Bay Youth Music Association Inc
- Assets
- $26.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lynn Haven, FL
- Founding
- 11/2015
- Data as of
- 01/2024
- EIN
- 47-3791305
Organization Overview
Bay Youth Music Association Inc is located in Lynn Haven, FL. The organization was established in 2015. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. Bay Youth Music Association 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 01/2024, Bay Youth Music Association Inc generated $91.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $88.3k during the year ending 01/2024. While expenses have increased by 16.3% per year over the past 2 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
FACILITATE A SAFE PLACE FOR CREATIVITY AND PROVIDE INSTRUMENT INSTRUCTION, MENTORING AND WORKSHOPS TO YOUTH IN THE COMMUNITY.
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PDF Copies of 990 Filings
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,115 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $112 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $91,227 |
| 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 | $67,977 |
| Occupancy, rent, utilities, and maintenance | $236 |
| Printing, publications, postage, and shipping | $3,412 |
| Other expenses | $16,724 |
| Total expenses | $88,349 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,778 |
| Other assets | $0 |
| Total assets | $26,778 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,778 |