MUSIC INSTITUTE OF CHICAGO: Form 990, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- MUSIC INSTITUTE OF CHICAGO (EIN 36-2374224)
- Tax period
- 2014-09-01 to 2015-08-31
- Filed
- 2016-02-18
- IRS object ID
- 201600499349300030
- Schema version
- 2014v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule E
- Schedule G
- Schedule J
- Schedule L
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-02-18T15:22:57-06:00 | ReturnTs |
| Tax Period End | 2015-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 362152389 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BANSLEY AND KIENER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8745 W HIGGINS RD STE 200 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606312704 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2014-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 362374224 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MUSIC INSTITUTE OF CHICAGO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MUSI | BusinessNameControlTxt |
| Phone | 8479051500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1702 SHERMAN | AddressLine1Txt |
| City | EVANSTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR MARK GEORGE | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8479051500 | PhoneNum |
| Signature | 2016-02-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ROBERT J MARSCHALK | PreparerPersonNm |
| PTIN | P00017842 | PTIN |
| Phone | 3122632700 | PhoneNum |
| Preparation | 2016-02-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | DR MARK GEORGE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1702 SHERMAN | AddressLine1Txt |
| City | EVANSTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $7,064,815 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MUSICINST.ORG | WebsiteAddressTxt |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Formation | 1931 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | MUSIC EDUCATION, CLINICAL SERVICES/CREATIVE ARTS THERAPY, CULTURAL PROGRAMMING FOR THE PUBLIC. | ActivityOrMissionDesc |
| Voting Members Governing Body | 18 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 252 | TotalEmployeeCnt |
| Total Volunteers | 350 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,832,202 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,864,559 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $4,726,131 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $4,706,879 | CYProgramServiceRevenueAmt |
| PY Investment Income | $112,404 | PYInvestmentIncomeAmt |
| CY Investment Income | $126,981 | CYInvestmentIncomeAmt |
| PY Other Revenue | $64,028 | PYOtherRevenueAmt |
| CY Other Revenue | $196,232 | CYOtherRevenueAmt |
| PY Total Revenue | $6,734,765 | PYTotalRevenueAmt |
| CY Total Revenue | $6,894,651 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,848,040 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $4,762,255 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $378,571 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,224,848 | PYOtherExpensesAmt |
| CY Other Expenses | $2,088,119 | CYOtherExpensesAmt |
| PY Total Expenses | $7,072,888 | PYTotalExpensesAmt |
| CY Total Expenses | $6,850,374 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$338,123 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $44,277 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $11,011,212 | TotalAssetsBOYAmt |
| Total Assets EOY | $10,811,046 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,136,972 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,097,316 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $9,874,240 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $9,713,730 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROVIDE THE FOUNDATION FOR A LIFE-LONG ENGAGEMENT WITH MUSIC BY: PROVIDING THE HIGHEST QUALITY MUSIC EDUCATION FOR ALL AGES AND ABILITIES; REACHING SELECTED INDIVIDUALS WITH MUSIC EDUCATION WHERE SUCH OPPORTUNITIES ARE LIMITED; SUPPORTING THE GROWTH OF THERAPY THROUGH THE ARTS FOR INDIVIDUALS WITH SPECIAL NEEDS; STRENGHTENING THE EMPHASIS ON LIFELONG LEARNING; PLAYING A LEADERSHIP ROLE IN EMPHASIZING THE IMPORTANCE OF MUSIC EDUCATION IN CHICAGO; AND BUILDING UPON THE TRADITION OF DEVELOPING EXCEPTIONAL PERFORMERS AND ENGAGED AUDIENCES. THROUGH PRIVATELY-FUNDED PROGRAM INITIATIVES SPONSORED BY MIC IN THE INNER CITY, MORE THAN 6,875 CHICAGO PUBLIC SCHOOL (CPS) CHILDREN AND TEACHERS BENEFIT THROUGH FREE CURRICULUM DEVELOPMENT, PRIVATE AND GROUP MUSIC LESSONS AND CLINICAL SERVICE IN CREATIVE ARTS THERAPY. ELEVEN OF THE THIRTEEN CPS MIC SERVICE RECIPIENTS QUALIFY UNDER FEDERAL GUIDELINES FOR TITLE I. MIC IS ONE OF ONLY FEW INDEPENDENT, NON-PROFITS NATIONWIDE TO OFFER SUCH SERVICES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,540,990 | ExpenseAmt |
