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The Musical Arts Institute

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 300603029 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is The Musical Arts Institute?

The Musical Arts Institute, located in Chicago, Illinois, is a nonprofit organization devoted to empowering inner-city students in Chicago by teaching them essential musical skills. As young artists, these students are encouraged to reach their full potential through intensive private and group training. The institute also promotes community awareness of the arts by hosting culturally enriching events and workshops. In addition, The Musical Arts Institute has sponsored recitals, provided free music classes and concerts, and hosted year-round workshops for music students in disadvantaged areas within the city. Its mission is to serve underrepresented communities where access to high-quality music education is limited.


Official website here: www.musicalartsinstitute.org

Is The Musical Arts Institute legitimate?

The Musical Arts Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Musical Arts Institute submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.musicalartsinstitute.org

What is the mission statement of The Musical Arts Institute?

The Musical Arts Institute's mission is centered around providing intensive private and group music training, as well as after-school programs and specialized learning opportunities for youth. This institution focuses on underserved communities where access to high-quality music education is limited. By doing so, they aim to help young individuals develop their technical and artistic skills, enabling them to reach their full potential as emerging artists. The Musical Arts Institute also promotes community awareness of the arts and engages with the community through culturally enriching events. They have sponsored student and staff recitals, hosted year-round workshops for music students in distressed areas, and provided free music classes and concerts for children throughout the city.


Official website here: www.musicalartsinstitute.org

Who is the CEO of The Musical Arts Institute?

Michael Manson is the Member of The Musical Arts Institute.


Official website here: www.musicalartsinstitute.org

What is the revenue of The Musical Arts Institute?

The Musical Arts Institute's revenue in 2022 was $812,041.


Official website here: www.musicalartsinstitute.org

Who are the executives of The Musical Arts Institute and what are their salaries?

Here are 10 key members and their salaries:

    Dr Debrah Eldridge (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Damon Thompson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lana Manson (Finance Executive) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derrick Buckingham (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Erick Nickerson (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Adrianne Jones (Board Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bert Allen (Board Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Delvert Cole (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Johnson (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Manson (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.musicalartsinstitute.org

    Where can I find the form 990 for The Musical Arts Institute?

    The The Musical Arts Institute’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.musicalartsinstitute.org

    Learn more at the official website: www.musicalartsinstitute.org

    Mission Statement of The Musical Arts Institute

    The Musical Arts Institute, in its mission, provides intensive private and group training, as well as after-school programming and specialized learning opportunities for youth. This nonprofit organization targets culturally and economically underserved communities where access to high-quality music education is limited. By serving several Chicago public schools and engaging with the community through culturally enriching events, the Musical Arts Institute aims to promote awareness of the arts. The institute has sponsored student and staff recitals, hosted year-round workshops for music students in distressed areas of Chicago, and offered free music classes and concerts to children throughout the city. This dedication to music education and community outreach enables the Musical Arts Institute to help young artists in these underserved communities reach their full potential.

    Impact

    This information is meant to be a general summary of The Musical Arts Institute. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The impact of The Musical Arts Institute is profound in the communities it serves, particularly underserved areas in Chicago. Through intensive private and group training, after-school programming, and specialized learning opportunities, MAI is nurturing the talents of young artists and providing them with the skills needed to succeed in the musical arts. By focusing on culturally and economically disadvantaged youth, MAI is addressing the lack of access to high-quality music education in these communities.

    MAI's commitment to promoting community awareness of the arts is evident through its engagement with the surrounding neighborhoods. The institute sponsors student and staff recitals, hosts workshops for music students in distressed areas, and provides free music classes and concerts to children throughout the city. These efforts not only enrich the lives of the participants but also contribute to the cultural vibrancy of Chicago.

    Overall, The Musical Arts Institute's impact can be seen in the transformation of young lives, the fostering of artistic excellence, and the celebration of music within underserved communities.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $822
  • Program Service Revenue: $382,488
  • Gross Receipts: $812,041

    • Assets and Liabilities:
  • Total Assets: $757,326
  • Total Liabilities: $484,217
  • Net Assets: $273,109
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Program Income

    Revenue

    $500

    Tuition-Instruction

    Revenue

    $118,205

    Performance

    Revenue

    $500

    CPS Contract Program In

    Revenue

    $263,283

    Organization Details

    Founding Year

    2010

    Principal Officer

    Michael Manson

    Main Address

    9244 Lafayette, Chicago, IL, 60620

    NTEE Category

    Code: A68 - Arts

    If you are a representative of The Musical Arts Institute and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.