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Nonprofiteer
← PALAVER STRINGS INCORPORATED

Form 990 for tax year 2023

Filed by PALAVER STRINGS INCORPORATED.

Totals

Total revenue
$777,788
Total expenses
$803,759
Contributions and grants received
$587,033
Grants paid
$40,287
Program service revenue
$194,309
Investment income
$278
Other revenue
-$3,832
Total assets, end of year
$110,170
Total liabilities, end of year
$36,218
Net assets or fund balances, end of year
$73,952
Program services expenses (Part IX)
$625,183
Management and general expenses
$169,842
Fundraising expenses
$8,734
Program service expenses (Part III)
$625,183

Program services were 77.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1a · Federated campaigns

    $11,182

  • 1e · Government grants (contributions)

    $7,500

  • 1f · All other contributions, gifts and grants

    $568,351

  • 2a · Program service revenue: Education Revenue

    total $102,799 · related or exempt $102,799

  • 2b · Program service revenue: Performance Revenue

    total $86,760 · related or exempt $86,760

  • 2c · Program service revenue: Recital Space Rentals

    total $4,750 · related or exempt $4,750

  • 3 · Investment income

    total $278 · excluded $278

  • 10a · Gross sales of inventory

    $4,508

  • 10b · Cost of goods sold

    $8,340

  • 10c · Net income from sales of inventory

    total -$3,832 · related or exempt -$3,832

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $40,287 · program services $40,287

  • 5 · Compensation of officers, directors and key employees

    total $140,282 · program services $106,249 · management and general $34,033

  • 7 · Other salaries and wages

    total $300,643 · program services $225,565 · management and general $75,078

  • 9 · Other employee benefits

    total $19,666 · program services $19,666

  • 10 · Payroll taxes

    total $26,151 · program services $17,454 · management and general $8,697

  • 11b · Fees: legal

    total $480 · management and general $480

  • 11c · Fees: accounting

    total $12,890 · management and general $12,890

  • 11g · Fees: other

    total $30,481 · management and general $30,481

  • 12 · Advertising and promotion

    total $34,085 · program services $34,085

  • 13 · Office expenses

    total $17,899 · program services $14,631 · management and general $3,268

  • 14 · Information technology

    total $2,137 · program services $2,137

  • 16 · Occupancy

    total $30,909 · program services $27,164 · management and general $3,745

  • 17 · Travel

    total $49,924 · program services $49,924

  • 20 · Interest

    total $107 · management and general $107

  • 22 · Depreciation, depletion and amortization

    total $4,582 · program services $4,582

  • 23 · Insurance

    total $1,857 · program services $794 · management and general $1,063

  • 24a · Other expenses: Performances/education

    total $91,379 · program services $82,645 · fundraising $8,734

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $40,156 · end of year $47,560

  • 8 · Inventories for sale or use

    beginning of year $767 · end of year $767

  • 9 · Prepaid expenses and deferred charges

    beginning of year $6,050 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $38,392

  • 10b · Land, buildings and equipment: accumulated depreciation

    $16,901

  • 10c · Land, buildings and equipment, net

    beginning of year $18,670 · end of year $21,491

  • 14 · Intangible assets

    end of year $35,252

  • 15 · Other assets

    beginning of year $99,421 · end of year $5,100

  • 17 · Accounts payable and accrued expenses

    beginning of year $62 · end of year $49

  • 25 · Other liabilities

    beginning of year $65,079 · end of year $36,169

  • 27 · Net assets without donor restrictions

    beginning of year $44,923 · end of year -$4,048

  • 28 · Net assets with donor restrictions

    beginning of year $55,000 · end of year $78,000

Mission and programs · 2023

Mission

Palaver Strings is a musician-led string ensemble and nonprofit organization based in Portland, ME. Our mission is to strengthen and inspire community through music. (Continued on Schedule O)In our musician-led model, Palaver's musicians share artistic and administrative leadership, guided by a passion for engaging new audiences, addressing social justice issues, and amplifying underrepresented voices. Equally committed to performance and education, Palaver presents a full season of live concerts and serves hundreds of students each year at the Palaver Music Center in Portland.

Activities or mission (Part I)

To strengthen and inspire communities through music.

  • Palaver Music Center (PMC) seeks to generate a love of music, foster creativity, and hold space for dialogue between people from diverse cultural and socioeconomic backgrounds in Portland, ME.

    Expenses $352,997 · Grants $40,287 · Revenue $107,549

  • Palaver Strings is a musician-led string ensemble and nonprofit organization based in Portland, ME. Palaver has established itself as aforward-thinking ensemble whose mission is to strengthen and inspirecommunity through music. In our musician-led model, Palaver's musicianspresent over 40 performances a year, share artistic and administrativeleadership, guided by a passion for engaging new audiences, addressingsocial justice issues, and amplifying underrepresented voices.

    Expenses $272,186 · Revenue $82,928

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ekhlas Ahmed

    Director

    Total calculated
    $0
    Hours/week
    2
  • Carolyn Benthien

    Director

    Total calculated
    $0
    Hours/week
    2
  • William Black

    Director

    Total calculated
    $0
    Hours/week
    2
  • David Lakari

    Director

    Total calculated
    $0
    Hours/week
    2
  • Pargha Leboua

    Director

    Total calculated
    $0
    Hours/week
    2
  • Molly McCarthy

    Director (end 5/2024)

    Total calculated
    $0
    Hours/week
    2
  • Max Monks

    Director

    Total calculated
    $0
    Hours/week
    2
  • Blanca Santiago

    Director

    Total calculated
    $0
    Hours/week
    2
  • Ari Solotoff

    Director (end 5/2024)

    Total calculated
    $0
    Hours/week
    2
  • Dana Swenson

    Director

    Total calculated
    $0
    Hours/week
    2
  • Christina Wright

    Director (start 4/2024)

    Total calculated
    $0
    Hours/week
    2
  • Josue Gonzales

    President

    Total calculated
    $0
    Hours/week
    2
  • Lauren Eidson

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Kate Knox

    Secretary

    Total calculated
    $0
    Hours/week
    2
  • Maya French

    Managing Director

    Total calculated
    $71,029
    From this org
    $69,029
    From related orgs
    $0
    Other
    $2,000
    Hours/week
    40
  • Matthew Smith

    Director of Education

    Total calculated
    $69,253
    From this org
    $67,253
    From related orgs
    $0
    Other
    $2,000
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2023
Filed
21 February 2025
IRS schema version
2023v6.0
Source object
202530559349300613

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