Young Audiences Inc
- Assets
- $9.5m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 7
- Location
- New York, NY
- Founding
- 08/1953
- Data as of
- 06/2023
- EIN
- 13-1688246
Organization Overview
Young Audiences Inc is located in New York, NY. The organization was established in 1953. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Young Audiences Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Audiences Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Young Audiences Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $2.7m during the year ending 06/2023. While expenses have increased by 3.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Young Audiences Inc has awarded 85 individual grants totaling $1,451,651. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE YOUNG PEOPLE AND EXPAND THEIR LEARNING THROUGH THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTS IN EDUCATION PROGRAMS (RAISE)WITH SUPPORT FROM THE US DEPARTMENT OF EDUCATION, YA EMBARKED ON A FIVE YEAR RESEARCH PROJECT - RESPONSIVE ARTS IN SCHOOL EDUCATION (RAISE) PROVIDING PROFESSIONAL LEARNING AND SCHOOL-BASES RESIDENCY PROGRAMS PARTNERING WITH TEACHING ARTISTS AND SCHOOL-BASED STUDENT SUPPORT TEAMS IMPACTING 24 YA AFFILIATE COMMUNITIES NATIONWIDE.
AFFILIATE SERVICESIN FY23, YA NATIONAL AND AFFILIATE ORGANIZATIONS CONTINUED TO IMPLEMENT A NETWORK WIDE PLAN FOR IMPROVING YOUNG AUDIENCES' CORE SERVICES AND PROGRAMS THROUGHOUT THE COUNTRY. IN DOING SO, YA PROGRAMS HAVE BECOME MORE STUDENT CENTERED, OUTCOME BASED AND MEASURABLY AFFECTIVE IN ORDER TO ENHANCE THE CREATIVE LEARNING AND LIFE SKILLS OF ALL CHILDREN AND YOUTH.
TEACHING ARTIST CERTIICATION (TAC)YOUNG AUDIENCES' PROFESSIONAL LEARNING SERIES PROVIDED TEACHING ARTISTS, YA PROGRAM STAFF, CLASSROOM TEACHERS, VOLUNTEERS, AND EXPERTS FROM THE FIELD OF ARTS EDUCATION THE OPPORTUNITY TO PARTICIPATE IN CONTENT-RICH, HIGH-QUALITY PROFESSIONAL DEVELOPMENT THAT EMPHASIZES BOTH ARTISTIC EXCELLENCE AND ACADEMIC RIGOR. BY OFFERING HIGH-LEVEL PROFESSIONAL DEVELOPMENT OPPORTUNITES,ALL PARTICIPANTS RETURN TO THEIR COMMUNITIES BETTER EQUIPPED TO MEET THE SIGNIFICANT NEEDS OF PERSISTENTLY UNDER-SERVED COMMUNITIES, SCHOOLS, AND STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nathan W Pearson Jr Chairman | OfficerTrustee | 1 | $0 |
Corinne P Greenberg Chairman Emeritus | OfficerTrustee | 1 | $0 |
James H Gellert President | OfficerTrustee | 1 | $0 |
Mary Ann Fribourg Vice Chairman | OfficerTrustee | 1 | $0 |
Thomas R Berner Vice President | OfficerTrustee | 1 | $0 |
L Jan Robertson Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arts Ed Nj Affiliate Education Advisors For Doe | 6/29/23 | $145,600 |
Young Audiences Of Louisiana Affiliate Education Advisors For Doe | 6/29/23 | $263,166 |
Metis Associates Educational Contracted Partners | 6/29/23 | $127,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $260,147 |
| Related organizations | $0 |
| Government grants | $1,423,197 |
| All other contributions, gifts, grants, and similar amounts not included above | $128,472 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,811,816 |
| Total Program Service Revenue | $409,508 |
| Investment income | $120,751 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $225,804 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,576,758 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $560,217 |
| Compensation of current officers, directors, key employees. | $111,611 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $416,788 |
| Pension plan accruals and contributions | $9,823 |
| Other employee benefits | $95,747 |
| Payroll taxes | $63,805 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,095 |
| Fees for services: Accounting | $42,025 |
| Fees for services: Lobbying | $21,945 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $40,021 |
| Fees for services: Other | $992,464 |
| Advertising and promotion | $13,477 |
| Office expenses | $81,988 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $195,240 |
| Travel | $124,842 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,817 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,712 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,735,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,164 |
| Savings and temporary cash investments | $11,421 |
| Pledges and grants receivable | $145,680 |
| Accounts receivable, net | $32,298 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $43,186 |
| Net Land, buildings, and equipment | $8,472 |
| Investments—publicly traded securities | $6,467,422 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,662,295 |
| Total assets | $9,511,938 |
| Accounts payable and accrued expenses | $326,972 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,994,621 |
| Total liabilities | $2,321,593 |
| Net assets without donor restrictions | $723,496 |
| Net assets with donor restrictions | $6,466,849 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $9,511,938 |
Grants Awarded
Over the last fiscal year, Young Audiences Inc has awarded $35,750 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
YOUNG AUDIENCES OF LOUISIANA PURPOSE: ADF FY22 GRANT | $15,000 |
YOUNG AUDIENCES OF NEW YORK PURPOSE: ADF FY22 GRANT | $7,250 |
YOUNG AUDIENCES OF MARYLAND PURPOSE: ADF FY22 GRANT | $13,500 |