Civic Intelligence

The People'S Music School

EIN 51-0192597 • 501(c)3 • Chicago, IL

Profile

Our mission is to deliver access to the benefits of high-quality, tuition-free music education. Through intensive instruction and performance, our students achieve excellence in music that transfers to other areas in life. They grow musically, socially, emotionally and intellectually, and develop a foundation of responsibility, self-esteem, resilience and purpose.

931 W Eastwood AvenueChicago, IL 60640

www.peoplesmusicschool.org

Siviq Scores

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

Liabilities / Assets

58th percentile

0.19x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Liabilities / Revenue

59th percentile

0.23x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Net Margin

76th percentile

23%

Higher net margin than 76% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Top Officer Pay

71st percentile

$188,160

Higher top officer pay than 71% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2025

Asset Growth

92nd percentile

51%

Faster asset growth than 92% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Revenue Growth

82nd percentile

45%

Faster revenue growth than 82% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2024 to 2025

Assets

Up

$5,108,795

Up $1,715,730 (+51%) from 2024

Liabilities

Up

$950,384

Up $752,435 (+380%) from 2024

Net Assets

Up

$4,158,411

Up $963,295 (+30%) from 2024

Revenue

Up

$4,168,913

Up $1,286,941 (+45%) from 2024

Expenses

Down

$3,205,618

Down $119,306 (-3.6%) from 2024

Net Income

Up

$963,295

Up $1,406,247 (+317%) from 2024

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,373,437Liabilities 2011: $521Net Assets 2011: $1,372,9162011Assets 2012: $1,503,714Liabilities 2012: $9,364Net Assets 2012: $1,494,3502012Assets 2013: $1,522,905Liabilities 2013: $16,154Net Assets 2013: $1,506,7512013Assets 2014: $1,217,987Liabilities 2014: $29,005Net Assets 2014: $1,188,9822014Assets 2015: $2,024,679Liabilities 2015: $65,879Net Assets 2015: $1,958,8002015Assets 2016: $2,918,227Liabilities 2016: $68,893Net Assets 2016: $2,849,3342016Assets 2017: $3,624,821Liabilities 2017: $48,931Net Assets 2017: $3,575,8902017Assets 2018: $4,221,944Liabilities 2018: $56,296Net Assets 2018: $4,165,6482018Assets 2019: $5,300,682Liabilities 2019: $59,336Net Assets 2019: $5,241,3462019Assets 2020: $5,382,649Liabilities 2020: $412,871Net Assets 2020: $4,969,7782020Assets 2021: $5,536,992Liabilities 2021: $204,665Net Assets 2021: $5,332,3272021Assets 2022: $4,321,894Liabilities 2022: $191,475Net Assets 2022: $4,130,4192022Assets 2023: $3,871,263Liabilities 2023: $233,195Net Assets 2023: $3,638,0682023Assets 2024: $3,393,065Liabilities 2024: $197,949Net Assets 2024: $3,195,1162024Assets 2025: $5,108,795Liabilities 2025: $950,384Net Assets 2025: $4,158,4112025

Highlighted filing

2025

Assets$5,108,795
Liabilities$950,384
Net Assets$4,158,411

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $681,177Expenses 2011: $782,274Net Income 2011: -$101,0972011Revenue 2012: $748,253Expenses 2012: $911,462Net Income 2012: -$163,2092012Expenses 2013: $830,0482013Revenue 2014: $620,709Expenses 2014: $890,811Net Income 2014: -$270,1022014Revenue 2015: $1,563,905Expenses 2015: $754,541Net Income 2015: $809,3642015Revenue 2016: $2,087,670Expenses 2016: $1,189,943Net Income 2016: $897,7272016Revenue 2017: $1,975,961Expenses 2017: $1,279,690Net Income 2017: $696,2712017Revenue 2018: $2,081,997Expenses 2018: $1,461,333Net Income 2018: $620,6642018Revenue 2019: $2,840,138Expenses 2019: $1,780,699Net Income 2019: $1,059,4392019Revenue 2020: $1,847,958Expenses 2020: $2,119,526Net Income 2020: -$271,5682020Revenue 2021: $3,227,151Expenses 2021: $2,864,602Net Income 2021: $362,5492021Revenue 2022: $2,512,174Expenses 2022: $3,714,082Net Income 2022: -$1,201,9082022Revenue 2023: $2,755,459Expenses 2023: $3,247,810Net Income 2023: -$492,3512023Revenue 2024: $2,881,972Expenses 2024: $3,324,924Net Income 2024: -$442,9522024Revenue 2025: $4,168,913Expenses 2025: $3,205,618Net Income 2025: $963,2952025

