Academy Of Strings Foundation
- Assets
- $99.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Johnson City, TN
- Founding
- 09/2007
- Data as of
- 06/2023
- EIN
- 83-0459299
Organization Overview
Academy Of Strings Foundation is located in Johnson City, TN. The organization was established in 2007. According to its NTEE Classification (A11) the organization is classified as: Single Organization Support, 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. Academy Of Strings Foundation 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, Academy Of Strings Foundation generated $25.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $30.8k 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
THE FOUNDATION PROMOTES AND SUPPORTS THE EDUCATIONAL PURPOSES OF ACADEMY OF STRINGS, A TENNESSEE NON-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SEC. 501C3 OF THE IRC., AS IT FUNDRAISING ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Messerschmidt Chariman | 4 | $0 | |
Jonathan Bell Treasurer | 4 | $0 | |
Kimberly Barrett Secretary | 4 | $0 | |
Giri Hoskere Trustee/director | 4 | $0 | |
Tim Barrett Trustee/director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,638 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $39 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $8,499 |
| Other Revenue | $5 |
| Total Revenue | $25,181 |
| 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 | $1,560 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $42 |
| Total expenses | $30,802 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,709 |
| Other assets | $0 |
| Total assets | $99,850 |
| Total liabilities | $0 |
| Net assets or fund balances | $99,850 |