Overview
What is Young Musicians & Artists Inc?
Young Musicians & Artists Inc, or YMA, is a nonprofit organization that prioritizes offering young individuals a distinctive, self-empowering journey in both the visual and performing arts. Their mission is to foster a constructive environment where young people can connect over shared artistic passions, thereby boosting self-assurance, elevating self-esteem, and strengthening a sense of community. YMA's activities are centered around providing a unique and enriching experience for the youth.
Official website here: www.ymainc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
Young Musicians & Artists Inc has received a 73% rating from Charity Navigator, indicating moderate performance in accountability and finance. The organization showcases a strong governance structure with 100% of its board members being independent, which is crucial for transparency. It also exhibits solid financial health, with a low liabilities to assets ratio and a high program expense ratio of over 90%, reflecting a commitment to its mission.
However, there are notable limitations in its policies, such as the absence of a whistleblower policy and a document retention and destruction policy, which are essential for maintaining accountability. These gaps in governance may raise concerns among potential donors and stakeholders about the organization's operational transparency.
User feedback on platforms like Great Nonprofits highlights the positive impact of Young Musicians & Artists Inc, with volunteers praising it as an excellent music and arts camp. One review specifically commended the organization for fostering future arts patrons, illustrating its role in promoting the arts among youth. This combination of strong programmatic focus and areas for improvement in governance presents a mixed but ultimately promising picture of the organization.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Young Musicians & Artists Inc legitimate?
Young Musicians & Artists Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Young Musicians & Artists 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: $90,841
Professional Fundraising Fees: $0
Other Salaries and Wages: $21,933
For more financial information, click here
Official website here: www.ymainc.org
What is the mission statement of Young Musicians & Artists Inc?
Young Musicians & Artists Inc's mission is centered around offering a distinctive experiential learning journey in the realm of visual and performing arts for young individuals. This mission involves creating a conducive environment where these young people can engage in shared artistic interests, thereby fostering confidence, boosting self-esteem, and strengthening a sense of community among them.
Official website here: www.ymainc.org
Who is the CEO of Young Musicians & Artists Inc?
Kate Andries is the Executive Director of Young Musicians & Artists Inc.
Official website here: www.ymainc.org
What is the revenue of Young Musicians & Artists Inc?
Young Musicians & Artists Inc's revenue in 2023 was $741,377.
Official website here: www.ymainc.org
Who are the executives of Young Musicians & Artists Inc and what are their salaries?
The average compensation at Young Musicians & Artists Inc during 2023 was $12,530. There are 9 employees at Young Musicians & Artists Inc.
Here are 11 key members and their salaries:
- Compensation: $71,680
- Related: $0
- Other: $4,064
- Compensation: $26,760
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
Official website here: www.ymainc.org
Where can I find the form 990 for Young Musicians & Artists Inc?
Young Musicians & Artists Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ymainc.org
Learn more at the official website: www.ymainc.org
Mission Statement of Young Musicians & Artists Inc
Young Musicians & Artists Inc, a nonprofit organization, is committed to offering a distinctive and enriching experience in the realm of visual and performing arts for young individuals. By fostering a positive environment, the organization allows these young people to engage in shared creative interests, thereby boosting their confidence, enhancing their self-esteem, and reinforcing a sense of community among them. This mission of YMA aims to provide a platform where young talents can flourish, cultivating a sense of camaraderie and mutual support.
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Impact
July, 2024
Young Musicians & Artists Inc's impact is significant in providing young people with a unique personal experience in the visual and performing arts. By offering a supportive environment where creative interests are shared, the organization helps build confidence, enhance self-esteem, and reinforce a sense of community among its participants. This positive impact on youth development in the arts is crucial in fostering creativity and personal growth among the next generation of artists and performers.
This information is meant to be a general summary of Young Musicians & Artists 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: $12,063
- Program Service Revenue: $606,070
- Gross Receipts: $741,377
Assets and Liabilities:
- Total Assets: $950,673
- Total Liabilities: $4,310
- Net Assets: $946,363
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$606,070
Organization Details
Founding Year
1965
Phone
(503) 281-9528Principal Officer
Kate Andries
Main Address
PO BOX 9128, PORTLAND, OR, 97207
Website
www.ymainc.orgNTEE Category
Code: O20Z - Youth development
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