Nonpartisan civic infrastructure
AllCiv·Legis1
·

Old Town School of FOLK Music INC

Public charity
DBA: % TROY ANDERSON
Other · CHICAGO, IL · EIN 36-2373635

About

The old town school of FOLK music teaches and celebrates music and cultural expressions rooted in the traditions of diverse american and global communities.

In care of TROY Anderson

Donations are tax-deductible
Category
Other
Employees
391
Volunteers
350

Financial Snapshot

FY ending 2024-12-31
Revenue
$14.0M
Expenses
$15.0M
Assets
$26.7M
Liabilities
$2.5M

Financial history

$15.0M$7.5M$0
161718192021222324
RevenueExpenses
Latest FY2024: $14.0M · Peak FY2022: $14.4M · Avg: $13.1M

Political & Grant Activity

Campaign Spending
—
Lobbying
—
Grants Given
$187K
OLD TOWN SCHOOL OF FOLK MUSIC INC
Your actions

Address

4544 N Lincoln AVE
Chicago, IL, 60625-210

Governance

Voting board members23
Independent members23
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsYes
Equity-based compNo
Supplemental retirement planNo
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo

Financial detail (Schedule D)

Board-designated %51.5%
Permanent endowment %39.8%
Endowment held by related orgNo
Public records
ProPublica Nonprofit Explorer ↗
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search ↗
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
These open in a new tab. AllCiv doesn't host filings directly — these are the authoritative public-record sources.