Highlighted filing

2025

Revenue$4,168,913
Expenses$3,205,618
Net Income$963,295

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$5.11$0.95$4.16$4.17$3.21$0.96
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.39$0.20$3.20$2.88$3.32$0.44
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.87$0.23$3.64$2.76$3.25$0.49
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.32$0.19$4.13$2.51$3.71$1.20
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.54$0.20$5.33$3.23$2.86$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.38$0.41$4.97$1.85$2.12$0.27
2019Detailed filing. Detailed filing data is available for this year.$5.30$0.06$5.24$2.84$1.78$1.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.22$0.06$4.17$2.08$1.46$0.62
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.62$0.05$3.58$1.98$1.28$0.70
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.92$0.07$2.85$2.09$1.19$0.90
2015Detailed filing. Detailed filing data is available for this year.$2.02$0.07$1.96$1.56$0.75$0.81
2014Summary only. Only limited summary data is available for this year.$1.22$0.03$1.19$0.62$0.89$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.02$1.51$0.83
2012Summary only. Only limited summary data is available for this year.$1.50$0.01$1.49$0.75$0.91$0.16
2011Summary only. Only limited summary data is available for this year.$1.37$0.00$1.37$0.68$0.78$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Sep 1, 2024 to Aug 31, 2025
Signed
Feb 20, 2026
Return Version
2024v5.5
Gross Receipts
$4,349,187
Mission and Program Overview

Mission

The People's Music School (Organization") is a not-for-profit organization, founded in 1975, that increases access to the benefits of music education by providing 100% free, high-quality music instruction to children who otherwise (Continued on Schedule O)

To deliver high-quality, tuition free music education.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,331,330$2,235,730▼ $95,600
Pledges and Grants Receivable$285,062$1,453,380▲ $1,168,318
Land, Buildings, and Equipment, Net$451,355$390,727▼ $60,628
Cash and Non-Interest-Bearing Accounts$146,637$144,778▼ $1,859
Investments in Publicly Traded Securities$84,482$0▼ $84,482
Prepaid Expenses and Deferred Charges$67,555$74,660▲ $7,105
Accounts Receivable$75--
Total Assets$3,393,065$5,108,795▲ $1,715,730
Other Assets Total$26,569$809,520▲ $782,951
Liabilities
Other Liabilities$110,045$811,634▲ $701,589
Accounts Payable and Accrued Expenses$87,904$138,750▲ $50,846
Total Liabilities$197,949$950,384▲ $752,435
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,551,907$2,335,571▼ $216,336
Net Assets With Donor Restrictions$643,209$1,822,840▲ $1,179,631
Total Net Assets Fund Balance$3,195,116$4,158,411▲ $963,295
Total Liabilities and Net Assets / Fund Balance$3,393,065$5,108,795▲ $1,715,730

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$42,111$1,247,152$1,289,263
Leasehold Improvements$268,458$212,631$481,089
Equipment$20,158$263,570$283,728
Land$60,000-$60,000
Other Assets Org$809,520--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,673,902-▲ $43,013$362,645$1,354,270
2023$1,612,796-▲ $61,330$224$1,673,902
2022$1,511,914$183,113▲ $19,696$101,927$1,612,796
2021$2,617,903$116,000▲ $1,011$1,223,000$1,511,914
2020$2,368,499$247,240▲ $2,164-$2,617,903
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Miriam OwensPresident & CEOFT$180,443$7,717$188,160
Natalie ButlerChief Program OfficerFT$174,938$10,487$185,425
Marc WilsonChief of Strategy and PartFT$135,035$11,360$146,395
Kasia JohnsonChief Financial OfficerFT$115,000$9,104$124,104
Jennifer RiskindDirector of DevelopmentFT$106,215$10,011$116,226

