GOLD2023

Strings Music Festival

Steamboat Springs, CO   |  www.stringsmusicfestival.com
GuideStar Charity Check

Strings Music Festival

EIN: 84-1101995


Mission

The mission of Strings Music Festival is to present innovative programs of distinctive classical and popular contemporary music in an intimate and friendly setting to audiences of all ages, enhancing the cultural, educational and entertainment experiences of the community of Northwest Colorado and its visitors.

Ruling year info

1989

Executive Director

Ms. Elissa Greene

Main address

PO Box 774627

Steamboat Springs, CO 80477 USA

Show more contact info

Formerly known as

Strings in the Mountains

EIN

84-1101995

Subject area info

Arts and culture

Musical ensembles and groups

Population served info

Children and youth

Adults

Seniors

NTEE code info

Arts, Cultural Organizations - Multipurpose (A20)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

What we aim to solve

This profile needs more info.

If it is your nonprofit, add a problem overview.

Login and update

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Concert Programming

Concert Programming
DeleteEdit program info
local_library
Description *
Strings Music Festival is the largest performing arts organization in northwestern Colorado. Our renowned Summer Festival includes Classical, Contemporary, Youth and Family Concerts, and Outreach Programs. During the rest of the year, we offer our Fall/Winter Series and our free youth music and arts education program, Strings School Days. The Classical Series features world-class musicians including acclaimed soloists, concertmasters, and principal players with the country’s top 25 orchestras. Our Contemporary Series presents music genres such as jazz, country, rock, and folk music. Strings has featured more than 100 Grammy award winning artists, NEA Jazz Masters, Country Music Hall of Fame, and other award winning artists. Youth and Family Concerts present a variety of music geared towards children and family members. Our Family concert series also includes a sensory friendly concert, the first of its kind in the

Population(s) Served
Adults
Children and youth
Families

Strings School Days is a model arts education program in Colorado and the country that provides free arts education for more than 3,000 public, charter, and private K-12 students annually in rural northwestern Colorado. Evaluations show Strings School Days has significant impacts on student academic achievement, critical thinking and reasoning, student’s worldviews, and youth development skills such as increased self-confidence and self-esteem, and also provides important support for teachers. Strings School Days is unique among youth arts education programs because of the integration of School Days programs into the core curriculum, the youth development and academic goals of the program, and our commitment to youth understanding and appreciation of diverse cultures. Strings School Days doesn’t just engage students in the performing arts; Strings School Days helps create well-rounded, community-minded young people.

Population(s) Served
Children and youth

Free Community Outreach Programs offer unique opportunities for residents and visitors in Routt County to enjoy nationally and locally renowned musical performers and educational opportunities in their home communities. Importantly, these performances engage seniors, families, young children, people with disabilities, and others who may not otherwise be able to participate in the arts due to age, access to venues, disabilities, and/or economic or other circumstances. Our free programs are particularly important given high levels of family poverty in our area and limited opportunities be engaged in the arts. Strings partners with more than 30 nonprofits, businesses, schools, Yampa Valley Medical Center, libraries, Boys and Girls Club, senior living, and community centers. In 2022, we are planning 40 outreach programs that are expected to engage upwards of 2,400 people. Strings Music Festival offers more than 60% of our programs free in the three county area we serve.

Population(s) Served
Children and youth
Seniors
Families
Economically disadvantaged people

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Average price of field trip tickets

This metric is no longer tracked.
Totals By Year
Related Program

Strings School Days

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

All field trips to the pavilion are offered at no cost to students. Even transportation is covered.

Total number of fields trips

This metric is no longer tracked.
Totals By Year
Related Program

Strings School Days

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

All Strings School Days programming in 2021 was virtual

Total number of free performances given

This metric is no longer tracked.
Totals By Year
Related Program

Free Community Outreach

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Total number of performances

This metric is no longer tracked.
Totals By Year
Related Program

Concert Programming

Type of Metric

Output - describing our activities and reach

Direction of Success

Holding steady

Context Notes

Does not include virtual performances. Metrics from 2023 will display a return to full programming post-Covid.

Total number of audience members

This metric is no longer tracked.
Totals By Year
Related Program

Concert Programming

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

These numbers reflect attendance across all programs: Strings School Days, Free, and Concert Programming.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify and remedy poor client service experiences, To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects, To identify where we are less inclusive or equitable across demographic groups, To strengthen relationships with the people we serve

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to get feedback from marginalized or under-represented people, We take steps to ensure people feel comfortable being honest with us, We look for patterns in feedback based on people’s interactions with us (e.g., site, frequency of service, etc.), We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, It is difficult to find the ongoing funding to support feedback collection, Staff find it hard to prioritize feedback collection and review due to lack of time, Our student surveys are dependent on teachers who don't have much time to administer

Financials

Strings Music Festival
Fiscal year: Oct 01 - Sep 30
Financial documents
2021 2021 Audit 2016
done  Yes, financials were audited by an independent accountant. info

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

26.34

Average of 65.00 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

6.3

Average of 5.8 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

22%

Average of 20% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

Strings Music Festival

Revenue & expenses

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

Strings Music Festival

Balance sheet

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

Strings Music Festival

Financial trends analysis Glossary & formula definitions

Fiscal Year: Oct 01 - Sep 30

SOURCE: IRS Form 990 info

This snapshot of Strings Music Festival’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

