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    <Timestamp>2013-11-12T04:17:40-00:00</Timestamp>
    <TaxPeriodEndDate>2013-06-30</TaxPeriodEndDate>
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        <BusinessNameLine1>Southeastern Tax &amp; Accounting PC</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>PO Box 366</AddressLine1>
        <City>Bristol</City>
        <State>TN</State>
        <ZIPCode>37621</ZIPCode>
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    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-07-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>621733110</EIN>
      <Name>
        <BusinessNameLine1>ACADEMY OF STRINGS</BusinessNameLine1>
      </Name>
      <NameControl>ACAD</NameControl>
      <Phone>4239151212</Phone>
      <USAddress>
        <AddressLine1>PO BOX 3431</AddressLine1>
        <City>JOHNSON CITY</City>
        <State>TN</State>
        <ZIPCode>376023431</ZIPCode>
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    <Officer>
      <Name>TIM BARRETT</Name>
      <Title>CHAIRMAN</Title>
      <DateSigned>2013-11-12</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
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    <Preparer>
      <Name>A Joseph Vance II CPA</Name>
      <Phone>4239689236</Phone>
      <DatePrepared>2013-11-12</DatePrepared>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-03-07 17:11:31Z</BuildTS>
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      <WebSite>www.academyofstrings.com</WebSite>
      <Organization501c3 referenceDocumentId="990A">X</Organization501c3>
      <GrossReceipts>92871</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>9155</ContributionsGiftsGrantsEtc>
      <ProgramServiceRevenue>83011</ProgramServiceRevenue>
      <InvestmentIncome>21</InvestmentIncome>
      <OtherRevenueTotal>684</OtherRevenueTotal>
      <TotalRevenue>92871</TotalRevenue>
      <SalariesOtherCompEmplBenefits>85074</SalariesOtherCompEmplBenefits>
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      <OccupancyRentUtilitiesAndMaint>500</OccupancyRentUtilitiesAndMaint>
      <PrintingPublicationsPostage>385</PrintingPublicationsPostage>
      <OtherExpensesTotal>13647</OtherExpensesTotal>
      <TotalExpenses>102541</TotalExpenses>
      <ExcessOrDeficitForYear>-9670</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>40652</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>30982</NetAssetsOrFundBalancesEOY>
      <InfoInScheduleOPartII>X</InfoInScheduleOPartII>
      <CashSavingsAndInvestments>
        <BOY>38655</BOY>
        <EOY>29191</EOY>
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        <BOY>2145</BOY>
        <EOY>1939</EOY>
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        <EOY>31130</EOY>
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        <EOY>148</EOY>
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      <NetAssetsOrFundBalances>
        <BOY>40652</BOY>
        <EOY>30982</EOY>
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      <PrimaryExemptPurpose>MUSIC ARTS EDUCATION</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>More than 70 students are enrolled to receive instruction on stringed musical instruments. Music appreciation and skill are developed through individual and group lessons, workshops, and performances.</DescriptionProgramServiceAccom>
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      <TotalProgramServiceExpenses>87234</TotalProgramServiceExpenses>
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        <Compensation>27885</Compensation>
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        <PersonName>BIFF DYER</PersonName>
        <Title>TRUSTEE/DIRECTOR</Title>
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        <Compensation>0</Compensation>
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      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
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      <SubjectToProxyTax>false</SubjectToProxyTax>
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      <MadeLoansToFromOfficers>false</MadeLoansToFromOfficers>
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      <TaxImposedUnderIRC4912>0</TaxImposedUnderIRC4912>
      <TaxImposedUnderIRC4955>0</TaxImposedUnderIRC4955>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NamePerson>LINDA DYER</NamePerson>
        <AddressUS>
          <AddressLine1>PO BOX 3431</AddressLine1>
          <City>JOHNSON CITY</City>
          <State>TN</State>
          <ZIPCode>37602</ZIPCode>
        </AddressUS>
        <TelephoneNumber>4239151212</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <Form720Filed>false</Form720Filed>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
      <FiledScheduleA>true</FiledScheduleA>
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      <PublicSupportPertcentage170>0.00000</PublicSupportPertcentage170>
      <GiftsGrantsContribReceived509>
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        <CurrentTaxYearMinus3Years>21391</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>21108</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>14000</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>9155</CurrentTaxYear>
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        <CurrentTaxYearMinus3Years>83477</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>80977</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>73375</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>83011</CurrentTaxYear>
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        <CurrentTaxYearMinus3Years>104868</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>102085</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>87375</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>92166</CurrentTaxYear>
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      <GrossInvestmentIncome509>
        <Total>0</Total>
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      <Post1975UBTI>
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        <CurrentTaxYearMinus3Years>119</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>81</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>36</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>21</CurrentTaxYear>
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      <InvestmentIncomeAndUBTI>
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        <CurrentTaxYearMinus3Years>119</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>81</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>36</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>21</CurrentTaxYear>
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        <CurrentTaxYearMinus3Years>505</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>820</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>515</CurrentTaxYearMinus1Year>
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        <CurrentTaxYearMinus3Years>105492</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>102986</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>87926</CurrentTaxYearMinus1Year>
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      <PriorYearSupportPercentage>0.99000</PriorYearSupportPercentage>
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      <ThirtyThreePercntTestsCY509>X</ThirtyThreePercntTestsCY509>
      <FactsAndCircumstancesTest>Part III Line 12 REPRESENTS LATE PAYMENT AND SERVICE CHARGES ASSESSED ON ACCOUNTS RECEIVABLE.</FactsAndCircumstancesTest>
      <GeneralExplanation>Part III Line 12 REPRESENTS LATE PAYMENT AND SERVICE CHARGES ASSESSED ON ACCOUNTS RECEIVABLE.</GeneralExplanation>
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          <ZIPCode>RESTRICTED</ZIPCode>
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      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Dues and subscriptions 74</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Insurance 698</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Miscellaneous 658</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Payroll taxes 6,317</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Teacher development 2,500</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Workshop expenses 500</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Web site 290</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Bad debts 291</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part I, Line 16, Other Expenses Promotions 20</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part II, Line 24, Other Assets INVENTORIES Beginning of year 1,245, End of year 1,248</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part II, Line 24, Other Assets PREPAID EXPENSES Beginning of year 115, End of year 115</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part II, Line 24, Other Assets FIXES ASSETS, NET OF ACCUMULATED DEPRECIATION Beginning of year 785, End of year 576</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>Form 990-EZ, Part II, Line 26, Liabilities GRANTS PAYABLE Beginning of year 148, End of year 148</Explanation>
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