American String Teachers Association Incorporated is located in Ocean City, NJ. The organization was established in 1988. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American String Teachers Association Incorporated 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, American String Teachers Association Incorporated generated $12.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.3%) each year. All expenses for the organization totaled $19.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (15.6%) per year over the past 7 years. 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
THE ASSOCIATION PROVIDES SUPPORT TO TEACHERS AND STUDENTS OFSTRING INSTRUMENTS. INSTRUCTIONAL CAMPS, PRINTED MATERIALS,AND MUSICAL EVENT SUPPORT FOR STUDENT PERFORMANCES ARE PROVIDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Brian Verdi President | 10 | $0 | |
Cooper Ford Secretary | 5 | $0 | |
Timothy Schwarz President Elect | 5 | $0 | |
Justin Lee Treasurer | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $12,600 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $100 |
Total Revenue | $12,700 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,995 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $17,914 |
Total expenses | $19,909 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $46,991 |
Other assets | $0 |
Total assets | $46,991 |
Total liabilities | $0 |
Net assets or fund balances | $46,991 |
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