2020-11-24T12:47:34-06:00 2020-06-30 141555429 UHY ADVISORS NY INC 1185 AVENUE OF THE AMERICAS 38TH FLOOR NEW YORK NY 10036 990 2019-07-01 113372980 THE YOUNG PEOPLE'S CHORUS OF NEW YORK CITY INC YOUN 2122897779 37 WEST 65TH STREET 2ND FLOOR NEW YORK NY 10023 FRANCISCO J NUNEZ PRESIDENT 2122897779 2020-11-18 1 MICHAEL BURKE P01595226 2123814700 2020-11-17 2019 2022-09-23 18:48:47Z FRANCISCO J NUNEZ 37 WEST 65TH STREET 2ND FLOOR NEW YORK NY 10023 4866103 0 X WWW.YPC.ORG X 1996 NY TO PROVIDE CHILDREN OF DIVERSE ABILITIES AND ETHNIC BACKGROUNDS WITH A UNIQUE PROGRAM OF MUSIC APPRECIATION AND CHORAL PERFORMANCE THAT SEEKS TO FULFILL EACH CHILD'S MUSICAL POTENTIAL, WHILE CREATING A MODEL OF ARTISTIC EXCELLENCE AND HARMONY THAT ENRICHES OUR COMMUNITY. 23 22 105 467 0 0 4101264 3767720 978219 692163 43281 34854 -67941 -67673 5054823 4427064 0 0 0 0 2194325 2266354 0 0 217888 2688578 2031539 4882903 4297893 171920 129171 4788876 5087925 1290413 1528542 3498463 3559383 TO PROVIDE CHILDREN OF DIVERSE ABILITIES AND ETHNIC BACKGROUNDS WITH A UNIQUE PROGRAM OF MUSIC APPRECIATION AND CHORAL PERFORMANCE THAT SEEKS TO FULFILL EACH CHILD'S MUSICAL POTENTIAL, WHILE CREATING A MODEL OF ARTISTIC EXCELLENCE AND HARMONY THAT ENRICHES OUR COMMUNITY. 0 0 3943383 714927 THE YOUNG PEOPLE'S CHORUS PROVIDES A COMPREHENSIVE KNOWLEDGE OF MUSIC TO APPROXIMATELY 2,064 BOYS AND GIRLS. 3943383 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 26 0 1 105 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 23 22 1 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 0 1 0 0 NY X JERRY FILLHART 2122897779 37 WEST 65TH STREET 2ND FLOOR NEW YORK NY 10023 FRANCISCO J NUNEZ PRESIDENT 40.00 X X 276514 0 31248 BRUCE ROSENBLATT TRUSTEE 1.00 X 0 0 0 JB HARRISON TRUSTEE 1.00 X 0 0 0 ADAM D CHINN CHAIRMAN 1.00 X 0 0 0 ROBERT NEIS TRUSTEE 1.00 X 0 0 0 VIKRAM ATAL TREASURER 1.00 X 0 0 0 HIROKO ONOYAMA TRUSTEE 1.00 X 0 0 0 MICHAEL FRACCARO TRUSTEE 1.00 X 0 0 0 DEBORAH MCMANUS CO-VICE CHAIR 1.00 X 0 0 0 RANDALL ROSE RESIGNED MAY 2020 CO VICE-CHAIR 1.00 X 0 0 0 PHILIP H LOVETT VICE-CHAIRMAN 1.00 X 0 0 0 JEREMY WLADIS TRUSTEE 1.00 X 0 0 0 ADAM ZIRKIN TRUSTEE 1.00 X 0 0 0 FRANCIS J HARVEY JR SECRETARY 1.00 X 0 0 0 EVAN TROST ALUMNI REPRESENTATIVE 1.00 X 0 0 0 MARTIN KEHOE TRUSTEE 1.00 X 0 0 0 DUSTY PHILIP TRUSTEE 1.00 X 0 0 0 MARC SUSKIN TRUSTEE 1.00 X 0 0 0 LAURA SCHWAB TRUSTEE 1.00 X 0 0 0 LISA TEPPER TRUSTEE 1.00 X 0 0 0 LACEY JOHNSON TRUSTEE 1.00 X 0 0 0 DUNIA RKEIN ALUMNI REPRESENTATIVE 1.00 X 0 0 0 SOMESH KHANNA TRUSTEE 1.00 X 0 0 0 ELIZABETH NUNEZ ASSOCIATE ARTISTIC DIRECTO 40.00 X 127254 0 0 NANCY Z BLOOM KEY EMPLOYEE 40.00 X 120190 0 0 AMY C LECLAIR KEY EMPLOYEE 40.00 X 132796 0 6175 656754 0 37423 4 0 1 0 0 1158529 253750 2355441 186650 3767720 PERFORMANCES 711190 348508 348508 TUITION 711190 246255 246255 IN SCHOOLS 711190 97400 97400 692163 37975 37975 174253 177374 -3121 -3121 -3121 171228 1158529 261665 -90437 -90437 OTHER INCOME 711190 22764 22764 22764 4427064 714927 0 -55583 307763 264573 6234 36956 1557073 1423526 33544 100003 254999 211212 30003 13784 146519 125161 3084 18274 6487 5839 648 21041 16833 3156 1052 111707 98987 1901 10819 78805 75286 15 3504 113527 105596 3942 3989 496447 446913 24521 25013 30961 29941 679 341 179314 152417 26897 35347 32237 1555 1555 CONCERT EXPENSES 375252 375252 SPECIAL EVENTS 296677 296677 SCHOLARSHIPS-TUIT/TOUR 177803 177803 MISCELLANEOUS EXPENSE 54647 51606 443 2598 53524 53524 4297893 3943383 136622 217888 64730 157077 1344418 2178265 1002771 771360 88185 28731 171442 13169 2273288 917180 1513165 1356108 604165 583215 4788876 5087925 299427 143877 169495 437 608600 821491 775628 1290413 1528542 X 1545732 1755830 1952731 1803553 3498463 3559383 4788876 5087925 129171 -68251 0 X X 0 1 X 1 0 X 2576486 3920094 3248537 4126576 3767720 17639413 2576486 3920094 3248537 4126576 3767720 17639413 17639413 26919 24808 30695 41213 37975 161610 210 8316 8835 35585 22764 75710 17876733 4224082 0.98670 0.98770 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2015 AMOUNT: $ 210. 