Metropolitan Youth Orchestras Ofcentral Alabama
- Assets
- $168.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 04/2008
- Data as of
- 05/2022
- EIN
- 26-0363083
Organization Overview
Metropolitan Youth Orchestras Ofcentral Alabama is located in Birmingham, AL. The organization was established in 2008. 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. Metropolitan Youth Orchestras Ofcentral Alabama 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 05/2022, Metropolitan Youth Orchestras Ofcentral Alabama generated $88.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.5%) each year. All expenses for the organization totaled $87.9k during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION BENEFITS APPROX 300 BIRMINGHAM INNERCITY CHILDREN BY PROVIDING LOW/NO COST MUSICAL INSTRUMENTS AND LESSONS GIVEN BY MUSIC PROFESSIONALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeane Goforth Ceo/coo | 40 | $0 | |
Mary Whitley Chairman Of The Board | 1 | $0 | |
Douglas Orcutt Vice-Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,981 |
| Total Program Service Revenue | $18,682 |
| Membership dues | $0 |
| Investment income | $4,160 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,454 |
| Other Revenue | $0 |
| Total Revenue | $88,277 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,518 |
| Professional fees and other payments to independent contractors | $36,809 |
| Occupancy, rent, utilities, and maintenance | $10,247 |
| Printing, publications, postage, and shipping | $1,049 |
| Other expenses | $13,254 |
| Total expenses | $87,877 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,696 |
| Other assets | $0 |
| Total assets | $168,235 |
| Total liabilities | $15,340 |
| Net assets or fund balances | $152,895 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Metropolitan Youth Orchestras Ofcentral Alabama has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
The Carnegie Hall Corporation New York, NY PURPOSE: ARTS PROGRAMMING | $30,000 |
The Carnegie Hall Corporation New York, NY PURPOSE: ARTS PROGRAMMING | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jacksonville Symphony Association Jacksonville, FL | $14,561,376 | $11,991,040 |
Florida Orchestra Inc St Petersburg, FL | $17,821,899 | $8,292,788 |
Florida West Coast Symphony Inc Sarasota, FL | $33,277,421 | $26,320,822 |
The Orlando Philharmonic Orchestra Inc Orlando, FL | $6,944,219 | $4,632,792 |
Knoxville Symphony Society Inc Knoxville, TN | $1,484,079 | $3,960,669 |
Memphis Symphony Orchestra Inc Memphis, TN | $6,274,797 | $4,582,397 |
Alabama Symphonic Association Inc Birmingham, AL | $2,772,905 | $5,743,069 |
The Palm Beach Symphony Society Inc West Palm Beach, FL | $3,120,506 | $3,215,175 |
Augusta Symphony Inc Augusta, GA | $19,725,932 | $3,708,047 |
Chattanooga Symphony And Opera Association Chattanooga, TN | $2,736,698 | $2,680,505 |
Mobile Symphony Inc Mobile, AL | $1,270,022 | $2,012,590 |
Mississippi Symphony Orchestra Association Jackson, MS | $734,261 | $2,178,067 |