No Strings Inc
- Assets
- $32.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 37
- Location
- Clinton, CT
- Founding
- 07/2008
- Data as of
- 12/2023
- EIN
- 56-2364827
Organization Overview
No Strings Inc is located in Clinton, CT. The organization was established in 2008. According to its NTEE Classification (A31) the organization is classified as: Film & Video, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2023, No Strings Inc employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. No 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 12/2023, No Strings Inc generated $9.0k 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 (33.4%) each year. All expenses for the organization totaled $20.0k during the year ending 12/2023. 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
NO STRINGS INC'S PROGRAMS FOR 2023 CONSISTED OF CAPACITY BUILDING FOR THE ORGANIZATION TO OBTAIN FUNDING THROUGH GRANTS. NO STRINGS RECEIVED ONE COMMISSION FOR A HAND WASHING PROGRAM FOR ZIMBABWE. WE WERE NOT AWARDED ANY GRANTS IN 2023. WE ARE STILL CAPACITY BUILDING AND DEVELOPING A PROJECT FOR UNDERSERVED SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Fernandes Chairman | 0 | $0 | |
John Pirovano Chairman/money Mgr | 0 | $0 | |
Heather Asch Executive Director | 0 | $0 | |
Kathryn Mullen Secretary/artistic Director | 0 | $0 | |
Sharon Lerner Board Member | 0 | $0 | |
Emmet O'neill Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,982 |
| Total Program Service Revenue | $1,982 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,966 |
| 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 | $9,618 |
| Occupancy, rent, utilities, and maintenance | $4,400 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,960 |
| Total expenses | $19,978 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $31,734 |
| Other assets | $0 |
| Total assets | $32,657 |
| Total liabilities | $0 |
| Net assets or fund balances | $32,657 |