Merit School Of Music
Chicago, Illinois
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Excellent
How This Organization Compares
Compared to 25 peers in Arts, Culture & Humanities with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $11,718,289↑78% | $8,391,535↑4% | $35,999,488↑11% | |
| 2022 | $6,571,408↓35% | $8,085,007↑14% | $32,406,157↓6% | — |
| 2021 | $10,166,594↑1067% | $7,114,338↑610% | $34,329,132↑10% | — |
| 2020 | $871,543↓88% | $1,002,234↓86% | $31,237,141↑3% | — |
| 2020 | $7,569,381↓35% | $7,130,452↑4% | $30,325,309↑5% | — |
| 2019 | $11,667,837↑75% | $6,833,803↓2% | $28,772,667↑20% | — |
| 2018 | $6,683,559↑3% | $6,980,226↑3% | $23,995,336↑3% | — |
| 2017 | $6,490,989↓10% | $6,758,072↓1% | $23,374,033↑4% | — |
| 2016 | $7,191,324↑17% | $6,851,311↑3% | $22,535,419 | — |
| 2015 | $6,133,137↓12% | $6,643,261↓2% | $22,552,655↓1% | — |
| 2014 | $6,948,146↑26% | $6,766,863↑8% | $22,812,505↑8% | — |
| 2013 | $5,528,982↓11% | $6,280,014↑5% | $21,092,246↓5% | — |
| 2012 | $6,179,062↑10% | $6,008,055↑2% | $22,261,661↓2% | — |
| 2011 | $5,624,646 | $5,909,196 | $22,626,145 | — |
Frequently Asked Questions
What does Merit School Of Music do?▼
Merit School Of Music is a arts, culture & humanities nonprofit organization based in Illinois. It is classified under NTEE code A6E0 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Merit School Of Music financially healthy?▼
Based on our 9-metric Financial Health Score model, Merit School Of Music has a score of 85/100 (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 Merit School Of Music generate?▼
Merit School Of Music reports $16.0M in annual revenue and holds $43.0M in total assets, based on IRS filings.
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