2026-08-27T08:10:02+00:00 2025-12-31 331498605 PLANTE & MORAN PLLC 10 SOUTH RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2025-01-01 362373635 OLD TOWN SCHOOL OF FOLK MUSIC OLDT 7737286000 4544 NORTH LINCOLN AVENUE CHICAGO IL 60625 KEN KAUFMAN CHAIRMAN OF BOARD 7737286000 2026-08-27 true KIMBERLY A HAUMANN P00546491 3122071040 2026-08-25 2025 2025-03-06 01:10:19Z KEN KAUFMAN 4544 NORTH LINCOLN AVENUE CHICAGO IL 60625 20047057 false X WWW.OLDTOWNSCHOOL.ORG X 1962 IL OLD TOWN SCHOOL BRINGS PEOPLE TOGETHER TO LEARN, CREATE, PERFORM, AND ENJOY MUSIC AND DANCE. 24 24 389 350 0 0 3509588 4077317 9476506 10751280 338325 349363 643180 788572 13967599 15966532 187438 207468 0 9382270 9860564 0 0 1063981 5475582 5736379 15045290 15804411 -1077691 162121 26666761 27587958 2504408 2698154 24162353 24889804 X THE OLD TOWN SCHOOL BEGAN AS A DREAM OF CHICAGO POLITICAL PROGRESSIVES WIN STRACKE, DAWN GREENING, FRANK HAMILTON, AND IN A SUPPORTING ROLE, STUDS TERKEL. THE SCHOOL'S HISTORY INVOLVES ALUMNI STEVE GOODMAN, JOHN PRINE, BONNIE KOLOC AND ROGER MCGUINN, AND PERFORMERS LIKE PETE SEEGER, BIG BILL BROONZY, ODETTA, AND MAHALIA JACKSON. TODAY, OLD TOWN SCHOOL OF FOLK MUSIC IS THE LARGEST COMMUNITY MUSIC SCHOOL IN THE US, THE LARGEST EMPLOYER OF TEACHING ARTISTS AND AN INTERNATIONAL MODEL FOR COMMUNITY MUSIC AND MOVEMENT. false false 6444131 207468 7274751 ART INSTRUCTION: OUR PROGRAMMING IS ENDORSED BY THE ACCREDITING COMMISSION FOR COMMUNITY AND PRECOLLEGIATE ARTS SCHOOLS (ACCPAS). DURING 2025, 24,542 STUDENTS MADE OVER 34,000 REGISTRATIONS IN OUR INSTRUMENTAL, DANCE AND OTHER PROGRAMS INVOLVING OVER 700 CLASSES EACH WEEK, AND OVER 60 ENSEMBLES AND 400 WORKSHOPS AT OUR THREE FACILITIES IN LINCOLN SQUARE AND LINCOLN PARK. IN ORDER TO REMOVE BARRIERS TO PARTICIPATION IN OUR PROGRAMS, OLD TOWN SCHOOL PROVIDED A TOTAL OF $206,326 IN FINANCIAL AID TO 395 INDIVIDUALS DURING 2025, INCLUDING 122 INDIVIDUAL CHILDREN AND 15 TEENS, REPRESENTING 31% OF THE AWARDEES. 3045415 2863445 OLD TOWN SCHOOL IS A PROLIFIC CONCERT VENUE. DURING 2025, WE PRESENTED OVER 200 TICKETED EVENTS ENJOYED BY 63,235 TICKETHOLDERS. IN JULY, OUR ANNUAL SUMMER SQUARE ROOTS FESTIVAL WAS ATTENDED BY OVER 45,000. 1716450 172800 OUTREACH: WORLD MUSIC PROGRAMMING - THE WORLD MUSIC WEDNESDAY SERIES ANNUALLY PRESENTS 40 INTERNATIONAL ARTISTS CO-PRODUCED WITH DOZENS OF LOCAL, NATIONAL AND INTERNATIONAL PARTNERS. DURING 2025, WORLD MUSIC WEDNESDAYS HOSTED 5,820 CONCERT ATTENDEES. COMMUNITY VENTURES: DURING 2025, OUR CPS PARTNERSHIPS SERVED 1,615 IN 18 SCHOOLS. PARTICIPATION IN INGENUITY, INC. AND EMBARC ADDED SERVICE TO AN ADDITIONAL 368 CHILDREN IN 10 SCHOOLS. 