Gold Youth Arts Organization Inc
- Assets
- $170.8k
- Revenue
- $175.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Lemon Grove, CA
- Founding
- 02/2013
- Data as of
- 12/2020
- EIN
- 90-0798525
Organization Overview
Gold Youth Arts Organization Inc is located in Lemon Grove, CA. The organization was established in 2013. According to its NTEE Classification (A6C) the organization is classified as: Bands & Ensembles, 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. Gold Youth Arts Organization 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 12/2020, Gold Youth Arts Organization Inc generated $175.9k 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 (9.3%) each year. All expenses for the organization totaled $254.0k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.5%) 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
GOLD SEEKS TO IMPROVE PUBLICSS UNDERSTANDING OF AND APPRECIATION FOR MUSIC AND MARCHING BAND PERFORMANCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLDS PRIMARY PURPOSE IS TO ENRICH THE EDUCATIONAL, SOCIAL, ETHICAL AND PERFORMING ARTS LIVES OF YOUNG ADULTS THROUGH THE ART OF MARCHING BAND MUSIC INSTRUCTION AND PERFORMANCE.
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 |
|---|---|---|---|
Donald Flaherty Chief Executive Officer | OfficerTrustee | 12 | $52,500 |
Scott Director Director Of Development | Trustee | 12 | $44,800 |
Darcy Johnson Secretary | OfficerTrustee | 12 | $19,000 |
Judy Gunter Treasurer | OfficerTrustee | 12 | $1,800 |
Raymond Gardner Director Of Transportation | OfficerTrustee | 12 | $1,500 |
Jeremy Michael Grasz Board President | OfficerTrustee | 12 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,227 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $158,694 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $175,921 |
| Total Program Service Revenue | $0 |
| Investment income | $6 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $175,927 |
| 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. | $120,600 |
| Compensation of current officers, directors, key employees. | $120,600 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,078 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $351 |
| Office expenses | $965 |
| Information technology | $5,406 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $6,629 |
| 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 | $16,240 |
| Insurance | $13,869 |
| All other expenses | $12,923 |
| Total functional expenses | $253,962 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $146,401 |
| 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 | $24,360 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $170,761 |
| Accounts payable and accrued expenses | $28,500 |
| 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 | $189,607 |
| Other liabilities | $0 |
| Total liabilities | $218,107 |
| Net assets without donor restrictions | -$47,346 |
| 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 | $170,761 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Gold Youth Arts Organization Inc has recieved totaling $75,176.
| Awarding Organization | Amount |
|---|---|
Pattis Way Los Angeles, CA PURPOSE: GENERAL SUPPORT | $75,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $176 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
La Jolla Music Society La Jolla, CA | $84,407,602 | $5,224,613 |
San Jose Jazz San Jose, CA | $2,593,807 | $3,379,944 |
Jazzbird Foundation Carefree, AZ | $371,107 | $1,611,890 |
Chamber Music Northwest Portland, OR | $8,037,265 | $1,659,889 |
Western International Band Clinic Springfield, OR | $7,625,863 | $1,846,381 |
Kuumbwa Jazz Society Santa Cruz, CA | $2,565,296 | $1,676,350 |
Trione Family Foundation Santa Rosa, CA | $6,746 | $1,100,846 |
Southern California School Band And Orchestra Association Vista, CA | $425,330 | $770,699 |
Arizona Friends Of Chamber Music Tucson, AZ | $1,259,691 | $434,592 |
Imago The Theatre Mask Ensemble Portland, OR | $818,955 | $560,947 |
Pacific Resident Theatre Ensemble Venice, CA | $434,690 | $650,253 |
Note-Able Music Therapy Services Reno, NV | $540,745 | $726,039 |