Civic Intelligence

Accessible Contemporary Music

EIN 20-1458881 • 501(c)3 • Chicago, IL

Profile

To promote the music of living composers through concerts, educational programs and by fostering new works by composers at all levels of development.

1758 West Wilson AvenueChicago, IL 60640

www.acmusic.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

78th percentile

0.39x

Higher debt load relative to assets than 78% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

71st percentile

0.27x

Higher debt load relative to revenue than 71% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

66th percentile

14%

Higher net margin than 66% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

81st percentile

23%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

57th percentile

11%

Faster revenue growth than 57% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$696,818

Up $130,098 (+23%) from 2023

Liabilities

Down

$272,655

Down $13,811 (-4.8%) from 2023

Net Assets

Up

$424,163

Up $143,909 (+51%) from 2023

Revenue

Up

$1,022,203

Up $100,701 (+11%) from 2023

Expenses

Down

$878,294

Down $499 (-0.1%) from 2023

Net Income

Up

$143,909

Up $101,200 (+237%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$800K$600K$400K$200K$0-$200KAssets 2011: $10,239Liabilities 2011: $6,4002011Assets 2012: $6,185Liabilities 2012: $5,950Net Assets 2012: $2352012Assets 2013: $12,050Liabilities 2013: $1,500Net Assets 2013: $10,5502013Assets 2015: $16,033Liabilities 2015: $16,178Net Assets 2015: -$1452015Assets 2016: $37,435Liabilities 2016: $11,358Net Assets 2016: $26,0772016Assets 2017: $47,792Liabilities 2017: $11,167Net Assets 2017: $36,6252017Assets 2018: $36,947Liabilities 2018: $7,863Net Assets 2018: $29,0842018Assets 2019: $101,246Liabilities 2019: $4,115Net Assets 2019: $97,1312019Assets 2020: $358,965Liabilities 2020: $117,199Net Assets 2020: $241,7662020Assets 2021: $312,653Liabilities 2021: $3,707Net Assets 2021: $308,9462021Assets 2022: $356,954Liabilities 2022: $71,102Net Assets 2022: $285,8522022Assets 2023: $566,720Liabilities 2023: $286,466Net Assets 2023: $280,2542023Assets 2024: $696,818Liabilities 2024: $272,655Net Assets 2024: $424,1632024

Highlighted filing

2024

Assets$696,818
Liabilities$272,655
Net Assets$424,163

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2011: $167,644Expenses 2011: $160,869Net Income 2011: $6,7752011Revenue 2012: $202,177Expenses 2012: $94,160Net Income 2012: $108,0172012Revenue 2013: $321,363Expenses 2013: $225,209Net Income 2013: $96,1542013Revenue 2015: $409,399Expenses 2015: $408,064Net Income 2015: $1,3352015Revenue 2016: $457,303Expenses 2016: $442,248Net Income 2016: $15,0552016Revenue 2017: $529,375Expenses 2017: $518,827Net Income 2017: $10,5482017Revenue 2018: $580,315Expenses 2018: $579,356Net Income 2018: $9592018Revenue 2019: $717,383Expenses 2019: $649,336Net Income 2019: $68,0472019Revenue 2020: $747,759Expenses 2020: $603,124Net Income 2020: $144,6352020Revenue 2021: $895,582Expenses 2021: $828,402Net Income 2021: $67,1802021Revenue 2022: $824,216Expenses 2022: $847,310Net Income 2022: -$23,0942022Revenue 2023: $921,502Expenses 2023: $878,793Net Income 2023: $42,7092023Revenue 2024: $1,022,203Expenses 2024: $878,294Net Income 2024: $143,9092024

Highlighted filing

2024

Revenue$1,022,203
Expenses$878,294
Net Income$143,909

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.70$0.27$0.42$1.02$0.88$0.14
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.57$0.29$0.28$0.92$0.88$0.04
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.07$0.29$0.82$0.85$0.02
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.31$0.00$0.31$0.90$0.83$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.36$0.12$0.24$0.75$0.60$0.14
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$0.72$0.65$0.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.01$0.03$0.58$0.58$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.05$0.01$0.04$0.53$0.52$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.04$0.01$0.03$0.46$0.44$0.02
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.02$0.02$0.00$0.41$0.41$0.00
2013Summary only. Only limited summary data is available for this year.$0.01$0.00$0.01$0.32$0.23$0.10
2012Summary only. Only limited summary data is available for this year.$0.01$0.01$0.00$0.20$0.09$0.11
2011Summary only. Only limited summary data is available for this year.$0.01$0.01$0.17$0.16$0.01
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Aug 17, 2023
Return Version
2022v5.0
Gross Receipts
$824,216
Mission and Program Overview

Mission

To promote the music of living composers through concerts, educational programs and by fostering new works by composers at all levels of development.