1,265 CHILDREN WERE SERVED THROUGH OUR EXPANDED WIGGLEWORMS-IN-RESIDENCE PROGRAMMING: 501 EARLY CHILDHOOD STUDENTS AT CAROLE ROBERTSON CENTER'S THREE MAIN SITES AND 273 AT FOUR NEW SITES IN NORTH LAWNDALE. SUMMER PROGRAMMING SERVED 190 AND NEW IN-SCHOOL PROGRAMMING SERVED 301. OUR SOUTH AND WEST SIDE MUSIC MOVES CHICAGO PROGRAM PROVIDES CLASSES IN A VARIETY OF DISCIPLINES, APPRENTICESHIP OPPORTUNITIES, AND LIBERATORY SOCIAL JUSTICE PERSPECTIVES TO YOUTH AND ADULTS. MUSIC MOVES SERVED 7,382 PARTICIPANTS DURING 2025, ENGAGED 20 ORGANIZATIONAL PARTNERS AND EMPLOYED 31 TEACHING ARTISTS AND 10 ARTS ACTIVATORS. A TOTAL OF 4,026 CPS STUDENTS ATTENDED 17 FIELD TRIP CONCERTS AT OUR LINCOLN SQUARE CAMPUS. 991271 1360090 OLD TOWN SCHOOL OF FOLK MUSIC'S CAMPUS INCLUDES A RETAIL MUSIC STORE WHICH PROVIDES INSTRUMENTS FOR PURCHASE OR RENTAL TO OUR STUDENTS. THE SCHOOL ALSO SERVES CUSTOMERS THROUGH OUR WEBSITE AND A THIRD PARTY ONLINE WEBSITE, REVERB. AN IN-HOUSE CAFE OPERATES DURING CONCERTS, SERVING DRINKS AND SNACKS. 991271 1360090 12197267 true true false false false false false true false true true false false false true false true false true false false false false false true false false false true true false false false false false false false false false false true false false false false false false false false false true 344 0 true 389 true false false false false false false false false false false false false X 24 24 false false false false false false false true true false false false true true true true true true true true false false IL X GAIL PRETE 7737513331 4544 N LINCOLN AVENUE CHICAGO IL 60625 KATE TOMFORD VICE CHAIR 2.0 0.0 X X 0 0 0 KENNETH KAUFMAN CHAIRMAN 4.0 0.0 X X 0 0 0 MICHAEL WARNER SECRETARY 2.0 0.0 X X 0 0 0 TIM HUNTER TREASURER 2.0 0.0 X X 0 0 0 ANNE PHILLIPS DIRECTOR 1.0 0.0 X 0 0 0 CANDICE ROSEVEAR DIRECTOR 1.0 0.0 X 0 0 0 DAVID LENTZ DIRECTOR 1.0 0.0 X 0 0 0 EDDIE LAWLOR DIRECTOR 1.0 0.0 X 0 0 0 ERIC NORDNESS DIRECTOR 1.0 0.0 X 0 0 0 ERNEST DAWKINS DIRECTOR 1.0 0.0 X 0 0 0 GERALDINE KEEFE DIRECTOR 1.0 0.0 X 0 0 0 JEFF JUDGE DIRECTOR 1.0 0.0 X 0 0 0 KIM MORAN DIRECTOR 1.0 0.0 X 0 0 0 KISH KHEMANI DIRECTOR 1.0 0.0 X 0 0 0 LORI SEAMAN DIRECTOR 1.0 0.0 X 0 0 0 LOUISE FRANK DIRECTOR 1.0 0.0 X 0 0 0 MARTINA KELLER DIRECTOR 1.0 0.0 X 0 0 0 MARY BETH BERKOFF DIRECTOR 1.0 0.0 X 