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Monterey International Pop Festival Inc

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$46.9k (2023)

Expenses
$49.2k (2023)

Total Assets
$293k (2023)

Total Liabilities
$25 (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$46,854
Expenses
$49,230
Net Income
-$2,376
Net Assets
$293,047
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,100
2.3%
Program Services $0
Investment Income $4,846
10.3%
Bond Proceeds $0
Royalties $40,908
87.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $293,072
Total Liabilities $25
Net Assets $293,047
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lou Adler (Pres/Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$145,084
Expenses
$78,808
Net Income
$66,276
Net Assets
$295,423
Notable Sources of Revenue Percent of Total Revenue
Contributions $102,300
70.5%
Program Services $0
Investment Income $65
0.0%
Bond Proceeds $0
Royalties $42,719
29.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $295,448
Total Liabilities $25
Net Assets $295,423
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lou Adler (Pres/Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$125,796
Expenses
$59,947
Net Income
$65,849
Net Assets
$229,147
Notable Sources of Revenue Percent of Total Revenue
Contributions $325
0.3%
Program Services $0
Investment Income $43
0.0%
Bond Proceeds $0
Royalties $125,428
99.7%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $229,172
Total Liabilities $25
Net Assets $229,147
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lou Adler (Pres/Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$48,436
Expenses
$65,168
Net Income
-$16,732
Net Assets
$163,298
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,000
2.1%
Program Services $0
Investment Income $170
0.4%
Bond Proceeds $0
Royalties $47,256
97.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $163,298
Total Liabilities $0
Net Assets $163,298
Compensation
Key Employees and Officers Compensation Related Other
Lou Adler (Pres/Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,554
Expenses
$62,859
Net Income
-$53,305
Net Assets
$180,030
Notable Sources of Revenue Percent of Total Revenue
Contributions $700
7.3%
Program Services $0
Investment Income $492
5.1%
Bond Proceeds $0
Royalties $8,362
87.5%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $180,030
Total Liabilities $0
Net Assets $180,030
Compensation
Key Employees and Officers Compensation Related Other
Lou Adler (Pres/Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$13,162
Expenses
$121,918
Net Income
-$108,756
Net Assets
$233,335
Notable Sources of Revenue Percent of Total Revenue
Contributions $701
5.3%
Program Services $0
Investment Income $425
3.2%
Bond Proceeds $0
Royalties $12,036
91.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $233,335
Total Liabilities $0
Net Assets $233,335
Compensation
Key Employees and Officers Compensation Related Other
Lou Adler (Pres/Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$104,750
Expenses
$268,057
Net Income
-$163,307
Net Assets
$342,091
Notable Sources of Revenue Percent of Total Revenue
Contributions $500
0.5%
Program Services $0
Investment Income $125
0.1%
Bond Proceeds $0
Royalties $104,125
99.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $342,091
Total Liabilities $0
Net Assets $342,091
Compensation
Key Employees and Officers Compensation Related Other
Lou Adler (Pres/Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$130,902
Expenses
$80,625
Net Income
$50,277
Net Assets
$505,398
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,825
1.4%
Program Services $0
Investment Income $125
0.1%
Bond Proceeds $0
Royalties $128,952
98.5%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $505,398
Total Liabilities $0
Net Assets $505,398
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lou Adler (Pres/Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$166,815
Expenses
$95,560
Net Income
$71,255
Net Assets
$455,121
Notable Sources of Revenue Percent of Total Revenue
Contributions $200
0.1%
Program Services $0
Investment Income $91
0.1%
Bond Proceeds $0
Royalties $156,681
93.9%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,843
5.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $455,121
Total Liabilities $0
Net Assets $455,121
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lou Adler (Pres/Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$55,930
Expenses
$88,931
Net Income
-$33,001
Net Assets
$383,866
Notable Sources of Revenue Percent of Total Revenue
Contributions $200
0.4%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $54,321
97.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,409
2.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $383,866
Total Liabilities $0
Net Assets $383,866
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lou Adler (Pres/Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$34,917
Expenses
$97,205
Net Income
-$62,288
Net Assets
$416,867
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,000
5.7%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $29,821
85.4%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $3,096
8.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $416,867
Total Liabilities $0
Net Assets $416,867
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Lou Adler Co Gjm (Pres/Sec) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$51,179
Expenses
$140,743
Net Income
-$89,564
Net Assets
$479,155
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,025
2.0%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $49,185
96.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $969
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $479,155
Total Liabilities $0
Net Assets $479,155

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$237,030
Expenses
$153,649
Net Income
$83,381
Net Assets
$568,761
Notable Sources of Revenue Percent of Total Revenue
Contributions $725
0.3%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $234,305
98.9%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,000
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $568,761
Total Liabilities $0
Net Assets $568,761

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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