Overview
What is The Metropolitan Youth Orchestra Society Of New York Inc?
The Metropolitan Youth Orchestra Society of New York Inc is a distinguished nonprofit organization, dedicated to offering exceptional choral and orchestral experiences for talented musicians aged between 8 and 18. Their mission is centered around tailoring programs to cater to the unique needs of these young musicians, thereby fostering their growth and development in the realm of music.
Official website here: www.myo.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 1 Star (54%)
The Metropolitan Youth Orchestra Society of New York Inc has received a low rating of 54%, indicating concerns regarding its accountability and financial practices. With no independent board members and missing several critical governance policies, the organization faces scrutiny over its operational transparency and governance structure.
Despite these issues, the organization demonstrates a strong commitment to its programming, as evidenced by a high program expense ratio of 84.79%. This suggests that a significant portion of their funds is directed towards fulfilling their mission and providing services to the youth, which is a positive aspect of their overall operations.
However, the lack of independent oversight and missing key policies could hinder its effectiveness and trustworthiness in the eyes of potential donors and supporters. The absence of financial statements and proper documentation further complicates the evaluation of its financial health and sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is The Metropolitan Youth Orchestra Society Of New York Inc legitimate?
The Metropolitan Youth Orchestra Society Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Metropolitan Youth Orchestra Society Of New York 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: $99,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $56,587
For more financial information, click here
Official website here: www.myo.org
What is the mission statement of The Metropolitan Youth Orchestra Society Of New York Inc?
The Metropolitan Youth Orchestra Society of New York Inc is dedicated to offering exceptional choral and orchestral experiences for musicians between the ages of 8 and 18. Their mission is to create tailored programs that cater to the needs of these young musicians, fostering their growth and development in the realm of music. The organization aims to provide a nurturing environment where these musicians can hone their skills, collaborate with their peers, and expand their musical horizons. Ultimately, their goal is to empower the next generation of musicians, nurturing their passion and talent for music.
Official website here: www.myo.org
What is the revenue of The Metropolitan Youth Orchestra Society Of New York Inc?
The Metropolitan Youth Orchestra Society Of New York Inc's revenue in 2024 was $963,593.
Official website here: www.myo.org
Who are the executives of The Metropolitan Youth Orchestra Society Of New York Inc and what are their salaries?
The average compensation at The Metropolitan Youth Orchestra Society Of New York Inc during 2024 was $25,931. There are 6 employees and 20 volunteers at The Metropolitan Youth Orchestra Society Of New York Inc.
Here are 10 key members and their salaries:
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Official website here: www.myo.org
Where can I find the form 990 for The Metropolitan Youth Orchestra Society Of New York Inc?
The Metropolitan Youth Orchestra Society Of New York Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.myo.org
Learn more at the official website: www.myo.org
Mission Statement of The Metropolitan Youth Orchestra Society Of New York Inc
The Metropolitan Youth Orchestra Society of New York is dedicated to offering exceptional choral and orchestral experiences for musicians between the ages of 8 and 18. This nonprofit organization tailors its programs to cater to the unique needs of these young musicians, providing them with ample opportunities to hone their skills and showcase their talents. By committing to this mission, The Metropolitan Youth Orchestra Society of New York aims to foster a love for music and nurture the next generation of talented musicians.
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Impact
July, 2024
The Metropolitan Youth Orchestra Society Of New York Inc's impact is evident in the way it provides exceptional choral and orchestral opportunities for young musicians aged 8-18. Through its tailored programs, the organization nurtures talent, fosters a love for music, and helps young individuals develop their skills in a supportive environment. By offering these opportunities, The Metropolitan Youth Orchestra Society Of New York Inc contributes to the cultural enrichment of the community and helps shape the next generation of musicians.
This information is meant to be a general summary of The Metropolitan Youth Orchestra Society Of New York 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: $5
- Program Service Revenue: $959,449
- Gross Receipts: $963,593
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
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