Nonprofit · EIN 62-1733110
ACADEMY OF STRINGS
Tax-exempt · JOHNSON CITY, TN 37602
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-EZ | $175,351 | $172,429 | $2,922 | $45,590 | $148 | $45,442 |
| June 30, 2024 | 990-EZ | $178,251 | $175,964 | $2,287 | $42,730 | $210 | $42,520 |
Financial details: 990-EZ for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $27,300
- Membership dues
- $5,460
- Program service revenue
- $141,775
- Investment income
- $8
- Other revenue
- $808
Expenses
- Compensation of officers, directors and key employees
- $150,375
- Salaries, compensation and benefits (total)
- $162,239
- Professional fees and payments to contractors
- $4,540
- Occupancy
- $600
- Printing, publications and postage
- $181
- Other expenses
- $4,869
- Program services (functional)
- $159,811
Balance sheet and other
- Total assets, start of year
- $42,730
- Total assets, end of year
- $45,590
- Total liabilities, end of year
- $148
- Net assets, end of year
- $45,442
- Cash, savings and investments
- $43,210
- Gross receipts
- $175,351
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIMOTHY BARRETT | CHAIRMAN/INSTRUCTOR | 50 | $80,663 | $2,327 |
| KIMBERLY BARRETT | SECRETARY/INSTRUCTOR | 40 | $66,112 | $1,908 |
| LINDA DYER | MEMBER | 5 | $3,600 | – |
990-EZ for the year ended June 30, 2024: 3 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| TIMOTHY BARRETT | CHAIRMAN/INSTRUCTOR | 50 | $83,830 | $2,500 |
| KIMBERLY BARRETT | SECRETARY/INSTRUCTOR | 40 | $60,260 | $1,500 |
| LINDA DYER | MEMBER | 5 | $3,000 | – |
Address and contacts
- Address (IRS master file)
- PO BOX 3431, JOHNSON CITY, TN 37602-3431
- In care of
- % TIMOTHY BARRETT
- Signed the 990-EZ
- KIMBERLY A BARRETT, SECRETARY
- Phone
- (423) 915-1212
- Website
- www.academyofstrings.com
- Return prepared by
- Southeastern Tax & Accounting PC
Mission
MUSIC ARTS EDUCATION
Program accomplishments
- More than 70 students are enrolled to receive instruction on stringed musical instruments. Music appreciation and skill are developed through individual and group lessons, workshops, and performances.Expenses $159,811
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-EZ on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 62-1733110
- 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
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A25)
- Assets (IRS master file)
- $45,590
- Income (IRS master file)
- $175,351
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | June 2025 | $175,351 | $172,429 | $45,590 | XML |
| 990-EZ | June 2024 | $178,251 | $175,964 | $42,730 | XML |
| 990-EZ | June 2023 | – | – | – | IRS |
| 990-EZ | June 2022 | – | – | – | 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 62-1733110).
Questions about ACADEMY OF STRINGS
- What is the EIN of ACADEMY OF STRINGS?
- The employer identification number (EIN) of ACADEMY OF STRINGS is 62-1733110.
- Is ACADEMY OF STRINGS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to ACADEMY OF STRINGS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ACADEMY OF STRINGS 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 ACADEMY OF STRINGS 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 ACADEMY OF STRINGS last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended June 2025.
- Who are the officers and directors of ACADEMY OF STRINGS?
- The 990-EZ for the year ended June 30, 2025 lists 3 people; 3 received compensation from the organization, the highest $80,663 (TIMOTHY BARRETT, CHAIRMAN/INSTRUCTOR).
- How much revenue does ACADEMY OF STRINGS have?
- On its 990-EZ for the year ended June 30, 2025 it reported revenue of $175,351, expenses of $172,429 and total assets of $45,590 at year end.
Other nonprofits in JOHNSON CITY
- GEORGE L CARTER RAILROAD MUSUEM INC EIN 93-2402782 · last filed 990 for 2024
- WATAUGA VALLEY RAILROAD HISTORICAL SOCIETY & MUSEUM INC EIN 27-5532909 · last filed 990 for 2024
- CONNECT DOWNTOWN JOHNSON CITY EIN 26-3597967 · last filed 990-EZ for 2025
- BRAVISSIMA-WOMEN SPONSORING THE ARTS EIN 83-0618865 · last filed 990-EZ for 2025
- BLUE PLUM EIN 31-1704906 · last filed 990-EZ for 2025
- ACADEMY OF STRINGS FOUNDATION EIN 83-0459299 · last filed 990-EZ for 2025
- JOHNSON CITY-WASHINGTON COUNTY VETERANS MEMORIAL FOUNDATION EIN 46-3180752 · last filed 990-EZ for 2024
- CIPA INC EIN 88-3186491 · last filed 990-N for 2025
All nonprofits in JOHNSON CITY · Tennessee · Arts, culture and humanities