Overview
What is New York Youth Symphony Inc?
New York Youth Symphony Inc is a nonprofit organization situated in the heart of New York City, specifically at 110 W 40TH STREET 505, New York, NY 10018. Their primary mission is to educate and inspire young musicians, catering to individuals aged 12 to 22. They provide advanced training in classical music, fostering the skills of approximately 260 experienced musicians. Beyond this, the symphony offers four full-orchestra performances as part of their program, with a total of 110 members participating. The organization's activities are centered around providing exceptional ensemble training and performance opportunities, aiming to nurture the talents of the next generation of musicians.
Official website here: www.nyyouthsymphony.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
New York Youth Symphony Inc has achieved a high rating of 96% based on its accountability and finance practices, earning it a prestigious Four-Star rating. This score reflects the organization's strong emphasis on transparency and responsible financial management, which is primarily assessed through various beacons related to governance and operational integrity.
The organization boasts 100% independent board members, ensuring ethical oversight and decision-making. Its fiscal responsibility is further demonstrated by a program expense ratio of 71.72%, indicating that a significant portion of its resources is directed towards its mission-driven programs. Additionally, the absence of any material diversion of assets highlights the integrity of its financial practices.
While the rating showcases many strengths, it does not provide insight into the organization's programmatic impact or community engagement, which are also vital aspects for assessing nonprofit effectiveness. Overall, New York Youth Symphony Inc stands out for its strong governance and financial health, making it a reliable choice for donors seeking to support youth music education initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is New York Youth Symphony Inc legitimate?
New York Youth Symphony Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Youth Symphony 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: $220,692
Professional Fundraising Fees: $166,000
Other Salaries and Wages: $585,426
For more financial information, click here
Official website here: www.nyyouthsymphony.org
What is the mission statement of New York Youth Symphony Inc?
The New York Youth Symphony Inc's mission is centered around educating and inspiring young musicians. Through exceptional ensemble training and performance opportunities, they strive to foster their growth. This organization provides advanced training in classical music to around 260 skilled musicians, ranging from ages 12 to 22. By offering them various performance chances, New York Youth Symphony Inc aims to nurture the talents of these young musicians, fostering their musical development and artistic growth.
Official website here: www.nyyouthsymphony.org
Who is the CEO of New York Youth Symphony Inc?
William A Kapell is the President of New York Youth Symphony Inc.
Official website here: www.nyyouthsymphony.org
What is the revenue of New York Youth Symphony Inc?
New York Youth Symphony Inc's revenue in 2023 was $1,757,142.
Official website here: www.nyyouthsymphony.org
Who are the executives of New York Youth Symphony Inc and what are their salaries?
The average compensation at New York Youth Symphony Inc during 2023 was $40,306. There are 20 employees at New York Youth Symphony Inc.
Here are 33 key members and their salaries:
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- Compensation: $208,145
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Official website here: www.nyyouthsymphony.org
Where can I find the form 990 for New York Youth Symphony Inc?
New York Youth Symphony Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nyyouthsymphony.org
Learn more at the official website: www.nyyouthsymphony.org
Mission Statement of New York Youth Symphony Inc
New York Youth Symphony Inc, a renowned organization, is committed to the mission of educating and inspiring young musicians through exceptional ensemble training and performance opportunities. By providing advanced training in classical music to 260 talented musicians aged between 12 and 22, the symphony aims to nurture their skills and foster their passion for music. This is achieved through a well-structured orchestra program, which includes four full orchestra performances, and boasts an impressive 110 members. The symphony's mission is not just about teaching music, but also about fostering a sense of camaraderie and teamwork among its young members, preparing them for future musical endeavors.
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Impact
October, 2024
New York Youth Symphony Inc significantly enhances the lives of young musicians aged 12-22 by providing advanced training in classical music. With a focus on education and inspiration, the organization operates a full orchestra program consisting of 110 members, facilitating four performances each year. This initiative not only hones the musical skills of its participants but also fosters a sense of collaboration and community among aspiring artists. By offering exceptional ensemble training and performance opportunities, it empowers these young musicians to reach their full potential and prepares them for future endeavors in the arts. The impact of New York Youth Symphony extends beyond music, nurturing personal growth, discipline, and a lifelong appreciation for the arts within the community.
This information is meant to be a general summary of New York Youth Symphony 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 2023.
- Investment Income: $212,844
- Program Service Revenue: $264,705
- Gross Receipts: $3,238,618
Assets and Liabilities:
- Total Assets: $9,408,616
- Total Liabilities: $1,416,016
- Net Assets: $7,992,600
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEE INCOME
Revenue
$187,616
TICKET SALES
Revenue
$77,089
Organization Details
Founding Year
1963
Phone
(212) 581-5933Principal Officer
William A Kapell
Main Address
110 W 40TH STREET 505, NEW YORK, NY, 10018
Website
www.nyyouthsymphony.orgNTEE Category
Code: A690 - Arts
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