Young Musicians Choral Orchestra
- Assets
- $1.7m
- Revenue
- $412.4k
- Investments
- $205.2k
- Employees
- 1
- Location
- Berkeley, CA
- Founding
- 06/2013
- Data as of
- 06/2022
- EIN
- 46-2632518
Organization Overview
Young Musicians Choral Orchestra is located in Berkeley, CA. The organization was established in 2013. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Musicians Choral 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, Young Musicians Choral Orchestra generated $412.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $435.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
YOUNG MUSICIANS CHORAL ORCHESTRA USES MUSICAL TRAINING, ACADEMIC SUPPORT AND PERSONAL GUIDANCE TO IMPROVE THE LIVES OF TALENTED, LOW-INCOME YOUNG PEOPLE THROUGHOUT THE BAY AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTISTIC - PROVIDE COMPREHENSIVE MUSIC TRAINING FOR STUDENTS AGES 9-18 FROM FOUR COUNTIES IN THE BAY AREA. EACH STUDENT BOTH SINGS IN THE CHORUS AND PLAYS IN THE ORCHESTRA. STUDENTS ARE TRAINED IN THE GENRES OF JAZZ, CLASSICAL AND RHYTHM AND BLUES. STUDENTS RECEIVE: WEEKLY PRIVATE LESSONS ON 1-3 INSTRUMENTS, INCLUDING VOICE LESSONS; WEEKLY REHEARSAL FOR THE CHORUS, THE ORCHESTRA AND THE JAZZ BIG BAND. STUDENTS PERFORM REGULARLY AT RECITALS, SPECIAL CONCERTS AND OUTREACH PERFORMANCES, THROUGHOUT THE COMMUNITY. THE 6-WEEK LONG SUMMER INSTITUTE PRVIDES INTENSIVE, CONSERVATORY-LIKE MUSIC TRAINING. MONDAY THROUGH FRIDAY, CULMINATING IN A FINAL CONCERT, WHICH IS FREE AND OPEN TO THE PUBLIC.
STUDENT SERVICES-ALL YMCO STUDENTS PARTICIPATE IN THE PROGRAM AT NO COST TO THEIR PARENTS. THE PROGRAM PROVIDES THE FOLLOWING SERVICES: PRIVATE AND GROUP MUSIC LESSONS; INSTRUMENTS AND MUSIC SUPPLIES; TRANSPORTATION VIA BART & AC TRANSIT TICKETS; COMPLIMENTARY MEALS; PERFORMANCE ATTIRE; TRAVEL FOR LIVE COLLEGE AUDITIONS; AND ACCESS TO COMPUTERS AND RECORDING EQUIPMENT.
ACADEMIC/LEADERSHIP DEVELOPMENT-YMCO STUDENTS RECEIVE ACADEMIC TUTORING, SAT TRAINING, COLLEGE COUNSELING AND COLLEGE APPLICATION ASSISTANCE. YMCO SECTION LEADERS IN THE ORCHESTRA AND IN THE CHORUS PROVIDE LEADERSHIP TRAINING THROUGH OUR MENTORING PROGRAMS. THE LEADER MUST HOLD THE MEMBERS OF THEIR SECTIONS ACCOUNTABLE FOR THE MUSIC AND FOR COOPERATIVE AND SUPPORTIVE BEHAVIOR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geechi Taylor Executive Dir. | OfficerTrustee | 40 | $95,000 |
Sharon Gardner Director | Trustee | 2 | $0 |
Daniel Boggan Director | Trustee | 2 | $0 |
Jonnie Johnson Director | Trustee | 2 | $0 |
Kenneth Kellogg Director | Trustee | 2 | $0 |
Frederica Von Stade Secretary | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $395,996 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $395,996 |
| Total Program Service Revenue | $0 |
| Investment income | $15,350 |
| 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 | $412,372 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $95,000 |
| Compensation of current officers, directors, key employees. | $95,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,485 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,173 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,970 |
| Advertising and promotion | $0 |
| Office expenses | $4,390 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $49,290 |
| Travel | $0 |
| 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 | $9,793 |
| Insurance | $14,696 |
| All other expenses | $44,537 |
| Total functional expenses | $435,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $494,623 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $75,251 |
| 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 | $0 |
| Net Land, buildings, and equipment | $62,811 |
| Investments—publicly traded securities | $870,583 |
| Investments—other securities | $205,217 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,451 |
| Total assets | $1,710,936 |
| Accounts payable and accrued expenses | $5,991 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $5,991 |
| Net assets without donor restrictions | $0 |
| 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 | $1,704,945 |
| Total liabilities and net assets/fund balances | $1,710,936 |