Metropolitan Youth Symphony Inc
- Assets
- $499.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mesa, AZ
- Founding
- 03/1983
- Data as of
- 06/2021
- EIN
- 94-2864320
Organization Overview
Metropolitan Youth Symphony Inc is located in Mesa, AZ. The organization was established in 1983. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, 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. Metropolitan Youth Symphony 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 06/2021, Metropolitan Youth Symphony Inc generated $166.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $164.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karalee K Hagen Executive Director | 40 | $40,000 | |
Lana Cudmore Office Asst. | 20 | $11,631 | |
Christopher Wodarcyk Treasurer | 4 | $0 | |
Sandra Pullen Secretary | 2 | $0 | |
Blair Myers Vice President | 2 | $0 | |
Rae Wodarcyk President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,400 |
| Total Program Service Revenue | $60,540 |
| Membership dues | $0 |
| Investment income | $10,146 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,394 |
| Other Revenue | $30,067 |
| Total Revenue | $166,547 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $1,274 |
| Salaries, other compensation, and employee benefits | $55,580 |
| Professional fees and other payments to independent contractors | $35,245 |
| Occupancy, rent, utilities, and maintenance | $38,965 |
| Printing, publications, postage, and shipping | $1,548 |
| Other expenses | $31,762 |
| Total expenses | $164,374 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $117,335 |
| Other assets | $0 |
| Total assets | $499,912 |
| Total liabilities | $212,464 |
| Net assets or fund balances | $287,448 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Metropolitan Youth Symphony Inc has recieved totaling $43,205.
| Awarding Organization | Amount |
|---|---|
Giles W & Elise G Mead Foundation Seattle, WA PURPOSE: MYS HAS IDENTIFIED A NEED TO OFFER AN OUTREACH PROGRAM TO SUPPORT FAMILIES UNABLE TO PARTICIPATE DUE TO FINANCIAL CONSTRAINTS. COSTS FOR THIS PROGRAM ARE IDENTIFIED; CURRICULUM AND PARTICIPATION WILL SUSTAIN THE PROGRAM. | $43,050 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $155 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
San Francisco Symphony San Francisco, CA | $429,119,299 | $66,425,902 |
San Diego Symphony Orchestra Association San Diego, CA | $168,111,113 | $56,683,795 |
Colorado Symphony Association Denver, CO | $12,961,781 | $18,715,868 |
Pacific Symphony Irvine, CA | $52,133,763 | $17,603,170 |
San Diego Symphony Foundation San Diego, CA | $121,018,561 | $925,945 |
Philharmonia Baroque Orchestra & Chorale San Francisco, CA | $8,005,058 | $4,824,687 |
Santa Rosa Symphony Association Santa Rosa, CA | $23,001,628 | $6,302,463 |
Tucson Symphony Society Tucson, AZ | $15,428,177 | $6,501,284 |
Phoenix Symphony Association Phoenix, AZ | $1,368,252 | $4,890,998 |
Pasadena Symphony Association Pasadena, CA | $11,596,205 | $5,563,647 |
Santa Barbara Symphony Orchestra Association Santa Barbara, CA | $1,028,763 | $2,763,199 |
The Los Angeles Chamber Orchestra Society Inc Los Angeles, CA | $5,194,806 | $3,490,076 |