| Revenue | $4,107,357 | RevenueAmt |
| Desc | MUSIC EDUCATION - MIC OFFERS A BROAD ARRAY OF LEARNING OPPORTUNTIES: FROM EARLY CHILDHOOD CLASSES BEGINNING AT FOUR MONTHS TO NEW HORIZONS BAND AND COMMUNITY ORCHESTRA FOR SENIORS; PRIVATE AND GROUP LESSONS IN PIANO, VOICE, STRINGS, WINDS, BRASS, AND PERCUSSION; CHAMBER MUSIC; MUSICIANSHIP; ORCHESTRAL AND CHORAL ENSEMBLES; AND SUMMER INSTITUTES INCLUDING THE CHICAGO SUZUKI INSTITUTE, SUMMER MUSICAL THEATER CAMPS, AN ADULT PIANO CAMP, AND THE THE CHICAGO DUO-PIANO FESTIVAL. STUDENTS RECEIVE NUMEROUS OPPORTUNITIES TO PARTICIPATE IN RECITALS AND CONCERTS. MIC ALSO FEATURES CLASSES, ENSEMBLES, AND DAYTIME EVENTS AIMED AT ADULTS.OVER 500 MIC STUDENTS AND ITA CLIENTS RECEIVED MORE THAN $500,000 IN DIRECT SUPPORT THROUGH SCHOLARSHIPS, FINANCIAL AID, AND DISCOUNTS DURING FY 2011. OVER 75% OF THE MIC'S STUDENTS ARE CHILDREN GRADES K-12. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $632,679 | ExpenseAmt |
| Revenue | $624,805 | RevenueAmt |
| Desc | THE INSTITUTE FOR THERAPY THROUGH THE ARTS (ITA) WAS FOUNDED BY THE MUSIC INSTITUTE OF CHICAGO IN 1975 TO BE A COMPREHENSIVE COMMUNITY-BASED ARTS THERAPY PROGRAM. ITA OFFERS FOUR TYPES OF CREATIVE ARTS TREATMENT MODALITIES: ART, DRAMA, MUSIC, AND DANCE/MOVEMENT. ITA IS NATIONALLY RECOGNIZED AND HAS DISTINGUISHED ITSELF IN THE USE OF INTEGRATED ARTS APPROACHES TO ANNUALLY HELP OVER 2,000 CHILDREN, ADULTS, AND FAMILIES TO IMPROVE FUNCTIONING RELATED TO PSYCHOLOGICAL, DEVELOPMENTAL, PHYSICAL, OR COGNITIVE FACTORS. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $5,173,669 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | Yes (1) | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | Yes (1) | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | Yes (1) | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | Yes (1) | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 92 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 252 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 18 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Other Website | Yes (X) | OtherWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD ROHRER VP FIN & OPS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8479051500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1702 SHERMAN AVE | AddressLine1Txt |
| City | EVANSTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60201 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (25 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|
| POLUTNIK SUE | ||||||||
| VP ADMINISTRATION | 40.00 | Yes (X) | $85,698 | $0 | $4,507 | |||
| GOLUB ELLIOTT | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| HEROY DAVID | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHNSTONMARLOU | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| MABIE KAY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| NICHOLS ALEXANDRA | ||||||||
| CHAIR, EMERITA | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| NOYES SUSAN | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BARTTER MARILYN | ||||||||
| VICE CHAIR, TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PUTH BETSY | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SCHMITT BARBARA | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SPITZ RITA | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| CALIAN JILL | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| GRAHAM WILLIAM S | ||||||||
| VICE CHAIR, TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STEPHENS LINDA | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| THOMAS SUNITHA C | ||||||||
| TREASURER,TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| STODDART LEE ANNE | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| IRWIN BARBARA JANE | ||||||||
| CHAIR, TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| SHILLING ELISA | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| PAI SAVITRI | ||||||||
| SECRETARY, TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| BIRD CHRISTOPHER G | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| DUBIN HOWARD | ||||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | |||
| ABRAHAM EMILY | ||||||||
| VP ACADEMIC AFFAIRS | 40.00 | $91,809 | $0 | $5,884 | Yes (X) | |||
| GEORGE MARK | ||||||||
| PRESIDENT | 40.00 | $184,725 | $0 | $4,185 | Yes (X) | |||
| HORNER EDWARD | ||||||||
| EXEC VP DEVELOPMENT | 40.00 | $251,288 | $0 | $4,507 | Yes (X) | |||