Board Members and Trustees

NameTitle
Michael BuckPresident
Steven ShawVice President
Adam LucasDirector
Anthony SalazarDirector
Carolyn JawDirector
Cecy VanGetsonDirector
Christie CrouchDirector
Cici ZhengDirector
EJ HunterDirector
Ellen FeldmanDirector
Gary HartDirector
Joe IdaszakDirector
Juanna BlackwellDirector
Nalini KotamrajuDirector
Nancy PowerDirector
Rob WhitemanDirector
Uma ChandrasekaranDirector
Kia JavanmardianDirector- Left
Laura SutphenDirector- Left
Stephanie MacakanjaDirector- Left
Kevin DolanSecretary
Julie LopezSecretary- Left
Peter SherenTreasurer- Left
Revenue and Support

Revenue Composition

Contributions and Grants
$3,958,913
Program Service Revenue
$0
Investment Income
$51,560
Other Revenue
$158,440
All Other Contributions
$2,966,343
Change in Net Assets
$963,295

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table43$82,870Fair Market Value (FMV)
Total Noncash Contributions43$82,870-

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,168,913
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$215,327
Total Revenue per Audited Statements
$4,384,240
Total Revenue per Form 990
$4,168,913
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,538,239
Other Expenses$641,540
Total Fundraising Expense$542,783
Grants and Similar Amounts Paid$25,839
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,435,503$159,205$318,938$1,913,646
Current Officers, Directors, Trustees, and Key Employees$226,556$25,165$50,373$302,094
Payroll Taxes$129,018$14,578$28,917$172,513
Other Employee Benefits$95,884$10,650$21,319$127,853
Occupancy$92,131$2,540$6,667$101,338
Fees for Services Other$73,431$10,763$2,550$86,744
Travel$77,960$51$3,082$81,093
Information Technology$31,140$4,217$33,531$68,888
Depreciation Depletion$52,419$2,580$5,630$60,629
Insurance$27,890$3,134$8,228$39,252
Office Expenses$18,768$3,217$4,963$26,948
Grants to Domestic Individuals$25,839--$25,839
Pension Plan Contributions$16,598$1,844$3,691$22,133
Fees for Services Accounting-$17,580$1,000$18,580
All Other Expenses$5,790$4,626$4,605$15,021
Other Expenses$9,014$893$2,343$12,250
Advertising--$5,163$5,163
Total Functional Expenses$2,400,577$262,258$542,783$3,205,618

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$3,420,945
Expenses per Audited Statements$3,205,618
Total Expenses per Form 990$3,205,618
Expenses Not Reported on Form 990$215,327
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$336,931
Fundraising Direct Expenses$179,572
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$686,970$336,931$179,572$157,359
Total Events$686,970$336,931$179,572$157,359
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$811,634
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
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

The CFO provides inputs to Form 990, the auditors prepare the form, and the president and chief executive officer review it.

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

Board members sign the conflict-of-interest policy once a year.

Form 990, Part VI, Section B, line 15

The CEO and CFO benchmark salaries with comparable organizations to determine, review, and approve staff compensation. The board benchmarks salaries with comparable organizations to determine, review, and approve staff compensation.

Form 990, Part VI, Section C, line 19

Available on organization's website.

Filing and Contact Details

Filer

Filer Name
The People's Music School
EIN
51-0192597
Phone
7737847032
Address
931 W Eastwood Avenue, Chicago, IL 60640

Signing Officer

Name
Miriam Goldberg Owens
Title
President & CEO
Phone
7737847032
Signed
2026-02-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Miriam Goldberg Owens
Formed
1976
Legal Domicile
Il
Voting Board Members
18
Independent Board Members
18
Employees
106
Volunteers
800

Preparer

Firm
Aprio Advisory Group LLC
Address
111 Rockville Pike Suite 600, Rockville, MD 20850
Preparer
Stacy Cullen
Phone
3012316200
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

could not afford it. The Organization is supported primarily through contributions and grants. The Organization provides intensive afterschool music instruction to Chicago students and supports elementary school music teachers with general music curriculum and coaching in Chicago.

Form 990, Part XII, Line 2C:

There were no changes to the organization's selection process or oversight process during the year.

Financial Statement Notes

Part V, Line 4:

The organization's endowments consist of permanently restricted funds designated for summer program scholarships and board-designated funds. The board-designated funds include an operating reserve for unanticipated expenses or losses and a growth fund to provide capital for future strategic plans.

