Boston Youth Symphony Orchestra Inc

Organization Overview

Boston Youth Symphony Orchestra Inc is located in Boston, MA. The organization was established in 1983. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2021, Boston Youth Symphony Orchestra Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boston Youth Symphony Orchestra Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Boston Youth Symphony Orchestra Inc generated $6.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $2.8m during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENCOURAGE MUSICAL EXCELLENCE IN A PROFESSIONAL AND SUPPORTIVE ENVIRONMENT BY PROVIDING THE HIGHEST QUALITY ORCHESTRA TRAINING AND PERFORMANCE OPPORTUNITIES TO QUALIFIED MUSICIANS, GRADES K-12, AND MAKING ITS PROGRAMS ACCESSIBLE TO UNDERSERVED COMMUNITIES THROUGH FINANCIAL ASSISTANCE AND OUTREACH.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ORCHESTRA OPERATIONS - TO SUPPORT THE PROGRAMMATIC WORK OF ALL THE ORCHESTRAS.


CONCERT PRODUCTIONS - TO PROVIDE LOGISTICAL SUPPORT TO THE ORCHESTRAS AT BOSTON UNIVERSITY AND OUTSIDE CONCERT VENUES.


MARKETING - TO MARKET THE ORCHESTRAS AND TO SELL TICKETS TO PATRONS


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$222,082
Related organizations$0
Government grants $394,655
All other contributions, gifts, grants, and similar amounts not included above$4,072,010
Noncash contributions included in lines 1a–1f $19,742
Total Revenue from Contributions, Gifts, Grants & Similar$4,688,747
Total Program Service Revenue$1,242,609
Investment income $54,214
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,618
Net Income from Fundraising Events $10,996
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $1,328
Miscellaneous Revenue$0
Total Revenue $5,999,512

Grants Recieved

Over the last fiscal year, we have identified 27 grants that Boston Youth Symphony Orchestra Inc has recieved totaling $5,104,828.

Awarding OrganizationAmount
Tenacre Foundation

Princeton, NJ

PURPOSE: GENERAL SUPPORT

$2,776,473
Tenacre Foundation

Princeton, NJ

PURPOSE: GENERAL SUPPORT

$1,223,527
Klarman Family Foundation

Boston, MA

PURPOSE: MUSIC PATHWAYS FOR YOUTH: TO SUPPORT THE INTENSIVE COMMUNITY PROGRAM FOR FISCAL YEARS 2022, 2023, AND 2024

$250,000
K M D Foundation

Boca Raton, FL

PURPOSE: SUPPORT FOR TANGLEWOOD LEARNING INST

$215,128
Linde Family Foundation

Boston, MA

PURPOSE: GENERAL OPERATIONS

$150,000
Klarman Family Foundation

Boston, MA

PURPOSE: MUSIC PATHWAYS FOR YOUTH: TO SUPPORT THE INTENSIVE COMMUNITY PROGRAM FOR FISCAL YEARS 2022, 2023, AND 2024

$125,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$672,621
Earnings$48,057
Ending Balance$720,678

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