| ROHRER RICHARD | ||||||||
| VP FINANCE AND OPERATIONS | 40.00 | $123,610 | $0 | $4,507 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $737,130 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $23,590 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 3 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| BLUE CROSS BLUE SHIELD | |||||
| 300 EAST RANDOLPH ST | CHICAGO | IL | 606015099 | MEDICAL INSURANCE | $440,057 |
| GALLERIA VENTURE LLP | |||||
| 4355 N RAVENSWOOD AVE | CHICAGO | IL | 60613 | RENT | $142,087 |
| 3 POINTS LLC | |||||
| 1100 JORIE BLVD STE 100 | OAKBROOK | IL | 60477 | COMPUTER SERVICES | $104,156 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $903,856 | FundraisingAmt |
| Government Grants | $2,000 | GovernmentGrantsAmt |
| All Other Contributions | $958,703 | AllOtherContributionsAmt |
| Total Contributions | $1,864,559 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TUITION - NET | Desc |
| Business | 611600 | BusinessCd |
| Total Revenue Column | $4,706,879 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,706,879 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $4,706,879 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $128,517 | TotalRevenueColumnAmt |
| Exclusion | $128,517 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $202,105 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $32,692 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $169,413 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $169,413 | TotalRevenueColumnAmt |
| Exclusion | $169,413 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $187 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $0 | SecuritiesAmt |
| Other | $1,723 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $187 | SecuritiesAmt |
| Other | -$1,723 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$1,536 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$1,536 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $135,749 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $903,856 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $135,749 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PERFORMANCE TICKET REV | 711190 | $21,919 | $21,919 |
| MISCELLANEOUS INCOME | 711190 | $4,900 | $4,900 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $26,819 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,894,651 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $4,732,162 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $297,930 | ExclusionAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,150,986 | TotalAmt |
| Program Services | $3,191,269 | ProgramServicesAmt |
| Management And General | $619,580 | ManagementAndGeneralAmt |
| Fundraising | $340,137 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $18,981 | TotalAmt |
| Program Services | $15,815 | ProgramServicesAmt |
| Management And General | $2,150 | ManagementAndGeneralAmt |
| Fundraising | $1,016 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $282,068 | TotalAmt |
| Program Services | $199,551 | ProgramServicesAmt |
| Management And General | $69,229 | ManagementAndGeneralAmt |
| Fundraising | $13,288 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $310,220 | TotalAmt |
| Program Services | $228,659 | ProgramServicesAmt |
| Management And General | $61,375 | ManagementAndGeneralAmt |
| Fundraising | $20,186 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $24,094 | TotalAmt |
| Management And General | $24,094 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,372 | TotalAmt |
| Management And General | $32,372 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,829 | TotalAmt |
| Management And General | $95,829 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,561 | TotalAmt |
| Program Services | $28,542 | ProgramServicesAmt |
| Management And General | $33,133 | ManagementAndGeneralAmt |
| Fundraising | $1,886 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $162,347 | TotalAmt |
| Program Services | $29,401 | ProgramServicesAmt |
| Management And General | $132,946 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $644,194 | TotalAmt |
| Program Services | $496,647 | ProgramServicesAmt |
| Management And General | $147,547 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,045 | TotalAmt |
| Management And General | $1,014 | ManagementAndGeneralAmt |
| Fundraising | $31 | FundraisingAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,689 | TotalAmt |
| Program Services | $6,771 | ProgramServicesAmt |
| Management And General | $918 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $293,502 | TotalAmt |