0 0 0 MIKE PRUSSIAN DIRECTOR 1.0 0.0 X 0 0 0 OLIVER G PRINCE JR DIRECTOR 1.0 0.0 X 0 0 0 RANA KOMAR DIRECTOR 1.0 0.0 X 0 0 0 ROBERT D OSPALIK DIRECTOR 1.0 0.0 X 0 0 0 SUSAN KESSELL DIRECTOR 1.0 0.0 X 0 0 0 YOLANDA LAWLER DIRECTOR 1.0 0.0 X 0 0 0 GAIL PRETE CFO 40.0 0.0 X 121576 0 11627 TROY ANDERSON CEO 40.0 0.0 X 263695 0 8239 MARY JANE DREWS DIR. OF INSTITUTIONAL ADVANCEMENT 40.0 0.0 X 247211 0 17371 DAVE ZIBELL DIRECTOR OF MARKETING 40.0 0.0 X 99909 0 368 DAWN PATCH SR DIRECTOR OF OPERATIONS 40.0 0.0 X 99131 0 20811 GREGG TAGER DIRECOR OF INFO TECHNOLOGY 40.0 0.0 X 106374 0 7820 JOHN HUBER DIRECTOR OF EDUCATION 40.0 0.0 X 106419 0 15465 TROY HANSBROUGH SR DIRECTOR OF PROGRAMMING 40.0 0.0 X 135587 0 21914 1179902 0 103615 8 false true false 0 592978 1141160 65000 2278179 240483 4077317 TUITION 611600 7274751 7274751 CONCERT ADMISSION/SALES 711300 2863445 2863445 REFERRALS 900099 240658 240658 COMMUNITY PROGRAMS/OUTREACH 900099 170800 170800 MEDIA PRODUCT REVENUE 900099 75921 75921 125705 125705 0 0 10751280 354518 354518 0 0 2867567 151611 2867567 156766 0 -5155 -5155 -5155 77040 1141160 208274 -131234 -131234 1767724 847918 919806 919806 0 0 0 0 0 15966532 11671086 0 218129 X 207468 207468 386181 266764 119417 7992735 6671192 663524 658019 103258 78719 15473 9066 772182 588679 115709 67794 606208 501610 52415 52183 64224 18433 45791 63415 18201 45214 2223986 2084159 139827 0 598081 593953 4128 359619 162465 158247 38907 77324 70372 3561 3391 249649 226856 11889 10904 145900 143436 2402 62 778460 443708 313371 21381 76965 69938 3665 3362 BANKING AND CREDIT CARD 373159 321592 30233 21334 BUILDING AND EQUIPMENT 142840 125902 12351 4587 CONCERT PRODUCTION 298621 298621 0 0 MEMBERSHIP MAINTENANCE 49032 0 0 49032 235104 165916 68774 414 15804411 12197267 2543163 1063981 3841337 3956604 535514 830281 0 0 0 0 338524 356746 85409 165511 26573304 11584000 15325245 14989304 6503889 7164118 0 0 36843 125394 26666761 27587958 732407 833194 1734232 1739287 0 0 37769 125673 2504408 2698154 X 21190800 21225811 2971553 3663993 24162353 24889804 26666761 27587958 162121 565330 0 X false true true false X 7211186 6370266 3313741 3509588 4077317 24482098 0 0 0 0 7211186 6370266 3313741 3509588 4077317 24482098 204702 24277396 58174 129624 449346 393250 354518 1384912 0 0 1000093 1337745 1777976 1687301 1844764 7647879 33514889 43032126 0.72438 0.7541 X 0 0 0 0 0 0 SCHEDULE A, PART II, LINE 10 OTHER INCOME DESCRIPTION - , COLUMN A - 1000093.0, COLUMN B - 1337745.0, COLUMN C - 1777976.0, COLUMN D - 1687301.0, COLUMN E - 1844764.0, COLUMN F - 7647879.