EACH YEAR, THE ORGANIZATION PRODUCES TWO THEATRICAL SHOWS, THE NET PROFITS OF WHICH ARE DISTRIBUTED TO AN ORGANIZATION OR ORGANIZATIONS DESCRIBED IN SECTION 170(C) OF THE INTERNAL REVENUE SERVICE CODE. FOR THE FISCAL YEAR ENDING JUNE 30, 2024 THE NET PROFITS HAVE BEEN OR WILL BE DISTRIBUTED TO "YOUNG PEOPLE'S CHORUS OF NEW YORK CITY", A 501(C)(3) ORGANIZATION.