFICER 40.00
Officer
$449,249 $31,203 $480,452
BRANDEN CHAPMAN CHIEF OPERATING OFFICER 40.00
Key Emp
$544,144 $34,018 $578,162
PANOS A PANAY PRESIDENT 40.00
Key Emp
$513,688 $37,337 $551,025
RUBY MARCHAND CHIEF AWARDS & INDUSTRY OFFICER 40.00
Key Emp
$473,167 $42,829 $515,996
ADAM ROTH SVP, PARTNERSHIPS & BUSINESS DEVELOPMENT 40.00
Highest
$379,633 $24,466 $404,099
DAVID GREGORY CHIEF INFORMATION OFFICER 40.00
Highest
$353,741 $42,355 $396,096
JENNIFER JONES EVP, LEGAL AFFAIRS 40.00
Highest
$332,968 $43,668 $376,636
SHONDA GRANT CHIEF PEOPLE & CULTURE OFFICER 40.00
Highest
$324,543 $47,738 $372,281
TODD DUPLER CHIEF ADVOCACY & PUBLIC POLICY OFFICER 40.00
Highest
$319,703 $43,274 $362,977
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
2024 $107,077,320 $121,759,027 $129,610,534 $-14,681,707
2023 $90,864,636 $102,999,424 $121,343,871 $-12,134,788
2022 $89,323,542 $88,469,869 $126,130,993 $853,673
2022 $89,323,542 $88,469,869 $126,130,993 $853,673
2021 $73,681,549 $79,879,674 $144,766,278 $-6,198,125
2020 $85,467,768 $89,788,375 $126,159,052 $-4,320,607
2019 $91,623,364 $90,571,108 $138,315,613 $1,052,256
2018 $96,155,475 $89,888,846 $138,704,299 $6,266,629
Explore More Nonprofits
→Top 100 Nonprofits in California →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare NATIONAL ACADEMY OF RECORDING ARTS & SCIENCES INC with other nonprofits in California and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.