2016-11-15T00:00:00-06:00 2016-06-30 141555429 UHY ADVISORS NY INC 1185 AVENUE OF THE AMERICAS 38 FL NEW YORK NY 10036 990 2015-07-01 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 2016-11-16 1 MICHAEL BURKE P01595226 2123814700 2015 2017-02-10 21:41:12Z FRANCISCO J NUNEZ 37 WEST 65TH STREET 2ND FLOOR NEW YORK NY 10023 3485528 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 39 277 0 0 3143269 2576486 610481 699030 30325 26876 7392 -39135 3791467 3263257 0 0 0 0 1413087 1301164 0 0 615655 1623200 2331724 3036287 3632888 755180 -369631 5248296 4522738 1491982 1163674 3756314 3359064 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 2884897 700363 THE YOUNG PEOPLE'S CHORUS PROVIDES A COMPREHENSIVE KNOWLEDGE OF MUSIC TO APPROXIMATELY 1,550 BOYS AND GIRLS. 2884897 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 44 0 1 39 1 0 0 0 0 0 1 1 0 0 0 0 X 23 22 0 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 165054 0 16859 BRUCE ROSENBLATT TRUSTEE 1.00 X 0 0 0 JB HARRISON TRUSTEE 1.00 X 0 0 0 SUZAN KREMER TRUSTEE 1.00 X 0 0 0 DAVID WEILD III TRUSTEE 1.00 X 0 0 0 ARTHUR JERRY KREMER CHAIRMAN EMERITUS 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 FELICIA LIPSON 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 BETH WHITMAN 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 STEVE KUHN TRUSTEE 1.00 X 0 0 0 MARC SUSKIN TRUSTEE 1.00 X 0 0 0 SOMESH KHANNA TRUSTEE 1.00 X 0 0 0 LISA TEPPER TRUSTEE 1.00 X 0 0 0 HOLCOMB NOBLE EMERITUS 1.00 X 0 0 0 165054 0 16859 1 0 1 0 0 1209959 224500 1142027 6700 2576486 TUITION 711190 390107 390107 PERFORMANCES 711190 200923 200923 SATELLITE SCHOOLS 711190 108000 108000 699030 26919 26919 6658 6701 -43 -43 -43 175102 1209959 215570 -40468 -40468 REFUNDS 711190 1123 1123 ADMIN FEES 711190 210 210 1333 3263257 700363 0 -13592 181913 136434 7277 38202 912436 725090 25984 161362 111402 79011 4238 28153 95413 76732 8926 9755 2686 2417 269 21791 17432 3269 1090 107494 87200 751 19543 131158 95814 35344 148670 140088 4392 4190 607085 517000 30028 60057 50897 48694 2203 4835 4835 163333 138833 24500 27023 24857 1083 1083 SCHOLARSHIPS-TUIT/TOUR 381013 381013 CONCERT EXPENSES 300246 300246 SPECIAL EVENTS 268669 268669 ARTISTS & MUSICIANS 89540 89540 27284 24496 14581 -11793 3632888 2884897 132336 615655 86248 -22068 875602 1047429 431918 812163 1023450 119962 229950 124936 2199885 227852 2126028 1972033 475100 468283 5248296 4522738 180098 232802 137702 66010 470000 125000 704182 739862 1491982 1163674 X 2263964 2243943 1063001 673582 429349 441539 3756314 3359064 5248296 4522738 -369631 -27619 0 X X 0 1 X 1 0 X 1806111 2121732 3671789 3143269 2576486 13319387 1806111 2121732 3671789 3143269 2576486 13319387 13319387 4738 9840 9189 29602 26919 80288 20302 2768 211 5443 210 28934 13428609 3014997 0.99190 0.99280 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2011 AMOUNT: $ 20,302. 2012 AMOUNT: $ 2,768. 2013 AMOUNT: $ 211. 2014 AMOUNT: $ 5,443. 2015 AMOUNT: $ 210. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 476869 24380 501249 452591 24278 476869 445673 6918 452591 435542 3713 6418 445673 435321 221 435542 0.04990 0.88090 0.06920 0 0 2105830 187812 1918018 68057 33566 34491 25998 6474 19524 1972033 SECURITY DEPOSITS 1295 RESTRICTED INVESTMENTS 466988 468283 DEFERRED RENT 397640 DEFERRED LEASE INCENTIVE 342222 739862 X 3587984 -27619 136776 109157 3478827 -215570 -215570 3263257 3985234 136776 215570 352346 3632888 0 3632888 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 -215,570. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES REPORTED ON FORM 990, PART VIII 215,570. GALA 1385061 1209959 175102 151225 64345 1385061 1209959 175102 151225 64345 215570 -40468 X 0 0 0 0 0 0 0 0 0 FRANCISCO J NUNEZ PRESIDENT 165054 0 0 0 0 0 0 0 16859 0 181913 0 0 0 PHILIP H LOVETT TRUSTEE TEMPORARY BUILDING CONSTRUCTION LOAN UNTIL FINANCING RECEIVED X 470000 0 1 1 STEVE KUHN TRUSTEE RESTRICTED CONTRIBUTION FOR SPECIAL PROJECT X 125000 125000 0 1 1 125000 HOWELL NUNEZ FAMILY OF PRESIDENT 97691 EMPLOYEE 0 ELIZABETH NUNEZ SPOUSE OF PRESIDENT 94406 EMPLOYEE 0 FORM 990, PART VI, SECTION B, LINE 11 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, 2016 AND 2015, THE CHANGE IN UNRESTRICTED NET ASSETS FROM OPERATING ACTIVITIES BEFORE DEPRECIATION EXPENSE WAS APPROXIMATELY $42,000 AND $477,000, RESPECTIVELY. THE ORGANIZATION'S DEPRECIATION EXPENSE WAS APPROXIMATELY $164,000 AND $48,000 FOR THE YEARS ENDED JUNE 30, 2016 AND 2015, RESPECTIVELY. THE ORGANIZATION'S CHANGE IN UNRESTRICTED NET ASSETS AFTER DEPRECIATION WAS APPROXIMATELY ($121,000) AND $428,000 FOR THE YEARS ENDED JUNE 30, 2016 AND 2015, RESPECTIVELY.