Musichorale Inc
- Assets
- $348.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oak Lawn, IL
- Founding
- 10/1972
- Data as of
- 04/2022
- EIN
- 36-6079453
Organization Overview
Musichorale Inc is located in Oak Lawn, IL. The organization was established in 1972. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, 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. Musichorale 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 04/2022, Musichorale Inc generated $18.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.4%) each year. All expenses for the organization totaled $6.0k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (18.4%) per year over the past 7 years. 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 |
|---|---|---|---|
Jeffrey Silhan President/di | 2 | $0 | |
Laura Nieciak Corp Sectry | 1 | $0 | |
Patricia Harthun Director | 1 | $0 | |
Teresa Michols Treasurer | 1 | $0 | |
Marilynn Larocco Director | 1 | $0 | |
Sarah Koehler Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,146 |
| Gain or Loss | $7,788 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,964 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $500 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,515 |
| Total expenses | $6,015 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $343,125 |
| Other assets | $0 |
| Total assets | $348,076 |
| Total liabilities | $2,880 |
| Net assets or fund balances | $345,196 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Uniting Voices Chicago, IL | $5,644,708 | $5,523,415 |
Indianapolis Childrens Choir Incorporated Indianapolis, IN | $2,588,853 | $1,634,208 |
St Louis Childrens Choirs Saint Louis, MO | $1,132,837 | $819,835 |
Heartland Sings Inc Fort Wayne, IN | $1,012,821 | $806,590 |
Heartland Mens Chorus Kansas City, MO | $1,030,553 | $861,236 |
Chicago A Cappella Chicago, IL | $680,172 | $466,829 |
Indianapolis Symphonic Choir Inc Indianapolis, IN | $1,174,245 | $854,950 |
Sounds Good Choir Nfp Downers Grove, IL | $2,341,821 | $486,305 |
Association For Surgical Education Inc Springfield, IL | $1,230,968 | $488,060 |
Young Naperville Singers Naperville, IL | $544,369 | $571,260 |
Fort Wayne Childrens Choir Inc Fort Wayne, IN | $764,243 | $488,167 |
St Charles Singers St Charles, IL | $102,391 | $355,463 |