EMPOWER YOUTH IN THE PERFORMING ARTS INC

EIN: 453131752 501(c)(3) Arts, Culture & Humanities

MOBILE, AL

Total Revenue
$572,906
Total Expenses
$587,372
Total Assets
$17,787
Net Assets
$17,787
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1980
Legal Domicile
AL
Principal Officer
LINDA GOODEN
Tax Period
2022-10-01 to 2023-09-30

EMPOWER YOUTH IN THE PERFORMING ARTS INC, founded in 1980, is a small nonprofit in the Arts, Culture & Humanities sector that reported $573K in total revenue in fiscal year 2022. Revenue surged 51% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE QUALITY MUSIC EDUCATION FOR YOUTH IN THE SOUTHEAST.

Program Service Accomplishments

Program 1
Expenses: $547,844 Revenue: $572,908

EMPOWERING YOUTH IS DEDICATED TO CONNECTING PEOPLE OF ALL AGES, CULTURES, SOCIAL AND ECONOMIC GROUPS, RACES, AND GENDERS OF ANY SEXUAL ORIENTATION, RELIGIOUS OR POLITICAL AFFILIATION THROUGH THE...

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EMPOWERING YOUTH IS DEDICATED TO CONNECTING PEOPLE OF ALL AGES, CULTURES, SOCIAL AND ECONOMIC GROUPS, RACES, AND GENDERS OF ANY SEXUAL ORIENTATION, RELIGIOUS OR POLITICAL AFFILIATION THROUGH THE COMMON THREADS OF ART, MUSIC AND THE PERFORMING ARTS. SOUTHWIND DRUM & BUGLE CORPS IS DEDICATED TO THE EDUCATION AND DEVELOPMENT OF YOUNG PEOPLE IN THE PERFORMING ARTS. THROUGH A POSITIVE LEARNING ENVIRONMENT AND UNIQUE PERFORMANCE OPPORTUNITIES, SOUTHWIND HELPS STUDENTS DEVELOP TEAMWORK, LEADERSHIP SKILLS, SELF-DISCIPLINE, CONFIDENCE, A STRONG WORK ETHIC, AND STRENGTH OF CHARACTER. DRUM AND BUGLE CORPS, WHICH STEMS FROM THE TRADITION OF MILITARY MARCHING UNITS, IS AN ACTIVITY THAT COMBINES HIGH LEVEL MUSICAL PERFORMANCE WITH THE PHYSICAL DEMANDS OF ATHLETES. THE GROUPS, WHICH CONSIST OF BRASS, PERCUSSION AND COLOR GUARD, COMPETE INTERNATIONALLY DURING SUMMER COMPETITIONS ALL OVER NORTH AMERICA THROUGH THE UMBRELLA OF DRUM CORPS INTERNATIONAL. LEADING UP TO COMPETITIONS, YOUTH PRACTICE THROUGHOUT THE WINTER AND SPRING UNTIL THE SUMMER, WHEN THEY BEGIN INTENSIVE REHEARSALS LEADING TO A COMPETITIVE TOUR. THE GROUP ALSO PERFORMS AT LOCAL VENUES TO SERVE AS AMBASSADORS FOR THE GULF COAST. EMPOWERING YOUTH IS PROUD TO PARTICIPATE IN THIS ACTIVITY KNOWN FOR STRENGTHENING CHARACTER, EDUCATING YOUTH AND BUILDING FUTURE COMMUNITY LEADERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $572,906
Investment Income $0
Other Revenue $0
TOTAL REVENUE $572,906

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $1,741
Program Expenses $547,844
Other Expenses $587,372
TOTAL EXPENSES $587,372

Year-over-Year Comparison

2022 2021 Change
Revenue $572,906 $380,362 +0.5%
Expenses $587,372 $411,289 +0.4%
Net Income $-14,466 $-30,927 -0.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

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Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
8
Independent Members
8
Employees
N/A
Volunteers
N/A

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
1
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEN AUSTIN PRESIDENT N/A
Director
$0 $0 $0
JAMES DEES DIRECTOR N/A
Director
$0 $0 $0
CHRIS GOLDSCHMIDT SECRETARY N/A
Director
$0 $0 $0
CHIP HANSEN DIRECTOR N/A
Director
$0 $0 $0
JEREMY JOHNSON VICE PRESIDE N/A
Director
$0 $0 $0
MELISSA LAVEY DIRECTOR N/A
Director
$0 $0 $0
TONY LAVEY PRESIDENT N/A
Director
$0 $0 $0
LINDA GOODEN TREASURER N/A
Officer
$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
2023 $572,906 $587,372 $17,787 $-14,466
2022 $380,362 $411,289 $32,262 $-30,927
2019 $461,873 $487,953 $34,857 $-26,080
2018 $366,855 $391,827 $50,553 $-24,972
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