New York Youth Symphony Inc
New York Youth Symphony maintains stable finances and growing assets, with consistent 0% reported officer compensation.
EIN: 136133041 · New York, NY · NTEE: A690 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9.0M |
| Total Expenses | $1.9M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $8.0M |
| Transparency Score | 75/100 |
Is New York Youth Symphony Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
New York Youth Symphony Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About New York Youth Symphony Inc
New York Youth Symphony Inc (EIN: 136133041) is a nonprofit organization based in New York, NY, classified under NTEE code A690. The organization reported total revenue of $9.0M and total assets of $11.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New York Youth Symphony Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New York Youth Symphony Inc is a mid-size nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $1.9M |
| Surplus / Deficit | $-165,001 |
| Total Assets | $9.4M |
| Total Liabilities | $1.4M |
| Net Assets | $8.0M |
| Operating Margin | -9.4% |
| Debt-to-Asset Ratio | 15.1% |
| Months of Reserves | 58.7 months |
Financial Health Grade: B
In 2023, New York Youth Symphony Inc reported a deficit of $165K with expenses exceeding revenue, holds 58.7 months of operating reserves (strong position), has a debt-to-asset ratio of 15.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), New York Youth Symphony Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.4% | +33.0% | +21.5% |
| 2022 | +19.1% | +25.2% | -10.4% |
| 2021 | -27.0% | -9.6% | +18.2% |
| 2020 | +24.5% | -16.0% | +10.7% |
| 2019 | +51.5% | +28.0% | +10.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New York Youth Symphony Inc with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, New York Youth Symphony Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $165K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an entity with annual revenues typically exceeding $1 million. This suggests either a fully volunteer executive leadership or that executive salaries are categorized under other expense lines, which could obscure the true cost of leadership.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of New York Youth Symphony Inc's IRS 990 filings:
- Consistent 0% reported officer compensation, which is atypical for an organization of this size.
- Significant increase in liabilities in the 2023 fiscal period without clear explanation in the provided data.
Strengths
The following positive indicators were identified for New York Youth Symphony Inc:
- Consistent revenue generation over a decade, demonstrating financial stability.
- Healthy growth in assets, increasing from $5.9 million in 2017 to $9.4 million in 2023.
- Low liabilities in most years, indicating prudent financial management.
- Long history of IRS 990 filings, showing commitment to regulatory compliance.
Frequently Asked Questions about New York Youth Symphony Inc
Is New York Youth Symphony Inc a legitimate charity?
New York Youth Symphony Inc (EIN: 136133041) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $9.0M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does New York Youth Symphony Inc spend its money?
New York Youth Symphony Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to New York Youth Symphony Inc tax-deductible?
New York Youth Symphony Inc is registered as a tax-exempt nonprofit (EIN: 136133041). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the New York Youth Symphony Inc CEO make?
New York Youth Symphony Inc's highest-compensated officer earns $1 annually. The organization reported $9.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of New York Youth Symphony Inc's spending goes to programs?
New York Youth Symphony Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does New York Youth Symphony Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), New York Youth Symphony Inc is above average for NTEE category A690 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is New York Youth Symphony Inc located?
New York Youth Symphony Inc is headquartered in New York, New York and files with the IRS under EIN 136133041. It is classified under NTEE code A690.
How many years of IRS 990 filings does New York Youth Symphony Inc have?
New York Youth Symphony Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $9.0M in total revenue.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation across all 13 filings is highly unusual and warrants further inquiry to understand how executive leadership is compensated or if it is entirely volunteer-based.
What caused the significant increase in liabilities in 2023 to $1,416,016?
While assets also grew, the jump in liabilities from $56,541 in 2022 to $1,416,016 in 2023 is a notable change that could indicate new debt, deferred revenue, or other obligations.
What is the breakdown of program, administrative, and fundraising expenses?
Without a detailed breakdown, it's difficult to precisely assess spending efficiency, though the overall financial health appears stable.
Filing History
IRS 990 filing history for New York Youth Symphony Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New York Youth Symphony Inc's revenue has grown by 34.3%, moving from $1.3M to $1.8M. Total assets increased by 140.6% over the same period, from $3.9M to $9.4M. Total functional expenses rose by 75.5%, from $1.1M to $1.9M. In its most recent filing year (2023), New York Youth Symphony Inc reported a deficit of $165K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $9.4M in assets (debt-to-asset ratio: 15.1%), resulting in net assets of $8.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $1.9M | $9.4M | $1.4M | — | View 990 |
| 2022 | $2.0M | $1.4M | $7.7M | $57K | — | View 990 |
| 2021 | $1.6M | $1.2M | $8.6M | $40K | — | View 990 |
| 2020 | $2.3M | $1.3M | $7.3M | $134K | — | View 990 |
| 2019 | $1.8M | $1.5M | $6.6M | $41K | — | View 990 |
| 2018 | $1.2M | $1.2M | $6.0M | $44K | — | — |
| 2017 | $1.0M | $1.2M | $5.9M | $69K | — | View 990 |
| 2016 | $1.1M | $1.2M | $5.8M | $80K | — | View 990 |
| 2015 | $1.3M | $1.1M | $5.9M | $89K | — | View 990 |
| 2014 | $1.1M | $1.1M | $6.3M | $86K | — | View 990 |
| 2013 | $1.1M | $1.1M | $5.8M | $169K | — | View 990 |
| 2012 | $2.5M | $1.1M | $5.6M | $153K | — | View 990 |
| 2011 | $1.3M | $1.1M | $3.9M | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $1.9M, and assets of $9.4M (revenue -10.4% year-over-year).
- 2022: Revenue of $2.0M, expenses of $1.4M, and assets of $7.7M (revenue +19.1% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.2M, and assets of $8.6M (revenue -27.0% year-over-year).
- 2020: Revenue of $2.3M, expenses of $1.3M, and assets of $7.3M (revenue +24.5% year-over-year).
- 2019: Revenue of $1.8M, expenses of $1.5M, and assets of $6.6M (revenue +51.5% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.2M, and assets of $6.0M (revenue +16.6% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.2M, and assets of $5.9M (revenue -6.8% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.2M, and assets of $5.8M (revenue -15.0% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.1M, and assets of $5.9M (revenue +18.0% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.1M, and assets of $6.3M (revenue +0.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $5.8M (revenue -56.4% year-over-year).
- 2012: Revenue of $2.5M, expenses of $1.1M, and assets of $5.6M (revenue +91.9% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.1M, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New York Youth Symphony Inc:
Data Sources and Methodology
This transparency report for New York Youth Symphony Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.