Wichita Falls Youth Symphony Orchestra
- Assets
- $140.4k
- Revenue
- $197.8k
- Investments
- $0.0
- Employees
- 7
- Location
- Wichita Falls, TX
- Founding
- 11/1995
- Data as of
- 05/2023
- EIN
- 75-2610910
Organization Overview
Wichita Falls Youth Symphony Orchestra is located in Wichita Falls, TX. The organization was established in 1995. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 05/2023, Wichita Falls Youth Symphony Orchestra employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wichita Falls 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 05/2023, Wichita Falls Youth Symphony Orchestra generated $197.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $187.7k during the year ending 05/2023. While expenses have increased by 9.1% 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
TO PROVIDE AREA YOUTH WITH MUSIC EDUCATION OPPORTUNITIES THAT LEAD TO EXCEPTIONAL GROUP PERFORMANCES AND A LIFELONG APPRECIATION OF MUSIC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRODUCED 3 FULL CONCERTS FEATURING OUR DIVERSE STUDENT ROSTER OF 73 YOUTH PERFORMERS FROM THE LOCAL COMMUNITY AND SURROUNDING COUNTIES. AN ADDITIONAL PERFORMANCE INCLUDED 4 APPRENTICE WINNERS WHO PERFORMED IN A WICHITA FALLS SYMPHONY CONCERT ALONGSIDE THEIR MENTORS. THE ENSEMBLE PERFORMED 17 CONCERTS IN WICHITA FALLS AND SURROUNDING AREAS. THE TOTAL YOUTH SYMPHONY AUDIENCE ATTENDANCE WAS APPROXIMATELY 3,825.
THE GAIL KEY ACADEMY PROVIDED PRIVATE STRINGS INSTRUCTION FOR 58 STUDENTS ATTENDING 4 WICHITA FALLS SCHOOLS. THEY PERFORMED 4 CONCERTS WITH A TOTAL AUDIENCE OF APPROXIMATELY 325 IN ATTENDANCE.
CONDUCTED A SUMMER ORCHESTRA CAMP FOR 24 YOUTH. THEY TOOK CLASSES THROUGHOUT THE WEEK FOCUSING ON ORCHESTRA PERFORMANCE, PRIVATE AND ENSEMBLE INSTRUCTION, AND MUSIC THEORY. THE CAMP CONCLUDED WITH A CONCERT ATTENDED BY APPROXIMATELY 100.
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 |
|---|---|---|---|
Lisa Graf Board Chair | OfficerTrustee | 1 | $0 |
Adam Lynskey Vice Chair | OfficerTrustee | 1 | $0 |
Natalie Rodriguez Treasurer | OfficerTrustee | 1 | $0 |
Elizabeth Witherspoon Secretary | OfficerTrustee | 1 | $0 |
Cathy Dodson Director | Trustee | 1 | $0 |
Julie Faulkner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,052 |
| All other contributions, gifts, grants, and similar amounts not included above | $136,977 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,029 |
| Total Program Service Revenue | $15,833 |
| Investment income | $24 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $19,888 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $197,774 |
| 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. | $27,334 |
| Compensation of current officers, directors, key employees. | $6,834 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $84,248 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,546 |
| Fees for services: Management | $445 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,160 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $29,238 |
| Advertising and promotion | $1,130 |
| Office expenses | $4,440 |
| Information technology | $3,716 |
| Royalties | $2,000 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $39 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,736 |
| Insurance | $2,876 |
| All other expenses | $0 |
| Total functional expenses | $187,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $137,400 |
| Savings and temporary cash investments | $0 |
| 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 | $3,020 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $140,420 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,223 |
| Total liabilities | $1,223 |
| Net assets without donor restrictions | $131,290 |
| Net assets with donor restrictions | $7,907 |
| 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 | $140,420 |