T Schreiber Studio Inc

Analysis

T Schreiber Studio Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 1973, 53 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, T Schreiber Studio Inc reported income of $948k and spending of $852k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $886k to $948k (+7.0%), an average of +1.7% a year. The sharpest change came in the year to December 2020, when income dropped by 26%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, T Schreiber Studio Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 75th percentile within NY. Charities of a similar size with the same main cause include The Christine Center ($948k), Whitewater Valley Railroad Assoc Inc ($948k) and The Alabama A&m Univ Research Innovation Science and Engineering ($947k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $92k (11% of expenses). Other salaries and wages came to $163k. At year end it held assets of $653k against liabilities of $150k, net assets of $504k. It reported 6 employees.