Nonprofit · EIN 13-1686434
SOCIETY FOR STRINGS INC
Tax-exempt · WESTPORT, NY 12993
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,945,913 | $1,862,817 | $83,096 | $7,231,626 | $75,667 | $7,155,959 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $467,584
- of which government grants
- $37,500
- Program service revenue
- $1,089,598
- Investment income
- $290,998
- Royalties
- $12,352
- Net rental income
- $36,051
- Net gain from sales of assets
- $197,975
- Other revenue
- $97,733
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $128,045
- Other salaries and wages
- $789,292
- Salaries, compensation and benefits (total)
- $1,008,085
- Professional fundraising fees
- $0
- Legal fees
- $1,675
- Accounting fees
- $28,258
- Travel
- $22,894
- Depreciation
- $130,130
- Program services (functional)
- $1,740,640
- Management and general (functional)
- $119,879
- Fundraising (functional)
- $2,298
Balance sheet and other
- Total assets, start of year
- $7,076,370
- Total assets, end of year
- $7,231,626
- Total liabilities, end of year
- $75,667
- Net assets, end of year
- $7,155,959
- Land, buildings and equipment
- $3,734,162
- Publicly traded securities
- $2,948,939
- Net assets without donor restrictions
- $6,349,175
- Net assets with donor restrictions
- $806,784
- Gross receipts
- $2,710,348
- Employees
- 82
- Year formed
- 1951
- State of legal domicile
- NY
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 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| GENEVIEVE TWOMEY | EXECUTIVE DI Officer | 40 | $51,000 | $4,603 |
| ANN SETZER | SECRETARY Trustee or director, Officer | 16 | $39,685 | $0 |
| HANS JORGEN JENSEN | PRESIDENT Trustee or director, Officer | 16 | $37,360 | $0 |
| EARL CARLYSS | BOARD MEMBER Trustee or director | – | $0 | $0 |
| JAMES EHNES | BOARD MEMBER Trustee or director | – | $0 | $0 |
| GARY GINSTLING | BOARD MEMBER Trustee or director | – | $0 | $0 |
| ALEXANDER KERR | BOARD MEMBER Trustee or director | – | $0 | $0 |
| GLEN KWOK | BOARD MEMBER Trustee or director | – | $0 | $0 |
| PINCHAS ROSENBERG | TREASURER Trustee or director, Officer | – | $0 | $0 |
| AMY SCHWARTZ-MORETTI | VICE PRESIDE Trustee or director, Officer | – | $0 | $0 |
| MARCIE SOLOMON | BOARD MEMBER Trustee or director | – | $0 | $0 |
| MAUREEN THOMAN | BOARD MEMBER Trustee or director | – | $0 | $0 |
| JULIA WONG | BOARD MEMBER Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1424 COUNTY ROUTE 10, WESTPORT, NY 12993-3203
- Principal officer (990 for 2024)
- HANS JORGEN JENSEN, 217 3RD ST, WILMETTE, IL 60091
- Signed the 990
- HANS JORGEN JENSEN, PRESIDENT
- Phone
- (518) 962-2400
- Return prepared by
- BOULRICE & WOOD CPAS PC
Mission
TO ENCOURAGE, PROMOTE AND AID THE ARTISTIC DEVELOPMENT OF MUSICIANS ON STRINGED INSTRUMENTS, SPECIFICALLY THROUGH A SUMMER SCHOOL DEVOTED EXCLUSIVELY TO INSTRUCTION FOR STRINGED INSTRUMENTS; AND TO PROMOTE TO THE GENERAL PUBLIC AN APPRECIATION OF THE PLAYING OF STRINGED INSTRUMENTS.
Program accomplishments
- THE SOCIETY FOR STRINGS OPERATES THE MEADOWMOUNT SCHOOL OF MUSIC. THIS IS A SEVEN-WEEK SUMMER PROGRAM FOR VIOLINISTS, VIOLISTS, AND CELLISTS. MUSICIANS AGES 10-30 FROM AROUND THE WORLD GATHER AT THE SCHOOL'S CAMPUS IN THE ADIRONDACK MOUNTAINS IN NORTHERN NEW YORK TO IMMERSE THEMSELVES IN AN ENVIRONMENT WHERE THEY CAN FOCUS ON PERSONAL AND ARTISTIC DEVELOPMENT THROUGH INTENSIVE TRAINING WITH LEADING FACULTY, INDIVIDUAL PRACTICE, CHAMBER MUSIC, AND PERFORMANCE OPPORTUNITIES. MEADOWMOUNT HAS LONG BEEN REGARDED AS THE PREMIER DESTINATION FOR YOUNG MUSICIANS AND HAS HELPED CREATE SOME OF THE GREATEST ARTISTS OF OUR TIME.Expenses $1,740,640 · revenue $1,089,598
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-1686434
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1952
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A6E0)
- Assets (IRS master file)
- $7,231,626
- Income (IRS master file)
- $2,710,348
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,950,127 | $1,996,112 | $7,076,370 | IRS |
| 990 | December 2022 | $1,933,407 | $2,294,976 | $6,838,844 | IRS |
| 990 | December 2021 | $180,653 | $223,212 | $7,904,145 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2018 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about SOCIETY FOR STRINGS INC
- What is the EIN of SOCIETY FOR STRINGS INC?
- The employer identification number (EIN) of SOCIETY FOR STRINGS INC is 13-1686434.
- Is SOCIETY FOR STRINGS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1952.
- Are donations to SOCIETY FOR STRINGS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOCIETY FOR STRINGS 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 SOCIETY FOR STRINGS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOCIETY FOR STRINGS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SOCIETY FOR STRINGS INC?
- The 990 for the year ended December 31, 2024 names HANS JORGEN JENSEN.
- Who are the officers and directors of SOCIETY FOR STRINGS INC?
- The 990 for the year ended December 31, 2024 lists 13 people; 3 received compensation from the organization, the highest $51,000 (GENEVIEVE TWOMEY, EXECUTIVE DI).
- How much revenue does SOCIETY FOR STRINGS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,945,913, expenses of $1,862,817 and total assets of $7,231,626 at year end.
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