Actors Studio

Analysis

Actors Studio is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in April 1957, 69 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Actors Studio reported income of $364k and spending of $1.1m, spending 294% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $555k to $364k (-34%), an average of -10% a year. The sharpest change came in the year to June 2020, when income rose by 150%. Over the whole period it spent 161% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Actors Studio sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 61st percentile within NY. Charities of a similar size with the same main cause include Holy Comforter St Cyprian Community Action Group ($364k), Prisoner Visitation & Support ($364k) and North Idaho Learning Center Inc ($364k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 48% of the total. Compensation of current officers, directors and key employees was $234k (22% of expenses). Other salaries and wages came to $193k. At year end it held assets of $7.4m against liabilities of $45k, net assets of $7.3m. It reported 10 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.