Producers INC FY2020 filing

Tax-deductible

Louisville, KY501(c)(3)EIN 31-1027597

To enhance the ypas experience by providing financial support to ensure our gifted and talented students have the opportunity to fully develop their skills and to excel artistically and academically

501(c)(3) charity; gifts are tax-deductible.
71¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
Is it a real charity?
501(c)(3)
not on the IRS revocation list
IRS BMF · Auto-Revocation List
Are gifts tax-deductible?
Yes
Donations are tax-deductible
IRS Pub. 78 · IRS BMF
Is it filing on time?
FY2024
latest Form 990
IRS e-file · Filing history
Is it financially stable?
0 of 3
years in the black
Pt I · Ln 19 · 3 filings
How much reaches the programs?
71%
of spending
Pt IX · Ln 25 · col B
Do they have reserves?
8 mo
of spending, in cash
Pt X · Ln 1–2 · Pt I · Ln 18
Who is supporting them already?
1
named funder · $16K
Funders’ Sch. I, 990-PF
Do they carry debt?
$0
liabilities
Pt X · Ln 26
Who oversees it?
5
independent of 5 voting board members
Pt VI · Ln 1a–1b
Revenue
$35K
Spent
$132K
To programs
71%
Net assets
$487K
By yearFY2020–FY2024
Revenue
$35K
FY2020
Revenue by fiscal year
FY2020$35K
FY2021$32K
FY2022$55K
FY2023$102K
FY2024$100K
Expenses
$132K
FY2020
Expenses by fiscal year
FY2020$132K
FY2021$69K
FY2022$153K
FY2023Not on file
FY2024Not on file
Net assets
$487K
FY2020
Net assets by fiscal year
FY2020$487K
FY2021$469K
FY2022$336K
FY2023$15K
FY2024$345K

From the FY2020 Form 990 (year ending June 2020) · see the original

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Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Last filed FY2024 — 3 yrs ago
Legal name (IRS)Hdr · item CProducers INC
EINHdr · item D31-1027597
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFJun 1982
Latest filingForm 990FY2024 · Form 990
Principal addressHdr · item CLouisville, KY
NTEE classificationIRS BMFNonprofit
WebsiteHdr · item Jwww.ypas.org/producers

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.71 Management & general $0.07 Fundraising $0.22
Program services71%$93K
Management & general7%$9K
Fundraising22%$30K
Total functional expensesLn 25$132K

Financial health

Is it on solid ground?

Program efficiency
71%
of spending reaches programs
Operating runway
41.3mo
months of highly liquid reserves at operating expense rate
Surplus margin
-282%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Total assets
$487K
FY2020
Total assets by fiscal year
FY2020$487K
FY2021$469K
FY2022$336K
FY2023Not on file
FY2024Not on file
Total liabilities
$0
FY2020
Total liabilities by fiscal year
FY2020$0
FY2021$0
FY2022$0
FY2023Not on file
FY2024Not on file
Revenue less expensesPt I · Ln 19−$98K
Total assetsPt X · Ln 16$487K
Program-expense ratioPt IX · col B71%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$90K
Total assetsLn 16$487K
Total liabilitiesLn 26$0
Total net assetsLn 32$487K
Months of cash on handcomputed8.2

Statement of Revenue

Part VIII
Contributions & grants$31K · 91%
Investment income$12K · 35%
Contributions & grants91%$31K
Investment income35%$12K
Total revenueLn 12$35K

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $455K · Operating expenses/yr $132K
41.3 months
Where the money goes
Program services
Program services $93K · Total expenses $132K
71%
Management & General
Management & general $9K · Total expenses $132K
7%
Fundraising
Fundraising $30K · Total expenses $132K
22%
Cost to raise $1
Fundraising expense $30K · Solicited contributions $31K
$0.94 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $31K · Total revenue $35K
91%
Government reliance
Government grants — · Total revenue $35K
—
Earned-income share
Program service revenue $0 · Total revenue $35K
0%
Investment reliance
Investment income $12K · Total revenue $35K
+35%
Program self-sufficiency
Program service revenue $0 · Total expenses $132K
0%
Growth & trend
Revenue growth (YoY)
This year $35K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $487K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $35K · Expenses $132K
-282%
Liabilities-to-Assets
Total liabilities — · Total assets $487K
—
Net-asset ratio
Net assets $487K · Total assets $487K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $365K · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $487K
75%
People & payroll
Highest Reported Total Compensation
Individual Phillip Martin · Reported title BOARD PRESID · Highest reported compensation $0 · Total expenses $132K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $132K
—
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 71%——
Overhead ratio 7%——
Fundraising cost ratio 94%——
Accounting fee ratio 5%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Board Presid
$0Pt VII · Sec A
VP Fundraisi
$0Pt VII · Sec A
VP Membershi
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2024FY2022
Sarah Stalker$4,020$13,110

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
  • 5Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Supports gifted students to develop skills and excel artistically and academically.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

3 program services account for $93K of program spending, described in the organization's own filed words · FY2019.
01

We fund ongoing enrichment of ypas students in each of the ypas departments. We fund requested programs such as specialized COACHES/INSTRUCTORS, master classes, accompanists (for rehearsals, performances, and auditions), software used by musicians, vocal majors, and others to record and improve their performance, instruments and…

$72Kprogram expense
02

Scholarships -- 9 1500 scholarships awarded, 1 500 scholarship awarded. Scholarships awarded to students continuing in the performing arts beyond high school. The bonus 500 scholarship was awarded to the student who scored the best during the producers' scholarship judging process as determined by the scholarship review committee.

$15Kprogram expense
03

Student Services Programs, General Other

Career day; college representatives present their programs to the seniors to assist them in making college choices. Orientation potluck meal: invite families to new and current students to inform them of programs and opportunities available through our organization.

$7Kprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$16K
Grants paid · 13 grants · $125K · 2019–2021
Unitemized GrantFY2021$15,500
Unitemized GrantFY2020$32,000
Youth Performing Arts School - GuitarFY2020$1,700
Youth Performing Arts School - TheatreFY2020$1,267
Youth Performing Arts School - Musical TheaterFY2020$1,200
Youth Performing Arts School - BandFY2020$745
Youth Performing Arts School - DanceFY2020$600
Youth Performing Arts School - VocalFY2020$420
Youth Performing Arts School - DesiFY2019$17,716
Unitemized GrantFY2019$15,000
Youth Performing Arts School - BandFY2019$13,842
Youth Performing Arts School - VocaFY2019$12,642
Youth Performing Arts School - DancFY2019$12,035

Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2024 Latest $100K—-1% 990 PDF
FY2023 $102K—+86% 990 PDF
FY2022 $55K$153K+70% 990 PDF
FY2021 $32K$69K-7% 990 PDF
FY2020 Viewing $35K$132K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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