The Contemporary Youth Orchestra
- Assets
- $160.3k
- Revenue
- $433.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Cleveland, OH
- Founding
- 03/1998
- Data as of
- 06/2022
- EIN
- 34-1820263
Organization Overview
The Contemporary Youth Orchestra is located in Cleveland, OH. The organization was established in 1998. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2022, Contemporary Youth Orchestra employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Contemporary 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 06/2022, Contemporary Youth Orchestra generated $433.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $341.2k during the year ending 06/2022. While expenses have increased by 2.7% per year over the past 5 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
STUDY AND PERFORMANCE OF CONTEMPORARY ORCHESTRAL LITERATURE, DRAWING OVER 110 STUDENT MEMBERS FROM 60 AREA SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTEMPORARY YOUTH ORCHESTRA'S AGENDA INCLUDES REHEARSALS, SPECIAL PROGRAMS, AND AN INTRODUCTION TO POTENTIAL REAL-WORLD MUSIC INDUSTRY CAREERS THROUGH THE STUDY OF DIVERSE CONTEMPORARY PROGRAMMING.
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 |
|---|---|---|---|
Kimberly Diechler Executive Di | Trustee | 40 | $70,000 |
Kerry Davis Trustee | Trustee | 2 | $0 |
Scott Fodyma Secretary | OfficerTrustee | 2 | $0 |
Barry Gabel Trustee | Trustee | 2 | $0 |
Belinda Grassi Treasurer | OfficerTrustee | 2 | $0 |
Deanna Nebel Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $268,252 |
| All other contributions, gifts, grants, and similar amounts not included above | $114,389 |
| Noncash contributions included in lines 1a–1f | $31,500 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $382,641 |
| Total Program Service Revenue | $50,861 |
| Investment income | $73 |
| 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 | $433,575 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,425 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $70,000 |
| Compensation of current officers, directors, key employees. | $70,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $70,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $11,375 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,631 |
| Fees for services: Accounting | $7,656 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,812 |
| Advertising and promotion | $28,182 |
| Office expenses | $3,872 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $543 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,641 |
| Insurance | $5,894 |
| All other expenses | $11,020 |
| Total functional expenses | $341,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $125,354 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,305 |
| 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 |
| Net Land, buildings, and equipment | $4,372 |
| Investments—publicly traded securities | $3,039 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,250 |
| Total assets | $160,320 |
| Accounts payable and accrued expenses | $7,237 |
| Grants payable | $0 |
| Deferred revenue | $14,000 |
| 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 | $0 |
| Total liabilities | $21,237 |
| Net assets without donor restrictions | $139,083 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $160,320 |