Academy of Strings

990EZ • Fiscal year 2013 • EIN 62-1733110

Jul 01, 2012 to Jun 30, 2013 • Filed on Nov 12, 2013

Organization Profile www.academyofstrings.com

PO Box 343137602-3431

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

0.00x

Higher debt load relative to assets than 59% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.00x

Higher debt load relative to revenue than 58% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-10%

Higher net margin than 23% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

No value available

This filing does not contain officer compensation rows.

Source year 2013

-24%

Faster asset growth than 18% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

5.6%

Faster revenue growth than 56% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets59th percentile

Assets

Down

$31,130

Down $9,670 (-24%) from 2012

Net Assets

Down

$30,982

Down $9,670 (-24%) from 2012

Liabilities

Flat

$148

Flat from 2012

Revenue And Expenses

Liabilities / Revenue58th percentile Net Margin23rd percentile

Revenue

$92,871

Up $4,945 (+5.6%) from 2012

Expenses

$102,541

Up $9,721 (+10%) from 2012

Net Income

Down

-$9,670

Down $4,776 (-98%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

Highlighted filing

2013

Assets$31,130

Liabilities$148

Net Assets$30,982

Open 2013 Filing

Operations Trend

Revenue Growth56th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

Highlighted filing

2013

Revenue$92,871

Expenses$102,541

Net Income-$9,670

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2012 to Jun 30, 2013
Signed: Nov 12, 2013
Return Version: 2012v2.2

