School For Strings Inc

Organization Overview

School For Strings Inc is located in New York, NY. The organization was established in 1977. According to its NTEE Classification (A6E) the organization is classified as: Performing Arts Schools, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2023, School For Strings Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. School For 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 08/2023, School For Strings Inc generated $1.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $1.5m during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE MUSIC STUDENTS WITH THE NECESSARY FACILITIES, EQUIPMENT, AND INSTRUCTORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE EXPENSES AS REPORTED IN PART IX WERE INCURRED TO HELP PROVIDE MUSIC STUDENTS WITH THE NECESSARY FACILITIES, EQUIPMENT, AND INSTRUCTORS TO HELP DEVELOP AND ENHANCE THEIR MUSICAL TALENTS. FOR THE YEAR ENDED AUGUST 31, 2023, THE NUMBER OF STUDENTS AND INSTRUCTORS THAT PARTICIPATED IN THE PROGRAM WERE 231 AND 34, RESPECTIVELY.


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Board, Officers & Key Employees

Name (title)Compensation
Alexander Yudkovsky
Executive Director
$148,078
Carla Solomon
Trustee
$0
Gregory Galterio
Chairman/president/trustee
$0
Juliana Pereira
Secretary/trustee
$0
Mark Steinberg
Trustee
$0
Philip Toh
Treasurer/trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$39,125
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$63,965
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$103,090
Total Program Service Revenue$1,108,610
Investment income $309,351
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$92,471
Net Income from Fundraising Events -$10,716
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,417,864

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The Circus Barn Incorporated
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Herbert Berghof Studio Inc
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Community Music School Of Springfield Inc
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Society For Strings Inc
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Brookline Music School Inc
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$2,232,305
Nutmeg Conservatory For The Arts
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