Nonprofit · EIN 45-2656760
STRING THEORY SCHOOLS
Tax-exempt · PHILADELPHIA, PA 19102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,737,319 | $4,279,260 | $458,059 | $3,848,729 | $225,444 | $3,623,285 |
| June 30, 2024 | 990 | $4,373,844 | $4,010,055 | $363,789 | $3,395,921 | $230,695 | $3,165,226 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $6,400
- Program service revenue
- $4,602,000
- Investment income
- $81,646
- Other revenue
- $47,273
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $1,709,430
- Salaries, compensation and benefits (total)
- $2,318,030
- Professional fundraising fees
- $0
- Legal fees
- $139,937
- Accounting fees
- $16,450
- Travel
- $567
- Depreciation
- $12,918
- Program services (functional)
- $3,831,503
- Management and general (functional)
- $447,757
Balance sheet and other
- Total assets, start of year
- $3,395,921
- Total assets, end of year
- $3,848,729
- Total liabilities, end of year
- $225,444
- Net assets, end of year
- $3,623,285
- Land, buildings and equipment
- $23,646
- Net assets without donor restrictions
- $3,623,285
- Gross receipts
- $4,737,319
- Employees
- 19
- Volunteers
- 0
- Year formed
- 2011
- State of legal domicile
- PA
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANGELA COROSANITE | CEO Officer | 40 | $380,582 | $44,482 |
| J JASON COROSANITE | CIO Officer | 20 | $140,224 | $41,545 |
| MICHELLE FAULKNER | DIRECTOR OF SPEC ED Highest-paid employee | 40 | $153,884 | $26,294 |
| ALLISON HUSSEY | PSYCHOLOGIST Highest-paid employee | 40 | $146,093 | $31,251 |
| MATTHEW WASCO | DIRECTOR OF FACILITIES Highest-paid employee | 40 | $117,609 | $47,253 |
| THAYNE DIBBLE | COMPLIANCE MANAGER Highest-paid employee | 40 | $133,452 | $30,892 |
| GREG BEIDLEMAN | DIRECTOR OF TECH Highest-paid employee | 40 | $129,237 | $34,696 |
| ANGELINA DINA | DIRECTOR OF DATA MANAGEMENT Highest-paid employee | 40 | $115,400 | $37,070 |
| MARY RITA D'ALESSANDRO | BOARD PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| FRANK GENTHER | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| SANDRA MILLER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| KAREN RAEZER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
990 for the year ended June 30, 2024: 16 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ANGELA COROSANITE | CEO Officer | 40 | $436,492 | $44,482 |
| J JASON COROSANITE | CIO Officer | 40 | $254,559 | $41,545 |
| ALLISON HUSSEY | PSYCHOLOGIST Highest-paid employee | 40 | $144,429 | $29,988 |
| MICHELLE FAULKNER | DIRECTOR OF SPEC ED Highest-paid employee | 40 | $147,098 | $24,990 |
| DANIELLE SHYLIT | DIRECTOR OF INNOVATION Highest-paid employee | 40 | $123,202 | $39,820 |
| MATTHEW WASCO | DIRECTOR OF FACILITIES Highest-paid employee | 40 | $113,417 | $47,253 |
| GREG BEIDLEMAN | DIRECTOR OF TECH Highest-paid employee | 40 | $124,325 | $32,505 |
| THAYNE DIBBLE | COMPLIANCE MANAGER Highest-paid employee | 40 | $123,633 | $29,666 |
| DINA ANGELINA | DIRECTOR OF DATA MANAGEMEN Highest-paid employee | 40 | $106,209 | $34,622 |
| THOMAS MOSCA | DIRECTOR OF TEACHING AND L Highest-paid employee | 40 | $107,871 | $3,879 |
| MARY RITA D'ALESSANDRO | BOARD PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| SANDRA MILLER | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| JOANN STIO RESIGNED 6242024 | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| FRANK GENTHER | BOARD MEMBER Trustee or director, Officer | 2 | $0 | $0 |
| NORMAN BALCHUNAS RESIGNED 6242024 | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID RAEZER RESIGNED 6242024 | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1600 VINE ST 8TH FLOOR, PHILADELPHIA, PA 19102-1100
- In care of
- % GERALD SANTILLI
- Principal officer (990 for 2024)
- ANGELA COROSANITE, 1600 VINE STREET, PHILADELPHIA, PA 19102
- Signed the 990
- ANGELA COROSANITE, CEO
- Phone
- (856) 505-1300
- Website
- WWW.STRINGTHEORYSCHOOLS.COM
- Return prepared by
- HAEFELE FLANAGAN & CO PC
Mission
PROVIDE STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES
Program accomplishments
- THE PRIMARY MISSION OF STRING THEORY SCHOOLS IS TO PROVIDE AN INTELLECTUALLY STIMULATING CURRICULUM WITH AN INTERNATIONAL FOCUS, EMPHASIZING THE ARTS, LANGUAGES, IDEAS, AND HISTORIES, FROM AN ARRAY OF CULTURES FROM AROUND THE WORLD TO MEET ITS GOALS, THE SCHOOL DRAWS HEAVILY ON THE RESOURCES AVAILABLE IN PHILADELPHIA- THE MUSEUMS, HISTORIC LANDMARKS, BUSINESSES, SCHOOLS, PARKS, COMMUNITIES, AND FAMILIESExpenses $3,831,503 · revenue $4,608,400
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 45-2656760
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 2014
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B900)
- Assets (IRS master file)
- $3,848,729
- Income (IRS master file)
- $4,737,319
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,737,319 | $4,279,260 | $3,848,729 | IRS |
| 990 | June 2024 | $4,373,844 | $4,010,055 | $3,395,921 | IRS |
| 990 | June 2023 | $4,139,575 | $3,774,842 | $2,995,732 | IRS |
| 990 | June 2022 | $3,922,429 | $4,491,778 | $2,668,571 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | 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 45-2656760).
Questions about STRING THEORY SCHOOLS
- What is the EIN of STRING THEORY SCHOOLS?
- The employer identification number (EIN) of STRING THEORY SCHOOLS is 45-2656760.
- Is STRING THEORY SCHOOLS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to STRING THEORY SCHOOLS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does STRING THEORY SCHOOLS 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 STRING THEORY SCHOOLS due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did STRING THEORY SCHOOLS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of STRING THEORY SCHOOLS?
- The 990 for the year ended June 30, 2025 names ANGELA COROSANITE.
- Who are the officers and directors of STRING THEORY SCHOOLS?
- The 990 for the year ended June 30, 2025 lists 12 people; 8 received compensation from the organization, the highest $380,582 (ANGELA COROSANITE, CEO).
- How much revenue does STRING THEORY SCHOOLS have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,737,319, expenses of $4,279,260 and total assets of $3,848,729 at year end.
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