Overview
What is Bay Youth Orchestras Of Virginia?
Bay Youth Orchestras of Virginia is a nonprofit organization dedicated to nurturing the talents of over 250 young musicians. Through regular rehearsals and performances in local concert halls, the organization offers professional training to these musicians, providing them with invaluable experience and growth opportunities. The mission of Bay Youth Orchestras of Virginia is to equip these young musically inclined individuals with the necessary skills, ultimately staging over 10 performances annually.
Official website here: www.bayyouth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
Bay Youth Orchestras of Virginia has received an overall rating of 83%, indicating a strong performance in the realm of accountability and finance. This score is entirely based on a single beacon focused on financial practices, showcasing the organization’s commitment to transparency and responsible financial management.
The organization excels in several key areas, with perfect scores for having a majority of independent board members, an appropriately sized independent board, and no material diversion of assets. Additionally, it maintains a strong program expense ratio, dedicating over 85% of its expenses to its programs, which demonstrates a clear focus on fulfilling its mission to support youth orchestras.
However, there are notable limitations in their governance practices, as the organization lacks a whistleblower policy and a document retention policy, which could enhance accountability. While the absence of these policies does not seem to have affected their operations adversely, addressing these gaps could further strengthen their governance framework and improve confidence among stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Bay Youth Orchestras Of Virginia legitimate?
Bay Youth Orchestras Of Virginia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Youth Orchestras Of Virginia 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: $36,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $53,964
For more financial information, click here
Official website here: www.bayyouth.org
What is the mission statement of Bay Youth Orchestras Of Virginia?
Bay Youth Orchestras of Virginia's mission is centered around providing comprehensive training to over 250 young musicians. This is accomplished through the rehearsals of four performing orchestras, which take place over 120 times. These rehearsals lead to more than ten public performances in local concert halls. The organization's primary goal is to foster the professional development of these young musicians.
Official website here: www.bayyouth.org
Who is the CEO of Bay Youth Orchestras Of Virginia?
Elizabeth A Richards is the Executive Director of Bay Youth Orchestras Of Virginia.
Official website here: www.bayyouth.org
What is the revenue of Bay Youth Orchestras Of Virginia?
Bay Youth Orchestras Of Virginia's revenue in 2022 was $159,912.
Official website here: www.bayyouth.org
Who are the executives of Bay Youth Orchestras Of Virginia and what are their salaries?
The average compensation at Bay Youth Orchestras Of Virginia during 2022 was $11,346. There are 8 employees and 100 volunteers at Bay Youth Orchestras Of Virginia.
Here are 12 key members and their salaries:
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Official website here: www.bayyouth.org
Where can I find the form 990 for Bay Youth Orchestras Of Virginia?
Bay Youth Orchestras Of Virginia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.bayyouth.org
Learn more at the official website: www.bayyouth.org
Mission Statement of Bay Youth Orchestras Of Virginia
Bay Youth Orchestras of Virginia is dedicated to offering comprehensive training to over 250 young musicians. Through their 4 performing Orchestras, they provide these aspiring musicians with ample opportunities to rehearse over 120 times and showcase their talents in more than 10 performances held in various local concert halls. The primary objective of Bay Youth Orchestras of Virginia is to nurture the skills and talents of these young musicians, aiming to equip them with a professional foundation in music.
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Impact
October, 2024
Bay Youth Orchestras of Virginia enhances the musical education of over 250 young musicians, offering them professional training through four dedicated orchestras. With more than 120 rehearsals and over 10 performances in local concert halls each season, it provides valuable opportunities for artistic growth and performance experience. This program not only cultivates musical talent but also fosters teamwork, discipline, and a strong sense of community among young musicians in Norfolk, VA. Through its commitment to high-quality training and performance, Bay Youth Orchestras significantly enriches the cultural landscape and helps shape the next generation of artists.
This information is meant to be a general summary of Bay Youth Orchestras Of Virginia. 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: $1
- Program Service Revenue: $105,414
- Gross Receipts: $160,386
Assets and Liabilities:
- Total Assets: $25,069
- Total Liabilities: $4,179
- Net Assets: $20,890
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$98,376
TICKET SALES
Revenue
$6,188
ADVERTISING INCOME
Revenue
$580
AUDITION FEES
Revenue
$270
Organization Details
Founding Year
1996
Principal Officer
Elizabeth A Richards
Main Address
PO BOX 10897, NORFOLK, VA, 23513
Website
www.bayyouth.orgNTEE Category
Code: A680 - Arts
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