2026-09-16T11:27:24-04:00 2026-06-30 273238017 LUCAS GROUP CPAS ADVISORS PLLC 1753 S WEST AVE FREEPORT IL 610326709 990 2025-07-01 452281679 THE MUSIC ACADEMY NFP MUSI 8159860037 226 S SECOND STREET ROCKFORD IL 61104 LAURA EAKMAN EXECUTIVE DIRECTOR 8159860037 2026-09-09 true ASPEN TIPP P01523612 8152359610 2026-09-16 2025 LAURA EAKMAN 226 S SECOND STREET ROCKFORD IL 61104 534405 false X WWW.MUSICACADEMYINROCKFORD.COM X 2011 IL THE ACADEMY'S MISSION IS TO INSPIRE IN STUDENTS A LIFE-LONG LOVE OF MUSIC AND THE ARTS. STUDENTS ARE LIFE-LONG LEARNERS AND RANGE IN AGE FROM PRENATAL TO THOSE IN THEIR 70S AND 80S. 7 5 39 30 0 305309 123475 390744 402980 -3184 0 10385 6155 703254 532610 0 0 450410 492956 0 31901 106594 109547 557004 602503 146250 -69893 290310 204701 56576 40860 233734 163841 THE ACADEMY'S MISSION IS TO INSPIRE IN STUDENTS A LIFE-LONG LOVE OF MUSIC AND THE ARTS. STUDENTS ARE LIFE-LONG LEARNERS AND RANGE IN AGE FROM PRENATAL TO THOSE IN THEIR 70S AND 80S. false false 510236 402980 FOUNDED IN 1985, THE MUSIC ACADEMY, NFP (THE ACADEMY), WAS INDEPENDENTLY INCORPORATED IN MARCH 2011 AS AN ILLINOIS NOT-FOR-PROFIT COMMUNITY SCHOOL OF MUSIC DEDICATED TO PROVIDING HIGH QUALITY, AFFORDABLE INSTRUCTION AND PERFORMANCE OPPORTUNITIES TO ACADEMY STUDENTS, REGARDLESS OF AGE OR ABILITY. 510236 true true false false false false false false false false true false false true true true true false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 6 0 true 39 true false false false false false false false false false false false false false false X 7 5 false false false false false false false true true false false true true false false true true true true false IL X X LAURA EAKMAN 8159860037 226 S SECOND STREET ROCKFORD IL 61104 ROCKFORD IL 61104 LAURA EAKMAN EXECUTIVE DI 40.00 X X 65029 0 0 KRISTIN NELSON DIRECTOR 3.00 X 5455 0 0 HOPE COLLINS DIRECTOR 2.00 X 0 0 0 COLLEEN MCDONALD SECRETARY 2.00 X X 0 0 0 JOCELYN MCLAUGHLIN DIRECTOR 2.00 X 0 0 0 JONATHAN ROZMAN DIRECTOR 2.00 X 0 0 0 CHRISTOPHER WRATE CHAIR 2.00 X X 0 0 0 70484 false false false 3000 58792 61683 1250 123475 TUITION AND FEES 611600 397706 397706 PROGRAMS AND WORKSHOPS 519100 5274 5274 402980 3000 1795 -1795 MISCELLANEOUS INCOME 900099 7950 7950 7950 532610 410930 73714 46580 13567 13567 381103 349594 15845 15664 38139 33181 2288 2670 18046 18046 970 970 13323 10841 2482 29875 27135 2740 6744 6744 17624 15862 1762 7364 6628 736 BANK FEES 4838 4838 PROGRAMS & WORKSHOPS 3905 3905 TRAINING 2708 2708 DUES & SUBSCRIPTIONS 1705 1705 2445 1250 1195 602503 510236 60366 31901 155169 93083 9000 2500 30853 29426 2056 2056 236146 169817 81625 66329 11607 11307 290310 204701 9773 5801 33540 32409 13263 2650 56576 40860 X 180038 149440 53696 14401 233734 163841 290310 204701 -69893 X false true X true false X 66347 62371 82905 305309 123475 640407 375225 431412 413633 401429 410930 2032629 441572 493783 496538 706738 534405 2673036 2673036 441572 493783 496538 706738 534405 2673036 1.00000 0.96970 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 215210 152600 62610 20936 17217 3719 66329 DUE FROM RELATED PARTIES 11307 11307 DUE TO RELATED PARTIES 2650 2650 X 613586 80976 80976 532610 532610 683479 80976 80976 602503 602503 SCHEDULE D, PAGE 3, PART X THE ACADEMY FOLLOWS THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. INCOME TAX BENEFITS ARE RECOGNIZED FOR INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, ONLY WHEN IT IS DETERMINED THAT THE INCOME TAX POSITION WILL MORE-LIKELY-THAN-NOT BE SUSTAINED UPON EXAMINATION BY TAXING AUTHORITIES. THE ACADEMY HAS ANALYZED TAX PROVISIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE AND ALL STATE JURISDICTIONS WHERE IT OPERATES. THE ACADEMY BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE ACADEMY'S FINANCIAL CONDITION, RESULTS OF OPERATIONS, OR CASH FLOWS. ACCORDINGLY, THE ACADEMY HAS NOT RECORDED ANY RESERVES OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN TAX POSITIONS AT JUNE 30, 2026 OR 2025. FORM 990, PAGE 6, PART VI, LINE 11B THE 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND THE BUSINESS MANAGER PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S SALARY ANNUALLY PRIOR TO THE BEGINNING OF EACH NEW FISCAL YEAR. ONLY THE BOARD IS AUTHORIZED TO MAKE CHANGES TO COMPENSATION AND BENEFITS. COMPENSATION DATA SHALL BE COLLECTED FROM RELATED AGENCIES AND ORGANIZATIONS TO SERVE AS A GUIDELINE IN DETERMINING APPROPRIATE COMPENSATION AND BENEFITS. FORM 990, PAGE 6, PART VI, LINE 15B COMPENSATION DATA FROM RELATED AGENCIES AND ORGANIZATIONS SERVE AS A GUIDELINE FOR DETERMINING APPROPRIATE COMPENSATION AND BENEFITS FOR ALL EMPLOYEES. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, CONFLICTS OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. THE MUSIC ACADEMY FOUNDATION PO BOX 6333 ROCKFORD IL 61125 205792412 FUNDRAISE IL 501C3 N/A false false false true false false false false false false false true false false false true false false true false THE MUSIC ACADEMY FOUNDATION C 58792 CASH THE MUSIC ACADEMY FOUNDATION R 1271 CASH THE MUSIC ACADEMY FOUNDATION K 1980 ESTIMATED FAIR VALUE