Charity Search / ACCESSIBLE CONTEMPORARY MUSIC
Arts, Culture & Humanities (A6C) IRS Verified DX Registered 990 on File

ACCESSIBLE CONTEMPORARY MUSIC

EIN: 20-1458881 · CHICAGO, IL 60640-4515 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 81/100
Reliability (20%) 55/100
Effectiveness (25%) 59/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Mission Statement

ACM is a non-profit organization with the mission to integrate musical creativity into everyday life through storefront music schools, collaborative events designed to reach new people, and commissions that give voice to composers throughout the world.

Financial Overview — FY 2024
$1.0M
Total Revenue
$878K
Total Expenses
$424K
Net Assets
8
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 73.1%
Fundraising Efficiency 379.7%
Operating Reserve 5.80x
Liability-to-Asset 39.1%
Revenue Diversification 53.5%
Executive Compensation $78K
Compared with Peers
FY 2024
Compared with 12,711 similar organizations (United States, Arts, Culture & Humanities, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
73.1% 82.0%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
19.8% 14.1%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
7.1% 0.0%
P10P90
Bottom quarter
Fundraising efficiency
Fundraising expenses / gross fundraising income · lower is better
379.7% 28.2%
P10P90
Bottom quarter
Operating reserve
Months of expenses covered by net assets · higher is better
5.8 mo 9.8 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
39.1% 1.8%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
53.5% 79.8%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
10.9% 8.1%
P10P90
Expense growth
Year over year expense growth
-0.1% 8.8%
P10P90
Surplus margin
Surplus as a share of revenue
14.1% 1.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $1.0M $878K $424K 73.1% 8
2023 $922K $879K $280K 75.1% 10
2022 $824K $847K $286K 78.7% 12
2021 $896K $828K N/A 12
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Organization Details
EIN
20-1458881
State
IL
City
CHICAGO
ZIP
60640-4515
Classification
A6C
Category
Arts, Culture & Humanities
Rating
3★
Coverage
A
Last Updated
Aug 2026
IRS Ruling Year
2003
Foundation Code
15
Form 990
On File
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