EIN 36-2374224

Music Institute of Chicago (MIC)

IRS 501(c) type
501(c)(3)
Num. employees
236
Year formed
1939
Most recent tax filings
2019-08
Description
The Music Institute of Chicago is dedicated to transforming lives through music education. Founded in 1931, the Music Institute has grown to become one of the largest and most respected community music schools in the nation.

Program areas at MIC

Each year, the Music Institute demonstrates this commitment through three key areas:1) providing personalized Music instruction and performance opportunities to more than 2,000 students of all ages, abilities, and levels of experience through the community Music school. The Music Institute offers traditional and suzuki method instruction, with private and group class opportunities in piano, voice, strings, winds, brass, and percussion, as well as jazz, american roots Music, chamber Music, musikgarten, musicianship, orchestral and choral ensembles, summer camps, musical theater programs, Chicago suzuki Institute workshops, and national duo piano festival. Over 500 mic students received more than $300,000 in direct financial assistance support. Additionally, over $120,000 in merit scholarships to 25 fellows in the academy, an elite, pre-college training center for aspiring professional musicians. 2) inspiring more than 15,000 visitors annually at nichols concert hall, the Music Institute's premier performance venue and landmark building in downtown evanston. The acoustically perfect, 550-seat concert hall provides opportunities for the public to experience renowned artists, as well as Music Institute artists-in-residence, faculty, and students. Over 600 events take place at the hall each year, including but not limited to classical Music and dance performances, jazz ensembles, chamber Music concerts, world-class lectures, and free Music education and instrument programs. 3) serving as a community resource in Music education through the provision of programs, including but not limited to, artslink and third coast suzuki strings, Music for life, and the around town concert series. These events are offered free of cost to participants, and combined, these programs embody the Music Institute's founding vision to foster a diverse community of Music learners at all levels, serving more than tens of thousands of people annually at schools, libraries, performance venues, and community centers across chicagoland."

Form 990s for MIC

Fiscal year endingDate received by IRSFormPDF link
2019-082021-02-09990View PDF
2018-082019-05-14990View PDF
2017-082018-05-14990View PDF
2016-082017-07-25990View PDF
2015-082016-07-13990View PDF
...and 5 more Form 990s

Who funds Music Institute of Chicago (MIC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Chicago Community TrustGeneral Operating Support$77,070
 Subscribe to view████ ████$99,999
 Subscribe to view███ ██████$99,999
...and 13 more grants received

Financials for MIC

RevenuesFYE 08/2019
Total grants, contributions, etc.$1,373,007
Program services$5,160,533
Investment income and dividends$46,271
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$159,613
Net gain from sale of non-inventory assets$0
Net income from fundraising events$-63,951
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,189
Total revenues$6,676,662

Personnel at MIC

NameTitleCompensation
Mark GeorgePresident and Chief Executive Officer$194,837
Sue PolutnikVice President and Chief Operating Officer$81,721
Paul S. WatfordVice President and Chief Financial Officer$116,536
 Subscribe to viewVice President Institutional Advancement$95,554
 Subscribe to viewDirector of Organ and Early Music Program
...and 24 more key personnel

Organizations like MIC

OrganizationLocationRevenue
Levine MusicWashington, DC$10,945,563
Community School of Music and Arts (CSMA)Mountain View, CA$7,631,522
Kaufman Music CenterNew York, NY$9,179,145
Usdan Summer Camp for the ArtsWheatley Heights, NY$9,238,684
Community Music Center (CMC)San Francisco, CA$5,874,477
San Francisco Girls ChorusSan Francisco, CA$2,051,216
Omaha Conservatory of Music (OCM)Omaha, NE$3,264,453
Old Town School of Folk MusicChicago, IL$12,486,697
Community Music Center of Boston (CMCB)Boston, MA$2,784,624
Music Conservatory of WestchesterWhite Plains, NY$3,334,737
Bloomingdale School of MusicNew York, NY$2,426,389
Crowden Music CenterBerkeley, CA$3,591,830
Wisconsin Conservatory of MusicMilwaukee, WI$4,618,344
Flint Institute of Music (FIM)Flint, MI$10,343,067
Wharton Institute for the Performing ArtsBerkeley Heights, NJ$2,715,535
Suzuki School of NewtonWaban, MA$2,807,207
Community Music School of Springfield (CMSS)Springfield, MA$1,943,785
Hoff Barthelson Music SchoolScarsdale, NY$4,482,605
Armstrong Community Music School (ACMS)Austin, TX$2,248,947
Goodspeed MusicalsEast Haddam, CT$11,199,838
South Shore ConservatoryHanover, MA$5,022,740
Swallow Hill Music AssociationDenver, CO$5,707,036
Stanford Jazz Workshop (SJW)Stanford, CA$2,269,938
Play on Philly (POP)Philadelphia, PA$2,361,495
Third Street Music School SettlementNew York, NY$9,318,214
Nonprofit Types
Issues
Characteristics
Key performance indicators
Total revenues
$6,676,662
2019
Yearly growth
4.7%
% of revenues
n/a
Total expenses
$7,182,259
2019
Yearly growth
-0.5%
% of expenses
n/a
Total assets
$8,864,085
2019
Yearly growth
-2.3%
% of assets
n/a
Num. employees
236
2019
Yearly growth
-3.7%
% of total
n/a
General information
Address
1702 Sherman Avenue
Evanston, IL 60201
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
Website URL
musicinst.org/ 
Phone
(847) 905-1500
Facebook page
MusicInstituteofChicago 
Twitter profile
@miccommunity 
IRS details
EIN
36-2374224
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
A6E: Performing Arts Schools
NAICS code, primary
711130: Musical Groups and Artists
Parent/child status
Independent