Amarillo Youth Choirs Inc
- Assets
- $185.7k
- Revenue
- $88.5k
- Investments
- $0.0
- Employees
- 4
- Location
- Amarillo, TX
- Founding
- 02/1998
- Data as of
- 06/2022
- EIN
- 75-2507750
Organization Overview
Amarillo Youth Choirs Inc is located in Amarillo, TX. The organization was established in 1998. 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 06/2022, Amarillo Youth Choirs Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Amarillo Youth Choirs 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, Amarillo Youth Choirs Inc generated $88.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (17.3%) each year. All expenses for the organization totaled $118.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BOYS AND GIRLS IN THE AMARILLO AND PANHANDLE AREA WHO HAVE SPECIAL MUSICAL ABILITIES WITH AN OPPORTUNITY TO STUDY AND PERFORM CHALLENGING CHORAL LITERATURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES THE OPPORTUNITY TO STUDY & PERFORM CHORAL LITERATURE THROUGH CONCERTS AND OTHER PERFORMANCES WITH 250 PARTICIPANTS. VOCAL CAMPS PROVIDE INSTRUCTION IN VOICE, SIGHT-READING, RHYTHM. SCHOLARSHIPS GIVEN TO INDVIDUALS AS NEEDED TO PARTICIPATE IN THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kate Freeman Executive Di | Officer | 38 | $35,749 |
Kelly Harter Agc Uniform | Trustee | 1 | $0 |
Mathew Harter Abc Uniform | Trustee | 1 | $0 |
Ivy Haynes Agc/abc Hist | Trustee | 1 | $0 |
Greg Heffner Treasurer | OfficerTrustee | 1 | $0 |
Darla Rice Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $10,907 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,079 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,986 |
| Total Program Service Revenue | $56,651 |
| Investment income | $5,975 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,249 |
| Net Income from Fundraising Events | $5,751 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $88,506 |
| 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. | $35,749 |
| Compensation of current officers, directors, key employees. | $7,150 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $38,551 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,775 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,606 |
| Advertising and promotion | $137 |
| Office expenses | $8,998 |
| Information technology | $1,579 |
| Royalties | $0 |
| Occupancy | $1,161 |
| Travel | $8,494 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $133 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,781 |
| Insurance | $1,080 |
| All other expenses | $5,199 |
| Total functional expenses | $118,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,807 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $150 |
| 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 | $1,535 |
| Net Land, buildings, and equipment | $246 |
| Investments—publicly traded securities | $177,978 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $185,716 |
| Accounts payable and accrued expenses | $25,189 |
| Grants payable | $0 |
| Deferred revenue | $3,385 |
| 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 | $28,574 |
| Net assets without donor restrictions | $157,142 |
| Net assets with donor restrictions | $0 |
| 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 | $185,716 |