3 Point 0 - Studio T Arts & Entertainment

Analysis

3 Point 0 - Studio T Arts & Entertainment is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, 3 Point 0 - Studio T Arts & Entertainment reported income of $1.6m and spending of $1.3m, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $588k to $1.6m (+173%), an average of +40% a year. The sharpest change came in the year to December 2022, when income rose by 110%. Over the whole period it spent 82% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, 3 Point 0 - Studio T Arts & Entertainment sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Ministry of Intercession ($1.6m), Person County Partnership for Children Inc ($1.6m) and Ivy Academy ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $351k (27% of expenses). Other salaries and wages came to $407k. At year end it held assets of $2.3m against liabilities of $241k, net assets of $2.1m. It reported 22 employees.