To promose the music of living composers through concerts, educational programs and by fostering new works by composers at all levels of development.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$151,036$155,103▲ $4,067
Savings and Temporary Cash Investments$125,178$118,030▼ $7,148
Accounts Receivable-$30,000-
Pledges and Grants Receivable$18,700$17,150▼ $1,550
Cash and Non-Interest-Bearing Accounts-$15,248-
Inventories for Sale or Use$3,589$5,373▲ $1,784
Total Assets$312,653$356,954▲ $44,301
Other Assets Total$14,150$16,050▲ $1,900
Liabilities
Unsecured Notes Loans Payable-$61,500-
Accounts Payable and Accrued Expenses$3,707$9,602▲ $5,895
Other Liabilities$0$0→ $0
Total Liabilities$3,707$71,102▲ $67,395
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$308,946$268,702▼ $40,244
Net Assets With Donor Restrictions$0$17,150▲ $17,150
Total Net Assets Fund Balance$308,946$285,852▼ $23,094
Total Liabilities and Net Assets / Fund Balance$312,653$356,954▲ $44,301

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$140,697$29,175$169,872
Equipment$14,406$28,939$43,345
Buildings$0$0$0
Other Land Buildings$0$0$0
Land$0-$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Seth BousteadExecutive DirectorFT$62,800$62,800

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$220,863
Program Service Revenue
$597,411
Investment Income
$22
Other Revenue
$5,920
All Other Contributions
$220,863
Change in Net Assets
$-23,094

Audited Revenue Reconciliation

Revenue per Audited Statements
$824,216
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$824,216
Total Revenue per Form 990
$824,216
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$488,723
Other Expenses$358,587
Total Fundraising Expense$39,830
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$371,945$0$26,262$398,207
Occupancy$84,636$22,843$0$107,479
Current Officers, Directors, Trustees, and Key Employees$45,445$13,983$10,487$69,915
Information Technology$0$30,345$0$30,345
Depreciation Depletion$7,837$14,150$0$21,987
Payroll Taxes$18,129$618$1,854$20,601
Fees for Services Management$10,705$8,880$0$19,585
Advertising$0$16,827$0$16,827
Fees for Services Accounting$0$15,540$0$15,540
Other Expenses$14,318$0$0$14,318
Office Expenses$0$9,764$1,227$10,991
Conferences and Meetings$5,195$0$0$5,195
Insurance$0$2,206$0$2,206
Interest$0$61$0$61
Total Functional Expenses$666,422$141,058$39,830$847,310

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$847,310
Total Expenses per Audited Statements$847,310
Total Expenses per Form 990$847,310
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

A draft of the IRS Form 990 is circulated to Board members for review prior to filing.

Form 990, Part VI, Section B, Line 12C

Annual conflict of interest statements are signed by each board member.

Form 990, Part VI, Section B, Line 15

The Board of Directors approved compensation of the executive director and uses comparative analysis of similar nonprofit organizations as a benchmark for such compensation granted.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest disclosures, financial statements and IRS form 990's are made available to the general public upon request.

Filing and Contact Details

Filer

Filer Name
Accessible Contemporary Music
EIN
20-1458881
Phone
7733343650
Address
1758 West Wilson Avenue, Chicago, IL 60640
Doing Business As
Access Contemporary Music

Signing Officer

Name
Brandon Harrington
Title
Treasurer
Phone
7733343650
Signed
2023-08-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brandon Harrington
Formed
2004
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
12
Volunteers
9

Preparer

Firm
Icl LLC
Address
55 East Monroe, Suite 3800, Chicago, IL 60603
Preparer
James Hill
Phone
8003071008
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

The Organization is a tax-exempt organization under Section 501(c) (3) of the Internal Revenue Code. The Organization follows the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, The Organization may recognize the tax benefits from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of The Organization and various positions related to potential sources of unrelated business taxable income. There were no unrecognized tax benefits identified or recorded as liabilities for the reporting period presented in the financial statements. The Organization files Form 990 in the U.S. federal jurisdiction and the State of Illinois.

