School for Strings

Analysis

School for Strings is a registered charity in United States, based in Port Huron, MI. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, School for Strings reported income of $73k and spending of $73k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $73k (+3.3%), an average of +3.3% a year. Over the whole period it spent 103% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, School for Strings sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 28th percentile within MI. Charities of a similar size with the same main cause include Arts Monongahela Inc ($73k), Ti Ti Tabor Hungarian Folk Camp ($73k) and Art-In-The-Park Community Cultural Programs ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. At year end it held assets of $3,322 against liabilities of $1,692, net assets of $1,630.