Tacoma Youth Chorus
- Assets
- $129.5k
- Revenue
- $281.5k
- Investments
- $0.0
- Employees
- 8
- Location
- Tacoma, WA
- Founding
- 12/1998
- Data as of
- 06/2023
- EIN
- 91-1514858
Organization Overview
Tacoma Youth Chorus is located in Tacoma, WA. The organization was established in 1998. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Tacoma Youth Chorus employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tacoma Youth Chorus 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 06/2023, Tacoma Youth Chorus generated $281.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $298.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 7 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE CHORAL TRAINING, MUSIC EDUCATION AND PERFORMANCE OPPORTUNITIES TO LOCAL YOUTH IN GRADES KINDERGARTEN - 12.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CHORAL MUSIC TRAINING, EDUCATION AND PERFORMANCE OPPORTUNITIES TO LOCAL YOUTH IN GRADES 1-12.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicholas Lockey Managing Director | Officer | 40 | $53,700 |
Judith Herrington Executive Director | Officer | 24 | $51,740 |
Rebecca Bowlby Peters President | OfficerTrustee | 1 | $0 |
Grant Blinn Vice President | OfficerTrustee | 1 | $0 |
Mark Matteson Treasurer | OfficerTrustee | 1 | $0 |
Katie Tuite Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,361 |
| All other contributions, gifts, grants, and similar amounts not included above | $107,085 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,446 |
| Total Program Service Revenue | $169,964 |
| Investment income | $73 |
| 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 | $281,483 |
| 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. | $105,440 |
| Compensation of current officers, directors, key employees. | $18,305 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $77,272 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $16,780 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,878 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,776 |
| Advertising and promotion | $15,710 |
| Office expenses | $13,676 |
| Information technology | $3,898 |
| Royalties | $0 |
| Occupancy | $23,545 |
| Travel | $2,177 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $344 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,008 |
| Insurance | $4,872 |
| All other expenses | $0 |
| Total functional expenses | $298,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,118 |
| Savings and temporary cash investments | $73,390 |
| 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 | $1,050 |
| Net Land, buildings, and equipment | $1,960 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $129,518 |
| Accounts payable and accrued expenses | $2,546 |
| Grants payable | $0 |
| Deferred revenue | $18,592 |
| 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 | $10,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $31,138 |
| Net assets without donor restrictions | $98,380 |
| 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 | $129,518 |