Huntsville Youth Orchestra
- Assets
- $305.5k
- Revenue
- $183.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Huntsville, AL
- Founding
- 01/1977
- Data as of
- 06/2021
- EIN
- 63-0518628
Organization Overview
Huntsville Youth Orchestra is located in Huntsville, AL. The organization was established in 1977. 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 06/2021, Huntsville Youth Orchestra employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Huntsville Youth 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 06/2021, Huntsville Youth Orchestra generated $183.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $175.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.3%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER PROMOTE & PROVIDE THE SUPPORT NECESSARY FOR STUDENTS FROM THE TENNESSEE VALLEY TO EXPERIENCE MUSICAL EDUCATION IN AN ORCHESTRAL SETTING
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOSTERING PROMOTING & PROVIDING THE SUPPORT NECESSARY FOR STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Brown Executive Dir | Officer | 40 | $29,450 |
Jen Case President | Officer | 8 | $0 |
Erin Charles Treasurer | Officer | 8 | $0 |
Wayne Bucknor Vice President | Officer | 8 | $0 |
Andrew Case Secretary | Officer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $66,681 |
| Fundraising events | $23,387 |
| Related organizations | $0 |
| Government grants | $28,222 |
| All other contributions, gifts, grants, and similar amounts not included above | $45,782 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,072 |
| Total Program Service Revenue | $1,642 |
| Investment income | $15,112 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $2,390 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $183,825 |
| 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. | $29,450 |
| Compensation of current officers, directors, key employees. | $29,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $54,836 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,345 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,729 |
| Information technology | $3,023 |
| Royalties | $0 |
| Occupancy | $12,989 |
| 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 | $4,790 |
| Insurance | $3,142 |
| All other expenses | $0 |
| Total functional expenses | $175,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,042 |
| Savings and temporary cash investments | $103,537 |
| 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 | $4,290 |
| Investments—publicly traded securities | $115,603 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $305,472 |
| Accounts payable and accrued expenses | $3,703 |
| 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 | $3,703 |
| Net assets without donor restrictions | $301,769 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $305,472 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Huntsville Youth Orchestra has recieved totaling $24,446.
| Awarding Organization | Amount |
|---|---|
Huntsville Symphony Orchestra Guild Inc Huntsville, AL PURPOSE: SUPPORT | $24,280 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $166 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nashville Symphony Association Nashville, TN | $100,031,908 | $12,366,678 |
Jacksonville Symphony Association Jacksonville, FL | $14,561,376 | $11,991,040 |
Florida Orchestra Inc St Petersburg, FL | $17,821,899 | $8,292,788 |
Florida West Coast Symphony Inc Sarasota, FL | $33,277,421 | $26,320,822 |
The Orlando Philharmonic Orchestra Inc Orlando, FL | $6,944,219 | $4,632,792 |
Knoxville Symphony Society Inc Knoxville, TN | $1,484,079 | $3,960,669 |
Memphis Symphony Orchestra Inc Memphis, TN | $6,274,797 | $4,582,397 |
Alabama Symphonic Association Inc Birmingham, AL | $2,772,905 | $5,743,069 |
The Palm Beach Symphony Society Inc West Palm Beach, FL | $3,120,506 | $3,215,175 |
Augusta Symphony Inc Augusta, GA | $19,725,932 | $3,708,047 |
Chattanooga Symphony And Opera Association Chattanooga, TN | $2,736,698 | $2,680,505 |
Mobile Symphony Inc Mobile, AL | $1,270,022 | $2,012,590 |