2019-11-15T13:02:49-06:00 2019-06-30 141555429 UHY ADVISORS NY INC 1185 AVENUE OF THE AMERICAS 38TH FLOOR NEW YORK NY 10036 990 2018-07-01 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 2019-11-14 1 MICHAEL BURKE P01595226 2123814700 2019-11-14 209.99.101.4 2019-11-14 08:27:21 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 2C522B110EA4F746FE042ABC18F0BE98CD7DA9B6 2018 2020-03-31 21:24:44Z FRANCISCO J NUNEZ 37 WEST 65TH STREET 2ND FLOOR NEW YORK NY 10023 5482098 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. 20 19 112 194 0 2937 3248537 4101264 881799 978219 30677 43281 -116487 -67941 4044526 5054823 0 0 0 0 2091356 2194325 0 0 371361 2738347 2688578 4829703 4882903 -785177 171920 4955014 4788876 1640255 1290413 3314759 3498463 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 4374857 1014167 THE YOUNG PEOPLE'S CHORUS PROVIDES A COMPREHENSIVE KNOWLEDGE OF MUSIC TO APPROXIMATELY 1,992 BOYS AND GIRLS. 4374857 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 27 0 1 112 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 20 19 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 263542 0 30727 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 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 FRANCISCO J NUNEZ- RETROACTIVE 3YR COMP 40.00 X X 177174 0 0 ELIZABETH NUNEZ ASSOCIATE ARTISTIC DIRECTO 40.00 X 121332 0 0 NANCY Z BLOOM KEY EMPLOYEE 40.00 X 120217 0 0 AMY C LECLAIR KEY EMPLOYEE 40.00 X 128485 0 9501 ELIZABETH NUNEZ- RETROACTIVE 3YR COMP 40.00 X 45310 0 0 856060 0 40228 4 0 1 0 0 1349809 636538 2114917 235842 4101264 TUITION 711190 448995 448995 PERFORMANCES 711190 425024 425024 SATELLITE SCHOOLS 711190 104200 104200 978219 41213 41213 157019 154951 2068 2068 2068 168435 1349809 272324 -103889 -103889 OTHER INCOME 711190 35948 35948 35948 5054823 1014167 0 -60608 471442 390945 10570 69927 1432819 1188169 32125 212525 136887 111348 18723 6816 153177 128165 3304 21708 5000 4500 500 23228 18583 1161 3484 212592 190722 4667 17203 132020 128423 7 3590 110600 103921 3241 3438 578594 520897 28636 29061 32982 31708 781 493 175862 149483 26379 29977 27113 1432 1432 SCHOLARSHIPS-TUIT/TOUR 545342 545342 CONCERT EXPENSES 476686 476686 SPECIAL EVENTS 268062 268062 MISCELLANEOUS EXPENSE 91665 84822 5159 1684 5968 5968 4882903 4374857 136685 371361 249857 64730 869634 1344418 1157413 1002771 201903 88185 202545 171442 2251031 737866 1689027 1513165 584635 604165 4955014 4788876 477024 299427 335206 169495 828025 821491 1640255 1290413 X 1698959 1545732 1149452 1467851 466348 484880 3314759 3498463 4955014 4788876 171920 11784 0 X X 0 1 X 1 0 X 3143269 2576486 3920094 3248537 4126576 17014962 3143269 2576486 3920094 3248537 4126576 17014962 17014962 29602 26919 24808 30695 41213 153237 5443 210 8316 8835 35585 58389 17226588 4122573 0.98770 0.99140 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2014 AMOUNT: $ 5,443. 2015 AMOUNT: $ 210. 2016 AMOUNT: $ 8,316. 2017 AMOUNT: $ 8,835. 2018 AMOUNT: $ 35,585. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 550867 37064 587931 523249 27618 550867 501249 22000 523249 476869 24380 501249 452591 24278 476869 0.04250 0.82470 0.13280 0 0 2101975 641035 1460940 116060 72349 43711 32996 24482 8514 1513165 SECURITY DEPOSITS 2295 RESTRICTED INVESTMENTS 601870 604165 DEFERRED RENT 559269 DEFERRED LEASE INCENTIVE 262222 821491 X 5401671 11784 62614 74398 5327273 -272450 -272450 5054823 5192655 37302 272450 309752 4882903 0 4882903 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 -272,450. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON FORM 990, PART VIII 272,450. GALA 1518244 1349809 168435 137285 135039 1518244 1349809 168435 137285 135039 272324 -103889 X 0 0 0 0 0 0 0 0 0 FRANCISCO J NUNEZ PRESIDENT 263542 0 0 0 0 0 0 0 30727 0 294269 0 0 0 FRANCISCO J NUNEZ- RETROACTIVE 3YR COMP 177174 0 0 0 0 0 0 0 0 0 177174 0 0 0 ELIZABETH NUNEZ ASSOCIATE ARTISTIC DIRECTO 121332 0 0 0 0 0 0 0 0 0 121332 0 0 0 ELIZABETH NUNEZ- RETROACTIVE 3YR COMP 45310 0 0 0 0 0 0 0 0 0 45310 0 0 0 FORM 990, PART VII, SECTION A, LINE 1D AND SCHEDULE J, PART II THE REPORTABLE COMPENSATION FROM THE ORGANIZATION TO FRANCISCO J. NUNEZ IN THE AMOUNT OF $440,715.00 IS INCLUSIVE OF A ONE-TIME RETROACTIVE PAYMENT FOR SALARY INCREASES DUE TO MR. NUNEZ FOR THE PRIOR THREE YEARS IN THE AMOUNT OF $177,173.00. FORM 990, PART VII, SECTION A, LINE 23D AND SCHEDULE J, PART II THE REPORTABLE COMPENSATION FROM THE ORGANIZATION TO ELIZABETH M. NUNEZ IN THE AMOUNT OF $166,642.00 IS INCLUSIVE OF A ONE-TIME RETROACTIVE PAYMENT FOR SALARY INCREASES DUE TO MRS. NUNEZ FOR THE PRIOR THREE YEARS IN THE AMOUNT OF $45,310.00. HOWELL NUNEZ FAMILY OF PRESIDENT 77795 EMPLOYEE 0 ELIZABETH NUNEZ SPOUSE OF PRESIDENT 166642 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 0 X 8 154951 FAIR MARKET VALUE 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 FRANCISCO 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, 2019 AND 2018, THE CHANGE IN UNRESTRICTED NET ASSETS FROM OPERATING ACTIVITIES BEFORE DEPRECIATION EXPENSE & UNCOLLECTIBLE ACCOUNTS WAS APPROXIMATELY $48,000 AND $13,000, RESPECTIVELY. THE ORGANIZATION'S DEPRECIATION EXPENSE WAS APPROXIMATELY $176,000 AND $246,000 FOR THE YEARS ENDED JUNE 30, 2019 AND 2018, RESPECTIVELY. THE ORGANIZATION'S UNCOLLECTIBLE ACCOUNTS WERE APPROXIMATELY $0 AND $179,000 FOR THE YEARS ENDED JUNE 30, 2019 AND 2018, RESPECTIVELY. THE ORGANIZATION'S CHANGE IN UNRESTRICTED NET ASSETS AFTER DEPRECIATION & UNCOLLECTIBLE ACCOUNTS WAS APPROXIMATELY ($128,000) AND ($412,000) FOR THE YEARS ENDED JUNE 30, 2019 AND 2018, 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 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 YPC NATIONAL INC B 178724 FMV YPC NATIONAL INC L 21810 FMV