Skip to content

Illinois · Nonprofit

SHARING NOTES

SHARING NOTES (Illinois) receives grants from 13 organizations whose IRS filings report $100,245 to it, the largest being Daniel J Kobasic Foundation ($25,000). 5 of them have funded it in more than one year.

Revenue FY2025
$149k
Funders on record
13
Grants received
$100k
Net assets
$72k
5/13 repeat funderspeak grant-dependency 10%
01What it does

What Sharing Notes does

Mission

To present live music to Chicago hospital patients and senior living residents

As stated on its FY2025 Form 990-EZ.

Program

  1. 312 hours of in-person and virtual musical performances in 12 Chicagoland hospitals & health care facilities, over 3,893 patients, family members and staff served, 141 volunteer musicians and vocalists trained in hospital audience engagement and outreach

    $10,911 spent
    100% of program spending

The program described on its FY2024 Form 990-EZ. Program spending in total: $10,911.

02The organization over time

The organization over time

Each line starts at 100 in 2022, so what you read is the shape rather than the size: 150 means half as much again as 2022, 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 = 20222022 Revenue 100 ($49k) Expenses 100 ($53k) Net assets 100 ($16k)2023 Revenue 120 ($58k) Expenses 135 ($71k) Net assets 19 ($3k)2024 Revenue 215 ($104k) Expenses 158 ($83k) Net assets 154 ($24k)2025 Revenue 306 ($149k) Expenses 191 ($101k) Net assets 464 ($72k)
2022202320242025
Revenue (306)Expenses (191)Net assets (464)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 $24k to $72k (+201%).

$16k
$3k
$24k
$72k
2022202320242025
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.

2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

95% of SHARING NOTES’s revenue is contributions — more reliant on donations 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 4 reported years ran a deficit.

−$4k
’22
−$13k
’23
$21k
’24
$48k
’25

Leadership and staff

Chief executive

Katie Grennan

Executive Director

As listed on its FY2024 Form 990-EZ.

03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 2 funders, grant income rose $200 → $5k.

2 of 13 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 8% 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 SHARING NOTES’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

SHARING NOTES has a broad base — no single funder exceeds 25% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

25%
largest funder
58%
top three
~7
effective funders

Largest funder’s share by year: 2017 50% · 2019 100% · 2020 100% · 2021 99% · 2022 99% · 2023 99% — growing more concentrated.

“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.

How long its funders stay

25% of SHARING NOTES's funders are still giving 3 years after their first grant; 38% give in more than one year at all.

first grant+1y+2y+3y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

SHARING NOTES draws 55% of its grant income from funders outside Illinois, across 6 states in all.

WA
IL
MI
NY
NC
TX

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

’17
’19
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $8k 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

SHARING NOTES runs a healthier operating margin than three-quarters of the 11,634 arts & culture nonprofits its size.

Operating margin32% · top quartile
Revenue growth (annualized)45% · top quartile

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

Government funding SHARING NOTES receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $10k on record.

Federal$10k
grants $10kcontracts $0
Top agencies
  • National Endowment for the Arts$10k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like SHARING NOTES

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

78%

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 SHARING NOTES: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 SHARING NOTES?
SHARING NOTES (Illinois) receives grants from 13 organizations whose IRS filings report $100,245 to it, the largest being Daniel J Kobasic Foundation ($25,000). 5 of them have funded it in more than one year.
How many funders does SHARING NOTES have?
IRS filings report 13 organizations giving $100,245 in grants to SHARING NOTES, 5 of which have funded it in more than one year.
Who is the largest funder of SHARING NOTES?
Daniel J Kobasic Foundation is the largest funder on record, with $25,000 in grants. The full list of funders is on this page.
How can an organization like SHARING NOTES 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 Sharing Notes →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2022–2025), and the filings of 13 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