Mission and Program Overview

Mission

MUSIC ARTS EDUCATION

Filing and Contact Details

Filer

EIN: 62-1733110

Raw XML Appendix184 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/ContributionsGiftsGrantsEtc	0	9155
IRS990EZ/DidOrgFileForm1120POLThisYear	0	false
IRS990EZ/DoesOrgHaveHospital	0	false
IRS990EZ/EngagedInExcessBenefitTrans	0	false
IRS990EZ/EngageInLobbyingActivities	0	false
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IRS990EZ/ForeignOffice	0	false
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IRS990EZ/InfoInScheduleOPartII	0	X
IRS990EZ/InvestmentIncome	0	21
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IRS990EZ/MadeLoansToFromOfficers	0	false
IRS990EZ/MaintainAnyDonorAdvisedFunds	0	false
IRS990EZ/MethodOfAccountingAccrual	0	X
IRS990EZ/NetAssetsOrFundBalances/BOY	0	40652
IRS990EZ/NetAssetsOrFundBalancesBOY	0	40652
IRS990EZ/NetAssetsOrFundBalances/EOY	0	30982
IRS990EZ/NetAssetsOrFundBalancesEOY	0	30982
IRS990EZ/OccupancyRentUtilitiesAndMaint	0	500
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	0	040.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	1	050.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/AvgHoursPerWkDevotedToPosition	2	005.00
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	0	27885
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	1	54689
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Compensation	2	0
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	0	844
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/ContriToEmplBenefitPlansEtc	1	1656
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	0	KIMBERLY BARRETT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	1	TIMOTHY BARRETT
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/PersonName	2	BIFF DYER
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	0	SECRETARY/INSTRUCTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	1	CHAIRMAN/INSTRUCTOR
IRS990EZ/OfficerDirectorTrusteeKeyEmpl/Title	2	TRUSTEE/DIRECTOR
IRS990EZ/OperatingSchool	0	false
IRS990EZ/Organization501c3	0	X
IRS990EZ/OrganizationDissolvedEtc	0	false
IRS990EZ/OrganizationHadUBI	0	false
IRS990EZ/OtherAssetsTotal/BOY	0	2145
IRS990EZ/OtherAssetsTotal/EOY	0	1939
IRS990EZ/OtherExpensesTotal	0	13647
IRS990EZ/OtherRevenueTotal	0	684
IRS990EZ/PartVIAHghstPaidCntrctProfSer	0	NONE
IRS990EZ/PartVIOfCompOfHighestPaidEmpl	0	NONE
IRS990EZ/PrimaryExemptPurpose	0	MUSIC ARTS EDUCATION
IRS990EZ/PrintingPublicationsPostage	0	385
IRS990EZ/ProgramServiceAccomplishment/DescriptionProgramServiceAccom	0	More than 70 students are enrolled to receive instruction on stringed musical instruments. Music appreciation and skill are developed through individual and group lessons, workshops, and performances.
IRS990EZ/ProgramServiceAccomplishment/ProgramServiceExpenses	0	87234
IRS990EZ/ProgramServiceRevenue	0	83011
IRS990EZ/ProhibitedTaxShelterTrans	0	false
IRS990EZ/RelatedOrgControlledEntity	0	false
IRS990EZ/SalariesOtherCompEmplBenefits	0	85074
IRS990EZ/SubjectToProxyTax	0	false
IRS990EZ/SumOfTotalLiabilities/BOY	0	148
IRS990EZ/SumOfTotalLiabilities/EOY	0	148
IRS990EZ/TanningServicesProvided	0	false
IRS990EZ/TaxImposedUnderIRC4911	0	0
IRS990EZ/TaxImposedUnderIRC4912	0	0
IRS990EZ/TaxImposedUnderIRC4955	0	0
IRS990EZ/TheBooksAreInCareOf/AddressUS/AddressLine1	0	PO BOX 3431
IRS990EZ/TheBooksAreInCareOf/AddressUS/City	0	JOHNSON CITY
IRS990EZ/TheBooksAreInCareOf/AddressUS/State	0	TN
IRS990EZ/TheBooksAreInCareOf/AddressUS/ZIPCode	0	37602
IRS990EZ/TheBooksAreInCareOf/NamePerson	0	LINDA DYER
IRS990EZ/TheBooksAreInCareOf/TelephoneNumber	0	4239151212
IRS990EZ/TotalAssets/BOY	0	40800
IRS990EZ/TotalAssets/EOY	0	31130
IRS990EZ/TotalExpenses	0	102541
IRS990EZ/TotalProgramServiceExpenses	0	87234
IRS990EZ/TotalRevenue	0	92871
IRS990EZ/TransactionWithControlEntity	0	false
IRS990EZ/TrnsfrsExemptNonCharRelatedOrg	0	false
IRS990EZ/WebSite	0	www.academyofstrings.com
IRS990ScheduleA/FactsAndCircumstancesTest	0	Part III Line 12 REPRESENTS LATE PAYMENT AND SERVICE CHARGES ASSESSED ON ACCOUNTS RECEIVABLE.
IRS990ScheduleA/GeneralExplanation	0	Part III Line 12 REPRESENTS LATE PAYMENT AND SERVICE CHARGES ASSESSED ON ACCOUNTS RECEIVABLE.
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYear	0	9155
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus1Year	0	14000
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus2Years	0	21108
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus3Years	0	21391
IRS990ScheduleA/GiftsGrantsContribReceived509/CurrentTaxYearMinus4Years	0	21334
IRS990ScheduleA/GiftsGrantsContribReceived509/Total	0	86988
IRS990ScheduleA/GrossInvestmentIncome509/Total	0	0
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYear	0	83011
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus1Year	0	73375
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus2Years	0	80977
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus3Years	0	83477
IRS990ScheduleA/GrossReceiptsFromAdmissions/CurrentTaxYearMinus4Years	0	77866
IRS990ScheduleA/GrossReceiptsFromAdmissions/Total	0	398706
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYear	0	21
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus1Year	0	36
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus2Years	0	81
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus3Years	0	119
IRS990ScheduleA/InvestmentIncomeAndUBTI/CurrentTaxYearMinus4Years	0	244
IRS990ScheduleA/InvestmentIncomeAndUBTI/Total	0	501
