SEATTLE YOUTH SYMPHONY ORCHESTRAS

Income Statement
Fiscal Year Start:
Sep 1
Revenues in 2024
$1,799,456
Program Services
73%
Contributions
20%
Investments
3%
Government Grants
2%
Other
2%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$1,838,419
Salaries & Benefits
54%
Fees to Service Providers
23%
Other
12%
Offices, Occupancy & IT
10%
Depreciation
<1%
Advertising & Promotion
<1%
Grants
0%
Benefits to Members
0%
Interest
0%
Revenues
2023
2024
Change
Contributions
$575,983
$356,797
-38%
Government Grants
$65,090
$40,320
-38%
Fundraising Events
$20,060
$0
-100%
Program Services
$1,234,741
$1,310,573
+6%
Membership Dues
$0
$0
-
Investments
$29,707
$58,671
+97%
Other
$77,629
$33,095
-57%
Total Revenues
$2,003,210
$1,799,456
-10%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$798,615
$988,326
+24%
Fees to Service Providers
$645,359
$430,451
-33%
Advertising & Promotion
$5,228
$4,068
-22%
Offices, Occupancy & IT
$277,715
$182,388
-34%
Interest
$0
$0
-
Depreciation
$3,721
$6,518
+75%
Other
$111,377
$226,668
+104%
Total Expenses
$1,842,015
$1,838,419
0%
Net income
2023
2024
Change
Net income
+$161,195
-$38,963
-124%
Functional Expenses
Summary
2023
2024
Change
Program
$1,264,711
$1,231,073
-3%
Admin
$246,926
$323,118
+31%
Fundraising
$330,378
$284,228
-14%
Total Expenses
$1,842,015
$1,838,419
0%
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