Civic Intelligence

Milwaukee Youth Symphony Orchestra Inc

EIN 39-0973594 • 501(c)3 • Milwaukee, WI

View Organization Page

Profile

Milwaukee youth symphony orchestra (myso) nurtures, challenges, and inspires young minds through music, profoundly changing their lives and our community for the better.

325 W Walnut StMilwaukee, WI 53212

www.myso.org

Siviq Scores

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

Liabilities / Assets

24th percentile

0.03x

Higher debt load relative to assets than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

22nd percentile

0.06x

Higher debt load relative to revenue than 22% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

82nd percentile

32%

Higher net margin than 82% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

53rd percentile

$195,089

Higher top officer pay than 53% of similar nonprofits.

Top officer pay equals 3.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

81st percentile

19%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

93rd percentile

115%

Faster revenue growth than 93% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets24th percentile

Assets

Up

$11,778,354

Up $1,854,847 (+19%) from 2023

Liabilities

Down

$318,701

Down $625,943 (-66%) from 2023

Net Assets

Up

$11,459,653

Up $2,480,790 (+28%) from 2023

Operations
Liabilities / Revenue22nd percentileNet Margin82nd percentile

Revenue

Up

$5,651,398

Up $3,023,509 (+115%) from 2023

Expenses

Up

$3,824,732

Up $957,847 (+33%) from 2023

Net Income

Up

$1,826,666

Up $2,065,662 (+864%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth81st percentile

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

$15M$10M$5.0M$0Assets 2011: $5,804,742Liabilities 2011: $200,779Net Assets 2011: $5,603,9632011Assets 2012: $6,315,997Liabilities 2012: $457,337Net Assets 2012: $5,858,6602012Assets 2013: $6,490,937Liabilities 2013: $128,952Net Assets 2013: $6,361,9852013Assets 2014: $6,797,672Liabilities 2014: $181,594Net Assets 2014: $6,616,0782014Assets 2015: $6,667,320Liabilities 2015: $203,851Net Assets 2015: $6,463,4692015Assets 2016: $6,582,454Liabilities 2016: $193,534Net Assets 2016: $6,388,9202016Assets 2017: $8,078,643Liabilities 2017: $637,791Net Assets 2017: $7,440,8522017Assets 2018: $7,962,035Liabilities 2018: $267,582Net Assets 2018: $7,694,4532018Assets 2019: $8,513,432Liabilities 2019: $739,747Net Assets 2019: $7,773,6852019Assets 2020: $8,053,218Liabilities 2020: $309,351Net Assets 2020: $7,743,8672020Assets 2021: $9,958,210Liabilities 2021: $465,386Net Assets 2021: $9,492,8242021Assets 2022: $8,780,066Liabilities 2022: $264,607Net Assets 2022: $8,515,4592022Assets 2023: $9,923,507Liabilities 2023: $944,644Net Assets 2023: $8,978,8632023Assets 2024: $11,778,354Liabilities 2024: $318,701Net Assets 2024: $11,459,6532024

Highlighted filing

2024

Assets$11,778,354
Liabilities$318,701
Net Assets$11,459,653
Open 2024 Filing

Operations Trend

Revenue Growth93rd percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2011: $2,053,379Expenses 2011: $1,386,844Net Income 2011: $666,5352011Expenses 2012: $1,514,9572012Revenue 2013: $2,685,011Expenses 2013: $2,283,990Net Income 2013: $401,0212013Revenue 2014: $1,782,469Expenses 2014: $1,866,684Net Income 2014: -$84,2152014Revenue 2015: $3,005,551Expenses 2015: $2,569,155Net Income 2015: $436,3962015Revenue 2016: $2,060,793Expenses 2016: $1,952,000Net Income 2016: $108,7932016Revenue 2017: $2,730,279Expenses 2017: $2,129,624Net Income 2017: $600,6552017Revenue 2018: $3,076,591Expenses 2018: $2,725,781Net Income 2018: $350,8102018Revenue 2019: $2,346,687Expenses 2019: $2,348,690Net Income 2019: -$2,0032019Revenue 2020: $2,597,258Expenses 2020: $2,882,515Net Income 2020: -$285,2572020Revenue 2021: $2,491,222Expenses 2021: $2,362,300Net Income 2021: $128,9222021Revenue 2022: $3,374,542Expenses 2022: $2,673,427Net Income 2022: $701,1152022Revenue 2023: $2,627,889Expenses 2023: $2,866,885Net Income 2023: -$238,9962023Revenue 2024: $5,651,398Expenses 2024: $3,824,732Net Income 2024: $1,826,6662024