| Program Services | $293,502 | ProgramServicesAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| OTHER INSTITUTIONAL PRO | $250,260 | $250,260 | |
| CSI PROGRAM EXPENSES | $247,679 | $247,679 | |
| INSTRUCTIONAL EXPENSES | $170,085 | $170,085 | |
| RECRUITING & MARKETING | $27,800 | $27,800 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $67,662 | TotalAmt |
| Program Services | $15,488 | ProgramServicesAmt |
| Management And General | $50,147 | ManagementAndGeneralAmt |
| Fundraising | $2,027 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,850,374 | TotalAmt |
| Program Services | $5,173,669 | ProgramServicesAmt |
| Management And General | $1,298,134 | ManagementAndGeneralAmt |
| Fundraising | $378,571 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $241,529 | BOYAmt |
| EOY | $540,024 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $61,342 | BOYAmt |
| EOY | $38,399 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,267 | BOYAmt |
| EOY | $86,511 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,076 | BOYAmt |
| EOY | $41,382 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $10,145,595 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $3,809,793 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,553,966 | BOYAmt |
| EOY | $6,335,802 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,648,887 | BOYAmt |
| EOY | $3,408,783 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $360,145 | BOYAmt |
| EOY | $360,145 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,011,212 | BOYAmt |
| EOY | $10,811,046 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $309,812 | BOYAmt |
| EOY | $328,985 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $151,111 | BOYAmt |
| EOY | $118,538 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $676,049 | BOYAmt |
| EOY | $649,793 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,136,972 | BOYAmt |
| EOY | $1,097,316 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,209,461 | BOYAmt |
| EOY | $5,437,165 | EOYAmt |
Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,589,999 | BOYAmt |
| EOY | $1,193,615 | EOYAmt |
Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,074,780 | BOYAmt |
| EOY | $3,082,950 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,874,240 | BOYAmt |
| EOY | $9,713,730 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $11,011,212 | BOYAmt |
| EOY | $10,811,046 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $44,277 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$204,787 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| School | Yes (X) | SchoolInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,641,536 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,185,915 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,021,375 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,974,874 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,864,559 | CurrentTaxYearAmt |
| Total | $8,688,259 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,641,536 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,185,915 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,021,375 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,974,874 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,864,559 | CurrentTaxYearAmt |
| Total | $8,688,259 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | $8,688,259 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $70,888 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $76,167 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $115,850 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $113,528 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $128,517 | CurrentTaxYearAmt |
| Total | $504,950 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $48,765 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,160 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $53,030 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $59,480 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $26,819 | CurrentTaxYearAmt |
| Total | $224,254 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $9,417,463 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $23,688,022 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.92260 | PublicSupportCY170Pct |
| Public Support PY170 | 0.90600 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,664,779 | BeginningYearBalanceAmt |
| Contributions | $173,937 | ContributionsAmt |
| Investment Earnings Or Losses | -$108,916 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $453,235 | OtherExpendituresAmt |
