Georgia · Nonprofit
FRIENDS OF THE STRAND INC
FRIENDS OF THE STRAND INC (Georgia) receives grants from 15 organizations whose IRS filings report $900,456 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($481,815). 9 of them have funded it in more than one year, and 61% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- Revenue FY2024
- $2.7M
- Funders on record
- 15
- Grants received
- $900k
- Net assets
- $3.5M
What Friends of the Strand Inc does
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.
As stated on its FY2024 Form 990.
Programs
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.
$1,196,255 spent$1,661,704 earned by the program55% of program spendingThe 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.
$978,754 spent$9,440 earned by the program45% of program spendingThe 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.
$17,827 spent$45,093 earned by the program1% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $2,192,836.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $4.9M to $6.0M (+24%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
26% of FRIENDS OF THE STRAND INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (63% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Board chair
Holly Tuchman
Chair
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 3 funders to 5 funders, grant income fell $50k → $27k.
4 of 15 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 61% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $282k from one payer (the payer shares this organization's board, largest Cobb Community Foundation Inc). These are real filings, and they are not money FRIENDS OF THE STRAND INC raised.
From the IRS filings of FRIENDS OF THE STRAND INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
FRIENDS OF THE STRAND INC leans on a few funders — its largest provides 54% of grant income and the top three 76%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
85% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FRIENDS OF THE STRAND INC.
Largest funder’s share by year: 2017 80% · 2018 64% · 2019 84% · 2020 79% · 2021 79% · 2022 54% · 2023 55% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
56% of FRIENDS OF THE STRAND INC's funders are still giving 3 years after their first grant; 60% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
61% of FRIENDS OF THE STRAND INC's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $353k that is directly attributable, 93% of it comes from Georgia funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $548k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
FRIENDS OF THE STRAND INC has grown faster than half of the 5,136 arts & culture nonprofits its size.
this organization peer median middle 50% of peers· 5,136 arts & culture nonprofits $1M–$10M, FY2024
Organizations like FRIENDS OF THE STRAND INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Georgia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
82% of spending goes to programs.
Governance
Public support
84%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Screen this organization
A dated, signed PDF of the compliance screen for FRIENDS OF THE STRAND INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds FRIENDS OF THE STRAND INC?
- FRIENDS OF THE STRAND INC (Georgia) receives grants from 15 organizations whose IRS filings report $900,456 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($481,815). 9 of them have funded it in more than one year, and 61% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
- How many funders does FRIENDS OF THE STRAND INC have?
- IRS filings report 15 organizations giving $900,456 in grants to FRIENDS OF THE STRAND INC, 9 of which have funded it in more than one year.
- Who is the largest funder of FRIENDS OF THE STRAND INC?
- FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $481,815 in grants. The full list of funders is on this page.
- How can an organization like FRIENDS OF THE STRAND INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Friends of the Strand →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 15 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing