2024-05-15T14:21:16-05:00 2023-06-30 261472386 SCHAFER TSCHOPP WHITCOMB ET AL 541 S ORLANDO AVENUE SUITE 312 MAITLAND FL 32751 990 2022-07-01 592225301 FLORIDA SYMPHONY YOUTH ORCHESTRA INC FLOR 4079997800 PO BOX 2328 WINTER PARK FL 327902328 ABIGAIL TRAN EXECUTIVE DIRECTOR 4079997800 2024-05-15 1 ABIGAIL TRAN 999009999 0 THOMAS TSCHOPP P00836892 4078752760 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ABIGAIL TRAN PO BOX 2328 WINTER PARK FL 327902328 839401 0 X WWW.FSYO.ORG X 1982 FL EDUCATIONAL MUSICAL OPPORTUNITIES 13 13 12 102 0 0 170566 165194 195993 665165 0 0 54826 9042 421385 839401 8910 14248 0 0 147618 194925 0 0 77288 206714 715017 363242 924190 58143 -84789 793154 770433 605 1866 792549 768567 X SEE SCHEDULE O FOR THE DESCRIPTION OF THE ORGANIZATION'S PRIMARY MISSION.FLORIDA SYMPHONY YOUTH ORCHESTRAS CONTINUES TO EDUCATE AND INSPIRE OVER 280 OF CENTRAL FLORIDA'S TOP YOUNG MUSICIANS THAT COME FROM 10 DIFFERENT FLORIDA COUNTIES. WITH A COMMITMENT TO NOT LET FINANCIAL CAPACITY BE THE REASON A STUDENT DOES NOT PARTICIPATE IN FSYO, THE ORGANIZATION PROVIDES TUITION SCHOLARSHIPS TO THOSE IN NEED. FSYO MEMBERS ANNUALLY PERFORM FOR OVER 18,000 PATRONS OF THE ARTS AS WELL WHILE ENRICHING THE CENTRAL FLORIDA ARTS LANDSCAPE. THE PROGRAMS THAT MAKE UP FSYO REFLECT A DEDICATION TO "EMPOWER YOUNG MUSICIANS TO ACHIEVE EXCELLENCE AND INSPIRE THEIR COMMUNITIES THROUGH A SHARED LOVE OF MUSIC." 0 0 767681 14248 665165 FSYO'S SEVEN ENSEMBLES ARE CAREFULLY STRUCTURED SO THAT STUDENTS GROW WITH FSYO THROUGHOUT THEIR PRIMARY AND SECONDARY YEARS. THE FULL RANGE OF ENSEMBLES PROVIDES EVERY STUDENT WITH A PLACE TO EXCEL WITH THEIR PEERS AT A SIMILAR LEVEL AND AN OPPORTUNITY TO COLLABORATE WITH AND LEARN FROM SEASONED MUSIC PROFESSIONALS ON THE LOCAL AND NATIONAL LEVELS. 767681 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 9 0 1 12 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 FL X X ABIGAIL TRAN 4079997800 PO BOX 2328 WINTER PARK FL 327902328 EDWIN FEE JR PRESIDENT 5.00 X X 0 0 0 SAMUEL THOMAS VICE-PRESIDENT 2.00 X X 0 0 0 MARCIA BABIONE TREASURER 2.00 X X 0 0 0 GIGI MANIAR SECRETARY 2.00 X X 0 0 0 DR DANIEL YEE DIRECTOR 2.00 X 0 0 0 DR TREMON KIZER DIRECTOR 2.00 X 0 0 0 HETAL ENGINEER DIRECTOR 2.00 X 0 0 0 JOHN JONES DIRECTOR 2.00 X 0 0 0 KATHERIN FLURY DIRECTOR 2.00 X 0 0 0 PARVEEN RAMNARAIN DIRECTOR 2.00 X 0 0 0 REBECCA HULL DIRECTOR 2.00 X 0 0 0 RUSS BREDHOLT DIRECTOR 2.00 X 0 0 0 SAMUEL THOMAS DIRECTOR 2.00 X 0 0 0 ABIGAIL TRAN EXECUTIVE DIRECTOR 55.00 X 65058 0 0 65058 0 0 0 0 0 0 0 42985 55000 67209 165194 TOUR PAYMENTS 900099 414372 414372 MEMBERSHIP FEES 900099 194077 194077 SUBSCRIPTIONS/TICKETS 900099 35767 35767 AUDITION FEES 900099 13674 13674 PEFORMANCE FEES 900099 7275 7275 665165 OTHER REVENUE 900099 9042 9042 9042 839401 665165 0 9042 X 14248 14248 65058 20168 21469 23421 106226 32930 35911 37385 6076 1883 2036 2157 17565 5445 5884 6236 6657 6657 169012 169012 14602 14602 7285 5829 728 728 4347 3477 435 435 64250 60250 2000 2000 5546 5546 4048 1280 2768 4362 3490 436 436 TOUR EXPENSES 395465 395465 BUSINESS COSTS 26197 26197 FOOD AND BEVERAGE COSTS 4623 3699 462 462 FUNDRAISING EXPENSE 3727 3727 4896 4160 435 301 924190 767681 79221 77288 51308 50572 13714 22575 98874 