The People's Music School

Chicago, IL, 60640 (773) 784-7032 Est. 1976 EIN 51-0192597
A6E0 - Arts, Culture & Humanities 990 - Public charity return 501(c)(3)
peoplesmusicschool.org

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)

Financials

Total Revenue
$4,168,913
Total Expenses
$3,205,618
Net Assets
$4,158,411
106 employees 800 volunteers
From latest filing (tax period ending 2025-08-31)

Financial Health

Operating Reserve
15.6 months Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 44.7%
Expenses ↓ 3.6%
Revenue Sources
Contributions 95.0% Investment 1.2% Other 4.0%
Expense Breakdown
Program 74.9% Management 8.2% Fundraising 16.9%

Officers & Key Employees (28)

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Grants Received (270)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 990 - Public charity return
Sep 1, 2024 to Aug 31, 2025
$4,168,913 ↑$3,205,618$4,158,411
2023 990 - Public charity return
Sep 1, 2023 to Aug 31, 2024
$2,881,972 ↑$3,324,924$3,195,116
2022 990 - Public charity return
Sep 1, 2022 to Aug 31, 2023
$2,755,459 ↑$3,247,810$3,638,068
2021 990 - Public charity return
Sep 1, 2021 to Aug 31, 2022
$2,512,174 ↓$3,714,082$4,130,419
2020 990 - Public charity return
Sep 1, 2020 to Aug 31, 2021
$3,227,151 ↑$2,864,602$5,332,327
2019 990 - Public charity return
Sep 1, 2019 to Aug 31, 2020
$1,847,958 ↓$2,119,526$4,969,778
2017 990 - Public charity return
Sep 1, 2017 to Aug 31, 2018
$2,081,997 $1,461,333$4,165,648

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EIN: 51-0192597 · Source: IRS Form 990 e-file data