Civic Intelligence

Peninsula Youth Orchestra

EIN 94-3372998 • 501(c)3 • Palo Alto, CA

Profile

The primary purpose of the organization is to provide musical and orchestral education for youths ages 6 to 18, to bring student instrumentalists together to learn, rehearse, and perform symphonic music in an educational setting.

1345 Martin AvePalo Alto, CA 94301

n/A

Siviq Scores

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

Liabilities / Assets

64th percentile

0.17x

Higher debt load relative to assets than 64% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

51st percentile

0.08x

Higher debt load relative to revenue than 51% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

36th percentile

-1.2%

Higher net margin than 36% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

9th percentile

-20%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

88th percentile

67%

Faster revenue growth than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$505,142

Down $127,855 (-20%) from 2023

Liabilities

Down

$86,467

Down $116,358 (-57%) from 2023

Net Assets

Down

$418,675

Down $11,497 (-2.7%) from 2023

Revenue

Up

$1,060,141

Up $426,523 (+67%) from 2023

Expenses

Up

$1,072,610

Up $502,594 (+88%) from 2023

Net Income

Down

-$12,469

Down $76,071 (-120%) from 2023

Trend Graphs

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $295,510Liabilities 2011: $91,475Net Assets 2011: $204,0352011Assets 2012: $365,856Liabilities 2012: $133,911Net Assets 2012: $231,9452012Assets 2013: $393,862Liabilities 2013: $140,351Net Assets 2013: $253,5112013Assets 2014: $431,766Liabilities 2014: $139,361Net Assets 2014: $292,4052014Assets 2015: $464,145Liabilities 2015: $156,186Net Assets 2015: $307,9592015Assets 2016: $490,180Liabilities 2016: $171,223Net Assets 2016: $318,9572016Assets 2017: $519,160Liabilities 2017: $191,673Net Assets 2017: $327,4872017Assets 2018: $558,986Liabilities 2018: $210,710Net Assets 2018: $348,2762018Assets 2019: $555,576Liabilities 2019: $195,455Net Assets 2019: $360,1212019Assets 2021: $480,907Liabilities 2021: $114,435Net Assets 2021: $366,4722021Assets 2022: $513,351Liabilities 2022: $147,316Net Assets 2022: $366,0352022Assets 2023: $632,997Liabilities 2023: $202,825Net Assets 2023: $430,1722023Assets 2024: $505,142Liabilities 2024: $86,467Net Assets 2024: $418,6752024

Highlighted filing

2024

Assets$505,142
Liabilities$86,467
Net Assets$418,675

Operations Trend

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

$1.5M$1.0M$500K$0-$500KExpenses 2011: $396,3462011Expenses 2012: $407,0082012Expenses 2013: $432,8062013Revenue 2014: $514,826Expenses 2014: $475,932Net Income 2014: $38,8942014Revenue 2015: $516,069Expenses 2015: $500,515Net Income 2015: $15,5542015Revenue 2016: $496,219Expenses 2016: $485,336Net Income 2016: $10,8832016Revenue 2017: $554,654Expenses 2017: $546,369Net Income 2017: $8,2852017Revenue 2018: $565,981Expenses 2018: $545,192Net Income 2018: $20,7892018Revenue 2019: $539,533Expenses 2019: $527,688Net Income 2019: $11,8452019Revenue 2021: $493,686Expenses 2021: $501,177Net Income 2021: -$7,4912021Revenue 2022: $519,856Expenses 2022: $518,977Net Income 2022: $8792022Revenue 2023: $633,618Expenses 2023: $570,016Net Income 2023: $63,6022023Revenue 2024: $1,060,141Expenses 2024: $1,072,610Net Income 2024: -$12,4692024