2016 AMOUNT: $ 8,316. 2017 AMOUNT: $ 8,835. 2018 AMOUNT: $ 35,585. 2019 AMOUNT: $ 22,764. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 587931 250000 74296 2136 910091 550867 37064 587931 523249 27618 550867 501249 22000 523249 476869 24380 501249 0.02750 0.84710 0.12540 0 0 2101975 791147 1310828 136217 96019 40198 35096 30014 5082 1356108 SECURITY DEPOSITS 1795 RESTRICTED INVESTMENTS 581420 583215 DEFERRED RENT 539572 DEFERRED LEASE INCENTIVE 235556 DUE TO RELATED PARTY 500 775628 X 4650600 -68251 30122 -38129 4688729 -261665 -261665 4427064 4589680 30122 261665 291787 4297893 0 4297893 PART V, LINE 4: THE PERMANENT ENDOWMENT FUND IS TO BE EXPENDED FOR SCHOLARSHIPS, CHORAL LITERACY, PERFORMANCE AND NEW COMMISSIONS PROGRAMS, AND TO GROW THE ENDOWMENT. THE BOARD-DESIGNATED ENDOWMENT AND THE TEMPORARILY RESTRICTED ENDOWMENT ARE TO FURTHER OR CARRY OUT THE CHARITABLE PURPOSES OF THE ORGANIZATION. PART X, LINE 2: THE ORGANIZATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION BELIEVES THERE ARE NO UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON FORM 990, PART VIII -261,665. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON FORM 990, PART VIII 261,665. GALA 1329757 1158529 171228 130602 131063 1329757 1158529 171228 130602 131063 261665 -90437 X 0 0 0 0 0 0 0 0 0 FRANCISCO J NUNEZ PRESIDENT 276514 0 0 0 0 0 0 0 31248 0 307762 0 0 0 HOWELL NUNEZ FAMILY OF PRESIDENT 76166 EMPLOYEE 0 ELIZABETH NUNEZ SPOUSE OF PRESIDENT 127254 EMPLOYEE.LIST 70 _ 2SENA10198 - 10/23/18 15:08 PM WORKSHEET BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS (PART IV)WP B-102 WAGES _ 77354.LIST 75 _ 2SENA10198 - 10/23/18 15:08 PM WORKSHEET BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS (PART IV)WP B-201 WAGES _ 119778.LIST 70 _ 2PEGU10508 - 10/23/19 10:32 AM WORKSHEET SCHEDULE L - TRANSACTIONS WITH INTERESTED PERSONSW-2 WAGES _ 77795.LIST 75 _ 2PEGU10508 - 10/23/19 10:32 AM WORKSHEET SCHEDULE L - TRANSACTIONS WITH INTERESTED PERSONSW-2 WAGES _ 166642 0 X 8 177374 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 FRANCISCO, HOWARD, AND ELIZABETH NUNEZ ARE RELATED PARTIES. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 WAS REVIEWED BY MANAGEMENT OF THE ORGANIZATION AND THEN FORWARDED TO THE TREASURER. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD REVIEWS COMPENSATION FOR THE PRESIDENT ON AN ANNUAL BASIS IN A CLOSED BOARD MEETING WITHOUT STAFF OR THE PRESIDENT. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XII, LINE 2C; OVERSIGHT, REVIEW AND SELECTION PROCESS HAS NOT CHANGED FROM PRIOR YEAR. CHANGE IN NET ASSETS FROM OPERATING ACTIVITIES- UNRESTRICTED FOR THE YEARS ENDED JUNE 30, 2020 AND 2019, THE CHANGE IN UNRESTRICTED NET ASSETS FROM OPERATING ACTIVITIES BEFORE DEPRECIATION EXPENSE & UNCOLLECTIBLE ACCOUNTS WAS APPROXIMATELY $398,000 AND $48,000, RESPECTIVELY. THE ORGANIZATION'S DEPRECIATION EXPENSE WAS APPROXIMATELY $179,000 AND $176,000 FOR THE YEARS ENDED JUNE 30, 2020 AND 2019, RESPECTIVELY. THE ORGANIZATION'S UNCOLLECTIBLE ACCOUNTS WERE APPROXIMATELY $0 AND $0 FOR THE YEARS ENDED JUNE 30, 2020 AND 2019, RESPECTIVELY. THE ORGANIZATION'S CHANGE IN UNRESTRICTED NET ASSETS AFTER DEPRECIATION & UNCOLLECTIBLE ACCOUNTS WAS APPROXIMATELY $219,000 AND (128,000) FOR THE YEARS ENDED JUNE 30, 2020 AND 2019, RESPECTIVELY. YPC NATIONAL INC 37 WEST 65TH STREET 2ND FLOOR NEW YORK NY 10023 822090183 MUSIC SCHOOL NY 501(C)(3) LINE 7 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 YPC NATIONAL INC E 500 FMV YPC NATIONAL INC L 9000 FMV