Civic Intelligence

Sangamon Valley Youth Symphony

990EZ • Fiscal year 2018 • EIN 37-1239463

Jul 01, 2017 to Jun 30, 2018 • Filed on Aug 13, 2018

420 S 6th StSpringfield, IL 62701-1808

(217) 753-8000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

75th percentile

0.06x

Higher debt load relative to assets than 75% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

71st percentile

0.02x

Higher debt load relative to revenue than 71% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

52nd percentile

4.2%

Higher net margin than 52% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$46,911

No earlier filing loaded for comparison.

Net Assets

$43,881

No earlier filing loaded for comparison.

Liabilities

$3,030

No earlier filing loaded for comparison.

Revenue

$126,150

No earlier filing loaded for comparison.

Expenses

$120,796

No earlier filing loaded for comparison.

Net Income

$5,354

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60K$40K$20K$0Assets 2018: $46,911Liabilities 2018: $3,030Net Assets 2018: $43,8812018Assets 2019: $55,421Liabilities 2019: $10,733Net Assets 2019: $44,6882019

Highlighted filing

2018

Assets$46,911
Liabilities$3,030
Net Assets$43,881

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$150K$100K$50K$0Revenue 2018: $126,150Expenses 2018: $120,796Net Income 2018: $5,3542018Revenue 2019: $123,827Expenses 2019: $123,021Net Income 2019: $8062019

Highlighted filing

2018

Revenue$126,150
Expenses$120,796
Net Income$5,354
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Aug 13, 2018
Return Version
2017v2.3
Gross Receipts
$126,150
Mission and Program Overview

Mission

The sangamon valley youth symphony was created by concerned parents, music teachers and musicians to keep a student orchestra program alive in this community. In the early 1970s the springfield area schools eliminated all school orchestra programs. Without intervention, a new generation of youth would have experienced a serious void in the arts. Known initially as the springfield area youth symphony, the sangamon valley youth symphony has existed since then as a private, not-for-profit organization providing the only classical orchestral experience at the elementary and secondary levels in sangamon county. The svys continues to fulfill its mission by recently adding a starter strings program for very young grade school students, and an adult community orchestra to provide continuing musical opportunities for svys alumni and other community members. The mission of the sangamon valley youth symphony is: - to provide quality, diverse, rewarding and challenging musical experiences to its m

Program Services

DescriptionGrantsExpenses
FOUR SKILL LEVEL PERFORMANCE GROUPS (APPROXIMATELY 150 STUDENTS) PRACTICING WEEKLY AND PERFORMING TWICE DURING THE YEAR. STARTER STRINGS (APPROXIMATELY 140 STUDENTS) PRACTICING WEEKLY AND PERFORMING TWICE DURING THE YEAR. ADULT (COMMUNITY) ORCHESTRA (APPROXIMATELY 60 MEMBERS) PRACTICING WEEKLY AND PERFORMING TWICE DURING THE YEAR.-$66,480
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
PAUL SULLIVANPresidentPT$0--
JOHN MYERSTreasurer-$0--
PETER WISEDirector-$0--
JAMIE GREENWALDSecretary-$0--
DON DANIELSDirector-$0--
EVYN NEUMEISTERDirector-$0--
MARY LEUKINGDirec Tor-$0--
TRICIA BECKERDirectorPT$0--
JEAN TWEETMusic TeachePT$0--
GRETCHEN HARRISONOrchestra MaPT$0--
JASON HELFERDirector-$0--
RAJ MITRADirector-$0--
ALAN JEDLICKADirector-$0--
MICHAEL TUNGETTDirector-$0--
CHENOA ALAMUMusic Teache-$0--
DAVID PLATTMusic Direct-$0--
Filing and Contact Details

Filer

Filer Name
Sangamon Valley Youth Symphony
EIN
37-1239463
Phone
2177538000
Address
420 S 6TH ST, SPRINGFIELD, IL 62701-1808

Signing Officer

Name
John Myers
Title
Treasurer
Phone
2177538000
Signed
2018-08-13
Discuss with paid preparer
Yes

Preparer

Firm
Myers & Myers Cpas Ltd
Address
900 E 15TH ST, BEARDSTOWN, IL 62618-2273
Preparer
John W Myers Jr CPA
Phone
2173235166
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses concert programs 860 fundraising expenses 1,215 marketing 14 advertising 650 website fees 326 office supplies 1,428 copier fees 442 insurance 1,433 repairs to instruments 410 total 6,778

Form 990-ez, Part I, Line 20

PRIOR YEAR ADJUSTMENT 0

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 5,215 349 furniture & equipment 956 1,874 total 6,171 2,223

Form 990-ez, Part II, Line 26

Payroll taxes due 4,153 960 deferred income 845 2,070

Form 990-ez, Part III

The sangamon valley youth symphony was created by concerned parents, music teachers and musicians to keep a student orchestra program alive in this community. In the early 1970s the springfield area schools eliminated all school orchestra programs. Without intervention, a new generation of youth would have experienced a serious void in the arts. Known initially as the springfield area youth symphony, the sangamon valley youth symphony has existed since then as a private, not-for-profit organization providing the only classical orchestral experience at the elementary and secondary levels in sangamon county. The svys continues to fulfill its mission by recently adding a starter strings program for very young grade school students, and an adult community orchestra to provide continuing musical opportunities for svys alumni and other community members. The mission of the sangamon valley youth symphony is: - to provide quality, diverse, rewarding and challenging musical experiences to its members and to foster their total development by working with other youth of like talent and by active participation in the performance of the finest symphonic masterworks and chamber music of past and contemporary composers -to stimulate an interest in music and musical participation in all young people of all levels and backgrounds - to complement the music programs of their respective schools and communities by providing unique experiences to participating members the sangamon valley youth symphony seeks to fulfill this mission by providing: - rich musical, social, and cultural experiences for the students - a sound financial base for the organization - effective communications with students, parents, teachers, and community - strong outreach components - a responsible governing structure

