Metropolitan Youth Orchestras Ofcentral Alabama
- Assets
- $170.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Birmingham, AL
- Founding
- 04/2008
- Data as of
- 05/2023
- EIN
- 26-0363083
Organization Overview
Metropolitan Youth Orchestras Ofcentral Alabama is located in Birmingham, AL. The organization was established in 2008. According to its NTEE Classification (A69) the organization is classified as: Symphony Orchestras, 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. Metropolitan Youth Orchestras Ofcentral Alabama 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 05/2023, Metropolitan Youth Orchestras Ofcentral Alabama generated $101.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $97.7k during the year ending 05/2023. While expenses have increased by 3.9% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION BENEFITS APPROX 300 BIRMINGHAM INNERCITY CHILDREN BY PROVIDING LOW/NO COST MUSICAL INSTRUMENTS AND LESSONS GIVEN BY MUSIC PROFESSIONALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas Orcutt Chair | 5 | $0 | |
Molly Goforth Board Member | 5 | $0 | |
Henry Coleman Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,281 |
| Total Program Service Revenue | $13,429 |
| Membership dues | $0 |
| Investment income | $4,980 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,471 |
| Other Revenue | $13,279 |
| Total Revenue | $101,440 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,866 |
| Professional fees and other payments to independent contractors | $48,874 |
| Occupancy, rent, utilities, and maintenance | $9,256 |
| Printing, publications, postage, and shipping | $468 |
| Other expenses | $16,209 |
| Total expenses | $97,673 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,492 |
| Other assets | $0 |
| Total assets | $170,055 |
| Total liabilities | $13,393 |
| Net assets or fund balances | $156,662 |