Studio in a School Association

Analysis

Studio in a School Association is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in February 1980, 46 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Studio in a School Association reported income of $8.3m and spending of $10.1m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $8.3m (+4.4%), an average of +1.1% a year. The sharpest change came in the year to June 2022, when income rose by 50%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Studio in a School Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within NY. Charities of a similar size with the same main cause include Diocesan Catholic Childrens Home Inc ($8.3m), Lighthouse Christian School ($8.3m) and Jacksonville Area Legal Aid Inc ($8.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% and program service revenue 6.1% of the total. Compensation of current officers, directors and key employees was $853k (8.4% of expenses). Other salaries and wages came to $5.7m. At year end it held assets of $22.8m against liabilities of $878k, net assets of $21.9m. It reported 254 employees.