Nonprofit · EIN 20-0210688
FRIENDS OF THE STRAND INC
Tax-exempt · MARIETTA, GA 30061
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,735,055 | $2,683,317 | $51,738 | $6,484,511 | $2,959,396 | $3,525,115 |
| December 31, 2023 | 990 | $2,352,126 | $2,249,455 | $102,671 | $6,421,572 | $2,981,414 | $3,440,158 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $722,960
- Program service revenue
- $1,716,236
- Investment income
- $24,981
- Net income from sales of inventory
- $270,878
- Other revenue
- $270,878
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $807,875
- Salaries, compensation and benefits (total)
- $807,875
- Professional fundraising fees
- $0
- Accounting fees
- $13,589
- Travel
- $5,016
- Depreciation
- $229,078
- Program services (functional)
- $2,192,836
- Management and general (functional)
- $296,549
- Fundraising (functional)
- $193,932
Balance sheet and other
- Total assets, start of year
- $6,421,572
- Total assets, end of year
- $6,484,511
- Total liabilities, end of year
- $2,959,396
- Net assets, end of year
- $3,525,115
- Land, buildings and equipment
- $3,456,649
- Net assets without donor restrictions
- $3,485,502
- Net assets with donor restrictions
- $39,613
- Gross receipts
- $2,868,323
- Employees
- 45
- Volunteers
- 100
- Year formed
- 2003
- State of legal domicile
- GA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HOLLY TUCHMAN | CHAIR Trustee or director, Officer | 10 | $0 |
| RON CARTER | MEMBER Trustee or director | 2 | $0 |
| RALPH KNIGHT | MEMBER Trustee or director | 3 | $0 |
| LISA CROSSMAN | MEMBER Trustee or director | 2 | $0 |
| DEBBIE ABERNATHY | MEMBER Trustee or director | 5 | $0 |
| CASSANDRA BUCKALEW | MEMBER Trustee or director | 3.5 | $0 |
| WENDY BUNCH | MEMBER Trustee or director | 2 | $0 |
| JAY CUNNINGHAM | MEMBER Trustee or director | 2 | $0 |
| KAREN HALLACY | MEMBER Trustee or director | 2 | $0 |
| CAROL ANN KING MASSIH | MEMBER Trustee or director | 2 | $0 |
| BECKY PADEN | MEMBER Trustee or director | 2 | $0 |
| ARNOLD HUFFMAN | MEMBER Trustee or director | 2 | $0 |
| STAN WISE | MEMBER Trustee or director | 2 | $0 |
| MAZI MAZLOOM | MEMBER Trustee or director | 2 | $0 |
| LATONIA HINES | MEMBER Trustee or director | 2 | $0 |
10 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DON KELLER | MEMBER Trustee or director | 2 | $0 |
| STEPHEN IMLER | SECRETARY Trustee or director, Officer | 2 | $0 |
| TRACY STYF | MEMBER Trustee or director | 2 | $0 |
| KAREN LOCKHART | MEMBER Trustee or director | 2 | $0 |
| KIM GRESH | PAST CHAIR Trustee or director | 2 | $0 |
| TERRI BUNTEN GUTHRIE | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| DANA JOHNSON | TREASURER Trustee or director, Officer | 2 | $0 |
| THE HONORABLE SAM OLENS | MEMBER Trustee or director | 2 | $0 |
| DAVID PERSSON | MEMBER Trustee or director | 2 | $0 |
| BILL DUNAWAY | MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 27 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KIM GRESH | CHAIR Trustee or director, Officer | 10 | $0 |
| RON CARTER | MEMBER Trustee or director | 2 | $0 |
| RALPH KNIGHT | MEMBER Trustee or director, Officer | 3 | $0 |
| ALYSSA BLANCHARD | MEMBER Trustee or director | 2 | $0 |
| DEBBIE ABERNATHY | MEMBER Trustee or director | 5 | $0 |
| CASSANDRA BUCKALEW | MEMBER Trustee or director | 3.5 | $0 |
| WENDY BUNCH | MEMBER Trustee or director | 2 | $0 |
| JAY CUNNINGHAM | MEMBER Trustee or director | 2 | $0 |
| KAREN HALLACY | MEMBER Trustee or director | 2 | $0 |
| CAROL ANN KING MASSIH | MEMBER Trustee or director | 2 | $0 |
| BECKY PADEN | MEMBER Trustee or director | 2 | $0 |
| ARNOLD HUFFMAN | MEMBER Trustee or director | 2 | $0 |
| STAN WISE | MEMBER Trustee or director | 2 | $0 |
| MAZI MAZLOOM | MEMBER Trustee or director | 2 | $0 |
| ELIZABETH MANNING | MEMBER Trustee or director | 2 | $0 |
| STEWART CAMPBELL | MEMBER Trustee or director | 2 | $0 |
| STEPHEN IMLER | SECRETARY Trustee or director, Officer | 2 | $0 |
| TRACY RATHBONE STYF | MEMBER Trustee or director | 2 | $0 |
| KAREN LOCKHART | MEMBER Trustee or director | 2 | $0 |
| HOLLY COMER TUCHMAN | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| TERRI BUNTEN GUTHRIE | MEMBER Trustee or director | 2 | $0 |
| DANA JOHNSON | TREASURER Trustee or director, Officer | 2 | $0 |
| THE HONORABLE SAM OLENS | MEMBER Trustee or director | 2 | $0 |
| DAVID PERSSON | MEMBER Trustee or director | 2 | $0 |
| MICHELE SWANN | MEMBER Trustee or director | 3.5 | $0 |
| EARL SMITH | MEMBER Trustee or director | 2 | $0 |
| BILL DUNAWAY | MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 4186, MARIETTA, GA 30061-4186
- In care of
- % KIM C MCGARTH
- Principal officer (990 for 2024)
- RON KING, 117 NORTH PARK SQUARE, MARIETTA, GA 30060
- Signed the 990
- RON KING, TREASURER
- Phone
- (770) 293-0080
- Website
- WWW.STRANDMARIETTA.ORG
- Return prepared by
- HLB GROSS COLLINS PC
Mission
IT IS THE STRAND'S MISSION TO ENRICH AND ENGAGE OUR REGIONAL COMMUNITY THROUGH DIVERSE ENTERTAINMENT AND MEMORABLE EXPERIENCES FOR ALL. SEE SCHEDULE O, PART 1, LINE 1 FOR ADDITIONAL DETAILS.
