Youth Orchestras of Palm Beach County Inc

Nonprofit profile at a glance

EIN
650515153
IRS 990 coverage
2024–2024
Forms available
Form 990 2024, Form 990-EZ 2023
Location
Boca Raton, FL, USA
Phone
5612818600
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Symphony Orchestras

Official website

Reported finances

Revenue
$212,691
Expenses
$187,879
Assets
$110,009
Liabilities
$73,161

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

6 people listed

Highest reported compensation

  • Michael Fraley (Executive Dir.): $26,426 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

MissionThe mission of the Youth Orchestra of Palm Beach County (YOPBC) is to provide exceptional music education and performing experiences through youth development and community engagement while cultivating an appreciation of classical music within the communityHistoryEstablished as a nonprofit organization in 1993, with support from the Junior League of Boca Raton, YOPBC debuted to the public in 1994, at the annual Spotlight on Young Musicians concert held at the Kravis Center for the Performing Arts.Since its earliest days, YOPBC has provided high-quality music instruction and performing opportunities to young musicians from throughout Palm Beach County and northern Broward County. Gaining visibility every year, YOPBC is highly respected in the community as a longstanding cultural arts organization and for the excellent concert it offers to the community.In the years prior to the pandemic, YOPBC membership numbers hovered around 180. Like all cultural organizations, YOPBC closed it

What it reported doing in 2024

An Unparalleled Music Program for Kids of All AgesNearly 150 musicians, ages seven to 22, are currently members of Youth Orchestra of Palm Beach County (YOPBC). For 30 years, YOPBC has funneled its young musicians into one of four orchestras: Training for beginning strings only String for intermediate-level strings musicians Symphony for advanced intermediate full orchestra (all instruments) Philharmonic for the most advanced full orchestra members who wish play professional-level repertoireAuditions are required for all potential musicians. Auditions determine which orchestra a child is placed in. YOPBC also offers musicians who wish to and who are qualified to play chamber music in addition to YOPBCs standard repertoire. YOPBC has five YOPBC chamber ensembles (string, woodwind, saxophone, brass, and percussion). These chamber ensembles perform at all YOPBC concerts. Rehearsals are held for all orchestras and chamber ensembles at staggered times on Sunday afternoons from August to May each season. Our rehearsal venue is at the Don Estridge High Tech Middle School in Boca Raton. We Proudly IntroduceThe 2024-25 season will be introducing an important restructuring of its orchestras. Thanks to a grant of $100K from Impact 100 Palm Beach County, YOPBC will be replacing its Training Orchestra with a 100% free beginners orchestra that is modeled after the highly regarded El Sistema free orchestra program. Children will no longer need to audition for this beginners orchestra. This restructuring has been designed to provide those children from low-to-moderate income households with access to free music instruction, rehearsals, and performing opportunities. The program has been named, Equity in the Arts Music for All. Those children who wish to join this new beginners orchestra but who do not come from low-to-moderate income households are invited to join at a modest fee. YOPBC is proud of its decision to make its program even more equitable than it already was. Esteemed FacultyA large part of what makes YOPBC programs so successful is the highly qualified staff of credentialed music educators who teach, conduct, and truly understand how to enliven young minds with hands-on learning through music.In addition, YOPBC, offers other wonderful opportunities for kids: Summer Camp - YOPBCs Summer Music Day Camp is completely unique because our camp gives kids MUSIC and MORE! We stand out because we teach ALL instruments AND because we accept beginning students on most instruments. Unlike most music camps, we provide a fun schedule of varied day camp activities in addition to musicactivities such as organized sports, arts and crafts, private lessons, guest artist performances, as well as field trips to local attractions, and as you would expect, lots of music! In addition, we offer late pickup and carpool assistance. At camp we also have elective classes that include Music Technology, All State Boot Camp, Music Theory the Fun Way, Conducting and much more! Within the camp structure, is our very popular Learn to Play program for beginners. Learn to Play is perfect for students who want to start a second instrument, or for students who want to try a different instrument without the pressure or commitment of learning during the regular school year. The Learn to Play program includes a FREE instrument loaner. We believe we have a program for every student at every level beginning, intermediate and advanced.Mentorship Program with The Symphonia - This exciting program partners advanced student musicians from YOPBCs Philharmonic Orchestra with professional musicians from The Symphonia, South Floridas premier professional chamber orchestra. This program is called The Symphonia/YOPBC Mentoring Initiative. Student musicians learn alongside Symphonia musicians and culminate the season by performing with their mentors as part of a free side-by-side concert for the community. Mini Mozart Program - for children ages five through eight who have never studi

Operating model

Revenue model
Earned-program. 67% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and some filed totals do not add up.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 85
  • Accountability: 48
  • Sustainability: 42
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.3%; rating input score 88
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 13th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 83.3%; rating input score 83; 22nd percentile among comparable filings
  • Governance controls: 0 of 9 controls in place; rating input score 0
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: Limited
    • Other executive compensation review process: Limited
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Missing
    • Independent financial-statement audit: Fail

Sustainability

  • Operating margin: 11.7%; rating input score 63; 63rd percentile among comparable filings
  • Total-asset coverage ratio: 0.59; rating input score 28; 28th percentile among comparable filings
  • Liabilities to assets ratio: 0.67; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 14.1%; rating input score 25; 25th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 3.6% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 4.7% per year; rating input score 100; 46th percentile among comparable filings

Details

  • Where the money goes: 88.3% of revenue deployed · 100% of spending went to programs
  • Governance: 5 of 6 board members independent · 0 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $188K in reported program spending
  • Leadership: top reported pay $26K · 6 people listed
  • Consistency: 21 of 22 current checks pass · 1 finding to review
  • Schedules: 4 filed schedules · includes major donors
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Accountability: Governance controls: 6 of 6 not reported.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Total-asset coverage ratio scored 28/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.
  • High — Sustainability: Officer compensation ratio scored 25/100.