| End Year Balance | $4,276,565 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,831,932 | BeginningYearBalanceAmt |
| Contributions | $39,467 | ContributionsAmt |
| Investment Earnings Or Losses | $350,415 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $557,035 | OtherExpendituresAmt |
| End Year Balance | $4,664,779 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,120,702 | BeginningYearBalanceAmt |
| Contributions | $335,175 | ContributionsAmt |
| Investment Earnings Or Losses | $31,351 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $655,296 | OtherExpendituresAmt |
| End Year Balance | $4,831,932 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,127,044 | BeginningYearBalanceAmt |
| Contributions | $538,628 | ContributionsAmt |
| Investment Earnings Or Losses | $384,102 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $929,072 | OtherExpendituresAmt |
| End Year Balance | $5,120,702 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $4,906,582 | BeginningYearBalanceAmt |
| Contributions | $483,727 | ContributionsAmt |
| Investment Earnings Or Losses | $359,819 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $623,084 | OtherExpendituresAmt |
| End Year Balance | $5,127,044 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.72090 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.27910 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,580,000 | OtherCostOrOtherBasisAmt |
| Book Value | $1,580,000 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $4,598,515 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,384,745 | DepreciationAmt |
| Book Value | $3,213,770 | BookValueAmt |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,609,358 | OtherCostOrOtherBasisAmt |
| Depreciation | $727,534 | DepreciationAmt |
| Book Value | $881,824 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $2,357,722 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,697,514 | DepreciationAmt |
| Book Value | $660,208 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $6,335,802 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MERRILL LYNCH INVESTMENTS | Desc |
| Book Value | $3,408,783 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $3,408,783 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID TUITION | Desc |
| Amt | $649,793 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $649,793 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $6,860,026 | TotalRevEtcAuditedFinclStmtAmt |
| Other Revenue | -$34,625 | OtherRevenueAmt |
| Revenue Not Reported | -$34,625 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,894,651 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,894,651 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,020,536 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $170,162 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $170,162 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,850,374 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,850,374 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL SPACE EXPENSE 32,692. ANNUAL GALA EXPENSE 135,749. UNREALIZED NET LOSS ON INVESTMENTS -204,787. LOSS ON DISPOSITION OF ASSETS 1,723. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | ANNUAL GALA EVENT EXPENSES 135,749. RENTAL SPACE EXPENSES 32,692. LOSS ON DISPOSITION OF ASSETS 1,723. UNREALIZED NET LOSS ON INVESTMENTS |
Schedule E IRS990ScheduleE
| Field | Value | IRS element (for citing) |
|---|---|---|
| Nondiscriminatory Policy Stmt | Yes (1) | NondiscriminatoryPolicyStmtInd |
| Policy Stmt In Brochures Etc | Yes (1) | PolicyStmtInBrochuresEtcInd |
| Plcy Pblczd Via Broadcast Media | Yes (1) | PlcyPblczdViaBroadcastMediaInd |
| Maintain Racial Comp Recs | Yes (1) | MaintainRacialCompRecsInd |
| Maintain Scholarships Recs | Yes (1) | MaintainScholarshipsRecsInd |
| Maintain Cpy Of Brochures Etc | Yes (1) | MaintainCpyOfBrochuresEtcInd |
| Maintain Cpy Of All Sol | Yes (1) | MaintainCpyOfAllSolInd |
| Discriminate Race Stdnts Rghts | 0 | DiscriminateRaceStdntsRghtsInd |
| Discriminate Race Admiss Plcy | 0 | DiscriminateRaceAdmissPlcyInd |
| Discriminate Race Emplm Fculty | 0 | DiscriminateRaceEmplmFcultyInd |
| Discriminate Race Schs | 0 | DiscriminateRaceSchsInd |
| Discriminate Race Educ Plcy | 0 | DiscriminateRaceEducPlcyInd |
| Discriminate Race Use Of Fclts | 0 | DiscriminateRaceUseOfFcltsInd |
| Discriminate Race Athlt Prog | 0 | DiscriminateRaceAthltProgInd |
| Discriminate Race Other Acty | 0 | DiscriminateRaceOtherActyInd |
| Government Financial Aid Rcvd | Yes (1) | GovernmentFinancialAidRcvdInd |
