AArts, Culture & HumanitiesEIN: 362374224· Ruling Year: 1957

Music Institute Of Chicago

Evanston, Illinois

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 2 peers in Arts, Culture & Humanities with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.06×
Peer Median210.95×
💰
$6.7M
Total Revenue
📊
$8.1M
Total Expenses
🏦
$8.5M
Net Assets
📋
$2.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-19.8%
Year-over-year change (2022 → 2023)
Net Margin
-20.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.06
Net assets divided by total expenses
Liabilities-to-Assets
18.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,681,83620%$8,058,70612%$10,500,3716%
2022$8,335,24019%$7,217,5768%$11,160,0301%
2021$7,011,36423%$6,712,1363%$11,276,1245%
2020$9,121,83937%$6,908,6844%$10,694,67321%
2019$6,676,6625%$7,182,259$8,864,0852%
2018$6,375,6201%$7,215,9322%$9,069,2359%
2017$6,424,8999%$7,096,6038%$9,974,0263%
2016$5,895,09914%$6,572,6744%$10,238,2065%
2015$6,894,6512%$6,850,3743%$10,811,0462%
2014$6,734,765$7,072,8882%$11,011,2122%
2013$6,736,3848%$7,250,6353%$11,247,0115%
2012$7,300,96816%$7,487,6141%$11,791,1641%
2011$8,671,421$7,394,991$11,719,799

Frequently Asked Questions

What does Music Institute Of Chicago do?

Music Institute Of Chicago is a arts, culture & humanities nonprofit organization based in Illinois. It is classified under NTEE code A250 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Music Institute Of Chicago financially healthy?

Based on our 9-metric Financial Health Score model, Music Institute Of Chicago has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Music Institute Of Chicago generate?

Music Institute Of Chicago reports $7.1M in annual revenue and holds $10.8M in total assets, based on IRS filings.

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Music Institute Of Chicago — Evanston, IL | GiveScope