Program accomplishments
- AS THE LAST REMAINING HISTORIC THEATRE IN COBB COUNTY, THE STRAND IS A LANDMARK STEEPED IN HISTORY ON THE MARIETTA SQUARE. ORIGINALLY BUILT IN 1935 BY THE MANNING-WINKS THEATRE COMPANY AS AN ART DECO MOVIE PALACE. IT IS CURRENTLY THE HOME OF THE EARL AND RACHEL SMITH STRAND THEATRE, A NONPROFIT ARTS ORGANIZATION THAT LIGHTS UP THE SQUARE WITH FILMS, CONCERTS, MUSICALS, PLAYS, EDUCATIONAL PROGRAMMING, AND COMMUNITY GATHERINGS. WHETHER PATRONS ARE INTERESTED IN STEPPING BACK IN TIME TO GLIMPSE A BYGONE ERA OR LOOKING FORWARD TO SEEING CURRENT ACTS OF TODAY, THE STRAND FILLS A CRITICAL NICHE IN THE LOCAL CULTURAL LANDSCAPE OF MARIETTA. THE STRAND HOSTS A WIDE VARIETY OF ART FORMS AND COMMUNITY GATHERINGS AND PROVIDES A HISTORIC HOME FOR ARTS LOVERS TO COME TOGETHER AS A COMMUNITY.Expenses $1,196,255 · revenue $1,661,704
- THE ORGANIZATION IS DEDICATED TO THE RESTORATION AND OPERATION OF THE LAST REMAINING HISTORIC THEATRE IN COBB COUNTY. BY THE EARLY 2000S, THE LANDMARK HAD FALLEN INTO SERIOUS DISREPAIR. A GROUP OF CONCERNED CIVIC LEADERS LAUNCHED INTO ACTION TO RE-OPEN THE THEATRE IN 2008 AND RESTORED IT TO ITS FORMER SPLENDOR. THE THEATRE'S PHYSICAL ASSETS RANGING FROM THE RESTORED LUMIERE LOUNGE TO THE OPEN-AIR ROOFTOP TERRACE ARE ALL ESSENTIAL PIECES OF THE BUSINESS MODEL NOT DIRECTLY ASSOCIATED WITH PERFORMANCES.Expenses $978,754 · revenue $9,440
- THE ORGANIZATION IS DEDICATED TO SERVING THE COMMUNITY'S NEED AND GROWING DEMAND FOR HIGH-QUALITY ARTS PROGRAMMING AND EDUCATION. THE ORGANIZATION DEVELOPS PROGRAMS TO INTRODUCE AND GARNER A LOVE FOR THE ARTS IN THE YOUNG COMMUNITY MEMBERS AND STUDENTS. THIS IS ACCOMPLISHED THROUGH PERFORMING ARTS CAMPS, WORKSHOPS AND PRODUCTIONS SPECIFICALLY FOR AND IN MANY CASES PERFORMED BY STUDENTS AND YOUTH.Expenses $17,827 · revenue $45,093
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 20-0210688
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Arts, culture and humanities (A54)
- Assets (IRS master file)
- $6,484,511
- Income (IRS master file)
- $2,868,323
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,735,055 | $2,683,317 | $6,484,511 | IRS |
| 990 | December 2023 | $2,352,126 | $2,249,455 | $6,421,572 | XML |
| 990 | December 2022 | $1,631,505 | $1,672,834 | $6,039,470 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 20-0210688).
Questions about FRIENDS OF THE STRAND INC
- What is the EIN of FRIENDS OF THE STRAND INC?
- The employer identification number (EIN) of FRIENDS OF THE STRAND INC is 20-0210688.
- Is FRIENDS OF THE STRAND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
- Are donations to FRIENDS OF THE STRAND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FRIENDS OF THE STRAND INC 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 FRIENDS OF THE STRAND INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FRIENDS OF THE STRAND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FRIENDS OF THE STRAND INC?
- The 990 for the year ended December 31, 2024 names RON KING.
- Who are the officers and directors of FRIENDS OF THE STRAND INC?
- The 990 for the year ended December 31, 2024 lists 25 people; 0 received compensation from the organization.
- How much revenue does FRIENDS OF THE STRAND INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,735,055, expenses of $2,683,317 and total assets of $6,484,511 at year end.
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All nonprofits in MARIETTA · Georgia · Arts, culture and humanities