Wichita Falls Youth Symphony Orchestra
- Assets
- $132.1k
- Revenue
- $206.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Wichita Falls, TX
- Founding
- 11/1995
- Data as of
- 05/2022
- 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 05/2022, Wichita Falls Youth Symphony Orchestra employed 4 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 05/2022, Wichita Falls Youth Symphony Orchestra generated $206.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $177.8k during the year ending 05/2022. While expenses have increased by 9.6% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
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, PLUS A SIDE-BY-SIDE CONCERT WITH THE WICHITA FALLS SYMPHONY. THE CONCERTS INCLUDED A DIVERSE GROUP OF 62 YOUTH PERFORMERS FROM THE LOCAL COMMUNITY AND SURROUNDING COUNTIES, AS WELL AS 5 ENSEMBLE PERFORMANCES, TO A TOTAL AUDIENCE OF APPROXIMATELY 2,500.
PROVIDED PRIVATE VIOLIN INSTRUCTION FOR 55 ELEMENTARY STUDENTS ATTENDING 7 SCHOOLS WITHIN THE WICHITA FALLS PUBLIC SCHOOL SYSTEM. THEY PERFORMED IN 3 CONCERTS WITH A TOTAL AUDIENCE OF APPROXIMATELY 300 IN ATTENDANCE.
CONDUCTED A SUMMER ORCHESTRA CAMP FOR 15 YOUTH. THEY TOOK CLASSES THROUGHOUT THE WEEK FOCUSING ON MUSIC THEORY, INSTRUMENTAL AND ENSEMBLE PERFORMANCE. THE CAMP CONCLUDED WITH A CONCERT ATTENDED BY APPROXIMATELY 75.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Hall Executive Director | Officer | 40 | $38,110 |
Dana Taylor Board Chair | OfficerTrustee | 1 | $0 |
Carlana Fitch Treasurer | OfficerTrustee | 1 | $0 |
Lisa Graf Vice Chair | OfficerTrustee | 1 | $0 |
Elizabeth Witherspoon Secretary | OfficerTrustee | 1 | $0 |
Adam Lynskey Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $4,545 |
| Related organizations | $0 |
| Government grants | $48,806 |
| All other contributions, gifts, grants, and similar amounts not included above | $126,456 |
| Noncash contributions included in lines 1a–1f | $4,545 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,807 |
| Total Program Service Revenue | $18,358 |
| Investment income | $3 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8,774 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $206,942 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $38,111 |
| Compensation of current officers, directors, key employees. | $9,528 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $78,557 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,467 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $25,326 |
| Advertising and promotion | $505 |
| Office expenses | $1,367 |
| Information technology | $3,447 |
| Royalties | $0 |
| Occupancy | $1,920 |
| 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 | $1,894 |
| Insurance | $2,248 |
| All other expenses | $0 |
| Total functional expenses | $177,835 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $127,338 |
| 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 | $4,756 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $132,094 |
| 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 | $3,008 |
| Total liabilities | $3,008 |
| Net assets without donor restrictions | $121,578 |
| Net assets with donor restrictions | $7,508 |
| 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 | $132,094 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Wichita Falls Youth Symphony Orchestra has recieved totaling $72,701.
| Awarding Organization | Amount |
|---|---|
Priddy Foundation Wichita Falls, TX PURPOSE: GAIL KEY ACADEMY OF MUSIC 2021-2022 & 2022-2023 | $44,000 |
North Texas Area United Way Inc Wichita Falls, TX PURPOSE: GENERAL SUPPORT | $10,000 |
Wichita Falls Area Community Foundation Wichita Falls, TX PURPOSE: Arts/Culture | $7,764 |
Bryant Edwards Foundation Inc Wichita Falls, TX PURPOSE: SUMMER STRING ORCHESTRA CAMP | $6,500 |
Fain Foundation Wichita Falls, TX PURPOSE: REHEARSAL COACHES | $4,100 |
Perkins-Prothro Foundation Wichita Falls, TX PURPOSE: TEXOMA GIVES 2021 | $257 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New Orleans Jazz & Heritage Foundation Inc New Orleans, LA | $55,852,647 | $11,473,899 |
Santa Fe Chamber Music Festival Ltd Santa Fe, NM | $1,291,052 | $2,691,404 |
Crossmen Productions Inc San Antonio, TX | $778,928 | $1,511,300 |
Santa Fe Pro Musica Inc Santa Fe, NM | $501,673 | $918,775 |
Texas Bandmasters Association Inc San Antonio, TX | $1,139,191 | $835,883 |
Bandera County Junior Livestock Show Association Bandera, TX | $697,248 | $530,611 |
Bandera County Helping Hand Center Bandera, TX | $1,402,812 | $225,618 |
Houston Saengerbund Houston, TX | $4,613,712 | $574,373 |
Berkner Area Band Club Inc Richardson, TX | $88,792 | $278,485 |
Parkway High School Band Boosters Inc Bossier City, LA | $66,264 | $251,167 |
North Texas Colorguard Association Arlington, TX | $31,126 | $169,805 |
The Vigil Project Inc Mandeville, LA | $22,670 | $97,621 |