Highlighted filing

2024

Revenue$5,651,398
Expenses$3,824,732
Net Income$1,826,666
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$11,778,354
Liabilities
$318,701
Net assets
$11,459,653
Revenue
$5,651,398
Expenses
$3,824,732
Net income
$1,826,666
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$11.8$0.32$11.5$5.65$3.82$1.83
2023Detailed filing. Detailed filing data is available for this year.$9.92$0.94$8.98$2.63$2.87$0.24
2022Detailed filing. Detailed filing data is available for this year.$8.78$0.26$8.52$3.37$2.67$0.70
2021Detailed filing. Detailed filing data is available for this year.$9.96$0.47$9.49$2.49$2.36$0.13
2020Detailed filing. Detailed filing data is available for this year.$8.05$0.31$7.74$2.60$2.88$0.29
2019Detailed filing. Detailed filing data is available for this year.$8.51$0.74$7.77$2.35$2.35$0.00
2018Detailed filing. Detailed filing data is available for this year.$7.96$0.27$7.69$3.08$2.73$0.35
2017Detailed filing. Detailed filing data is available for this year.$8.08$0.64$7.44$2.73$2.13$0.60
2016Detailed filing. Detailed filing data is available for this year.$6.58$0.19$6.39$2.06$1.95$0.11
2015Detailed filing. Detailed filing data is available for this year.$6.67$0.20$6.46$3.01$2.57$0.44
2014Detailed filing. Detailed filing data is available for this year.$6.80$0.18$6.62$1.78$1.87$0.08
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.49$0.13$6.36$2.69$2.28$0.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.32$0.46$5.86$1.51
2011Summary only. Only limited summary data is available for this year.$5.80$0.20$5.60$2.05$1.39$0.67
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 12, 2025
Return Version
2023v6.0
Gross Receipts
$7,851,503
Mission and Program Overview

Mission

We nurture, challenge and inspire young minds through music, profoundly changing lives and our community for the better.

Milwaukee youth symphony orchestra (myso) nurtures, challenges, and inspires young minds through music, profoundly changing their lives and our community for the better.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$8,417,128$10,296,460▲ $1,879,332
Pledges and Grants Receivable$91,290$830,888▲ $739,598
Cash and Non-Interest-Bearing Accounts$303,971$240,265▼ $63,706
Land, Buildings, and Equipment, Net$172,345$160,740▼ $11,605
Investments Other Securities$106,707$134,538▲ $27,831
Prepaid Expenses and Deferred Charges$657,894$61,199▼ $596,695
Savings and Temporary Cash Investments$164,971$53,025▼ $111,946
Accounts Receivable$9,201$1,239▼ $7,962
Total Assets$9,923,507$11,778,354▲ $1,854,847
Liabilities
Deferred Revenue$914,978$261,283▼ $653,695
Accounts Payable and Accrued Expenses$29,666$57,418▲ $27,752
Total Liabilities$944,644$318,701▼ $625,943
Net Assets / Fund Balance
Net Assets With Donor Restrictions$5,914,780$8,111,454▲ $2,196,674
Net Assets Without Donor Restrictions$3,064,083$3,348,199▲ $284,116
Total Net Assets Fund Balance$8,978,863$11,459,653▲ $2,480,790
Total Liabilities and Net Assets / Fund Balance$9,923,507$11,778,354▲ $1,854,847

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$148,372$156,135$304,507
Other Land Buildings$12,368$37,729$50,097

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,554,327$1,699,966▲ $219,730-$3,468,353
2023$1,466,927-▲ $187,291-$1,554,327
2022$1,770,527$2,000▼ $300,435-$1,466,927
2021$1,375,084$300▲ $434,943-$1,770,527
2020$1,339,974$34,000▲ $43,091-$1,375,084
Compensation and Service Providers
Top Officer Pay53rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda EdelsteinChief Executive OfficerFT$152,966$42,123$195,089
Carter SimmonsArtistic DirectorFT$116,512$24,231$140,743
Tara KozikChief Financial OfficerFT$130,577$5,182$135,759

Board Members and Trustees

NameTitle
Amy CroenChair
Myra EdwardsChair-elect
Andrew SajdakDirector
Anitra RileyDirector
Barbara WanlessDirector
Brian Bear MdDirector
Dashal YoungDirector
Erik EisenmannDirector
Gregory KliebhanDirector
Jan WadeDirector
John HunzingerDirector
Julie SteinhafelDirector
Krista BrookmanDirector
Larry HisleDirector
Lauren VollrathDirector
Les WeilDirector
Lisa FroemmingDirector
Maribelli AyalaDirector
Mark GoldsteinDirector
Nathaniel K LynnDirector
Patricia a Ellis EddDirector
Rachel SelleyDirector
Richard BuchbandDirector
Rick WaltersDirector
Stephanie SeymourDirector
Timothy FrautschiDirector
Tino ArvanetesDirector
Jennifer MattesSecretary
Kris BestTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,705,159
Program Service Revenue
$1,648,674
Investment Income
$343,388
Other Revenue
$-45,823
All Other Contributions
$2,753,727
Change in Net Assets
$1,826,666

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded9$1,046,029Quoted Market Price
Other Non Cash Contri Table5$10,186Appraised Value
Total Noncash Contributions14$1,056,215-

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,631,128
Revenue Not Reported on Financial Statements
$20,270
Revenue Not Reported on Form 990
$330,253
Total Revenue per Audited Statements
$5,961,381
Total Revenue per Form 990
$5,651,398
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,964,022
Other Expenses$1,409,329
Grants and Similar Amounts Paid$451,381
Total Fundraising Expense$279,211
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,163,855$26,080$176,215$1,366,150
Grants to Domestic Individuals$451,381--$451,381
Occupancy$353,996$3,221$2,417$359,634
Current Officers, Directors, Trustees, and Key Employees$232,429$92,673$17,111$342,213
Payroll Taxes$102,550$8,722$14,199$125,471
Other Employee Benefits$86,697$7,373$12,004$106,074
Office Expenses$58,812$6,408$29,166$94,386
Advertising$43,677-$3,818$47,495
Fees for Services Other$27,826-$13,276$41,102
Insurance$37,069$975$975$39,019
Depreciation Depletion$31,971$1,083$1,729$34,783
Pension Plan Contributions$19,710$1,676$2,728$24,114
Fees for Service Investment Mgmnt Fees-$20,270-$20,270
Travel$12,104--$12,104
Fees for Services Accounting-$10,985-$10,985
All Other Expenses$9,629$626$716$10,971
Conferences and Meetings$394$3,216$4,682$8,292
Other Expenses$5,000$750$175$5,000
Total Functional Expenses$3,361,463$184,058$279,211$3,824,732

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$3,824,732
Total Expenses per Audited Statements$3,480,591
Expenses per Audited Statements$3,470,124
Expenses Not Reported on Financial Statements$354,608
Other Expense Adjustments$334,338
Expenses Not Reported on Form 990$10,467
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$87,574
Fundraising Gross Income$39,658
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Play Your Part$108,451-$733-
Pathways Concert and Auction$373,125$39,658$43,984$-4,326
Total Events$481,576$39,658$87,574$-47,916
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
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 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 officers complete and sign a statement that provides information regarding their interests and those of their family members that could give rise to conflicts. The members of the governing body make determinations of whether a conflict exists and review 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 B, Line 15A

“A committee of the governing body determines the executive director's compensation using data on compensation paid by comparable organizations for similar positions.”

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
Milwaukee Youth Symphony Orchestra Inc
EIN
39-0973594
Phone
4142672950
Address
325 W WALNUT ST, MILWAUKEE, WI 53212

Signing Officer

Name
Myra Edwards
Title
Board Chair
Phone
4142672950
Signed
2025-05-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Edelstein
Formed
1960
Legal Domicile
Wi
Voting Board Members
29
Independent Board Members
29
Employees
81
Volunteers
156

Preparer

Firm
Wegner Cpas Llp
Address
2921 LANDMARK PL STE 300, MADISON, WI 53713-4326
Preparer
Jenny Tarkowski CPA
Phone
6082744020
Supplemental Narrative

Financial Statement Notes

PART V, LINE 4:

“The organization's endowment funds are to be used to provide financial assistance to students of milwaukee youth symphony orchestra.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Scholarships reported on form 990, part ix, line 2 -334,338.”

PART XII, LINE 4B - OTHER ADJUSTMENTS:

“Scholarships reported on form 990, part ix, line 2 334,338.”

Raw XML AppendixShowing 400 of 794 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.

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IRS990/ActivityOrMissionDesc0MILWAUKEE YOUTH SYMPHONY ORCHESTRA (MYSO) NURTURES, CHALLENGES, AND INSPIRES YOUNG MINDS THROUGH MUSIC, PROFOUNDLY CHANGING THEIR LIVES AND OUR COMMUNITY FOR THE BETTER.
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IRS990/Desc0MYSO'S PROGRAMS FOSTER CRITICAL THINKING SKILLS, CREATIVITY, AND COLLABORATION THROUGH MORE THAN 40 ENSEMBLE AND ENRICHMENT OPTIONS RANGING FROM FULL SYMPHONY AND STRING ORCHESTRAS, JAZZ, AND STEEL BANDS TO MUSIC THEORY, COMPOSITION, AND INTERNATIONAL TOURING - PROVIDING HIGH QUALITY EDUCATIONAL AND MUSICAL EXPERIENCES FOR A WIDE RANGE OF SKILL LEVELS. MYSO'S REACH INCLUDES 6,000 STUDENTS AGES 8 - 18 FROM MORE THAN 200 SCHOOLS, 90 ZIP CODES, AND 14 COUNTIES IN SOUTHEASTERN WI AND NORTHERN IL ARE SERVED IN DIRECT TRAINING AND OUTREACH PROGRAMS.
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IRS990/Form990PartVIISectionAGrp/PersonNm15MARK GOLDSTEIN
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IRS990/Form990PartVIISectionAGrp/PersonNm28LAUREN VOLLRATH
IRS990/Form990PartVIISectionAGrp/PersonNm29MARIBELLI AYALA
IRS990/Form990PartVIISectionAGrp/PersonNm30NATHANIEL K LYNN
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt1ARTISTIC DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt3CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt4CHAIR-ELECT
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IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
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IRS990/MissionDesc0MILWAUKEE YOUTH SYMPHONY ORCHESTRA (MYSO) NURTURES, CHALLENGES, AND INSPIRES YOUNG MINDS THROUGH MUSIC, PROFOUNDLY CHANGING THEIR LIVES AND OUR COMMUNITY FOR THE BETTER.
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IRS990/NoncashContributionsAmt01056215
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