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X false 5271811 2571875 813355 8657041 3149372 1582500 539939 5271811 2562730 36500 550142 3149372 2901393 85000 -423663 2562730 1405338 1349302 146753 2901393 0.6549 0.2505 0.0946 false false 2002581 2002581 19205051 8850529 10354522 3587514 1595735 1991779 1778158 1137736 640422 14989304 FEDERAL INCOME TAXES LEASE LIABILITY - FINANCE 125673 125673 17588054 565330 1056192 1621522 15966532 0 0 15966532 16860603 1056192 1056192 15804411 0 0 15804411 SCHEDULE D, PART III, LINE 1A COLLECTIONS OF ART - FINANCIAL STATEMENT FOOTNOTE THE ORGANIZATION'S MUSEUM COLLECTION INCLUDES ANTIQUE AND PERIOD FOLK INSTRUMENTS, TEXTBOOKS, AND MUSIC BOOKS. IN CONFORMITY WITH THE PRACTICE COMMONLY FOLLOWED BY MOST AMERICAN ART MUSEUMS, THE VALUE OF THE COLLECTION IS NOT INCLUDED IN THE FINANCIAL STATEMENTS. SCHEDULE D, PART III, LINE 4 COLLECTIONS OF ART - DESCRIPTION OF COLLECTIONS ONE MARTIN GUITAR FORMERLY OWNED BY JOHN LENNON AND PLAYED IN HIS FINAL PUBLIC PERFORMANCE, ONE MARTIN GUITAR FORMERLY OWNED BY BIG BILL BROONZY, AND MORE THAN 20,000 RECORDINGS, VIDEOS, BOOKS, VINTAGE POSTERS, MUSICAL ARTIFACTS AND PERIODICALS. THEY FURTHER THE ORGANIZATION'S EXEMPT PURPOSE BY PROVIDING A TOOL TO EDUCATE AND INFORM PATRONS ABOUT MUSIC AND CULTURE. SCHEDULE D, PART V, LINE 4 INTENDED USES OF ENDOWMENT FUNDS THE ENDOWMENT FUNDS ARE USED TO SUPPORT THE GENERAL OPERATIONS OF THE SCHOOL, INCLUDING FINANCIAL AID TO OLD TOWN SCHOOL STUDENTS AND FREE PROGRAMMING IN THE COMMUNITY. SCHEDULE D, PART XI, LINE 2(D) OTHER REVENUES IN AUDITED FINANCIAL STATEMENTS NOT IN FORM 990 SPECIAL EVENTS - 208274 SALE OF INVENTORY - COST OF GOODS SOLD - 847918 SCHEDULE D, PART XII, LINE 2(D) OTHER EXPENSES IN AUDITED FINANCIAL STATEMENTS NOT IN FORM 990 SPECIAL EVENTS - 208274 SALE OF INVENTORY - COST OF GOODS SOLD - 847918 true true true true true true true false false false false false false false false true false true SCHEDULE E, PART I, LINE 3 RACIALLY NONDISCRIMINATORY POLICY OLD TOWN SCHOOL'S NONDISCRIMINATION POLICY IS ON ITS WEBSITE, IN EMPLOYMENT APPLICATIONS, AND ON STUDENT MATERIALS. SCHEDULE E, PART I, LINE 6(A) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT EXPLANATION OF GOVERNMENT FINANCIAL AID: THE SCHOOL RECEIVED TOTAL GRANTS OF APPROXIMATELY $700,000 FROM VARIOUS GOVERNMENTAL AGENCIES TO HELP FUND SPECIAL PROGRAMS AND GENERAL OPERATIONS. DINNER