Strings Inc
- Assets
- $35.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ferdinand, IN
- Founding
- 11/1989
- Data as of
- 06/2022
- 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 06/2022, Strings Inc generated $81.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.7% each year . All expenses for the organization totaled $69.9k during the year ending 06/2022. While expenses have increased by 11.9% per year over the past 7 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE STRING INSTRUMENT INSTRUCTION IN THE ADVANCEMENTOF THE ARTS TO OVER 75 STUDENTS IN SOUTHERN INDIANA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Emmert Treasurer | 1 | $600 | |
David Mcgimpsey President | 1 | $0 | |
Linda Kaiser V-President | 1 | $0 | |
Julie Heitz-Cassidy Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $39,050 |
| Total Program Service Revenue | $38,361 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,950 |
| Total Revenue | $81,361 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,924 |
| Professional fees and other payments to independent contractors | $43,568 |
| Occupancy, rent, utilities, and maintenance | $4,320 |
| Printing, publications, postage, and shipping | $58 |
| Other expenses | $16,049 |
| Total expenses | $69,919 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,293 |
| Other assets | $0 |
| Total assets | $35,293 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,293 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Strings Inc has recieved totaling $12,200.
| Awarding Organization | Amount |
|---|---|
Friends Of The Arts Inc Jasper, IN | | $12,200 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grant Park Orchestral Association Chicago, IL | $15,259,948 | $7,547,765 |
Jazz St Louis St Louis, MO | $11,818,193 | $2,884,733 |
Chicago Sinfonietta Inc Chicago, IL | $3,675,444 | $3,506,738 |
Ragtag Film Society Columbia, MO | $1,382,564 | $1,866,748 |
Percussive Arts Society Inc Indianapolis, IN | $5,047,679 | $2,367,696 |
Music Of The Baroque Concert Series Inc Chicago, IL | $2,610,285 | $1,900,263 |
Radio Arts Foundation Clayton, MO | $3,517,540 | $1,458,263 |
Great American Songbook Foundation Inc Carmel, IN | $8,944,393 | $1,441,715 |
Glenview Stars Hockey Assn 5 Glenview Ice Center Glenview, IL | $561,491 | $1,280,609 |
Birch Creek Music Performance Center Inc Egg Harbor, WI | $4,670,702 | $1,564,605 |
Intonation Music Workshop Chicago, IL | $400,867 | $959,526 |
Third Coast Percussion Nfp Chicago, IL | $498,671 | $950,770 |