Chicago Music Industry Professionals
- Assets
- $3.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- Data as of
- 12/2022
- EIN
- 85-1373245
Organization Overview
Chicago Music Industry Professionals is located in Chicago, IL. According to its NTEE Classification (A01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Music Industry Professionals is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Chicago Music Industry Professionals generated $1.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (66.6%) each year. All expenses for the organization totaled $1.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (62.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION HOSTED A MUSIC INDUSTRY SUMMIT. THE SUMMIT WAS FREE AND OFFERED SEMINARS TEACHING STARTING AND MAINTAINING MUSIC CAREERS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Willie Jones President | 10 | $0 | |
Bill Brown Director | 5 | $0 | |
Sheila Allen-Stokes Director | 5 | $0 | |
Marion Odom Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,355 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,355 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $898 |
| Total expenses | $1,398 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,609 |
| Other assets | $0 |
| Total assets | $3,609 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,609 |