AND CONCERT 1218200 1141160 77040 208274 0 0 1218200 1141160 77040 208274 208274 -131234 true FINANCIAL AID 455 0 207468 BOOK (CALCULATED AS TUITION LESS DISCOUNT) DISCOUNTED TUITION BASED ON DEMONSTRATED NEED SCHEDULE I, PART I, LINE 2 PROCEDURES FOR MONITORING USE OF GRANT FUNDS AWARDS ARE SOLELY FINANCIAL AID FOR CLASSES AND PRIVATE LESSONS OFFERED INTERNALLY AND ARE IN THE FORM OF DISCOUNTS TO TUITION (NOT CASH). X X X false false false false false false false false false TROY ANDERSON CEO 263695 0 0 0 0 0 7800 0 439 0 271934 0 0 0 MARY JANE DREWS DIR. OF INSTITUTIONAL ADVANCEMENT 247211 0 0 0 0 0 7840 0 9531 0 264582 0 0 0 TROY HANSBROUGH SR DIRECTOR OF PROGRAMMING 135587 0 0 0 0 0 4353 0 17561 0 157501 0 0 0 8 119036 OTHER - AVERAGE X RUGS 1 39500 OTHER - FMV X DONATED CONCERT TICKETS (TICKETS PURCHASED AND THEN RETURNED WHEN PURCHASER COULD NOT ATTEND) 1236 55627 OTHER - FACE VALUE OF TICKET X AUCTION ITEMS FOR GALA 14 26320 OTHER - RETAIL VALUE OF DONATED ITEMS 0 false false false FORM 990, PART III, LINE 4A-4C DESCRIPTION OF PROGRAM SERVICES (EXPENSES $ 991,271 INCLUDING GRANTS OF $)(REVENUE $ 1,360,090) OLD TOWN SCHOOL OF FOLK MUSIC'S CAMPUS INCLUDES A RETAIL MUSIC STORE WHICH PROVIDES INSTRUMENTS FOR PURCHASE OR RENTAL TO OUR STUDENTS. THE SCHOOL ALSO SERVES CUSTOMERS THROUGH OUR WEBSITE AND A THIRD PARTY ONLINE WEBSITE, REVERB. AN IN-HOUSE CAFE OPERATES DURING CONCERTS, SERVING DRINKS AND SNACKS. FORM 990, PART VI, LINE 11B REVIEW OF FORM 990 BY GOVERNING BODY THE BOARD RETAINS THE SERVICES OF AN INDEPENDENT CPA FIRM TO PREPARE THE OLD TOWN ORGANIZATION'S FORM 990. EACH MEMBER OF THE BOARD OF DIRECTORS IS PROVIDED A FULL COPY OF THE COMPLETED FORM 990 PRIOR TO FILING. THE FINANCE AND AUDIT COMMITTEE OF THE BOARD REVIEWS THE COMPLETED FORM 990 AND RECOMMENDS THAT THE FULL BOARD APPROVE THE FILING OF FORM 990 AS PREPARED. FORM 990 IS FILED ONLY AFTER BOARD APPROVAL. FORM 990, PART VI, LINE 12C CONFLICT OF INTEREST POLICY OFFICERS, DIRECTORS, TRUSTEES AND KEY EMPLOYEES ARE ANNUALLY REQUIRED TO COMPLETE A CONFLICT OF INTEREST DISCLOSURE STATEMENT AS A PRECURSOR TO THEIR SERVICE TO THE ORGANIZATION. POTENTIAL CONFLICTS ARE LOGGED WITH AND MONITORED BY THE SECRETARY OF THE BOARD. THOSE PERSONS WITH CONFLICTS OF INTEREST ARE NOT ALLOWED TO PARTICIPATE IN DECISIONS ABOUT MATTERS TO WHICH THE CONFLICT IS DIRECTLY OR INDIRECTLY RELEVANT. FORM 990, PART VI, LINE 15A PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL THE SCHOOL'S EXECUTIVE