Civic Intelligence

Madison Youth Choirs Inc

EIN 23-7396580 • 501(c)3 • Madison, WI

Profile

Madison youth choirs creates a community of young musicians dedicated to musical excellence through which we inspire enjoyment, enhance education, and nurture personal, musical, and social development by the study and performance of high-quality and diverse choral literature.

1055 E Mifflin StreetMadison, WI 53703

www.madisonyouthchoirs.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

63rd percentile

0.06x

Higher debt load relative to assets than 63% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

69th percentile

0.10x

Higher debt load relative to revenue than 69% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

56th percentile

7.5%

Higher net margin than 56% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

37th percentile

-1.3%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

28th percentile

-6.7%

Faster revenue growth than 28% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$1,113,411

Up $149,685 (+16%) from 2023

Liabilities

Up

$53,840

Up $12,273 (+30%) from 2023

Net Assets

Up

$1,059,571

Up $137,412 (+15%) from 2023

Revenue

Down

$739,053

Down $89,649 (-11%) from 2023

Expenses

Down

$634,003

Down $13,331 (-2.1%) from 2023

Net Income

Down

$105,050

Down $76,318 (-42%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $172,773Liabilities 2010: $46,155Net Assets 2010: $126,6182010Assets 2011: $236,271Liabilities 2011: $39,209Net Assets 2011: $197,0622011Assets 2012: $241,369Liabilities 2012: $37,023Net Assets 2012: $204,3462012Assets 2013: $286,778Liabilities 2013: $38,595Net Assets 2013: $248,1832013Assets 2014: $546,054Liabilities 2014: $287,421Net Assets 2014: $258,6332014Assets 2015: $302,774Liabilities 2015: $43,949Net Assets 2015: $258,8252015Assets 2016: $711,894Liabilities 2016: $280,956Net Assets 2016: $430,9382016Assets 2017: $484,459Liabilities 2017: $36,921Net Assets 2017: $447,5382017Assets 2018: $729,695Liabilities 2018: $253,714Net Assets 2018: $475,9812018Assets 2019: $478,064Liabilities 2019: $40,593Net Assets 2019: $437,4712019Assets 2020: $493,374Liabilities 2020: $76,923Net Assets 2020: $416,4512020Assets 2021: $799,976Liabilities 2021: $79,566Net Assets 2021: $720,4102021Assets 2022: $789,636Liabilities 2022: $50,893Net Assets 2022: $738,7432022Assets 2023: $963,726Liabilities 2023: $41,567Net Assets 2023: $922,1592023Assets 2024: $1,113,411Liabilities 2024: $53,840Net Assets 2024: $1,059,5712024

Highlighted filing

2024

Assets$1,113,411
Liabilities$53,840
Net Assets$1,059,571

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2010: $322,804Expenses 2010: $291,713Net Income 2010: $31,0912010Expenses 2011: $314,9612011Expenses 2012: $344,1942012Expenses 2013: $369,3192013Revenue 2014: $371,731Expenses 2014: $391,255Net Income 2014: -$19,5242014Revenue 2015: $673,000Expenses 2015: $683,698Net Income 2015: -$10,6982015Revenue 2016: $608,642Expenses 2016: $431,541Net Income 2016: $177,1012016Revenue 2017: $667,390Expenses 2017: $678,895Net Income 2017: -$11,5052017Revenue 2018: $445,099Expenses 2018: $437,450Net Income 2018: $7,6492018Revenue 2019: $624,425Expenses 2019: $668,962Net Income 2019: -$44,5372019Revenue 2020: $442,224Expenses 2020: $448,312Net Income 2020: -$6,0882020Revenue 2021: $565,283Expenses 2021: $311,743Net Income 2021: $253,5402021Revenue 2022: $527,206Expenses 2022: $487,846Net Income 2022: $39,3602022Revenue 2023: $828,702Expenses 2023: $647,334Net Income 2023: $181,3682023Revenue 2024: $739,053Expenses 2024: $634,003Net Income 2024: $105,0502024

Highlighted filing

2024

Revenue$739,053
Expenses$634,003
Net Income$105,050

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.05$1.06$0.74$0.63$0.11
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.04$0.92$0.83$0.65$0.18
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.79$0.05$0.74$0.53$0.49$0.04
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.80$0.08$0.72$0.57$0.31$0.25
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.08$0.42$0.44$0.45$0.01
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.48$0.04$0.44$0.62$0.67$0.04
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.25$0.48$0.45$0.44$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$0.04$0.45$0.67$0.68$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.71$0.28$0.43$0.61$0.43$0.18
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.04$0.26$0.67$0.68$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.55$0.29$0.26$0.37$0.39$0.02
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.04$0.25$0.37
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.24$0.04$0.20$0.34
2011XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.24$0.04$0.20$0.31
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.05$0.13$0.32$0.29$0.03
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Mar 16, 2022
Return Version
2020v4.2
Gross Receipts
$565,283
Mission and Program Overview

Mission

Madison youth choirs (myc) guides a community of youth in finding and sharing their voices through the study and performance of diverse choral music that enriches their hearts, minds, and lives. Myc's work inspires communities locally, regionally, and around the world to embrace the transformative power of choral performance. The organization is central to a vibrant youth arts culture in dane county, wisconsin.

