Limestone Youth Orchestra Inc
- Assets
- $807.7k
- Revenue
- $79.2k
- Investments
- $686.7k
- Employees
- 0
- Location
- Washington, KY
- Founding
- 05/1971
- Data as of
- 12/2021
- EIN
- 23-7111943
Organization Overview
Limestone Youth Orchestra Inc is located in Washington, KY. The organization was established in 1971. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Limestone Youth Orchestra 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 12/2021, Limestone Youth Orchestra Inc generated $79.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $14.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Limestone Youth Orchestra Inc has awarded 18 individual grants totaling $231,100. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
EXPENSES WERE PAID FOR THE LIMESTONE CHORALE AND CHAMBER ORCHESTRA TO GIVE PERFORMANCES IN MAYSVILLE. THESE GROUPS ARE NON-DUES AND NON-SALARIED AND PERFORMANCES WERE PROVIDED AT NO CHARGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cj Hunter IV President | 1 | $0 | |
John Hutchings Treasurer | 1 | $0 | |
David Sugarbaker Director | 1 | $0 | |
Caroline Reece Vp/secretary | 1 | $0 | |
Linda K Ford Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,245 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,949 |
| Capital Gain Net Income | $57,949 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $79,194 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7 |
| Taxes | $1,118 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,048 |
| Total operating and administrative expenses | $14,604 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $14,604 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,169 |
| Savings and temporary cash investments | $35,785 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $19,037 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $807,706 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Limestone Youth Orchestra Inc has awarded $43,100 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Maysville, KY PURPOSE: GENERAL OPERATING | $25,100 |
MASON COUNTY SCHOOL PURPOSE: GENERAL OPERATING | $10,000 |
ST PATRICK SCHOOL PURPOSE: GENERAL OPERATING | $4,000 |
KY GATEWAY MUSEUM CENTER PURPOSE: GENERAL OPERATING | $4,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indiana Symphony Society Inc Indianapolis, IN | $13,063,766 | $26,550,940 |
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Virginia Symphony Orchestra Norfolk, VA | $5,267,903 | $8,191,490 |
Richmond Symphony Richmond, VA | $2,392,826 | $8,372,945 |
Columbus Symphony Orchestra Inc Columbus, OH | $23,849,025 | $7,378,126 |
Fort Wayne Philharmonic Orchestra Inc Fort Wayne, IN | $27,926,694 | $5,947,084 |
Dayton Performing Arts Alliance Dayton, OH | $10,536,333 | $6,130,805 |
Knoxville Symphony Society Inc Knoxville, TN | $1,484,079 | $3,960,669 |
Memphis Symphony Orchestra Inc Memphis, TN | $6,274,797 | $4,582,397 |
West Virginia Symphony Orchestra Inc Charleston, WV | $1,691,632 | $2,378,375 |
Elgin Symphony Orchestra Assoc Elgin, IL | $718,957 | $2,098,094 |
Chattanooga Symphony And Opera Association Chattanooga, TN | $2,736,698 | $2,680,505 |