Seven Stars Arts Center Inc is located in Sharon, VT. The organization was established in 2003. 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. Seven Stars Arts Center 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 05/2024, Seven Stars Arts Center Inc generated $84.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $80.0k during the year ending 05/2024. 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 Mission:
Part 3 - Line 1
MUSIC & ART EDUCATION FOR RURAL AREAS
Describe the Organization's Program Activity:
Part 3
PROVIDE MUSIC, ART AND DANCE INSTRUCTION TO SCHOOLS AND PRIVATE INDIVIDUALS IN THE AREA.
PROVIDE MUSIC, ART AND DANCE INSTRUCTION TO SCHOOLS AND PRIVATE INDIVIDUALS IN THE AREA.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Barsanti President | 20 | $0 | |
Emerson Gale Treasurer | 10 | $0 | |
Thelma Thompson Secretary | 8 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,605 |
| Total Program Service Revenue | $59,591 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,196 |
| 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 | $44,442 |
| Occupancy, rent, utilities, and maintenance | $25,645 |
| Printing, publications, postage, and shipping | $240 |
| Other expenses | $9,650 |
| Total expenses | $79,977 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $43,323 |
| Other assets | $0 |
| Total assets | $171,423 |
| Total liabilities | $550 |
| Net assets or fund balances | $170,873 |