Madison youth choirs inspires youth with a choral experience that fosters creativity, reflection, and the exploration of ideas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$41,729$235,741▲ $194,012
Savings and Temporary Cash Investments$206,540$186,671▼ $19,869
Accounts Receivable-$77,873-
Investments in Publicly Traded Securities-$5,675-
Land, Buildings, and Equipment, Net$3,357$1,849▼ $1,508
Total Assets$493,374$799,976▲ $306,602
Other Assets Total$241,748$292,167▲ $50,419
Liabilities
Other Liabilities$70,900$70,927▲ $27
Accounts Payable and Accrued Expenses$6,023$5,214▼ $809
Deferred Revenue-$3,425-
Total Liabilities$76,923$79,566▲ $2,643
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$416,451$720,410▲ $303,959
Total Net Assets Fund Balance$416,451$720,410▲ $303,959
Total Liabilities and Net Assets / Fund Balance$493,374$799,976▲ $306,602

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,849$103,760$105,609
Other Assets Org$292,167--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$241,748-▲ $64,317$10,227$292,167
2019$256,680-▼ $14,563-$241,748
2018$250,653-▲ $8,845-$256,680
2017$229,859-▲ $23,533-$250,653
2016$211,602-▲ $30,585$9,848$229,859
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael RossArtistic DirectorFT$71,144$71,144
Lynn HembelExecutive DirectorFT$61,738$61,738

Board Members and Trustees

NameTitle
Dan LyonsPast President
Laurie FellenzPresident
Teague MawerVice President
Arvina MartinDirector
Bob DinndorfDirector
Elizabeth Odders-whiteDirector
Jennifer LattisDirector
Kris RasmussenDirector
Michelle KruseDirector
Wendy WeilerDirector
Dan SinclairSecretary
David SchmiedickeTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$464,115
Program Service Revenue
$100,935
Investment Income
$131
Other Revenue
$102
All Other Contributions
$215,439
Change in Net Assets
$253,540
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$279,131
Total Fundraising Expense$50,175
Other Expenses$32,612
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$119,848$8,414$4,654$132,916
Other Salaries and Wages$86,214$11$39,579$125,804
Payroll Taxes$16,009$654$3,436$20,099
Office Expenses$5,897$274$1,437$7,608
Fees for Services Accounting-$5,500-$5,500
Insurance$4,140$1,036-$5,176
Information Technology$2,262$870$347$3,479
Occupancy$2,261$78$411$2,750
All Other Expenses$1,000$1,148-$2,148
Fees for Services Other-$1,868-$1,868
Depreciation Depletion$1,200$50$258$1,508
Other Expenses$668--$668
Other Employee Benefits$249$10$53$312
Total Functional Expenses$241,655$19,913$50,175$311,743
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Paycheck Protection Program Loan$70,927
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The prepared form 990 is reviewed by the executive director and reviewed and approved by the members of the governing body before the return is filed with the irs.

Form 990, Part VI, Section B, Line 12C

Annually all directors and management-level employees complete and sign a statement that provides information regarding their interests and those of their family members that could give rise to conflicts. The organization's management makes determinations of whether a conflict exists and reviews actual conflicts. Any person with a conflict is prohibited from participating in the governing body's deliberations and decisions in the transaction.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Madison Youth Choirs Inc
EIN
23-7396580
Phone
6082387464
Address
1055 E MIFFLIN STREET, MADISON, WI 53703

Signing Officer

Name
Lynn Hembel
Title
Executive Director
Phone
6082387464
Signed
2022-03-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lynn Hembel
Formed
1972
Legal Domicile
Wi
Voting Board Members
12
Independent Board Members
12
Employees
15
Volunteers
12

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PL STE 300, MADISON, WI 53713-4236
Preparer
Jason Stephens CPA
Phone
6082744020
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in beneficial interest in assets held by mcf 50,419.

Financial Statement Notes

PART V, LINE 4:

Madison youth choir's board of directors has designated net assets without donor restrictions as a general endowment fund to support the mission of madison youth choir, inc. Madison youth choir, inc. Has established three agency endowments; madison youth choirs endowment fund, carrel pray madison boy choir alumni endowment fund, and madison children's choir legacy fund, at madison community foundation.

