Northeast Massachusetts Youth Orchestras Inc
- Assets
- $144.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ipswich, MA
- Founding
- 02/2012
- Data as of
- 06/2022
- EIN
- 45-1829730
Organization Overview
Northeast Massachusetts Youth Orchestras Inc is located in Ipswich, MA. The organization was established in 2012. 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. Northeast Massachusetts Youth 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 06/2022, Northeast Massachusetts Youth Orchestras Inc generated $175.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $153.0k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
SUPPORT OF MUSIC EDUCATION PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Ginsburg President & Director | 4 | $0 | |
Caroline Odden Clerk & Director | 1 | $0 | |
Lynne Ellis Director | 1 | $0 | |
Lisa Amanda Minkkinen Novack Treasurer & Director | 1 | $0 | |
Michelle Boyle Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $55,752 |
| Total Program Service Revenue | $96,571 |
| Membership dues | $0 |
| Investment income | $583 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $2,550 |
| Other Revenue | $20,026 |
| Total Revenue | $175,482 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $69,516 |
| Professional fees and other payments to independent contractors | $56,149 |
| Occupancy, rent, utilities, and maintenance | $5,363 |
| Printing, publications, postage, and shipping | $600 |
| Other expenses | $21,338 |
| Total expenses | $152,966 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,491 |
| Other assets | $0 |
| Total assets | $144,184 |
| Total liabilities | $30,788 |
| Net assets or fund balances | $113,396 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Northeast Massachusetts Youth Orchestras Inc has recieved totaling $2,625.
| Awarding Organization | Amount |
|---|---|
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $2,500 |
Henke Family Foundation Inc Bremen, IN PURPOSE: GENERAL SUPPORT | $125 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Boston Symphony Orchestra Inc Boston, MA | $745,262,219 | $89,872,398 |
Philharmonic-Symphony Society Of New York Inc New York, NY | $534,569,080 | $138,634,882 |
Buffalo Philharmonic Orchestra Society Inc Buffalo, NY | $15,185,404 | $13,394,584 |
Rochester Philharmonic Orchestra Inc Rochester, NY | $20,757,567 | $7,702,051 |
Rhode Island Philharmonic Orchestra & Music School East Providence, RI | $15,804,954 | $5,398,910 |
Cape Arts & Entertainment Inc West Barnstable, MA | $10,466,895 | $5,101,262 |
Orpheus Chamber Orchestra Inc New York, NY | $1,908,737 | $3,345,104 |
Boston Youth Symphony Orchestra Inc Boston, MA | $8,731,148 | $5,999,512 |
Hartford Symphony Orchestra Inc Hartford, CT | $12,831,218 | $4,378,736 |
Musical Associates Of Central New York Inc Syracuse, NY | $3,413,784 | $4,180,183 |
New Haven Symphony Orchestra Inc New Haven, CT | $4,780,690 | $3,191,138 |
Stamford Symphony Orchestra Inc Stamford, CT | $4,591,882 | $2,087,618 |