Highlighted filing

2024

Revenue$1,060,141
Expenses$1,072,610
Net Income-$12,469

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.51$0.09$0.42$1.06$1.07$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.63$0.20$0.43$0.63$0.57$0.06
2022Detailed filing. Detailed filing data is available for this year.$0.51$0.15$0.37$0.52$0.52$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.48$0.11$0.37$0.49$0.50$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.20$0.36$0.54$0.53$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.56$0.21$0.35$0.57$0.55$0.02
2017Detailed filing. Detailed filing data is available for this year.$0.52$0.19$0.33$0.55$0.55$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.49$0.17$0.32$0.50$0.49$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.46$0.16$0.31$0.52$0.50$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.14$0.29$0.51$0.48$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.39$0.14$0.25$0.43
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.13$0.23$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.09$0.20$0.40
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$1,060,141
Mission and Program Overview

Mission

The primary purpose of the organization is to provide musical and orchestral education for youths ages 6 to 18, to bring student instrumentalists together to learn, rehearse, and perform symphonic music in an educational setting.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$374,054$227,046▼ $147,008
Cash and Non-Interest-Bearing Accounts$93,012$94,657▲ $1,645
Land, Buildings, and Equipment, Net$5,672$9,792▲ $4,120
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$632,997$505,142▼ $127,855
Other Assets Total$160,259$173,647▲ $13,388
Liabilities
Deferred Revenue$202,825--
Other Liabilities-$86,467-
Total Liabilities$202,825$86,467▼ $116,358
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$430,172$418,675▼ $11,497
Total Net Assets Fund Balance$430,172$418,675▼ $11,497
Total Liabilities and Net Assets / Fund Balance$632,997$505,142▼ $127,855

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$4,031$59,825$63,856
Equipment$6,466$53,264$63,258
Leasehold Improvements$492$1,793$2,285
Buildings$-1,197$1,197-
Other Assets Org$159,586--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sara SalsburyPresidentFT$142,340$142,340

Board Members and Trustees

NameTitle
Helen DaltonChairman
Kathy BrendzaVice President
Derek StevensonDirector
Kristin KunzelmanDirector
Michael MacAvoyDirector
Nick CotterDirector
Ana HsuSecretary
Phil SalsburyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$214,125
Program Service Revenue
$836,118
Investment Income
$9,898
Other Revenue
$0
All Other Contributions
$214,125
Change in Net Assets
$-12,469
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$714,728
Salaries, Compensation, and Employee Benefits$357,882
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$189,417--$189,417
Current Officers, Directors, Trustees, and Key Employees$142,340--$142,340
Occupancy$121,435--$121,435
All Other Expenses$32,449--$32,449
Payroll Taxes$26,125--$26,125
Other Expenses$14,400--$14,400
Insurance$5,420--$5,420
Office Expenses$4,037--$4,037
Depreciation Depletion$2,405--$2,405
Total Functional Expenses$1,072,610$0$0$1,072,610
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
D'frd Grants$24,000
D'frd Member fees$22,270
D'frd Camp fees$20,050
D'frd Other$14,197
D'frd Donations$5,950
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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 A, Line 2

President/General Manager Sara Salsbury and Treasurer Phil salsbury are husband and wife. Both are directors and sara Salsbury is an employee.

Form 990, Part VI, Section A, Line 6

Members are defined in the bylaws as the parents or legal guardians of students who participate in any of the organization's orchestras

Form 990, Part VI, Section B, Line 11B

Before Form 990 is filed, the treasurer reviews and approves the return which has been prepared by an outside CPA. Before filing, copies are e-mailed to all board members. The return is also presented for review and discussion at the first regular board meeting following its filing.

Form 990, Part VI, Section B, Line 12C

At the beginning of each season outside counsel presents an overview of board members' legal responsibilities, including those covered by the organization's Conflict of Interest policy. Board members are then required to complete and sign an annual Conflict of Interest and Disclosure Statement which alerts the board to any possible conflicts of interest that may arise that season in the normal course of business.

Form 990, Part VI, Section B, Line 15A

Salaries of the President/General manager and of the Music Director are set by the board of directors each year as part of the annual budgeting process. The board reviews the salary history of each over the past several years. Data on salaries of comparable positions at similar organizations is gathered and reviewed, making use of informal contacts and official salary surveys available from industry associations. Salaries are set by the independent board members and the action documented in the board minutes of that meeting.

Form 990, Part VI, Section C, Line 19

Documents are made available to the public upon request. Copies of certain documents(bylaws) have been made available to our members from time to time. A summary of the annual financial statement is often presented at the annual meeting of members.