IRS990ScheduleA/InvestmentIncomePercentage	0	0.00100
IRS990ScheduleA/NetIncomeFromOtherUBI/Total	0	0
IRS990ScheduleA/OtherIncome509/CurrentTaxYear	0	684
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus1Year	0	515
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus2Years	0	820
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus3Years	0	505
IRS990ScheduleA/OtherIncome509/CurrentTaxYearMinus4Years	0	661
IRS990ScheduleA/OtherIncome509/Total	0	3185
IRS990ScheduleA/Post1975UBTI/CurrentTaxYear	0	21
IRS990ScheduleA/Post1975UBTI/CurrentTaxYearMinus1Year	0	36
IRS990ScheduleA/Post1975UBTI/CurrentTaxYearMinus2Years	0	81
IRS990ScheduleA/Post1975UBTI/CurrentTaxYearMinus3Years	0	119
IRS990ScheduleA/Post1975UBTI/CurrentTaxYearMinus4Years	0	244
IRS990ScheduleA/Post1975UBTI/Total	0	501
IRS990ScheduleA/PriorYearSupportPercentage	0	0.99000
IRS990ScheduleA/PriorYrInvestIncomePercentage	0	0.00340
IRS990ScheduleA/PubliclySupportedOrg509a2	0	X
IRS990ScheduleA/PublicSupportPercentage509	0	0.99250
IRS990ScheduleA/PublicSupportPertcentage170	0	0.00000
IRS990ScheduleA/PublicSupportTotal170	0	0
IRS990ScheduleA/PublicSupportTotal509	0	485694
IRS990ScheduleA/ThirtyThreePercntTestsCY509	0	X
IRS990ScheduleA/Total509/CurrentTaxYear	0	92166
IRS990ScheduleA/Total509/CurrentTaxYearMinus1Year	0	87375
IRS990ScheduleA/Total509/CurrentTaxYearMinus2Years	0	102085
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IRS990ScheduleA/Total509/CurrentTaxYearMinus4Years	0	99200
IRS990ScheduleA/Total509/Total	0	485694
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYear	0	92871
IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus1Year	0	87926
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IRS990ScheduleA/TotalSupportTotal/CurrentTaxYearMinus4Years	0	100105
IRS990ScheduleA/TotalSupportTotal/Total	0	489380
IRS990ScheduleB/ContributorInfo/AggregateContributions	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/AddressLine2	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/City	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/State	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorAddressUS/ZIPCode	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNameBusiness/BusinessNameLine1	0	RESTRICTED
IRS990ScheduleB/ContributorInfo/ContributorNumber	0	RESTRICTED
IRS990ScheduleO/GeneralExplanation/Explanation	0	Form 990-EZ, Part I, Line 8, Other Revenue LATE FEES AND SERVICE CHARGES 684
IRS990ScheduleO/GeneralExplanation/Explanation	1	Form 990-EZ, Part I, Line 16, Other Expenses Dues and subscriptions 74
IRS990ScheduleO/GeneralExplanation/Explanation	2	Form 990-EZ, Part I, Line 16, Other Expenses Insurance 698
IRS990ScheduleO/GeneralExplanation/Explanation	3	Form 990-EZ, Part I, Line 16, Other Expenses Miscellaneous 658
IRS990ScheduleO/GeneralExplanation/Explanation	4	Form 990-EZ, Part I, Line 16, Other Expenses Payroll taxes 6,317
IRS990ScheduleO/GeneralExplanation/Explanation	5	Form 990-EZ, Part I, Line 16, Other Expenses Teacher development 2,500
IRS990ScheduleO/GeneralExplanation/Explanation	6	Form 990-EZ, Part I, Line 16, Other Expenses Workshop expenses 500
IRS990ScheduleO/GeneralExplanation/Explanation	7	Form 990-EZ, Part I, Line 16, Other Expenses Web site 290
IRS990ScheduleO/GeneralExplanation/Explanation	8	Form 990-EZ, Part I, Line 16, Other Expenses Bad debts 291
IRS990ScheduleO/GeneralExplanation/Explanation	9	Form 990-EZ, Part I, Line 16, Other Expenses Promotions 20
IRS990ScheduleO/GeneralExplanation/Explanation	10	Form 990-EZ, Part II, Line 24, Other Assets INVENTORIES Beginning of year 1,245, End of year 1,248
IRS990ScheduleO/GeneralExplanation/Explanation	11	Form 990-EZ, Part II, Line 24, Other Assets PREPAID EXPENSES Beginning of year 115, End of year 115
IRS990ScheduleO/GeneralExplanation/Explanation	12	Form 990-EZ, Part II, Line 24, Other Assets FIXES ASSETS, NET OF ACCUMULATED DEPRECIATION Beginning of year 785, End of year 576
IRS990ScheduleO/GeneralExplanation/Explanation	13	Form 990-EZ, Part II, Line 26, Liabilities GRANTS PAYABLE Beginning of year 148, End of year 148
ReturnHeader/BuildTS	0	2016-03-07 17:11:31Z
ReturnHeader/Filer/EIN	0	621733110
ReturnHeader/Filer/Name/BusinessNameLine1	0	ACADEMY OF STRINGS
ReturnHeader/Filer/NameControl	0	ACAD
ReturnHeader/Filer/Phone	0	4239151212
ReturnHeader/Filer/USAddress/AddressLine1	0	PO BOX 3431
ReturnHeader/Filer/USAddress/City	0	JOHNSON CITY
ReturnHeader/Filer/USAddress/State	0	TN
ReturnHeader/Filer/USAddress/ZIPCode	0	376023431
ReturnHeader/Officer/AuthorizeThirdParty	0	true
ReturnHeader/Officer/DateSigned	0	2013-11-12
ReturnHeader/Officer/Name	0	TIM BARRETT
ReturnHeader/Officer/Title	0	CHAIRMAN
ReturnHeader/Preparer/DatePrepared	0	2013-11-12
ReturnHeader/PreparerFirm/PreparerFirmBusinessName/BusinessNameLine1	0	Southeastern Tax & Accounting PC
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ReturnHeader/PreparerFirm/PreparerFirmUSAddress/City	0	Bristol
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/State	0	TN
ReturnHeader/PreparerFirm/PreparerFirmUSAddress/ZIPCode	0	37621
ReturnHeader/Preparer/Name	0	A Joseph Vance II CPA
ReturnHeader/Preparer/Phone	0	4239689236
ReturnHeader/ReturnType	0	990EZ
ReturnHeader/TaxPeriodBeginDate	0	2012-07-01
ReturnHeader/TaxPeriodEndDate	0	2013-06-30
ReturnHeader/TaxYear	0	2012
ReturnHeader/Timestamp	0	2013-11-12T04:17:40-00:00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZFacts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing

