Overview
What is The Young People's Chorus Of New York City Inc?
The Young People's Chorus of New York City Inc, located at 37 WEST 65TH STREET 2ND FLOOR, New York, NY 10023, is a nonprofit organization with a mission to foster musical growth in diverse children. Serving approximately 2,255 boys and girls, the chorus offers a distinct program that encourages music appreciation and choral performance, aiming to maximize each child's musical potential. By establishing a model of artistic excellence and harmony, the chorus enriches their community. The organization, employing 83 individuals, strives to create a harmonious and inclusive environment, welcoming children from various backgrounds and abilities.
Official website here: www.ypc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88% (Three-Star out of Four Star rating)
The Young People's Chorus of New York City Inc has received a solid Three-Star rating from Charity Navigator, reflecting its commendable performance in accountability and finance. The organization boasts an impressive accountability score of 88, driven by its transparency and governance practices, such as a fully independent board and robust financial oversight.
Strengths noted include a high program expense ratio of 84.58%, indicating that a significant portion of its budget is dedicated to its programs rather than administrative costs. Additionally, the organization demonstrates excellent fundraising efficiency, raising $0.10 for every dollar spent, which suggests effective resource management. The complete absence of material diversions of assets and loans to officers reinforces its financial integrity.
However, the organization has a liabilities to assets ratio of 52.17%, which could signal a need for careful financial planning to ensure long-term sustainability. Overall, while the organization excels in many areas, continuing to monitor its liabilities will be important for maintaining its strong financial health.
This AI summary has been generated from information found on Charity Navigator.
Is The Young People's Chorus Of New York City Inc legitimate?
The Young People's Chorus Of New York City Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Young People's Chorus Of New York City Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.ypc.org
What is the mission statement of The Young People's Chorus Of New York City Inc?
The Young People's Chorus of New York City Inc's mission is to offer a distinctive music appreciation and choral performance program for children of various abilities and backgrounds. This initiative aims to foster each child's musical potential while establishing a model of artistic excellence and harmony that enriches the community. By providing a comprehensive music education to approximately 2,255 boys and girls, the chorus seeks to promote harmony and artistic growth, benefiting the community as a whole.
Official website here: www.ypc.org
What is the revenue of The Young People's Chorus Of New York City Inc?
The Young People's Chorus Of New York City Inc's revenue in 2024 was $7,458,020.
Official website here: www.ypc.org
Who are the executives of The Young People's Chorus Of New York City Inc and what are their salaries?
The average compensation at The Young People's Chorus Of New York City Inc during 2024 was $10,419. There are 46 employees and 168 volunteers at The Young People's Chorus Of New York City Inc.
Here are 31 key members and their salaries:
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- Compensation: $132,317
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- Compensation: $111,296
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- Compensation: $135,000
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Official website here: www.ypc.org
Where can I find the form 990 for The Young People's Chorus Of New York City Inc?
The Young People's Chorus Of New York City Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ypc.org
Learn more at the official website: www.ypc.org
Mission Statement of The Young People's Chorus Of New York City Inc
The Young People's Chorus of New York City Inc is dedicated to offering a distinctive music appreciation and choral performance program to children from various abilities and ethnic backgrounds. Their mission is to help each child realize their musical potential while creating a model of artistic excellence and harmony that enriches the community. By providing a comprehensive understanding of music to approximately 2,255 boys and girls, this nonprofit organization aims to foster a sense of unity and harmony, thereby contributing positively to society.
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Impact
July, 2024
The Young People's Chorus Of New York City Inc provides children of diverse abilities and ethnic backgrounds with a unique program of music appreciation and choral performance. Through their activities, they seek to fulfill each child's musical potential while creating a model of artistic excellence and harmony that enriches the community. This organization has a significant impact on approximately 2,255 boys and girls, offering them a comprehensive knowledge of music and a platform to develop their talents in the arts. The Young People's Chorus plays a vital role in fostering a love for music, promoting diversity, and nurturing artistic growth among young individuals in New York City.
This information is meant to be a general summary of The Young People's Chorus Of New York City Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $96,803
- Program Service Revenue: $865,335
- Gross Receipts: $7,906,595
Assets and Liabilities:
- Total Assets: $7,659,682
- Total Liabilities: $3,996,209
- Net Assets: $3,663,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PERFORMANCES
Revenue
$487,032
TUITION
Revenue
$278,047
IN SCHOOLS
Revenue
$100,256
Organization Details
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