Civic Intelligence

Sangamon Valley Youth Symphony

990EZ • Fiscal year 2019 • EIN 37-1239463

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 01, 2019

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

83rd percentile

0.19x

Higher debt load relative to assets than 83% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

82nd percentile

0.09x

Higher debt load relative to revenue than 82% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

43rd percentile

0.7%

Higher net margin than 43% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

82nd percentile

$15,305

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 12.4% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

70th percentile

18%

Faster asset growth than 70% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

45th percentile

-1.8%

Faster revenue growth than 45% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$55,421

Up $8,510 (+18%) from 2018

Net Assets

Up

$44,688

Up $807 (+1.8%) from 2018

Liabilities

Up

$10,733

Up $7,703 (+254%) from 2018

Revenue

Down

$123,827

Down $2,323 (-1.8%) from 2018

Expenses

Up

$123,021

Up $2,225 (+1.8%) from 2018

Net Income

Down

$806

Down $4,548 (-85%) from 2018

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

2019

Assets$55,421
Liabilities$10,733
Net Assets$44,688

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

2019

Revenue$123,827
Expenses$123,021
Net Income$806
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 1, 2019
Return Version
2018v3.1
Gross Receipts
$123,827
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.-$67,690
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JACKIE MITRAExecutive DiFT$15,305-$15,305
JEAN TWEETMusic TeachePT$6,425-$6,425
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--
GRETCHEN HARRISONOrchestra MaPT$0--
VANESSA FERGUSONVice Preside-$0--
RAJ MITRADirectorPT$0--
ALAN JEDLICKADirector-$0--
MICHAEL TUNGETTDirector-$0--
BILL ZIMMERDirector-$0--
BEKAH PHILBRICKDirector-$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
2019-08-01
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 1,256 fundraising expenses 221 advertising 1,620 website fees 15 office supplies 1,461 copier fees 304 operations - other 400 insurance 1,473 total 6,750

Form 990-ez, Part I, Line 20

PRIOR YEAR ADJUSTMENT 0

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 349 0 furniture & equipment 1,874 1,874 total 2,223 1,874

Form 990-ez, Part II, Line 26

Payroll taxes due 960 733 deferred income 2,070 10,000

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 1,256 FUNDRAISING EXPENSES 221 ADVERTISING 1,620 WEBSITE FEES 15 OFFICE SUPPLIES 1,461 COPIER FEES 304 OPERATIONS - OTHER 400 INSURANCE 1,473 TOTAL 6,750
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2PREPAID EXPENSES AND DEFERRED CHARGES 349 0 FURNITURE & EQUIPMENT 1,874 1,874 TOTAL 2,223 1,874
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PAYROLL TAXES DUE 960 733 DEFERRED INCOME 2,070 10,000
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/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/Filer/USAddress/AddressLine1Txt0420 S 6TH ST
ReturnHeader/Filer/USAddress/CityNm0SPRINGFIELD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0IL
ReturnHeader/Filer/USAddress/ZIPCd0627011808
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0F5658B61B24D3882C451F28FAC81841C241EE843
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0849ABFC3A6D19F61944A6B44D11A54A946F79BB7
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt024.52.155.155
ReturnHeader/FilingSecurityInformation/IPDt02019-08-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm009:21:17
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/PreparationDt02019-08-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN W MYERS JR CPA
ReturnHeader/ReturnTs02019-08-13T09:21:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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