Form 990 for tax year 2022
Filed by YOUNG PEOPLES CHORUS OF NEW YORK CITY INC.
Totals
- Total revenue
- $5,313,367
- Total expenses
- $5,591,044
- Contributions and grants received
- $4,254,377
- Grants paid
- $0
- Program service revenue
- $935,678
- Investment income
- $66,742
- Other revenue
- $56,570
- Total assets, end of year
- $7,659,682
- Total liabilities, end of year
- $3,996,209
- Net assets or fund balances, end of year
- $3,663,473
- Program services expenses (Part IX)
- $4,628,180
- Management and general expenses
- $381,661
- Fundraising expenses
- $581,203
- Program service expenses (Part III)
- $4,628,180
Program services were 82.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$1,497,417
-
1e · Government grants (contributions)
$387,788
-
1f · All other contributions, gifts and grants
$2,369,172
-
1g · Noncash contributions included above
$229,670
-
2a · Program service revenue: PERFORMANCES
total $575,446 · related or exempt $575,446
-
2b · Program service revenue: TUITION
total $254,082 · related or exempt $254,082
-
2c · Program service revenue: IN SCHOOLS
total $106,150 · related or exempt $106,150
-
3 · Investment income
total $69,688 · excluded $69,688
-
7a · Gross sales of assets other than inventory
securities $229,670
-
7b · Less cost or other basis and sales expenses
securities $232,616
-
7c · Gain or loss
securities -$2,946
-
7d · Net gain or loss
total -$2,946 · excluded -$2,946
-
8a · Fundraising events: gross income
$204,677
-
8a · Fundraising events: contributions included on line 1c
$1,497,417
-
8b · Fundraising events: direct expenses
$188,573
-
8c · Net income from fundraising events
total $16,104 · excluded $16,104
-
11a · Other revenue: OTHER INCOME
total $40,466 · related or exempt $40,466
-
11e · Other revenue, total
$40,466
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $864,740 · program services $623,134 · management and general $106,678 · fundraising $134,928
-
6 · Compensation of disqualified persons
total $1,253,369 · program services $904,186 · management and general $150,000 · fundraising $199,183
-
9 · Other employee benefits
total $191,896 · program services $143,775 · management and general $25,212 · fundraising $22,909
-
10 · Payroll taxes
total $172,393 · program services $121,993 · management and general $22,515 · fundraising $27,885
-
11b · Fees: legal
total $71,420 · program services $23,854 · management and general $23,783 · fundraising $23,783
-
11c · Fees: accounting
total $24,991 · program services $8,347 · management and general $8,322 · fundraising $8,322
-
11g · Fees: other
total $117,111 · program services $75,237 · management and general $6,382 · fundraising $35,492
-
12 · Advertising and promotion
total $296,948 · program services $264,237 · fundraising $32,711
-
13 · Office expenses
total $147,379 · program services $131,582 · management and general $4,391 · fundraising $11,406
-
16 · Occupancy
total $654,146 · program services $595,273 · management and general $12,429 · fundraising $46,444
-
17 · Travel
total $58,427 · program services $58,427
-
22 · Depreciation, depletion and amortization
total $193,119 · program services $175,953 · management and general $3,624 · fundraising $13,542
-
23 · Insurance
total $33,162 · program services $24,318 · management and general $2,287 · fundraising $6,557
-
24a · Other expenses: CONCERT EXPENSES
total $467,896 · program services $467,896
-
24b · Other expenses: SCHOLARSHIPS-TUIT/TOUR
total $270,158 · program services $270,158
-
24c · Other expenses: GALA EXPENSES
total $259,664 · program services $259,664
-
24d · Other expenses: ARTISTS & MUSICIANS
total $187,339 · program services $187,339
-
24e · All other expenses
total $326,886 · program services $292,807 · management and general $16,038 · fundraising $18,041
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $296,889 · end of year $477,003
-
2 · Savings and temporary cash investments
beginning of year $1,059,519 · end of year $821,783
-
3 · Pledges and grants receivable
beginning of year $1,286,062 · end of year $681,108
-
4 · Accounts receivable
beginning of year $144,336 · end of year $99,928
-
9 · Prepaid expenses and deferred charges
beginning of year $77,352 · end of year $595,358
-
10a · Land, buildings and equipment: cost or other basis
$2,641,156
-
10b · Land, buildings and equipment: accumulated depreciation
$1,419,981
-
10c · Land, buildings and equipment, net
beginning of year $1,130,679 · end of year $1,221,175
-
15 · Other assets
beginning of year $1,113,251 · end of year $3,763,327
