PALAVER STRINGS INC

EIN: 474914834 501(c)(3) Arts, Culture & Humanities

PORTLAND, ME

Total Revenue
$1,149,033
Total Expenses
$921,171
Total Assets
$431,808
Net Assets
$349,164
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
ME
Principal Officer
MAYA FRENCH
Phone
2079305189
Tax Period
2024-07-01 to 2025-06-30

PALAVER STRINGS INC, founded in 2015, is a community nonprofit in the Arts, Culture & Humanities sector that reported $1.1M in total revenue in fiscal year 2024. Revenue surged 48% from the prior year, signaling strong growth momentum. The organization ran a surplus of $228K, a strong 20% operating margin.

Mission

TO STRENGTHEN AND INSPIRE COMMUNITIES THROUGH MUSIC.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $916,162
Program Service Revenue $208,717
Investment Income $25
Other Revenue $24,129
TOTAL REVENUE $1,149,033

Expense Breakdown

Grants Paid $47,350
Salaries & Benefits $486,223
Fundraising Expenses $0
Program Expenses $698,793
Other Expenses $387,598
TOTAL EXPENSES $921,171

Year-over-Year Comparison

2024 2023 Change
Revenue $1,149,033 $777,788 +0.5%
Expenses $921,171 $803,759 +0.1%
Net Income $227,862 $-25,971 -9.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
10
Independent Members
10
Employees
19
Volunteers
20

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$149,934
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOSUE GONZALEZ PRESIDENT 5.00
Officer Director
$0 $0 $0
LAUREN EIDSON TREASURER 2.00
Officer Director
$0 $0 $0
KATHERINE KNOX SECRETARY 2.00
Officer Director
$0 $0 $0
BLANCA SANTIAGO DIRECTOR 1.00
Director
$0 $0 $0
CAROLYN BENTHIEN DIRECTOR 1.00
Director
$0 $0 $0
CHRISTINA WRIGHT DIRECTOR 1.00
Director
$0 $0 $0
DAVID LAKARI DIRECTOR 1.00
Director
$0 $0 $0
MAX MONKS DIRECTOR 1.00
Director
$0 $0 $0
PARGHA LEBOUA DIRECTOR 1.00
Director
$0 $0 $0
WILLIAM BLACK DIRECTOR 1.00
Director
$0 $0 $0
MATTHEW SMITH DIR OF EDU 40.00
Officer
$72,189 $0 $72,189
MAYA FRENCH MANAGING DIR 40.00
Officer
$77,745 $0 $77,745
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $1,149,033 $921,171 $431,808 $227,862
2024 $777,788 $803,759 $110,170 $-25,971
2023 $627,876 $598,545 $165,064 $29,331
2022 $548,970 $515,047 $70,592 $33,923
2021 $340,191 $281,993 $124,555 $58,198
2020 $282,795 $299,865 $63,724 $-17,070
2019 $217,772 $204,481 $33,720 $13,291
Explore More Nonprofits
Top 100 Nonprofits in Maine Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare PALAVER STRINGS INC with other nonprofits in Maine and across the country.