Musicians Club Of Los Angeles in Los Angeles, California (CA)

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Musicians Club Of Los Angeles
Employer Identification Number (EIN)951033590
Name of OrganizationMusicians Club Of Los Angeles
Address817 N Vine Street, Los Angeles, CA 90038-3739
SubsectionTitle Holding Corporation
Ruling Date05/1930
DeductibilityContributions are not deductible
FoundationAll organizations except 501(c)(3)
Exempt Organization StatusUnconditional Exemption
Tax Period12/2011
Assets$1,000,000 to $4,999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$1,610,203
Amount of Income$237,707
Form 990 Revenue Amount$30,343

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Financial snapshot ($)

Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$30,343
Contributions, Gifts, Grants and Other Similar Amounts$0
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$0
Income from investment of tax-exempt bond proceeds$0
Net rental income$30,343
Gross rents (Real / Personal)$237,707 / $0
Less: rental expenses (Real / Personal)$207,364 / $0
Rental income or (loss) (Real / Personal)$30,343 / $0
Net gain from sales of assets other than inventory$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$0
Balance Sheet (for 2011)
Total assets$1,610,203
Total liabilities$1,039,643
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$854,436
Unsecured notes and loans payable to unrelated third parties$0
Total net assets or fund balances$570,560
Retained earnings, endowment, accumulated income, or other funds$570,560
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:Not provided
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