Quad-city Music Guild is a 501(c)(3) organization based in Moline, Illinois, registered in 1950, with $406,679 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$407K
▼ 1.1% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$308K
Net assets
$2.4M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Quad-city Music Guild— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Quad-city Music Guild: 92 mo reserves · +24% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Quad-city Music Guild— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Quad-city Music Guild: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $463K (FY2014) to $407K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
24.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.4M
Total liabilities
$0
Net assets
$2.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $406,679▼1.1% | $307,549▼3.8% | $2,367,590▲4.4% | $2,367,590▲4.4% | 990 |
| 2023 | $411,108▲28.2% | $319,652▲10.4% | $2,268,460▲4.2% | $2,268,460▲4.2% | 990 |
| 2022 | $320,759▼0.3% | $289,624▲31.9% | $2,177,004▲1.5% | $2,177,004▲1.5% | 990 |
| 2021 | $321,781▲243% | $219,642▲75.3% | $2,145,868▲5.0% | $2,145,868▲5.0% | 990 |
| 2020 | $93,901▼71.0% | $125,290▼57.3% | $2,043,729▼1.5% | $2,043,729▼1.5% | 990 |
| 2019 | $324,002▲8.8% | $293,315▲4.3% | $2,075,118▲1.5% | $2,075,118▲1.5% | 990 |
| 2018 | $297,784▲15.0% | $281,342▼2.5% | $2,044,431▲1.8% | $2,044,431▲1.8% | 990 |
| 2015 | $258,963▼44.1% | $288,549▲2.2% | $2,007,649▼1.5% | $2,007,649▼1.5% | 990 |
| 2014 | $463,152 | $282,320 | $2,037,235 | $2,037,235 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Quad-city Music Guild totaling $25K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ncrc Community Development Fund Inc | Illinois coronavirus fiscal recovery funds | 2023 | $20,000 |
| American Online Giving Foundation Inc | General support | 2023 | $5,479 |
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Data for Quad-city Music Guild (EIN 36-6067035) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.