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Filing year 2024

YOUNG MUSICIANS OF ALAMANCE

Burlington, North Carolina·EIN 81-1286442·NTEE A68 · Arts, Culture & Humanities·501(c)(3)
Total revenue
$215k
Total assets
$37k
Total expenses
$215k
Reported officers
10
Mission

Young Musicians of Alamance Mission Statement The mission of Young Musicians of Alamance (YMA) is to provide high-quality music education to all students, regardless of their socio-economic background. YMA aims to break down barriers to music education and ensure that every child has the opportunity to learn and grow as a musician. The organization focuses on the holistic development of students, emphasizing the importance of music as a language that nurtures creativity, confidence, and personal growth. YMA's programs are designed to be inclusive and accessible, with a commitment to supporting students from diverse backgrounds and creating an environment where everyone can thrive.

Reported officers (all unpaid)

No paid executives reported in 2024. YOUNG MUSICIANS OF ALAMANCE reported 10 unpaid officers and board members on its 990.

President
Treasurer
Secretary
Member
Member
Member
Member
Member
Member
Member
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at YOUNG MUSICIANS OF ALAMANCE equaled 14% of the organization's total expenses. The median for arts, culture & humanities organizations is 11%.

This organization (2023)
14%
Sector median
11%
Middle half of sector
5% to 20%

Based on 17,098 arts, culture & humanities organizations, each measured at its most recent filing year with reported expenses and compensation.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

Up 11%
from 2022

From $30k in 2022 to $33k in 2023.

$30k
2022
$33k
2023
In today's dollarsEst.
Up 6% in real terms$34k to $36k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Chief Executive Officer pay rose 11% from 2022 to 2023, while revenue rose 91%.

$30k in 2022 to $33k in 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

YOUNG MUSICIANS OF ALAMANCE reported revenue and expenses across 3 filing years.

RevenueExpenses
$104k
$176k
2022
$199k
$238k
2023
$215k
$215k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Arts, Culture & Humanities executives earn in North Carolina

YOUNG MUSICIANS OF ALAMANCE reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable arts, culture & humanities organization in North Carolina earns a median of $47,848.

25th percentile
$24k
Median
$47,848
75th percentile
$88k
90th percentile
$137k

These are arts, culture & humanities sector-wide figures, not this organization's reported pay. Based on 407 organizations across 407 filings (2022 – 2024).

See full Arts, Culture & Humanities pay data for North Carolina

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FAQ

Common questions about YOUNG MUSICIANS OF ALAMANCE

What are YOUNG MUSICIANS OF ALAMANCE's revenue and expenses?

In 2024, YOUNG MUSICIANS OF ALAMANCE reported $215k in total revenue and $215k in total expenses on its IRS Form 990.

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