American Youth Philharmonic Orchestras
- Assets
- $653.2k
- Revenue
- $872.1k
- Investments
- $0.0
- Employees
- 5
- Location
- Annandale, VA
- Founding
- 11/1978
- Data as of
- 06/2023
- EIN
- 54-1064716
Organization Overview
American Youth Philharmonic Orchestras is located in Annandale, VA. The organization was established in 1978. 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 06/2023, American Youth Philharmonic Orchestras employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Youth Philharmonic Orchestras 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, American Youth Philharmonic Orchestras generated $872.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $871.8k during the year ending 06/2023. While expenses have increased by 2.4% 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
AMERICAN YOUTH PHILHARMONIC ORCHESTRAS PROVIDE A PRESTIGIOUS AND TRANSFORMATIONAL SET OF GROWTH OPPORTUNITIES IN CLASSICAL MUSIC PERFORMANCE FOR YOUNG MUSICIANS FROM ALL BACKGROUNDS IN THE WASHINGTON, D.C., METROPOLITAN AREA. SEVEN ORCHESTRAS AND SIX ENSEMBLES CHANGE STUDENTS' LIVES THROUGH EXCELLENCE IN INSTRUCTION AND INSTILLING EXCELLENCE IN MUSICIANSHIP AS WELL AS SOCIAL RESPONSIBILITY VIA OUTREACH TO THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AYPO PROVIDES ORCHESTRAL TRAINING TO MORE THAN 450 STUDENTS AGES 9 TO 21. ITS FIVE ORCHESTRAS AND SIX ENSEMBLES REHEARSE AND PRESENT CONCERTS TO THE COMMUNITY. AYPO ACCEPTS APPLICANTS BASED ON THEIR MUSICAL ABILITY, WITHOUT REGARD TO GENDER, RACE, RELIGION OR DISABILITY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Hong Board President | OfficerTrustee | 1 | $0 |
Graham Elliott Executive Director | OfficerTrustee | 40 | $120,086 |
Ben Baldanza VP Finance | OfficerTrustee | 1 | $0 |
Robert Sollinger VP Operations | OfficerTrustee | 1 | $0 |
Suzanne Mucchetti Secretary | OfficerTrustee | 1 | $0 |
Karen Leyva Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $15,694 |
| Related organizations | $0 |
| Government grants | $39,927 |
| All other contributions, gifts, grants, and similar amounts not included above | $174,711 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $230,332 |
| Total Program Service Revenue | $617,599 |
| Investment income | $24,215 |
| 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 | $872,146 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $22,350 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $122,600 |
| Compensation of current officers, directors, key employees. | $30,650 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $162,304 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $14,813 |
| Payroll taxes | $21,929 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $27,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,960 |
| Fees for services: Other | $253,934 |
| Advertising and promotion | $0 |
| Office expenses | $24,205 |
| Information technology | $6,522 |
| Royalties | $0 |
| Occupancy | $15,613 |
| 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 | $2,285 |
| Insurance | $9,482 |
| All other expenses | $96 |
| Total functional expenses | $871,792 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $23,332 |
| Savings and temporary cash investments | $92,968 |
| Pledges and grants receivable | $47,673 |
| Accounts receivable, net | $10,310 |
| 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 | $7,999 |
| Net Land, buildings, and equipment | $5,623 |
| Investments—publicly traded securities | $463,185 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,150 |
| Total assets | $653,240 |
| Accounts payable and accrued expenses | $4,370 |
| Grants payable | $0 |
| Deferred revenue | $1,072 |
| 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 | $29,352 |
| Total liabilities | $34,794 |
| Net assets without donor restrictions | $291,560 |
| Net assets with donor restrictions | $326,886 |
| 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 | $653,240 |