American Youth Symphony Inc is located in El Segundo, CA. The organization was established in 1962. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, American Youth Symphony Inc employed 22 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American 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, American Youth Symphony Inc generated $693.0k 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 (4.3%) each year. All expenses for the organization totaled $721.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.4%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRAIN GIFTED YOUNG MUSICIANS FOR PROFESSIONAL CAREERS IN SYMPHONY ORCHESTRAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICAN YOUTH SYMPHONY, INC. (AYS) IS A NONPROFIT ORGANIZATION WHOSE MISSION IS "TO INSPIRE THE FUTURE OF CLASSICAL MUSIC." AYS ACHIEVES ITS MISSION BY PROVIDING FELLOWSHIPS TO EXCEPTIONAL YOUNG ORCHESTRAL MUSICIANS (AGES 15 AND UP) AND PRESENTING FREE CONCERTS TO THE COMMUNITY. COMPRISED OF 100 PASSIONATE AND TALENTED MUSICIANS FROM ALL OVER THE WORLD, AYS IS ONE OF THE NATION'S BEST TRAINING GROUNDS FOR THE NEXT GENERATION OF ORCHESTRAL PROFESSIONALS. THE AYS ORCHESTRA PERFORMS WORKS ACROSS THE BREADTH OF ORCHESTRAL MUSIC: CLASSIC REPERTOIRE, WORKS BY LIVING AND UNDERREPRESENTED COMPOSERS, FILM MUSIC, AND NEW WORKS COMMISSIONED BY AYS. BY PRODUCING EXCEPTIONAL AND ACCESSIBLE CONCERTS, AYS IS PROUD TO HAVE ONE OF THE MOST DIVERSE AUDIENCES TO BE FOUND IN CLASSICAL MUSIC TODAY. AYS MUSICIANS ARE PAID SCHOLARSHIPS TO ENSURE EQUITABLE ACCESS TO PARTICIPATION OPPORTUNITIES. THE AYS CONCERT SEASON RUNS FROM SEPTEMBER THROUGH MAY AND MOST CONCERTS ARE PRESENTED AT UCLA'S ROYCE HALL. THE CONCERTS ARE OFFERED FREE TO THE COMMUNITY IN ALIGNMENT WITH AYS'S LONGSTANDING COMMITMENT TO ELIMINATING FINANCIAL BARRIERS THAT MIGHT RESTRICT ACCESS TO EXPERIENCING REMARKABLE ORCHESTRAL WORKS PERFORMED LIVE IN A BEAUTIFUL CONCERT HALL. AYS ALSO RUNS A MUSIC EDUCATION PROGRAM THAT SUPPORTS MUSIC PROGRAMS AT TITLE-1 LAUSD MIDDLE SCHOOLS WHILE ALSO PROVIDING ORCHESTRA MEMBERS WITH VALUABLE IN-SCHOOL TEACHING EXPERIENCE.AYS' 56TH SEASON (2020/2021) WAS LED BY MUSIC DIRECTOR, CARLOS IZCARAY, ONLY THE THIRD CONDUCTOR TO HOLD THIS POSITION SINCE THE ORGANIZATION'S FOUNDING IN 1964. THE SEASON INCLUDED THE FOLLOWING PERFORMANCES (CONCERTS MARKED WITH AN ASTERISK* WERE PRESENTED FREE TO THE PUBLIC). ALL PERFORMANCES WERE VIRTUAL AND/OR PRACTICED SOCIAL DISTANCING DUE TO THE IMPACT OF THE COVID-19 PANDEMIC THROUGHOUT THE ENTIRE SEASON:SEPTEMBER 26, 2020*-ONE-ON-ONE ROOFTOP CONCERTS AT THE EL SEGUNDO MUSEUM OF ART (ESMOA) WITH AYS VIOLINIST ANI SINANYAN (J.S. BACH'S SONATA NO. 1 IN G; KOMITAS VARDAPET'S AL AYLUGHS) AND PRINCIPAL CELLIST, ALEX MANSOUR (MARK SUMMERS, JULIE-O; BACH, CELLO SUITE NO. 1 EXCERPTS; KODALY, SOLO CELLO SONATA EXCERPT). RECORDED AND POSTED ON YOUTUBE.NOVEMBER 1, 2020*-VIRTUAL FALL CONCERT WITH CONDUCTOR CARLOS IZCARAY: BENJAMIN BRITTEN'S VARIATIONS ON A THEME OF FRANK BRIDGE; JESSE MONGOMERY'S STARBURST; IGOR STRAVINSKY'S SYMPHONY OF WIND INSTRUMENTS; CARLOS IZCARAY'S BLOOM (WORLD PREMIERE). RECORDED AT ROYCE HALL, LIVE EVENT BROADCAST AND AVAILABLE ON-DEMAND ON YOUTUBE.DECEMBER 20, 2020*-VIRTUAL CONCERT WITH ALEX MANSOUR, PRINCIPAL CELLO, AND GALIA KASTNER, CONCERTMASTER: ALEX MANSOUR'S 1,000 CRANES (WORLD PREMIERE). ALEX MANSOUR IS THE AYS CREATIVE FELLOW. RECORDED AT ESMOA, LIVE EVENT BROADCAST AND AVAILABLE ON-DEMAND ON YOUTUBE.DECEMBER 24, 2020*-VIRTUAL ENSEMBLE WITH THE LA COUNTY HOLIDAY CELEBRATION: ALEX MANSOUR'S CANDLELIGHT. EVENT BROADCAST ON PBS SOCAL, AND POSTED ON AYS YOUTUBE.MARCH 20, 2021*-VIRTUAL CONCERT LIVESTREAM FROM ESMOA WITH DOUBLE BASSIST MOSES AUBREY, VIOLIST SARAH WILKINSON, AND CELLIST BEN SOLOMONOW. J.S. BACH'S SUITE NO. 3 IN C; FRANOIS RABBATH'S ODE D'ESPAA, MOSES AUBREY'S I ATE THAT BOTTLE; J.S. BACH'S SUITE NO. 6 IN D; LUDWIG VAN BEETHOVEN'S EYEGLASS DUET. LIVE EVENT BROADCAST AND AVAILABLE ON-DEMAND ON YOUTUBE.JUNE 3, 2021*-AYS 2021 VIRTUAL GALA WITH CONDUCTOR CARLOS IZCARAY: AARON COPLAND, THREE LATIN AMERICAN SKETCHES; ANNA CLYNE, WITHIN HER