South Bend Youth Symphony Orchestras Inc is located in South Bend, IN. The organization was established in 2000. 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. South Bend Youth Symphony Orchestras 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 06/2024, South Bend Youth Symphony Orchestras Inc generated $178.1k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $194.7k during the year ending 06/2024. While expenses have increased by 11.6% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
TO FOSTER THE ARTISTIC DEVELOPMENT OF TALENTED, MOTIVATED YOUNG MUSICIANS BY PROVIDING REWARDING AND CHALLENGING ORCHESTRAL EXPERIENCES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lyle Hardman President | 0.5 | $0 | |
Dani Edson Vice President | 0.25 | $0 | |
Francie Schmuhl Secretary | 0.25 | $0 | |
Beth Gudeman Board Of Director Member | 1.25 | $0 | |
Greg Giczi Board Of Director Member | 0.25 | $0 | |
Andy Gould Board Of Director Member | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $96,344 |
| Total Program Service Revenue | $43,111 |
| Membership dues | $0 |
| Investment income | $23,296 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,812 |
| Other Revenue | $550 |
| Total Revenue | $178,113 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $160,798 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $533 |
| Other expenses | $24,779 |
| Total expenses | $194,658 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $17,003 |
| Other assets | $0 |
| Total assets | $24,360 |
| Total liabilities | $41,300 |
| Net assets or fund balances | -$16,940 |