Civic Intelligence

Newport String Project

990 • Fiscal year 2025 • EIN 82-3341534

Jul 01, 2024 to Jun 30, 2025 • Filed on Oct 02, 2025

16 Warner StreetNewport, RI 02840

(401) 835-1393

Siviq Scores

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

Liabilities / Assets

68th percentile

0.01x

Higher debt load relative to assets than 68% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

68th percentile

0.00x

Higher debt load relative to revenue than 68% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

79th percentile

24%

Higher net margin than 79% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

83rd percentile

38%

Faster asset growth than 83% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

74th percentile

24%

Faster revenue growth than 74% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$410,516

Up $113,534 (+38%) from 2024

Net Assets

Up

$408,111

Up $113,534 (+39%) from 2024

Liabilities

Flat

$2,405

Flat from 2024

Revenue

Up

$481,541

Up $93,477 (+24%) from 2024

Expenses

Up

$368,007

Up $21,199 (+6.1%) from 2024

Net Income

Up

$113,534

Up $72,278 (+175%) from 2024

Historical Trend

Balance Sheet Trend

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

2025

Assets$410,516
Liabilities$2,405
Net Assets$408,111

Operations Trend

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

2025

Revenue$481,541
Expenses$368,007
Net Income$113,534
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Oct 2, 2025
Return Version
2024v5.2
Gross Receipts
$481,541
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$286,982$378,783▲ $91,801
Accounts Receivable$10,000$31,733▲ $21,733
Total Assets$296,982$410,516▲ $113,534
Liabilities
Accounts Payable and Accrued Expenses$1,906$2,405▲ $499
Other Liabilities$499$0▼ $499
Total Liabilities$2,405$2,405→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$294,577$408,111▲ $113,534
Total Net Assets Fund Balance$294,577$408,111▲ $113,534
Total Liabilities and Net Assets / Fund Balance$296,982$410,516▲ $113,534
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$470,242
Program Service Revenue
$11,299
Investment Income
$0
Other Revenue
$0
All Other Contributions
$470,242
Change in Net Assets
$113,534
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$287,812
Other Expenses$80,195
Total Fundraising Expense$20,853
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$235,414$18,000-$253,414
Fees for Services Other$15,590-$11,463$27,053
Payroll Taxes$23,127$2,011-$25,138
Occupancy$8,590$3,599-$12,189
Other Employee Benefits$9,260--$9,260
Advertising$7,613--$7,613
Office Expenses-$4,855-$4,855
Fees for Services Accounting-$4,155-$4,155
Insurance$1,447$1,447-$2,894
All Other Expenses$1,962--$1,962
Other Expenses$1,500$1,158$9,390$1,500
Travel$288--$288
Total Functional Expenses$311,929$35,225$20,853$368,007
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
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, Part VI, Section B, Line 11B

No review was or will be conducted.

Form 990, Part VI, Section C, 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 STREET, NEWPORT, RI 02840

Signing Officer

Name
Dominique Alfandre
Title
President
Phone
4018351393
Signed
2025-10-02
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
7
Volunteers
0

Preparer

Firm
Skuncik & Associates Ltd
Address
39 LONG WHARF MALL, NEWPORT, RI 02840
Preparer
Robin Skuncik Jones
Phone
4018467267
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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/PreparerPersonGrp/PreparerPersonNm0ROBIN SKUNCIK JONES
ReturnHeader/ReturnTs02025-10-02T12:57:50-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

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