Strings Inc
- Assets
- $51.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ferdinand, IN
- Founding
- 11/1989
- Data as of
- 06/2024
- EIN
- 35-1775069
Organization Overview
Strings Inc is located in Ferdinand, IN. The organization was established in 1989. According to its NTEE Classification (A68) the organization is classified as: Music, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Strings Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2024, Strings Inc generated $74.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 17.7% each year . All expenses for the organization totaled $69.5k during the year ending 06/2024. While expenses have increased by 16.9% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
TO PROVIDE STRING INSTRUMENT INSTRUCTION IN THE ADVANCEMENT OF THE ARTS TO OVER 75 STUDENTS IN SOUTHERN INDIANA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Mcgimpsey President | 1 | $0 | |
Linda Kaiser V-President | 1 | $0 | |
Julie Heitz-Cassidy Secretary | 1 | $0 | |
Michelle Emmert Treasurer | 1 | $600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,257 |
| Total Program Service Revenue | $35,508 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $5,130 |
| Total Revenue | $74,895 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,843 |
| Professional fees and other payments to independent contractors | $42,232 |
| Occupancy, rent, utilities, and maintenance | $3,015 |
| Printing, publications, postage, and shipping | $193 |
| Other expenses | $18,261 |
| Total expenses | $69,544 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $51,169 |
| Other assets | $0 |
| Total assets | $51,169 |
| Total liabilities | $0 |
| Net assets or fund balances | $51,169 |