ARMS; JOSEPH BOLOGNE, CHEVALIER DE SAINT-GEORGES: SYMPHONY NO. 1; WOLFGANG AMADEUS MOZART, SERENATA NOTTURNA. RECORDED AT ROYCE HALL, LIVE EVENT BROADCAST AND AVAILABLE ON-DEMAND ON YOUTUBE.AYS IS FIRMLY ESTABLISHED AS A "GATEWAY ORCHESTRA FOR ASPIRING MUSICIANS, AS WELL AS THE FIELD OF CLASSICAL MUSIC AT-LARGE. AYS ALUMNI HAVE JOINED THE FINEST ORCHESTRAS IN THE NATION, INCLUDING THE NEW YORK PHILHARMONIC, THE CHICAGO SYMPHONY, THE CLEVELAND ORCHESTRA, AND THE METROPOLITAN OPERA, TO NAME A FEW. THE THREE LEADING ORCHESTRAS IN LOS ANGELES - THE LA PHILHARMONIC, THE LA CHAMBER ORCHESTRA, AND THE LA OPERA - EMPLOY 39 AYS GRADUATES. ADDITIONALLY, PART OF AYS' MISSION IS TO BUILD NEW AUDIENCES FOR ALL CLASSICAL MUSIC. WHAT INITIALLY STARTS OUT AS A FREE OPPORTUNITY TO EXPERIENCE SOMETHING NEW MORE OFTEN THAN NOT DEVELOPS FROM THERE - VIA THE CALIBER OF AYS PERFORMANCES, A MAJESTIC CONCERT HALL, AND THE INHERENT BEAUTY AND POWER OF THIS MUSIC - INTO A SUBSTANTIVE SYSTEM OF SUPPORT FOR PROFESSIONAL ORCHESTRAS AND ENSEMBLES. SUPPORTERS OF AYS NOT ONLY PROVIDE THE GIFT OF EXCEPTIONAL CONCERTS TO THE LOS ANGELES COMMUNITY, THEY ARE ALSO INVESTING IN THE FUTURE OF THIS BEAUTIFUL ART FORM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tara Aesquivel Executive Director | Officer | 40 | $87,000 |
Kevin Dretzka Chairman | OfficerTrustee | 3 | $0 |
David Papale Treasurer | OfficerTrustee | 1 | $0 |
Peter Mandell Secretary | OfficerTrustee | 1 | $0 |
Krystyna Newman Vice-Chair | OfficerTrustee | 2 | $0 |
Herb Gelfand Chairman Emertius | OfficerTrustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $39,967 |
Related organizations | $0 |
Government grants | $255,147 |
All other contributions, gifts, grants, and similar amounts not included above | $386,012 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $681,126 |
Total Program Service Revenue | $0 |
Investment income | $6,468 |
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 | $692,995 |
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. | $90,680 |
Compensation of current officers, directors, key employees. | $13,602 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $217,492 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $13,848 |
Payroll taxes | $15,473 |
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 | $37,062 |
Advertising and promotion | $0 |
Office expenses | $40,108 |
Information technology | $11,323 |
Royalties | $0 |
Occupancy | $47,349 |
Travel | $4,427 |
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 | $8,363 |
All other expenses | $100 |
Total functional expenses | $721,006 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $224,963 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $368,541 |
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 | $112,101 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $42,710 |
Total assets | $748,315 |
Accounts payable and accrued expenses | $6,337 |
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 | $6,337 |
Net assets without donor restrictions | $119,072 |
Net assets with donor restrictions | $622,906 |
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 | $748,315 |
Over the last fiscal year, we have identified 10 grants that American Youth Symphony Inc has recieved totaling $102,175.
Awarding Organization | Amount |
---|---|
Ralph M Parsons Foundation Los Angeles, CA PURPOSE: FOR GENERAL SUPPORT OF MUSICIAN TRAINING AND COMMUNITY ENGAGEMENT PROGRAMS | $30,000 |
Colburn Foundation Beverly Hills, CA PURPOSE: SUPPORT OF THE CLASSICAL ARTS | $25,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: ARTS AND CULTURE | $25,000 |
Steven Gordon Family Foundation Beverly Hills, CA PURPOSE: GENERAL USE | $5,000 |
Lawrence And Sandra Post Family Foundation Thousand Oaks, CA PURPOSE: MUSIC TEACHING | $5,000 |
Samuel And Helene Soref Foundation Studio City, CA PURPOSE: PROGRAM | $5,000 |
Beg. Balance | $87,348 |
Earnings | $1,052 |
Ending Balance | $88,400 |
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 |
Oregon Symphony Association Portland, OR | $27,740,551 | $13,773,397 |
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 |