Youth on Record

Analysis

Youth on Record is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Youth on Record reported income of $1.8m and spending of $2.3m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.8m (+81%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 90%. Over the whole period it spent 91% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Youth on Record sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 85th percentile within CO. Charities of a similar size with the same main cause include Media Theatre for the Performing Arts ($1.8m), Miami Design Preservation League Inc ($1.8m) and Huntsville Museum Association Inc ($1.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $155k (6.9% of expenses). Other salaries and wages came to $949k. At year end it held assets of $1.5m against liabilities of $19k, net assets of $1.4m. It reported 26 employees.