2025-04-14T19:59:48-05:00 2024-08-31 582487348 Aprio Advisory Group LLC 111 Rockville Pike Suite 600 Rockville MD 20850 990 2023-09-01 510192597 The People's Music School PEOP 7737847032 931 W Eastwood Avenue Chicago IL 60640 Miriam Goldberg Owens President & CEO 7737847032 2025-04-13 1 0 Stacy Cullen P00974308 3012316200 2025-04-13 2023 2025-03-06 01:10:19Z Miriam Goldberg Owens 931 W Eastwood Avenue Chicago IL 60640 3094162 0 X peoplesmusicschool.org X 1976 IL To deliver high-quality, tuition free music education. 17 17 96 800 0 0 2582053 2650789 0 0 81264 68262 92142 162921 2755459 2881972 25206 28003 0 0 2521937 2622975 0 0 560523 700667 673946 3247810 3324924 -492351 -442952 3871263 3393065 233195 197949 3638068 3195116 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) 0 0 2470805 28003 The People's Music School delivered tuition-free music education to 717 students from across Chicago in FY24. At our four program sites, each student received between 2-4 hours of high-quality musical instruction each week. Our students received instruction in a variety of musical genres and learning settings including private lessons, group lessons, musicianship classes, general music classes, and chamber ensembles. 2470805 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 41 0 1 96 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X Miriam Goldberg Owens 7737847032 931 W Eastwood Avenue Chicago IL 60640 Michael Buck President 2.00 X X 0 0 0 Steven Shaw Vice President 2.00 X X 0 0 0 Peter Sheren Treasurer 2.00 X X 0 0 0 Julie Lopez Secretary 2.00 X X 0 0 0 Uma Chandrasekaran Director 1.00 X 0 0 0 Kevin Dolan Director 1.00 X 0 0 0 Ellen Feldman Director 1.00 X 0 0 0 Gary Hart Director 1.00 X 0 0 0 Kia Javanmardian Director 1.00 X 0 0 0 Carolyn Jaw Director 1.00 X 0 0 0 Nalini Kotamraju Director 1.00 X 0 0 0 Adam Lucas Director 1.00 X 0 0 0 Stephanie Macakanja Director 1.00 X 0 0 0 Laura Sutphen Director 1.00 X 0 0 0 Cecy VanGetson Director 1.00 X 0 0 0 Cici Zheng Director 1.00 X 0 0 0 Miriam Owens President & CEO 40.00 X 178816 0 5943 Kasia Johnson Chief Financial Officer 40.00 X 107863 0 8674 Natalie Butler Chief Program Officer 40.00 X 123874 0 8759 Marc Wilson Chief of Strategy and Partnership 40.00 X 120848 0 7628 531401 0 31004 4 0 1 0 0 291544 446682 1912563 222264 2650789 66751 66751 1511 0 1511 1511 1511 370929 291544 212190 158739 158739 Miscellaneous 900099 4182 4182 4182 2881972 0 0 231183 28003 28003 431513 318370 35769 77374 1879440 1386648 155792 337000 15713 11593 1302 2818 119835 88414 9933 21488 176474 130202 14628 31644 5925 5925 15185 15185 96190 87970 7192 1028 5630 5630 27476 17049 5455 4972 61077 21305 9896 29876 85640 78155 2686 4799 91100 88168 275 2657 107669 92539 4755 10375 34394 24068 3450 6876 In-kind Donations 51100 31508 19592 Instrument Costs 37329 37329 Staff Development 18570 1905 16626 39 Payroll Processing Fees 13704 10811 1100 1793 22957 16768 3627 2562 3324924 2470805 293596 560523 339206 146637 2340458 2331330 521564 285062 75 75 26423 67555 2114080 1662725 504112 451355 77264 84482 62161 26569 3871263 3393065 94866 87904 138329 110045 233195 197949 X 2870159 2551907 767909 643209 3638068 3195116 3871263 3393065 -442952 0 X X 0 1 X 1 0 X 1878841 3109501 2428963 2838862 2806734 13062901 1878841 3109501 2428963 2838862 2806734 13062901 1206084 11856817 28235 3872 1341 81264 66751 181463 16385 35409 690 4182 56666 13301030 800662 0.89140 0.87090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1612796 61330 224 1673902 1511914 183113 19696 101927 1612796 2617903 116000 1011 1223000 1511914 2368499 247240 2164 2617903 2279289 68000 21210 2368499 0.98341 0.01659 0.00000 0 0 60000 60000 1289263 1245379 43884 481089 170666 310423 283728 246680 37048 451355 Deferred Compensation 83476 Operating Lease Liabilities 26569 110045 3125610 31448 212190 243638 2881972 0 2881972 3568562 31448 212190 243638 3324924 0 3324924 Part V, Line 4: The organization's endowments consist of permanently restricted funds designated for summer program scholarships and board-designated funds. The board-designated funds include an operating reserve for unanticipated expenses or losses and a growth fund to provide capital for future strategic plans. Part XI, Line 2d - Other Adjustments: Fundraising Expense 212,190. Part XII, Line 2d - Other Adjustments: Fundraising Expense 212,190. Gala 662473 291544 370929 212190 662473 291544 370929 212190 212190 158739 1 Scholarships 25 28003 Part I, Line 2: The program manager tracks summer ambassador opportunities and costs, and leads on helping students secure discounts and scholarships from the festivals themselves. X X 0 0 0 0 0 0 0 0 0 Miriam Owens President & CEO 178816 0 0 0 0 0 3700 0 2243 0 184759 0 0 0 X 6 171164 FMV X Musical Instruments / Equipment 25 82548 FMV 0 0 0 0 Part I, Column (b): The numbers in column (B) represents the number of contributions. Form 990, Part I, Line 1 could not afford it. The Organization is supported primarily through contributions and grants. The Organization provides intensive afterschool music instruction to Chicago students and supports elementary school music teachers with general music curriculum and coaching in Chicago. Form 990, Part VI, Section B, line 11b The CFO provides inputs to Form 990, the auditors prepare the form, and the president and chief executive officer review it. Form 990, Part VI, Section B, line 12c Board members sign the conflict-of-interest policy once a year. Form 990, Part VI, Section B, line 15 The CEO and CFO benchmark salaries with comparable organizations to determine, review, and approve staff compensation. The board benchmarks salaries with comparable organizations to determine, review, and approve staff compensation. Form 990, Part VI, Section C, line 19 Available on organization's website. Form 990, Part XII, Line 2c: There were no changes to the organization's selection process or oversight process during the year.