FOUNDATIONS OF MUSIC
CHICAGO,
Illinois,
60616
EIN: 36-3683597
Human Services - Multipurpose and Other
DEMOGRAPHIC
ADDRESS
PO BOX 167294
60616
COUNTY
cook county, IL
ORGANIZATIONAL OVERVIEW & RANKINGS
FOUNDATIONS OF MUSIC is a based in CHICAGO, IL, focused on Human Services - Multipurpose and Other causes . Established in November 1990, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $103,560.00, this ranks 490,532 among 2,656,690 nonprofits nationally (Top 19%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 21,058 out of 106,037 organizations in IL (Top 20%).
In cook county, IL, the organization ranks 10,295 out of 46,103 nonprofits by assets (Top 23%), while locally in chicago, it stands at 7,073 among 28,197 organizations (Top 26%).
The organization reported annual revenue of $259,258.00, ranking 255,076 nationally (Top 10%) and 10,095 in IL (Top 10%).
Within its specific NTEE classification (P580 - P: Human Services - Multipurpose and Other), which includes 21 similar organizations, FOUNDATIONS OF MUSIC ranks 9 in assets (Top 9%) and 5 in revenue (Top 5%).
Note: This organization's tax-exempt status was temporarily revoked on November 15, 2022 .
The organization files a 990 (all other) or 990EZ return and operates on a May fiscal year.
CLASSIFICATION
ORGANIZATION CODE
1: Corporation
DEDUCTIBILITY CODE
1: Contributions are deductible
AFFILIATION CODE
3: Independent
SUBSECTION/CLASSIFICATION CODES
ACTIVITY CODES
Supplying money goods or services to the poor
NTEE COMMON CODE
P: Human Services - Multipurpose and Other
NTEE CODE
N/A
FOUNDATION CODE
15: Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Tuesday, November 15, 2022;
IRS STATEMENT:
"Important note: Just because an organization appears on this list, it does not
mean the organization is currently revoked, as they may have been reinstated."
You may confirm an organization's status by calling the IRS (toll-free) at 1-877-829-5500.
TAX PERIOD
06/2019
ACCOUNTING PERIOD
06
INCOME CODE
4: $100,000 to $499,999
INCOME AMOUNT
$269,607.00
FORM 990 REVENUE AMOUNT
$259,258.00
RULING DATE
11/1990
ASSET CODE
4: $100,000 to $499,999
ASSET AMOUNT
$103,560.00
FILING REQUIREMENT CODE
990 (all other) or 990EZ return
PF FILING REQUIREMENT CODE
No 990-PF return
Disclaimer: While we are confident of the accuracy of the information on this page, we encourage you verify the information directly with IRS. The IRS has a toll-free number for this at 1-877-829-5500 or visit www.irs.gov.
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