Civic Intelligence

The Midwest Clinic

990 • Fiscal year 2017 • EIN 36-2374225

Jan 01, 2017 to Dec 31, 2017 • Filed on Jun 19, 2018

601 Oakmont Ln Ste 140Westmont, IL 60559-5557

(630) 861-6125

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

72nd percentile

0.33x

Higher debt load relative to assets than 72% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

75th percentile

0.40x

Higher debt load relative to revenue than 75% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

56th percentile

5.1%

Higher net margin than 56% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

35th percentile

$0

Higher top officer pay than 35% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2017

Assets

Up

$2,122,841

Up $428,784 (+25%) from 2013

Net Assets

Up

$1,425,334

Up $230,603 (+19%) from 2013

Liabilities

Up

$697,507

Up $198,181 (+40%) from 2013

Revenue

Up

$1,752,576

Up $361,098 (+26%) from 2013

Expenses

Up

$1,662,547

Up $280,006 (+20%) from 2013

Net Income

Up

$90,029

Up $81,092 (+907%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2013: $1,694,057Liabilities 2013: $499,326Net Assets 2013: $1,194,7312013Assets 2017: $2,122,841Liabilities 2017: $697,507Net Assets 2017: $1,425,3342017Assets 2018: $1,980,321Liabilities 2018: $759,780Net Assets 2018: $1,220,5412018Assets 2019: $1,978,947Liabilities 2019: $662,984Net Assets 2019: $1,315,9632019Assets 2020: $1,275,783Liabilities 2020: $317,425Net Assets 2020: $958,3582020Assets 2021: $1,577,442Liabilities 2021: $803,275Net Assets 2021: $774,1672021Assets 2022: $1,763,386Liabilities 2022: $1,031,770Net Assets 2022: $731,6162022Assets 2023: $1,894,122Liabilities 2023: $975,097Net Assets 2023: $919,0252023Assets 2024: $1,890,252Liabilities 2024: $947,190Net Assets 2024: $943,0622024

Highlighted filing

2017

Assets$2,122,841
Liabilities$697,507
Net Assets$1,425,334

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2013: $1,391,478Expenses 2013: $1,382,541Net Income 2013: $8,9372013Revenue 2017: $1,752,576Expenses 2017: $1,662,547Net Income 2017: $90,0292017Revenue 2018: $1,920,358Expenses 2018: $2,067,470Net Income 2018: -$147,1122018Revenue 2019: $2,103,574Expenses 2019: $2,034,406Net Income 2019: $69,1682019Revenue 2020: $306,840Expenses 2020: $641,486Net Income 2020: -$334,6462020Revenue 2021: $1,838,412Expenses 2021: $2,049,147Net Income 2021: -$210,7352021Revenue 2022: $2,053,752Expenses 2022: $2,046,477Net Income 2022: $7,2752022Revenue 2023: $2,387,410Expenses 2023: $2,227,567Net Income 2023: $159,8432023Revenue 2024: $2,294,240Expenses 2024: $2,291,933Net Income 2024: $2,3072024

Highlighted filing

2017

Revenue$1,752,576
Expenses$1,662,547
Net Income$90,029
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Jun 19, 2018
Return Version
2017v2.3
Gross Receipts
$1,752,576
Mission and Program Overview

Mission

The midwest clinic exists to raise the standards of music education. We serve this mission by: (1) improving the methods employed in music education; (2) developing new teaching techniques; (3) analyzing and appraising literature concerning music education; (4) holding clinics, lectures and demonstrations for the betterment of music education; and (5) generally assisting music teachers in the pursuit of excellence in their profession.

The midwest clinic exists exclusively for educational purposes to raise the standards of music.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$1,320,451$1,425,334▲ $104,883
Savings and Temporary Cash Investments$976,511$1,062,447▲ $85,936
Cash and Non-Interest-Bearing Accounts$807,045$789,052▼ $17,993
Accounts Receivable$154,086$173,241▲ $19,155
Land, Buildings, and Equipment, Net$35,012$75,083▲ $40,071
Investments in Publicly Traded Securities$2,601$2,601→ $0
Total Assets$2,011,800$2,122,841▲ $111,041
Other Assets Total$36,545$20,417▼ $16,128
Liabilities
Accounts Payable and Accrued Expenses$691,349$697,507▲ $6,158
Total Liabilities$691,349$697,507▲ $6,158
Net Assets / Fund Balance
Total Net Assets Fund Balance$1,320,451$1,425,334▲ $104,883
Total Liabilities and Net Assets / Fund Balance$2,011,800$2,122,841▲ $111,041

