2026-02-24T17:11:42-06:00 2025-08-31 582487348 Aprio Advisory Group LLC 111 Rockville Pike Suite 600 Rockville MD 20850 990 2024-09-01 510192597 The People's Music School PEOP 7737847032 931 W Eastwood Avenue Chicago IL 60640 Miriam Goldberg Owens President & CEO 7737847032 2026-02-20 1 1 Stacy Cullen P00974308 3012316200 2026-02-17 2024 2025-03-06 01:10:19Z Miriam Goldberg Owens 931 W Eastwood Avenue Chicago IL 60640 4349187 0 X peoplesmusicschool.org X 1976 IL To deliver high-quality, tuition free music education. 18 18 106 800 0 0 2650789 3958913 0 0 68262 51560 162921 158440 2881972 4168913 28003 25839 0 0 2622975 2538239 0 0 542783 673946 641540 3324924 3205618 -442952 963295 3393065 5108795 197949 950384 3195116 4158411 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 2400577 25839 The People's Music School delivered tuition-free music education to 819 students from across Chicago in FY25. 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. 2400577 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 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 44 0 1 106 1 0 0 0 0 0 0 0 0 0 0 0 0 X 18 18 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- Left 2.00 X X 0 0 0 Julie Lopez Secretary- Left 2.00 X X 0 0 0 Uma Chandrasekaran Director 1.00 X 0 0 0 Kevin Dolan Secretary 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- Left 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- Left 1.00 X 0 0 0 Laura Sutphen Director- Left 1.00 X 0 0 0 Cecy VanGetson Director 1.00 X 0 0 0 Cici Zheng Director 1.00 X 0 0 0 Juanna Blackwell Director 1.00 X 0 0 0 Christie Crouch Director 1.00 X 0 0 0 EJ Hunter Director 1.00 X 0 0 0 Joe Idaszak Director 1.00 X 0 0 0 Nancy Power Director 1.00 X 0 0 0 Anthony Salazar Director 1.00 X 0 0 0 Rob Whiteman Director 1.00 X 0 0 0 Miriam Owens President & CEO 40.00 X 180443 0 7717 Kasia Johnson Chief Financial Officer 40.00 X 115000 0 9104 Natalie Butler Chief Program Officer 40.00 X 174938 0 10487 Marc Wilson Chief of Strategy and Part 40.00 X 135035 0 11360 Jennifer Riskind Director of Development 40.00 X 106215 0 10011 711631 0 48679 5 0 1 0 0 350039 642531 2966343 82870 3958913 52262 52262 702 -702 -702 -702 336931 350039 179572 157359 157359 Miscellaneous 900099 1081 1081 1081 4168913 0 0 210000 25839 25839 302094 226556 25165 50373 1913646 1435503 159205 318938 22133 16598 1844 3691 127853 95884 10650 21319 172513 129018 14578 28917 18580 17580 1000 86744 73431 10763 2550 5163 5163 26948 18768 3217 4963 68888 31140 4217 33531 101338 92131 2540 6667 81093 77960 51 3082 60629 52419 2580 5630 39252 27890 3134 8228 In-kind Donations 82870 44277 38593 Instrument Costs 27574 27574 Payroll Processing Fees 15190 10785 1215 3190 Furniture and Equipment 12250 9014 893 2343 15021 5790 4626 4605 3205618 2400577 262258 542783 146637 144778 2331330 2235730 285062 1453380 75 67555 74660 2114080 1723353 451355 390727 84482 0 26569 809520 3393065 5108795 87904 138750 110045 811634 197949 950384 X 2551907 2335571 643209 1822840 3195116 4158411 3393065 5108795 963295 0 X X 0 1 X 1 0 X 3109501 2428963 2838862 2806734 3958883 15142943 3109501 2428963 2838862 2806734 3958883 15142943 1504765 13638178 3872 1341 81264 66751 52262 205490 16385 35409 690 4182 1081 57747 15406180 709912 0.88520 0.89140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1673902 43013 362645 1354270 1612796 61330 224 1673902 1511914 183113 19696 101927 1612796 2617903 116000 1011 1223000 1511914 2368499 247240 2164 2617903 0.98341 0.01659 0 0 60000 60000 1289263 1247152 42111 481089 212631 268458 283728 263570 20158 390727 Right-of-Use-Assets 809520 809520 Operating Lease Liabilities 811634 811634 X 4384240 35755 179572 215327 4168913 0 4168913 3420945 35755 179572 215327 3205618 0 3205618 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 X, Line 2: The Organization is a nonprofit organization exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Accordingly, no provision for federal income taxes is required. The Organization applies the guidance on accounting for uncertain tax positions in FASB ASC 740 Income Taxes. The Organization is no longer subject to income tax examinations for tax years up to and including 2022. Part XI, Line 2d - Other Adjustments: Fundraising Expense 179,572. Part XII, Line 2d - Other Adjustments: Fundraising Expense 179,572. Gala 686970 350039 336931 179572 686970 350039 336931 179572 179572 157359 1 Scholarships 26 25839 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 180443 0 0 0 0 0 3609 0 4108 0 188160 0 0 0 Natalie Butler Chief Program Officer 174938 0 0 0 0 0 2793 0 7694 0 185425 0 0 0 Part I, Line 3 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. X Musical Instruments / Equipment 43 82870 FMV 0 0 0 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.