West Virginia Youth Symphony Inc
- Assets
- $99.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charleston, WV
- Founding
- 11/1969
- Data as of
- 06/2022
- EIN
- 55-0711071
Organization Overview
West Virginia Youth Symphony Inc is located in Charleston, WV. The organization was established in 1969. 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. West Virginia Youth Symphony Inc 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, West Virginia Youth Symphony Inc generated $120.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $103.4k during the year ending 06/2022. While expenses have increased by 2.1% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
INDIVIDUAL STUDENTS OF FOUR PERFORMING ENSEMBLES PERFORMED AN ANNUAL WINTER CONCERT ON JANUARY 9, 2022 AND A SPRING CONCERT ON MAY 8, 2022. YOUTH STRINGS COLLABORATED WITH MEMBERS OF YOUTH ORGANIZATIONS UNITED IN A COLLABORATIVE, LIVE BALLET PERFORMANCE OF "SLEEPING BEAUTY, THE AWAKENING" ON FEBRUARY 22, 2022. THE CHAMBER ENSEMBLE PROGRAM PROVIDED ADDITIONAL INCOME TO 7 CHAMBER COACHES FROM OCTOBER THROUGH MARCH, SERVING 34 STUDENTS, AND ENDED WITH A CHAMBER CONCERT ON MARCH 27, 2022. SECTIONAL COACHING WAS UTILIZED, PROVIDING SUPPLEMENTAL INCOME TO 16 HIGHLY SKILLED, LOCAL PROFESSIONAL MUSICIANS MULTIPLE TIMES DURING THE YEAR. THE YEAR ENDED WITH AN ENSEMBLE PERFORMANCE AT SYMPHONY SUNDAY ON JUNE 5, FOLLOWED BY A WEEK-LONG DAY CAMP FOR BEGINNER STRINGS STUDENTS, JUNE 20-24. IN TOTAL, 102 STUDENT MUSICIANS SERVED, 20 PROFESSIONAL MUSICIANS EMPLOYED. APPROXIMATELY 2,500 LIVE CONCERT ATTENDEES ENJOYED THESE PERFORMANCES DURING THE 2021-22 SEASON.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Beal Director | 1 | $0 | |
Eva Kay Cardea Director | 1 | $0 | |
Mark Davis Director | 1 | $0 | |
Paula Durst Secretary | 3 | $0 | |
Andrew Blackwood Director | 1 | $0 | |
Jim Mcjunkin Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $87,746 |
| Total Program Service Revenue | $31,478 |
| Membership dues | $0 |
| Investment income | $10 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,416 |
| Other Revenue | $0 |
| Total Revenue | $120,650 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $82,493 |
| Professional fees and other payments to independent contractors | $7,120 |
| Occupancy, rent, utilities, and maintenance | $400 |
| Printing, publications, postage, and shipping | $2,113 |
| Other expenses | $11,321 |
| Total expenses | $103,447 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $98,895 |
| Other assets | $0 |
| Total assets | $99,473 |
| Total liabilities | $864 |
| Net assets or fund balances | $98,609 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that West Virginia Youth Symphony Inc has recieved totaling $35,680.
| Awarding Organization | Amount |
|---|---|
Greater Kanawha Valley Foundation Charleston, WV PURPOSE: GENERAL SUPPORT | $24,320 |
Fund For The Arts Inc Charleston, WV PURPOSE: TO SUPPORT & FOSTER ARTISTIC ENDEAVORS | $11,258 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $102 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Musical Arts Association Cleveland, OH | $284,635,926 | $54,210,898 |
Cincinnati Symphony Orchestra Cincinnati, OH | $298,354,425 | $55,153,223 |
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 |
The Louisville Orchestra Inc Louisville, KY | $7,756,568 | $11,516,592 |
Virginia Symphony Orchestra Norfolk, VA | $5,267,903 | $8,191,490 |
Richmond Symphony Richmond, VA | $2,392,826 | $8,372,945 |
Columbus Symphony Orchestra Inc Columbus, OH | $23,849,025 | $7,378,126 |
Dayton Performing Arts Alliance Dayton, OH | $10,536,333 | $6,130,805 |
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 |