77
Music Academy Nfp
Arts & Culture · Rockford, Illinois
226 S 2Nd St, Rockford, IL 61104-2064
EIN: 452281679· Founded: Jun 2011· 15 years active· Filing Year: 2024
Annual Revenue
$487K
Total Expenses
$527K
Total Assets
$137K
Program Spending
78%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$63K
12.0% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$323K
Total Payroll
$386K
73% of total expenses
Where the Money Goes
78%
Programs: 78%
Payroll: 73%
Other overhead: 22%
Program Revenue$412K (85%)
Total Expenses$527K (100%)
Payroll$386K (73%)
Overhead (non-program)22%
Trust Score Breakdown
Program Spending Ratio
78% of expenses go to programs
Revenue & Stability
$487K annual revenue
Executive Compensation
$63K total officer comp (12.0% of expenses)
Filing Recency
Most recent filing: 2024
Asset Strength
$137K in assets
Data from IRS Form 990 filing (2024). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.