Louisville Youth Choir
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Louisville Youth Choir meets the 20 Standards for Charity Accountability.
Stated Purpose:
The Louisville Youth Choir creates stars of today by supporting and enhancing school music programs and by servicing unmet artistic needs in the community. Through its diverse population, programs, and music, Louisville Youth Choir’s leaders of tomorrow learn discipline, self-confidence, leadership, and teamwork.
Year, State Incorporated:
1968, KY
As a community-based organization, Louisville Youth Choir draws children, youth, and adults from over 60 schools and diverse neighborhoods throughout the metropolitan area, surrounding Kentucky counties and Southern Indiana. Its music repertoire includes many styles and cultures, including major classic and modern works with orchestra and soloists. It offers a choral music experience unique in the region. The nonprofit’s programs consist of weekly after-school instruction, during school residencies and workshops, tailor-made programs for area community centers and youth partner organizations, and varied performances throughout the region. Its programs are open to all and through its “No Song Unsung” Initiative, no one is turned away for inability to pay for services. The nonprofit proudly “creates stars of today…leaders of tomorrow!”
For the year ended June 30, 2022, Louisville Youth Choir's program expenses were:
| Program services | $73,552 |
| Total Program Expenses | $73,552 |
Chief Executive
Terri Foster, Artistic/Executive Director
Chair of the Board
Mr. Bryan Fantoni
Chair's Profession / Business Affiliation
Associate General Counsel, Optum Corporate Litigation
Board Size
8
Paid Staff Size
5
Method(s) Used:
Invitations to fund raising events, Print advertisements (newspapers, magazines, etc.), Grant proposals, Internet, Planned giving arrangements, Membership appeals, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Louisville Youth Choir's audited financial statements for the year ended June 30, 2022.
Source of Funds
| Grants | $41,016 |
| Paycheck Protection Program loan forgiveness | $25,800 |
| Contributions | $19,308 |
| Program fees | $15,920 |
| Concerts | $4,939 |
| Special events, net | $4,716 |
| Fundraising | $2,186 |
| Net assets released from restriction | $2,130 |
| Total Income | $116,015 |
Programs: 74% Fundraising: 4% Administrative: 22%
| Total Income | $116,015 |
| Total expenses: | $100,004 |
| Program expenses | $73,552 |
| Fundraising expenses | $4,009 |
| Administrative expenses | $22,443 |
| Other expenses | $0 |
| Income in Excess of Expenses | $16,011 |
| Beginning Net Assets | $22,532 |
| Other Changes In Net Assets | $2,203 |
| Ending Net Assets | $40,746 |
| Total Liabilities | $11,616 |
| Total Assets | $52,362 |
Total assets as reported above include $39,802 in sheet music.
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