EIN 36-2374224

Music Institute of Chicago (MIC)

IRS 501(c) type
501(c)(3)
Num. employees
218
Year formed
1939
Most recent tax filings
2023-08-01
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.
Total revenues
$6,681,836
2023
Total expenses
$8,058,706
2023
Total assets
$10,500,371
2023
Num. employees
218
2023

Program areas at MIC

The Music Institute offers quality Music instruction for nearly 2,000 students of all ages, instruments, and levels of experience, through private instruction -- traditional and suzuki method -- group classes, and ensembles, utilizing classical, jazz, and american roots Music genres, including the academy program, an elite training center for pre-college musicians who have professional aspirations. Nichols concert hall is a premier performance venue which presents a professional concert series and offers ample recital opportunities for Music Institute students. The Music Institute also offers numerous service activities for faculty and students, bringing Music and Music education to communities who otherwise might not have access.

Who funds Music Institute of Chicago (MIC)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
John D and Alexandra Nichols Family FoundationUnrestricted$381,000
Negaunee FoundationRestricted Use$200,000
Negaunee FoundationUnrestricted Use$60,000
...and 38 more grants received totalling $1,043,560

Personnel at MIC

NameTitleCompensation
Mark GeorgePresident and Chief Executive Officer$198,026
Sue PolutnikVice President and Chief Operating Officer / Vice President Administration / Executive Vice President$103,968
Jennifer BienemannVice President and Chief Development$6,250
Marcia RubinVice President and Chief Financial Officer$126,478
Jennifer HansonVice President and Chief Marketing Officer$16,195
...and 21 more key personnel

Financials for MIC

RevenuesFYE 08/2023
Total grants, contributions, etc.$1,509,288
Program services$5,046,863
Investment income and dividends$134,107
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$58,615
Net gain from sale of non-inventory assets$15,492
Net income from fundraising events$-83,931
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,402
Total revenues$6,681,836

Form 990s for MIC

Fiscal year endingDate received by IRSFormPDF link
2023-082024-07-11990View PDF
2022-082023-07-13990View PDF
2021-082022-07-15990View PDF
2020-082021-07-15990View PDF
2019-082021-02-09990View PDF
...and 9 more Form 990s

Organizations like MIC

OrganizationLocationRevenue
Crowden Music CenterBerkeley, CA$3,833,588
Suzuki School of NewtonWaban, MA$2,101,331
New Earth OrganizationCulver City, CA$4,584,973
Third Street Music School SettlementNew York, NY$12,190,339
Merit School of MusicChicago, IL$11,718,289
The Hochstein SchoolRochester, NY$4,370,404
Pyo Music InstitutePhiladelphia, PA$1,913,662
Music Conservatory of WestchesterWhite Plains, NY$3,484,657
Settlement Music SchoolPhiladelphia, PA$12,058,099
Gage Academy of ArtSeattle, WA$2,571,537
Data update history
August 29, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 28, 2024
Updated personnel
Identified 5 new personnel
August 10, 2024
Received grants
Identified 6 new grant, including a grant for $15,000 from Gantz Family Foundation
May 19, 2024
Received grants
Identified 3 new grant, including a grant for $5,000 from Dolores Kohl Education Foundation
January 18, 2024
Updated personnel
Identified 12 new personnel
Nonprofit Types
SchoolsArts, culture, and humanities nonprofitsPerforming arts organizationsCharities
Issues
EducationArts, cultural, and humanities
Characteristics
Fundraising eventsReceives government fundingEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsAccepts online donations
General information
Address
622 Davis St 4th Floor
Evanston, IL 60201
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
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
A60: Performing Arts Organizations, Activities
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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