Tacoma Youth Symphony Association Inc
- Assets
- $153.2k
- Revenue
- $676.5k
- Investments
- $0.0
- Employees
- 11
- Location
- Tacoma, WA
- Founding
- 02/1969
- Data as of
- 05/2020
- EIN
- 23-7005522
Organization Overview
Tacoma Youth Symphony Association Inc is located in Tacoma, WA. The organization was established in 1969. 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 05/2022, Tacoma Youth Symphony Association Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tacoma Youth Symphony Association 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 05/2020, Tacoma Youth Symphony Association Inc generated $676.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $666.0k during the year ending 05/2020. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE TACOMA YOUTH SYMPHONY ASSOCIATION IS A NON-PROFIT CORPORATION THAT PROVIDES MUSIC EDUCATION AND PERFORMANCE OPPORTUNITIES FOR YOUTHS AGE 6 TO 21.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PROGRAM SERVICE ACTIVITY INVOLVES THE OPERATION OF A STUDENT SYMPHONY ORCHESTRA FOR YOUTH AGES 6 TO 21.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anna Jensen Executive Di | Officer | 40 | $78,267 |
Lynne Everling 2nd Vice Pre | OfficerTrustee | 1.5 | $0 |
Cathy Early 1st Vice Pre | OfficerTrustee | 1.5 | $0 |
Jennifer Weddermann Treasurer | OfficerTrustee | 1.5 | $0 |
Sue Dalton President | OfficerTrustee | 2 | $0 |
Laura Davis Secretary | OfficerTrustee | 1.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $212,194 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,857 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,040 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $676,463 |
| Statement of Expenses | |
|---|---|
| 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. | $94,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $155,223 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $53,786 |
| Payroll taxes | $30,017 |
| 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 | $0 |
| Advertising and promotion | $2,896 |
| Office expenses | $17,722 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,649 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $495 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,314 |
| Insurance | $9,053 |
| All other expenses | $0 |
| Total functional expenses | $666,030 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,574 |
| Savings and temporary cash investments | $898 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $138,362 |
| Total assets | $153,224 |
| Accounts payable and accrued expenses | $0 |
| 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 | $10,000 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $4,000 |
| Other liabilities | $0 |
| Total liabilities | $14,000 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $139,224 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Tacoma Youth Symphony Association Inc has recieved totaling $121,107.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $100,000 |
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,705 |
Schwab Charitable Fund San Francisco, CA PURPOSE: ARTS, CULTURE & HUMANITIES | $5,250 |
D V & Ida Mceachern Charitable Fdn Phoenix, AZ PURPOSE: CHARITABLE | $5,000 |
Defalco Family Foundation San Diego, CA PURPOSE: CHILDREN | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $152 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seattle Symphony Orchestra Inc Seattle, WA | $18,857,224 | $30,239,580 |
Oregon Symphony Association Portland, OR | $27,740,551 | $13,773,397 |
Spokane Symphony Society Spokane, WA | $21,554,106 | $5,421,713 |
Eugene Symphony Association Inc Eugene, OR | $630,258 | $3,023,786 |
Boise Philharmonic Association Inc Boise, ID | $1,686,396 | $2,920,206 |
Seattle Symphony Foundation Seattle, WA | $45,740,973 | $2,180,352 |
Portland Youth Philharmonic Association Portland, OR | $5,269,398 | $1,550,813 |
Symphony Tacoma Tacoma, WA | $1,937,065 | $1,665,927 |
Portland Baroque Orchestra Portland, OR | $709,672 | $1,187,093 |
Metropolitan Youth Symphony Portland, OR | $1,134,069 | $1,228,572 |
Seattle Youth Symphony Orchestra Seattle, WA | $2,216,519 | $1,310,501 |
Bellevue Youth Symphony Orchestra Bellevue, WA | $708,416 | $694,146 |