Empire State Youth Orchestra
- Assets
- $3.6m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 51
- Location
- Schenectady, NY
- Founding
- 10/1980
- Data as of
- 06/2023
- EIN
- 22-2317557
Organization Overview
Empire State Youth Orchestra is located in Schenectady, NY. The organization was established in 1980. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Empire State Youth Orchestra employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Empire State Youth Orchestra 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, Empire State Youth Orchestra generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.8% each year . All expenses for the organization totaled $1.8m during the year ending 06/2023. While expenses have increased by 5.7% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION OF YOUNG MUSICIANS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PERFORMANCE-BASED ACCOMPLISHMENTS: ANNUALLY APPROXIMATELY 30 PUBLIC PERFORMANCES ARE HELD COLLECTIVELY BY ESYO'S ENSEMBLES. CONCERTS HELD IN A VARIETY OF VENUES IN NY'S CAPITAL REGION. SOME CONCERTS REQUIRED PAID ADMISSION; MANY WERE FREE. TOTAL MUSICIANS IN ALL ENSEMBLES WAS OVER 500; MUSICIANS HAD TO AUDITION FOR MEMBERSHIP. MEMBERSHIP INCLUDES STUDENTS FROM GRADES 1-12.
MUSIC-TRAINING ACCOMPLISHMENT: EXPANDED MUSIC-TRAINING PROGRAM: CHIME, PROVIDED FREE, DAILY MUSIC INSTRUCTION FOR ECONOMICALLY CHALLENGED ELEMENTARY STUDENT IN SCHENECTADY AND FREE, WEEKLY PRIVATE LESSONS FOR ECONOMICALLY CHALLENGED MIDDLE SCHOOL CHILDREN IN ALBANY AND SCHENECTADY. MASTER CLASSES AND RESIDENCIES WERE OFFERED. MIDDLE SCHOOL STUDENTS PARTICIPATED IN A PILOT NON-AUDITION BASED WIND AND BRASS CHAMBER PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vic Bernstein Director | Trustee | 1 | $0 |
Randall Ellis Director | Trustee | 1 | $0 |
Peter Lauricella Director | Trustee | 1 | $0 |
Mary Clyne Secretary | OfficerTrustee | 1 | $0 |
Brian Axford Director | Trustee | 1 | $0 |
Dee Adkins Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Lechase Construction Services Llc Building Renovations | 6/29/23 | $539,070 |
Envision Architects Architect Services | 6/29/23 | $350,507 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,104,391 |
| All other contributions, gifts, grants, and similar amounts not included above | $520,741 |
| Noncash contributions included in lines 1a–1f | $15,430 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,625,132 |
| Total Program Service Revenue | $914,749 |
| Investment income | $20,590 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $126,263 |
| Net Income from Fundraising Events | $96,270 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,062 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,792,066 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $23,374 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $169,006 |
| Compensation of current officers, directors, key employees. | $128,661 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $949,891 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $83,066 |
| Payroll taxes | $79,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,691 |
| Advertising and promotion | $36,107 |
| Office expenses | $10,908 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $134,045 |
| Travel | $48,411 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,506 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $16,206 |
| Insurance | $15,398 |
| All other expenses | $39,030 |
| Total functional expenses | $1,766,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $616,419 |
| Savings and temporary cash investments | $95,686 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $13,004 |
| Net Land, buildings, and equipment | $1,482,757 |
| Investments—publicly traded securities | $1,413,622 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,886 |
| Total assets | $3,624,374 |
| Accounts payable and accrued expenses | $110,659 |
| Grants payable | $0 |
| Deferred revenue | $520,609 |
| 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 | $24,554 |
| Total liabilities | $655,822 |
| Net assets without donor restrictions | $2,918,552 |
| Net assets with donor restrictions | $50,000 |
| 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 | $3,624,374 |