American String Teachers Association Incorporated

Analysis

American String Teachers Association Incorporated is a registered charity in United States, based in Stevensville, MI. It received its IRS tax-exemption ruling in January 1988, 38 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, American String Teachers Association Incorporated reported income of $88k and spending of $50k, leaving 43% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $132k to $88k (-33%), an average of -33% a year. The sharpest change came in the year to June 2024, when income dropped by 33%. Over the whole period it spent 105% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, American String Teachers Association Incorporated sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include Roanoke Symphony Foundation 708 Dominion Bank Building ($88k), Bronxartspace ($88k) and Albany Area Arts Council Inc ($88k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.6% and program service revenue 91% of the total. At year end it held assets of $89k against liabilities of $0, net assets of $89k.