Overview Money In Money Out People Positions Interview Endorsements
About The music institute of chicago ("music institute") leads people toward a lifelong engagement with music, by providing widely accessible resources for high quality music teaching, performing, and service activities.
Donations are tax-deductible
Financial Snapshot FY ending 2024-08-31 Financial history 16 17 18 19 20 21 22 23 24
Revenue Expenses
Latest FY2024: $7.1M · Peak FY2022: $8.3M · Avg: $6.8M
Political & Grant Activity
MUSIC INSTITUTE OF CHICAGO
Address 622 Davis ST 4TH Floor
Evanston, IL, 60201-449
Governance Voting board members 18
Independent members 18
Conflict-of-interest policy Yes
Whistleblower policy Yes
Doc-retention policy Yes
Audit committee Yes
990 reviewed by board Yes
Compensation practices Severance payments No
Equity-based comp No
Supplemental retirement plan No
Compensation committee Yes
Board approved comp Yes
Initial contract exception No
Financial detail (Schedule D) Board-designated % 0.0%
Permanent endowment % 85.6%
Endowment held by related org No
Fundraising activity (Schedule G) Uses professional fundraisers Yes
Gross fundraising receipts $923K
Net to org $863K
Retained by contractors $60K
Channels Mail · Phone · Email · In-person · Grant solicitation
Public records
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