Youth Symphony Association Of Kansas City Inc
- Assets
- $869.8k
- Revenue
- $470.9k
- Investments
- $0.0
- Employees
- 14
- Location
- Kansas City, MO
- Founding
- 12/1959
- Data as of
- 06/2021
- EIN
- 43-0828038
Organization Overview
Youth Symphony Association Of Kansas City Inc is located in Kansas City, MO. The organization was established in 1959. 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 06/2021, Youth Symphony Association Of Kansas City Inc employed 14 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Symphony Association Of Kansas City 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 06/2021, Youth Symphony Association Of Kansas City Inc generated $470.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $449.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.3%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO PROVIDE AN ENHANCED ORCHESTRAL EXPERIENCE TO YOUNG PEOPLE IN GRADES FIVE THROUGH TWELVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ONLINE MUSIC EDUCATION PROGRAMS TO 230 YOUTH MUSICIANS ACROSS KANSAS CITY METROPOLITAN AREA REMOTELY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Murray Executive Director / CEO | Officer | 40 | $88,233 |
Neil S Sader President | OfficerTrustee | 2 | $0 |
Reachel Biechley Secretary | OfficerTrustee | 2 | $0 |
Lydia Allen Board Member | Trustee | 2 | $0 |
Robin Boswell Board Member | Trustee | 2 | $0 |
Melissa Champ Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $76,976 |
| All other contributions, gifts, grants, and similar amounts not included above | $180,180 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $257,156 |
| Total Program Service Revenue | $174,366 |
| Investment income | $7,479 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $30,285 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,662 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $470,948 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $9,706 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,312 |
| Compensation of current officers, directors, key employees. | $28,574 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $166,857 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $23,327 |
| Payroll taxes | $20,455 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $24,732 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,630 |
| Fees for services: Other | $14,035 |
| Advertising and promotion | $8,707 |
| Office expenses | $29,404 |
| Information technology | $4,110 |
| Royalties | $0 |
| Occupancy | $33,774 |
| Travel | $106 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $150 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,423 |
| Insurance | $5,602 |
| All other expenses | $200 |
| Total functional expenses | $449,382 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,602 |
| Savings and temporary cash investments | $208,610 |
| Pledges and grants receivable | $10,000 |
| 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 | $9,229 |
| Net Land, buildings, and equipment | $9,003 |
| Investments—publicly traded securities | $610,370 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $869,814 |
| Accounts payable and accrued expenses | $8,656 |
| Grants payable | $0 |
| Deferred revenue | $50,265 |
| 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 | $70,200 |
| Other liabilities | $0 |
| Total liabilities | $129,121 |
| Net assets without donor restrictions | $726,801 |
| Net assets with donor restrictions | $13,892 |
| 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 | $869,814 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Youth Symphony Association Of Kansas City Inc has recieved totaling $72,729.
| Awarding Organization | Amount |
|---|---|
Richard J Stern Foundation For The Arts Kansas City, MO PURPOSE: YOUTH SYMPHONY OF KANSAS CITY & OPUS 76 QUARTET-IN-RESIDENCE PARTNERSHIP | $25,000 |
Richard J Stern Foundation For The Arts Kansas City, MO PURPOSE: ORCHESTRAL EDUCATION PROGRAM | $15,000 |
Oppenstein Brothers Foundation Kansas City, MO PURPOSE: ORCHESTRAL EDUCATION PROGRAM | $15,000 |
Oppenstein Brothers Foundation Kansas City, MO PURPOSE: ORCHESTRAL EDUCATION PROGRAM | $7,500 |
The Francis Family Foundation Kansas City, MO PURPOSE: SMALL ARTS GRANT - GENERAL OPERATING SUPPORT | $5,000 |
The Francis Family Foundation Kansas City, MO PURPOSE: DISCRETIONARY AWARD | $5,000 |
Endowment Analysis
| Beg. Balance | $543,948 |
| Earnings | $143,272 |
| Admin Expense | $3,630 |
| Net Contributions | $4,780 |
| Other Expense | $78,000 |
| Ending Balance | $610,370 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Symphony Orchestra Chicago, IL | $576,700,123 | $109,905,535 |
Saint Louis Symphony Orchestra St Louis, MO | $77,659,859 | $61,304,520 |
Kansas City Symphony Kansas City, MO | $64,822,369 | $17,397,853 |
Saint Louis Symphony Endowment Trust Saint Louis, MO | $280,111,729 | $18,922,089 |
Nashville Symphony Association Nashville, TN | $100,031,908 | $12,366,678 |
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Oklahoma Philharmonic Society Inc Oklahoma City, OK | $16,602,843 | $6,401,721 |
Omaha Symphony Association Omaha, NE | $71,026,158 | $5,852,032 |
Knoxville Symphony Society Inc Knoxville, TN | $1,484,079 | $3,960,669 |
Memphis Symphony Orchestra Inc Memphis, TN | $6,274,797 | $4,582,397 |
Tulsa Symphony Orchestra Inc Tulsa, OK | $3,114,616 | $2,041,644 |
Des Moines Symphony Association Des Moines, IA | $12,208,795 | $2,653,432 |