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Music Institute Of Chicago

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

EIN: 362374224 ✦ Evanston, IL ✦ Designated as a 501(c)(3)

Overview

What is Music Institute Of Chicago?

The Music Institute of Chicago, situated in Evanston, Illinois, is a distinguished nonprofit organization committed to providing top-notch music instruction. It serves approximately 2,000 students across all age groups, instruments, and skill levels, through private lessons, group classes, and ensembles. The institute embraces diverse music genres such as classical, jazz, and American roots, including its elite Academy Program which caters to pre-college musicians pursuing professional careers. The institution boasts the prestigious Nichols Concert Hall, a performance venue for professional concerts and ample recital opportunities for its students. Beyond education, the Music Institute engages in various service activities, bringing music and music education to underprivileged communities who might otherwise lack such resources. Its mission is to foster a lifelong passion for music by offering widely accessible resources for teaching, performing, and community outreach.


Official website here: www.musicinst.org

Is Music Institute Of Chicago legitimate?

Music Institute Of Chicago is a legitimate nonprofit organization registered as a 501(c)(3) entity. Music Institute Of Chicago 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: $588,626
Professional Fundraising Fees: $29,793
Other Salaries and Wages: $3,607,773

For more financial information, click here


Official website here: www.musicinst.org

What is the mission statement of Music Institute Of Chicago?

The Music Institute, shortened as Music Institute of Chicago, is dedicated to encouraging a lifelong engagement with music. It achieves this by offering widely accessible resources for high-quality music teaching, performing, and service activities. The institute provides music instruction to nearly 2,000 students of various ages, instruments, and skill levels, through private instruction, group classes, and ensembles. The institute covers a variety of music genres, including classical, jazz, and American roots music. The Academy Program, a part of the institute, is an elite training center for pre-college musicians with professional aspirations. The institute also has a premier performance venue, Nichols Concert Hall, which hosts a professional concert series and offers recital opportunities for its students. Furthermore, the Music Institute engages in numerous service activities, bringing music and music education to communities that may otherwise lack access.


Official website here: www.musicinst.org

Who is the CEO of Music Institute Of Chicago?

Dr Mark George is the President & Ceo of Music Institute Of Chicago. The CEO's salary of Music Institute Of Chicago is $202,152 and their total compensation is $227,983.


Official website here: www.musicinst.org

What is the revenue of Music Institute Of Chicago?

Music Institute Of Chicago's revenue in 2022 was $8,335,240.


Official website here: www.musicinst.org

Who are the executives of Music Institute Of Chicago and what are their salaries?

The average compensation at Music Institute Of Chicago during 2022 was $19,250. There are 218 employees and 80 volunteers at Music Institute Of Chicago.

Here are 22 key members and their salaries (Music Institute Of Chicago's CEO's salary is $202,152 and their total compensation is $227,983):

    Dr Mark George (President & Ceo)
  • Compensation: $202,152
  • Related: $0
  • Other: $25,831

    • Marcia Rubin (Vp & Cfo)
  • Compensation: $129,939
  • Related: $0
  • Other: $2,224

    • Sue Polutnik (Vp & Coo)
  • Compensation: $106,316
  • Related: $0
  • Other: $11,452

    • Emily Abraham (Vp Academic Affairs)
  • Compensation: $86,340
  • Related: $0
  • Other: $24,373

    • Mr Scott Verschoor (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Lee Anne Stoddart (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Alexandra C Nichols (Chair Emerita) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Carlos Cardenas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Hans J Germann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Daniel Hahn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Courtney Holohan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Christopher L Janssen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Thomas Leddy (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Kay Mabie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Renee Parquette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mrs Barbara Sereda (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Ross Updegraff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Zalman Usiskin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Florian Zettelmeyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr Timothy Patenode (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr James Stone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mr David Zampa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.musicinst.org

    Where can I find the form 990 for Music Institute Of Chicago?

    The Music Institute Of Chicago’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.musicinst.org

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

    Mission Statement of Music Institute Of Chicago

    The Music Institute of Chicago, as a leading organization, is committed to fostering a lifelong engagement with music. It achieves this by providing widely accessible resources for high-quality music teaching, performing, and service activities. The Music Institute's mission is to guide individuals towards a deep-rooted connection with music, catering to students of all ages, instruments, and levels of experience.

    The organization offers a diverse range of music instruction, including private tutoring using both traditional and Suzuki methods, group classes, and ensembles. The curriculum encompasses various music genres, such as classical, jazz, and American roots music. One of its notable programs is the Academy, an elite training center for pre-college musicians with professional aspirations. Furthermore, the Music Institute boasts Nicolls Concert Hall, a premier performance venue that hosts a professional concert series and offers ample recital opportunities for its students.

    Beyond its core instructional activities, the Music Institute engages in numerous service initiatives. These activities enable its faculty and students to bring music and music education to communities that might otherwise lack access to such resources. The organization's service-oriented approach is a testament to its dedication to fostering a love for music and its transformative power in people's lives.

    Impact

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




    Thursday, August 15, 2024

    The Music Institute of Chicago has a significant impact on the community by providing high-quality music education to nearly 2,000 students of all ages, instruments, and experience levels. Through private instruction, group classes, and ensembles covering classical, jazz, and American roots music genres, the institute nurtures talent and cultivates a love of music in its students.

    The institute's Academy program serves as an elite training center for pre-college musicians aspiring towards professional careers in music. Additionally, Nichols Concert Hall, the institute's premier performance venue, hosts a professional concert series and offers recital opportunities for students, contributing to the development of a vibrant music community.

    Beyond its educational programs, the Music Institute of Chicago also engages in service activities to bring music and music education to underserved communities, ensuring that opportunities for musical growth and enrichment are accessible to all. Through its dedication to high-quality music teaching, performing, and community service, the Music Institute of Chicago plays a vital role in leading individuals towards a lifelong engagement with music.





    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: $6,457
  • Program Service Revenue: $4,849,441
  • Gross Receipts: $12,309,339

    • Assets and Liabilities:
  • Total Assets: $11,160,030
  • Total Liabilities: $1,224,357
  • Net Assets: $9,935,673
  • Programs

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

    TUITION

    Revenue

    $4,826,814

    TICKET SALES

    Revenue

    $22,627

    Organization Details

    Founding Year

    1939

    Principal Officer

    Dr Mark George

    Main Address

    1702 SHERMAN AVENUE, EVANSTON, IL, 60201

    NTEE Category

    Code: A250 - Arts

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