Raw XML AppendixShowing 400 of 498 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MADISON YOUTH CHOIRS INSPIRES YOUTH WITH A CHORAL EXPERIENCE THAT FOSTERS CREATIVITY, REFLECTION, AND THE EXPLORATION OF IDEAS.
IRS990/AddressChangeInd0X
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IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01055 E MIFFLIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0MADISON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
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IRS990/CreditCounselingInd00
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IRS990/CYTotalRevenueAmt0565283
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IRS990/Desc0TUITION-BASED EDUCATIONAL PROGRAMMING - IN A TYPICAL YEAR, MYC EDUCATES OVER 500 YOUNG PEOPLE, AGES 7-18, THROUGH ELEVEN CHOIRS DELIVERING A COMPREHENSIVE MUSIC EDUCATION FOCUSED ON CRITICAL THINKING, "EXPERT NOTICING", AND NURTURING A LIFELONG APPRECIATION FOR THE ARTS. OUR 2020-21 SEASON, THOUGH DELIVERED VIRTUALLY DUE TO THE ONGOING COVID-19 PANDEMIC, CONTINUED THIS WORK. FROM OCTOBER 2020 - APRIL 2021, MYC HELD REHEARSALS VIRTUALLY, STUDYING OUR SEASON THEME ROOTED IN THE WORDS OF CIVIL RIGHTS MOVEMENT LEADER ELLA BAKER, "GIVE LIGHT, AND PEOPLE WILL FIND A WAY." THIS THEME FOCUSED ON THE MANY WAYS THAT MUSIC HAS ILLUMINATED THE PATH OUT OF DARKNESS THROUGHOUT HISTORY AND LED US TO LIVELY AND FASCINATING CONVERSATIONS WITH OUR STUDENTS. THIS EXPERIENCE WAS, IN THE WORDS OF ONE LONGTIME MYC PARENT, "IMMENSE AND SUSTAINING AND LED TO AN OVERWHELMINGLY JOYFUL REUNION WHEN OUR CHOIRS FINALLY MET IN PERSON AGAIN FOR TWO OUTDOOR REHEARSALS IN A VARIETY OF MADISON PARKS IN MAY 2021.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12ARTISTIC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13EXECUTIVE DIRECTOR
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IRS990/MissionDesc0MADISON YOUTH CHOIRS (MYC) INSPIRES YOUTH WITH A CHORAL EXPERIENCE THAT FOSTERS CREATIVITY, REFLECTION, AND THE EXPLORATION OF IDEAS.
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IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LYNN HEMBEL
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IRS990/ProgramServiceRevenueGrp/BusinessCd0611610
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IRS990/ProgramServiceRevenueGrp/Desc0TUITION AND OTHER FEES
IRS990/ProgramServiceRevenueGrp/Desc1CONCERTS AND APPEARANC
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IRS990/ProgSrvcAccomActy2Grp/Desc0COMMUNITY EDUCATION - MYC'S COMMUNITY EDUCATION PROGRAMS HAVE INCLUDED POPULAR IN-SCHOOL CHOIRS SERVING AN ECONOMICALLY DIVERSE GROUP OF STUDENTS IN THE MADISON METROPOLITAN SCHOOL DISTRICT; AN INTERGENERATIONAL CHOIR, JOINING THE VOICES OF TEENAGE MYC SINGERS WITH SENIOR RESIDENTS OF CAPITOL LAKES RETIREMENT COMMUNITY; CHORAL ENRICHMENT PROGRAMS, ENCOURAGING MUSICAL EXPLORATION FOR NEW SINGERS AT LUSSIER COMMUNITY EDUCATION CENTER, THE HMONG LANGUAGE AND CULTURAL ENRICHMENT SUMMER CAMP, AND ANNUAL SCHOOL AND COMMUNITY TOURS TO SCHOOLS AND RETIREMENT COMMUNITIES THROUGHOUT DANE COUNTY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0CONCERTS AND APPEARANCES - WE AGAIN HAD TO CANCEL IN-PERSON PERFORMANCES DURING THE 2020-2021 SEASON, BUT RECORDED SEVERAL AUDIO/VIDEO PERFORMANCES, INCLUDING VIRTUAL COLLABORATIONS WITH OUR COLLEAGUES AT MADISON SYMPHONY ORCHESTRA AND WISCONSIN PUBLIC RADIO. WE WERE FINALLY ABLE TO HOLD TWO IN-PERSON, MASKED, OUTDOOR REHEARSALS IN A VARIETY OF MADISON PARKS IN MAY 2021, AND IT WAS WONDERFUL TO HARMONIZE WITH OUR STUDENTS IN REAL LIFE ONCE AGAIN. FOR MANY FAMILIES, WEEKLY MYC REHEARSALS WERE A LIFELINE TO A PLACE OF JOYFUL LEARNING, COLLABORATION, AND SUPPORT.
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BENEFICIAL INTEREST IN ASSETS HELD BY MADISON COMMUNITY FOUNDATION
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PAYCHECK PROTECTION PROGRAM LOAN
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0MADISON YOUTH CHOIR'S BOARD OF DIRECTORS HAS DESIGNATED NET ASSETS WITHOUT DONOR RESTRICTIONS AS A GENERAL ENDOWMENT FUND TO SUPPORT THE MISSION OF MADISON YOUTH CHOIR, INC. MADISON YOUTH CHOIR, INC. HAS ESTABLISHED THREE AGENCY ENDOWMENTS; MADISON YOUTH CHOIRS ENDOWMENT FUND, CARREL PRAY MADISON BOY CHOIR ALUMNI ENDOWMENT FUND, AND MADISON CHILDREN'S CHOIR LEGACY FUND, AT MADISON COMMUNITY FOUNDATION.

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