Four Strings Foundation in Nashville, Tennessee (TN)

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Four Strings Foundation
Employer Identification Number (EIN)900937262
Name of OrganizationFour Strings Foundation
In Care of NameChris Ferrari
Address900 Division St, Nashville, TN 37203-4111
SubsectionCharitable Organization, Educational Organization
Ruling Date08/2013
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$10,000 to $24,999
Income$1 to $9,999
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$11,275
Amount of Income$1,200
Form 990 Revenue Amount$1,200
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Music


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Amount of income in 2013: $1,200
This organization: 

 $1,200
Other organizations performing similar types of work: 

 $51,420

Assets in 2013: $11,275
This organization: 

 $11,275
Other organizations performing similar types of work: 

 $15,938

Expenses in 2013: $34,925
This organization: 

 $34,925
Other organizations performing similar types of work: 

 $45,736

Income to expenses ratio in 2013: 0.0
This organization: 

 0.0
Other organizations performing similar types of work: 

 1.0

Grants share in income in 2013: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 5.6%

Financial snapshot for 2013 ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances
2013
Total revenue$1,200
Contributions, gifts, grants, and similar amounts received$1,200
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain/Loss from sale of assets other than inventory$0
Net income/loss from gaming and fundraising events$0
Gross profit/loss from sales of inventory$0
Other revenue$0
Total expenses$34,925
Total net assets$-33,725
Excess/Deficit for the year$-33,725
Net assets or fund balances at beginning of year$0
Other changes in net assets or fund balances$0
Net assets or fund balances at end of year$-33,725
Balance Sheets
2013
Total assets$11,275
Total liabilities$45,000
Net assets or fund balances$-33,725
Other Information
2013
Did the organization engage in any significant activity not previously reported to the IRS?No
Were any significant changes made to the organizing or governing documents?No
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Has the organization filed a Form 990-T for the year?No
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?No
Amount of political expenditures, direct or indirect$0
Did the organization file Form 1120-POL for this year?No
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?No
Total amount involved$0
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?No
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$1,200
Subtotal Support$1,200
Gifts, grants, contributions, and membership fees received$1,200
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$1,200
Public Support$1,200
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$0
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Consortium Mmt22 North Front St No 2nd Fl, Memphis, TN 38103-2162TN2014-02$1,254,059
2Come & Live Inc827 Cammack Court, Nashville, TN 37205TN2010-01$430,359
3Victor Wootens Center For Music And Nature511 Union St Ste 1600, Nashville, TN 37219-1780TN2010-12$308,153
4Council Of Americana Roots Music880 W Jackson Ave Ste E, Cookeville, TN 38501TN2012-07$244,071
5Prizm EnsembleP O Box 171361, Memphis, TN 38187TN2013-08$95,070
6Youth Musical Empowerment4502 Franklin Pike, Nashville, TN 37204-4413TN2009-06$50,000
7Music City BaroquePo Box 121662, Nashville, TN 37212TN2005-11$19,705
8Nashville Tennessee Steel Guitar AssociationPO BOX 325, Hendersonvlle, TN 37077-0325TN2009-12$8,526
9Boro Blues FestPo Box 331803, Murfreesboro, TN 37133TN2011-04$7,764
10Four Strings Foundation900 Division St, Nashville, TN 37203-4111TN2013-08$1,200
11Urban Music Conference Inc4404 Sumatra Dr, Nashville, TN 37218-1435TN1999-02$1
12Acappella Education Association2721 New Well Cove, Cordova, TN 38016TN2014-07$0
13Appalachian Classical Music Association153 Hickory Hollow Road, Elizabethton, TN 37643TN2008-06$0
14Arts For Heavenly Angels IncPo Box 88, Hendersonville, TN 37077TN2012-02$0
15Beat Of Life Inc3204 Crystal Spring Lane, Hermitage, TN 37076TN2014-06$0
16Big Band Preservation Fund1549 Center Star Road, Columbia, TN 38401TN2008-04$0
17Big Nine Jazz AssociationPO BOX 2053, Chattanooga, TN 37409-0053TN2001-01$0
18Blackberry Jam Music Festival3395 Blazer Road, Franklin, TN 37064TN2013-04$0
19Charleyville, The Charlotte Nooe Foundation For Musicians And Writers910 Due West Ave N, Madison, TN 37115TN2012-08$0
20Creative Arts & Communications Institute711 Signal Mountain, Chattanooga, TN 37405TN1996-03$0
Number of organizations performing similar types of work
Alaska8
Alabama45
Arkansas34
Arizona71
California623
Colorado120
Connecticut80
District of Columbia27
Delaware16
Florida242
Georgia110
Hawaii32
Iowa43
Idaho20
Illinois172
Indiana68
Kansas32
Kentucky44
Louisiana60
Massachusetts171
Maryland92
Maine33
Michigan156
Minnesota109
Missouri75
Mississippi23
Montana20
North Carolina111
North Dakota7
Nebraska26
New Hampshire23
New Jersey121
New Mexico43
Nevada29
New York466
Ohio125
Oklahoma33
Oregon102
Pennsylvania158
Rhode Island10
South Carolina59
South Dakota12
Tennessee84
Texas299
Utah38
Virginia128
Vermont23
Washington173
Wisconsin87
West Virginia26
Wyoming13
International8
Total4,730

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