2024-05-14T14:15:06-05:00 2023-06-30 131655065 LUTZ AND CARR CPAS LLP 551 FIFTH AVENUE SUITE 400 NEW YORK NY 10176 990 2022-07-01 131951681 YOUNG CONCERT ARTISTS INC YOUN 2123076655 1776 BROADWAY 1500 NEW YORK NY 10019 DANIEL KELLOGG PRESIDENT 2123076655 2024-05-14 1 DANIEL KELLOGG 999009999 0 MICHAEL WALLACE P00881958 2126972299 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z DANIEL KELLOGG 1776 BROADWAY 1500 NEW YORK NY 10019 5126486 0 X WWW.YCA.ORG X 1961 NY TO DISCOVER AND LAUNCH THE CAREERS OF EXTRAORDINARY YOUNG MUSICIANS. 24 23 17 0 0 0 2792568 2232341 793574 835969 371436 458596 17776 4247 3975354 3531153 0 0 0 0 1467754 1610851 0 0 818644 2059340 2227431 3527094 3838282 448260 -307129 9565011 10965859 255489 1433453 9309522 9532406 X 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. 0 0 1660753 788093 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. 262566 16309 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. 186626 19782 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. 193526 11785 OTHER PROGRAMS INCLUDE THE YOUNG CONCERT ARTISTS AUDITIONS. 193526 11785 2303471 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 50 0 1 17 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X X THE ORGANIZATION 2123076655 1776 BROADWAY 1500 NEW YORK NY 10019 PAUL SEKHRI CHAIRMAN 1.00 X X 0 0 0 ELLEN MARCUS VICE CHAIR 1.00 X X 0 0 0 ESTHER B FERGUSON VICE CHAIR (THRU 12/8/22) 1.00 X X 0 0 0 ANNALIESE SOROS SECRETARY 1.00 X X 0 0 0 PAUL GRIDLEY TREASURER(FROM 5/9/23) 1.00 X X 0 0 0 STEPHEN FISCHER TREASURER(THRU 5/8/23) 1.00 X X 0 0 0 MICHAEL NASH AMBLER BOARD MEMBER 1.00 X 0 0 0 ANTHONY E DIRESTA BOARD MEMBER 1.00 X 0 0 0 BEATRICE FRANCAIS BOARD MEMBER 1.00 X 0 0 0 DEMETRIUS FULLER BOARD MEMBER 1.00 X 0 0 0 ANGELA HAINES BOARD MEMBER 1.00 X 0 0 0 DR WILLIAM A HASELTINE BOARD MEMBER 1.00 X 0 0 0 MARLENE HERRING BOARD MEMBER 1.00 X 0 0 0 SHERMAN KATZ BOARD MEMBER 1.00 X 0 0 0 KAREN E LINDQUIST BOARD MEMBER 1.00 X 0 0 0 SHOSHANA LITT BOARD MEMBER 1.00 X 0 0 0 MICHAEL L LUBIN BOARD MEMBER 1.00 X 0 0 0 JOANNA OSTREM BOARD MEMBER 1.00 X 0 0 0 DONALD PECK BOARD MEMBER 1.00 X 0 0 0 JUDITH PISAR BOARD MEMBER 1.00 X 0 0 0 DR IRENE ROTH BOARD MEMBER 1.00 X 0 0 0 JUDITH G SCHLOSSER BOARD MEMBER 1.00 X 0 0 0 MITCHELL B SIKORA BOARD MEMBER 1.00 X 0 0 0 RATNA SUBRAHMANYAM BOARD MEMBER 1.00 X 0 0 0 SUSAN WADSWORTH BOARD MEMBER 10.00 X 130000 0 0 DANIEL KELLOGG PRESIDENT 40.00 X X 222500 0 53151 SHANNON GIBBONS DIRECTOR OF DEVELOPMENT 40.00 X 153000 0 28912 CHRISTINA BAKER DIRECTOR OF ARTIST MGT 40.00 X 111300 0 14461 616800 0 96524 4 0 1 0 0 13918 882802 84050 1251571 54232 2232341 BOOKING COMMISSIONS AND ARTISTS F 711130 788093 788093 CONCERT TICKET SALES 711130 36091 36091 AUDITION FEES 711130 11785 11785 835969 165811 165811 1651685 1358900 292785 292785 292785 236433 