Wisconsin Youth Symphony Orchestra Inc
- Assets
- $27.7m
- Revenue
- $18.9m
- Investments
- $0.0
- Employees
- 27
- Location
- Madison, WI
- Founding
- 06/1967
- Data as of
- 06/2023
- EIN
- 39-6101087
Organization Overview
Wisconsin Youth Symphony Orchestra Inc is located in Madison, WI. The organization was established in 1967. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Wisconsin Youth Symphony Orchestra Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Youth Symphony 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 06/2023, Wisconsin Youth Symphony Orchestra Inc generated $18.9m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 45.7% each year . All expenses for the organization totaled $1.6m during the year ending 06/2023. While expenses have increased by 10.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ENRICHING LIVES BY PROVIDING TRANSFORMATIONAL MUSICAL EXPERIENCES AND OPPORTUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE WISCONSIN YOUTH SYMPHONY ORCHESTRAS ANNUALLY SERVES APPROXIMATELY 400 STUDENTS FROM UP TO 15 COUNTIES IN SOUTH CENTRAL WISCONSIN, WITH NEARLY 80% RESIDING IN DANE COUNTY COMMUNITIES. IN A NORMAL YEAR, STUDENTS REHEARSE ON 33 SATURDAYS DURING EACH SEASON AND PARTICIPATE IN THREE OR MORE CONCERTS, AS WELL AS AN ANNUAL IN-STATE TOUR OF PUBLIC/PRIVATE SCHOOLS AND COMMUNITY CENTERS. CONCERTS ARE IMPORTANT EXPERIENCES FOR YOUNG MUSICIANS, BUILDING CONFIDENCE AND FUNCTIONING AS BENCHMARKS IN THE LIFE OF EACH ORCHESTRA. WHILE THE BULK OF LEARNING TAKES PLACE IN REHEARSALS AND IN THE PRACTICE ROOM, CONCERTS ARE OPPORTUNITIES TO SHOWCASE THEIR MUSICAL ACHIEVEMENTS. WYSO'S REHEARSALS AND THREE CONCERT SERIES OF THE YEAR ARE ITS LARGEST PROGRAMS AS WELL AS THE MAIN TOOL IN ACHIEVING THE OVERALL OBJECTIVE OF THE ORGANIZATION. FOR EACH CONCERT WEEKEND, FALL, WINTER, AND SPRING, EACH OF THE FIVE ORCHESTRAS AND THE WYSO MUSIC MAKERS PRESENTS A CONCERT ON EITHER SATURDAY OR SUNDAY OF THE PRESCRIBED WEEKEND. THESE CONCERTS SERVE OUR TOTAL MEMBER POPULATION AS WELL AS THE AUDIENCE, CONSISTING PRIMARILY OF FAMILY, FRIENDS, AND LOCAL ARTS SUPPORTERS. THE ORGANIZATION'S OBJECTIVE, BOTH SHORT AND LONG TERM, IS TO PROVIDE EXCEPTIONAL MUSIC EDUCATION EXPERIENCES THROUGH ORCHESTRAL TRAINING AND PERFORMANCE OPPORTUNITIES. ADDITIONALLY, WE PROVIDE THE COMMUNITY AN INSPIRING AND LOW-COST OPPORTUNITY TO HEAR YOUNG PEOPLE PERFORMING CLASSICAL MUSIC AT A VERY HIGH LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Matthews President | OfficerTrustee | 2 | $0 |
Susan Collins Immediate Past President | Trustee | 2 | $0 |
Mary Gerbig First Vice President | OfficerTrustee | 2 | $0 |
Graham Fuguitt Vice President | OfficerTrustee | 2 | $0 |
Mona Muldowney Vice President | OfficerTrustee | 2 | $0 |
Amanda Gausewitz Treasurer | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $147,558 |
| Related organizations | $182,417 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,004,798 |
| Noncash contributions included in lines 1a–1f | $158,387 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,334,773 |
| Total Program Service Revenue | $421,611 |
| Investment income | $85,245 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $18,824 |
| Net Income from Gaming Activities | $3,960 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $18,864,413 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $76,189 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $173,715 |
| Compensation of current officers, directors, key employees. | $43,909 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $862,621 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $35,584 |
| Payroll taxes | $64,991 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $690 |
| Fees for services: Accounting | $50,760 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $72,759 |
| Advertising and promotion | $1,230 |
| Office expenses | $118,772 |
| Information technology | $27,906 |
| Royalties | $0 |
| Occupancy | $58,682 |
| Travel | $14,626 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,271 |
| Interest | $4,125 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,222 |
| Insurance | $16,796 |
| All other expenses | $0 |
| Total functional expenses | $1,617,108 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $356 |
| Savings and temporary cash investments | $7,261,335 |
| Pledges and grants receivable | $109,238 |
| 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 | $9,505 |
| Net Land, buildings, and equipment | $20,227,416 |
| Investments—publicly traded securities | $22,105 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $73,255 |
| Total assets | $27,703,210 |
| Accounts payable and accrued expenses | $69,974 |
| Grants payable | $0 |
| Deferred revenue | $27,615 |
| 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 | $150,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,857,575 |
| Total liabilities | $3,105,164 |
| Net assets without donor restrictions | $20,883,958 |
| Net assets with donor restrictions | $3,714,088 |
| 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 | $27,703,210 |