Filing and Contact Details

Filer

Filer Name
Peninsula Youth Orchestra
EIN
94-3372998
Phone
6503275983
Address
1345 MARTIN AVE, PALO ALTO, CA 94301

Signing Officer

Name
Phil Salsbury
Title
Treasurer
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Phil Salsbury
Formed
2000
Legal Domicile
CA
Voting Board Members
9
Independent Board Members
7
Employees
7
Volunteers
300

Preparer

Firm
Samuel E Arthur CPA
Address
1602 The Alameda Suite 104, San Jose, CA 95126
Preparer
Samuel E Arthur
Phone
4089712323
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

Conducted a 10 day peforming tour in Europe in June 2024. There was no European tour during the previous year. Membership fee income and expenses related to this tour add significantly (by approximately 100%) to Program Service Revenue and expenses, compared to non-tour years.

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IRS990/MissionDesc0The primary purpose of the organization is to provide musical and orchestral education for youths ages 6 to 18, to bring student instrumentalists together to learn, rehearse, and perform symphonic music in an educational setting.
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IRS990/OfficeExpensesGrp/TotalAmt04037
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IRS990/OperateHospitalInd0false
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IRS990/OtherExpensesGrp/Desc02024 tour expenses
IRS990/OtherExpensesGrp/Desc1Contract musicians
IRS990/OtherExpensesGrp/Desc2Executive search fees
IRS990/OtherExpensesGrp/Desc32023 camp expenses
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IRS990/OtherExpensesGrp/ProgramServicesAmt314400
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IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Phil Salsbury
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc02023 Camp fees
IRS990/ProgramServiceRevenueGrp/Desc12024 Tour member pmts
IRS990/ProgramServiceRevenueGrp/Desc2Member fees
IRS990/ProgramServiceRevenueGrp/Desc3Ticket sales
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IRS990/ReconcilationRevenueExpnssAmt0-12469
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0602
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt020417
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IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
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IRS990ScheduleA/InvestmentIncomePYPct00.00101
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IRS990ScheduleA/OtherIncome509Grp/TotalAmt0594981
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02213616
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IRS990ScheduleD/OtherAssetsOrgGrp/Desc0D'frd camp revenue
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0D'frd Camp fees
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1D'frd Donations
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2D'frd Grants
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3D'frd Member fees
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4D'frd Other
IRS990ScheduleD/TotalBookValueLandBuildingsAmt09792
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0173647
IRS990ScheduleD/TotalLiabilityAmt086467
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Conducted a 10 day peforming tour in Europe in June 2024. There was no European tour during the previous year. Membership fee income and expenses related to this tour add significantly (by approximately 100%) to Program Service Revenue and expenses, compared to non-tour years.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1President/General Manager Sara Salsbury and Treasurer Phil salsbury are husband and wife. Both are directors and sara Salsbury is an employee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Members are defined in the bylaws as the parents or legal guardians of students who participate in any of the organization's orchestras
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Before Form 990 is filed, the treasurer reviews and approves the return which has been prepared by an outside CPA. Before filing, copies are e-mailed to all board members. The return is also presented for review and discussion at the first regular board meeting following its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4At the beginning of each season outside counsel presents an overview of board members' legal responsibilities, including those covered by the organization's Conflict of Interest policy. Board members are then required to complete and sign an annual Conflict of Interest and Disclosure Statement which alerts the board to any possible conflicts of interest that may arise that season in the normal course of business.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Salaries of the President/General manager and of the Music Director are set by the board of directors each year as part of the annual budgeting process. The board reviews the salary history of each over the past several years. Data on salaries of comparable positions at similar organizations is gathered and reviewed, making use of informal contacts and official salary surveys available from industry associations. Salaries are set by the independent board members and the action documented in the board minutes of that meeting.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Documents are made available to the public upon request. Copies of certain documents(bylaws) have been made available to our members from time to time. A summary of the annual financial statement is often presented at the annual meeting of members.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section A, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section A, Line 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Section B, Line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Section C, Line 19

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