240 Strings
- Assets
- $30.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- 05/2016
- Data as of
- 06/2023
- EIN
- 81-2603612
Organization Overview
240 Strings is located in Portland, ME. The organization was established in 2016. According to its NTEE Classification (A25) the organization is classified as: Arts Education, 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. 240 Strings 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 06/2023, 240 Strings generated $69.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $74.0k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED FREE MUSIC INSTRUCTION AND PERFORMANCES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Lapierre President | 4 | $0 | |
Emmy Tracy Bernard Treasurer | 4 | $0 | |
Joyce Walworth Secretary | 4 | $0 | |
Annette Kraus Executive Di | 10 | $14,280 | |
Anastasia Antonacos Artistic Dir | 10 | $14,000 | |
Tracey Jasas-Hardel Artistic Dir | 10 | $14,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $69,135 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $69,135 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,626 |
| Professional fees and other payments to independent contractors | $2,015 |
| Occupancy, rent, utilities, and maintenance | $600 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,760 |
| Total expenses | $74,001 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $30,531 |
| Other assets | $0 |
| Total assets | $30,531 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,531 |