Chicago School Of Violin Making Inc is located in Skokie, IL. The organization was established in 2004. According to its NTEE Classification (B30) the organization is classified as: Vocational & Technical Schools, under the broad grouping of Education and related organizations. As of 12/2021, Chicago School Of Violin Making Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago School Of Violin Making Inc 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, Chicago School Of Violin Making Inc generated $411.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $359.3k during the year ending 12/2021. While expenses have increased by 0.9% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE CHICAGO SCHOOL OF VIOLIN MAKING PROVIDES TRAINING IN VIOLIN MAKING TO A DIVERSE AND INTERNATIONAL STUDENT BODY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ENTITY OPERATES A SCHOOL, DERIVING REVENUE FROM TUITION AND INSTRUMENT SALES, AND MAINTAINS A PROGRAM TO TRAIN INDIVDIDUALS IN ASPECTS OF MAKING VIOLINS AND RELATED INSTRUMENTS BY HAND.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Antoine Nedelec Executive Di | Officer | 40 | $78,816 |
Petio Kostov Vice Preside | OfficerTrustee | 1 | $0 |
Peter Seman President | OfficerTrustee | 1 | $0 |
Robyn Sullivan Secretary | OfficerTrustee | 1 | $0 |
John Sagos Treasurer | OfficerTrustee | 1 | $0 |
James N Zartman Director | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $47,900 |
All other contributions, gifts, grants, and similar amounts not included above | $38,436 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $86,336 |
Total Program Service Revenue | $288,410 |
Investment income | $31,928 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $132 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $4,438 |
Miscellaneous Revenue | $0 |
Total Revenue | $411,244 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $78,816 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $138,674 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $20,060 |
Payroll taxes | $16,697 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,830 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $14,350 |
Advertising and promotion | $945 |
Office expenses | $4,012 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $24,145 |
Travel | $5,682 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $20,301 |
Insurance | $8,345 |
All other expenses | $1,453 |
Total functional expenses | $359,294 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $154,059 |
Savings and temporary cash investments | $14,007 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $8,686 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $70,040 |
Prepaid expenses and deferred charges | $4,841 |
Net Land, buildings, and equipment | $283,253 |
Investments—publicly traded securities | $744,492 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $26,000 |
Other assets | $0 |
Total assets | $1,305,378 |
Accounts payable and accrued expenses | $38,080 |
Grants payable | $0 |
Deferred revenue | $1,700 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $39,780 |
Net assets without donor restrictions | $1,251,591 |
Net assets with donor restrictions | $14,007 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $1,305,378 |
Over the last fiscal year, we have identified 1 grants that Chicago School Of Violin Making Inc has recieved totaling $36.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Beg. Balance | $514,452 |
Earnings | $67,672 |
Net Contributions | $70,000 |
Other Expense | $20,500 |
Ending Balance | $631,624 |
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