Inter-American Magnet School

What Inter-American Magnet School does

Inter-American Magnet School (IAMS) is a public magnet school within the Chicago Public Schools district, serving approximately 700 ethnically, economically, and linguistically diverse students from preschool through 8th grade at a single campus located at 851 W. Waveland Ave. in Chicago's Lakeview neighborhood. Founded circa 1976 and currently celebrating its 50th anniversary, the school specializes in a dual-language instructional model that develops high-level proficiency in both English and Spanish alongside standard academic content. Core educational offerings include the Dual Language Program, MAP Assessment administration, clubs and activities, sports programs, counseling, and meal/transportation services. The school's website (iamschicago.com), powered by the Educational Networks platform, functions as the primary communications hub and includes a video gallery, an event calendar with iCal/RSS feeds, and integration with CPS systems.

The school's underlying technology stack is built on standard educational SaaS rather than proprietary systems: Google Classroom for daily instruction posting, the CPS Aspen Parent Portal for grade management, and supplemental learning platforms IXL, Khan Academy, and Prodigy for student practice. The school has no native mobile application, no public API surface, and no disclosed AI or machine-learning capabilities. Operational and academic technology is delivered through district-provided and third-party commercial tools, with no evidence of in-house platform development.

As a public school within CPS, IAMS does not charge tuition and generates no commercial revenue from enrolled families. Funding flows from district allocations, state education funding, and federal grants, with the school additionally benefiting from ancillary fundraising through its parent organization FELE (Familias en la Escuela) via events such as the Gala Zafiro and donations processed through Network for Good. Enrollment is managed through the centralized CPS magnet school application process, and the school is governed by a Local School Council composed of parents, teachers, and community members. Leadership includes incoming Principal Giovanni Toledo (announced for SY27) and Interim Assistant Principal Carmen Knott-Wilson, alongside a Dual Language Coordinator, a Restorative Justice Coordinator, and counseling staff.

Name

Inter-American Magnet School

Legal name

Inter-American Magnet School

Website

https://iamschicago.com

Company type

Private

Founded year

1976

Operating status

Operating

Headcount range

51–100 employees

Short description

Inter-American Magnet School is a public CPS K-8 magnet school in Chicago serving approximately 700 students through a 50-year-old English-Spanish dual-language program, funded by district allocations with no tuition and supported by an active parent organization (FELE).

Ownership category

akta.pro rank

Product category

K-8 Education

NAICS

Elementary and Secondary Schools (6111)

SIC

Services-Educational Services (8200)

akta.pro industry

PRIMARYEDAJAAAF

Public Magnet & Specialty Schools (STEM/Arts/IB/CTE)

Education/K–12 / Primary & Secondary Education/Public K–12 Schools & Districts

Keywords

• Dual language education
• Magnet school programs
• Bilingual education services
• Public elementary school
• K-8 education programs

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D

Revenue model

1. Public School Funding: As a public magnet school within Chicago Public Schools (CPS), the school is funded through district and public education funding mechanisms. No direct tuition is charged to students.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

Inter-American Magnet School is a public K-8 magnet school that delivers dual-language education in English and Spanish to approximately 700 students from preschool through 8th grade. The school offers a core academic program, MAP Assessment for progress measurement, extracurricular clubs and sports, counseling, meal programs, and transportation, all within a culturally diverse learning environment focused on bilingual proficiency and global citizenship.

Product overview

Inter-American Magnet School is a public K-8 school in Chicago offering a dual-language education program. The school's educational offerings include a dual language program, academic instruction from preschool through 8th grade, MAP Assessment, clubs and activities, sports programs, counseling services, meal programs, and transportation. The school uses Google Classroom for daily instruction posting and CPS Aspen for grade management. The website serves as the primary digital platform for school communications, admissions, calendar/events, video content, and parent engagement.

Differentiator

Problem solved

Functional benefit

Products and services

• Dual Language Program A bilingual education program offering instruction in both English and Spanish, developing high-level linguistic proficiency in students from preschool through 8th grade at IAMS.
• MAP Assessment Standardized assessment used to measure student academic growth and progress throughout the school year at IAMS.
• Clubs and Activities After-school enrichment programs including various clubs and activities for student engagement at IAMS.
• Sports Programs Athletic activities and sports teams available for students at IAMS.

Named customers1 record

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Six partnerships are on record, tiered core and minor.

• Chicago Public Schools (CPS)coreOthersInter-American Magnet School is a part of the Chicago Public Schools district. The school follows CPS curriculum standards, uses CPS systems like Aspen Parent Portal, and operates under CPS governance and policies.
• FELE (Familias en la Escuela)coreOthersParent organization that supports the school through fundraising events (Gala Zafiro), staff appreciation activities, and community building among families.
• Local School Council (LSC)coreOthersGoverning council composed of parents, teachers, and community members that provides oversight and strategic direction for the school.
• Cubs CharitiesminorOthersChicago Cubs charitable arm that supports school initiatives and community programs.
• Network for GoodminorOthersOnline donation platform used by the school to accept charitable contributions from the community.
• Educational NetworkscoreTechnology or IntegrationProvides the school website platform, video hosting infrastructure, and calendar/event management systems used throughout the school website.

Scale indicators2 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Whitney M. Young Magnet High School: Flagship CPS magnet school with selective enrollment and a strong community profile. Comparable as a CPS public magnet facing the same district-level enrollment and funding dynamics, though at the high-school level.
• Walter Payton College Prep: Selective CPS magnet high school with strong brand and parent-driven demand. Comparable on CPS magnet operating structure, parent advocacy, and district funding model.
• Lane Tech College Prep: Large CPS magnet high school with active alumni and parent networks. Comparable as a CPS magnet navigating centralized enrollment and district policy constraints.
• Northside College Prep: Highly selective CPS magnet high school. Comparable on magnet governance, district enrollment dependency, and parent-led community engagement.

Direct peers

• KIPP Chicago Schools: Charter K-8 network serving predominantly low-income, minority students across Chicago with structured enrichment. Comparable as a tuition-free public K-8 operator reliant on community engagement and external partnerships.
• Acero Schools: Chicago charter network operating multiple K-8 campuses with bilingual and dual-language programs serving similar Spanish-English student populations. Closest direct functional peer given shared mission, grade span, and language model.
• ASPIRA Charter Schools: Chicago charter network with bilingual and dual-language offerings serving Latino and immigrant communities. Directly comparable on the dual-language K-8 mission and demographic focus.
• Instituto Justice and Leadership Academy: Chicago charter high school with bilingual program offerings serving Latino students. Comparable on Spanish-language instructional model and mission alignment with the Latino community.
• Erie Elementary Charter School: Chicago K-8 charter with explicit dual-language (Spanish-English) programming and a comparable wraparound services model. Functionally aligned with IAMS on language model and community-driven enrollment.
• Chicago International Charter School (CICS): Multi-campus Chicago charter network with campuses offering language-immersion and bilingual tracks. Comparable as a tuition-free K-8 operator with multiple program models under one umbrella.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/InterAmerican75
• Facebookfacebook.com/IAMSFELE
• LinkedInlinkedin.com/company/pacific-container-corp-

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Inter-American Magnet School