Civic Intelligence

Wabash Valley Youth Symphony Inc

EIN 35-2140881 • 501(c)3 • West Lafayette, IN

Profile

The mission of wabash valley youth symphony is to provide a high quality musical experience for qualified young musicians and to give them an opportunity to perform. This experience will be enriching and beneficial to the community at large.

PO Box 2242West Lafayette, IN 47996

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

53rd percentile

3.0%

Higher net margin than 53% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

86th percentile

$13,000

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 24.3% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

59th percentile

2.3%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

23%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$73,243

Up $1,618 (+2.3%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$73,243

Up $1,618 (+2.3%) from 2023

Revenue

Up

$53,593

Up $9,983 (+23%) from 2023

Expenses

Up

$51,975

Up $19,403 (+60%) from 2023

Net Income

Down

$1,618

Down $9,420 (-85%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2020: $40,987Net Assets 2020: $40,9872020Assets 2021: $47,746Net Assets 2021: $47,7462021Assets 2022: $60,586Net Assets 2022: $60,5862022Assets 2023: $71,625Net Assets 2023: $71,6252023Assets 2024: $73,243Net Assets 2024: $73,2432024

Highlighted filing

2024

Assets$73,243
Liabilities-
Net Assets$73,243

Operations Trend

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

$60K$40K$20K$0Revenue 2020: $44,281Expenses 2020: $34,415Net Income 2020: $9,8662020Revenue 2021: $33,523Expenses 2021: $26,764Net Income 2021: $6,7592021Revenue 2022: $48,204Expenses 2022: $35,364Net Income 2022: $12,8402022Revenue 2023: $43,610Expenses 2023: $32,572Net Income 2023: $11,0382023Revenue 2024: $53,593Expenses 2024: $51,975Net Income 2024: $1,6182024

Highlighted filing

2024

Revenue$53,593
Expenses$51,975
Net Income$1,618

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2023 to Jul 31, 2024
Signed
Jan 15, 2025
Return Version
2023v6.0
Gross Receipts
$54,682
Mission and Program Overview

Mission

The mission of wabash valley youth symphony is to provide a high quality musical experience for qualified young musicians and to give them an opportunity to perform. This experience will be enriching and beneficial to the community at large.

Program Services

DescriptionGrantsExpenses
SEVENTY-FIVE STUDENTS PARTICIPATE IN APPROXIMATELY 40 WEEKLY REHEARSALS WHICH ARE TWO HOURS IN DURATION IN PREPARATION FOR THREE MAJOR CONCERTS. THE CUMULATIVE TOTAL OF APPROXIMATELY 6,000 REHEARSAL HOURS ARE UNDER THE DIRECTION OF PROFESSIONAL MUSICIANS. THE SYMPHONY PERFORMS FOR PARENTS AND FAMILY AS WELL AS MEMBERS OF THE COMMUNITY AT LARGE. THE CONCERTS ARE PERFORMED FREE OF CHARGE AND THE PERFORMANCES ARE OPEN TO THE PUBLIC. THEY ALSO PERFORM SEVERAL SMALLER CONCERTS DURING THE YEAR AT SENIOR CITIZENS HOMES AND THESE PERFORMANCES REACH HUNDREDS OF RESIDENTS.-$50,861
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS WILDArtistic DirectorPT$13,000-$13,000
CAROL LETCHERExecutive DiPT$6,850-$6,850
WESLEY MUIAssist ExecuPT$2,400-$2,400
CHRISTINA NEMCIK MONGOLDPresidentPT$0--
KEVIN LETCHERVice Preside-$0--
ABBY SNODGRASSTreasurerPT$0--
PAULA LEVERAGESecretary-$0--
DENISE ZIELINSKIPast Preside-$0--
HEATHER PETERSDirector-$0--
BRENT LAIDLERDirector-$0--
THOMAS BERRYHILLDirector-$0--
KRISTEN BELLISARIODirector-$0--
JENNIFER JIMDirector-$0--
ADAM BODONYPast Assista-$0--
Filing and Contact Details

Filer

Filer Name
Wabash Valley Youth Symphony Inc
EIN
35-2140881
Phone
8123614164
Address
PO BOX 2242, WEST LAFAYETTE, IN 47996

Signing Officer

Name
Abby Snodgrass
Title
Treasurer
Phone
7654911842
Signed
2025-01-15
Discuss with paid preparer
Yes

Preparer

Firm
Huth Thompson Llp
Address
PO BOX 970, LAFAYETTE, IN 47902-0970
Preparer
Kimberley R Morisette
Phone
7654285000
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

Miscellaneous income 89 total 89

Form 990-ez, Part I, Line 16

Expenses dues & subscriptions 860 training & technical assistan 96 liability insurance 1,428 auxillary players 2,700 stage manager 425 programs & promo 332 reception supplies 942 music purchase/rental 12,522 practice personnel & judg 3,730 miscellaneous expense 340 gifts 396 total 23,771

Form 990-ez, Part III

The mission of wabash valley youth symphony is to provide a high quality musical experience for qualified young musicians and to give them an opportunity to perform. This experience will be enriching and beneficial to the community at large.

Form 990-ez, Part III, Line 28

Seventy-five students participate in approximately 40 weekly rehearsals which are two hours in duration in preparation for three major concerts. The cumulative total of approximately 6,000 rehearsal hours are under the direction of professional musicians. The symphony performs for parents and family as well as members of the community at large. The concerts are performed free of charge and the performances are open to the public. They also perform several smaller concerts during the year at senior citizens homes and these performances reach hundreds of residents.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MISCELLANEOUS INCOME 89 TOTAL 89
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES DUES & SUBSCRIPTIONS 860 TRAINING & TECHNICAL ASSISTAN 96 LIABILITY INSURANCE 1,428 AUXILLARY PLAYERS 2,700 STAGE MANAGER 425 PROGRAMS & PROMO 332 RECEPTION SUPPLIES 942 MUSIC PURCHASE/RENTAL 12,522 PRACTICE PERSONNEL & JUDG 3,730 MISCELLANEOUS EXPENSE 340 GIFTS 396 TOTAL 23,771
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE MISSION OF WABASH VALLEY YOUTH SYMPHONY IS TO PROVIDE A HIGH QUALITY MUSICAL EXPERIENCE FOR QUALIFIED YOUNG MUSICIANS AND TO GIVE THEM AN OPPORTUNITY TO PERFORM. THIS EXPERIENCE WILL BE ENRICHING AND BENEFICIAL TO THE COMMUNITY AT LARGE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3SEVENTY-FIVE STUDENTS PARTICIPATE IN APPROXIMATELY 40 WEEKLY REHEARSALS WHICH ARE TWO HOURS IN DURATION IN PREPARATION FOR THREE MAJOR CONCERTS. THE CUMULATIVE TOTAL OF APPROXIMATELY 6,000 REHEARSAL HOURS ARE UNDER THE DIRECTION OF PROFESSIONAL MUSICIANS. THE SYMPHONY PERFORMS FOR PARENTS AND FAMILY AS WELL AS MEMBERS OF THE COMMUNITY AT LARGE. THE CONCERTS ARE PERFORMED FREE OF CHARGE AND THE PERFORMANCES ARE OPEN TO THE PUBLIC. THEY ALSO PERFORM SEVERAL SMALLER CONCERTS DURING THE YEAR AT SENIOR CITIZENS HOMES AND THESE PERFORMANCES REACH HUNDREDS OF RESIDENTS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
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