YOUTH SPEAKS INC
Mission Statement
Founded in 1996 in San Francisco, Youth Speaks has long championed a local, national, and increasingly global movement of young people picking up pens and stepping proudly onto stages, declaring themselves present. We believe that literacy is a need, not a want. One of the world’s leading presenters of Spoken Word performance, education, and youth development programs, Youth Speaks produces local and national youth poetry slams, festivals, and reading series, alongside a comprehensive slate of arts-in-education programs during the school day, in the after-school hours and on weekends. In addition, we create internationally-recognized theater and digital programming, and have helped launch a national network of over 70 programs who believe in the power of young people.
Financial Overview — FY 2023
Compared with Peers
FY 2023| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
42.1% | 82.0% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
45.7% | 12.0% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
12.2% | 3.9% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
34.7 mo | 12.0 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
9.6% | 8.9% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
95.1% | 89.2% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
79.5% | 8.9% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-24.5% | 14.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
42.2% | 2.4% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $5.1M | $2.9M | $8.5M | 42.1% | 23 |
| 2022 | $2.8M | $3.9M | N/A | — | 22 |
| 2021 | $7.6M | $1.9M | N/A | — | 22 |
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