2016-02-18T15:22:57-06:00 2015-08-31 362152389 BANSLEY AND KIENER LLP 8745 W HIGGINS RD STE 200 CHICAGO IL 606312704 990 2014-09-01 362374224 MUSIC INSTITUTE OF CHICAGO MUSI 8479051500 1702 SHERMAN EVANSTON IL 60201 DR MARK GEORGE PRESIDENT 8479051500 2016-02-11 1 ROBERT J MARSCHALK P00017842 3122632700 2016-02-11 2014 2016-08-17 19:52:53Z DR MARK GEORGE 1702 SHERMAN EVANSTON IL 60201 7064815 0 X WWW.MUSICINST.ORG X 1931 IL MUSIC EDUCATION, CLINICAL SERVICES/CREATIVE ARTS THERAPY, CULTURAL PROGRAMMING FOR THE PUBLIC. 18 18 252 350 0 0 1832202 1864559 4726131 4706879 112404 126981 64028 196232 6734765 6894651 0 0 0 0 4848040 4762255 0 0 378571 2224848 2088119 7072888 6850374 -338123 44277 11011212 10811046 1136972 1097316 9874240 9713730 X 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. 0 0 4540990 4107357 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. 632679 624805 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. 5173669 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 92 0 1 252 1 0 0 0 0 0 1 1 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL X X RICHARD ROHRER VP FIN & OPS 8479051500 1702 SHERMAN AVE EVANSTON IL 60201 POLUTNIK SUE VP ADMINISTRATION 40.00 X 85698 0 4507 GOLUB ELLIOTT TRUSTEE 1.00 X 0 0 0 HEROY DAVID TRUSTEE 1.00 X 0 0 0 JOHNSTONMARLOU TRUSTEE 1.00 X 0 0 0 MABIE KAY TRUSTEE 1.00 X 0 0 0 NICHOLS ALEXANDRA CHAIR, EMERITA 1.00 X X 0 0 0 NOYES SUSAN TRUSTEE 1.00 X 0 0 0 BARTTER MARILYN VICE CHAIR, TRUSTEE 1.00 X 0 0 0 PUTH BETSY TRUSTEE 1.00 X 0 0 0 SCHMITT BARBARA TRUSTEE 1.00 X 0 0 0 SPITZ RITA TRUSTEE 1.00 X X 0 0 0 CALIAN JILL TRUSTEE 1.00 X 0 0 0 GRAHAM WILLIAM S VICE CHAIR, TRUSTEE 1.00 X 0 0 0 STEPHENS LINDA TRUSTEE 1.00 X 0 0 0 THOMAS SUNITHA C TREASURER,TRUSTEE 1.00 X 0 0 0 STODDART LEE ANNE TRUSTEE 1.00 X 0 0 0 IRWIN BARBARA JANE CHAIR, TRUSTEE 1.00 X 0 0 0 SHILLING ELISA TRUSTEE 1.00 X 0 0 0 PAI SAVITRI SECRETARY, TRUSTEE 1.00 X 0 0 0 BIRD CHRISTOPHER G TRUSTEE 1.00 X 0 0 0 DUBIN HOWARD TRUSTEE 1.00 X 0 0 0 ABRAHAM EMILY VP ACADEMIC AFFAIRS 40.00 X 91809 0 5884 GEORGE MARK PRESIDENT 40.00 X 184725 0 4185 HORNER EDWARD EXEC VP DEVELOPMENT 40.00 X 251288 0 4507 ROHRER RICHARD VP FINANCE AND OPERATIONS 40.00 X 123610 0 4507 737130 0 23590 3 0 1 0 BLUE CROSS BLUE SHIELD 300 EAST RANDOLPH ST CHICAGO IL 606015099 MEDICAL INSURANCE 440057 GALLERIA VENTURE LLP 4355 N RAVENSWOOD AVE CHICAGO IL 60613 RENT 142087 3 POINTS LLC 1100 JORIE BLVD STE 100 OAKBROOK IL 60477 COMPUTER SERVICES 104156 3 903856 2000 958703 1864559 TUITION - NET 611600 4706879 4706879 4706879 128517 128517 202105 32692 169413 169413 169413 187 0 1723 187 -1723 -1536 -1536 135749 903856 135749 0 PERFORMANCE TICKET REV 711190 21919 21919 MISCELLANEOUS INCOME 711190 4900 4900 26819 6894651 4732162 0 297930 4150986 3191269 619580 340137 18981 15815 2150 1016 282068 199551 69229 13288 310220 228659 61375 20186 24094 24094 32372 32372 95829 95829 63561 28542 33133 1886 162347 29401 132946 644194 496647 147547 1045 1014 31 7689 6771 918 293502 293502 OTHER INSTITUTIONAL PRO 250260 250260 CSI PROGRAM EXPENSES 247679 247679 INSTRUCTIONAL EXPENSES 170085 170085 RECRUITING & MARKETING 27800 27800 67662 15488 50147 2027 6850374 5173669 1298134 378571 241529 540024 61342 38399 104267 86511 41076 41382 10145595 3809793 6553966 6335802 3648887 3408783 360145 360145 11011212 10811046 309812 328985 151111 118538 676049 649793 1136972 1097316 X 5209461 5437165 1589999 1193615 3074780 3082950 9874240 9713730 11011212 10811046 44277 -204787 0 X X 0 1 X 1 0 X 2641536 1185915 1021375 1974874 1864559 8688259 2641536 1185915 1021375 1974874 1864559 8688259 8688259 70888 76167 115850 113528 128517 504950 48765 36160 53030 59480 26819 224254 9417463 23688022 0.92260 0.90600 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4664779 173937 -108916 453235 4276565 4831932 39467 350415 557035 4664779 5120702 335175 31351 655296 4831932 5127044 538628 384102 929072 5120702 4906582 483727 359819 623084 5127044 0.72090 0.27910 0 0 1580000 1580000 4598515 1384745 3213770 1609358 727534 881824 2357722 1697514 660208 6335802 MERRILL LYNCH INVESTMENTS 3408783 F 3408783 PREPAID TUITION 649793 649793 6860026 -34625 -34625 6894651 0 6894651 7020536 170162 170162 6850374 0 6850374 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 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 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. X X X X X X 0 ANNUAL BENEFIT 1039605 903856 135749 67386 68363 1039605 903856 135749 67386 68363 135749 0 RICHARD ROHRER 1702 SHERMAN AVE EVANSTON IL 60201 X 0 1 X X X 0 0 0 0 0 0 0 0 0 GEORGE MARK PRESIDENT 184725 0 0 0 0 0 0 0 4185 0 188910 0 0 0 HORNER EDWARD EXEC VP DEVELOPMENT 251288 0 0 0 0 0 0 0 4507 0 255795 0 0 0 SCHEDULE J #1B SUPPLEMENTAL INFORMATION: #1(B). THE POLICY IS NOT WRITTEN. RITA SPITZ TRUSTEE 187 PARTNER IN THE FIRM WHO CLEARS STOCK DONATIONS FOR THE INSTITUTE. 0 SUSAN NOYES TRUSTEE 17650 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 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.