Buffalo String Works Inc is a 501(c)(3) organization based in Buffalo, New York, registered in 2015, with $851,095 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$851K
▼ 13.6% vs prior year
Arts & Culture median: $159K
Expenses (FY2024)
$924K
Net assets
$356K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Buffalo String Works Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Buffalo String Works Inc: 5 mo reserves · -9% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Buffalo String Works Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Buffalo String Works Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $57K (FY2016) to $851K (FY2024) across 9 reported years.
Financial snapshot
Operating margin
-8.6%
Spent more than it raised in the latest fiscal year.
Total assets
$616K
Total liabilities
$260K
Net assets
$356K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $851,095▼13.6% | $924,047▼16.9% | $355,817▼16.4% | $615,878▲33.6% | 990 |
| 2023 | $985,042▼1.0% | $1,112,502▲17.4% | $425,769▼29.4% | $460,936▼40.9% | 990 |
| 2022 | $995,254▲19.6% | $947,980▲41.2% | $602,729▲8.5% | $779,817▲14.5% | 990 |
| 2021 | $832,478▲59.2% | $671,382▲52.1% | $555,455▲40.9% | $681,118▲41.1% | 990 |
| 2020 | $523,040▲41.9% | $441,399▲37.1% | $394,359▲26.1% | $482,882▲23.7% | 990 |
| 2019 | $368,713▲88.9% | $321,885▲77.6% | $312,718▲141% | $390,273▲201% | 990 |
| 2018 | $195,163▲11.7% | $181,267▲164% | $129,796▼7.3% | $129,796▼7.3% | 990EZ |
| 2017 | $174,716▲205% | $68,754▲71.3% | $139,963▲361% | $139,963▲355% | 990EZ |
| 2016 | $57,289 | $40,147 | $30,350 | $30,730 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
26 grants to Buffalo String Works Inc totaling $847K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Community Foundation For Greater Buffalo Inc | Charitable support. any restrictions have been communicated to the grantee. | 2024 | $66,500 |
| The Carnegie Hall Corporation | Arts programming | 2024 | $30,000 |
| American Online Giving Foundation Inc | General support | 2024 | $5,008 |
| Community Foundation For Greater Buffalo Inc | Charitable support. any restrictions have been communicated to the grantee. | 2023 | $82,700 |
| The Carnegie Hall Corporation | Arts programming | 2023 | $30,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $11,800 |
| Community Foundation For Greater Buffalo Inc | Unrestricted use; program expansion into new neighborhoods; buffalo string works: sustaining administrative infrastructure to support program expansion; general operating | 2022 | $43,500 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $30,100 |
| The Carnegie Hall Corporation | Arts programming | 2022 | $30,000 |
| The Carnegie Hall Corporation | Arts programming | 2021 | $36,000 |
| Community Foundation For Greater Buffalo Inc | Unrestricted use; student leader stipends and technology supplies; expansion support | 2021 | $19,250 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $15,700 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $15,700 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2021 | $6,500 |
| Community Foundation For Greater Buffalo Inc | Operations support: sustaining strategic growth; americorps vista member to build capacity, develop infrastructure, engage community and help prioritize diversity and inclusion within student body; leadership capacity | 2020 | $64,902 |
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Data for Buffalo String Works Inc (EIN 81-0718400) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.