EIN 23-7179740

Midwest Young Artists

Name: Midwest Young Artists financials for 2023
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

IRS 501(c) type

501(c)(3)

Num. employees

City

Highwood

State

Illinois

Year formed

1972

Most recent tax filings

2023-05-01

NTEE code, primary

A69: Symphony Orchestras

Description

Midwest Young Artists builds a home with the power of music to enrich the lives of the students and their communities. Orchestral students perform in premiere performance venues with world-renowned conductors and guest artists, along with the opportunity to compete. MYA develops music education, performance abilities and achievement for approximately 500 students between 8-19 years old in performing orchestral, chamber, jazz and choral music.

Total revenues

$1,426,359

2023

Total expenses

$1,312,660

2023

Total assets

$10,175,800

2023

Num. employees

2023

Program areas at Midwest Young Artists

Development of music education, performace abilities and achievement for approximately 500 students ages 8-19 in performing orchestral, chamber, jazz and choral music.

Orchestral students have the chance to perform in premiere performance venues with world-renowned conductors and guest artists along with the opportunity to perform in multiple competitions.

Who funds Midwest Young Artists

Grants from foundations and other nonprofits

Grantmaker	Grantmaker tax period	Description	Amount
Schwab Charitable Fund	2023-06	Arts, Culture & Humanities	$121,100
Negaunee Foundation	2022-12	Unrestricted	$50,000
Fidelity Investments Charitable Gift Fund	2022-06	For Grant Recipient's Exempt Purposes	$27,350
...and 10 more grants received

Personnel at Midwest Young Artists

Name	Title	Compensation	Date of data
Allan Dennis	Executive Director	$56,203	2023-05-31
Kelly Corley	Chair	$0	2023-09-12
Tom Sharp	Treasurer	$0	2023-05-31
Rhona Reagen	Secretary	$0	2020-05-31
Thomas Sharp	Past Treasurer	$0	2019-05-31
...and 1 more key personnel

Financials for Midwest Young Artists

Revenues	FYE 05/2023	FYE 05/2022	% Change
Total grants, contributions, etc.	$612,132	$659,745	-7.2%
Program services	$691,247	$634,461	9%
Investment income and dividends	$54,596	$18,906	188.8%
Tax-exempt bond proceeds	$0	$0	-
Royalty revenue	$0	$0	-
Net rental income	$0	$0	-
Net gain from sale of non-inventory assets	$55,836	$-122,482	145.6%
Net income from fundraising events	$-6,032	$-8,734	30.9%
Net income from gaming activities	$0	$0	-
Net income from sales of inventory	$0	$0	-
Miscellaneous revenues	$18,580	$20,728	-10.4%
Total revenues	$1,426,359	$1,202,624	18.6%

Form 990s for Midwest Young Artists

Fiscal year ending	Date received by IRS	Form	PDF link
2023-05	2023-09-12	990	View PDF
2022-05	2022-08-31	990	View PDF
2021-05	2021-09-17	990	View PDF
2020-05	2021-02-19	990	View PDF
2019-05	2020-01-03	990	View PDF
...and 9 more Form 990s

Organizations like Midwest Young Artists

Organization	Type	Location	Revenue
Montgomery Symphony Association (MSO )	501(c)(3)	Montgomery, AL	$804,056
Bellevue Youth Symphony Orchestra	501(c)(3)	Bellevue, WA	$1,011,403
Akron Symphony Orchestra	501(c)(3)	Akron, OH	$1,949,646
New World Symphony (NWS)	501(c)(3)	Miami Beach, FL	$5,651,060
Greater Dallas Youth Orchestra	501(c)(3)	Dallas, TX	$855,434
South Texas Symphony Association	501(c)(3)	Mcallen, TX	$798,751
Metropolitan Youth Symphony	501(c)(3)	Portland, OR	$1,077,152
Orchestra Lumos	501(c)(3)	Stamford, CT	$1,758,901
Milwaukee Youth Symphony Orchestra	501(c)(3)	Milwaukee, WI	$3,374,542
Empire State Youth Orchestra (ESYO)	501(c)(3)	Schenectady, NY	$2,792,066

Data update history

November 14, 2023

Posted financials

Added Form 990 for fiscal year 2023

November 9, 2023

Updated personnel

Identified 3 new personnel

October 26, 2023

Used new vendors

Identified 1 new vendor, including

October 23, 2023

Received grants

Identified 9 new grant, including a grant for $40,000 from Negaunee Foundation

August 17, 2023

Posted financials

Added Form 990 for fiscal year 2022

Nonprofit Types

SchoolsArts, culture, and humanities nonprofitsPerforming arts organizationsOperas and symphoniesMusical groupsCharities

Issues

Arts, cultural, and humanities

Characteristics

Conservation easementFundraising eventsCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donations

General information

Address: 878 Lyster Rd; Highwood, IL 60040
Metro area: Chicago-Naperville-Elgin, IL-IN-WI
County: Lake County, IL
Website URL: mya.org/
Phone: (847) 926-9898

IRS details

EIN: 23-7179740
Fiscal year end: May
Taxreturn type: Form 990
Year formed: 1972
Eligible to receive tax-deductible contributions (Pub 78): Yes

Categorization

NTEE code, primary: A69: Symphony Orchestras
NAICS code, primary: 711130: Musical Groups and Artists
Parent/child status: Independent

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Midwest Young Artists

Program areas at Midwest Young Artists

Who funds Midwest Young Artists

Personnel at Midwest Young Artists

Financials for Midwest Young Artists

Form 990s for Midwest Young Artists

Organizations like Midwest Young Artists

Nonprofits

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