Berks Youth Chorus Inc
- Assets
- $258.0k
- Revenue
- $191.7k
- Investments
- $159.2k
- Employees
- 4
- Location
- Reading, PA
- Founding
- 02/1993
- Data as of
- 06/2023
- EIN
- 23-2684036
Organization Overview
Berks Youth Chorus Inc is located in Reading, PA. The organization was established in 1993. According to its NTEE Classification (A6B) the organization is classified as: Singing & Choral Groups, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 06/2023, Berks Youth Chorus Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berks Youth Chorus 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, Berks Youth Chorus Inc generated $191.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $139.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER AND ADVANCE CHORAL EXCELLENCE IN THE YOUTH OF OUR LOCAL COMMUNITY THROUGH MUSIC EDUCATION AND THE OPPORTUNITY TO PERFORM BEFORE LIVE AUDIENCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CHILDREN BETWEEN THE AGES OF 8 AND 18 TRAINING IN THE VOCAL ARTS AND A GENERAL MUSIC EDUCATION. DURING THE PAST YEAR OVER 100 LOCAL CHILDREN PARTICIPATED IN THIS PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katurah H Sotzin Director | Trustee | 1 | $0 |
Mark Merolla Director | Trustee | 1 | $0 |
Derrick Thompson Director | Trustee | 1 | $0 |
Liz Toigo Director | Trustee | 1 | $0 |
William Cotter President | Officer | 3 | $0 |
Jeanette Fotis Vice President | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $161,834 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $161,834 |
| Total Program Service Revenue | $24,226 |
| Investment income | $3,156 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $263 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $191,720 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $39,504 |
| Compensation of current officers, directors, key employees. | $13,168 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $49,914 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,807 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,883 |
| Advertising and promotion | $3,170 |
| Office expenses | $2,503 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,922 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $527 |
| Insurance | $4,151 |
| All other expenses | $5,506 |
| Total functional expenses | $139,467 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,213 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $69,302 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $796 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $159,195 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,448 |
| Total assets | $257,954 |
| Accounts payable and accrued expenses | $3,550 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $3,550 |
| Net assets without donor restrictions | $232,644 |
| Net assets with donor restrictions | $21,760 |
| 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 | $257,954 |