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California · Nonprofit

Pasadena Conservatory of Music

Pasadena Conservatory of Music (California) receives grants from 63 organizations whose IRS filings report $12,634,095 to it, the largest being HELEN AND WILL WEBSTER FOUNDATION ($2,180,000). 41 of them have funded it in more than one year.

Revenue FY2025
$4.8M
Funders on record
63
Grants received
$13M
Net assets
$21M
41/63 repeat funderspeak grant-dependency 66%
01What it does

What Pasadena Conservatory of Music does

Mission

PCM's mission is to: educate through a comprehensive curriculum taught by an exceptional faculty; advocate for the value of music study; inspire through performances of traditional, contemporary, and multicultural music; and, share our expertise with a broad spectrum of the community.

As stated on its FY2025 Form 990.

Program

  1. Outreach programs are provided to approximately 650 students at various sites in the Pasadena area. On site instruction programs are provided to approximately 1,000 students through a comprehensive curriculum. About 200 performances were presented on and off during the year; attendance at these events totalled more than 18,000.

    $3,233,889 spent$2,530,686 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $3,233,889.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($3.2M) Expenses 100 ($3.0M) Net assets 100 ($10M)2018 Revenue 94 ($3.1M) Expenses 106 ($3.2M) Net assets 99 ($10.0M)2019 Revenue 102 ($3.3M) Expenses 107 ($3.2M) Net assets 100 ($10M)2020 Revenue 98 ($3.2M) Expenses 106 ($3.2M) Net assets 100 ($10M)2021 Revenue 98 ($3.2M) Expenses 92 ($2.7M) Net assets 104 ($10M)2022 Revenue 245 ($8.0M) Expenses 96 ($2.9M) Net assets 155 ($16M)2023 Revenue 159 ($5.2M) Expenses 107 ($3.2M) Net assets 174 ($18M)2024 Revenue 195 ($6.3M) Expenses 127 ($3.8M) Net assets 199 ($20M)2025 Revenue 147 ($4.8M) Expenses 141 ($4.2M) Net assets 204 ($21M)
'17'18'19'20'21'22'23'24'25
Revenue (147)Expenses (141)Net assets (204)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $11M to $16M (+48%).

$10M
$10M
$10M
$11M
$11M
$16M
$18M
$21M
$22M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 2% · 2018 3% · 2019 1% · 2020 3% · 2021 7% · 2022 1% · 2023 1% · 2024 1% · 2025 2%. Grants only. Government contracts and fees sit inside program revenue.

43% of Pasadena Conservatory of Music’s revenue is contributions — about as donation-reliant as the typical peer (63% for the typical peer).

This organization
Typical peer · 5,377 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.

$256k
’17
−$102k
’18
$104k
’19
$21k
’20
$435k
’21
$5.1M
’22
$2.0M
’23
$2.5M
’24
$552k
’25
0.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Stephen McCurry

Executive Director

Board chair

Laurie Sowd

Board Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed161720171517141513
Joined·+1+3+1+0+2+2+2+0
No longer listed·00420512
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 22 funders to 27 funders, grant income rose $441k → $3.4M.

14 of 63 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 40% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of Pasadena Conservatory of Music’s funders (the co-funder graph). Top 30 of 63 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Pasadena Conservatory of Music has a broad base — no single funder exceeds 17% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

43% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Pasadena Conservatory of Music.

17%
largest funder
42%
top three
~12
effective funders

Largest funder’s share by year: 2017 33% · 2018 36% · 2019 20% · 2020 20% · 2021 35% · 2022 31% · 2023 29% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

42% of Pasadena Conservatory of Music's funders are still giving 3 years after their first grant; 65% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

98% of Pasadena Conservatory of Music's grant income comes from California funders.

WA
IL
NY
NV
CA
MO
DE
NC
TX

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
California out of state home

Funder states come from each funder’s own filing. $5.0M arriving through sponsors registered in 7 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Pasadena Conservatory of Music runs a healthier operating margin than half of the 3,230 arts & culture nonprofits its size.

Operating margin12% · above the median
Months of reserve0.6mo · bottom quartile
Revenue growth (annualized)5% · below the median

this organization peer median middle 50% of peers· 3,230 arts & culture nonprofits $1M–$10M, FY2025

Government funding Pasadena Conservatory of Music receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $60k on record.

Federal$60k
grants $60kcontracts $0
22
24
Top agencies
  • National Endowment for the Arts$60k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Pasadena Conservatory of Music

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In California

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

77% of spending goes to programs.

Program 77%Management 17%Fundraising 6%

Governance

12
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

CA

Screen this organization

A dated, signed PDF of the compliance screen for Pasadena Conservatory of Music: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Pasadena Conservatory of Music?
Pasadena Conservatory of Music (California) receives grants from 63 organizations whose IRS filings report $12,634,095 to it, the largest being HELEN AND WILL WEBSTER FOUNDATION ($2,180,000). 41 of them have funded it in more than one year.
How many funders does Pasadena Conservatory of Music have?
IRS filings report 63 organizations giving $12,634,095 in grants to Pasadena Conservatory of Music, 41 of which have funded it in more than one year.
Who is the largest funder of Pasadena Conservatory of Music?
HELEN AND WILL WEBSTER FOUNDATION is the largest funder on record, with $2,180,000 in grants. The full list of funders is on this page.
How can an organization like Pasadena Conservatory of Music find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in California. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Pasadena Conservatory of Music →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 63 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing