Civic Intelligence

Carolina Youth Symphony

990 • Fiscal year 2018 • EIN 57-0638017

Jul 01, 2017 to Jun 30, 2018 • Filed on May 07, 2018

PO Box 534Greenville, SC 29602-0534

(864) 232-3963

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Net Margin

80th percentile

24%

Higher net margin than 80% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

57th percentile

$27,295

Higher top officer pay than 57% of similar nonprofits.

Top officer pay equals 10.6% of source-year revenue.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2018

Asset Growth

54th percentile

3.1%

Faster asset growth than 54% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

83rd percentile

38%

Faster revenue growth than 83% of similar nonprofits.

2018 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2017 to 2018

Assets

Up

$541,790

Up $16,209 (+3.1%) from 2017

Net Assets

Up

$541,790

Up $16,209 (+3.1%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue

Up

$257,546

Up $71,004 (+38%) from 2017

Expenses

Up

$195,998

Up $19,194 (+11%) from 2017

Net Income

Up

$61,548

Up $51,810 (+532%) from 2017

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $399,588Liabilities 2011: $0Net Assets 2011: $399,5882011Assets 2012: $385,862Liabilities 2012: $0Net Assets 2012: $385,8622012Assets 2013: $424,168Liabilities 2013: $0Net Assets 2013: $424,1682013Assets 2014: $494,569Liabilities 2014: $0Net Assets 2014: $494,5692014Assets 2015: $498,116Liabilities 2015: $0Net Assets 2015: $498,1162015Assets 2016: $465,585Liabilities 2016: $0Net Assets 2016: $465,5852016Assets 2017: $525,581Liabilities 2017: $0Net Assets 2017: $525,5812017Assets 2018: $541,790Liabilities 2018: $0Net Assets 2018: $541,7902018Assets 2019: $495,061Liabilities 2019: $0Net Assets 2019: $495,0612019Assets 2020: $526,181Liabilities 2020: $20,001Net Assets 2020: $506,1802020Assets 2021: $665,746Liabilities 2021: $0Net Assets 2021: $665,7462021Assets 2022: $586,674Liabilities 2022: $0Net Assets 2022: $586,6742022Assets 2023: $614,372Liabilities 2023: $0Net Assets 2023: $614,3722023Assets 2024: $650,983Liabilities 2024: $0Net Assets 2024: $650,9832024

Highlighted filing

2018

Assets$541,790
Liabilities$0
Net Assets$541,790

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2011: $150,215Expenses 2011: $137,072Net Income 2011: $13,1432011Expenses 2012: $147,1472012Expenses 2013: $339,8912013Revenue 2014: $192,346Expenses 2014: $156,647Net Income 2014: $35,6992014Revenue 2015: $210,169Expenses 2015: $169,074Net Income 2015: $41,0952015Revenue 2016: $373,980Expenses 2016: $384,039Net Income 2016: -$10,0592016Revenue 2017: $186,542Expenses 2017: $176,804Net Income 2017: $9,7382017Revenue 2018: $257,546Expenses 2018: $195,998Net Income 2018: $61,5482018Revenue 2019: $389,316Expenses 2019: $454,318Net Income 2019: -$65,0022019Revenue 2020: $195,688Expenses 2020: $190,294Net Income 2020: $5,3942020Revenue 2021: $208,369Expenses 2021: $136,919Net Income 2021: $71,4502021Revenue 2022: $310,029Expenses 2022: $186,258Net Income 2022: $123,7712022Revenue 2023: $392,246Expenses 2023: $410,022Net Income 2023: -$17,7762023Revenue 2024: $221,865Expenses 2024: $236,154Net Income 2024: -$14,2892024

Highlighted filing

2018

Revenue$257,546
Expenses$195,998
Net Income$61,548
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 7, 2018
Return Version
2017v2.3
Gross Receipts
$562,495
Mission and Program Overview

Mission

Carolina youth symphony provides professional training to young students and gives these students the opportunity to perform several public concerts throughout the year.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$455,928$470,321▲ $14,393
Cash and Non-Interest-Bearing Accounts$69,653$64,970▼ $4,683
Prepaid Expenses and Deferred Charges-$6,379-
Accounts Receivable-$120-
Total Assets$525,581$541,790▲ $16,209
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$525,581$541,790▲ $16,209
Total Net Assets Fund Balance$525,581$541,790▲ $16,209
Total Liabilities and Net Assets / Fund Balance$525,581$541,790▲ $16,209

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$455,928-▲ $131,685$22,600$470,321
2016$398,060-▲ $61,639-$455,928
2015$421,818-▼ $5,146$15,000$398,060
2014$412,938$1,776▲ $12,592$1,772$421,818
2013$357,864-▲ $58,533-$412,938
Compensation and Service Providers

Employees

NameTitleBaseTotal
Lee ElmoreExecutive Di$27,295$27,295

Board Members and Trustees

NameTitle
Wade Kolb IiiPresident
Bob ChesebroConductor Em
Mark SweeneyFundraising
Rip Van RipperFundraising
Howard EinsteinFundraising/
Donald DuncanLong Range P
Donald LundquistLong Range P
Cheryl CowartMarketing
John HeeneyParent Guild
Kathryn HeeneyParent Guild
Deborah GavronPublic Relat
Kyley MillerRisk Managem
Randy ClarkSecratary
Pete TiffanyTreasurer
Susan RobbinsVice Preside
Barbara CookeWebsite Upda
Revenue and Support

Revenue Composition

Contributions and Grants
$45,547
Program Service Revenue
$116,472
Investment Income
$86,923
Other Revenue
$8,604
All Other Contributions
$31,367
Change in Net Assets
$61,548
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$104,757
Other Expenses$87,099
Total Fundraising Expense$19,442
Grants and Similar Amounts Paid$4,142
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,469$2,347$469$70,285
Current Officers, Directors, Trustees, and Key Employees$19,107$1,364$6,824$27,295
Occupancy$15,171$1,084$5,418$21,673
Fees for Services Other$7,356$39$196$7,591
All Other Expenses$6,307$168$842$7,317
Office Expenses$5,073$362$1,813$7,248
Payroll Taxes$5,024$359$1,794$7,177
Fees for Service Investment Mgmnt Fees$3,214$230$1,148$4,592
Grants to Domestic Individuals$4,142--$4,142
Other Expenses$2,600--$2,600
Information Technology$2,271--$2,271
Advertising$1,291$92$461$1,844
Insurance$642$46$230$918
Fees for Services Accounting$454$33$163$650
Conferences and Meetings$234$17$84$335
Total Functional Expenses$170,415$6,141$19,442$195,998
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$13,263
Fundraising Direct Expenses$4,498
Professional Fundraising Fees$0
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
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
Yes
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, Page 6, Part VI, Line 11B

The form is supplied to the board via email for review before the form is filed.

Form 990, Page 6, Part VI, Line 12C

Conflict of interest statements are updated annually.

Form 990, Page 6, Part VI, Line 15A

All compensation decisions are subject to approval by the organization's board of directors.

Form 990, Page 6, Part VI, Line 15B

All compensation decisions are subject to approval by the organization's board of directors.

Form 990, Page 6, Part VI, Line 19

Documents are available on the guidestar website. Documents are also available to the public upon written request.

Filing and Contact Details

Filer

Filer Name
Carolina Youth Symphony
EIN
57-0638017
Phone
8642323963
Address
PO BOX 534, GREENVILLE, SC 29602-0534

Signing Officer

Name
Lee Elmore
Title
Executive Director
Phone
8642330590
Signed
2018-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Lee Elmore
Legal Domicile
Sc
Voting Board Members
16
Independent Board Members
16
Employees
5

Preparer

Firm
Dan Livengood CPA
Address
PO BOX 1, SLATER, SC 29683
Preparer
Daniel E Livengood
Phone
8648363136
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

Funds in the endowment are used to support the organization in its stated mission.

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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt08765
IRS990/NetIncomeOrLossGrp/ExclusionAmt0-161
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt0-161
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IRS990/OccupancyGrp/FundraisingAmt05418
IRS990/OccupancyGrp/ManagementAndGeneralAmt01084
IRS990/OccupancyGrp/ProgramServicesAmt015171
IRS990/OccupancyGrp/TotalAmt021673
IRS990/OfficeExpensesGrp/FundraisingAmt01813
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0362
IRS990/OfficeExpensesGrp/ProgramServicesAmt05073
IRS990/OfficeExpensesGrp/TotalAmt07248
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IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0MUSIC CAMP
IRS990/OtherExpensesGrp/Desc1AUDITIONS
IRS990/OtherExpensesGrp/Desc2CONCERT STUDENT FOOD
IRS990/OtherExpensesGrp/Desc3SHEET MUSIC
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IRS990/OtherExpensesGrp/ProgramServicesAmt14457
IRS990/OtherExpensesGrp/ProgramServicesAmt22812
IRS990/OtherExpensesGrp/ProgramServicesAmt32600
IRS990/OtherExpensesGrp/TotalAmt022791
IRS990/OtherExpensesGrp/TotalAmt14457
IRS990/OtherExpensesGrp/TotalAmt22812
IRS990/OtherExpensesGrp/TotalAmt32600
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0469
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt02347
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt067469
IRS990/OtherSalariesAndWagesGrp/TotalAmt070285
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt01794
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt0359
IRS990/PayrollTaxesGrp/ProgramServicesAmt05024
IRS990/PayrollTaxesGrp/TotalAmt07177
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06379
IRS990/PrincipalOfficerNm0LEE ELMORE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0PSR - REGISTRATION FEES
IRS990/ProgramServiceRevenueGrp/Desc1PSR - TICKET SALES
IRS990/ProgramServiceRevenueGrp/Desc2PSR - MUSIC CAMP
IRS990/ProgramServiceRevenueGrp/Desc3CARNEGIE HALL RECEIPTS
IRS990/ProgramServiceRevenueGrp/Desc4AUDITION FEES
IRS990/ProgramServiceRevenueGrp/ExclusionAmt02000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt068994
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt119318
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt217510
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt37350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt068994
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt119318
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt217510
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt37350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt42000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/ReconcilationRevenueExpnssAmt061548
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0116472
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt045547
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt045547
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt08602
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08602
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0114472
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0114472
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt021170
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt021170
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt08602
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08602
IRS990ScheduleA/InvestmentIncomeCYPct00.05000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/CurrentTaxYearAmt01000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.94970
IRS990ScheduleA/PublicSupportTotal509Amt0181189
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0181189
IRS990ScheduleA/Total509Grp/TotalAmt0181189
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0190791
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0190791
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt04592
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0455928
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0470321
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0131685
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt022600
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt03771
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0398060
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0455928
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt061639
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/AdministrativeExpensesAmt03612
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0421818
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0398060
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-5146
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt015000
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/AdministrativeExpensesAmt03716
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0412938
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt01776
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0421818
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt012592
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt01772
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/AdministrativeExpensesAmt03459
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0357864
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0412938
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt058533
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNDS IN THE ENDOWMENT ARE USED TO SUPPORT THE ORGANIZATION IN ITS STATED MISSION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM IS SUPPLIED TO THE BOARD VIA EMAIL FOR REVIEW BEFORE THE FORM IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1CONFLICT OF INTEREST STATEMENTS ARE UPDATED ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL COMPENSATION DECISIONS ARE SUBJECT TO APPROVAL BY THE ORGANIZATION'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL COMPENSATION DECISIONS ARE SUBJECT TO APPROVAL BY THE ORGANIZATION'S BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DOCUMENTS ARE AVAILABLE ON THE GUIDESTAR WEBSITE. DOCUMENTS ARE ALSO AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0SC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0true
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0525581
IRS990/TotalAssetsEOYAmt0541790
IRS990/TotalAssetsGrp/BOYAmt0525581
IRS990/TotalAssetsGrp/EOYAmt0541790
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt045547

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.51$0.00$6.51$2.22$2.36$0.14
2023Detailed filing. Detailed filing data is available for this year.$6.14$0.00$6.14$3.92$4.10$0.18
2022Detailed filing. Detailed filing data is available for this year.$5.87$0.00$5.87$3.10$1.86$1.24
2021Detailed filing. Detailed filing data is available for this year.$6.66$0.00$6.66$2.08$1.37$0.71
2020Detailed filing. Detailed filing data is available for this year.$5.26$0.20$5.06$1.96$1.90$0.05
2019Detailed filing. Detailed filing data is available for this year.$4.95$0.00$4.95$3.89$4.54$0.65
2018Detailed filing. Detailed filing data is available for this year.$5.42$0.00$5.42$2.58$1.96$0.62
2017Detailed filing. Detailed filing data is available for this year.$5.26$0.00$5.26$1.87$1.77$0.10
2016Detailed filing. Detailed filing data is available for this year.$4.66$0.00$4.66$3.74$3.84$0.10
2015Detailed filing. Detailed filing data is available for this year.$4.98$0.00$4.98$2.10$1.69$0.41
2014Detailed filing. Detailed filing data is available for this year.$4.95$0.00$4.95$1.92$1.57$0.36
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.24$0.00$4.24$3.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.86$0.00$3.86$1.47
2011Summary only. Only limited summary data is available for this year.$4.00$0.00$4.00$1.50$1.37$0.13