Overview
What is Society For Strings Inc?
Society For Strings Inc, established in Westport, New York, is a dedicated nonprofit organization focused on nurturing talented musicians specializing in string instruments. During the summer, they hosted an educational program for around 169 students, instructing them virtually for seven weeks. The goal was to elevate these young musicians' skills to professional levels, with many pursuing careers in music. In addition to the rigorous training, Society For Strings Inc provided weekly online concerts for the public to enjoy the students' progress. The organization's mission is to encourage, promote, and support the artistic growth of stringed instrument musicians, aiming to foster a broader appreciation of this musical art form within the general public. With a team of 70 dedicated individuals, Society For Strings Inc continues to contribute to the musical community.
Official website here: www.meadowmount.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 84% (Three-Star out of Four Stars)
The Society For Strings Inc has achieved a solid Three-Star rating from Charity Navigator, reflecting its strong performance in Accountability & Finance. With a score of 84, the organization demonstrates effective management of its financial resources, which is crucial for maintaining donor trust and sustainability. The positive aspects of their governance include a majority independent board and comprehensive audit practices.
Strengths of the Society For Strings Inc include a high percentage of program expenses, with 85.81% of expenditures directed towards its programs. This indicates a strong commitment to its mission and effective use of funds. Furthermore, the charity has implemented proper governance practices, such as maintaining meeting minutes and ensuring transparency through the posting of financial documents online.
However, there are areas for improvement, particularly regarding the absence of certain policies like conflict of interest and whistleblower protection. Addressing these gaps could enhance the organization's governance framework and overall accountability, ensuring a higher standard of operation and further boosting donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Society For Strings Inc legitimate?
Society For Strings Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Society For Strings Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $219,095
Professional Fundraising Fees: $0
Other Salaries and Wages: $863,601
For more financial information, click here
Official website here: www.meadowmount.org
What is the mission statement of Society For Strings Inc?
The Society for Strings Inc. is dedicated to fostering and enhancing the artistic development of musicians specializing in stringed instruments. This is accomplished through a unique summer school program, which exclusively focuses on instruction for stringed instruments. The organization's mission extends to promoting public appreciation for the art of playing stringed instruments. Last summer, the summer school served around 169 students on violin, viola, and cello, providing training, education, and promotion of their skills at an advanced level. Many of these students go on to pursue careers as professional musicians. Additionally, the society offers free public concerts online weekly, showcasing the talents of these students.
Official website here: www.meadowmount.org
Who is the CEO of Society For Strings Inc?
Hans Jorgen Jensen is the Executive Di of Society For Strings Inc.
Official website here: www.meadowmount.org
What is the revenue of Society For Strings Inc?
Society For Strings Inc's revenue in 2022 was $1,933,407.
Official website here: www.meadowmount.org
Who are the executives of Society For Strings Inc and what are their salaries?
The average compensation at Society For Strings Inc during 2022 was $15,467. There are 70 employees at Society For Strings Inc.
Here are 11 key members and their salaries:
- Compensation: $150,000
- Related: $0
- Other: $21,577
- Compensation: $35,190
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- Other: $0
- Compensation: $33,905
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.meadowmount.org
Where can I find the form 990 for Society For Strings Inc?
Society For Strings Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.meadowmount.org
Learn more at the official website: www.meadowmount.org
Mission Statement of Society For Strings Inc
Society for Strings Inc, a nonprofit organization, is committed to fostering the artistic growth of musicians specializing in stringed instruments. Their mission is threefold: encouraging, promoting, and aiding the development of these talented musicians. This is primarily achieved through an exclusive summer school program, which is dedicated to providing comprehensive instruction on violin, viola, and cello.
The summer school, serving approximately 169 students, extends over a period of seven weeks. Its primary goal is to train, educate, and elevate the level of playing string instruments to a professional standard. Many of these students go on to pursue careers as professional musicians, demonstrating the impact and success of Society for Strings Inc's mission. As part of this initiative, the organization offers free public concerts online weekly, allowing the general public to appreciate the skills of these budding musicians. By doing so, Society for Strings Inc not only nurtures the talent of its students but also cultivates a wider appreciation for the art of playing stringed instruments.
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Impact
July, 2024
Society For Strings Inc's impact lies in its dedication to teaching music to gifted students, particularly focusing on violin, viola, and cello. The organization's summer school serves approximately 169 students virtually for 7 weeks, with the aim of training, educating, and promoting the playing of string instruments at a high level. Many students who participate in these programs go on to pursue careers as professional musicians. Additionally, the organization offers free public concerts by students online weekly, further enhancing the appreciation for string instruments among the general public. Through its mission to encourage, promote, and aid the artistic development of musicians on stringed instruments, Society For Strings Inc contributes significantly to the arts community, specifically in Westport, NY.
This information is meant to be a general summary of Society For Strings Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $164,283
- Program Service Revenue: $1,108,410
- Gross Receipts: $6,446,119
Assets and Liabilities:
- Total Assets: $6,838,844
- Total Liabilities: $69,967
- Net Assets: $6,768,877
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TUITION
Revenue
$1,108,410
Organization Details
Founding Year
1951
Phone
(518) 962-2400Principal Officer
Hans Jorgen Jensen
Main Address
1424 COUNTY ROUTE 10, WESTPORT, NY, 12993
Website
www.meadowmount.orgNTEE Category
Code: A6E0 - Arts
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