72
Music Institute Of Chicago
Arts & Culture · Evanston, Illinois
622 Davis St Fl 4, Evanston, IL 60201-4491
EIN: 362374224· Founded: Feb 1957· 69 years active· Filing Year: 2023
Annual Revenue
$6.7M
Total Expenses
$8.1M
Total Assets
$10.5M
Program Spending
63%
of expenses go to programs
Compensation & Payroll
Total Officer Compensation
$676K
8.4% of total expenses
All officers, directors, and key employees combined
Other Salaries & Wages
$3.9M
Total Payroll
$4.6M
57% of total expenses
Where the Money Goes
63%
Programs: 63%
Payroll: 57%
Other overhead: 37%
Program Revenue$5.0M (76%)
Total Expenses$8.1M (100%)
Payroll$4.6M (57%)
Overhead (non-program)37%
Trust Score Breakdown
Program Spending Ratio
63% of expenses go to programs
Revenue & Stability
$6.7M annual revenue
Executive Compensation
$676K total officer comp (8.4% of expenses)
Filing Recency
Most recent filing: 2023
Asset Strength
$10.5M in assets
Data from IRS Form 990 filing (2023). Trust scores are calculated from public financial data and do not constitute endorsement or investment advice.