DEMOGRAPHIC
ADDRESS
1335 S MICHIGAN AVE
60605
COUNTY
cook county, IL
IN CARE OF NAME
JOHN SHANNON
ORGANIZATIONAL OVERVIEW & RANKINGS
MUSIC IN THE LOFT is a based in CHICAGO, IL, focused on Arts, Culture and Humanities causes , specifically Performing Arts Organizations. Established in May 1995, it operates as an independent corporation and contributions to this organization are tax-deductible .
With total assets of $35,590.00, this ranks 608,160 among 2,656,690 nonprofits nationally (Top 23%), demonstrating significant financial capacity relative to its peers. At the state level, it stands at 25,752 out of 106,037 organizations in IL (Top 25%).
In cook county, IL, the organization ranks 12,196 out of 46,103 nonprofits by assets (Top 27%), while locally in chicago, it stands at 8,146 among 28,197 organizations (Top 29%).
The organization reported annual revenue of $13,077.00, ranking 580,536 nationally (Top 22%) and 22,932 in IL (Top 22%).
Within its specific NTEE classification (A60 - A: Arts, Culture and Humanities), which includes 5,577 similar organizations, MUSIC IN THE LOFT ranks 789 in assets (Top 15%) and 1,262 in revenue (Top 23%).
Note: This organization's tax-exempt status was temporarily revoked on November 15, 2017 .
The organization files a 990 - Required to file Form 990-N - Income less than $25,000 per year 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
Described in section 509 a 2 of the Code
Cultural performances
NTEE COMMON CODE
A: Arts, Culture and Humanities
NTEE CODE
A60: Performing Arts Organizations
FOUNDATION CODE
16: Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes. 509(a)(2)
EXEMPT ORGANIZATION STATUS CODE
N/A
FINANCIALS
Note: A current revocation appears on the IRS revocation list
Revoked: Wednesday, November 15, 2017;
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
06/2014
ACCOUNTING PERIOD
06
INCOME CODE
2: $10,000 to $24,999
INCOME AMOUNT
$13,077.00
FORM 990 REVENUE AMOUNT
$13,077.00
RULING DATE
05/1995
ASSET CODE
3: $25,000 to $99,999
ASSET AMOUNT
$35,590.00
FILING REQUIREMENT CODE
990 - Required to file Form 990-N - Income less than $25,000 per year
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.
Recently Saved Organizations
Click on the save icon from a search results or organization page.
