Overview

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Est.

1979

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

MERIT SCHOOL OF MUSIC is a Chicago-area performing arts education nonprofit that transforms the lives of youth by removing barriers to high-quality music education and fostering mentorship, community, and song. In filing year 2025, it reported an operating budget of $8.9M and total revenue of $13.8M, with major support from THE ANDREW W MELLON FOUNDATION, THE NEGAUNEE FOUNDATION, and RALLA KLEPAK PERFORMING ARTS FOUNDATION.

Mission Statement

Merit School of Music transforms the lives of Chicago-area youth through removing barriers to high-quality music education.
Revenues
$16M
Expenses
$9.2M
Net Income:
+$6.8M
Assets
$43M
Liabilities
$1.4M
Net Assets:
+$41.5M
Operating Budget
$8.4M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
85
Median grant size
$12K
Largest grant received
$1M
R
Ryan DeVore
Board Member
B
Binta Brown
Board Member
J
Jason Gatchell
Board Member
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  • 170 funders
  • 82 board & team members
  • 11 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is MERIT SCHOOL OF MUSIC’s budget?
In 2024, MERIT SCHOOL OF MUSIC reported an annual operating budget of around $8.4 million. More detailed financial information is available to registered users.
What causes does MERIT SCHOOL OF MUSIC support?
MERIT SCHOOL OF MUSIC supports work in Performing arts education.
Where does MERIT SCHOOL OF MUSIC operate?
MERIT SCHOOL OF MUSIC is headquartered in Chicago, IL.
Who funded MERIT SCHOOL OF MUSIC recently?
In 2025, MERIT SCHOOL OF MUSIC received grants from SIRIUS FUND, SIRIUS FUND, and SIRIUS FUND. More information on this organization’s funders is available to registered users.
What is the largest grant MERIT SCHOOL OF MUSIC received in 2024?
The largest grant to MERIT SCHOOL OF MUSIC in 2024 exceeds $1 million.
What is MERIT SCHOOL OF MUSIC’s reliance on government grants?
MERIT SCHOOL OF MUSIC relied on government grants for less than 5% of their total revenue in 2024.