Conservatory Of Central Illinois
- Assets
- $7.5k
- Revenue
- $135.0k
- Investments
- $0.0
- Employees
- 17
- Location
- Champaign, IL
- Founding
- 10/1987
- Data as of
- 07/2021
- EIN
- 37-1199216
Organization Overview
Conservatory Of Central Illinois is located in Champaign, IL. The organization was established in 1987. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 07/2021, Conservatory Of Central Illinois employed 17 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Conservatory Of Central Illinois 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 07/2021, Conservatory Of Central Illinois generated $135.0k 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 (10.2%) each year. All expenses for the organization totaled $165.3k during the year ending 07/2021. As we would expect to see with falling revenues, expenses have declined by (6.2%) per year over the past 5 years. 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
MUSIC INSTRUCTION TO PROVIDE QUALITY MUSIC INSTRUCTION & EXPERIENCES TO STUDENTS & TO PROVIDE FREQUENT PERFORMANCES FOR BENEIFT OF THE GENERAL PUBLIC
Describe the Organization's Program Activity:
Part 3 - Line 4a
MUSIC INSTRUCTION TO PROVIDE QUALITY MUSIC INSTRUCTION & EXPERIENCES TO STUDENTS & TO PROVIDE FREQUENT PERFORMANCES FOR BENEIFT OF THE GENERAL PUBLIC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jo Ellen Devlibiss Executive Director | Officer | 25 | $12,163 |
Lynn Nguyen President | OfficerTrustee | 1 | $0 |
Michael Murphy Secretary | OfficerTrustee | 1 | $0 |
Scott Potenberg Treasurer | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $9,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $21,600 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,000 |
| Total Program Service Revenue | $103,413 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $135,030 |
| 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. | $49,922 |
| Compensation of current officers, directors, key employees. | $424 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $39,511 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,682 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,043 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,070 |
| Office expenses | $1,307 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $33,863 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $716 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $584 |
| Insurance | $3,815 |
| All other expenses | $1,175 |
| Total functional expenses | $165,295 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,498 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $719 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $166 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $2,084 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,467 |
| Accounts payable and accrued expenses | $12,175 |
| Grants payable | $0 |
| Deferred revenue | $117 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $8,000 |
| Secured mortgages and notes payable | $17,519 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $181,010 |
| Total liabilities | $218,821 |
| Net assets without donor restrictions | -$211,954 |
| Net assets with donor restrictions | $600 |
| 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 | $7,467 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Conservatory Of Central Illinois has recieved totaling $210.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $210 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Old Town School Of Folk Music Inc Chicago, IL | $26,291,664 | $13,585,929 |
Merit School Of Music Chicago, IL | $32,406,157 | $6,571,408 |
Wisconsin Conservatory Of Music Inc Milwaukee, WI | $12,916,262 | $4,546,941 |
Peoples Music School Inc Chicago, IL | $5,536,992 | $3,227,151 |
The Patrick G and Shirley W Ryan Opera Center Chicago, IL | $0 | $2,321,702 |
Preucil School Of Music Iowa City, IA | $5,696,584 | $1,870,215 |
Kentucky Music Educators Assn Inc Richmond, KY | $990,506 | $1,002,541 |
Hyde Park School Of Dance Chicago, IL | $889,337 | $1,144,142 |
Dayspring School Of The Arts Maryland Heights, MO | $2,572,227 | $1,177,461 |
Suzuki-Orff School For Young Musicians Chicago, IL | $442,454 | $1,030,627 |
Woodlawn Arts Academy Sterling, IL | $415,650 | $718,677 |
Wausau Conservatory Of Music Inc Wausau, WI | $2,318,265 | $970,609 |