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Passes our checks

Hold on to Your Music Inc

EIN 55-0822285 · Los Angeles, CA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong95 out of 100GovernanceWeak46 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

EXPAND AWARENESS AND INCREASE UNDERSTANDING OF THE HISTORY OF THE HOLOCAUST, THE ETHICAL IMPLICATIONS OF WORLD EVENTS, THE POWER OF THE ARTS, ESPECIALLY MUSIC, AND THE STRENGTH OF THE HUMAN SPIRIT IN THE FACE OF ADVERSITY.

Income
$857,076
Spending
$491,627
Spent on programs
71%
Reserves
85.2 months of spending
Largest source of income
donations and private grants, 70%
Employees
0
Volunteers
5
Highest pay
$110,000, president and secretary

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 95 out of 100. Higher than 82% of charities in its peer group (education, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 85.2 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 43% of income.

  • Income trend

    10 of 15

    Income fell 2% on the year before.

  • Spending floor

    15 of 15

    71% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Weak: 46 out of 100. Higher than 14% of charities in its peer group (education, $250k to $1m).

  • Independent board

    25 of 25

    5 of 7 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $349,890 spent. THE ORGANIZATION PARTNERS WITH DIFFERENT SCHOOL DISTRICTS AND/OR ORGANIZATIONS WITH SIMILAR INTERESTS AND PROVIDES BOOKS TO STUDENTS, TEACHES THE EDUCATORS HOW TO "TEACH THE BOOK". ONCE THE CHILDREN HAVE READ THE BOOKS, CREATED PROJECTS, MONA GOLABEK, THE FOUNDER OF THE ORGANIZATION, VISITS THE CITY, ARRANGES FOR THE VENUE, STUDENT SAFETY, TRANSPORTATIONS, ETC., AND TELLS THE STORY AND PERFORMS THE MUSIC. IN THE PAST YEARS, APPROXIMATELY 350,000 STUDENTS HAD THE LEARNING OPPORTUNITY ABOUT MUSIC AND HISTORY OF THE HOLOCAUST. THE PROGRAM HAS GROWN DRAMATICALLY AND PASSED THE TWO MILLION MARK OF STUDENTS IMPACTED INCLUDING INTERNATIONAL REACH WITH PROJECTS IN SOUTH AFRICA AND ENGLAND. THE ORGANIZATION HAS ALSO IMPLEMENTED LARGE SCALE ONLINE RESOURCES AND LIVE STREAMING PERFORMANCES FOR SCHOOL DISTRICTS ACROSS AMERICA. THE ORGANIZATION ENTERED INTO A GROUND BREAKING PARTNERSHIP WITH THE STEVEN SPIELBERG USC SHOAH FOUNDATION TO BRING THE EDUCATIONAL MISSION TO STUDENTS ACROSS THE GLOBE.

Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending June 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2003.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.