Totals
- Total revenue
- $3,531,153
- Total expenses
- $3,838,282
- Contributions and grants received
- $2,232,341
- Grants paid
- $0
- Program service revenue
- $835,969
- Investment income
- $458,596
- Other revenue
- $4,247
- Total assets, end of year
- $10,965,859
- Total liabilities, end of year
- $1,433,453
- Net assets or fund balances, end of year
- $9,532,406
- Program services expenses (Part IX)
- $2,303,471
- Management and general expenses
- $716,167
- Fundraising expenses
- $818,644
- Program service expenses (Part III)
- $2,303,471
Program services were 60.0% 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.
-
1b · Membership dues
$13,918
-
1c · Fundraising events
$882,802
-
1e · Government grants (contributions)
$84,050
-
1f · All other contributions, gifts and grants
$1,251,571
-
1g · Noncash contributions included above
$54,232
-
2a · Program service revenue: BOOKING COMMISSIONS AND ARTISTS F
total $788,093 · related or exempt $788,093
-
2b · Program service revenue: CONCERT TICKET SALES
total $36,091 · related or exempt $36,091
-
2c · Program service revenue: AUDITION FEES
total $11,785 · related or exempt $11,785
-
3 · Investment income
total $165,811 · excluded $165,811
-
7a · Gross sales of assets other than inventory
securities $1,651,685
-
7b · Less cost or other basis and sales expenses
securities $1,358,900
-
7c · Gain or loss
securities $292,785
-
7d · Net gain or loss
total $292,785 · excluded $292,785
-
8a · Fundraising events: gross income
$236,433
-
8a · Fundraising events: contributions included on line 1c
$882,802
-
8b · Fundraising events: direct expenses
$236,433
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: MISCELLANEOUS INCOME
total $4,247 · excluded $4,247
-
11e · Other revenue, total
$4,247
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $284,705 · program services $113,882 · management and general $113,882 · fundraising $56,941
-
7 · Other salaries and wages
total $1,017,035 · program services $623,673 · management and general $22,760 · fundraising $370,602
-
8 · Pension plan contributions
total $31,837 · program services $20,271 · fundraising $11,566
-
9 · Other employee benefits
total $190,211 · program services $116,675 · management and general $4,309 · fundraising $69,227
-
10 · Payroll taxes
total $87,063 · program services $49,966 · management and general $8,054 · fundraising $29,043
-
11c · Fees: accounting
total $111,547 · management and general $111,547
-
11f · Fees: investment management
total $69,127 · management and general $69,127
-
11g · Fees: other
total $263,924 · program services $32 · management and general $241,374 · fundraising $22,518
-
12 · Advertising and promotion
total $51,688 · program services $36,230 · management and general $13,626 · fundraising $1,832
-
13 · Office expenses
total $81,634 · program services $24,770 · management and general $32,247 · fundraising $24,617
-
14 · Information technology
total $26,407 · program services $6,870 · management and general $6,319 · fundraising $13,218
-
16 · Occupancy
total $292,456 · program services $167,840 · management and general $27,053 · fundraising $97,563
-
17 · Travel
total $82,948 · program services $35,660 · management and general $14,133 · fundraising $33,155
-
19 · Conferences, conventions and meetings
total $26,011 · program services $26,011
-
22 · Depreciation, depletion and amortization
total $6,591 · program services $3,784 · management and general $608 · fundraising $2,199
-
23 · Insurance
total $24,433 · program services $14,023 · management and general $2,259 · fundraising $8,151
-
24a · Other expenses: FEES AND EXPENSES PAID
total $769,279 · program services $769,279
-
24b · Other expenses: HALL RENTAL, FRONT OFFI
total $162,198 · program services $140,598 · fundraising $21,600
-
24c · Other expenses: EDUCATIONAL RESIDENCIES
total $79,756 · program services $79,756
-
24d · Other expenses: INDIRECT BENEFIT EXPENS
total $43,954 · fundraising $43,954
-
24e · All other expenses
total $135,478 · program services $74,151 · management and general $48,869 · fundraising $12,458
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $643,772 · end of year $361,988
-
2 · Savings and temporary cash investments
beginning of year $343,299 · end of year $255,441
-
3 · Pledges and grants receivable
beginning of year $92,150 · end of year $214,250
-
9 · Prepaid expenses and deferred charges
beginning of year $36,602 · end of year $22,611
-
10a · Land, buildings and equipment: cost or other basis
$65,501
-
10b · Land, buildings and equipment: accumulated depreciation
$39,907
-
10c · Land, buildings and equipment, net
beginning of year $74,429 · end of year $25,594
-
11 · Investments: publicly traded securities
beginning of year $8,233,995 · end of year $8,810,334
-
15 · Other assets
beginning of year $140,764 · end of year $1,275,641
-
17 · Accounts payable and accrued expenses
beginning of year $84,775 · end of year $138,989
-
19 · Deferred revenue
beginning of year $1,118
-
25 · Other liabilities
beginning of year $169,596 · end of year $1,294,464
-
27 · Net assets without donor restrictions
beginning of year $725,305 · end of year $403,410
-
28 · Net assets with donor restrictions
beginning of year $8,584,217 · end of year $9,128,996
Mission and programs · 2022
Mission
THE MISSION OF THE ORGANIZATION IS TO DISCOVER AND LAUNCH THE CAREERS OF EXTRAORDINARY YOUNG CLASSICAL MUSICIANS, AND TO EXPAND THE REACH AND RELEVANCE OF CLASSICAL MUSIC.
