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
2022-08-01
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
$8,335,240
2022
Total expenses
$7,217,576
2022
Total assets
$11,160,030
2022
Num. employees
218
2022

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$220,000
Negaunee FoundationRestricted Use$200,000
Negaunee FoundationUnrestricted Use$60,000
...and 36 more grants received totalling $893,460

Personnel at MIC

NameTitleCompensation
Mark GeorgePresident and Chief Executive Officer$202,152
Sue PolutnikVice President and Chief Operating Officer$106,316
Marcia RubinVice President and Chief Financial Officer$129,939
Jennifer BienemannVice President and Chief Development
Kevin HarrisonDirector of Operations, Nichols Concert
...and 24 more key personnel

Financials for MIC

RevenuesFYE 08/2022
Total grants, contributions, etc.$3,388,710
Program services$4,849,441
Investment income and dividends$127,291
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$126,262
Net gain from sale of non-inventory assets$-120,834
Net income from fundraising events$-37,939
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$2,309
Total revenues$8,335,240

Form 990s for MIC

Fiscal year endingDate received by IRSFormPDF link
2022-082023-07-13990View PDF
2021-082022-07-15990View PDF
2020-082021-07-15990View PDF
2019-082021-02-09990View PDF
2018-082019-05-14990View PDF
...and 8 more Form 990s
Data update history
January 18, 2024
Updated personnel
Identified 12 new personnel
January 3, 2024
Received grants
Identified 13 new grant, including a grant for $220,000 from John D and Alexandra Nichols Family Foundation
October 23, 2023
Received grants
Identified 3 new grant, including a grant for $40,000 from The Chicago Community Trust
August 24, 2023
Posted financials
Added Form 990 for fiscal year 2022
August 19, 2023
Updated personnel
Identified 2 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 donations
General information
Address
1702 Sherman Ave
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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