Verdugo Young Musicians A California Non-Profit Corporation
- Assets
- $30.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- La Crescenta, CA
- Founding
- 07/2004
- Data as of
- 06/2024
- EIN
- 91-2155345
Organization Overview
Verdugo Young Musicians A California Non-Profit Corporation is located in La Crescenta, CA. The organization was established in 2004. 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. Verdugo Young Musicians A California Non-Profit Corporation 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, Verdugo Young Musicians A California Non-Profit Corporation generated $48.3k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $53.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
WE HAVE 2 ORCHESTRAS - YOUTH AND STRING OPEN TO CHILDREN FROM 6 TO 18 YEARS OLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samvel Chilingarian Board Member | 20 | $0 | |
Renee Hansen Treasurer | 20 | $0 | |
Michelle Sandberg Chair | 20 | $0 | |
Ruth Lam Board Member | 20 | $0 | |
Lindsey Hansen Secretary | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,103 |
| Total Program Service Revenue | $0 |
| Membership dues | $24,192 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,295 |
| 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 | $37,532 |
| Occupancy, rent, utilities, and maintenance | $10,318 |
| Printing, publications, postage, and shipping | $1,557 |
| Other expenses | $3,901 |
| Total expenses | $53,308 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,128 |
| Other assets | $0 |
| Total assets | $30,642 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,642 |