Activities or mission (Part I)
TO DISCOVER AND LAUNCH THE CAREERS OF EXTRAORDINARY YOUNG MUSICIANS.
-
ARTIST MANAGEMENT SERVICES:YOUNG CONCERT ARTISTS PROVIDES PROFESSIONAL CAREER MANAGEMENT FOR YCA ARTISTS AND COMPOSERS. WINNERS OF THE YOUNG CONCERT ARTISTS INTERNATIONAL AUDITIONS, HELD ANNUALLY, RECEIVE A MANAGEMENT CONTRACT WITH YCA. YOUNG CONCERT ARTISTS PROVIDES PROMOTIONAL MATERIALS, BOOKS SEVERAL HUNDRED CONCERT ENGAGEMENTS AND EDUCATIONAL RESIDENCIES EACH YEAR THROUGHOUT THE UNITED STATES AND ABROAD, AND ARRANGES THE TRAVEL, PUBLICITY AND PROGRAMS FOR EACH CONCERT. YCA'S ARTIST MANAGERS COUNSEL THE ARTISTS ON THEIR CAREER DEVELOPMENT, AND HELP THE ARTISTS SECURE COMMERCIAL MANAGEMENT REPRESENTATION WHEN THE ARTISTS ARE READY TO LEAVE YCA.
Expenses $1,660,753 · Revenue $788,093
-
YOUNG CONCERT ARTISTS SERIES IN NEW YORK:THE YOUNG CONCERT ARTISTS 2022-2023 CONCERT SERIES IN NEW YORK WAS BACK IN FULL SWING WITH LIVE AUDIENCES AT ALL CONCERTS PRESENTED. OPENING NIGHT AND CLOSING NIGHT CONCERTS WERE HOSTED AT CARNEGIE HALL, THREE DEBUT CONCERTS TOOK PLACE AT MERKIN HALL AND A LUNCH SERIES OF CONCERTS WAS HELD AT THE MORGAN LIBRARY THROUGHOUT THE SEASON. OUR MAY 8, 2023 GALA WAS A RECORD BREAKING EVENING HELD AT JAZZ AT LINCOLN CENTER.
Expenses $262,566 · Revenue $16,309
-
YOUNG CONCERT ARTISTS SERIES IN WASHINGTON, D.C.:THE YOUNG CONCERT ARTIST SERIES IN WASHINGTON D.C. HELD FIVE LIVE EVENTS AT THE KENNEDY CENTER DURING THE 2022-2023 SEASON. THE 44TH ANNUAL WASHINGTON, DC GALA WAS HELD IN MAY 2023 AT THE RESIDENCE OF THE AMBASSADOR OF JAPAN.
Expenses $186,626 · Revenue $19,782
-
OTHER PROGRAMS INCLUDE THE YOUNG CONCERT ARTISTS AUDITIONS.
Expenses $193,526 · Revenue $11,785
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Paul SekhriPAUL SEKHRI
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1
-
Ellen MarcusELLEN MARCUS
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Esther B FergusonESTHER B FERGUSON
VICE CHAIR (THRU 12/8/22)
- Total calculated
- $0
- Hours/week
- 1
-
Annaliese SorosANNALIESE SOROS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Paul GridleyPAUL GRIDLEY
TREASURER(FROM 5/9/23)
- Total calculated
- $0
- Hours/week
- 1
-
Stephen FischerSTEPHEN FISCHER
TREASURER(THRU 5/8/23)
- Total calculated
- $0
- Hours/week
- 1
-
Michael Nash AmblerMICHAEL NASH AMBLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Anthony E DirestaANTHONY E DIRESTA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Beatrice FrancaisBEATRICE FRANCAIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Demetrius FullerDEMETRIUS FULLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Angela HainesANGELA HAINES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr William A HaseltineDR WILLIAM A HASELTINE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Marlene HerringMARLENE HERRING
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sherman KatzSHERMAN KATZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Karen E LindquistKAREN E LINDQUIST
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shoshana LittSHOSHANA LITT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael L LubinMICHAEL L LUBIN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Joanna OstremJOANNA OSTREM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Donald PeckDONALD PECK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Judith PisarJUDITH PISAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Dr Irene RothDR IRENE ROTH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Judith G SchlosserJUDITH G SCHLOSSER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Mitchell B SikoraMITCHELL B SIKORA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Ratna SubrahmanyamRATNA SUBRAHMANYAM
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Susan WadsworthSUSAN WADSWORTH
BOARD MEMBER
- Total calculated
- $130,000
- From this org
- $130,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 10
-
Daniel KelloggDANIEL KELLOGG
PRESIDENT
- Total calculated
- $275,651
- From this org
- $222,500
- From related orgs
- $0
- Other
- $53,151
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $222,500
- Bonus
- $0
- Other
- $0
- Deferred
- $11,125
- Nontaxable benefits
- $42,026
- Filer's total
- $275,651
-
Shannon GibbonsSHANNON GIBBONS
DIRECTOR OF DEVELOPMENT
- Total calculated
- $181,912
- From this org
- $153,000
- From related orgs
- $0
- Other
- $28,912
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $153,000
- Bonus
- $0
- Other
- $0
- Deferred
- $0
- Nontaxable benefits
- $28,912
- Filer's total
- $181,912
-
Christina BakerCHRISTINA BAKER
DIRECTOR OF ARTIST MGT
- Total calculated
- $125,761
- From this org
- $111,300
- From related orgs
- $0
- Other
- $14,461
- Hours/week
- 40
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 14 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202411359349308196
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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