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Filing year 2024

The Musical Arts Institute

Chicago, Illinois·EIN 30-0603029·NTEE A68 · Arts, Culture & Humanities·3
Total revenue
$882k
Total assets
$683k
Total expenses
$807k
Reported officers
10
Mission

MUSICAL ARTS INSTITUTE PROVIDES INTENSIVE PRIVATE AND GROUP TRAINING, AFTER SCHOOL PROGRAMMING AND OTHER SPECIALIZED LEARNING OPPORTUNITIES FOR YOUTH. WE SERVE CULTURALLY AND ECONOMICALLY UNDERSERVED COMMUNITIES WHERE ACCESS TO HIGH QUALITY MUSIC IS LIMITED.

Executive compensation

Form 990 · Schedule J · 2 reported individuals · Filing year 2024

Finance Executive
officer (unspecified)
$48k
$51k
Executive Director
$43k
$46k

Teal figures restate each filed amount in 2026 dollars.

Estimated with Chicago-Naperville-Elgin, IL-IN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 8 unpaid individuals.

Browse compensation in Arts, Culture & Humanities

Financial trend

Revenue and expenses over time

The Musical Arts Institute reported revenue and expenses across 2 filing years.

RevenueExpenses
$839k
$975k
2023
$882k
$807k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in Illinois

Comparable arts, culture & humanities organizations in Illinois pay their highest-earning executive a median of $38,962.

25th percentile
$16k
Median
$38,962
75th percentile
$85k
90th percentile
$153k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 180 organizations across 180 filings (2021 – 2023).

See full Arts, Culture & Humanities pay data for Illinois
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