882802 236433 0 MISCELLANEOUS INCOME 711130 4247 4247 4247 3531153 835969 0 462843 284705 113882 113882 56941 1017035 623673 22760 370602 31837 20271 11566 190211 116675 4309 69227 87063 49966 8054 29043 111547 111547 69127 69127 263924 32 241374 22518 51688 36230 13626 1832 81634 24770 32247 24617 26407 6870 6319 13218 292456 167840 27053 97563 82948 35660 14133 33155 26011 26011 6591 3784 608 2199 24433 14023 2259 8151 FEES AND EXPENSES PAID 769279 769279 HALL RENTAL, FRONT OFFI 162198 140598 21600 EDUCATIONAL RESIDENCIES 79756 79756 INDIRECT BENEFIT EXPENS 43954 43954 135478 74151 48869 12458 3838282 2303471 716167 818644 643772 361988 343299 255441 92150 214250 36602 22611 65501 39907 74429 25594 8233995 8810334 140764 1275641 9565011 10965859 84775 138989 1118 169596 1294464 255489 1433453 X 725305 403410 8584217 9128996 9309522 9532406 9565011 10965859 -307129 530013 0 X 0 1 X 1 0 X 1498605 1531200 1938774 2792568 2232341 9993488 1498605 1531200 1938774 2792568 2232341 9993488 806673 9186815 157811 155692 154550 148007 165811 781871 7212 2548 5130 17776 4247 36913 10812272 3353843 0.84970 0.85500 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 8564217 150 919482 429853 9053996 9847571 301500 -1104096 480758 8564217 8744747 1552824 450000 9847571 9108475 5882 750390 1120000 8744747 9082690 26133 714108 714456 9108475 0.73949 0.26051 0 0 23905 22625 1280 41596 17282 24314 25594 INTEREST RECEIVABLE 20921 SECURITY DEPOSIT 120993 RIGHT-OF-USE ASSET 1133727 1275641 LEASE LIABILITY 1294464 1294464 3992039 530013 530013 3462026 69127 69127 3531153 3769155 0 3769155 69127 69127 3838282 PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUND IS TO SUPPORT SPECIFIC PROGRAMS DESIGNATED BY THE RESPECTIVE DONORS AND ALSO TO SUPPORT GENERAL OPERATIONS. NY GALA 992505 756072 236433 132549 95732 8152 DC GALA 126730 126730 1119235 882802 236433 132549 95732 8152 236433 0 X 0 0 0 0 0 0 0 0 0 DANIEL KELLOGG PRESIDENT 222500 0 0 0 0 0 11125 0 42026 0 275651 0 0 0 SHANNON GIBBONS DIRECTOR OF DEVELOPMENT 153000 0 0 0 0 0 0 0 28912 0 181912 0 0 0 X 5 54232 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B COMPLETED FORM 990 IS SENT TO AUDIT AND FINANCE COMMITTEE OF THE BOARD FOR REVIEW AND APPROVAL AND PROVIDED TO THE BOARD BEFORE SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO THE BOARD ONCE A YEAR FOR THEIR REVIEW AND SIGNATURE. THE STATEMENT IS DISTRIBUTED AT A BOARD MEETING SO THAT PRESENT BOARD MEMBERS CAN SIGN AND RETURN, AND THOSE WHO ARE NOT PRESENT ARE MAILED THE STATEMENT FOR THEIR SIGNATURE AND RETURNED TO US. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S SALARY IS APPROVED BY THE EXECUTIVE COMMITTEE OF THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE AVAILABLE ON OUR WEBSITE OR BY REQUEST. GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE BY REQUEST.