2021-04-01T13:33:04-05:00 2020-08-31 363856676 KUTCHINS ROBBINS & DIAMOND LTD 1101 PERMIMETER DRIVE SCHAUMBURG IL 60173 990 2019-09-01 510192597 THE PEOPLE'S MUSIC SCHOOL PEOP 7737847032 931 WEST EASTWOOD AVENUE CHICAGO IL 60640 JENNIFER KIM PRESIDENT & ARTISTIC DIRECTOR 7737847032 2021-02-22 1 ALLEN KUTCHINS P00116318 8472401040 2021-02-22 2019 2022-09-23 18:48:47Z JENNIFER KIM 931 WEST EASTWOOD AVENUE CHICAGO IL 60640 4465636 0 X PEOPLESMUSICSCHOOL.ORG X 1976 IL TO DELIVER HIGH-QUALITY, TUITION FREE MUSIC EDUCATION 18 18 103 900 0 0 2846032 1878841 0 0 19931 27649 -25825 -58532 2840138 1847958 7662 0 0 0 1375582 1657569 0 0 241394 397455 461957 1780699 2119526 1059439 -271568 5300682 5382649 59336 412871 5241346 4969778 X THE PEOPLE'S MUSIC SCHOOL DELIVERS HIGH-QUALITY, TUITION FREE MUSIC EDUCATION TO 850 STUDENTS ACROSS 50 ZIP CODES IN CHICAGO. WE AIM TO UNLOCK THE POTENTIAL OF CHICAGO'S YOUTH BY OFFERING INTENSIVE INSTRUCTION AND PERFORMANCE. THEIR ACHIEVEMENT IN MUSIC TRANSFERS TO OTHER AREAS IN LIFE AND OUR STUDENTS GROW MUSICALLY, SOCIALLY, EMOTIONALLY AND INTELLECTUALLY. THEY DEVELOP A FOUNDATION OF RESPONSIBILTY, SELF ESTEEM, RESILIENCE AND PURPOSE. 0 0 1683195 THE PEOPLE'S MUSIC SCHOOL DELIVERED TUITION-FREE MUSIC EDUCATION TO 850 STUDENTS FROM ACROSS 50 ZIP CODES IN CHICAGO IN FY20. AT OUR FOUR PROGRAM SITES, EACH STUDENT RECEIVED BETWEEN 2-12 HOURS OF HIGH-QUALITY MUSICAL INSTRUCTION EACH WEEK. TOGETHER OUR STUDENTS COMPRISE OVER 30 ENSEMBLES ACROSS MUSIC GENRES. A RECENT INDEPENDENT EVALUATION SHOWED THAT OUR STUDENTS ACHIEVE SIGNIFICANT IMPROVEMENT IN THEIR MUSICAL ABILITIES AND THEIR GROWTH MINDSET. 1683195 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 63 0 1 103 1 0 0 0 0 0 1 1 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 JENNIFER KIM MATSUZAWA 7737847032 931 W EASTWOOD AVE CHICAGO IL 60640 MICHAEL BUCK PRESIDENT 2.00 X X 0 0 0 JAMIE CLEGHORN VICE PRESIDENT 2.00 X X 0 0 0 TRACY SEFL SECRETARY 2.00 X X 0 0 0 PENNE SILVERMAN TREASURER 2.00 X X 0 0 0 ANDREW GLUCK DIRECTOR 1.00 X 0 0 0 ELLEN FELDMAN DIRECTOR 1.00 X 0 0 0 NOAM FRANKEL DIRECTOR 1.00 X 0 0 0 MARLO GAAL DIRECTOR 1.00 X 0 0 0 ANDY BANKERT DIRECTOR 1.00 X 0 0 0 JASON KLEIN DIRECTOR 1.00 X 0 0 0 JONATHAN KLETZEL DIRECTOR 1.00 X 0 0 0 CLARENCE CARSON DIRECTOR 1.00 X 0 0 0 REGENA CARSON DIRECTOR 1.00 X 0 0 0 PETER SHEREN DIRECTOR 1.00 X 0 0 0 SONYA CHOE MILLER DIRECTOR 1.00 X 0 0 0 UMA CHANDRASEKARAN DIRECTOR 1.00 X 0 0 0 ASHTON CLARK DIRECTOR 1.00 X 0 0 0 STEVEN SHAW DIRECTOR 1.00 X 0 0 0 JENNIFER KIM PRESIDENT & ARTISTIC DIREC 40.00 X 85000 0 0 ALLISON HENRY EXECUTIVE DIRECTOR 40.00 X 100167 0 0 185167 0 0 1 0 0 0 0 530277 34000 1314564 46841 1878841 28235 28235 2466000 2466586 -586 -586 -586 90750 530277 151092 -60342 -60342 MISCELLANEOUS 900099 1810 1810 1810 1847958 0 0 -30883 185167 151837 11110 22220 1255895 1015007 81803 159085 139457 97578 23065 18814 77050 65297 -7026 18779 11000 11000 117264 92066 24223 975 4648 28 4620 32033 22505 4921 4607 22059 11983 7920 2156 26918 24827 1508 583 26323 23350 693 2280 77095 72439 2910 1746 19724 16272 1085 2367 INSTRUMENT COSTS 66336 66336 STAFF DEVELOPMENT 21362 3992 17333 37 MUSIC SUPPLIES AND EQUI 16517 16517 BANK FEES 13434 13434 7244 3189 930 3125 2119526 1683195 194937 241394 409842 338876 1821917 4231808 888862 234600 34402 32970 1802075 1288217 545113 513858 1600546 30537 5300682 5382649 39007 106728 283818 20329 22325 59336 412871 X 4023592 4423870 1217754 545908 5241346 4969778 5300682 5382649 -271568 0 X 0 1 X 1 0 X 1992783 1983929 2103199 2846032 1878841 10804784 1992783 1983929 2103199 2846032 1878841 10804784 450347 10354437 20712 20908 28372 20448 28235 118675 3050 121 3171 10926630 244345 0.94760 X 0.83030 0.01060 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2279289 68000 21210 2368499 1649769 599500 30020 2279289 814796 798216 36757 1649769 731506 39769 43521 814796 731506 731506 0.98750 0.01250 0.00000 0 0 60000 60000 1289263 1074545 214718 210508 48789 161719 242304 164883 77421 513858 DEFERRED COMPENSATION 22325 22325 1999050 151092 151092 1847958 0 1847958 2270618 151092 151092 2119526 0 2119526 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 XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 151,092. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 151,092. GALA 599919 509169 90750 150713 PERFORMAPALOOZA 8465 8465 1 12643 12643 379 621027 530277 90750 151092 151092 -60342 X MUSICAL INSTRUMENTS / EQUIPMENT 45 46841 SALES OF COMPARABLE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR AND FINANCE TEAM PROVIDE INPUTS TO FORM 990, THE AUDITORS PREPARE THE FORM, AND THE PRESIDENT AND ARTISTIC DIRECTOR AND EXECUTIVE DIRECTOR 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 PRESIDENT AND ARTISTIC DIRECTOR BENCHMARKS 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 UPON REQUEST.