The 990's

[garfield]

At first blush, the increase in revenue (in part) may be from the influx of dues and fees generated by the increase allowable in the corps membership size on the performance field. With that, the increase in the performance membership also adds to the expenses of supporting that larger membership. In addition, it appears in at least one fiscal year the ED was given a 10% bonus (of salary), which added an additional plus 15k to expenses.

I think the increase in membership happened prior to 2009, bill. And the increase in camp fees was pretty linear from '09 to '11.

It seems rational that the increase in camp fees came either from higher fees charged or from more kids going to tryouts.

[garfield]

because the pie can only be split 7 ways, not 23. thats why they want it

Oh Wise One, I'm missing your point here (besides the explicit slap at the G7).

The post has to do with efficiency of management. What does your reply address?

[Jeff Ream]

Oh Wise One, I'm missing your point here (besides the explicit slap at the G7).

The post has to do with efficiency of management. What does your reply address?

it's no slap. It's satement.Music In Motion will run their events so they get all of the money. see the TOC thing got them more, but not enough, and when verything broke, they firmly believedthey could run a better ship without Dan in the way andow DCI does stuff.

Sure, DCI got more efficient.Butit still didn't generate enough $$for them

[garfield]

I was just about to head off to Expenses when I realized I overlooked two areas listed in "Other Income":

YEA! Revenue

Other Income

Gross Income from fundraising events

2009: $63,004

2010: $30,621 (minus $32,383 [51.4%] from 2009)

2011: $1,971 (minus $28,650 [93.5%] from 2010, minus $61,003 [96.8%] from 2009)

Net income from sales of inventory (presumably souvies)

2009: $259,769

2010: $271,537 (plus $11,768 [4.5%] from 2009)

2011: $295,451 (plus $23,914 [8.8%] from 2010, plus $35,682 [13.7%] from 2009)

So it appears that fundraising events (not necessarily fundraising efforts in general) are failing, but souvie sales are pretty flat EDIT: are steadily increasing over these three years. Recall that "Contributions" took a dip in 2010 but rebounded strongly in 2011, so it's reasonable to presume that formal fundraising events are less the focus than is simple solicitations for contributions.

Edited November 16, 2012 by garfield

[BetoSuave]

Where does the $225,000 YEA received from Chase Community Giving in 2011 appear? It may be part of the reason that Contributions rebounded strongly in that year.

[garfield]

Where does the $225,000 YEA received from Chase Community Giving in 2011 appear? It may be part of the reason that Contributions rebounded strongly in that year.

The trend in Contributions from 2008 was:

2008: $689,993

2009: $537,756 (minus $152,237)

2010: $358,570 (minus $179,186)

2011: $661,607 (plus $303,037)

When I subtract the Chase $225,000 from the total, 2011 Contributions, net of Chase, were $436,607. That would be a $78,037 increase from 2010 by itself. It's reasonable to think that the Chase money is represented in the 2011 bump.

When we look at fundraising expenses in the next series of posts we may see an increase in fundraising costs associated with both the organic increase in contributions as well as the Chase grant.

[garfield]

Headline summary Expenses are in two, simple categories, "Salaries, other compenstaion, employee benefits", and "Other Expenses".

YEA! Expenses Summary

Salaries, other compensation, employee benefits:

2009: $1,101,547

2010: $1,240,228 (plus $138,681 [12.6%] from 2009)

2010: $1,356,711 (plus $116,483 [9.4%] from 2010, plus $255,164 [23%] from 2009)

Other Expenses

2009: $2,427,743

2010: $2,609,874 (plus $182,131 [7.5%] from 2009)

2011: $2,801,417 (plus $191,543 [7.3%] from 2010, plus $373,674 [15.4%] from 2009)

EDIT: Sorry forgot this. The "Other" category is broken down quite extensively. Some parsing is necessary, which I'll tackle next.

Edited November 16, 2012 by garfield

[garfield]

The YEA! organization is comprised of three entities: USSBA (now US Bands), The Cadets, and The Urban Arts Center of Lehigh Valley. The 990's ask for a "Statement of Program Service Accomplishments" where the forms ask for both Revenue and Expenses for each of these entities. As part of justifying their mission the IRS is looking for how much of the parent organization (YEA!) expenditures goes to each of these programs. In 2009 and 2010 YEA! did not report Revenue generated from these entities but, instead, completed just the Expenses spent on each. In 2011 YEA! reported Revenue from each entity as well.

Program Expenses and Revenue (where shown):

2009:

USSBA, Expenses: $1,246,120, Revenue: N/A

The Cadets, Expenses: $1.047,699, Revenue: N/A

UAC, Expenses: $32,333, Revenue: N/A

2010:

USSBA, Expenses: $1,289,797, Revenue: N/A

The Cadets, Expenses: $1,203,590, Revenue: N/A

UAC, Expenses: $79,983, Revenue: N/A

2011:

USSBA, Expenses: $1,306,713, Revenue: $1,720,446

The Cadets, Expenses: $1.340,231, Revenue: $1,274,452

UAC, Expenses: $81,327, Revenue: $6,775

[bill]

I was just about to head off to Expenses when I realized I overlooked two areas listed in "Other Income":

YEA! Revenue

Other Income

Gross Income from fundraising events

2009: $63,004

2010: $30,621 (minus $32,383 [51.4%] from 2009)

2011: $1,971 (minus $28,650 [93.5%] from 2010, minus $61,003 [96.8%] from 2009)

Net income from sales of inventory (presumably souvies)

2009: $259,769

2010: $271,537 (plus $11,768 [4.5%] from 2009)

2011: $295,451 (plus $23,914 [8.8%] from 2010, plus $35,682 [13.7%] from 2009)

So it appears that fundraising events (not necessarily fundraising efforts in general) are failing, but souvie sales are pretty flat EDIT: are steadily increasing over these three years. Recall that "Contributions" took a dip in 2010 but rebounded strongly in 2011, so it's reasonable to presume that formal fundraising events are less the focus than is simple solicitations for contributions.

I would venture to ascertain the "net" income from "Sales of Inventory" may also be inclusive of offering excess equipment to the open market; i.e. selling off brass and percussion instruments when they are replaced with new lines, etc.

[garfield]

Great catch, Bill.

This is the point of this exercise. The DCP brain trust speculating and filling in the holes.

But I wonder, are you, Beto, Ream, and I the only ones here?

Edited November 16, 2012 by garfield