Civic Intelligence

Newport String Project

990 • Fiscal year 2021 • EIN 82-3341534

Jul 01, 2020 to Jun 30, 2021 • Filed on Jan 17, 2022

Organization ProfileNEWPORTSTRINGPROJECT.ORG
16 Warner StNewport, RI 02840

(401) 835-1393

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.00x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

84th percentile

44%

Higher net margin than 84% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

93rd percentile

175%

Faster asset growth than 93% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

87th percentile

115%

Faster revenue growth than 87% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$222,418

Up $141,575 (+175%) from 2020

Net Assets

Up

$222,240

Up $141,799 (+176%) from 2020

Liabilities

Down

$178

Down $224 (-56%) from 2020

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin84th percentile

Revenue

Up

$323,522

Up $173,205 (+115%) from 2020

Expenses

Up

$181,723

Up $52,084 (+40%) from 2020

Net Income

Up

$141,799

Up $121,121 (+586%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth93rd percentile

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

$600K$400K$200K$0Assets 2018: $1Liabilities 2018: $02018Assets 2019: $59,763Liabilities 2019: $02019Assets 2020: $80,843Liabilities 2020: $402Net Assets 2020: $80,4412020Assets 2021: $222,418Liabilities 2021: $178Net Assets 2021: $222,2402021Assets 2022: $240,397Liabilities 2022: $477Net Assets 2022: $239,9202022Assets 2023: $260,980Liabilities 2023: $7,659Net Assets 2023: $253,3212023Assets 2024: $296,982Liabilities 2024: $2,405Net Assets 2024: $294,5772024Assets 2025: $410,516Liabilities 2025: $2,405Net Assets 2025: $408,1112025

Highlighted filing

2021

Assets$222,418
Liabilities$178
Net Assets$222,240
Open 2021 Filing

Operations Trend

Revenue Growth87th percentile

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

$600K$400K$200K$0Revenue 2018: $0Expenses 2018: $0Net Income 2018: $02018Revenue 2019: $59,789Expenses 2019: $26Net Income 2019: $59,7632019Revenue 2020: $150,317Expenses 2020: $129,639Net Income 2020: $20,6782020Revenue 2021: $323,522Expenses 2021: $181,723Net Income 2021: $141,7992021Revenue 2022: $222,523Expenses 2022: $204,845Net Income 2022: $17,6782022Revenue 2023: $296,008Expenses 2023: $282,607Net Income 2023: $13,4012023Revenue 2024: $388,064Expenses 2024: $346,808Net Income 2024: $41,2562024Revenue 2025: $481,541Expenses 2025: $368,007Net Income 2025: $113,5342025

Highlighted filing

2021

Revenue$323,522
Expenses$181,723
Net Income$141,799
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jan 17, 2022
Return Version
2020v4.0
Gross Receipts
$323,522
Mission and Program Overview

Mission

The newport string project is a chamber music performance and youth mentoring initiative committed to making inspiring musical experiences accessible for all in newport, ri.

The newport string project is a chamber music performance and youth mentoring initiative committed to making inspiring musical experiences accessible for all in newport, ri. String instrument lessons are provided free of charge to students at the martin luther king center. A chamber music concert series offers accessible high quality classical music concerts to the greater newport community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$74,050$176,348▲ $102,298
Accounts Receivable$1,793$40,000▲ $38,207
Prepaid Expenses and Deferred Charges-$6,070-
Pledges and Grants Receivable$5,000--
Total Assets$80,843$222,418▲ $141,575
Liabilities
Accounts Payable and Accrued Expenses$402$178▼ $224
Total Liabilities$402$178▼ $224
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$80,441$222,240▲ $141,799
Total Net Assets Fund Balance$80,441$222,240▲ $141,799
Total Liabilities and Net Assets / Fund Balance$80,843$222,418▲ $141,575
Compensation and Service Providers
Top Officer Pay77th percentile

Board Members and Trustees

NameTitle
Dominique AlfandrePresident
Alexandra BrooksDirector
Cherayne AshtonDirector
Garry Fischer MdDirector
Jacque RussomDirector
Kate LongoDirector
Kyle DufurDirector
Lenny MatczynskiDirector
Heath MarlowSecretary
Marilyn WarrenTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$315,412
Program Service Revenue
$8,110
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$141,799
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$153,203
Other Expenses$28,520
Total Fundraising Expense$6,600
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$90,325--$90,325
Current Officers, Directors, Trustees, and Key Employees$33,000$13,200$6,600$52,800
Office Expenses$13,297$1,289-$14,586
Payroll Taxes$10,078--$10,078
Fees for Services Other$6,231--$6,231
Fees for Services Accounting$2,750--$2,750
Insurance$2,603--$2,603
Information Technology$1,106--$1,106
Occupancy$1,100--$1,100
Advertising$144--$144
Total Functional Expenses$160,634$14,489$6,600$181,723
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Newport String Project
EIN
82-3341534
Phone
4018351393
Address
16 WARNER ST, NEWPORT, RI 02840

Signing Officer

Name
Dominique Alfandre
Title
President
Phone
4018351393
Signed
2022-01-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dominique Alfandre
Formed
2017
Legal Domicile
Ri
Voting Board Members
10
Independent Board Members
10
Employees
5
Volunteers
10

Preparer

Firm
Joyce Wensel-bailey Pc
Address
PO BOX 11612, ST THOMAS, VI 00801-4612
Preparer
Joyce Wensel-bailey
Phone
3405144897
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“BOARD MEMBERS”

Raw XML Appendix319 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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ReturnHeader/Filer/BusinessNameControlTxt0NEWP
ReturnHeader/Filer/EIN0823341534
ReturnHeader/Filer/PhoneNum04018351393
ReturnHeader/Filer/USAddress/AddressLine1Txt016 WARNER ST
ReturnHeader/Filer/USAddress/CityNm0NEWPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002840
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JOYCE WENSEL-BAILEY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 11612
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ST THOMAS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0008014612
ReturnHeader/PreparerPersonGrp/PhoneNum03405144897
ReturnHeader/PreparerPersonGrp/PreparationDt02022-01-18
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOYCE WENSEL-BAILEY
ReturnHeader/ReturnTs02022-01-20T08:20:22-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DOMINQUE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ALFANDRE
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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Filings

Displayed year

2021 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$222,418
Liabilities
$178
Net assets
$222,240
Revenue
$323,522
Expenses
$181,723
Net income
$141,799
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.11$0.02$4.08$4.82$3.68$1.14
2024Detailed filing. Detailed filing data is available for this year.$2.97$0.02$2.95$3.88$3.47$0.41
2023Detailed filing. Detailed filing data is available for this year.$2.61$0.08$2.53$2.96$2.83$0.13
2022Detailed filing. Detailed filing data is available for this year.$2.40$0.00$2.40$2.23$2.05$0.18
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.22$0.00$2.22$3.24$1.82$1.42
2020Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.80$1.50$1.30$0.21
2019Summary only. Only limited summary data is available for this year.$0.60$0.00$0.60$0.00$0.60
2018Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00