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Nonprofiteer
← CHESAPEAKE YOUTH SYMPHONY ORCHESTRA

Form 990 for tax year 2023

Filed by CHESAPEAKE YOUTH SYMPHONY ORCHESTRA.

Totals

Total revenue
$242,335
Total expenses
$291,722
Contributions and grants received
$49,660
Grants paid
$0
Program service revenue
$189,808
Investment income
$983
Other revenue
$1,884
Total assets, end of year
$140,345
Total liabilities, end of year
$3,528
Net assets or fund balances, end of year
$136,817
Program services expenses (Part IX)
$243,276
Management and general expenses
$44,426
Fundraising expenses
$4,020
Program service expenses (Part III)
$243,276

Program services were 83.4% 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.

  • 1e · Government grants (contributions)

    $30,679

  • 1f · All other contributions, gifts and grants

    $18,981

  • 2a · Program service revenue: TUITION

    total $101,871 · unrelated business $0 · excluded $0

  • 2b · Program service revenue: TOUR

    total $87,937 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $983 · unrelated business $0 · excluded $983

  • 8a · Fundraising events: gross income

    $1,889

  • 8b · Fundraising events: direct expenses

    $350

  • 8c · Net income from fundraising events

    total $1,539 · unrelated business $0 · excluded $1,539

  • 10a · Gross sales of inventory

    $95

  • 10c · Net income from sales of inventory

    total $95 · excluded $95

  • 11a · Other revenue: ADVERTISING

    total $250 · related or exempt $0 · unrelated business $250 · excluded $0

  • 11e · Other revenue, total

    $250

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $33,600 · program services $20,160 · management and general $10,080 · fundraising $3,360

  • 10 · Payroll taxes

    total $2,639 · program services $1,583 · management and general $792 · fundraising $264

  • 11c · Fees: accounting

    total $3,343 · program services $0 · management and general $3,343 · fundraising $0

  • 11g · Fees: other

    total $115,605 · program services $114,133 · management and general $1,472 · fundraising $0

  • 12 · Advertising and promotion

    total $7,259 · program services $0 · management and general $7,259 · fundraising $0

  • 13 · Office expenses

    total $2,099 · program services $0 · management and general $2,099 · fundraising $0

  • 14 · Information technology

    total $351 · program services $0 · management and general $351 · fundraising $0

  • 16 · Occupancy

    total $11,173 · program services $5,521 · management and general $5,652 · fundraising $0

  • 17 · Travel

    total $81,704 · program services $81,704 · management and general $0 · fundraising $0

  • 19 · Conferences, conventions and meetings

    total $825 · program services $795 · management and general $30 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $9,823 · program services $9,823 · management and general $0 · fundraising $0

  • 23 · Insurance

    total $6,367 · program services $0 · management and general $6,367 · fundraising $0

  • 24a · Other expenses: OTHER CONCERT EXPENSES

    total $7,470 · program services $7,470 · management and general $0 · fundraising $0

  • 24b · Other expenses: PRINTING

    total $4,912 · program services $0 · management and general $4,912 · fundraising $0

  • 24c · Other expenses: BANK/CREDIT CARD FEES

    total $1,594 · program services $0 · management and general $1,594 · fundraising $0

  • 24d · Other expenses: RENTALS/REPAIRS

    total $758 · program services $758 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $2,200 · program services $1,329 · management and general $475 · fundraising $396

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $101,184 · end of year $43,053

  • 2 · Savings and temporary cash investments

    beginning of year $40,104 · end of year $39,834

  • 9 · Prepaid expenses and deferred charges

    beginning of year $51,467 · end of year $4,214

  • 10a · Land, buildings and equipment: cost or other basis

    $63,536

  • 10b · Land, buildings and equipment: accumulated depreciation

    $34,066

  • 10c · Land, buildings and equipment, net

    beginning of year $39,293 · end of year $29,470

  • 11 · Investments: publicly traded securities

    beginning of year $20,894 · end of year $23,774

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,290 · end of year $3,528

  • 19 · Deferred revenue

    beginning of year $67,345 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $180,810 · end of year $132,820

  • 28 · Net assets with donor restrictions

    beginning of year $3,497 · end of year $3,997

Mission and programs · 2023

Mission

YOUTH MUSIC EDUCATION PROGRAMS

  • THE ORCHESTRA PROVIDES TRAINING AND PERFORMANCE OPPORTUNITIES FOR APPROXIMATELY 140 STUDENT MUSICIANS

    Expenses $243,276 · Revenue $189,808

As filed on the 2023 return.

Listed in Part VII

  • Rob Alexander

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Anne Sloan

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • Jane Chambers

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Tom Eisinger

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Dana Bevard

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Ravi Bahethi

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • J Ernest Green

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Dan Hurson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Yvonne Lively

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Tiffany McDonald

    BOARD MEMBER/GRANT WRITER

    Total calculated
    $0
    Hours/week
    2

  • Yesook Suh

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • Dane Krich

    EXECUTIVE DIRECTOR

    Total calculated
    $33,600
    From this org
    $33,600
    From related orgs
    $0
    Other
    $0
    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
8 October 2024
IRS schema version
2023v5.1
Source object
202432829349301973

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