Yarnwire Inc

Organization Overview

Yarnwire Inc is located in Ridgewood, NY. The organization was established in 2009. 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 07/2023, Yarnwire Inc employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Yarnwire 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 07/2023, Yarnwire Inc generated $528.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $531.5k during the year ending 07/2023. While expenses have increased by 14.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO EDUCATE THE GENERAL PUBLIC IN MUSIC AND OTHER ART FORMS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRESENTATIONS - PROVIDING EDUCATION THROUGH LECTURES, INDIVIDUAL OR GROUP LESSONS AND/OR SEMINARS AND PUBLIC AND UNIVERSITY PERFORMANCES.


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Board, Officers & Key Employees

Name (title)Compensation
Lawrence Mesich
Chair
$0
Tami Morse
Treasurer
$0
Kelly Savage
Secretary
$0
Elizabeth Wang
Director
$0
Russell Greenberg
Executive Director
$60,300

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $92,645
All other contributions, gifts, grants, and similar amounts not included above$185,158
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$277,803
Total Program Service Revenue$247,643
Investment income $2,753
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $528,199

Peer Organizations

Organization NameAssets
Boston Symphony Orchestra Inc
Boston, MA
$116,038,188
Philharmonic-Symphony Society Of New York Inc
New York, NY
$96,912,834
Philadelphia Orchestra Association
Philadelphia, PA
$76,775,994
Pittsburgh Symphony Inc
Pittsburgh, PA
$30,739,984
New Jersey Symphony Orchestra
Newark, NJ
$14,023,665
Buffalo Philharmonic Orchestra Society Inc
Buffalo, NY
$13,950,774
Rochester Philharmonic Orchestra Inc
Rochester, NY
$11,403,809
Hartford Symphony Orchestra Inc
Hartford, CT
$4,513,074
Cape Arts & Entertainment Inc
West Barnstable, MA
$3,715,453
Allentown Symphony Association Inc
Allentown, PA
$3,482,479
Boston Youth Symphony Orchestra Inc
Boston, MA
$7,291,406
Princeton Symphony Orchestra Inc
Princeton, NJ
$2,561,737
Albany Symphony Orchestra Inc
Albany, NY
$4,231,453
Harrisburg Symphony Association
Harrisburg, PA
$3,202,386
Musical Associates Of Central New York Inc
Syracuse, NY
$2,772,846
Orpheus Chamber Orchestra Inc
New York, NY
$3,713,284
Boston Philharmonic Orchestra Corporation
Boston, MA
$3,244,291
New York Pops Inc
New York, NY
$2,770,507
American Symphony Orchestra Inc
New York, NY
$2,647,978
New Haven Symphony Orchestra Inc
New Haven, CT
$2,672,898
Orchestra Lumos Inc
Stamford, CT
$1,758,901
Vermont Symphony Orchestra Inc
Burlington, VT
$1,576,200
New York Youth Symphony Inc
New York, NY
$1,757,142
Springfield Symphony Orchestra
Springfield, MA
$1,387,741
Philadelphia Youth Orchestra
Philadelphia, PA
$1,913,662

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