KCYA Completes $3.65 Million Capital Campaign

 

Kansas City, MO:  Kansas City Young Audiences (KCYA) announced today that they have reached the completion of their $3.65 million HeART of the CITY Capital Campaign to purchase and renovate their new home on Main Street.

 

Kansas City’s philanthropic leaders helped get the campaign underway, including lead gifts of $500,000 from the Muriel McBrien Kauffman Foundation, a $600,000 pledge from the Hall Family Foundation and a $200,000 Challenge Grant for the building renovation from the J. E. and L. E. Mabee Foundation.  Other generous foundation supporters include the Sunderland Foundation, the Kirk Foundation, Francis Family Foundation, and the Sosland Foundation. Purchase of the building was financed through IFF, a non-profit organization based in Chicago, specializing in strengthening nonprofits and the communities they serve. See all HeART of the CITY Capital Campaign donors here.

 

Less than 1% of the total campaign budget was spent on campaign support due to the invaluable guidance of the Capital Campaign Leadership Team consisting of Sally Groves, Mike Kirk, Pat McCown, Chad Milton and Reeves Wiedeman.

 

KCYA paid off both the mortgage and the renovation loan in October of 2018, saving approximately $50,000 in loan interest. In addition, the Capital Campaign established a $150,000 building fund at the Greater Kansas City Community Foundation to provide for the proper care and maintenance of the facility.

 

The organization is approaching the third anniversary of their move to Main Street and will celebrate the successful completion of the campaign with a donor appreciation event later in December. Since relocating to midtown, enrollments in KCYA’s Community School of the Arts have increased by more than 30% and KCYA has been able to serve more students with economic need by providing scholarship support.

 

“We are thrilled with our new Midtown home! This newly-renovated creative space is the culmination of a lot of hard work by KCYA staff, board, campaign committee, and friends. We are fortunate to have received a great deal of support from the philanthropic community as well. This project is a seminal moment in the life of this organization. However, I’ll tell you the thing that has made it all worthwhile—seeing children dancing in the studios, collaborating on arts projects in the Creativity Lab, singing songs they wrote in the Garage Band studio, and performing on the stage. Seeing children creating, learning, and growing in this new space is the best reward!" said Martin English, KCYA Executive Director.

 

#   #   #