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Illinois · Nonprofit

MUSIC BOX FOUNDATION

MUSIC BOX FOUNDATION (Illinois) receives grants from 7 organizations whose IRS filings report $82,604 to it, the largest being The Chicago Community Trust ($36,800). 3 of them have funded it in more than one year.

Revenue FY2025
$199k
Funders on record
7
Grants received
$83k
Net assets
$51k
3/7 repeat funderspeak grant-dependency 18%
01What it does

What Music Box Foundation does

Mission

Music Box Foundation is a 501(c)3 nonprofit organization dedicated to crafting programs that provide students with valuable opportunities to receive training in music and the arts. Our programs provide instrumental instruction,

As stated on its FY2025 Form 990-EZ.

Program

  1. Our program has instructed hundreds of students inmusic.

    $167,420 spentof which $62,875 as grants
    100% of program spending

The program described on its FY2025 Form 990-EZ. Program spending in total: $167,420.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($81k) Expenses 100 ($80k) Net assets 100 ($3k)2021 Revenue 116 ($93k) Expenses 119 ($94k) Net assets 65 ($2k)2022 Revenue 210 ($170k) Expenses 189 ($150k) Net assets 746 ($21k)2023 Revenue 186 ($151k) Expenses 198 ($158k) Net assets 502 ($14k)2024 Revenue 238 ($192k) Expenses 235 ($187k) Net assets 675 ($19k)2025 Revenue 246 ($199k) Expenses 210 ($167k) Net assets 1797 ($51k)
202020212022202320242025
Revenue (246)Expenses (210)Net assets (1797)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $19k to $51k (+166%).

$13k
$29k
$31k
$23k
$19k
$51k
202020212022202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

12% of MUSIC BOX FOUNDATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 6 reported years ran a deficit.

$1k
’20
−$988
’21
$19k
’22
−$7k
’23
$5k
’24
$32k
’25

Leadership and staff

Chief executive

Vernon Lloyd Sr

CEO

As listed on its FY2025 Form 990-EZ.

03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 1 funder to 4 funders, grant income rose $21 → $27k.

2 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 45% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of MUSIC BOX FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

MUSIC BOX FOUNDATION leans on a few funders — its largest provides 45% of grant income and the top three 78%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

82% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MUSIC BOX FOUNDATION.

45%
largest funder
78%
top three
~4
effective funders

Largest funder’s share by year: 2020 100% · 2021 99% · 2022 100% · 2023 49% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

96% of MUSIC BOX FOUNDATION's grant income comes from Illinois funders.

IL
NY

In-state vs out-of-state, by year

’21
’23
Illinois out of state home

Funder states come from each funder’s own filing. $37k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

MUSIC BOX FOUNDATION has grown faster than three-quarters of the 11,634 arts & culture nonprofits its size.

Operating margin16% · above the median
Revenue growth (annualized)20% · top quartile

this organization peer median middle 50% of peers· 11,634 arts & culture nonprofits $100k–$1M, FY2025

Organizations like MUSIC BOX FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

IL

Screen this organization

A dated, signed PDF of the compliance screen for MUSIC BOX FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds MUSIC BOX FOUNDATION?
MUSIC BOX FOUNDATION (Illinois) receives grants from 7 organizations whose IRS filings report $82,604 to it, the largest being The Chicago Community Trust ($36,800). 3 of them have funded it in more than one year.
How many funders does MUSIC BOX FOUNDATION have?
IRS filings report 7 organizations giving $82,604 in grants to MUSIC BOX FOUNDATION, 3 of which have funded it in more than one year.
Who is the largest funder of MUSIC BOX FOUNDATION?
The Chicago Community Trust is the largest funder on record, with $36,800 in grants. The full list of funders is on this page.
How can an organization like MUSIC BOX FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Music Box →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2020–2025), and the filings of 7 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing