Dec 31, 2020, 12:00:00 AM

Gold Youth Arts Organization

What they do & why we invested

Gold Youth Arts Organization is dedicated to giving students the performance, work, and life skills necessary to succeed in the modern world. Gold Youth Arts Organization operates three performing arts programs for youth: Gold Drum & Bugle Corps, Gold Indoor Percussion, and Gold Winter Guard, serving over 700 kids and young adults annually with instruction in dance, percussion, brass, and performance skills. Due to COVID-19, Gold Youth Arts Organization had to start delivering all in-person program services virtually, and performances had to be paused. As a result, the organization experienced a severe loss in membership and performance fees, the majority of their earned revenue. Though Gold Youth Arts Organization adapted quickly, they are experiencing a gap in cash flow. The loan helps to cover restart costs associated with relaunching in-person program services.