Form 990-ez, Part III, Line 28

Four skill level performance groups (approximately 150 students) practicing weekly and performing twice during the year. Starter strings (approximately 140 students) practicing weekly and performing twice during the year. Adult (community) orchestra (approximately 60 members) practicing weekly and performing twice during the year.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES CONCERT PROGRAMS 860 FUNDRAISING EXPENSES 1,215 MARKETING 14 ADVERTISING 650 WEBSITE FEES 326 OFFICE SUPPLIES 1,428 COPIER FEES 442 INSURANCE 1,433 REPAIRS TO INSTRUMENTS 410 TOTAL 6,778
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 5,215 349 FURNITURE & EQUIPMENT 956 1,874 TOTAL 6,171 2,223
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL TAXES DUE 4,153 960 DEFERRED INCOME 845 2,070
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE SANGAMON VALLEY YOUTH SYMPHONY WAS CREATED BY CONCERNED PARENTS, MUSIC TEACHERS AND MUSICIANS TO KEEP A STUDENT ORCHESTRA PROGRAM ALIVE IN THIS COMMUNITY. IN THE EARLY 1970S THE SPRINGFIELD AREA SCHOOLS ELIMINATED ALL SCHOOL ORCHESTRA PROGRAMS. WITHOUT INTERVENTION, A NEW GENERATION OF YOUTH WOULD HAVE EXPERIENCED A SERIOUS VOID IN THE ARTS. KNOWN INITIALLY AS THE SPRINGFIELD AREA YOUTH SYMPHONY, THE SANGAMON VALLEY YOUTH SYMPHONY HAS EXISTED SINCE THEN AS A PRIVATE, NOT-FOR-PROFIT ORGANIZATION PROVIDING THE ONLY CLASSICAL ORCHESTRAL EXPERIENCE AT THE ELEMENTARY AND SECONDARY LEVELS IN SANGAMON COUNTY. THE SVYS CONTINUES TO FULFILL ITS MISSION BY RECENTLY ADDING A STARTER STRINGS PROGRAM FOR VERY YOUNG GRADE SCHOOL STUDENTS, AND AN ADULT COMMUNITY ORCHESTRA TO PROVIDE CONTINUING MUSICAL OPPORTUNITIES FOR SVYS ALUMNI AND OTHER COMMUNITY MEMBERS. THE MISSION OF THE SANGAMON VALLEY YOUTH SYMPHONY IS: - TO PROVIDE QUALITY, DIVERSE, REWARDING AND CHALLENGING MUSICAL EXPERIENCES TO ITS MEMBERS AND TO FOSTER THEIR TOTAL DEVELOPMENT BY WORKING WITH OTHER YOUTH OF LIKE TALENT AND BY ACTIVE PARTICIPATION IN THE PERFORMANCE OF THE FINEST SYMPHONIC MASTERWORKS AND CHAMBER MUSIC OF PAST AND CONTEMPORARY COMPOSERS -TO STIMULATE AN INTEREST IN MUSIC AND MUSICAL PARTICIPATION IN ALL YOUNG PEOPLE OF ALL LEVELS AND BACKGROUNDS - TO COMPLEMENT THE MUSIC PROGRAMS OF THEIR RESPECTIVE SCHOOLS AND COMMUNITIES BY PROVIDING UNIQUE EXPERIENCES TO PARTICIPATING MEMBERS THE SANGAMON VALLEY YOUTH SYMPHONY SEEKS TO FULFILL THIS MISSION BY PROVIDING: - RICH MUSICAL, SOCIAL, AND CULTURAL EXPERIENCES FOR THE STUDENTS - A SOUND FINANCIAL BASE FOR THE ORGANIZATION - EFFECTIVE COMMUNICATIONS WITH STUDENTS, PARENTS, TEACHERS, AND COMMUNITY - STRONG OUTREACH COMPONENTS - A RESPONSIBLE GOVERNING STRUCTURE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5FOUR SKILL LEVEL PERFORMANCE GROUPS (APPROXIMATELY 150 STUDENTS) PRACTICING WEEKLY AND PERFORMING TWICE DURING THE YEAR. STARTER STRINGS (APPROXIMATELY 140 STUDENTS) PRACTICING WEEKLY AND PERFORMING TWICE DURING THE YEAR. ADULT (COMMUNITY) ORCHESTRA (APPROXIMATELY 60 MEMBERS) PRACTICING WEEKLY AND PERFORMING TWICE DURING THE YEAR.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 28
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0371335583
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MYERS & MYERS CPAS LTD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0900 E 15TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BEARDSTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0IL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0626182273
ReturnHeader/PreparerPersonGrp/PhoneNum02173235166
ReturnHeader/PreparerPersonGrp/PreparationDt02018-08-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN W MYERS JR CPA
ReturnHeader/ReturnTs02018-08-21T10:09:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-07-01
ReturnHeader/TaxPeriodEndDt02018-06-30
ReturnHeader/TaxYr02017

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Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • <$500k nonprofits