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 Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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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

FOSTERS HIGH QUALITY MUSICAL OPPORTUNITIES FOR TALENTED YOUNG MUSICIANS.

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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 (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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Financial Health Indicators

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

Financial Distress Indicator

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
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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