Created in partnership with

Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $275,753 $132,630 $14,130 $570,091 -$94,680
As % of expenses 13.5% 6.4% 1.1% 27.8% -3.6%
Unrestricted surplus (deficit) after depreciation $53,346 -$84,752 -$199,878 $367,255 -$299,489
As % of expenses 2.4% -3.7% -13.0% 16.3% -10.5%
Revenue composition info
Total revenue (unrestricted & restricted) $2,172,399 $2,247,950 $1,185,343 $2,301,723 $3,020,708
Total revenue, % change over prior year 8.9% 3.5% -47.3% 94.2% 31.2%
Program services revenue 47.7% 42.4% 17.8% 34.0% 37.5%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 2.5% 3.6% 5.3% 2.3% 2.3%
Government grants 0.6% 1.1% 14.2% 16.4% 15.6%
All other grants and contributions 46.5% 50.7% 59.8% 46.1% 42.4%
Other revenue 2.6% 2.2% 2.9% 1.1% 2.1%
Expense composition info
Total expenses before depreciation $2,038,232 $2,085,190 $1,328,538 $2,054,195 $2,640,293
Total expenses, % change over prior year 11.8% 2.3% -36.3% 54.6% 28.5%
Personnel 34.3% 37.2% 54.3% 40.4% 36.4%
Professional fees 37.6% 35.3% 20.5% 29.1% 31.4%
Occupancy 2.3% 0.7% 0.0% 2.1% 5.9%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 0.0% 0.0% 0.0% 0.0% 0.0%
All other expenses 25.8% 26.9% 25.1% 28.5% 26.4%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $2,260,639 $2,302,572 $1,542,546 $2,257,031 $2,845,102
One month of savings $169,853 $173,766 $110,712 $171,183 $220,024
Debt principal payment $0 $0 $0 $0 $0
Fixed asset additions $0 $0 $0 $0 $0
Total full costs (estimated) $2,430,492 $2,476,338 $1,653,258 $2,428,214 $3,065,126

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 5.4 5.8 8.9 8.0 6.3
Months of cash and investments 18.0 18.9 28.1 23.3 16.6
Months of estimated liquid unrestricted net assets 17.3 17.4 26.8 20.4 15.1
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $914,331 $1,005,930 $987,991 $1,373,594 $1,381,849
Investments $2,140,599 $2,271,638 $2,121,320 $2,619,211 $2,267,789
Receivables $23,946 $19,007 $12,625 $19,331 $19,553
Gross land, buildings, equipment (LBE) $8,372,918 $8,428,663 $8,498,184 $8,543,846 $8,613,445
Accumulated depreciation (as a % of LBE) 28.2% 30.6% 32.8% 35.0% 37.0%
Liabilities (as a % of assets) 0.2% 0.8% 0.6% 3.8% 1.5%
Unrestricted net assets $8,958,977 $8,874,225 $8,674,347 $9,041,602 $8,742,113
Temporarily restricted net assets $15,200 $250,021 N/A N/A N/A
Permanently restricted net assets $0 $0 N/A N/A N/A
Total restricted net assets $15,200 $250,021 $177,780 $226,015 $271,680
Total net assets $9,110,977 $9,124,246 $8,852,127 $9,267,617 $9,013,793

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors Yes No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

Executive Director

Ms. Elissa Greene

Elissa Greene assumed the role of Executive Director/CEO of Strings Music Festival in 2015. She joined the Strings year-round staff in 2007, and served as the organization’s Director of Artistic Administration, Education, and Technology. In 2008, she began the successful and free arts education program Strings School Days that engages more than 3,000 K-12th grade youth annually. As the Executive Director/CEO, Ms. Greene has overall operational responsibility for Strings Music Festival’s staff, programs, and strategic planning and evaluation. Ms. Greene serves on the board and/or is engaged with numerous organizations in Steamboat Springs and northwestern Colorado, and also in the U.S. with the Classical Music Festivals of the West consortium and Western Arts Alliance. Ms. Greene is a professional cellist and has been a member of the Steamboat Symphony Orchestra since 2008. She graduated from Colorado College in 2004 with a Bachelor of Arts in Music.

Number of employees

Source: IRS Form 990

Strings Music Festival

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
Related
Show data for fiscal year
Compensation data
Download up to 5 most recent years of officer and director compensation data for this organization

There are no highest paid employees recorded for this organization.

Strings Music Festival

Board of directors
as of 12/27/2023
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Mr. Ted Kahn

Darlinda Baldinger

Jim Bronner

Laura Cusenbary

Chris Diamond

Mary Ann Duffey

Ken Huntsman

Brad Iversen

Chris Kelley

Susan Larson

David Lund

Verne Lundquist

Scott Marr

Barbara Morrison

Phil Rodick

Craig Wasserman

Eric Wilson

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? No

Organizational demographics

SOURCE: Self-reported; last updated 12/27/2023

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European
Gender identity
Female, Not transgender
Sexual orientation
Heterosexual or Straight
Disability status
Person without a disability

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

Disability

Equity strategies

Last updated: 03/11/2022

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We review compensation data across the organization (and by staff levels) to identify disparities by race.
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We have long-term strategic plans and measurable goals for creating a culture such that one’s race identity has no influence on how they fare within the organization.
Policies and processes
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.