New Music Chicago
- Assets
- $37.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/2006
- Data as of
- 12/2021
- EIN
- 05-0627751
Organization Overview
New Music Chicago is located in Chicago, IL. The organization was established in 2006. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Music Chicago is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, New Music Chicago generated $170.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $301.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennie Oh-Brown Director | 0 | $7,000 | |
Marianne Parker President | 0 | $1,250 | |
Ben Zucker Vice Preside | 0 | $900 | |
Eugenia Jeong Secretary | 0 | $0 | |
Tricia Park Director | 0 | $0 | |
Mark Mellits Membership C | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,461 |
| Total Program Service Revenue | $29,652 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $170,113 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $205,250 |
| Occupancy, rent, utilities, and maintenance | $49,635 |
| Printing, publications, postage, and shipping | $3,147 |
| Other expenses | $43,542 |
| Total expenses | $301,574 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $37,227 |
| Other assets | $0 |
| Total assets | $37,227 |
| Total liabilities | $110 |
| Net assets or fund balances | $37,117 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that New Music Chicago has recieved totaling $6,000.
| Awarding Organization | Amount |
|---|---|
New Music Usa Inc New York, NY PURPOSE: ORGANIZATIONAL DEVELOPMENT FUND | $6,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Iowa County Recorders Association Ottumwa, IA | $2,929,223 | $39,789,803 |
Milwaukee World Festival Inc Milwaukee, WI | $107,459,917 | $5,773,948 |
Grant Park Orchestral Association Chicago, IL | $15,259,948 | $7,547,765 |
Jazz St Louis St Louis, MO | $11,818,193 | $2,884,733 |
Chicago Sinfonietta Inc Chicago, IL | $3,675,444 | $3,506,738 |
Ragtag Film Society Columbia, MO | $1,382,564 | $1,866,748 |
Percussive Arts Society Inc Indianapolis, IN | $5,047,679 | $2,367,696 |
Music Of The Baroque Concert Series Inc Chicago, IL | $2,610,285 | $1,900,263 |
Radio Arts Foundation Clayton, MO | $3,517,540 | $1,458,263 |
Great American Songbook Foundation Inc Carmel, IN | $8,944,393 | $1,441,715 |
Glenview Stars Hockey Assn 5 Glenview Ice Center Glenview, IL | $561,491 | $1,280,609 |
Saturday In The Park Inc Sioux City, IA | $111,911 | $911,266 |