Chesapeake Youth Symphony Orchestra
- Assets
- $165.8k
- Revenue
- $177.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Annapolis, MD
- Founding
- 09/1990
- Data as of
- 06/2022
- EIN
- 52-1688994
Organization Overview
Chesapeake Youth Symphony Orchestra is located in Annapolis, MD. The organization was established in 1990. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, 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. Chesapeake Youth Symphony 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, Chesapeake Youth Symphony Orchestra generated $177.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $159.3k during the year ending 06/2022. 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
YOUTH MUSIC EDUCATION PROGRAMS
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORCHESTRA PROVIDES TRAINING AND PERFORMANCE OPPORTUNITIES FOR APPROXIMATELY 150 STUDENT MUSICIANS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dane Krich Executive Director | Trustee | 40 | $29,000 |
Leah O'brien President | OfficerTrustee | 2 | $0 |
Anne Sloan Vice President | OfficerTrustee | 2 | $0 |
Tom Eisinger Treasurer | OfficerTrustee | 2 | $0 |
Jane Chambers Secretary | OfficerTrustee | 2 | $0 |
Rob Alexander Vice President | OfficerTrustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $30,595 |
| All other contributions, gifts, grants, and similar amounts not included above | $55,737 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,332 |
| Total Program Service Revenue | $82,133 |
| Investment income | $1,264 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $7,952 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $177,931 |
| 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. | $32,000 |
| Compensation of current officers, directors, key employees. | $9,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,614 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,158 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $94,622 |
| Advertising and promotion | $3,221 |
| Office expenses | $1,581 |
| Information technology | $351 |
| Royalties | $0 |
| Occupancy | $3,950 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $320 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $425 |
| Insurance | $6,956 |
| All other expenses | $643 |
| Total functional expenses | $159,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,295 |
| Savings and temporary cash investments | $40,374 |
| Pledges and grants receivable | $0 |
| 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 | $49,152 |
| Investments—publicly traded securities | $18,996 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $165,817 |
| Accounts payable and accrued expenses | $2,427 |
| 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 | $2,427 |
| Net assets without donor restrictions | $161,893 |
| Net assets with donor restrictions | $1,497 |
| 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 | $165,817 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Chesapeake Youth Symphony Orchestra has recieved totaling $12,675.
| Awarding Organization | Amount |
|---|---|
Arts Council Of Anne Arundel County Inc Annapolis, MD PURPOSE: ARTS EDUCATION DEVELOPMENT | $12,400 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $275 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Philadelphia Orchestra Association Philadelphia, PA | $211,538,479 | $41,118,272 |
Pittsburgh Symphony Inc Pittsburgh, PA | $194,466,393 | $30,739,984 |
Baltimore Symphony Orchestra Inc Baltimore, MD | $16,033,795 | $20,177,740 |
Virginia Symphony Orchestra Norfolk, VA | $5,267,903 | $8,191,490 |
Richmond Symphony Richmond, VA | $2,392,826 | $8,372,945 |
National Philharmonic Orchestra & Chorale Of Mongomery County Inc North Bethesda, MD | $1,849,727 | $2,888,620 |
West Virginia Symphony Orchestra Inc Charleston, WV | $1,691,632 | $2,378,375 |
Harrisburg Symphony Association Harrisburg, PA | $13,261,535 | $3,046,479 |
Allentown Symphony Association Inc Allentown, PA | $15,521,853 | $2,408,487 |
Philadelphia Youth Orchestra Philadelphia, PA | $1,696,190 | $1,961,434 |
Reading Symphony Orchestra Assn Reading, PA | $2,131,744 | $1,809,021 |
Annapolis Symphony Orchestra Association Inc Annapolis, MD | $7,107,921 | $5,168,158 |