Youth Orchestras Of Charlotte Inc
- Assets
- $175.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 4
- Location
- Charlotte, NC
- Founding
- 02/2006
- Data as of
- 06/2023
- EIN
- 20-3246375
Organization Overview
Youth Orchestras Of Charlotte Inc is located in Charlotte, NC. The organization was established in 2006. 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 06/2023, Youth Orchestras Of Charlotte Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Youth Orchestras Of Charlotte 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 06/2023, Youth Orchestras Of Charlotte Inc generated $193.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $206.2k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
YOUTH ORCHESTRAS OF CHARLOTTE - WE HAVE 4 ENSEMBLES. EACH ENSEMBLE REHEARSES WEEKLY FROM SEPT THROUGH MAY AND PERFORM 5 - 7 CONCERTS. THE ENSEMBLES RECEIVE COACHING FROM PROFESSIONAL MUSICIANS VIA SMALL GROUP INSTRUCTION A FEW TIMES A YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rachel Cook Past President | 2 | $0 | |
Adam Bloom Vice President | 5 | $0 | |
Kenneth Jackson President | 10 | $0 | |
Yelena Moshkovsky Treasurer | 5 | $0 | |
Christine Rydel Executive Dir. | 40 | $40,150 | |
Beth Garges At Large | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,098 |
| Total Program Service Revenue | $143,806 |
| Membership dues | $0 |
| Investment income | $25 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,683 |
| Total Revenue | $192,983 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $96,572 |
| Professional fees and other payments to independent contractors | $27,036 |
| Occupancy, rent, utilities, and maintenance | $17,255 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $65,360 |
| Total expenses | $206,223 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $161,131 |
| Other assets | $0 |
| Total assets | $175,284 |
| Total liabilities | $3,880 |
| Net assets or fund balances | $171,404 |