Cascade Youth Symphony EIN 91-0987047 Form 990 (PDF) Claim this org

Cascade Youth Symphony

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Nurtures students' musical enjoyment, skills, and self-confidence through a year-long program. For fiscal year 2023 it reported $301K in revenue, $320K in expenses, and $119K in net assets.Pt I

Type
Public charity (501(c)(3)) · Nonprofit
Location
Edmonds, WA
Website
cyso.us
Filings
1 on file (2023–2023)
Revenue
$301KFY2023
Expenses
$320K
Net assets
$119K
People
14
Filings
1
Updates
0
More identity details & actions ⌄
EIN  91-0987047 Public charity (501(c)(3)) Edmonds, WA
Form 990 (PDF)
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Size
$100K–1M
What they do
Nurtures students' musical enjoyment, skills, and self-confidence through a year-long program.
Leadership
Gerry Marsh · Music Director · $26K
Money in and out
$301K revenue, $320K expenses
Bottom line
8.1mo operating runway
Where the money goes · FY2023
Total revenue
$301K
Pt VIII · Ln 12
Total expenses
$320K
Pt IX · Ln 25
Net assets
$119K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$19K
Operating runway
8.1mo
months of highly liquid reserves at operating expense rate
Surplus margin
-6%
revenue over expenses, this year
Donor-funded
0.7%
of revenue is gifts & grants

Summary of the Filing

Part I · fiscal year 2023 · Form 990
Total revenue
$301K
Pt VIII · Ln 12
Total expenses
$320K
Pt IX · Ln 25
Net assets
$119K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$19K
Total assetsPt X · Ln 16$219K
Program-expense ratioPt IX · col B0%
Voting members of governing bodyPt I · Ln 312
Independent voting membersPt I · Ln 412
Mission & Programs · Part III

Where the work happens

1 program service account for $320K of program spending, described in the organization's own filed words · FY2022.
01

Cascade Youth Symphony by performing challenging music promotes personal growth and self esteem, while teaching the values of teamwork and excellence.

$320Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCascade Youth Symphony
EINHdr · item D91-0987047
Principal addressHdr · item CEdmonds, WA
WebsiteHdr · item Jcyso.us
Year of formationHdr · item Lpending
State of legal domicileHdr · item MWA
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFJun 1977

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a12
Independent voting membersPt VI · Ln 1b12
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
Music Director
$26,169Pt VII · Sec A
Operations Supervisor
$26,000Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
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Statement of Revenue

Part VIII
Program service revenue$299K · 99%
Contributions & grants$2K · 1%
Program service revenue99%$299K
Contributions & grants1%$2K
Investment income$18
Total revenueLn 12$301K

Balance Sheet

Part X · end of year
CashLn 1$217K
Total assetsLn 16$219K
Total liabilitiesLn 26$99K
Total net assetsLn 32$119K
Months of cash on handcomputed8.1

Financial Metrics

Form 990 · FY2023 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $217K · Operating expenses/yr $320K
8.1 months
Where the money goes
Program services
Program services $0 · Total expenses $320K
not reported
Management & General
Management & general $0 · Total expenses $320K
not reported
Fundraising
Fundraising $0 · Total expenses $320K
not reported
Cost to raise $1
Fundraising expense $0 · Solicited contributions $2K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $2K · Total revenue $301K
0.7%
Government reliance
Government grants — · Total revenue $301K
Earned-income share
Program service revenue $299K · Total revenue $301K
99%
Investment reliance
Investment income $18 · Total revenue $301K
<0.01%
Program self-sufficiency
Program service revenue $299K · Total expenses $320K
93%
Growth & trend
Revenue growth (YoY)
This year $301K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $119K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $301K · Expenses $320K
-6%
Liabilities-to-Assets
Total liabilities — · Total assets $219K
Net-asset ratio
Net assets $119K · Total assets $219K
55%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $0 · Other securities (Pt X, ln 12) $0 · Total assets (Pt X, ln 16) $219K
0%
People & payroll
Highest Reported Total Compensation
Individual Gerry Marsh · Reported title Music Director · Highest reported compensation $26K · Total expenses $320K
8%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $173K · Total expenses $320K
54%
Peer comparison

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

MetricThis orgPeer medianPercentile
Overhead ratio 0%
Fundraising cost ratio 0%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 0%

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.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 1 funder$30K

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$301K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2023IRS
Classification, formation year, addressIRS Business Master File
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