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$64,730$174,664-
Equipment$10,353$28,343-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Richard C CrainPresident
Beth PetersonDirector
Dennis ZeislerDirector
Herman KnollDirector
Jose Antonio DiazDirector
Kevin SedatoleDirector
Mark LaycockDirector
Mark N KjosDirector
Mary LandDirector
Paula CriderDirector
Rodney C DorseyDirector
Soo HanDirector
Tim LautzenheiserDirector
Antonio J GarciaSecretary
George Quinlan JrTreasurer
J Richard DunscombVice Preside
John E ClintonVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,636,195
Investment Income
$48,640
Other Revenue
$67,741
Change in Net Assets
$90,029
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,662,547
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$380,759$8,128-$388,887
Fees for Services Management$195,378$97,674-$293,052
Conferences and Meetings$127,651--$127,651
Occupancy$42,934$28,622-$71,556
Other Expenses$61,872--$61,872
Office Expenses$38,635$9,028-$47,663
Advertising$17,913--$17,913
Fees for Services Accounting-$16,520-$16,520
Insurance$13,667--$13,667
Depreciation Depletion$6,598$4,399-$10,997
Fees for Services Legal-$2,357-$2,357
Total Functional Expenses$1,495,819$166,728$0$1,662,547
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
Backup withholding compliance
Yes
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
No
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

The form 990 is reviewed by management and appropriate board members for filing purposes.

Form 990, Page 6, Part VI, Line 11B

Form 990 is reviewed by management & appropriate board members for filing purposes.

Form 990, Page 6, Part VI, Line 12C

The organization regularly and consistently monitors and enforces compliance with the written conflict of interest policy by holding discussions at board meetings when there may be a potential issue.

Form 990, Page 6, Part VI, Line 18

The organization's forms 1023,990 and 990-t are available upon request. In addition, the organization's annual information and tax returns are available on various websites.

Form 990, Page 6, Part VI, Line 19

The organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
The Midwest Clinic
EIN
36-2374225
Phone
6308616125
Address
601 OAKMONT LN STE 140, WESTMONT, IL 60559-5557

Signing Officer

Name
Richard C Crain
Title
President
Phone
6308616125
Signed
2018-06-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard C Crain
Formed
1953
Legal Domicile
Il
Voting Board Members
17
Independent Board Members
17
Employees
0

Preparer

Firm
Donlan Goldman & Roth Pc
Address
1111 E TOUHY AVE STE 235, DES PLAINES, IL 60018-5830
Preparer
Erik Roth CPA
Phone
8476996000
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The mission of the midwest clinic is to raise the standard of music education by hosting an annual conference that seeks to improve the methods employed in music education, to develop new teaching techniques and to disseminate this information to music educators.

Form 990, Page 2, Part III, Line 4D

Annual band and orchestra clinic for elementary, middle, secondary school and college educators and musicians to advance the standards of music education and performance.

Form 990, Part IX, Line 24E

Clinic registration 61,355 0 0 bank & cc charges 58,074 0 0 clinic conference staff f 49,043 0 0 printing/publications 33,083 0 0 shuttle service 29,930 0 0 shows 18,965 8,128 0 internet 26,631 0 0 clinic conference staff - 23,739 0 0 clinic supplies 18,612 0 0 other clinic services 17,780 0 0 clinic guest artists 15,419 0 0 clinic award expense 13,598 0 0 clinic equipment rental 5,595 0 0 musical composition commi 5,000 0 0 bad debt expense 2,935 0 0 charitable contributions 1,000 0 0 total 380,759 8,128 0

Financial Statement Notes

Schedule D, Page 4, Part XIII

Form 990, part i, line 1, description of organization mission: education by sponsoring an annual conference. Form 990, part vi, section b, line 12c: the organization regularly & consistently monitors & enforces compliance with the written conflict of interest policy by holding discussions at board meetings when there may be a potential issue. Form 990, part vi, section c, line 18: the organization's forms 1023, 990 & 990-t are available upon request. In addition, the organization's annual information & tax returns are available on various websites. Form 990, part vi, section c, line 19: the organization makes its governing documents, conflict of interest policy & financial statements available to the public upon request. Form 990, part viii, line 11a: sales of cds, lists, dvds and anniversary celebration income.