Part X, Line 2:

The Organization is a nonprofit organization exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Accordingly, no provision for federal income taxes is required. The Organization applies the guidance on accounting for uncertain tax positions in FASB ASC 740 Income Taxes. The Organization is no longer subject to income tax examinations for tax years up to and including 2022.

Part XI, Line 2D - Other Adjustments:

Fundraising Expense 179,572.

Part XII, Line 2D - Other Adjustments:

Fundraising Expense 179,572.

Raw XML AppendixShowing 400 of 727 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
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IRS990/AdvertisingGrp/FundraisingAmt05163
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IRS990/BooksInCareOfDetail/PhoneNum07737847032
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IRS990/Desc0The People's Music School delivered tuition-free music education to 819 students from across Chicago in FY25. At our four program sites, each student received between 2-4 hours of high-quality musical instruction each week. Our students received instruction in a variety of musical genres and learning settings including private lessons, group lessons, musicianship classes, general music classes, and chamber ensembles.
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
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IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt237717
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt249104
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2510487
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt2710011
IRS990/Form990PartVIISectionAGrp/PersonNm0Michael Buck
IRS990/Form990PartVIISectionAGrp/PersonNm1Steven Shaw
IRS990/Form990PartVIISectionAGrp/PersonNm2Peter Sheren
IRS990/Form990PartVIISectionAGrp/PersonNm3Julie Lopez
IRS990/Form990PartVIISectionAGrp/PersonNm4Uma Chandrasekaran
IRS990/Form990PartVIISectionAGrp/PersonNm5Kevin Dolan
IRS990/Form990PartVIISectionAGrp/PersonNm6Ellen Feldman
IRS990/Form990PartVIISectionAGrp/PersonNm7Gary Hart
IRS990/Form990PartVIISectionAGrp/PersonNm8Kia Javanmardian
IRS990/Form990PartVIISectionAGrp/PersonNm9Carolyn Jaw
IRS990/Form990PartVIISectionAGrp/PersonNm10Nalini Kotamraju
IRS990/Form990PartVIISectionAGrp/PersonNm11Adam Lucas
IRS990/Form990PartVIISectionAGrp/PersonNm12Stephanie Macakanja
IRS990/Form990PartVIISectionAGrp/PersonNm13Laura Sutphen
IRS990/Form990PartVIISectionAGrp/PersonNm14Cecy VanGetson
IRS990/Form990PartVIISectionAGrp/PersonNm15Cici Zheng
IRS990/Form990PartVIISectionAGrp/PersonNm16Juanna Blackwell
IRS990/Form990PartVIISectionAGrp/PersonNm17Christie Crouch
IRS990/Form990PartVIISectionAGrp/PersonNm18EJ Hunter
IRS990/Form990PartVIISectionAGrp/PersonNm19Joe Idaszak
IRS990/Form990PartVIISectionAGrp/PersonNm20Nancy Power
IRS990/Form990PartVIISectionAGrp/PersonNm21Anthony Salazar
IRS990/Form990PartVIISectionAGrp/PersonNm22Rob Whiteman
IRS990/Form990PartVIISectionAGrp/PersonNm23Miriam Owens
IRS990/Form990PartVIISectionAGrp/PersonNm24Kasia Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm25Natalie Butler
IRS990/Form990PartVIISectionAGrp/PersonNm26Marc Wilson
IRS990/Form990PartVIISectionAGrp/PersonNm27Jennifer Riskind
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer- Left
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary- Left
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director- Left
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director- Left
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director- Left
IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
IRS990/Form990PartVIISectionAGrp/TitleTxt17Director
IRS990/Form990PartVIISectionAGrp/TitleTxt18Director
IRS990/Form990PartVIISectionAGrp/TitleTxt19Director
IRS990/Form990PartVIISectionAGrp/TitleTxt20Director
IRS990/Form990PartVIISectionAGrp/TitleTxt21Director
IRS990/Form990PartVIISectionAGrp/TitleTxt22Director
IRS990/Form990PartVIISectionAGrp/TitleTxt23President & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt24Chief Financial Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt25Chief Program Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt26Chief of Strategy and Part
IRS990/Form990PartVIISectionAGrp/TitleTxt27Director of Development
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IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0The People's Music School (Organization") is a not-for-profit organization, founded in 1975, that increases access to the benefits of music education by providing 100% free, high-quality music instruction to children who otherwise (Continued on Schedule O)
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IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0Miscellaneous

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