Young Musicians And Artists
- Assets
- $950.7k
- Revenue
- $741.4k
- Investments
- $523.9k
- Employees
- 9
- Location
- Portland, OR
- Founding
- 06/1986
- Data as of
- 09/2023
- EIN
- 93-0910160
Organization Overview
Young Musicians And Artists is located in Portland, OR. The organization was established in 1986. According to its NTEE Classification (O20) the organization is classified as: Youth Centers & Clubs, under the broad grouping of Youth Development and related organizations. As of 09/2023, Young Musicians And Artists employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Musicians And Artists 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 09/2023, Young Musicians And Artists generated $741.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $606.3k during the year ending 09/2023. While expenses have increased by 5.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
YMA'S MISSION IS TO PROVIDE YOUNG PEOPLE WITH A UNIQUE PERSONAL EXPERIENCE IN THE VISUAL AND PERFORMING ARTS, WHERE THEY SHARE CREATIVE INTERESTS IN A POSITIVE ENVIRONMENT THAT BUILDS CONFIDENCE, ENHANCES SELF-ESTEEM AND REINFORCES A SENSE OF COMMUNITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
YMA HOLDS A RESIDENTIAL SUMMER CAMP FOR YOUTHS PROVIDING MUSIC AND ART INSTRUCTION. YMA STUDENTS IN GRADE 4 THROUGH 12 CHOOSE A CREATIVE AREA TO FOCUS ON FOR THE SESSION-EVERYTHING FROM INSTRUMENTAL MUSIC CHOIR AND VISUAL ARTS TO DANCE,THEATER AND CREATIVE WRITING.THEY WORK CLOSELY WITH YMA FACULTY, COMPRISED OF PROFESSIONAL ARTISTS AND EDUCATORS FROM AROUND THE COUNTRY,ALL OF WHOM ARE PASSIONATE ABOUT INSTILLING A LOVE OF THE ARTS IN YOUNG PEOPLE AND WHO PROVIDE A STRUCTURED PROGRAM IN THEIR FOCUS AREAS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Neal Spinler Executive Director | 40 | $71,680 | |
Galen Cohen Camp Director | 20 | $26,760 | |
Katelyn Benage Vice President | OfficerTrustee | 1 | $0 |
Cassie Worthington Member | Trustee | 1 | $0 |
Simone Coker-Kamna Treasurer | OfficerTrustee | 1 | $0 |
Laura Moen Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $14,344 |
| All other contributions, gifts, grants, and similar amounts not included above | $73,942 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,286 |
| Total Program Service Revenue | $606,070 |
| Investment income | $12,063 |
| 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 | $346 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $741,377 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $91,364 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $90,841 |
| Compensation of current officers, directors, key employees. | $27,920 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $21,933 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,064 |
| Payroll taxes | $9,881 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,476 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $6,925 |
| Fees for services: Other | $149,632 |
| Advertising and promotion | $4,227 |
| Office expenses | $281 |
| Information technology | $7,340 |
| Royalties | $0 |
| Occupancy | $166,642 |
| Travel | $2,573 |
| 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 | $5,109 |
| All other expenses | $1,296 |
| Total functional expenses | $606,321 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $363,508 |
| Savings and temporary cash investments | $62,762 |
| 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 | $543 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $523,860 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $950,673 |
| Accounts payable and accrued expenses | $4,310 |
| 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 | $4,310 |
| Net assets without donor restrictions | $0 |
| 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 | $946,363 |
| Total liabilities and net assets/fund balances | $950,673 |