Young Artists Of America Inc
- Assets
- $1.2m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 5
- Location
- North Bethesda, MD
- Founding
- 01/2012
- Data as of
- 06/2023
- EIN
- 45-0643746
Organization Overview
Young Artists Of America Inc, operating under the name See Schedule O, is located in North Bethesda, MD. The organization was established in 2012. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, See Schedule O employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. See Schedule O 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, See Schedule O generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 24.4% each year . All expenses for the organization totaled $1.2m during the year ending 06/2023. While expenses have increased by 24.7% 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
EDUCATIONAL ORGANIZATION OFFERING TRAINING TO YOUNG PERFORMING ARTISTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUMMER PERFORMING ARTS INTENSIVES: IN JUNE-JULY 2022, YAA HELD DAY AND OVERNIGHT CAMPS FOR 200+ STUDENTS, GRADES 4-12, OVER FIVE WEEKS AT THREE CAMPUSES: UNIVERSITY OF MARYLAND COLLEGE PARK, UNIVERSITY OF MARYLAND BALTIMORE COUNTY, AND OUR LADY OF GOOD COUNSEL IN OLNEY, MD. PROGRAMMING INCLUDED ACTING, DANCE, VOICE, AND INSTRUMENTAL MUSIC. PERFORMANCES INCLUDED "HONK JR," "LEGALLY BLONDE," "HIGH SCHOOL MUSICAL JR.," "SWEENEY TODD," PLUS DANCE AND INSTRUMENTAL MUSIC SHOWCASES.
PERFORMANCES: FALL - IN DECEMBER 2022, 150 STUDENTS FROM YAACOMPANY, YAAORCHESTRA, AND YAAJUNIOR PERFORMED THE WORLD YOUTH PREMIERE OF "WONDERLAND" AT THE MUSIC CENTER AT STRATHMORE, FOR AN AUDIENCE OF 1500. SPRING - IN APRIL 2023, 150 STUDENTS FROM YAACOMPANY, YAAORCHESTRA, AND YAAJUNIOR PERFORMED THE WORLD PREMIERE OF "HAL PRINCE'S BROADWAY" AT THE MUSIC CENTER AT STRATHMORE, FOR AN AUDIENCE OF 1600. THE PRODUCTION WAS ALSO TAPED AT MARYLAND PUBLIC TELEVISION AND WILL AIR IN FALL 2023. ADDITIONALLY, IN MAY, 60 YAAJUNIOR PERFORMED "XANADU JR" TO AN AUDIENCE OF 550 AT OUR LADY OF GOOD COUNSEL HIGH SCHOOL. ALSO IN MAY, 30+ YAAKIDS PRESENTED A MUSICAL THEATRE SHOWCASE AT SAINT MARK'S PRESBYTERIAN CHURCH IN NORTH BETHESDA, MD.
EDUCATION: FROM SEPTEMBER 2022-MAY 2024, YAA SERVED 50+ MIDDLE AND HIGH SCHOOL STUDENTS WITH ITS YAASTUDIO MUSICAL THEATRE TRAINING PROGRAM, AND DANCE CLASSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ollen Douglass President | OfficerTrustee | 5 | $0 |
Jamie Joeyen-Waldorf Vice President | OfficerTrustee | 2 | $0 |
Jennifer Coulson Treasurer | OfficerTrustee | 2 | $0 |
Susan Lutzker Secretary | OfficerTrustee | 2 | $0 |
Tom Digiovonni Director | Trustee | 1 | $0 |
Allison Leader Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $260,090 |
| All other contributions, gifts, grants, and similar amounts not included above | $211,304 |
| Noncash contributions included in lines 1a–1f | $21,851 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $471,394 |
| Total Program Service Revenue | $781,270 |
| Investment income | $23,487 |
| 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 | $1,276,151 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $30,751 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $182,000 |
| Compensation of current officers, directors, key employees. | $63,836 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $33,539 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,969 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $175 |
| Fees for services: Accounting | $19,048 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $302,645 |
| Advertising and promotion | $42,563 |
| Office expenses | $76,125 |
| Information technology | $9,513 |
| Royalties | $0 |
| Occupancy | $12,723 |
| Travel | $385 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,470 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,521 |
| Insurance | $31,558 |
| All other expenses | $11,411 |
| Total functional expenses | $1,233,657 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $514,399 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $114,078 |
| 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 | $235,136 |
| Net Land, buildings, and equipment | $8,576 |
| Investments—publicly traded securities | $339,548 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,211,737 |
| Accounts payable and accrued expenses | $74,776 |
| Grants payable | $0 |
| Deferred revenue | $464,436 |
| 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 | $0 |
| Total liabilities | $689,212 |
| Net assets without donor restrictions | $424,473 |
| Net assets with donor restrictions | $98,052 |
| 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 | $1,211,737 |