Marquis Studios Ltd

Analysis

Marquis Studios Ltd is a registered charity in United States, based in Brooklyn, NY. It received its IRS tax-exemption ruling in January 1981, 45 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 June 2023, Marquis Studios Ltd reported income of $3.1m and spending of $3.0m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.8m to $3.1m (+9.0%), an average of +2.9% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Marquis Studios Ltd 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 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Connecticut Public Affairs Network Inc ($3.1m), Hiller Aviation Institute ($3.1m) and New Museum at the Bradford Brinton Ranch ($3.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% and program service revenue 57% of the total. Compensation of current officers, directors and key employees was $181k (6.1% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $2.6m against liabilities of $332k, net assets of $2.3m. It reported 141 employees.