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New York International Youth Philharmonic Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 474725173 ✦ Williston park, NY ✦ Designated as a 501(c)(3)

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Overview

What is New York International Youth Philharmonic Inc?

New York International Youth Philharmonic Inc is a nonprofit organization located at 19 SMITH PL, Williston Park, NY 11596. Their primary focus is to provide musical training and sponsor performances and concerts. They aim to foster harmony and unity among youth through music, conducting concerts in various public venues such as schools, parks, libraries, and senior homes. Additionally, they offer in-house and virtual musical instrument teaching classes to nurture the musical talents of younger generations.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating.

The New York International Youth Philharmonic Inc has received a moderate rating of 73%, indicating a need for improvement in some accountability and financial practices. While the organization excels in areas like having a fully independent board and a strong program expense ratio, it lacks essential policies such as a conflict of interest policy, whistleblower policy, and document retention policy, which are crucial for governance transparency.

Strengths include a robust structure with all board members being independent and a good balance between liabilities and assets. The documentation of board meeting minutes is also well-maintained. However, the absence of several critical governance policies could raise concerns among potential donors about the organization's operational integrity and accountability. The overall rating reflects these mixed strengths and weaknesses, highlighting the importance of implementing the missing policies to enhance trust and reliability.


This AI summary has been generated from information found on Charity Navigator.

Is New York International Youth Philharmonic Inc legitimate?

New York International Youth Philharmonic Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York International Youth Philharmonic 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

What is the mission statement of New York International Youth Philharmonic Inc?

The New York International Youth Philharmonic Inc is dedicated to providing musical training and sponsoring performances and concerts to foster harmony and unity among the youth community. They achieve this by organizing philharmonic concerts for various audiences, including children, seniors, and the general public. Additionally, they offer in-house or virtual musical instrument teaching classes for the younger generation, preparing and conducting public concerts in schools, parks, libraries, and senior homes. The primary objective of these activities is to promote concord and harmony through the power of music among the youth societal group.

Who is the CEO of New York International Youth Philharmonic Inc?

Kelly Yu is the President of New York International Youth Philharmonic Inc.

What is the revenue of New York International Youth Philharmonic Inc?

New York International Youth Philharmonic Inc's revenue in 2022 was $910,497.

Who are the executives of New York International Youth Philharmonic Inc and what are their salaries?


Here are 3 key members and their salaries:


Kelly Yu (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yijin Yu (Treasury)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zhiliang Yu (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for New York International Youth Philharmonic Inc?

New York International Youth Philharmonic Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of New York International Youth Philharmonic Inc

New York International Youth Philharmonic Inc is committed to providing musical training and sponsoring musical performances and concerts with the aim of fostering harmony and unity among the youth through their social interactions. The organization achieves this mission by hosting philharmonic concerts, catering to various audiences such as children, seniors, and the general public. Moreover, they offer in-house or virtual musical instrument teaching classes to the younger generation, empowering them with the necessary skills to participate in public performances. The Philharmonic also extends its reach into schools, parks, libraries, and senior homes, conducting concerts for the youth, thereby promoting music as a unifying force.

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Impact




July, 2024

New York International Youth Philharmonic Inc's impact lies in providing musical training and sponsoring performances and concerts to promote harmony and unity among the youth. Through their philharmonic concerts at various venues including the Chinese Christian Herald Crusades for Children and senior homes, they have brought the joy of music to diverse audiences. By offering in-house and virtual musical instrument teaching classes to young generations, they are nurturing talent and spreading the love of music. Additionally, their outreach efforts in public schools, parks, libraries, and senior homes are enriching the lives of youths through musical experiences.




This information is meant to be a general summary of New York International Youth Philharmonic 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.

Revenue
$910,497 (2022)
Expenses
$732,552 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $910,497
  • Gross Receipts: $910,497

Assets and Liabilities:

  • Total Assets: $533,590
  • Total Liabilities: $0
  • Net Assets: $533,590

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MUSIC CLASS RECEIPTS

Revenue

$910,497

Organization Details

Founding Year

2015

Principal Officer

Kelly Yu

Main Address

19 SMITH PL, WILLISTON PARK, NY, 11596

NTEE Category

Code: B84 - Education

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