-
17 · Accounts payable and accrued expenses
beginning of year $197,843 · end of year $360,197
-
19 · Deferred revenue
beginning of year $148,033 · end of year $367,134
-
23 · Secured mortgages and notes payable
beginning of year $149,707 · end of year $148,515
-
25 · Other liabilities
beginning of year $750,022 · end of year $3,120,363
-
27 · Net assets without donor restrictions
beginning of year $2,320,555 · end of year $2,106,951
-
28 · Net assets with donor restrictions
beginning of year $1,541,928 · end of year $1,556,522
Mission and programs · 2022
Mission
TO PROVIDE CHILDREN OF DIVERSE ABILITIES AND ETHNIC BACKGROUNDS WITH A UNIQUE PROGRAM OF MUSIC APPRECIATION AND CHORAL PERFORMANCE THAT SEEKS TO FULFILL EACH CHILD'S MUSICAL POTENTIAL, WHILE CREATING A MODEL OF ARTISTIC EXCELLENCE AND HARMONY THAT ENRICHES OUR COMMUNITY.
-
THE YOUNG PEOPLE'S CHORUS PROVIDES A COMPREHENSIVE KNOWLEDGE OF MUSIC TO APPROXIMATELY 2,255 BOYS AND GIRLS.
Expenses $4,628,180 · Revenue $976,144
As filed on the 2022 return.
Listed in Part VII
-
Francisco J NunezFRANCISCO J NUNEZ
PRESIDENT
- Total calculated
- $303,976
- From this org
- $275,000
- From related orgs
- $0
- Other
- $28,976
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $275,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $28,976
- Filer's total
- $303,976
-
Jb HarrisonJB HARRISON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Adam D ChinnADAM D CHINN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Robert NeisROBERT NEIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Vikram AtalVIKRAM ATAL
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Hiroko OnoyamaHIROKO ONOYAMA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael FraccaroMICHAEL FRACCARO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Deborah McManusDEBORAH MCMANUS
CO-VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Philip H LovettPHILIP H LOVETT
VICE-CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Jeremy WladisJEREMY WLADIS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Adam ZirkinADAM ZIRKIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Francis J Harvey JrFRANCIS J HARVEY JR
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Martin KehoeMARTIN KEHOE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Dusty PhilipDUSTY PHILIP
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marc SuskinMARC SUSKIN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Klaus MetzKLAUS METZ
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Natoya BrownNATOYA BROWN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Evan TrostEVAN TROST
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Aneesa FoldsANEESA FOLDS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jane MossJANE MOSS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jody SteinglassJODY STEINGLASS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Brad BlackmonBRAD BLACKMON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lucrecia BorgonovoLUCRECIA BORGONOVO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Royce ChenROYCE CHEN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Carolina Esquenazi-ShaioCAROLINA ESQUENAZI-SHAIO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lindsay ForbesLINDSAY FORBES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Cosmo RoeCOSMO ROE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Lisa TepperLISA TEPPER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Leonie KruizengaLEONIE KRUIZENGA
CHIEF ADVANCEMENT OFFICER
- Total calculated
- $169,583
- From this org
- $169,583
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $169,583
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $169,583
-
Elizabeth NunezELIZABETH NUNEZ
ASSOCIATE ARTISTIC DIRECTO
- Total calculated
- $135,000
- From this org
- $135,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Bruce AppelBRUCE APPEL
DIRECTOR OF FINANCE
- Total calculated
- $113,300
- From this org
- $113,300
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Nancy BloomNANCY BLOOM
EX-OFFICIO
- Total calculated
- $135,000
- From this org
- $135,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $135,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $0
- Filer's total
- $135,000
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(3) · MUSIC SCHOOL · NY
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 December 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313399349300341
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