Education : Youth Education Programs and Services

Merit School of Music

Making music . . .building lives

impact data icon

Impact Information is available from our partner, GuideStar

three stars

89.74

Joy Faith Knapp Music Center 38 South Peoria Street
Chicago, IL 60607
tel: (312) 786-9428   Web Site
EIN: 36-3028768

Board Leadership
Nina G. Stillman
Board Chair

CEO
Charles Grode
President & Executive Director

  Score
(out of 100)
Rating
Overall Score & Rating 89.74 three stars
  Financial 87.90 three stars
  Accountability & Transparency 92.00 four stars
This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.

Merit School of Music provides high-quality music education to students in metropolitan Chicago. Its primary goals are to help young people achieve their full musical potential, to remove economic barriers to participation, and to stimulate personal and educational growth through music. Merit offers a full range of music programming for children, ages newborn to 18 years, including early childhood classes, beginning, intermediate and advanced instrumental and vocal group instruction, private lessons, theory classes, ensembles and musical theatre. Merit's classes are offered at dozens of sites throughout Chicago and Northwest Indiana. This year, the School will reach nearly 5,000 young people throughout Chicagoland.

Merit School of Music provides high-quality music education to students in metropolitan Chicago. Its primary goals are to help young people achieve their full musical potential, to remove economic barriers to participation, and to stimulate personal and educational growth through music. Merit offers a full range of music programming for children, ages newborn to 18 years, including early childhood classes, beginning, intermediate and advanced instrumental and vocal group instruction, private lessons, theory classes, ensembles and musical theatre. Merit's classes are offered at dozens of sites throughout Chicago and Northwest Indiana. This year, the School will reach nearly 5,000 young people throughout Chicagoland.

Impact Information

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This impact information is current as of September 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

three stars

87.90

Accountability & Transparency

four stars

92.00

This rating was published 08/01/2019 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
79.2%
  Administrative Expenses 12.7%
  Fundraising Expenses 7.9%
  Fundraising Efficiency $0.18
  Working Capital Ratio (years) 2.50
  Program Expenses Growth 1.1%
  Liabilities to Assets 3.6%
All data for Financial Performance Metrics calculations was provided by Merit School of Music on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Merit School of Music on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,686,394
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,021,188
   Related Organizations $0
   Government Grants $41,200
Total Contributions $2,748,782
   Program Service Revenue $2,815,284
Total Primary Revenue $5,564,066
   Other Revenue $1,119,493
TOTAL REVENUE $6,683,559
   
EXPENSES  
   Program Expenses $5,346,988
   Administrative Expenses $1,112,139
   Fundraising Expenses $521,099
TOTAL FUNCTIONAL EXPENSES $6,980,226
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-296,667
   
Net Assets $23,126,841

Charts

Compensation % of Expenses Paid to Title
$179,500 2.57% Charles Grode President and Executive Director

Mission

Merit School of Music provides high-quality music education to students in metropolitan Chicago. Its primary goals are to help young people achieve their full musical potential, to remove economic barriers to participation, and to stimulate personal and educational growth through music. Merit offers a full range of music programming for children, ages newborn to 18 years, including early childhood classes, beginning, intermediate and advanced instrumental and vocal group instruction, private lessons, theory classes, ensembles and musical theatre. Merit's classes are offered at dozens of sites throughout Chicago and Northwest Indiana. This year, the School will reach nearly 5,000 young people throughout Chicagoland.

Highly Rated

Charity Name & State Overall Score Overall Rating
Merit School of Music (IL) 89.74 three stars
Inner-City Arts (CA) 91.91 four stars
National YoungArts Foundation (FL) 87.42 three stars
Settlement Music School (PA) 93.82 four stars
MacPhail Center for Music (MN) 88.48 three stars

Compare These Charities (Highly Rated)

Charity Contact Info

Merit School of Music
Joy Faith Knapp Music Center
38 South Peoria Street
Chicago, IL 60607
tel: (312) 786-9428
fax: (312) 267-4489
EIN: 36-3028768

Visit Web Site

Board Leadership

Nina G. Stillman
Board Chair

CEO

Charles Grode
President & Executive Director