Illinois · Nonprofit
THE MUSIC ACADEMY NFP
THE MUSIC ACADEMY NFP (Illinois) receives grants from 3 organizations whose IRS filings report $66,456 to it, the largest being Community Foundation of Northern IL ($55,956). 1 of them have funded it in more than one year, and 84% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2026
- $533k
- Funders on record
- 3
- Grants received
- $66k
- Net assets
- $164k
What The Music Academy Nfp does
Mission
The academy's mission is to inspire in students a life-long love of music and the arts. Students are life-long learners and range in age from prenatal to those in their 70s and 80s.
As stated on its FY2026 Form 990.
Program
Founded in 1985, the music academy, nfp (the academy), was independently incorporated in march 2011 as an illinois not-for-profit community school of music dedicated to providing high quality, affordable instruction and performance opportunities to academy students, regardless of age or ability.
$510,236 spent$402,980 earned by the program100% of program spending
The program described on its FY2026 Form 990. Program spending in total: $510,236.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
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 $137k to $290k (+112%).
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.
Government-grant reliance: 2021 16%. Grants only. Government contracts and fees sit inside program revenue.
23% of THE MUSIC ACADEMY NFP’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 10 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Christopher Wrate
Chair
As listed on its FY2026 Form 990.
Who funds it, year by year
2018 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $10k → $22k.
1 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 84% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $105k from one payer (the payer shares this organization's board, largest The Music Academy Foundation). These are real filings, and they are not money THE MUSIC ACADEMY NFP raised.
From the IRS filings of THE MUSIC ACADEMY NFP’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
THE MUSIC ACADEMY NFP leans on a few funders — its largest provides 84% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
99% 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 THE MUSIC ACADEMY NFP.
Largest funder’s share by year: 2018 100% · 2019 100% · 2021 100% · 2022 100% · 2023 54% — 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
84% of THE MUSIC ACADEMY NFP's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $11k that is directly attributable, 100% of it comes from funders outside Illinois, across 2 states.
Funder states come from each funder’s own filing. $56k arriving through sponsors registered in 1 state 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.
Against its field
THE MUSIC ACADEMY NFP receives grants from 3 organizations whose IRS filings report $66k to it.
this organization peer median middle 50% of peers· 630 arts & culture nonprofits $100k–$1M, FY2026
Organizations like THE MUSIC ACADEMY NFP
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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
85% of spending goes to programs.
Governance
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
Part of a family of 1 related entity
- The Music Academy Foundation · exempt
Screen this organization
A dated, signed PDF of the compliance screen for THE MUSIC ACADEMY NFP: 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.
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 THE MUSIC ACADEMY NFP?
- THE MUSIC ACADEMY NFP (Illinois) receives grants from 3 organizations whose IRS filings report $66,456 to it, the largest being Community Foundation of Northern IL ($55,956). 1 of them have funded it in more than one year, and 84% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does THE MUSIC ACADEMY NFP have?
- IRS filings report 3 organizations giving $66,456 in grants to THE MUSIC ACADEMY NFP, 1 of which have funded it in more than one year.
- Who is the largest funder of THE MUSIC ACADEMY NFP?
- Community Foundation of Northern IL is the largest funder on record, with $55,956 in grants. The full list of funders is on this page.
- How can an organization like THE MUSIC ACADEMY NFP 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 Academy Nfp →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2026 (financials across 2017–2026), and the filings of 3 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 22, 2026. What this page cannot tell you · view filing