Producers INC FY2021 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.
84¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 3
filings with a surplus
Average deficit $78K a year · 191% of revenue · last 3 filings
Concern: a surplus in 0 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
84%
of spending
Looks good: 84% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
4 mo
of spending, in cash
Looks good: 4.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $16K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
11
of 11 voting members
Looks good: 11 of 11 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$32K
-7% vs prior year
Spent
$69K
To programs
84%
Net assets
$469K
By yearFY2020–FY2024
Revenue
$32K
FY2021▼ -7%
Revenue by fiscal year
FY2020$35K
FY2021$32K
FY2022$55K
FY2023$102K
FY2024$100K
Expenses
$69K
FY2021▼ -48%
Expenses by fiscal year
FY2020$132K
FY2021$69K
FY2022$153K
FY2023Not on file
FY2024Not on file
Net assets
$469K
FY2021▼ -4%
Net assets by fiscal year
FY2020$487K
FY2021$469K
FY2022$336K
FY2023$15K
FY2024$345K

From the FY2021 Form 990 (year ending June 2021) · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1982.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

84 cents of each dollar spent went to programs.

Program services 84% · $58K Management & general 16% · $11K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

11 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
VP Membership
$0Pt VII · Sec A
Co-VP Fundraising
$0Pt VII · Sec A
Co-VP Fundraising
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Hospitality Chairperson
$0Pt VII · Sec A
Scholarship Chairperson
$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.

See Producers INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

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

Provided by the organization

This section is blank until Producers INC claims this page.

Know this organization? Claim it to add your story

3 program services account for $58K of program spending, described in the organization's own filed words · FY2020.
01

Scholarships

Scholarships are awarded to graduating students from ypas interested in persuing the arts through traditional and non-traditional routes. A bonus $500 scholarship is awarded to the student scoring the highest during the full interview and application process as determined by the scholarship review committee.

$32Kprogram expense
02

Student Services and Other Programs

We coordinate and provide funding for student and other services including career day where college representatives present their programs to the seniors to assist them in making college choices; an orientation potluck meal for new and current families to inform them of programs and opportunities; senior night; various accompanists and…

$20Kprogram expense
03

Departmental Funding

We fund ongoing enrichment of ypas students in each of the 9 departments, including 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 MUSIC/SCRIPT materials, vip nights…

$6Kprogram expense

Run this program? Claim this org to tell your story

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

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$32K
Ln 12
Gifts and grantsLn 1h$21K
Investment incomeLn 3$7K
Other incomeLn 4–11$4K
Money outPt IX
$69K
Ln 25
Programscol B$58K
Managementcol C$11K
Owns and owesPt X
$469K
net assets · Ln 32
Cash and savingsLn 1–2$26K
Total assetsLn 16$469K
LiabilitiesLn 26$0
PeoplePt VI, VII
11
listed · VII A
PaidVII A0
Voting boardVI 1a11
IndependentVI 1b11
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$21K
Investment incomeLn 3$7K
Other incomeLn 4–11$4K
Total revenueLn 12$32K
Assets in detailPt X, end of year
CashLn 1$26K
Cash and savings togetherLn 1–2$26K
InvestmentsLn 11–13$417K
Land, buildings, equipmentLn 10c$27K
Total assetsLn 16$469K
LiabilitiesLn 26$0
Net assetsLn 32$469K
OperationsPt I, VI
EmployeesI 50
VolunteersI 620
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1$26K
InvestmentsLn 11–13$365K$417K
Land, buildings, equipmentLn 10c$32K$27K
Total assetsLn 16$487K$469K
LiabilitiesLn 26$0$0
Net assetsLn 32$487K$469K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$6K$6K
Grants to domestic individualsLn 2$32K$32K
Accounting feesLn 11c$8K$8K
Office expensesLn 13$774$774
Depreciation, depletion and amortizationLn 22$4K$4K
InsuranceLn 23$1K$1K
Other expenses (24a–d)Ln 24$16K$15K$998
All other expensesLn 24e$418$418
Total functional expensesLn 25$69K$58K$11K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $100K$345K 990 PDF
FY2023 $102K$15K 990 PDF
FY2022 $55K$153K−$98K$336K 990 PDF
FY2021 Viewing $32K$69K−$37K$469K 990 PDF
FY2020 $35K$132K−$98K$487K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $32,219 across 5 lines filed
Lines not itemized here account for $4,391 of total revenue; see the IRS return.
VIII-1b Membership dues$8,572
VIII-1f All other contributions, gifts and grants$12,615
VIII-1h Total contributions, gifts and grants$21,187
VIII-3 Investment incomeExcluded from tax $6,641$6,641
VIII-12 Total revenueRelated to mission $1,459 · Unrelated business $0 · Excluded from tax $9,573$32,219
Part IX · Statement of functional expenses $68,740 across 8 lines filed
IX-1 Grants to domestic organizationsPrograms $5,932$5,932
IX-2 Grants to domestic individualsPrograms $32,000$32,000
IX-11c Accounting feesManagement $7,500$7,500
IX-13 Office expensesManagement $774$774
IX-22 Depreciation, depletion and amortizationPrograms $4,482$4,482
IX-23 InsuranceManagement $1,426$1,426
IX-24 Other expenses (24a–d)Programs $15,210 · Management $998$16,208
IX-24e All other expensesPrograms $418$418
IX-25 Total functional expensesPrograms $58,042 · Management $10,698 · Fundraising $0$68,740
Part X · Balance sheet $469,472 assets, 8 lines filed
X-1 Cash, non-interest-bearingStart of year $1$25,621
X-10c Land, buildings and equipment, netStart of year $32,121$26,892
X-11 Publicly traded securitiesStart of year $364,631$416,959
X-16 Total assetsStart of year $487,071$469,472
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $487,071$469,472
X-32 Total net assets or fund balancesStart of year $487,071$469,472
X-33 Total liabilities and net assetsStart of year $487,071$469,472
Part XI · Reconciliation of net assets $469,472 net assets at year end
XI-1 Total revenue$32,219
XI-2 Total expenses$68,740
XI-3 Revenue less expenses−$36,521
XI-4 Net assets at start of year$487,071
XI-5 Net unrealized gains (losses) on investments$53,872
XI-8 Prior period adjustments−$34,950
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$469,472

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.