Overview
What is Youth America Grand Prix Inc?
Youth America Grand Prix Inc, based in New York, New York, is a dedicated nonprofit organization that supports and nurtures promising dancers aged 9 to 19, regardless of their backgrounds. Through workshops, scholarship auditions, master classes, and audition classes, YAGP annually reaches over 12,000 dance students in 25 U.S. cities and 8 international locations. The organization culminates each season with the week-long New York Finals, providing in-depth mentoring and greater scholarship, professional, and performance opportunities to over 1,200 talented dancers. YAGP serves as a global network of dance, connecting students, teachers, schools, dance companies, dancers, and audiences, thereby promoting dance education and performance opportunities worldwide. The organization currently employs 14 individuals.
Official website here: www.yagp.org
What are the reviews and ratings of this charity?
Charity Navigator rates Youth America Grand Prix Inc with a Four-Star out of Four Star rating, reflecting a score of 92%. This high rating indicates a strong performance in accountability and financial health, where the organization exhibits transparency and effective management of funds.
The nonprofit boasts an exceptional governance structure, with 100% of its board members being independent and a well-sized board of 13 members. Its financial practices are robust, featuring a low liabilities-to-assets ratio of 1.83%, which speaks to its financial stability. Additionally, the organization has implemented comprehensive policies regarding conflicts of interest, whistleblower protections, and maintains thorough documentation of board meeting minutes.
Despite the positive attributes, no significant limitations are noted in the available data. The organization allocates 70.17% of its expenses to programs, indicating a strong focus on its mission. Overall, Youth America Grand Prix Inc demonstrates a commendable commitment to accountability and effective use of resources.
This AI summary has been generated from information found on Charity Navigator.
Is Youth America Grand Prix Inc legitimate?
Youth America Grand Prix Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youth America Grand Prix 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: $149,570
Professional Fundraising Fees: $34,562
Other Salaries and Wages: $499,265
For more financial information, click here
Official website here: www.yagp.org
What is the mission statement of Youth America Grand Prix Inc?
Youth America Grand Prix Inc's mission is to foster and nurture talented dancers, aged 9 to 19, from diverse backgrounds by offering scholarship auditions, performance, and educational opportunities. The organization serves as a global network for dance, connecting students, teachers, schools, dance companies, dancers, and audiences. By doing so, it aims to support and develop these dancers, providing them with a platform to showcase their skills and secure future opportunities in the dance world. Each year, YAGP reaches over 12,000 dance students through workshops, auditions, masterclasses, and audition classes in various U.S. cities and international locations. The annual New York Finals offer intensive mentoring and significant scholarship, professional, and performance opportunities to over 1,200 promising dancers. The event's closing night, "Stars of Today Meet the Stars of Tomorrow" gala, features the most promising students alongside stars of leading dance companies.
Official website here: www.yagp.org
Who is the CEO of Youth America Grand Prix Inc?
Richard Osterweil is the Founder/Artistic Director of Youth America Grand Prix Inc.
Official website here: www.yagp.org
What is the revenue of Youth America Grand Prix Inc?
Youth America Grand Prix Inc's revenue in 2022 was $5,148,800.
Official website here: www.yagp.org
Who are the executives of Youth America Grand Prix Inc and what are their salaries?
The average compensation at Youth America Grand Prix Inc during 2022 was $46,345. There are 14 employees and 21 volunteers at Youth America Grand Prix Inc.
Here are 18 key members and their salaries:
- Compensation: $131,227
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- Other: $24,570
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Official website here: www.yagp.org
Where can I find the form 990 for Youth America Grand Prix Inc?
Youth America Grand Prix Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.yagp.org
Learn more at the official website: www.yagp.org
Mission Statement of Youth America Grand Prix Inc
Youth America Grand Prix Inc, a renowned organization, is dedicated to nurturing and fostering world-class dancers between the ages of 9 and 19, hailing from diverse economic, ethnic, and geographic backgrounds. Its mission is multifaceted, encompassing providing scholarship auditions, performance, and educational opportunities, as well as serving as a global network for dance. By connecting students, teachers, schools, dance companies, dancers, and audiences, YAGP aims to create a comprehensive ecosystem that supports the growth and development of young dancers. The organization's mission is to equip these young talents with the necessary tools and exposure to further their careers in the dance world.
YAGP achieves its mission through various means. Annually, it reaches over 12,000 dance students by organizing workshops, scholarship auditions, master classes, and audition classes in 25 U.S. cities and 8 international locations. The organization's culminating event is the week-long New York Finals, where over 1,200 of the world's most promising dancers receive intensive mentoring, scholarships, professional, and performance opportunities. The closing night gala, titled "Stars of Today Meet the Stars of Tomorrow," showcases these talented students alongside the stars of today's leading dance companies. Through these initiatives, YAGP plays a pivotal role in supporting and developing the next generation of world-class dancers.
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Impact
October, 2024
Youth America Grand Prix Inc significantly impacts the dance community by fostering talent among aspiring dancers aged 9-19 from diverse backgrounds. Each year, it reaches over 12,000 students through a variety of programs that include workshops, scholarship auditions, master classes, and audition classes across 25 U.S. cities and eight international locations.
The culmination of this effort is the week-long New York Finals, where over 1,200 of the most promising young dancers receive essential mentorship and opportunities to advance their careers. This prestigious event not only provides scholarships but also facilitates connections with leading dance professionals. The closing gala, "Stars of Today Meet the Stars of Tomorrow," highlights the achievements of emerging talent alongside established stars, celebrating the potential of future generations in the dance world.
By serving as a global network for students, teachers, schools, and dance companies, Youth America Grand Prix Inc creates an inclusive environment that encourages artistic growth and professional development. Its initiatives bridge cultural and economic gaps, ensuring that passionate young dancers have access to the resources and opportunities necessary to thrive in the competitive field of dance.
This information is meant to be a general summary of Youth America Grand Prix 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 2022.
- Investment Income: $5,961
- Program Service Revenue: $3,825,857
- Gross Receipts: $5,341,448
Assets and Liabilities:
- Total Assets: $3,021,987
- Total Liabilities: $150,017
- Net Assets: $2,871,970
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGIONAL EVENTS
Revenue
$3,815,796
LICENSING INCOME
Revenue
$10,000
OTHER REGIONAL INCOME
Revenue
$61
Organization Details
Founding Year
2000
Phone
(201) 444-3121Principal Officer
Richard Osterweil
Main Address
121 WEST 36TH STREET 309, NEW YORK, NY, 10018
Website
www.yagp.orgNTEE Category
Code: A63 - Arts
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