Assets: $31,130
Liabilities: $148
Net assets: $30,982
Revenue: $92,871
Expenses: $102,541
Net income: -$9,670

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$0.46	$0.00	$0.45	$1.75	$1.72	$0.03
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.43	$0.00	$0.43	$1.78	$1.76	$0.02
2023Detailed filing. Detailed filing data is available for this year.	$0.40	$0.00	$0.40	$1.63	$1.55	$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.33	$0.00	$0.33	$1.64	$1.73	$0.09
2021Summary only. Only limited summary data is available for this year.	$0.42	$0.00		$1.80	$1.58	$0.22
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.44	$0.24	$0.19	$1.60	$1.79	$0.19
2019Summary only. Only limited summary data is available for this year.	$0.39	$0.00		$1.40	$1.37	$0.03
2018Summary only. Only limited summary data is available for this year.	$0.37	$0.00		$1.37	$1.36	$0.01
2017Summary only. Only limited summary data is available for this year.	$0.35	$0.00		$1.26	$1.30	$0.05
2016Detailed filing. Detailed filing data is available for this year.	$0.40	$0.00	$0.40	$1.18	$1.16	$0.03
2015Detailed filing. Detailed filing data is available for this year.	$0.37	$0.00	$0.37	$1.13	$1.10	$0.03
2014Detailed filing. Detailed filing data is available for this year.	$0.34	$0.00	$0.34	$1.10	$1.07	$0.03
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.31	$0.00	$0.31	$0.93	$1.03	$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$0.41	$0.00	$0.41	$0.88	$0.93	$0.05
2011Summary only. Only limited summary data is available for this year.	$0.47	$0.02	$0.46	$1.03	$1.05	$0.02