Peninsula Youth Orchestra
- Assets
- $26.9k
- Revenue
- $20.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Gig Harbor, WA
- Founding
- 12/2001
- Data as of
- 07/2022
- EIN
- 91-2026763
Organization Overview
Peninsula Youth Orchestra is located in Gig Harbor, WA. The organization was established in 2001. 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. Peninsula 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 07/2022, Peninsula Youth Orchestra generated $20.8k 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 (18.9%) each year. All expenses for the organization totaled $24.8k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (15.2%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATIONAL SERVICES TO ALL CHILDREN IN THE AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
WEEKLY LESSONS FOR FIVE LEVELS FROM BEGINNING TO ADVANCED FOR APPROXIMATELY 100 YOUTHS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenny Young President | Officer | 4 | $0 |
Naomi Truitt Vice President | Officer | 1 | $0 |
Paula Vanderpoel Secretary | Officer | 4 | $0 |
Robert Fisher Treasurer | Officer | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,181 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,181 |
| Total Program Service Revenue | $17,603 |
| Investment income | $22 |
| 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 | $20,806 |
| 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. | $15,950 |
| Compensation of current officers, directors, key employees. | $15,950 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| 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 | $1,328 |
| Advertising and promotion | $42 |
| Office expenses | $6,118 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $780 |
| All other expenses | $0 |
| Total functional expenses | $24,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,892 |
| Savings and temporary cash investments | $21,035 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,927 |
| Accounts payable and accrued expenses | $992 |
| 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 | $0 |
| Total liabilities | $992 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $25,935 |
| 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 | $26,927 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peninsula Youth Orchestra has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Elliott Family Foundation Yelm, WA PURPOSE: SUPPORT FOR YOUTH MUSICIANS | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chamber Music Northwest Portland, OR | $8,037,265 | $1,659,889 |
Western International Band Clinic Springfield, OR | $7,625,863 | $1,846,381 |
Sequim City Band Sequim, WA | $298,067 | $361,732 |
Imago The Theatre Mask Ensemble Portland, OR | $818,955 | $560,947 |
Sun Valley Jazz Jamboree Inc Battle Ground, WA | $109,228 | $268,275 |
Portland Jazz Festival Incorporated Portland, OR | $601,862 | $596,387 |
45th Parallel Portland, OR | $130,724 | $325,687 |
Delgani String Quartet Eugene, OR | $227,161 | $261,723 |
Olympic Music Festival Port Townsend, WA | $229,807 | $365,201 |
Boise Baroque Inc Boise, ID | $128,441 | $285,197 |
Byron Schenkman & Friends Seattle, WA | $93,360 | $0 |
Boxley Music Fund North Bend, WA | $115,699 | $205,410 |