Young Audiences Inc
- Assets
- $8.1m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/1953
- Data as of
- 06/2022
- EIN
- 13-1688246
Organization Overview
Young Audiences Inc is located in New York, NY. The organization was established in 1953. According to its NTEE Classification (A60) the organization is classified as: Performing Arts, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Audiences 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 06/2022, Young Audiences Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $2.1m during the year ending 06/2022. While expenses have increased by 0.5% per year over the past 7 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.
Since 2015, Young Audiences Inc has awarded 117 individual grants totaling $2,030,227. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO INSPIRE YOUNG PEOPLE AND EXPAND THEIR LEARNING THROUGH THE ARTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ARTS IN EDUCATION PROGRAMS:WITH SUPPORT FROM THE US DEPARTMENT OF EDUCATION, THE NATIONAL ENDOWMENT FOR THE ARTS, AND THE HEARST FOUNDATION, YA EMBARKED ON TWO PROFESSIONAL LEARNING PROJECTS INTEGRATING STUDENT WELL BEING AND CULTURALLY SUSTAIN CURRICULUM FOR OVER 80 TEACHING ARTIST NATIONWIDE PARTNERING WITH 21 YA AFFILIATES.
AFFILIATE SERVICES:IN FY22, YA NATIONAL AND AFFILIATE ORGANIZATIONS CONTINUED TO IMPLEMENT A NETWORK WIDE PLAN FOR IMPROVING YOUNG AUDIENCES' CORE SERVICES AND PROGRAMS THROUGHOUT THE COUNTRY. IN DOING SO, YA PROGRAMS HAVE BECOME MORE STUDENT CENTERED, OUTCOME BASED AND MEASURABLY AFFECTIVE IN ORDER TO ENHANCE THE CREATIVE LEARNING AND LIFE SKILLS OF ALL CHILDREN AND YOUTH.
TEACHING ARTISTS CERTIFICATION:YOUNG AUDIENCES' PROFESSIONAL LEARNING SERIES PROVIDES TEACHING ARTISTS, YA PROGRAM STAFF, CLASSROOM TEACHERS, VOLUNTEERS, AND EXPERTS FROM THE FIELD OF ARTS EDUCATION THE OPPORTUNITY TO PARTICIPATE IN CONTENT-RICH, HIGH-QUALITY PROFESSIONAL DEVELOPMENT THAT EMPHASIZES BOTH ARTISTIC EXCELLENCE AND ACADEMIC RIGOR. BY OFFERING HIGH-LEVEL PROFESSIONAL DEVELOPMENT OPPORTUNITIES, ALL PARTICIPANTS RETURN TO THEIR COMMUNITIES BETTER EQUIPPED TO MEET THE SIGNIFICANT NEEDS OF PERSISTENTLY UNDER-SERVED COMMUNITIES, SCHOOLS, AND STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David A Dik National Executive Dir. | Officer | 50 | $390,280 |
Barbara Davis Asst. To The Executive Dir. | 40 | $100,799 | |
Nicole Fix Diirector Of Finance | Officer | 30 | $98,000 |
Nathan W Pearson Jr Chairman | OfficerTrustee | 1 | $0 |
Thomas R Berner Vice President | OfficerTrustee | 1 | $0 |
James H Gellert President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $727,724 |
| All other contributions, gifts, grants, and similar amounts not included above | $401,996 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,129,720 |
| Total Program Service Revenue | $432,644 |
| Investment income | $83,331 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $251,316 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,935,453 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $35,750 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $493,000 |
| Compensation of current officers, directors, key employees. | $74,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $394,837 |
| Pension plan accruals and contributions | $44,716 |
| Other employee benefits | $107,160 |
| Payroll taxes | $48,194 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $200 |
| Fees for services: Accounting | $20,955 |
| Fees for services: Lobbying | $23,940 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $45,267 |
| Fees for services: Other | $591,910 |
| Advertising and promotion | $14,885 |
| Office expenses | $55,554 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $135,356 |
| Travel | $15,345 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,692 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,518 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,123,589 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,205 |
| Savings and temporary cash investments | $17 |
| Pledges and grants receivable | $181,160 |
| Accounts receivable, net | $42,878 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $23,437 |
| Net Land, buildings, and equipment | $15,184 |
| Investments—publicly traded securities | $6,485,585 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,342,438 |
| Total assets | $8,115,904 |
| Accounts payable and accrued expenses | $290,605 |
| Grants payable | $30,000 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $794,187 |
| Total liabilities | $1,114,792 |
| Net assets without donor restrictions | $718,790 |
| Net assets with donor restrictions | $6,282,322 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,115,904 |
Grants Awarded
Over the last fiscal year, Young Audiences Inc has awarded $35,750 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
New Orleans, LA PURPOSE: ADF FY22 GRANT | $15,000 |
Baltimore, MD PURPOSE: ADF FY22 GRANT | $13,500 |
New York, NY PURPOSE: ADF FY22 GRANT | $7,250 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that Young Audiences Inc has recieved totaling $268,418.
| Awarding Organization | Amount |
|---|---|
William Randolph Hearst Foundation New York, NY PURPOSE: SUPPORT FOR ONGOING OPERATIONS | $100,000 |
Greenberg Foundation Equinunk, PA PURPOSE: TO FURTHER DONEE'S EXEMPT PURPOSES | $50,000 |
Fjc New York, NY PURPOSE: UNRESTRICTED GENERAL SUPPORT | $30,000 |
Louis D Srybnik Foundation Inc New York, NY PURPOSE: NATIONAL ART AND EDUCATION PROGRAM FOR LOW INCOME SCHOOL DISTRICTS AND FOR STUDENTS WITH SPECIAL NEEDS LEARNING DISABILITIES AND SECOND LANGUAGE STUDENTS. | $25,000 |
Arnhold Foundation Inc New York, NY PURPOSE: GENERAL FUND | $25,000 |
Pro Bono Publico Foundation New Orleans, LA PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
Endowment Analysis
| Beg. Balance | $7,218,276 |
| Earnings | -$470,403 |
| Net Contributions | $5,000 |
| Other Expense | $473,232 |
| Ending Balance | $6,279,641 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
South Street Theater Co Inc Morristown, NJ | $25,009,095 | $16,372,684 |
Bric Arts Media Bklyn Inc Brooklyn, NY | $22,086,824 | $12,315,164 |
The Apollo Theater Foundation Inc New York, NY | $69,978,827 | $33,324,849 |
New Haven Center For Performing Arts Inc Waterbury, CT | $12,801,705 | $9,109,828 |
Performing Arts Consultants Inc Brick, NJ | $2,328,922 | $7,486,685 |
Shen Yun Performing Arts Inc Cuddebackville, NY | $196,627,077 | $30,836,971 |
Foundation For Contemporary Arts Inc New York, NY | $44,020,214 | $7,582,108 |
National Comedy Center Operator Inc Jamestown, NY | $24,581,570 | $2,926,105 |
World Trade Center Performing Arts Center Inc New York, NY | $505,865,812 | $148,493,145 |
Associated Production Services Inc Trevose, PA | $3,216,743 | $4,781,597 |
The Mattress Factory Pittsburgh, PA | $6,739,687 | $2,768,754 |
Rosies Theater Kids Inc New York, NY | $7,813,636 | $2,330,340 |