COMMITTEE, COMPOSED ENTIRELY OF INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS, IS RESPONSIBLE FOR ESTABLISHING COMPENSATION FOR THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR SUBMITS AN ANNUAL SELF-APPRAISAL TO THE BOARD CHAIR, WHO SHARES IT WITH THE EXECUTIVE COMMITTEE TO DISCUSS SETTING SUCCESSIVE YEAR'S COMPENSATION. IF AN ANNUAL INCREASE IN EXCESS OF INFLATION OR COST OF LIVING IS CONSIDERED, COMPARABLE DATA FROM OTHER NONPROFITS OF APPROXIMATELY THE SAME SIZE IS USED AS GUIDEPOSTS. THE FINAL DETERMINATION IS DOCUMENTED IN AN EMAIL THAT THE BOARD CHAIR SENDS TO THE HUMAN RESOURCE DIRECTOR. COMPENSATION FOR THE DIRECTOR OF INSTITUTIONAL ADVANCEMENT IS DETERMINED BY THE EXECUTIVE DIRECTOR, FOLLOWING A STANDARD ANNUAL PERFORMANCE REVIEW. IF AN ANNUAL INCREASE IN EXCESS OF INFLATION OR COST OF LIVING IS CONSIDERED DUE TO EXEMPLARY PERFORMANCE AND/OR TO BRING THE SALARY MORE IN LINE WITH COMPARABLE POSITIONS AT AREA NONPROFITS, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS IS ASKED TO REVIEW AND APPROVE THE EXECUTIVE DIRECTOR'S RECOMMENDATION. THE EXECUTIVE DIRECTOR THEN DOCUMENTS THE FINAL COMPENSATION DETERMINATION IN A MEMO, WHICH IS FORWARDED TO THE HUMAN RESOURCE DIRECTOR. FORM 990, PART VI, LINE 19 REQUIRED DOCUMENTS AVAILABLE TO THE PUBLIC GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE THROUGH APPLICABLE GOVERNMENTAL AGENCIES; THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON WRITTEN REQUEST TO THE ORGANIZATION. FORM 990, PART VIII, LINE 2F OTHER PROGRAM SERVICE REVENUE PARKING LOT - TOTAL REVENUE: 75508, RELATED OR EXEMPT FUNCTION REVENUE: 75508, UNRELATED BUSINESS REVENUE: , REVENUE EXCLUDED FROM TAX UNDER SECTIONS 512, 513, OR 514: ; ALL OTHER - TOTAL REVENUE: 50197, RELATED OR EXEMPT FUNCTION REVENUE: 50197, UNRELATED BUSINESS REVENUE: , REVENUE EXCLUDED FROM TAX UNDER SECTIONS 512, 513, OR 514: ; FORM 990, PART IX, LINE 11G OTHER FEES CONCERT PERFORMER FEES - TOTAL EXPENSE: 1661408, PROGRAM SERVICE EXPENSE: 1661408, MANAGEMENT AND GENERAL EXPENSES: 0, FUNDRAISING EXPENSES: 0; CONTRACTED SERVICES - TOTAL EXPENSE: 333493, PROGRAM SERVICE EXPENSE: 226008, MANAGEMENT AND GENERAL EXPENSES: 107485, FUNDRAISING EXPENSES: 0; ARTIST REFERRALS - TOTAL EXPENSE: 183724, PROGRAM SERVICE EXPENSE: 183724, MANAGEMENT AND GENERAL EXPENSES: 0, FUNDRAISING EXPENSES: 0; OTHER PROFESSIONAL FEES - TOTAL EXPENSE: 45361, PROGRAM SERVICE EXPENSE: 13019, MANAGEMENT AND GENERAL EXPENSES: 32342, FUNDRAISING EXPENSES: 0;