YOUTH ORCHESTRA CHINESE YOUTH CORPS OF NEW YORK INC

EIN: 113377137 501(c)(3) Arts, Culture & Humanities

BROOKLYN, NY

Total Revenue
$182,245
Total Expenses
$205,873
Total Assets
$89,024
Net Assets
$60,437
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Financial Vulnerability Assessment (Tuckman-Chang)

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Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
HSIU JUNG CHEN
Phone
9179128288
Tax Period
2024-07-01 to 2025-06-30

YOUTH ORCHESTRA CHINESE YOUTH CORPS OF NEW YORK INC, founded in 1997, is a small nonprofit in the Arts, Culture & Humanities sector that reported $182K in total revenue in fiscal year 2024. Expenses of $206K exceeded revenue, resulting in a 13% operating deficit.

Mission

TO PROVIDE ORCHESTRAL MUSIC EDUCATION AND PERFORMING EXPERIENCES TO YOUNG INSTRUMENTALISTS, AGES 11-18, RESIDING IN NEW YORK CITY WITH SPECIAL EMPHASIS ON WESTERN AND EASTERN REPERTORIES, INCLUDING CLASSICAL, JAZZ, POPULAR FILM AND ASIAN MUSIC.To promote orchestral music by conducting organized concerts and concert tours, such as performANCES GIVEN AT school, church, festival, music hall, AND VARIOUS community CENTERS, etc.

Program Service Accomplishments

Program 1
Expenses: $126,890 Revenue: $40,844

ANNUAL CONCERTS: ANNUAL CONCERT AT MAJOR VENUES INCLUDING ANNUAL FREE CONCERT PERFORMED DURING CHRISTMAS HOLIDAY. PERIODIC VISITATION CONCERTS SUCH AS OLD AGE HOMES, RETIREMENT HOMES AND...

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ANNUAL CONCERTS: ANNUAL CONCERT AT MAJOR VENUES INCLUDING ANNUAL FREE CONCERT PERFORMED DURING CHRISTMAS HOLIDAY. PERIODIC VISITATION CONCERTS SUCH AS OLD AGE HOMES, RETIREMENT HOMES AND REHABILITATION CENTERS.

Program 2
Expenses: $61,167 Revenue: $47,532

MUSIC EDUCATION, TRAINING, CLASSROOM TEACHING AND ASSISTANCE TO promising and gifted YOUNG MEN AND WOMEN (AGES 11 TO 18),TO PLAY INSTRUMENTS AND IMPROVE TECHNICAL INSTRUMENTAL SKILLS TAUGHT BY...

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MUSIC EDUCATION, TRAINING, CLASSROOM TEACHING AND ASSISTANCE TO promising and gifted YOUNG MEN AND WOMEN (AGES 11 TO 18),TO PLAY INSTRUMENTS AND IMPROVE TECHNICAL INSTRUMENTAL SKILLS TAUGHT BY VISITING PROFESSIONAL INSTRUCTORS.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $93,869
Program Service Revenue $88,376
Investment Income $0
Other Revenue $0
TOTAL REVENUE $182,245

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,900
Fundraising Expenses $0
Program Expenses $188,057
Other Expenses $192,973
TOTAL EXPENSES $205,873

Year-over-Year Comparison

2024 2023 Change
Revenue $182,245 $177,638 +0.0%
Expenses $205,873 $187,331 +0.1%
Net Income $-23,628 $-9,693 +1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
7
Independent Members
3
Employees
N/A
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$12,150
Total Directors
7
$25,150
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HSIU JUNG CHEN CEO & Art Dir. 12.00
Officer Director
$10,200 $0 $10,200
HSINYI HUANG Board Director 12.00
Director
$9,800 $0 $9,800
CHUNG-YUAN LIN Board Director 0.50
Director
$3,200 $0 $3,200
ChunSheng Chang Exec.Dir.&Secry 12.00
Officer Director
$1,950 $0 $1,950
MARGARET VEE Board Director 0.50
Director
$0 $0 $0
CELIA LIANG Treasurer 0.50
Officer Director
$0 $0 $0
RICHARD LIN Secretary 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $182,245 $205,873 $89,024 $-23,628
2024 $177,638 $187,331 $84,065 $-9,693
2023 $185,462 $202,837 $93,758 $-17,375
2022 $202,970 $189,370 $111,133 $13,600
2021 $71,686 $80,742 $98,583 $-9,056
2020 $118,774 $77,905 $125,449 $40,869
2019 $187,908 $179,945 $65,720 $7,963
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