| Government Financial Aid Rvkd | 0 | GovernmentFinancialAidRvkdInd |
| Compliance With Rev Proc7550 | Yes (1) | ComplianceWithRevProc7550Ind |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| SCHEDULE E, PART I, LINE 3 | STUDENT SOLICITATION OCCURS MAINLY THROUGH THE WEBSITE WHERE THE POLICY IS CLEARLY DISCLOSED. |
| SCHEDULE E, PART I, LINE 6 | THE ILLINOIS ARTS COUNCIL AWARDED THE MUSIC INSTITUTE OF CHICAGO A GRANT OF $10,000. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | Yes (X) | MailSolicitationsInd |
| Phone Solicitations | Yes (X) | PhoneSolicitationsInd |
| In Person Solicitations | Yes (X) | InPersonSolicitationsInd |
| Solicitation Of Non Govt Grants | Yes (X) | SolicitationOfNonGovtGrantsInd |
| Solicitation Of Govt Grants | Yes (X) | SolicitationOfGovtGrantsInd |
| Special Fundraising Events | Yes (X) | SpecialFundraisingEventsInd |
| Agrmt Prof Fundraising Acty | 0 | AgrmtProfFundraisingActyInd |
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | ANNUAL BENEFIT | Event1Nm |
| Gross Receipts Event1 | $1,039,605 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $903,856 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $135,749 | GrossRevenueEvent1Amt |
| Food And Beverage Event1 | $67,386 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $68,363 | OtherDirectExpensesEvent1Amt |
| Gross Receipts Total | $1,039,605 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $903,856 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $135,749 | GrossRevenueTotalEventsAmt |
| Food And Beverage Total Events | $67,386 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $68,363 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $135,749 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $0 | NetIncomeSummaryAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Individual With Books | RICHARD ROHRER | IndividualWithBooksNm |
Persons With Books US Address PersonsWithBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1702 SHERMAN AVE | AddressLine1Txt |
| City | EVANSTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60201 | ZIPCd |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | 0 | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GEORGE MARK | ||||||||||||||
| PRESIDENT | $184,725 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4,185 | $0 | $188,910 | $0 | $0 | $0 |
| HORNER EDWARD | ||||||||||||||
| EXEC VP DEVELOPMENT | $251,288 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $4,507 | $0 | $255,795 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J #1B | FormAndLineReferenceDesc |
| Explanation | SUPPLEMENTAL INFORMATION: #1(B). THE POLICY IS NOT WRITTEN. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (3 entries)
| Relationship DescriptionRelationshipDescriptionTxt | TransactionTransactionAmt | TransactionTransactionDesc | Sharing Of RevenuesSharingOfRevenuesInd |
|---|---|---|---|
| RITA SPITZ | |||
| TRUSTEE | $187 | PARTNER IN THE FIRM WHO CLEARS STOCK DONATIONS FOR THE INSTITUTE. | 0 |
| SUSAN NOYES | |||
| TRUSTEE | $17,650 | PURCHASE OF ADVERTISING IN A MAGAZINE OWNED BY MS. NOYES. | 0 |
| WILLIAM GRAHAM | |||
| TRUSTEE | $421 | PURCHASE OF FOOD AND WINE FROM A STORE OWNED BY MR. GRAHAM. | 0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11 | A RESPONSIBLE INDIVIDUAL (OR GROUP) WITHIN THE ORGANIZATION IS DELEGATED TO REVIEW THE FORM 990 AND REPORT IN THE MINUTES OF A BOARD MEETING THAT THE FORM 990 HAS BEEN REVIEWED. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE INSTITUTE REQUIRES THAT EVERY BOARD MEMBER, OFFICER, AND KEY EMPLOYEE REPORT BUSINESS AND FAMILY RELATIONSHIPS TO THE INSTITUTE BY COMPLETING AN ANNUAL DISCLOSURE FORM. |
| FORM 990, PART VI, SECTION B, LINE 15A | A COMMITTEE COMPOSED OF INDEPENDENT MEMBERS OF THE MIC'S BOARD OF TRUSTEES IS RESPONSIBLE FOR HIRING THE CHIEF EXECUTIVE OFFICER AND FOR ANNUALLY REVIEWING AND APPROVING HIS/HER PERFORMANCE AND COMPENSATION AND THE COMPENSATION OF OTHER KEY MEMBERS OF MANAGEMENT. DATA FROM OTHER SIMILAR ORGANIZATIONS ACROSS THE COUNTRY ALONG WITH AVAILABLE INFORMATION ABOUT COMPARABLE POSITIONS IN THE CHICAGO AREA, COSTS OF LIVING, ETC. ARE USED IN COMPENSATION DETERMINATIONS. CONTEMPORANEOUS MINUTES OF THE MEETINGS OF THE COMMITTEE ARE MAINTAINED. |
| FORM 990, PART VI, SECTION C, LINE 19 | AVAILABLE UPON REQUEST FROM THE OFFICE IN EITHER HARD COPY OR IN ELECTRONIC FORMAT. ALSO AVAILABLE ON GUIDESTAR.ORG. |
| FORM 990 PART XII, LINE 2C: | THE INSTITUTE HAS A FINANCE COMMITTEE WHICH ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT, OF THE FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THERE HAS BEEN NO CHANGE IN THIS PROCESS. |