Public Charity

MUSIC INSTITUTE OF CHICAGO

MUSIC INSTITUTE OF CHICAGO, of EVANSTON, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $7.1M in revenue, $7.6M in expenses, $10.8M in total assets. 56 publicly reported grants to this organization, totaling roughly $1.4M, appear in IRS filings.

EIN: 362374224 EVANSTON, IL Latest filing: 2024
Total Revenue$7.1M
Total Expenses$7.6M
Total Assets$10.8M
Grant Records56
Funding Total$1.4M
Filing Years2020–2024

Mission

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.

Officers & Directors

CHAIR EMERITA Alexandra C Nichols
DIRECTOR Audra Wilson
SECRETARY Barbara Sereda
DIRECTOR Carlos Cardenas
DIRECTOR Courtney Holohan
DIRECTOR Daniel Hahn

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$329,881 9 grants
ILLINOIS CORONAVIRUS FISCAL RECOVERY FUNDS
$140,000 1 grant
DONOR DESIGNATION
$123,725 8 grants
GENERAL OPERATING SUPPORT
$110,245 2 grants
EDUCATION
$89,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $7.1M $7.6M $10.8M
2023 $6.7M $8.1M $10.5M
2022 $8.3M $7.2M $11.2M
2021 $7.0M $6.7M $11.3M
2020 $9.1M $6.9M $10.7M

Between 2020 and 2024, reported annual revenue declined from $9.1M to $7.1M (-23%), with total assets most recently reported at $10.8M.

Interactive year-over-year charts and full filing details available with membership.

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