CENTRAL KENTUCKY YOUTH ORCHESTRA SOCIETY INC

EIN: 616027055 501(c)(3)

LEXINGTON, KY

Total Revenue
$565,711
Total Expenses
$553,211
Total Assets
$689,505
Net Assets
$679,670
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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
KY
Principal Officer
KIRSTEN CLINGERMAN
Phone
8592540796
Tax Period
2024-07-01 to 2025-06-30

CENTRAL KENTUCKY YOUTH ORCHESTRA SOCIETY INC, founded in 1972, is a small nonprofit that reported $566K in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE, IN COOPERATION WITH PUBLIC AND PRIVATE SCHOOLS, EQUITABLE ACCESS TO THE HIGHEST QUALITY MUSICAL OPPORTUNITIES AND TO FOSTER A LIFE- LONG LOVE OF MUSIC FOR DEDICATED YOUNG MUSICIANS. CKYO ENRICHES THE LIVES OF ITS STUDENT MEMBERS THROUGH A DYNAMIC CURRICULUM FOCUSED ON THE DEVELOPMENT OF MUSICAL EXCELLENCE AT ALL LEVELS OF EXPERIENCE, AND SEEKS OUT STRATEGIC PARTNERSHIPS TO ENSURE ITS RESPONSIVENESS TO THE NEEDS OF THE COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $203,644 Revenue: $145,972

AUDITION-BASED ORCHESTRAS - MUSICAL ENSEMBLES THAT REQUIRE STUDENTS TO PASS AN AUDITION, MEET A CERTAIN MUSICAL LEVEL, AND PAY TUITION FOR PARTICIPATION. ENSEMBLES ARE COMPETITIVE AND PERFORM AT A...

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AUDITION-BASED ORCHESTRAS - MUSICAL ENSEMBLES THAT REQUIRE STUDENTS TO PASS AN AUDITION, MEET A CERTAIN MUSICAL LEVEL, AND PAY TUITION FOR PARTICIPATION. ENSEMBLES ARE COMPETITIVE AND PERFORM AT A VERY HIGH LEVEL OF MUSICAL EXCELLENCE, MORE ADVANCED THAN WHAT LOCAL PUBLIC AND PRIVATE SCHOOL ENSEMBLES PROVIDE. STUDENTS MEET WEEKLY FOR REHEARSALS AND PERFORM 3 MAINSTAGE CONCERTS EACH SCHOOL YEAR. OPPORTUNITIES FOR CHAMBER ENSEMBLES, MASTERCLASSES, AND TRAVEL ARE AVAILABLE TO STUDENTS IN THESE ENSEMBLES TO FURTHER ENHANCE THEIR MUSICAL EDUCATION. SCHOLARSHIPS ARE PROVIDED TO ANY STUDENT WHO NEEDS FINANCIAL ASSISTANCE BY APPLICATION TO THE BOARD.

Program 2
Expenses: $80,986 Revenue: $35,987

PERFORMANCES AND EVENTS - THE ENSEMBLES AND PROGRAMS OF CKYO PERFORM TICKETED AND FREE EVENTS AND CONCERTS IN THE COMMUNITY THROUGHOUT THE SCHOOL YEAR AT VARIOUS LOCATIONS.

Program 3
Expenses: $143,205 Revenue: $15,239

COMMUNITY PROGRAMS - COMMUNITY PROGRAMS ARE AFTER-SCHOOL MUSIC EDUCATION PROGRAMS FOR ELEMENTARY AND MIDDLE SCHOOL AGED STUDENTS THAT FOCUS ON LEARNING, PEER TEACHING AND MENTORING, AND COMMUNITY...

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COMMUNITY PROGRAMS - COMMUNITY PROGRAMS ARE AFTER-SCHOOL MUSIC EDUCATION PROGRAMS FOR ELEMENTARY AND MIDDLE SCHOOL AGED STUDENTS THAT FOCUS ON LEARNING, PEER TEACHING AND MENTORING, AND COMMUNITY BUILDING. COMMUNITY PROGRAMS ARE HELD IN NEIGHBORHOODS AND SCHOOLS THAT ARE UNDERSERVED AND HISTORICALLY UNDERREPRESENTED. THESE PROGRAMS TEACH CHILDREN MUSICAL INSTRUMENTS THROUGH ONE-ON-ONE AND GROUP LEARNING AT NO COST TO THE FAMILY.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $309,000
Program Service Revenue $197,198
Investment Income $59,513
Other Revenue $0
TOTAL REVENUE $565,711

Expense Breakdown

Grants Paid $31,056
Salaries & Benefits $270,876
Fundraising Expenses $14,561
Program Expenses $427,835
Other Expenses $251,279
TOTAL EXPENSES $553,211

Year-over-Year Comparison

2024 2023 Change
Revenue $565,711 $510,852 +0.1%
Expenses $553,211 $544,035 +0.0%
Net Income $12,500 $-33,183 -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
21
Independent Members
21
Employees
10
Volunteers
265

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
6
$170,597
Total Directors
21
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CANDACE JAMES BOARD MEMBER 1.00
Director
$0 $0 $0
LOUISE SHOUSE TREASURER 2.00
Officer Director
$0 $0 $0
CODY BIRDWELL BOARD MEMBER 1.00
Director
$0 $0 $0
KIRSTEN CLINGERMAN PRESIDENT 2.00
Officer Director
$0 $0 $0
VIRGIL COVINGTON III BOARD MEMBER 1.00
Director
$0 $0 $0
LESTER DIAZ BOARD MEMBER 1.00
Director
$0 $0 $0
CHRISTA DUNN BOARD MEMBER 1.00
Director
$0 $0 $0
STEPHANIE FARRAR VICE PRESIDE 2.00
Officer Director
$0 $0 $0
ENRIQUE FARFAN BOARD MEMBER 1.00
Director
$0 $0 $0
BETH FLORENCE BOARD MEMBER 1.00
Director
$0 $0 $0
JOE GIBSON BOARD MEMBER 1.00
Director
$0 $0 $0
CATHY MEJIA BOARD MEMBER 1.00
Director
$0 $0 $0
JOYCE NICHOLSON BOARD MEMBER 1.00
Director
$0 $0 $0
DEVIN ONKST SECRETARY 2.00
Officer Director
$0 $0 $0
TYLER POWELL BOARD MEMBER 1.00
Director
$0 $0 $0
PATRICIA PRICE BOARD MEMBER 1.00
Director
$0 $0 $0
BETH ELLEN ROSENBAUM BOARD MEMBER 1.00
Director
$0 $0 $0
AMY SMITH BOARD MEMBER 1.00
Director
$0 $0 $0
MEREDITH SPAETH BOARD MEMBER 1.00
Director
$0 $0 $0
BOB STADELMAN BOARD MEMBER 1.00
Director
$0 $0 $0
TOMOKO STOSS BOARD MEMBER 1.00
Director
$0 $0 $0
AMELIA GROETSCH EXECUTIVE DI 40.00
Officer
$75,000 $6,694 $81,694
MARCELLO CORMIO MUSIC DIRECT 40.00
Officer
$76,000 $12,903 $88,903
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 $565,711 $553,211 $689,505 $12,500
2024 $510,852 $544,035 $663,512 $-33,183
2023 $556,060 $516,256 $668,058 $39,804
2022 $553,525 $398,662 $615,040 $154,863
2021 $275,135 $320,094 $582,235 $-44,959
2020 $484,907 $376,262 $490,329 $108,645
2019 $367,479 $397,396 $353,359 $-29,917
2018 $407,682 $433,624 $387,581 $-25,942
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