Raw XML AppendixShowing 400 of 654 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
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IRS990/AccountsPayableAccrExpnssGrp/EOYAmt09602
IRS990/AccountsReceivableGrp/EOYAmt030000
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0To promose the music of living composers through concerts, educational programs and by fostering new works by composers at all levels of development.
IRS990/AdvertisingGrp/FundraisingAmt00
IRS990/AdvertisingGrp/ManagementAndGeneralAmt016827
IRS990/AdvertisingGrp/ProgramServicesAmt00
IRS990/AdvertisingGrp/TotalAmt016827
IRS990/AllOtherContributionsAmt0220863
IRS990/AllOtherExpensesGrp/FundraisingAmt00
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IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Seth Boustead
IRS990/BooksInCareOfDetail/PhoneNum07733343650
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01758 West Wilson Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060640
IRS990/BusinessRlnWith35CtrlEntInd00
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IRS990/CashNonInterestBearingGrp/EOYAmt015248
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
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IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt069915
IRS990/CompDisqualPersonsGrp/FundraisingAmt00
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IRS990/CompensationProcessOtherInd00
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IRS990/ContriRptFundraisingEventAmt00
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0220863
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt022
IRS990/CYOtherExpensesAmt0358587
IRS990/CYOtherRevenueAmt05920
IRS990/CYProgramServiceRevenueAmt0597411
IRS990/CYRevenuesLessExpensesAmt0-23094
IRS990/CYSalariesCompEmpBnftPaidAmt0488723
IRS990/CYTotalExpensesAmt0847310
IRS990/CYTotalFundraisingExpenseAmt039830
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0824216
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/FundraisingAmt00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt014150
IRS990/DepreciationDepletionGrp/ProgramServicesAmt07837
IRS990/DepreciationDepletionGrp/TotalAmt021987
IRS990/Desc0The ACM School of Music - Teaches musical creativity alongside note reading to children and adults of all ages in four locations throughout Chicago in the Ravenswood, Rogers Park, Avondale, and the South Loop communities. We offer private lessons in piano, guitar, violin, cello, voice, woodwinds, and composition. Group classes for ensembles and summer camp for kids is also offered.
IRS990/DescribedInSection501c3Ind01
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IRS990/DoingBusinessAsName/BusinessNameLine1Txt0ACCESS CONTEMPORARY MUSIC
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IRS990/DonorRestrictionNetAssetsGrp/EOYAmt017150
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt012
IRS990/EmploymentTaxReturnsFiledInd01
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IRS990/ExpenseAmt0533186
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IRS990/FederatedCampaignsAmt00
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IRS990/FeesForServicesAccountingGrp/TotalAmt015540
IRS990/FeesForServicesLegalGrp/FundraisingAmt00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt00
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/FundraisingAmt00
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IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt08880
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IRS990/FeesForSrvcInvstMgmntFeesGrp/FundraisingAmt00
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IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
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IRS990/ForeignOfficeInd00
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IRS990/Form990PartVIISectionAGrp/PersonNm0Seth Boustead
IRS990/Form990PartVIISectionAGrp/PersonNm1Marilyn Caton
IRS990/Form990PartVIISectionAGrp/PersonNm2Brandon Harrington
IRS990/Form990PartVIISectionAGrp/PersonNm3Jessica Richardson
IRS990/Form990PartVIISectionAGrp/PersonNm4George Thirivathukal
IRS990/Form990PartVIISectionAGrp/PersonNm5Aubree Weiley
IRS990/Form990PartVIISectionAGrp/PersonNm6Jesse McQuarters
IRS990/Form990PartVIISectionAGrp/PersonNm7Luis Cerro
IRS990/Form990PartVIISectionAGrp/PersonNm8Anna Cho Walker
IRS990/Form990PartVIISectionAGrp/PersonNm9Dominic Johnson
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
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IRS990/MissionDesc0To promote the music of living composers through concerts, educational programs and by fostering new works by composers at all levels of development.
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IRS990/PrincipalOfficerNm0Brandon Harrington
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IRS990/ProgramServiceRevenueGrp/Desc0Lessons and Composition
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IRS990/ProgSrvcAccomActy2Grp/Desc0Concert Programs - Access Contemporary Music is committed to showcasing the exciting developments in contemporary classical music by bringing it to life through concerts in Chicago and New York, innovative collaborations, music in public spaces, the Sound of Silent Film Festival and our Composer Alive commissioning program.
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