Cuban American Youth Orchestra
- Assets
- $43.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Minneapolis, MN
- Founding
- 12/2016
- Data as of
- 12/2021
- EIN
- 81-3196433
Organization Overview
Cuban American Youth Orchestra is located in Minneapolis, MN. The organization was established in 2016. 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. Cuban American 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 12/2021, Cuban American Youth Orchestra generated $84.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $37.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
CAYO IS DEDICATED TO PROVIDING EDUCATIONAL AND PERFORMANCE OPPORTUNITIES FOR STUDENT AND PRE-PROFESSIONALMUSICIANS FROM THE US AND CUBA THROUGH WORKSHOPS, ARTS DELEGATIONS, AND CULTURAL EXCHANGES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rena Kraut Executive Director | 20 | $21,280 | |
Brad Brown Board Chair | 4 | $0 | |
Cynthia Newport Vice Chair | 4 | $0 | |
Richard Walch Treasurer | 4 | $0 | |
Conor Mcgill Secretary | 4 | $0 | |
Daiana Garcia Board Member | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,705 |
| Total Program Service Revenue | $2,509 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,214 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,949 |
| Professional fees and other payments to independent contractors | $8,215 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $238 |
| Other expenses | $6,068 |
| Total expenses | $37,470 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,270 |
| Other assets | $0 |
| Total assets | $43,777 |
| Total liabilities | $2,913 |
| Net assets or fund balances | $40,864 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cuban American Youth Orchestra has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Saint Paul Chamber Orchestra Society St Paul, MN | $57,703,244 | $22,202,532 |
Madison Symphony Orchestra Inc Madison, WI | $6,807,074 | $3,792,114 |
Des Moines Symphony Association Des Moines, IA | $12,208,795 | $2,653,432 |
Milwaukee Youth Symphony Orchestra Inc Milwaukee, WI | $9,958,210 | $2,491,222 |
South Dakota Symphony Orchestra Sioux Falls, SD | $2,471,738 | $2,231,218 |
Quad City Symphony Orchestra Association Davenport, IA | $1,491,842 | $2,535,869 |
Wisconsin Chamber Orchestra Inc Madison, WI | $6,414,052 | $3,173,196 |
Orchestra Iowa Inc Cedar Rapids, IA | $6,413,175 | $1,876,177 |
Greater Twin Cities Youth Symphonies St Paul, MN | $1,493,786 | $1,297,904 |
Dubuque Symphony Orchestra Dubuque, IA | $3,373,289 | $1,369,482 |
Duluth-Superior Symphony Association Duluth, MN | $1,861,417 | $795,245 |
Sioux City Symphony Orchestra Association Sioux City, IA | $4,671,990 | $1,267,585 |