88470 14452 10404 663636 635500 50044 51382 793154 770433 605 1866 605 1866 X 778514 755532 14035 13035 792549 768567 793154 770433 -84789 60807 0 X 1 X 0 1 0 X 88939 122121 140714 170566 165194 687534 88939 122121 140714 170566 165194 687534 80037 607497 11037 10715 54826 9042 85620 773154 1863206 0.78570 0.81860 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 48889 2838 1500 50227 41893 8496 1500 48889 43261 1368 41893 44761 1500 46261 46261 1500 44761 0.52707 0.47293 1 0 70622 64058 6564 28252 24412 3840 10404 DEPOSIT 1155 ENDOWMENT 50227 51382 X 934292 60807 34084 94891 839401 0 839401 957274 33084 33084 924190 0 924190 PART V, LINE 4: THE FLORIDA SYMPHONY YOUTH ORCHESTRA FUND WAS ESTABLISHED IN 2003 BY TRANSFERRING $11,000 RECEIVED FROM THE ESTATE OF GERMAINE B. HASSEROT. THE BOARD ESTABLISHED THE FUND AS AN ENDOWMENT TO SUPPORT GENERAL PROGRAMS OF THE ORCHESTRA. THE JOSEPH WISE SCHOLARSHIP FUND WAS ESTABLISHED IN 2005 BY TRANSFERRING $10,000 USING A COMBINATION OF RESTRICTED FUNDS RECEIVED PREVIOUSLY AND SYMPHONY FUNDS. THE BOARD ESTABLISHED THE FUND AS AN ENDOWMENT TO FUND A STUDENT SCHOLARSHIP. THE GOTTSCHALK SCHOLARSHIP FUND WAS ESTABLISHED IN 2007 VIA A DONATION FROM AN ANONYMOUS DONOR IN THE AMOUNT OF $10,000. THE FUND WAS ESTABLISHED AS AN ENDOWMENT TO FUND A STUDENT SCHOLARSHIP. THE CARL RENDEK SCHOLARSHIP FUND WAS ESTABLISHED IN 2012 THROUGH DONATIONS FROM SEVERAL DONORS IN THE AGGREGATE AMOUNT OF $18,285. THE FUND WAS ESTABLISHED AS AN ENDOWMENT TO FUND A STUDENT SCHOLARSHIP. PART X, LINE 2: THE ORCHESTRA IS A NOT-FOR-PROFIT ORGANIZATION AND HAS BEEN GRANTED AN EXEMPTION FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORCHESTRA HAS ADOPTED PROVISIONS OF THE INCOME TAX TOPIC OF THE ASC. THESE PROVISIONS CLARIFY THE ACCOUNTING FOR UNCERTAINTY IN TAX POSITIONS AND PRESCRIBE GUIDANCE RELATED TO THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION IS ONLY RECOGNIZED IN THE FINANCIAL STATEMENTS IF THE TAX POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED UPON AN EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. INTEREST AND PENALTIES, IF ANY, ARE INCLUDED AS EXPENSES IN THE STATEMENT OF SUPPORT AND REVENUE COLLECTED, EXPENSES PAID AND CHANGES IN NET ASSETS - MODIFIED CASH BASIS. AS OF JUNE 30, 2023, THE ORCHESTRA HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. 1 SCHOLARSHIP AWARDS 23 3765 N/A N/A PART I, LINE 2: THE SCHOLARSHIP AWARDS ARE GIVEN TO STUDENTS AND USED TOWARDS THEIR MEMBERSHIP FEES. X SPECIAL EVENT SUPPLIES 13 0 FMV X OPERATING EXPENSES 7 0 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE TAX RETURN IS DISTRIBUTED TO BOARD MEMBERS FOR REVIEW BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST ANNUALLY DISCLOSE ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES IT GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLCIY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G TECHNICAL PERSONNEL: PROGRAM SERVICE EXPENSES 11,674. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 11,674. ARTISTIC PERSONNEL: PROGRAM SERVICE EXPENSES 148,980. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 148,980. PERFORMANCE/ENSEMBLE FEES: PROGRAM SERVICE EXPENSES 8,358. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,358.