Nonprofit · EIN 03-0420714
SEVEN STARS ARTS CENTER INC
Tax-exempt · SHARON, VT 05065
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2025 | 990-EZ | $70,567 | $62,436 | $8,131 | $179,569 | $565 | $179,004 |
| May 31, 2024 | 990-EZ | $84,196 | $79,977 | $4,219 | $171,423 | $550 | $170,873 |
Financial details: 990-EZ for the year ended May 31, 2025
Revenue
- Contributions, gifts and grants
- $21,969
- Program service revenue
- $48,500
- Investment income
- $98
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $31,651
- Occupancy
- $21,617
- Printing, publications and postage
- $213
- Other expenses
- $8,955
- Program services (functional)
- $1,718
Balance sheet and other
- Total assets, start of year
- $171,423
- Total assets, end of year
- $179,569
- Total liabilities, end of year
- $565
- Net assets, end of year
- $179,004
- Cash, savings and investments
- $51,469
- Land and buildings
- $128,100
- Gross receipts
- $70,567
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-EZ for the year ended May 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Barsanti | President | 20 | $0 |
| Emerson Gale | Treasurer | 10 | $0 |
| Thelma Thompson | Secretary | 8 | $0 |
990-EZ for the year ended May 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Barsanti | President | 20 | $0 |
| Emerson Gale | Treasurer | 10 | $0 |
| Thelma Thompson | Secretary | 8 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 216, SHARON, VT 05065-0216
- Signed the 990-EZ
- Emerson Gale, Treasurer
- Phone
- (802) 291-4139
- Website
- www.sevenstarsarts.org
Mission
Music and art education for rural areas
Program accomplishments
- We had a large variety of in person and online music lessons.Expenses $1,120
- We hosted a 14 public concerts and events for this fiscal year.Expenses $460
- Tai Chi, Paint & Sip, and Poetry classes meet regularly.Expenses $138
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in May, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | Not on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990-EZ on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 03-0420714
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- May
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A68)
- Assets (IRS master file)
- $179,569
- Income (IRS master file)
- $70,567
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | May 2025 | $70,567 | $62,436 | $179,569 | XML |
| 990-EZ | May 2024 | $84,196 | $79,977 | $171,423 | XML |
| 990-EZ | May 2023 | – | – | – | IRS |
| 990-EZ | May 2022 | – | – | – | IRS |
| 990-EZ | May 2021 | – | – | – | IRS |
| 990-EZ | May 2020 | – | – | – | IRS |
| 990-EZ | May 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0420714).
Questions about SEVEN STARS ARTS CENTER INC
- What is the EIN of SEVEN STARS ARTS CENTER INC?
- The employer identification number (EIN) of SEVEN STARS ARTS CENTER INC is 03-0420714.
- Is SEVEN STARS ARTS CENTER INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to SEVEN STARS ARTS CENTER INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SEVEN STARS ARTS CENTER INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SEVEN STARS ARTS CENTER INC due?
- The return for tax year 2025 (the year ending May 31, 2026) is due October 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SEVEN STARS ARTS CENTER INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended May 2025.
- Who are the officers and directors of SEVEN STARS ARTS CENTER INC?
- The 990-EZ for the year ended May 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does SEVEN STARS ARTS CENTER INC have?
- On its 990-EZ for the year ended May 31, 2025 it reported revenue of $70,567, expenses of $62,436 and total assets of $179,569 at year end.
Other nonprofits in SHARON
- SHARON CONNECTS INC EIN 39-4178110 · last filed 990-N for 2025
- SHARON ACADEMY EIN 03-0350587 · last filed 990 for 2025
- HIGH HORSES CENTER FOR EQUINE - ASSISTED SERVICES INC EIN 02-0461109 · last filed 990 for 2025
- MAVERICK LLOYD FOUNDATION EIN 36-7093389 · last filed 990-PF for 2024
- FREE & ACCEPTED MASONS OF VERMONT EIN 23-7113512 · last filed 990-N for 2024
- ORDER OF THE EASTERN STAR OF VT GRAND CHAPTER EIN 23-7115145 · last filed 990-N for 2024
- SHARON FIREMANS ASSOCIATION EIN 83-0647568 · last filed 990-N for 2023
- SHARON PTO INC EIN 22-2855902 · last filed 990-N for 2025
All nonprofits in SHARON · Vermont · Arts, culture and humanities