Nonprofits›Musical Arts Institute

Arts, Culture & Humanities

Musical Arts Institute

CHICAGO, IL

Website

Total revenue

$882K

Total expenses

$807K

Net assets

$178K

Grants received

$1.3M

40 grants

EIN

300603029

Tax year

2024

Mission

Musical arts institute provides intensive private and group training, after school programming and other specialized learning opportunities for youth. We serve culturally and economically underserved communities where access to high quality music is limited.

Financials

FY 2024

Revenue

Contributions & grants$574K
Program service revenue$292K
Investment income—
Other revenue$15K
Total revenue$882K

Expenses

Grants paid—
Salaries & benefits$408K
Fundraising$45K
Other expenses$399K
Total expenses$807K
Total assets$683K
Net assets$178K

People

10 listed

NameRoleCompensation

Lana Manson

Finance Executive

Board

$48K

40 hrs/wk

Michael Manson

Executive Director

Board

$43K

52 hrs/wk

Adrianne Jones

Board Vice Chairman

Board

—

2 hrs/wk

Sharon Johnson

Secretary

Board

—

2 hrs/wk

Delvert Cole

Treasurer

Board

—

2 hrs/wk

Erick Nickerson

Member

Board

—

2 hrs/wk

Dr Deborah Eldridge

Member

Board

—

2 hrs/wk

Derrick Buckingham

Member

Board

—

2 hrs/wk

Dr Arnold Damon

Member

Board

—

2 hrs/wk

Dr Eric Barnes

Member

Board

—

2 hrs/wk

Grants received

Showing 40 of 40

FromAmountPurposeYear
IFF
$75K
Cost for acquiring equipment and/or facilities rehab cost as part of the grant
2024
SURACK FAMILY FOUNDATION INC
$50K
DONATION TO THE ANNUAL FUND 2024
2024
THE SEABURY FOUNDATION
$10K
GENERAL OPERATING
2024
FIELD FOUNDATION OF ILLINOIS
$50K
OPERATING - FUNDING FOR ONGOING OPERATIONS OF THE ORGANIZATION
2023
SURACK FAMILY FOUNDATION INC
$50K
SPONSORSHIP GALA
2023
ELIZABETH MORSE GENIUS CHARITABLE TRUST
$20K
SUPPORT SERVICES FOR CMR
2023
THE SEABURY FOUNDATION
$10K
PANEL DISCUSSION HONORARIUM, GENERAL OPERATING
2023
The Chicago Community Trust
$10K
General support for programs, operations and other charitable purposes
2023
The Albert Pick Jr Fund
$10K
Chicago Music Reach fund
2023
Enterprise Holdings Foundation
$3K
Program Support
2023
Genesis Inspiration Foundation
$100K
Grant to arts programming at the community level for youth
2022
LLOYD A FRY FOUNDATION
$30K
FOR CHICAGO MUSIC REACH/MUSIC CONSERVATORY
2022
ELIZABETH MORSE GENIUS CHARITABLE TRUST
$25K
SUPPORT AFTER SCHOOL MUSIC
2022
Polk Bros Foundation Inc
$25K
Arts Access and Learning
2022
JOHN AND NANCY HUGHES
$13K
OPERATING FUND
2022
PlusOnePlusOnePlusOne
$10K
Black Creatives
2022
THE SEABURY FOUNDATION
$10K
GENERAL OPERATING
2022
The Albert Pick Jr Fund
$10K
Cultural Institutions
2022
NETWORK FOR GOOD
$8K
UNRESTRICTED
2022
DEKALB COUNTY COMMUNITY FOUNDATION
$8K
GENERAL SUPPORT
2022
LES PAUL FOUNDATION
$3K
SUPPORTING FUNDS FOR MUSIC PROGRAMS
2022
IFF
$350K
Working Capital as part of the CCT program grant
2021
LLOYD A FRY FOUNDATION
$30K
FOR AFTER SCHOOL MUSIC PROGRAM (ASMP)
2021
SURACK FAMILY FOUNDATION INC
$25K
GENERAL ADMINISTRATION SUPPORT
2021
Polk Bros Foundation Inc
$25K
Arts Access and Learning
2021
PlusOnePlusOnePlusOne
$25K
Black Creatives
2021
The Chicago Community Trust
$17K
In Support of the Teaching Artist Professional Development Program.
2021
The Chicago Community Trust
$17K
In Support of the Teaching Artist Professional Development Program.
2021
NETWORK FOR GOOD
$7K
UNRESTRICTED
2021
The Chicago Community Trust
$30K
TO SUPPORT SMART GROWTH PROGRAM
2020
Polk Bros Foundation Inc
$25K
Arts Access and Learning
2020
LLOYD A FRY FOUNDATION
$20K
For support of After School Music Program
2020
DEKALB COUNTY COMMUNITY FOUNDATION
$10K
GENERAL SUPPORT
2020
THE SPENCER FOUNDATION
$5K
Chicago Education Community Micro-Grant for Musical Arts Institute
2020
Andrew Family Foundation
$500
General & Unrestricted
2020
The Chicago Community Trust
$52K
GENERAL OPERATING SUPPORT
2019
DEKALB COUNTY COMMUNITY FOUNDATION
$8K
GENERAL SUPPORT
2019
The Chicago Community Trust
$50K
SMART GROWTH PROGRAM
2018
The Springboard Foundation
$15K
General Operating Support
2017
The Chicago Community Trust
$11K
GENERAL OPERATING SUPPORT
2017

Funded by

$1.3M from 19 funders · 40 grants · 2017–2024

Iff

$425K · 2 grants · 2021–2024

The Chicago Community Trust

$187K · 7 grants · 2017–2023

Surack Family Foundation Inc

$125K · 3 grants · 2021–2024

Genesis Inspiration Foundation

$100K · 1 grant · 2022

Lloyd A Fry Foundation

$80K · 3 grants · 2020–2022

Polk Bros Foundation Inc

$75K · 3 grants · 2020–2022

Field Foundation Of Illinois

$50K · 1 grant · 2023

Elizabeth Morse Genius Charitable Trust

$45K · 2 grants · 2022–2023

Details

EIN300603029
NTEE codeA68
Subsection03
Ruling date2010-06
Formed2010
Employees16
Volunteers159
MUSICAL ARTS INSTITUTE — Mission, Financials & Grants Received | Grantivo