Youth Music Project
- Assets
- $1.7m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 64
- Location
- West Linn, OR
- Founding
- 09/2013
- Data as of
- 12/2023
- EIN
- 46-0923905
Organization Overview
Youth Music Project is located in West Linn, OR. The organization was established in 2013. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, Youth Music Project employed 64 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Music Project 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 12/2023, Youth Music Project generated $2.5m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. While expenses have increased by 4.2% 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
YOUTH MUSIC PROJECT PROVIDES MUSIC EDUCATION FOR YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDED IN 2012, YOUTH MUSIC PROJECT IS A NON-PROFIT ORGANIZATION DEVOTED TO PROVIDING OUTSTANDING ROCK, POP, AND COUNTRY MUSIC EDUCATION FOR YOUTH BY FURNISHING TUITION ASSISTANCE, INSTRUMENT RENTAL, AND EXCEPTIONAL PERFORMANCE OPPORTUNITIES. YOUTH MUSIC PROJECT OFFERS YEAR-ROUND AFTER-SCHOOL GROUP AND PRIVATE LESSONS, SUMMER CAMPS, AND EARLY CHILDHOOD MUSIC EDUCATION.YOUTH MUSIC PROJECT BELIEVES THAT MUSIC IS ESSENTIAL FOR CHILD DEVELOPMENT AND THAT ALL CHILDREN DESERVE ACCESS TO QUALITY MUSICAL EXPERIENCES. PERFORMING MUSIC IN FRONT OF A LIVE AUDIENCE BUILDS CONFIDENCE AND PROVIDES VALUABLE SKILLS BENEFITTING STUDENTS FOR THE REST OF THEIR LIVES. CONTINUED ON SCHEDULE 0. ACCESSIBILITY AND INCLUSIVITY ARE AT YOUTH MUSIC PROJECT'S CORE.YOUTH MUSIC PROJECT OFFERS INDIVIDUAL, GROUP, AND SUMMER CAMP MUSIC INSTRUCTION IN PIANO, VIOLIN, DRUMS, GUITAR, BASS, UKULELE, VOICE, ROCK BAND, AND MORE. LAUNCHED OUT OF A TRAVEL TRAILER IN 2012, THE ORGANIZATION WENT FROM A TRAVELING MUSIC PROGRAM TO HAVING A PERMANENT HOME IN AN ADA ACCESSIBLE, STATE-OF-THE-ART FACILITY. IN 2023, YOUTH MUSIC PROJECT PROVIDED MUSIC INSTRUCTION TO 1,134 NON-DUPLICATED STUDENTS, 30% OF WHOM ATTENDED FOR NO COST. THESE STUDENTS ACCOUNTED FOR A CUMULATIVE TOTAL OF 2,536 ENROLLMENTS THROUGHOUT THE YEAR, 36% OF WHICH WERE PROVIDED AT NO COST. THIS REFLECTED A 11% DECLINE IN TOTAL ENROLLMENTS BETWEEN FISCAL YEAR 2022 AND 2023. YOUTH MUSIC PROJECT IS ALSO THE MUSIC EDUCATION PROVIDER FOR LAKE OSWEGO PARKS & RECREATION, PROVIDING MUSIC EDUCATION TO AN ADDITIONAL 151 NON-DUPLICATED STUDENTS AND 195 ENROLLMENTS VIA THIS CONTRACT IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Schlesinger Board President | OfficerTrustee | 3 | $0 |
Sarah Bany Board Vice-President & Co-Founder | OfficerTrustee | 1 | $0 |
Richard Gonzales Board Treasurer | OfficerTrustee | 1 | $0 |
Mary Jaeger Board Secretary | OfficerTrustee | 5 | $0 |
Amy Faust Board Director | Trustee | 1 | $0 |
Gail Greenman Board Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $120,969 |
| Related organizations | $0 |
| Government grants | $12,894 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,668,021 |
| Noncash contributions included in lines 1a–1f | $1,546,998 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,801,884 |
| Total Program Service Revenue | $723,218 |
| Investment income | $1,631 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$8,445 |
| Net Income from Fundraising Events | -$43,871 |
| Net Income from Gaming Activities | $10,000 |
| Net Income from Sales of Inventory | $898 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,485,315 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $261,254 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $135,448 |
| Compensation of current officers, directors, key employees. | $54,179 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,042,674 |
| Pension plan accruals and contributions | $16,344 |
| Other employee benefits | $53,133 |
| Payroll taxes | $112,415 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,708 |
| Fees for services: Accounting | $20,436 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,441 |
| Advertising and promotion | $14,825 |
| Office expenses | $10,203 |
| Information technology | $36,206 |
| Royalties | $0 |
| Occupancy | $51,948 |
| Travel | $258 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $82,443 |
| Insurance | $37,300 |
| All other expenses | $0 |
| Total functional expenses | $2,026,623 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $336,206 |
| Savings and temporary cash investments | $553,958 |
| Pledges and grants receivable | $67,775 |
| Accounts receivable, net | $9,010 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,589 |
| Prepaid expenses and deferred charges | $6,403 |
| Net Land, buildings, and equipment | $690,800 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,665,741 |
| Accounts payable and accrued expenses | $128,722 |
| Grants payable | $0 |
| Deferred revenue | $86,276 |
| 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 | $214,998 |
| Net assets without donor restrictions | $1,050,341 |
| Net assets with donor restrictions | $400,402 |
| 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 | $1,665,741 |