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IRS990/MissionDesc0THE MISSION OF THE MIDWEST CLINIC IS TO RAISE THE STANDARD OF MUSIC EDUCATION BY HOSTING AN ANNUAL CONFERENCE THAT SEEKS TO IMPROVE THE METHODS EMPLOYED IN MUSIC EDUCATION, TO DEVELOP NEW TEACHING TECHNIQUES AND TO DISSEMINATE THIS INFORMATION TO MUSIC EDUCATORS.
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IRS990/PrincipalOfficerNm0RICHARD C CRAIN
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0ANNUAL BAND AND ORCHESTRA CLINIC FOR ELEMENTARY, MIDDLE, SECONDARY SCHOOL AND COLLEGE EDUCATORS AND MUSICIANS TO ADVANCE THE STANDARDS OF MUSIC EDUCATION AND PERFORMANCE.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: EDUCATION BY SPONSORING AN ANNUAL CONFERENCE. FORM 990, PART VI, SECTION B, LINE 12C: THE ORGANIZATION REGULARLY & CONSISTENTLY MONITORS & ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY BY HOLDING DISCUSSIONS AT BOARD MEETINGS WHEN THERE MAY BE A POTENTIAL ISSUE. FORM 990, PART VI, SECTION C, LINE 18: THE ORGANIZATION'S FORMS 1023, 990 & 990-T ARE AVAILABLE UPON REQUEST. IN ADDITION, THE ORGANIZATION'S ANNUAL INFORMATION & TAX RETURNS ARE AVAILABLE ON VARIOUS WEBSITES. FORM 990, PART VI, SECTION C, LINE 19: THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY & FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VIII, LINE 11A: SALES OF CDS, LISTS, DVDS AND ANNIVERSARY CELEBRATION INCOME.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XIII
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MISSION OF THE MIDWEST CLINIC IS TO RAISE THE STANDARD OF MUSIC EDUCATION BY HOSTING AN ANNUAL CONFERENCE THAT SEEKS TO IMPROVE THE METHODS EMPLOYED IN MUSIC EDUCATION, TO DEVELOP NEW TEACHING TECHNIQUES AND TO DISSEMINATE THIS INFORMATION TO MUSIC EDUCATORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANNUAL BAND AND ORCHESTRA CLINIC FOR ELEMENTARY, MIDDLE, SECONDARY SCHOOL AND COLLEGE EDUCATORS AND MUSICIANS TO ADVANCE THE STANDARDS OF MUSIC EDUCATION AND PERFORMANCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FORM 990 IS REVIEWED BY MANAGEMENT AND APPROPRIATE BOARD MEMBERS FOR FILING PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS REVIEWED BY MANAGEMENT & APPROPRIATE BOARD MEMBERS FOR FILING PURPOSES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE WRITTEN CONFLICT OF INTEREST POLICY BY HOLDING DISCUSSIONS AT BOARD MEETINGS WHEN THERE MAY BE A POTENTIAL ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION'S FORMS 1023,990 AND 990-T ARE AVAILABLE UPON REQUEST. IN ADDITION, THE ORGANIZATION'S ANNUAL INFORMATION AND TAX RETURNS ARE AVAILABLE ON VARIOUS WEBSITES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CLINIC REGISTRATION 61,355 0 0 BANK & CC CHARGES 58,074 0 0 CLINIC CONFERENCE STAFF F 49,043 0 0 PRINTING/PUBLICATIONS 33,083 0 0 SHUTTLE SERVICE 29,930 0 0 SHOWS 18,965 8,128 0 INTERNET 26,631 0 0 CLINIC CONFERENCE STAFF - 23,739 0 0 CLINIC SUPPLIES 18,612 0 0 OTHER CLINIC SERVICES 17,780 0 0 CLINIC GUEST ARTISTS 15,419 0 0 CLINIC AWARD EXPENSE 13,598 0 0 CLINIC EQUIPMENT RENTAL 5,595 0 0 MUSICAL COMPOSITION COMMI 5,000 0 0 BAD DEBT EXPENSE 2,935 0 0 CHARITABLE CONTRIBUTIONS 1,000 0 0 TOTAL 380,759 8,128 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 18
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART IX, LINE 24E
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