Madison Youth Arts Center Inc

Organization Overview

Madison Youth Arts Center Inc is located in Madison, WI. The organization was established in 2019. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2022, Madison Youth Arts Center Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Youth Arts Center 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 12/2022, Madison Youth Arts Center Inc generated $407.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (56.1%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE MADISON YOUTH ARTS CENTER, INC. (A/K/A MYARTS) EXISTS TO SUPPORT YOUNG PEOPLE'S CREATIVE EXPERIENCES BY PROVIDING HIGH-QUALITY AND AFFORDABLE PROGRAM SPACES ACCESSIBLE TO A WIDE VARIETY OF PROVIDERS, INCLUDING MADISON YOUTH CHOIRS AND CHILDREN'S THEATER OF MADISON, ITS ANCHOR PARTNERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CENTER'S PURPOSE IS TO ENSURE OPPORTUNITIES FOR YOUNG PEOPLE TO EXPRESS THEMSELVES, DISCOVER THE ARTS, AND CREATE CONNECTIONS. THE CENTER SERVES AS THE HOME FOR THE CHILDREN'S THEATER OF MADISON AND MADISON YOUTH CHOIRS, PROVIDES SPACE FOR ADMINISTRATIVE SERVICES, AND OFFERS PERFORMANCE AND REHEARSAL SPACE TO OTHER NOT-FOR-PROFIT ARTS ORGANIZATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Deborah Biddle
President
$0
Kris Rasmussen
Vice President
$0
Pamela Krill
Secretary
$0
Samuel Lemense
Treasurer
$0
Elizabeth Odders-White
Director
$0
Yorel Lashley
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $20,000
All other contributions, gifts, grants, and similar amounts not included above$78,565
Noncash contributions included in lines 1a–1f $22,140
Total Revenue from Contributions, Gifts, Grants & Similar$98,565
Total Program Service Revenue$291,394
Investment income $16,501
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $577
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $407,037

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