The Music Academy Foundation
To serve the mission of the music academy.
The Music Academy Foundation at a glance
In short: The Music Academy Foundation gave $54K across 1 grant in 2025 (avg $54K), mostly in Illinois. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $53,800
- +31.7% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $53,800
- +31.7% vs 2024
- Median grant
- $53,800
- Total assets
- $794,057
- +28.4% vs 2024
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Music Academy Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was The Music Academy NFP ($54K).
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2025, annual grant giving ranged from $10K (2023) to $54K (2025). In 2025 it made 1 grant totaling $54K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| The Music Academy NFP Rockford, IL | — | $53,800 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $794,057 | $215,242 | $59,121 | $53,800 | 1 | $58,030 |
| 2024 | $618,651 | $100,008 | $44,473 | $40,859 | 1 | $45,877 |
| 2023 | $555,255 | $89,838 | $17,245 | $10,000 | 1 | $26,017 |
| 2022 | $460,855 | $129,593 | $42,294 | — | — | — |
| 2021 | $461,128 | $77,122 | $37,101 | — | — | — |
| 2020 | $392,593 | $61,746 | $42,071 | — | — | — |
| 2019 | $369,775 | $158,301 | $43,395 | — | — | — |
About The Music Academy Foundation
Based on IRS filings
The Music Academy Foundation is a public charity focused on Arts, Culture & Humanities, based in Rockford, IL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $794K in total assets. In 2025, it awarded 1 grant totaling $54K. Net investment income was $58K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Music Academy Foundation is led by Jeffrey Marrs, Chair since 2023 (on filings since 2022); none of the 21 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeffrey Marrs
Chair
Director → Chair, 2023
On filings since 2022
1 hr/week
No compensation reported
Alexander Mezny
Director
On filings since 2019
1 hr/week
No compensation reported
Cathy Herdeman
Director
On filings since 2019
1 hr/week
No compensation reported
Christine Swanberg
Director
On filings since 2019
1 hr/week
No compensation reported
Emily Klonicki
Director
On filings since 2019
1 hr/week
No compensation reported
Gerrie Gustafson
Director
On filings since 2019
1 hr/week
No compensation reported
Jim Epperson
Director
On filings since 2019
1 hr/week
No compensation reported
Paul Gaziano
Director
On filings since 2019
1 hr/week
No compensation reported
Rachel Handlin
Director
On filings since 2019
1 hr/week
No compensation reported
Stephen Hofmann
Director
Chair → Director, 2023
On filings since 2019
1 hr/week
No compensation reported
Susan Carlin
Director
On filings since 2019
1 hr/week
No compensation reported
Jessica Piske
Director
On filings since 2022
1 hr/week
No compensation reported
Jonathon Rozman
Director
On filings since 2022
1 hr/week
No compensation reported
Joseph Bruce
Director
On filings since 2022
1 hr/week
No compensation reported
Laura Eakman
Director
On filings since 2022
1 hr/week
No compensation reported
Leanna Reidy
Director
On filings since 2022
1 hr/week
No compensation reported
Millard Washington
Director
On filings since 2022
1 hr/week
No compensation reported
Melissa Douglas
Director
On filings since 2023
1 hr/week
No compensation reported
Janice Bartik
Secretary
On filings since 2019
1 hr/week
No compensation reported
Jonathan Lapworth
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Martha Frantz
Director Emeritus
Director → Director Emeritus, 2022
On filings since 2019
1 hr/week
No compensation reported
Former officers (9)
- Former: Gayle Scheuer (2019–2022) — Director
- Former: Liz Dickinson (2019–2022) — Director
- Former: Mary Stephenson (2019–2022) — Director
- Former: Monique Aduddell (2019–2022) — Director
- Former: Saman Hanif (2019–2022) — Director
- Former: Barbara Pittman (2019–2021) — Director
- Former: Phil Blair (2019–2021) — Vice Chair
- Former: Lynn Andreini (2019–2020) — Director
- Former: Richard Baker (2019–2020) — Director
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Music Academy Foundation
How much does The Music Academy Foundation give each year?
The Music Academy Foundation gave $54K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $41K across 1 grant.
How large is The Music Academy Foundation?
The Music Academy Foundation reported $794K in total assets on its 2025 IRS Form 990. Its revenue that year was $215K.
What is The Music Academy Foundation?
The Music Academy Foundation is a public charity focused on Arts, Culture & Humanities, based in Rockford, IL. It holds $794K in total assets as of 2025.
Where does The Music Academy Foundation operate?
The Music Academy Foundation has awarded grants in Illinois.
What is The Music Academy Foundation's EIN?
The Music Academy Foundation's EIN (Employer Identification Number) is 20-5792412. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Added Form 990-EZ for fiscal year 2019 (received by the IRS August 24, 2020)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 14, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 13, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS June 18, 2026)
Explore Open Grants
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Figures come from The Music Academy Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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